Orthodontics Market to Register Stunning CAGR of 17.2% between 2021 and 2028

Posted by saurabh on May 24th, 2022

The global orthodontics market size was USD 4.76 billion in 2020. The market is USD 5.38 billion in 2021 and is expected to reach USD 16.36 billion in 2028 at a CAGR of 17.2% in the 2021-2028 period.

This information is published by Fortune Business Insights™, in its report, titled, “Orthodontics Market, 2021-2028.”

According to our research experts, owing to the several medical and visual reimbursement presented by the dental orthopedic treatment, the demand for these products is growing briskly. Furthermore, progressive move towards precautionary oral care, rising apprehension for sanitation of the equipment, and promising health benefits for treatment of dental malocclusion are projected to navigate the orthodontics market growth during the mentioned timeframe.

Get Sample PDF Brochure: https://www.fortunebusinessinsights.com/enquiry/sample/orthodontics-market-101587

Suspended Elective Operations amid COVID-19 to Result in Global Market Revenue Drop

The COVID-19 pandemic has become a prime health crisis across the world. The healthcare industry observed a substantial effect on its income growth. The market on the other hand perceived an adverse growth of -2.9% in the year 2020.

In order to control the spread of COVID-19 virus, numerous preventative procedures were taken into contemplation, among which nation-wide lockdown of dental facilities except for emergency cases. Dental orthopedic emergencies occur infrequently, thus the suspended appointments across the world is one of the primary factor, restraining the growth of the orthodontic industry in 2020.

Orthodontics Market Report Scope & Segmentation

Report Coverage

Details

Forecast Period

2021 to 2028

Forecast Period 2021 to 2028 CAGR

17.2%

2026 Value Projection

USD 16.36 Billion

Base Year

2020

Market Size in 2020

USD 4.76 Billion

Historical Data for

2017 to 2019

No. of Pages

215

Segments covered

Product, Types, End-Users and Geography

Growth Drivers

Rising Prevalence of Teeth Malocclusion to Stoke Demand

Rising Investments by Startup Dental Supplies to Drive Market in North America

Technological Developments in Dental Equipment to Fuel Market Growth

To get to know more about the short-term and long-term impact of COVID-19 on this market,

Please Visit: https://www.fortunebusinessinsights.com/industry-reports/orthodontics-market-101587

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saurabh

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saurabh
Joined: March 23rd, 2020
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