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U.Ok. Orthodontics Market to Register 18.4% CAGR and Hit USD 370.Three Million until 2027; Growing Variety of Orthodontic Procedures within the U.Ok. to Stoke Market Development: Fortune Enterprise Insights™

U.K. Orthodontics Market to Register 18.4% CAGR and Hit USD 370.3 Million till 2027; Increasing Number of Orthodontic Procedures in the U.K. to Stoke Market Growth: Fortune Business Insights™

Pune, India, March 24, 2021 (GLOBE NEWSWIRE) – The “UK Orthodontics Market” is expected to be reached $ 370.3 million until 2027 with a CAGR of 18.4% during the forecast period. Fortune Business Insights ™ shares this information in his report entitled “UK Orthodontics Market, 2020-2027”. The value of the market was according to the report $ 148.7 million in 2019.

The prevalence of oral health-related diseases is increasing rapidly among the young population in the UK. According to the British Orthodontic Society (BOS), over 200,000 children and adolescents in England are treated by the NHS each year.

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Market segmentation

Delivery segment to hold the leading share

The market is segmented by product and end user. On a product-based basis, the market segments include instruments and accessories. The utility segment held the leading market share in 2019, while the instrument segment grew steadily, securing a total share of 2.3%.

Click here for the short term and long term impact of COVID-19 on this market.

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What does the report offer?

The report provides a detailed analysis of the key aspects of the market namely dominating companies, end-users, and leading product types. In addition, the report provides specific insights into current and upcoming market trends and highlights important industry developments. In addition to these factors, the report provides a holistic understanding of the key drivers, restraints, and segments that are contributing to the growth of the market.

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Driving factors

Rising prevalence of malocclusions and other dental diseases to fuel growth

It is projected that increasing cases of orthodontic surgery due to a large population in the country suffering from misalignments and other dental conditions will fuel the growth of the UK orthodontics market. For example, according to the World Health Organization (WHO), malocclusions are becoming the third most common oral health problem, followed by dental caries and periodontal disease. In addition, the country’s dental companies are actively investing in research and development of innovative, less painful products. This will continue to drive demand for orthodontics over the forecast period.

Retention factors

  • It is predicted that the high costs associated with malocclusion treatment combined with adverse effects such as discoloration or broken teeth due to its prolonged use will inhibit market growth.
  • The coronavirus outbreak has had a negative impact on the UK orthodontics market. Researchers at Imperial College London and King’s College London mentioned in their study that oral treatments can greatly increase the risk of COVID-19 transmission in patients. According to our analysis, the market will show a huge decline of -31.1% in 2020 due to the pandemic.

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Competitive landscape

Acquiring tech-savvy companies to help key players increase their presence

Leading players in the UK orthodontics market are pursuing inorganic strategies such as acquiring technology-driven companies to strengthen their market positions. In July 2020, the Institut Straumann AG signed a partnership agreement with DrSmile, a leading provider of orthodontic treatment solutions in Europe. This will help the company to strengthen its position in the European market.

Industry developments:

  • In January 2021Dentsply Sirona announced the acquisition of Byte, a manufacturer of clear aligners in the UK, to expand its product offerings and consolidate its position in this market.
  • In April 2020 Align Technology, Inc. has signed an acquisition agreement with exocad Global Holdings GmbH, a Germany-based CAD / CAM software developer. This will help the former company bring state-of-the-art orthodontic products to market.

List of Key Companies Covered In This Market Report:

• Institute Straumann AG (Basel, Switzerland)

• Dentsply Sirona (Pennsylvania, USA)

• 3M (Minnesota, USA)

• Align Technology, Inc. (San Jose, USA)

• Henry Schein, Inc. (New York, United States)

• Ormco Corporation (California, USA)

• TP Orthodontics, Inc. (Indiana, USA)

• DB Orthodontics (Silsden, United Kingdom)

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contents

    • Scope of research
    • Market segmentation
    • Research methodology
    • Definitions and Assumptions
  • Summary
  • Market dynamics
    • Market leader
    • Market restrictions
    • Market opportunities
    • Prevalence of major dental disorders in the UK, 2020
    • Overview of the number of orthodontic cases per year in the UK
    • Introduction of new products by major players
    • Important industry trends
    • Major Industry Developments – Mergers, Acquisitions, and Partnerships
    • Effects of COVID-19 on the market
  • K. Orthodontics Market Analysis, Insights, and Forecasts, 2016-2027
    • Main results / summary
    • Market analysis, insights and forecasts – by product type
      • Instruments
      • Deliveries
      • Firmly
        • Brackets
        • Ligaments and buccal tubes
        • Arch wires
        • Other
    • Detachable
      • Market Analysis, Insights, and Forecasts – By End User

ToC Next …

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