Emphasis on Type (Ceramic Braces, Clear Aligners, and Lingual Braces); Age (Children, Adolescents, and Adults); End-user (Hospitals, Dental Clinics, and Others); and Region/Country
Global Invisible Orthodontics Market was valued at USD 7 billion in 2022, growing at a CAGR of 18% during the forecast period from 2023 – 2030. Invisible Orthodontics services mainly gained prominence due to the increased preference for minimally invasive dentistry techniques. According to a national cross-sectional survey conducted by BMC Oral Health in 2022, it was estimated was nearly 15% of dental practitioners would like to prefer minimally invasive dental procedures based on expert estimation. Many other factors were identified that helped in propelling the market in the forecast period such as the surge in dental problems in people, discreet teeth alignment preference, rising incidences of malocclusion, and misalignments are also driving the growth of the market. In addition to this, investments in dental healthcare as well as government awareness programs regarding dental health have increased significantly in recent years, which are the key factors that are creating opportunities for the market. For instance, the FDI World Dental Federation in September 2022 launched its three-year campaign with the theme: Be Proud of Your Mouth with the goal of inspiring people to take care of their oral health and to make the right decisions to protect it.
Align Technology, Inc.; 3M; Envista; Dentsply Sirona; ClearPath Healthcare Services Pvt. Ltd.; Henry Schein Inc.; Institute Straumann AG; G&H Orthodontics; Ormco Corporation; LingualSystems GmbH are some of the key players in the market. Several M&As along with partnerships have been undertaken by these players to facilitate customers with hi-tech and innovative products/technologies.
Insights Presented in the Report
“Amongst type, clear aligners category to witness higher CAGR during the forecast period”
Based on type, the market is segmented into ceramic braces, clear aligners, and lingual braces. The clear aligners segment is expected to grow with a high CAGR during the forecast period as there is a growing trend of getting invisible braces to maintain discreetness and comfort. Clear aligners look like a transparent plastic case on the teeth without creating the troublesome discomfort of metallic braces. Also, the increased use of clear aligners by dental hygienists, specialists, and lab technicians is boosting its growth in the market. Dental pharmaceutical and medical device companies keep on launching enhanced aligners for the sake of comfort for patients. For instance, OraPharma, an oral health care business of Bausch Health Companies Inc. launched OraFit, a custom clear aligner system in the U.S. in February 2022. This clear aligner system is known for correcting malocclusion with the help of high-performance materials in a three-layer design.
“Amongst age, adults to grow with a significant rate in the market in forecast period”
Based on age, the market is categorized into children, adolescents, and adults. The adult segment held a significant share of the market in the year 2022 owing to the increase in dental illnesses like malocclusion in this age group. This age group has been more inclined towards aesthetics and cosmetic outlook. For instance, according to a report published by the National Center for Biotechnology Information (NCBI), in 2020, in the U.S., more than nearly 90% of adults have suffered from dental caries, and approximately 32% of them have suffered from untreated decay. Also, in 2020, 63% of adults who were aged 18 years and above had gone for dental consultations, as reported by the Centers for Disease Control and Prevention. (CDC), in the U.S.
“Amongst end users, the hospital segment to grow with high CAGR during the forecast period”
Based on end users, the market is segmented into hospitals, dental clinics, and others. The hospital segment is anticipated to grow with a high CAGR during the forecast period owing to rising hospital admissions due to a surge in the prevalence of various dental ailments and rising surgical procedures. Other factors, including increasing dental healthcare expenditure, rising patient awareness levels for maintenance of dental health and hygiene, and availability of advanced hospital infrastructure, increased dental set-ups in developed countries are factors expected to result in the dominance of the segment during the forecast period. For instance, the Dental Council of India reported in August 2023 that there are more than 53,000 dental businesses in India. While American Dental Association reported in January 2023 that there are more than 185,000 dental businesses in the U.S. and there has been an increase of 1% in these businesses from 2022.
“Amongst regions, APAC to grow with a significant rate in the market in forecast period”
APAC is expected to grow with a high CAGR during the forecast period in the global invisible orthodontics market. Several factors such as a surge in the development of a wide range of applications of Invisible orthodontics technology, enhanced accessibility, and minimum healthcare costs are driving the market’s growth during the forecast period. Further, the increase in incidences of dental tourism in the region is also having a positive impact on the market’s growth. There have been significant improvisations and enhancements in invisible orthodontics in the region. For instance, as per reports of the International Journal of Travel Medicine and Global Health (IJTMGH) in June 2023, patients belonging to developed countries like, the U.S., and the UK travel to developing countries such as India, and Mexico to receive affordable, cost-effective oral health care. This trend has led to an acceleration in the dental tourism industry, with approximately 3.5 million patients traveling for dental treatment every year. Thus, APAC is anticipated to grow at a significant rate in the forecast period.
