South East Asia Orthodontics Market by Size, Share, Forecast, & Trends Analysis
“South East Asia Orthodontics Market by Size, Share, Forecast, &
Trends Analysis”
Meticulous
Research®—a leading global market research company,
published a research report titled, ‘South East Asia
Orthodontics Market by Product [{Removable Braces (Clear
Aligners, Retainers) Fixed Braces (Brackets, Archwires, Anchorage, Ligatures)
Bands, Adhesives, Springs} Patient {Teen, Adult} End User {Hospital, Dental
Clinics}] - Forecast to 2030.’
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According to this latest publication from
Meticulous Research®, the South East Asia
orthodontics market is projected to reach $435.1 million by 2030, at a CAGR of
16.7% during the forecast period. The growth of the South East Asia
orthodontics market is mainly attributed to the growing popularity of dental
tourism, the high prevalence of malocclusion, technological advancements in
dentistry, the rising adoption of digital technologies for orthodontic
procedures, and increasing awareness regarding oral hygiene among the
population. However, the high cost of orthodontic treatments and limited
reimbursement policies are restraining the growth of this market. Furthermore,
the growing demand for customized aligners and the implementation of
teledentistry and teleorthodontics are expected to offer better growth
opportunities for market expansion. However, budgetary restrictions and a lack
of awareness regarding orthodontic treatments are the major challenges to the
growth of the market.
Key Players
The key
players profiled in the South East Asia orthodontics market are Align
Technology, Inc. (U.S.), Institut Straumann AG (Switzerland), Henry Schein,
Inc. (U.S.), 3M Company (U.S.), DENTSPLY SIRONA Inc. (U.S.), DENTRUM GmbH &
Co.KG (Germany), Envista Holdings Corporation (U.S.), Koden, Inc. (U.S.),
SmileDirectClub, Inc. (U.S.), Innobrace Orthodontics Pte Ltd
(Singapore), ClearSmile Asia Pte. Ltd. (Singapore), Tomy International,
Inc. (U.S.), Ultradent Products, Inc. (U.S.), and TP Orthodontics, Inc. (U.S.).
South East Asia Orthodontics Market: Future
Outlook
The South
East Asia orthodontics market is segmented by Product [Removable Braces {Clear
Aligners, Retainers}, Fixed Braces {Brackets (Metal Brackets, Aesthetic
Brackets), Archwires (Stainless Steel, Nickel Titanium, Beta Titanium, and
Others), Anchorage Appliances, Ligatures}, Other Orthodontic Products {Bands
& Buccal Tubes, Bonding & Adhesives, Wire Accessories & Springs,
and Other Accessories}], Patient type {Children & Teen, Adults}, End User
{Dental Clinics & Hospitals, Dental Laboratories, Research Institutes}, and
Country. The study also evaluates industry competitors and analyzes their
market share at the country level.
Among all the product types studied in the
report, in 2023, the removable braces segment is expected to account
for the largest share of the South East Asia orthodontics market. The large
market share of this segment is attributed to the high prevalence of
malocclusion, the growing demand for customized clear aligners in adults and
children/teens for orthodontic treatment, the growing focus on cosmetic dental
look in the majority of the SEA countries, and increasing rate of dental
tourism in Thailand, Singapore, and Indonesia.
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Among all the patient types studied in the
report, in 2023, the adult segment is expected to account for the
largest share of the South East Asia orthodontics market. The large market
share of this segment is attributed to the increasing focus on dental
aesthetics to boost self-esteem, the high adoption of clear aligners for dental
orthodontic treatments, and the growing demand for aesthetic dentistry.
Among all the end users studied in the report, in 2023, the
dental clinics & hospitals segment is expected to account for the largest
share of the South East Asia orthodontics market. Factors contributing to the
large market share of this segment include the increased promotional activities
for clear aligners through dental clinics and hospitals, emerging chains of
dental clinics, and the high adoption of new, advanced technologies for
orthodontic procedures by clinics & hospitals.
Among all the countries studied in the report, Singapore is
projected to register the highest CAGR during the forecast period. Factors such
as rising out-of-pocket expenditures for orthodontic treatments, increasing
government initiatives to promote awareness regarding orthodontic procedures,
growing trends of aesthetic appearance in teens and adolescent populations, and
dental hygiene awareness drive the growth of this market.
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Key questions answered in the report:
· What are
the high-growth market segments regarding product, patient type, end user, and
country?
· What was
the historical market for orthodontics in South East Asia?
· What are
the market forecasts and estimates for 2023–2030?
· What are
the major drivers, restraints, challenges, opportunities, and trends in the
South East Asia orthodontics market?
· Who are the
major players in the South East Asia orthodontics market?
· How is the
competitive landscape, and who are the market leaders in the South East Asia
orthodontics market?
· What are
the recent developments in the South East Asia orthodontics market?
· What
strategies are adopted by the major players in the South East Asia orthodontics
market?
· What are
the geographical trends and high growth countries?
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