Self Ligating Brackets Market
Number of pages: 100 | Report Format: PDF | Published date: May 18, 2023
Historical Years – 2021 | Base Year – 2022 | Forecasted Years – 2023 to 2031
|
Report Attribute |
Details |
|
Market Size Value in 2022 |
US$ 378.28 million |
|
Revenue Forecast in 2031 |
US$ 626.06 million |
|
CAGR |
6.50% |
|
Base Year for Estimation |
2022 |
|
Forecast Period |
2023 to 2031 |
|
Historical Year |
2021 |
|
Segments Covered |
Product, Material, End user, and Region |
|
Regional Scope |
North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa |
According to the deep-dive market assessment study by Growth Plus Reports, the global self ligating brackets market was valued at US$ 378.28 million in 2022 and is expected to register a revenue CAGR of 6.50% to reach US$ 626.06 million by 2031.
Self Ligating Brackets Market Fundamentals
Self-ligating brackets are a type of dental brace that uses a permanently attached, moving component to entrap the arch wire. Self-ligating brackets have emerged as a significant advancement in orthodontic treatment, revolutionizing the way dental alignment issues are addressed. In recent years, the self-ligating brackets market has witnessed several trends and opportunities such as advancements in orthodontic technology, self-ligating systems have become increasingly sophisticated, offering low-friction mechanics, customizable options, and improved aesthetics. Moreover, the growing demand for minimally invasive orthodontic treatments and the increasing awareness and acceptance among orthodontists and patients have fueled the market's revenue growth.
The global self ligating brackets industry analysis report comprehensively analyzes the market, with the factors that either aid or impede the market growth, such as its drivers, restraints, and opportunities. The research provides insight into the companies that operate in the self ligating brackets market and their efforts to position themselves as key players through expansion strategies and innovations. It also highlights recent developments that contribute to the Self Ligating Brackets market growth. The research also analyzes the impact of the COVID-19 pandemic.
This research is valuable for businesses seeking insights into the market, customers, and competition. The research provides special insights into the segmentation, regions, market size & projection, revenue CAGRs, and other important information that may help clients make the right decisions. The report assembles data from market players and professionals across the industrial value chain. The study also incorporates qualitative and quantitative assessments from industry professionals. Secondary research, surveys and interviews, and statistical modeling are all used in our research to estimate market size and projection. Our reports deliver the most reliable market data because of our specialized research methods.
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Self Ligating Brackets Market Dynamics
Rising incidence rates of malocclusion and jaw discrepancies are prominent factors increasing the market revenue share. The 2021 estimates of World Health Organization stated that, after caries and periodontal disease, malocclusion is one of the most serious oral health issues. Its incidence in children and adolescents is very varied, ranging from 39% to 93% in the United States. This prevalence range is quite broad and varied. Moreover, there is a rising demand for minimally invasive orthodontic treatment options among patients. Self-ligating brackets provide a less invasive alternative to traditional braces, as they eliminate the need for elastic or metal ligatures. This leads to reduced friction, easier oral hygiene maintenance, and improved comfort. The increased focus on aesthetics and patient comfort, along with the desire for shorter treatment duration, has fueled the adoption of self-ligating brackets in the orthodontic field.
However, the high costs of self-ligating brackets due to their advanced design and materials can limit the market revenue growth to some extent.
Self Ligating Brackets Market Ecosystem
Self Ligating Brackets Market, by Product
Self Ligating Brackets Market, by Material
Self Ligating Brackets Market, by End User
Self Ligating Brackets Market by Product
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Active self ligating brackets segment are expected to show 7.6% of revenue CAGR in the forecast years. This growth can be attributed to the increasing demand for dental treatments, rising awareness about oral hygiene, and technological advancements in the dental industry. Additionally, the growing adoption of orthodontic treatments among adults is also expected to drive the market growth. For example, in the United States, the adoption of Invisalign clear aligners has risen significantly among adults who want to correct their teeth without traditional metal braces. This trend has also led to an increase in the use of active self-ligating brackets, which offer faster treatment times and more comfortable wear compared to traditional brackets. For instance, according to the Align Technology 2021 annual report, the use of Invisalign in North American orthodontics increased in 2021 to 98.1 from 67.3 patients in 2020.
