The Global Orthodontic Brackets Market is Growing through Innovations by Orthodontics Companies

 

Global Orthodontic Brackets Market

The global orthodontic brackets market relates to products that are used to position and align teeth by imparting controlled forces to facilitate orthodontic tooth movement. Some of the common types of brackets used include metallic, aesthetic, and self-ligating brackets. Orthodontic brackets improve dental alignment and bite correction through a gradual teeth straightening process. They are made from steel alloys or aesthetic materials like ceramic and plastic and are customized based on the needs of individual patients. The Global Orthodontic Brackets Market is estimated to be valued at US$ 2.10 BN in 2024 and is expected to exhibit a CAGR of 7.4% over the forecast period 2024 to 2031.

Key Takeaways

Key players operating in the Global Orthodontic Brackets Market Demand are Medesy International, American Orthodontics, Metro orthodontics, 3M, TP Orthodontics, Inc., Dentsply Sirona, Ormco Corporation., G&H Orthodontics, Forestadent, Rocky Mountain Orthodontics, Leone S.p.A, DENTAURUM GmbH & Co. KG, Adenta GmbH, and Orthosystems. Key players are focusing on producing aesthetic brackets to gain a larger market share as the demand for invisible braces is rising.

The growing demand for orthodontic treatments among young adults and teenagers globally is contributing to market growth. According to the WHO, malocclusion is one of the most common oral health burdens affecting 60-90% of school children and many adults. Thus, the demand for orthodontic brackets from healthcare professionals and patients is increasing.

Leading manufacturers are expanding their product lines and distribution networks globally. Strategic partnerships and mergers and acquisitions allow companies to penetrate new regional markets. For example, in 2023 Ormco partnered with SmileDirectClub to expand teledentistry offerings for general dentists. This allows for a wider reach in emerging markets.

Market Key Trends

One of the key trends in the orthodontic brackets market is the move towards customized and invisible clear aligner therapy brackets. Companies are developing advanced 3D printing and smart brackets integrated with tiny sensors and cameras for real-time tracking of treatment progress. Self-ligating brackets that require no elastic ties are also gaining traction due to lower appointment times and greater patient comfort. Rising demand for aesthetics and function is propelling innovation in bracket designs, materials, and tooth movement technologies.

Porter’s Analysis

Threat of new entrants: Low, as this industry requires high capital and skilled labor requirements. Bargaining power of buyers: Medium, as there are many established orthodontic braces brands. Bargaining power of suppliers: Low, as raw materials are easily available. Threat of new substitutes: Low, as alternatives such as dentures have limitations. Competitive rivalry: Medium to high, as major players compete on technology, price and customer service.

Geographical Regions With Highest Market Value

North America currently holds the largest share in the global orthodontic brackets market owing to increased orthodontic patient population and higher adoption of advanced orthodontic technologies. Asia Pacific region is expected to witness fastest growth during the forecast period due to growing awareness regarding oral healthcare and penetration of major brands in developing markets. Rising disposable incomes and growing middle class population will further aid market growth in Asia Pacific.

Geographical Region With Fastest Growth

Asia Pacific region is projected to witness fastest growth rate during the forecast period. Factors such as growing patient pool undergoing orthodontic treatment, strong economic growth, rising healthcare expenditure, growing medical tourism sector, and penetration of major international brands into developing Asian countries will boost market revenues in Asia Pacific. China and India represent major opportunities due to their huge population base needing corrective orthodontic procedures.