The global orthodontic services market is expected to grow at a CAGR of more than 12% during the forecast period, 2017-2021.
Technavio has announced its latest market research report on the global orthodontic services market, under its orthopedics and medical devices portfolio. This market analysis discusses the major drivers and key emerging trends and offers an analysis of key vendors like Abano Healthcare Group, Coast Dental, Integrated Dental Holdings, and Q&M Dental Group.
According to Barath Palada, a lead analyst for orthopedics and medical devices research at Technavio, “Rapid development and improvement in living standards has led to an increase in the disposable income of people in both developed and developing countries, making high-quality oral treatment affordable for them. This is resulting in the increased demand for various medical products, including invisible customized orthodontic devices.”
Owing to steady and strategic economic growth, the countries such as Brazil, India, and China are recognized as emerging countries in the market. These countries are the leading providers of outsourced dental laboratories in the global orthodontic services market.
Click here to request a free sample of this report
Collaboration with the leading insurance providers to reduce the service cost
Leading players in the global orthondontic devices market are collaborating with leading insurance providers to aid in the reduction of dental service cost. Some of the leading dental insurance providers are eHealth, Delta Dental, MetLife, and Cigna. The joint venture between the dental care centers and insurance companies will generate better revenue for the dental healthcare, as it would encourage dental hygiene and regular assessments.
Usage of advanced robotic technology via dental imaging
The replacement of conventional technologies with advanced robotic technology for dental imaging is an upcoming trend in the global market for orthodontic services. Robotic technology aims at reducing the time consumed and pain caused by the treatment. Robotic technology in dentistry has been applied for inlays and onlays, crowns and bridges, and dental implants. The treatment aided with robotic technology has been conferred as painless treatment with several other added benefits such as speedy recovery, accuracy, and conservative tooth grinding.
This research report includes an in-depth analysis and market shares and sizes of the sub-segments and geography. An analysis of the key companies, including their market shares, business overview, key financials, etc. is provided in this study. This market study also provides a detailed analysis of key drivers, challenges, and opportunities influencing this market.
A more detailed analysis is available in the Technavio report titled, ‘Global Orthodontic Services Market 2017-2021’. Technavio also customizes reports by other regions and specific segments upon request.
Other related reports:
- Global Dental Fittings Market 2017-2021
- Global Dental Adhesives Market 2017-2021
- Global Dental Lasers Market 2017-2021
To read more press releases – click here