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1. Market Introduction
2. Research Methodology Or Assumption
3. Market Synopsis
4. Executive Summary
5. Impact Of Covid-19 On The Invisible Orthodontics Market
6. Invisible Orthodontics Market Revenue (usd Bn), 2020-2030f
7. Market Insights By Type
8. Market Insights By Age
9. Market Insights By End-user
10. Market Insights By Region
11. Invisible Orthodontics Market Dynamics
12. Invisible Orthodontics Market Opportunities
13. Invisible Orthodontics Market Trends
14. Demand And Supply-side Analysis
15. Value Chain Analysis
16. Competitive Scenario
17. Company Profiled
18. Disclaimer
Research Methodology for the Invisible Orthodontics Market Analysis (2023-2030)
Analyzing the historical market, estimating the current market, and forecasting the future market of the global Invisible orthodontics market were the three major steps undertaken to create and analyze the adoption of Invisible orthodontics in major regions globally. Exhaustive secondary research was conducted to collect the historical market numbers and estimate the current market size. Secondly, to validate these insights, numerous findings and assumptions were taken into consideration. Moreover, exhaustive primary interviews were also conducted, with industry experts across the value chain of the global Invisible orthodontics market. Post assumption and validation of market numbers through primary interviews, we employed a top-down/bottom-up approach to forecasting the complete market size. Thereafter, market breakdown and data triangulation methods were adopted to estimate and analyze the market size of segments and sub-segments of the industry pertains to. Detailed methodology is explained below:
Analysis of Historical Market Size
Step 1: In-Depth Study of Secondary Sources:
Detail secondary study was conducted to obtain the historical market size of the Invisible orthodontics market through company internal sources such as annual reports & financial statements, performance presentations, press releases, etc., and external sources including journals, news & articles, government publications, competitor publications, sector reports, third-party database, and other credible publications.
Step 2: Market Segmentation:
After obtaining the historical market size of the Invisible orthodontics market, we conducted a detailed secondary analysis to gather historical market insights and share for different segments & sub-segments for major regions. Major segments are included in the report as age type, end-user and regions. Further country-level analyses were conducted to evaluate the overall adoption of testing models in that region.
Step 3: Factor Analysis:
After acquiring the historical market size of different segments and sub-segments, we conducted a detailed factor analysis to estimate the current market size of the Invisible orthodontics market. Further, we conducted factor analysis using dependent and independent variables such as age type, end-user and regions of invisible orthodontics. A thorough analysis was conducted for demand and supply-side scenarios considering top partnerships, mergers and acquisitions, business expansion, and product launches in the Invisible orthodontics market sector across the globe.
Current Market Size Estimate & Forecast
Current Market Sizing: Based on actionable insights from the above 3 steps, we arrived at the current market size, key players in the global Invisible orthodontics market, and market shares of the segments. All the required percentage shares split, and market breakdowns were determined using the above-mentioned secondary approach and were verified through primary interviews.
Estimation & Forecasting: For market estimation and forecast, weights were assigned to different factors including drivers & trends, restraints, and opportunities available for the stakeholders. After analyzing these factors, relevant forecasting techniques i.e., the top-down/bottom-up approach were applied to arrive at the market forecast for 2030 00for different segments and sub-segments across the major markets globally. The research methodology adopted to estimate the market size encompasses:
Market Size and Share Validation
Primary Research: In-depth interviews were conducted with the Key Opinion Leaders (KOLs) including Top Level Executives (CXO/VPs, Sales Head, Marketing Head, Operational Head, Regional Head, Country Head, etc.) across major regions. Primary research findings were then summarized, and statistical analysis was performed to prove the stated hypothesis. Inputs from primary research were consolidated with secondary findings, hence turning information into actionable insights.
Split of Primary Participants in Different Regions
Market Engineering
The data triangulation technique was employed to complete the overall market estimation and to arrive at precise statistical numbers for each segment and sub-segment of the global Invisible orthodontics market. Data was split into several segments & sub-segments post studying various parameters and trends in the areas of age type, end-user and regions in the global Invisible orthodontics market.
The main objective of the Global Invisible Orthodontics Market Study
The current & future market trends of the global Invisible orthodontics market were pinpointed in the study. Investors can gain strategic insights to base their discretion for investments on the qualitative and quantitative analysis performed in the study. Current and future market trends determined the overall attractiveness of the market at a regional level, providing a platform for the industrial participant to exploit the untapped market to benefit from a first-mover advantage. Other quantitative goals of the studies include:
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