Increase in prevalence of malocclusion, surge in number of product launches and product approvals, and rise in government expenditure to develop the healthcare infrastructure drive the growth of the global orthodontic headgear market.
PORTLAND, Ore., Oct. 12, 2022 /PRNewswire/ -- Allied Market Research published a report, titled, "Orthodontic Headgear Market by Type (Cervical Pull, High Pull, Reverse Pull and Facemask), by Application (Overbite, Overjet, Other alignment disorder), by End User (Hospital, Dental Clinic): Global Opportunity Analysis and Industry Forecast, 2021-2031." According to the report, the global orthodontic headgear industry generated $1.24 billion in 2021, and is estimated to reach $2.09 billion by 2031, witnessing a CAGR of 5.4% from 2022 to 2031.
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Prime determinants of growth
Increase in prevalence of malocclusion, surge in number of product launches and product approvals, and rise in government expenditure to develop the healthcare infrastructure drive the growth of the global orthodontic headgear market. However, high cost of dental treatment and limited reimbursements for provided by insurers for dental procedures hinder the market growth. On the other hand, increase in awareness regarding open bite, overbite, underbite, crossbite, and crowded teeth present new opportunities in the coming years.
Covid-19 Scenario
- The Covid-19 pandemic impacted the growth of the global orthodontic headgear market negatively. Hospitals postponed or canceled non-urgent and minor procedures for dental care to take care of Covid-infected patients. This, in turn, reduced the demand for orthodontic headgears.
- In addition, dental clinics were closed during the pandemic to avoid the possibility of cross-contamination. This, in turn, led to lowered usage of orthodontic headgears for dental procedures. Consequently, the demand reduced considerably.
- Opening of new dental clinics or expansion of existing ones was postponed as there were lockdown restrictions. This also impacted the market revenue negatively.
The cervical pull segment to maintain its leadership position throughout the forecast period
Based on type, the cervical pull segment accounted for the largest market share in 2021, contributing to more than half of the global orthodontic headgear market, and is estimated to maintain its leadership position throughout the forecast period. Moreover, this segment is expected to manifest the largest CAGR of 5.6% from 2022 to 2031. This is due to rise in prevalence of malocclusion and increase in number of product launches for cervical-pull headgear. The report also analyzes the segments including high pull, reverse pull, and facemask.
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The overbite segment continue its leadership in terms of revenue throughout the forecast period
Based on application, the overbite segment contributed to the highest market share in 2021, accounting for nearly half of the global orthodontic headgear market, and will continue its leadership in terms of revenue throughout the forecast period. Moreover, this segment is estimated to manifest the largest CAGR of 5.8% from 2022 to 2031. This is attributed to rise in prevalence of overbite and increase in awareness among people regarding availability of treatment options for overbite. The research also analyzes the segments including overjet and other alignment disorder.
The hospital segment to continue its highest contribution throughout the forecast period
Based on end user, the hospital segment accounted for the largest market share in 2021, holding more than two-thirds of the global orthodontic headgear market, and is estimated to continue its highest contribution throughout the forecast period. In addition, this segment is projected to grow at the fastest CAGR of 5.5% from 2022 to 2031. This is due to increase in the number of hospitals and rise in the expenditure by government to develop healthcare infrastructure. The report also analyzes the dental clinic segment.
North America to continue its dominant share throughout the forecast period
Based on region, North America held the largest market share in 2021, accounting for more than half of the global orthodontic headgear market, and is projected to continue its dominant share throughout the forecast period. This is attributed to rise in number of product launch and product approval, increase in number of key players, and developed healthcare infrastructure. However, Asia-Pacific is estimated to witness at the fastest CAGR of 6.8% from 2022 to 2031. This is due to rise in expenditure by government organization to develop the healthcare sector and increase in awareness among people regarding malocclusion and its treatment. The report also discusses the regions such as LAMEA and Europe.
Leading Market Players
- 3M Company
- Adenta GmbH
- American Orthodontics
- DB Orthodontics
- Dentaurum Inc.
- Dentsply Sirona
- G&H Orthodontics
- Great Lakes Dental Technologies
- Henry Schein, Inc.
- Ortho Kinetics Corporation
- Plaza Orthodontics
- Rocky Mountain Orthodontics
- TP Orthodontics, Inc.
- Ortho Technology
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