Orthodontic Supplies Market to witness rapid progressions by 2026

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Orthodontic Supplies Market Demand Analysis and
Growth Forecast from 2020 to 2026

• The U.S. Patent and Trademark Office has issued a
  patent to Bay Materials LLC for their Dual Shell
  Dental Appliance and Materials Constructions.
  This patent has allowed them to validate their
  contemporary approach to novel orthodontic
  aligners and thermoformable materials.
  Developments like these will play a pivotal role
  in the augmentation of orthodontic supplies
  market share. According to a recent report by
  Global Market Insights Inc., the overall market
  size is estimated to value at over USD 10.5
  Billion by the end of 2026.
• Among adults, teenagers and children, the adult
  population will play a key role in the
  augmentation of market size. The expansion is
  attributed to the rising adult population which
  is further fueling the concerns facial
  aesthetics. To support the same with an instance,
  as per a study by the World Health Organization
  (WHO), 33 of the adult population in low income
  countries have expressed the need for oral health
  services.

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• In lower-middle-income and upper-middle income
  countries, the number ranged to 60 and 75
  respectively. Looking at factors like these, it
  would be safe to state the orthodontic supplies
  industry revenue from adult population segment
  will grow at 10 CAGR through 2026.

• While on topic, substantial growth in the elderly
  population in Latin America and the Caribbean
  region is observed. A rise in incidences of
  discolored or broken teeth and dental pain is
  observed in this population pool, which can
  further hamper their health and well-being.
  Driven by such instances, health organizations
  are taking initiatives to spread awareness
  regarding oral health, which will create a
  positive impetus on orthodontic supplies market
  forecast.

• Product-wise, the market is divided into
  removable braces, orthodontic adhesives, fixed
  braces and others. Of these, the fixed braces
  segment accounted for a respectable global
  orthodontic supplies market share in 2019 and was
  valued at USD 1.4 Billion. Owing to their
  strength, lower cost and high durability, fixed
  braces are witnessing a rise in demand.
  Furthermore, these braces offer long-lasting
  results whilst providing precise teeth movement.
  These are the primary contributing factors for
  the overall industry growth.

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• Regional Analysis

• The North America region is predicted to fuel the
  orthodontic supplies market demand owing to a
  rise in the disposable income of the population.
  As per a report published by the National Center
  for Biotechnology Information (NCBI), there has
  been a 27 increase in the per capita ortho
  expenditure of the U.S population over the last
  ten years. All sections of the population are now
  able to access orthodontic treatments in the
  region. This has also increased awareness amongst
  the U.S population regarding ortho treatments and
  overall dental care, thereby promoting global
  orthodontic supplies market growth.

• Competitive Analysis

• Some of the key market players are 3M, Align
  Technology, Dentsply Sirona, American
  Orthodontics Inc., Astar Orthodontics Inc.,
  Dental Morelli Ltd., Rocky Mountain Orthodontics
  and GH Orthodontics Inc. These companies are
  involved in implementing strategies such as
  mergers and acquisitions and product launches for
  strengthening their market position.

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