The market segmentation sections provide the self ligating brackets market outlook in terms of the demarcation of different consumer groups. Market segmentation is the split of an industry into subgroups depending on characteristics such as product, material, end user, and other factors. Market segmentation data helps organizations understand the preferences and distinctive demands of different customer groups and implement targeted marketing strategies. This data additionally helps in identifying potential Self Ligating Brackets market demand opportunities.
Self Ligating Brackets Market by Region
North America accounted majority of self ligating brackets market share in 2022. In which US accounted for 87% of the market revenue share. This is majorly attributed to the increased patient population, increased awareness, and the presence of advanced healthcare infrastructure. According to 2018 estimates from Stanford University, having braces as a youngster has grown so prevalent in the Western world; an estimated 50 to 70 percent of children in the United States wear braces before adulthood. Moreover, the self ligating brackets market in North America will also increase due to the presence of many top players in the region and increased awareness.
Asia Pacific region in self ligating brackets market is expected to show lucrative growth due to rising demand for advanced orthodontic treatments and increasing adoption of self-ligating brackets in the region. Additionally, the presence of a large patient pool with dental malocclusions and favorable government initiatives promoting oral healthcare are also contributing to the market growth in the Pacific region.
Based on the regions, the global self ligating brackets market is segmented into:
The industry's regional segmentation provides insights into geographic pockets in terms of Self Ligating Brackets industry trends, market size, share, and growth rate. This information helps organizations assess potential growth opportunities in new regional markets, understand competitive threats, and develop localized sales and expansion strategies. This section also offers deeper insights into the regional and country-level Self Ligating Brackets market overview.
Key Components of the Report
Self Ligating Brackets Market Competitive Landscape
The market competitive landscape analysis is performed by gathering and evaluating data about the key competitors, industry trends, and market dynamics. It involves collecting and analyzing data on factors such as products, pricing, geographic reach, customer demographics, marketing tactics, and recent developments. Competitive landscape analysis can help organizations identify present or prospective opportunities and risks in the market.
Self Ligating Brackets Market Strategic Developments
Reasons To Buy This Report
Key Strengths of Our Report
Target Audience to Benefit from this Report.
Self-ligating brackets are a type of orthodontic bracket that do not require elastic or metal ties to hold the archwire in place. They have been shown to reduce treatment time and improve oral hygiene compared to traditional brackets.
The global self ligating brackets market was valued at US$ 378.28 million in 2022 and is expected to register a revenue CAGR of 6.50% to reach US$ 626.06 million by 2031.
Asia Pacific will have the largest self ligating brackets market size during the forecast period from 2023 to 2031
The global self ligating brackets market is expected to register a revenue CAGR of 6.50%from 2023 to 2031.
The global self ligating brackets market is expected to register a revenue CAGR of 6.50% to reach US$ 626.06 million by 2031.
Most prominent self ligating brackets industry trend is their efficiency and comfort during orthodontic treatment. This trend is expected to continue as more patients opt for this type of braces.
The global self ligating brackets market is expected to witness significant growth in the coming years due to the increasing demand for orthodontic treatments and advancements in dental technology.
One of the major challenges is the high cost associated with self-ligating brackets, which limits their adoption in developing countries. Additionally, the lack of skilled professionals to perform orthodontic treatments using self-ligating brackets also poses a challenge to market growth.
Mergers and acquisitions, product innovation, strategic partnerships, and geographic expansion are the major strategies adopted by key market players in self ligating brackets market.
*Insights on financial performance are subject to the availability of information in the public domain