How is Awareness about Oral Heath Supporting Orthodontic Supplies Market?
The high prevalence of oral diseases, continuous technological developments in dentistry, and numerous orthodontics conferences and workshops will increase the orthodontic supplies market size from $3.4 billion in 2016 to $5.9 billion by 2023. The market is expected to witness a CAGR of 8.3% during the forecast period (2017–2023).
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A surge in the cases of oral disorders and diseases, such as dental cavities, oral cancer, periodontal diseases, and malocclusions, will drive the orthodontic supplies market growth in the forecast period. According to the World Health Organization (WHO), almost 100% of the adults and 60%–90% of the schoolchildren suffer from dental cavities. The WHO also states that 15%–20% of the adults within the age bracket of 35 to 44 years suffer from severe periodontal (gum) disease.
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Additionally, a surge in the frequency of orthodontics workshops and conferences, to create awareness about dental health and care treatments, will propel the orthodontic supplies market growth in the coming years. These events aspire to increase awareness regarding the new and existing treatment methods. The European Federation of Orthodontic Specialists Associations (EFOSA), American Association of Orthodontists (AAO), and Asian Pacific Orthodontic Society (APOS) are involved in numerous activities that aim to educate people about basic and advanced oral health management regimens.
Globally, the North American orthodontic supplies market generates the highest revenue owing to the rising prevalence of dental disorders and high aspirations of people to enhance their looks. In this regional market, the U.S. has emerged as the larger contributor in comparison to Canada. According to the Centers for Disease Control and Prevention (CDC), around 31% of adults within the age group of 20–44 years have untreated dental caries. Moreover, the American Academy of Cosmetic Dentistry (AACD) states that nearly 86% of the patients in the U.S. received dental treatment to enhance their physical attractiveness and embolden their self-esteem in 2015.