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(Medical-NewsWire.com, January 08, 2020 ) The global Orthodontic Supplies Market is expected to reach USD 6.63 Billion by 2023, at a CAGR of 8.9%.
The Research report provides a detailed overview of the major drivers, restraints, challenges, opportunities, current market trends, and strategies impacting the Overall Market, along with revenue estimates & forecasts and Industry share analysis.
The growing number of patients with malocclusions, jaw diseases, tooth decay/tooth loss, and jaw pain; increasing disposable incomes and expanding middle-class population in developing countries; increasing awareness about advanced orthodontic treatments; and ongoing research and technological advancements in orthodontic products are the key factors driving the growth of this market.
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Orthodontic Supplies Market segmentation:
• based on products
• based on patients
• based on regions.
On the basis of products, the market is categorized into fixed braces, removable braces, adhesives, and accessories. The fixed braces segment is expected to account for the largest share of the global market in 2018. Factors such as better affordability as compared to removable braces, effective outcomes, and the huge demand for these braces in emerging countries such as India, China, and Brazil are propelling growth in this segment.
The Major Players Opearting in the Orthodontic Supplies Market:
Key players in the market include Henry Schien, Inc. (US), DENTSPLY SIRONA, Inc. (US), American Orthodontics (US), Rocky Mountain Orthodontics (US), G&H Orthodontics (US), DENTAURUM GmbH & Co. (Germany), TP Orthodontics, Inc. (US), ClearCorrect (a subsidiary of Straumann Holding AG, Switzerland), Ultradent Products, Inc. (US) Great Lakes Orthodontics, Ltd. (US), DB Orthodontics (UK), and Dental Morelli Ltda. (Brazil)
As of 2017, Align Technology, Inc. (US), 3M Company (US), and Danaher Corporation (US), held the leading position in the global market.
These companies adopted product launches and enhancements; mergers and acquisitions; partnerships and collaborations; and expansions as their key growth strategies in the past four years.
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Geographical Detailed Analysis for Orthodontic Supplies Market:
Geographically, the market is segmented into North America (the US and Canada), Europe (Germany, the UK, France, and the Rest of Europe), Asia Pacific (Japan, China, India, and the Rest of APAC), Latin America (Brazil, Mexico, and Rest of Latin America), and the Middle East and Africa.
The dominant share of North America can be accounted to the growing acceptance of orthodontic treatment among children as well as adults, rising per capita disposable income, growing focus on appearance enhancement and aesthetics, and the presence of major orthodontic product manufacturers in North America.
MarketsandMarkets™
Mr. Shelly Singh
1-888-600-6441
raviraj.tak@marketsandmarkets.com
Source: EmailWire.Com 
Source: EmailWire.com
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