Gain inspiration and Develop collaborations in Market Analysis on Orthodontics Congress 2023

Image

The general health and quality of life are dependent on orthodontics. The market for orthodontics has been largely constant over the past few years, with significant increase in CAD/CAM restorative dentistry. The cost of oral care on a national basis was $113.5 billion in 2014, which is about the same as 2013's $112 billion (in 2014 dollars adjusted for inflation). At a predicted CAGR of 4.5%, the market for dental care and oral hygiene will grow from USD 43.31 billion in 2017 to USD 53.97 billion in 2022.

In the upcoming years, the market for oral and maxillofacial pathology consumables is anticipated to expand significantly. The major factors driving the growth of the global dental consumables market include the rapidly rising geriatric population, rising tourism in emerging markets, rising incidences of dental caries and other periodontal diseases, rising disposable incomes (resulting in an increase in willingness to spend out of-pocket), rising demand for cosmetic dentistry, and rising dental care spending.

The market for dental consumables is anticipated to grow 6.8% year from 2016 to 2021, from USD 25.45 billion to USD 35.35 billion. The lack of dental experts and the high cost and low reimbursement for dental care, however, are anticipated to hamper the growth of this market to some extent.