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$3.3 Billion Worldwide Dental Braces Industry to 2027 - Impact of COVID-19 on the Market

Dublin, March 29, 2021 (GLOBE NEWSWIRE) -- The "Dental Braces - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.

Amid the COVID-19 crisis, the global market for Dental Braces estimated at US$ 3.3 Billion in the year 2020, is projected to reach a revised size of US$ 5.2 Billion by 2027, growing at a CAGR of 6.7% over the period 2020-2027.

Fixed Dental Braces, one of the segments analyzed in the report, is projected to record 6.4% CAGR and reach US$ 3.1 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Removable Dental Braces segment is readjusted to a revised 7.3% CAGR for the next 7-year period.

The U.S. Market is Estimated at $892.5 Million, While China is Forecast to Grow at 10.2% CAGR

The Dental Braces market in the U.S. is estimated at US$ 892.5 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$ 1.1 Billion by the year 2027 trailing a CAGR of 10.2% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.7% and 6% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 4.3% CAGR.

Select Competitors (Total 36 Featured):

  • 3M Unitek

  • American Orthodontics

  • Dental Morelli

  • Dentaurum

  • Dentsply

  • Forestadent

  • GC Orthodontics

  • Hangzhou Shinye

  • Hangzhou Xingchen 3B Dental

  • Henry Schein

  • Ormco

  • Patterson Dental

  • ShanghaiIMD

  • Yahong;

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

  • Influencer Market Insights

  • World Market Trajectories

  • Impact of Covid-19 and a Looming Global Recession

  • Global Competitor Market Shares

  • Dental Braces Competitor Market Share Scenario Worldwide (in %): 2020E

  • Global Competitor Market Shares by Segment

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2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

  • Total Companies Profiled: 36

For more information about this report visit https://www.researchandmarkets.com/r/5otq4u

CONTACT: CONTACT: ResearchAndMarkets.com Laura Wood, Senior Press Manager press@researchandmarkets.com For E.S.T Office Hours Call 1-917-300-0470 For U.S./CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900