Orthodontic Services Market by End-user, Service, and Geography - Forecast and Analysis 2020-2024

  • Published: Oct 2020
  • Pages: 120
  • SKU: IRTNTR45508
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The orthodontic services market size has the potential to grow by USD 24.05 million during 2020-2024, and the market’s growth momentum will accelerate during the forecast period.

This report provides a detailed analysis of the market by end-user (hospitals and dental clinics), service (fixed orthodontic services and removable orthodontic services), and geography (Asia, Europe, North America, and ROW). Also, the report analyzes the market’s competitive landscape and offers information on several market vendors, including Abano Healthcare Group Ltd., Apollo White Dental Pvt. Ltd., Burlingame Dental Arts, Coast Dental Services LLC, ENJOY Dental, Integrated Dental Holdings, Joinway Dental Clinic, Pacific Dental Services, Q & M Dental Group (Singapore) Ltd., and Sunny Dental Care.

Market Overview

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Market Competitive Analysis

The orthodontic services market is fragmented. Abano Healthcare Group Ltd., Apollo White Dental Pvt. Ltd., and Burlingame Dental Arts are some of the major market participants. Factors such as the rise in dental laboratories outsourcing orthodontic products in emerging countries, the direct and online sales for expansion, and the use of CAD/CAM and CBCT technology to develop high-precision customized orthodontic devices will offer immense growth opportunities. However, the high cost of orthodontic services and devices and the lack of reimbursement, turnaround time and complications of orthodontic devices, and limited focus on dental care in emerging markets may impede market growth. To make the most of the opportunities, vendors should focus on growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

To help clients improve their market position, this orthodontic services market forecast report provides a detailed analysis of the market leaders and offers information on the competencies and capacities of these companies. The report also covers details on the market’s competitive landscape and offers information on the products offered by various companies. Moreover, this orthodontic services market analysis report provides information on the upcoming trends and challenges that will influence market growth. This will help companies create strategies to make the most of future growth opportunities.

This report provides information on the production, sustainability, and prospects of several leading companies, including:

  • Abano Healthcare Group Ltd.
  • Apollo White Dental Pvt. Ltd.
  • Burlingame Dental Arts
  • Coast Dental Services LLC
  • ENJOY Dental
  • Integrated Dental Holdings
  • Joinway Dental Clinic
  • Pacific Dental Services
  • Q & M Dental Group (Singapore) Ltd.
  • Sunny Dental Care

 

Orthodontic Services Market: Segmentation by Geography

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The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. North America will offer several growth opportunities to market vendors during the forecast period. Collaboration with the leading insurance providers to reduce the service cost, the use of advanced robotic technology via dental imaging, and the use of social media marketing for dental practices will significantly influence orthodontic services market's growth in this region.

43% of the market’s growth will originate from North America during the forecast period. The US is a key market for orthodontic services in North America. This report provides an accurate prediction of the contribution of all segments to the growth of the orthodontic services market size.

Orthodontic Services Market: Key Highlights of the Report for 2020-2024

  • CAGR of the market during the forecast period 2020-2024
  • Detailed information on factors that will drive orthodontic services market growth during the next five years
  • Precise estimation of the orthodontic services market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the orthodontic services industry across Asia, Europe, North America, and ROW
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of orthodontic services market vendors

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Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

TechnavioINFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases
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TechnavioDATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts
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TechnavioREPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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The orthodontic services market growth will increase by $24.05 million during 2019-2024.
The orthodontic services market is expected to grow at a CAGR of 11.44% during 2019-2024.
Technavio has segmented the orthodontic services market by end user (Hospitals and Dental clinics) ,service (Fixed orthodontic services and Removable orthodontic services) , and geographic (North America, Europe, Asia, and ROW).
Abano Healthcare Group Ltd., Apollo White Dental Pvt. Ltd., Burlingame Dental Arts, Coast Dental Services LLC, ENJOY Dental, Integrated Dental Holdings, Joinway Dental Clinic, Pacific Dental Services, Q & M Dental Group (Singapore) Ltd., Sunny Dental Care are a few of the key vendors in the orthodontic services market.
North America will register the highest growth rate of 42.79% among the other regions. Therefore, the orthodontic services market in North America is expected to garner significant business opportunities for the vendors during the forecast period.
  • US
  • UK
  • Germany
  • France
  • China
  • Japan
The key factors driving the orthodontic services market growth are:
  • Rise in dental laboratories outsourcing orthodontic products in emerging countries
  • Collaboration with the leading insurance providers to reduce the service cost
The orthodontic services market vendors should focus on grabbing business opportunities from the hospitals segment as it accounted for the largest market share in the base year.
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