Orthodontics market size [2021-2028] | 17.2% amazing compound annual growth rate reached 16.36 billion US dollars | Ben Singa

2021-12-15 01:53:59 By : Mr. Aaron Li

Pune, India, December 14, 2021 (GLOBE NEWSWIRE) - The global orthodontic market in 2020 will be USD 4.76 billion. The market is worth 5.38 billion U.S. dollars in 2021 and is expected to reach 16.36 billion U.S. dollars in 2028, with a compound annual growth rate of 1.72 billion U.S. dollars. Percentage for the period 2021-2028. This information was published by Fortune Business Insights™ in its report entitled "Orthodontics Market 2021-2028".

According to our research experts, the demand for these products is growing rapidly due to the multiple medical and visual compensation provided by orthodontic treatment. In addition, within the aforementioned time frame, the gradual shift to preventive oral care, increasing concerns about equipment hygiene, and the promising health benefits of treating dental misalignment are expected to drive the growth of the orthodontic market.

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Suspension of selective operations during COVID-19 causes global market revenue to drop

The COVID-19 pandemic has become a major health crisis worldwide. The healthcare industry has had a significant impact on its revenue growth. On the other hand, the market believes that the unfavorable growth in 2020 is -2.9%.

In order to control the spread of the COVID-19 virus, many preventive measures have been considered, among which, except for emergencies, dental facilities are cordoned off nationwide. Orthodontic emergencies occur frequently, and global appointment registration is one of the main factors restricting the growth of the orthodontic industry in 2020.

To learn more about the short-term and long-term impact of COVID-19 on the market,

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

Technical development of dental equipment drives market growth

Align Technology, Inc. has the largest market share and is ready for further improvement

The global market merged with Align Technology, 3M, Ormco Corporation and Institut Straumann AG to maintain a leading position. On the basis of revenue, Align Technology is responsible for the largest market share, which is mainly due to the amazing sales of Invisalign worldwide.

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Technical development of dental equipment drives market growth

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List of major players covered in the orthodontic market report

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