Malocclusion
Market size is
expected to reach USD 40 Billion by 2030 at 6.9% CAGR during the forecast
period 2022-2030.
Malocclusion is the
misalignment of teeth. Malocclusion is most often hereditary, but it can also
occur due to other reasons i.e. childhood habits such as thumb sucking,
pacifier use beyond age 3, and others, extra teeth or lost teeth, ill-fitting
dental fillings, and jaw tumors. There are three major classes of malocclusion
i.e. Class 1, Class 2, and Class 3.
Increasing
prevalence of malocclusion, favorable reimbursement scenario, and rising trend
of cosmetic dentistry are the key factors driving the
malocclusion market.
However, lack of
technological awareness and complications associated with malocclusion
treatment may hinder the growth of the market to an extent. The lack of
technological awareness is mainly attributed to the slow adoption rate of new
technology by the dentists.
Taste the market
data and market information presented through more than 296 market data tables
and figures spread over 251 pages of the project report.
Major Key
Players:
Some of the Malocclusion Market Players are 3M, A-dec Inc., Adenta GmbH,
Align Technology, Inc, American Orthodontics, Biolase, Inc., Carestream Health,
Inc., Danaher, DENTAURUM GmbH & Co. KG, Dentsply Sirona, G&H
Orthodontics, Henry Schein, Inc., Midmark Corp., Patterson Companies, Inc.,
Planmeca OY, Rocky Mountain Orthodontics, Septodont Holding, TP Orthodontics,
Inc, Ultradent Products Inc., Zimmer Dental Inc., and others.
Segment Analysis
The global malocclusion market is segmented on the
basis of class, treatment, and end user.
On the basis of the class, the market is classified
into class I, class II, and class III.
On the basis of the treatment, the market is
segmented into orthodontic braces, surgery, and others. The orthodontic braces
segment is further sub-segmented into metal braces, ceramic braces, clear
aligner, and others.
On the basis of the end -users, the market is
segmented into the hospital and clinics, dental clinics, and others.
Regional Analysis
The Americas dominate the
malocclusion market owing to the improvement in reimbursement scenario, high
healthcare expenditure, and the presence of the leading players in the region.
According to the American Dental Association, in the United States, Maryland,
Utah, Arkansas, and Massachusetts have the highest Medicaid FFS reimbursement
rates i.e. 79.3%, 75.3%, 75.2%, and 74.1% respectively, whereas, Wisconsin,
California, Washington, Maine, and Iowa have the lowest coverage relative to
private dental insurance reimbursement rates.
Europe holds the second position
in the malocclusion market. It is expected that the support provided by the
government bodies for research & development, increasing healthcare
expenditure, and rising prevalence of malocclusion are propelling the growth of
the malocclusion market in the European region. According to the data suggested
by Eurostat, it is observed that among the EU Member States, the highest value
of healthcare expenditure was recorded in Germany in 2014 i.e. EUR 321 billion
which is further followed by France with EUR 237 billion and then United
Kingdom with EUR 223 billion.
Asia Pacific region is projected
to be the fastest growing region during the forecast period. Rapidly improving
technology and the presence of huge patient pool drive the growth of this
market in Asia Pacific region.
The Middle East and Africa hold
the least share of the malocclusion market owing to the presence of poor and
slow developing countries, especially, in the African region.
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