Orthodontic Retainers Market by Product Type (Metal, Ceramics, Polymer Material, and Others) and by End-User (Adult, Teen, and Kids): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2017 – 2024

Global orthodontic retainer market expected to reach approximately USD 388 million by 2024, growing at a CAGR of around 13.12% between 2018 and 2024. The global orthodontic retainers market is expected to witness an excellent rate of growth in the forecast time period, due to the increasing number of dentists across the world.

13-Dec-2018 | Number of pages: 110 | Report Code: ZMR-3633 | Report Format : | Status : Published

Analysis

An orthodontic retainer is a kind of customized device usually made by metal wires and plastic. They help in alignment of teeth in proper position after treatment. Retainers are available in two types—fixed and removable. Most commonly used retainers are Hawley Retainer. Hawley retainers consist of metal wires that help in keeping the teeth in proper aligned place.

Globally, the orthodontic retainers market is likely to witness an accelerated rate of growth due to the thriving cosmetic industry. Moreover, the huge presence of increasing numbers of dentist globally is considered to be the key growth driver in the orthodontic retainers market. Furthermore, the increasing awareness among the new generation about the various benefits of the product is also likely to fuel the orthodontic retainers market in the future. However, the high product cost and unfavorable reimbursement policies might hinder the orthodontic retainers market. Nonetheless, innovation and development in the field of dentistry might create growth opportunities in the market in the forecast time period.

Global Orthodontic Retainers Market

Based on product type, the global orthodontic retainers market is segmented into metal, ceramic, a polymer material, and others. Metal orthodontic retainers are the most preferred products by the dentists due to their cost-effectiveness and efficacy. This product segment also accounted for the largest market share in terms of revenue in the year 2017. On the basis of end-user, the orthodontic retainers market is segmented into adult, teens, and kids. Teens accounted for the largest market share in terms of revenue in 2017, due to the increasing product awareness among the population on a global scale.

Based on region, the global orthodontic retainers market is split into North America, Asia Pacific, Europe, Latin America, and the Middle East and Africa. In terms of revenue, the North American region is expected to account for the largest share of the global orthodontic retainers market in the forecast time period. Europe accounted for the second largest market share in 2017. The Asia Pacific is likely to grow at the fastest rate of growth in the upcoming years. Developing economies, such as China and India, are major markets in this region. In addition, the region’s increasing healthcare expenditure is expected to create huge growth opportunities in the orthodontic retainers market.

Some of the key participants operating in the global orthodontic retainers market include DENLAB, Protec Dental, Ormco, Dentsply, 3M Unitek, and Henry Schein, among others.


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