Europe Orthodontics Market to be Worth $8.76 Billion by 2030
Meticulous
Research®—a
leading global market research company, published a research report titled,
‘Europe Orthodontics Market by Product
(Clear Aligners, Fixed Braces {Brackets, wires [Nickel, Titanium, Steel],
Anchorage, Ligatures}, Bonding, Adhesives, Springs, Tubes, Bands), Patient
(Teen, Adult), End User (Hospital, Clinics, Research) - Forecast to
2030.’
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Free sample Report Here: https://www.meticulousresearch.com/download-sample-report/cp_id=5701?utm_source=blog&utm_medium=social+&utm_campaign=product&utm_content=14-02-2024
According
to this latest publication from Meticulous Research®,
the Europe orthodontics market is projected to reach $8.76 billion by 2030, at
a CAGR of 14.2% during the forecast period. The high prevalence of
malocclusion, the increasing adoption of digital technologies for orthodontic
treatments, and high awareness regarding dental disorders. Furthermore, the
growing demand for aesthetic and cosmetic dentistry offers significant
opportunities for the market’s growth. However, the unavailability of
reimbursement policies for orthodontic treatments hinders the growth of this
market. In addition, the high cost of orthodontic treatments is a major
challenge to the market’s growth.
Key
Players
The
key players profiled in the Orthodontics market are Align Technology, Inc.
(U.S.), Institut Straumann AG (Switzerland), Envista Holdings Corporation
(U.S.), 3M Company (U.S.), DENTSPLY SIRONA Inc. (U.S.), DENTRUM GmbH &
Co.KG (Germany), SmileDirectClub, Inc. (U.S), TP Orthodontics, Inc.
(U.S.), DB Orthodontics Limited (U.K.), and Geniova Technologies, S.L (Spain).
Europe
Orthodontics Market: Future Outlook
The
Europe orthodontics market is segmented by Product [Removable braces {Clear
Aligners, Retainers}, Fixed braces {Brackets (Metal Brackets, Aesthetic
Brackets), Archwires (Stainless Steel, Nickel Titanium, Beta Titanium, and
Others), Anchorage Appliances, Ligatures}, Other Orthodontic Products {Bands
& Buccal Tubes, Bonding & Adhesives, Wire Accessories & Springs,
and Other Accessories}], Patient type [Children & Teen, Adults], End User
[Dental Clinics & Hospitals, Dental Laboratories, Research Institutes], and
Geography. The study also evaluates industry competitors and analyzes their
market share at the country level.
Top
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Based
on product, the Europe orthodontics market
is segmented into removal braces and fixed braces. In 2023, the removable
braces segment is expected to account for the largest share of the orthodontics
market. The large market share of this segment is attributed to the high
prevalence of malocclusion and the growing demand for customized clear aligners
in adults and children/teens.
Based
on patient type, the orthodontics market is
segmented into children & teens, and adults. In 2023, the adults segment is
expected to account for the largest share of the orthodontics market. The large
market share of this segment is attributed to the high prevalence of
malocclusion and the increasing focus on dental aesthetics to boost
self-esteem.
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Based
on end user, in 2023, the dental clinics
& hospitals segment is expected to account for the largest share of the
orthodontics market. Factors contributing to the large market share of this
segment include the increased prevalence of malocclusion, emerging chains of
dental clinics, and the high adoption of new technologies for orthodontic
procedures by clinics & hospitals. Moreover, the high accessibility to
dental clinics and hospitals owing to the wide availability of dentists also
supports the large share of the segment.
Geographic
Review
This
research report analyzes major geographies and provides a comprehensive
analysis of Europe (Germany, France, the U.K., Italy, Spain, Switzerland,
Denmark, Sweden, Netherlands, and the Rest of Europe). In 2023, Germany is
expected to account for the largest share of the Europe orthodontics market.
High healthcare spending, high disposable income, trends of aesthetic
self-appearance in teen and adolescent populations, and dental awareness
contribute to the large share of this market.
Key
questions answered in the report:
· Which
are the high-growth market segments in terms of product, patient type, end
user, and country?
· What
was the historical market for the orthodontics market across Europe?
· What
are the market forecasts and estimates for the period 2023–2030?
· What
are the major drivers, restraints, challenges, opportunities, and trends in the
Europe orthodontics market?
· Who
are the major players in the Europe orthodontics market?
· What
is the competitive landscape like, and who are the market leaders in the Europe
orthodontics market?
· What
are the recent developments in the Europe orthodontics market?
· What
are the different strategies adopted by the major players in the Europe
orthodontics market?
· What
are the geographical trends and high-growth countries?
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