Global orthodontic and orthopaedic market projected to rise at 9% CAGR until 2028
Removable devices are expected to dominate the market by 2028.
The global orthodontic and orthopaedic market is projected to grow at a compound annual growth rate (CAGR) of 9.2% from $18.9b in 2023 to $29.38b by the end of 2028, according to a study by BCC Research.
The removable device segment, including aligners, headgear, lip and cheek bumpers, and palatal expanders, is expected to dominate the market by 2028.
Meanwhile, a primary factor for the market’s growth is the rapid advancement in dental technology, including digital pictures, computer designs for dental products, 3D printing, special mouth cameras, and lasers.
ALSO READ: Japan's insulin pen market sees 3% CAGR growth
According to BCC, These advancements make dental visits easier, more accurate, and more comfortable for patients and dentists.
The report also attributed the market’s growth to the rise in the geriatric population and related orthodontic surgery, increasing demand for dental care, and the growing popularity of dental tourism.