The archwire market is witnessing growth due to rising cases of misaligned teeth, crooked teeth or jaws, tooth decay, periodontal disease, and technological advancements in orthodontic products. Furthermore, advancements in the procedures include fixed braces, removable braces, retainers, and adhesives-based products. For instance, according to the World Health Organization (WHO), malocclusion is one of the most important oral health problems, after caries and periodontal disease. Its prevalence is highly variable and is estimated to be between 39% and 93% in children and adolescents.
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According to UnivDatos Market Insights (UMI)’ research report “Global Archwire Market Analysis, 2021”, the archwire market is projected to grow at a CAGR of ~6% during 2021-27F. Deteriorating dental health coupled with the rising cost of treatment is one of the major reasons of concern across the globe owing to the advancement in medical technology. These factors are driving the worldwide demand for efficient treatment solutions augmenting the growth of the archwire market globally.
Based on the type, the market is segmented into nickel-titanium alloy, steel, and polymer materials. The nickel-titanium alloy segment is expected to witness significant growth in the archwire market. The good spring back and flexibility, which allows for large elastic deflections results in increased clinical efficiency of nitinol wires since fewer archwire changes or activations are required. These factors rises the demand for nickel-titanium alloy in the archwire market.
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Based on the end-users, the market is categorized into hospitals, dental clinics, and others. The hospital’s category is anticipated to witness a significant growth rate during the forecast period. A large number of dental procedures such as malocclusion and irregularities of the teeth are performed in the hospitals. In addition, the availability of specialized healthcare professionals and medical equipment along with the adoption of new technology are some reasons for the growth of this segment. For instance, In July 2020, Align Technology, Inc. announced the global launch of the Align Digital and Practice Transformation (ADAPT) service, which will further provide doctors with the tools and support they need to transition to a digital orthodontic practice using a clear aligner model.
North America to Grab Lion’s Share, and witnessed Explicit Growth
Based on the region, North America dominated the global archwire market in 2020. The region is projected to maintain its dominance during the forecasted period 2021-27 owing to the well-established market players and frequent product launches. North America is expected to skyrocket with a robust CAGR in the forecast period, as stated in UnivDatos Market Insights (UMI)’ research report “Global Archwire Market Analysis, 2021”.
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According to UnivDatos Market Insights (UMI)’, the key players with a considerable market share in the archwire market include are Henry Schein Inc. GC Corporation, Patterson Inc, 3M, Ultimate Wireforms Inc., American Orthodontic, Dentsply Inc., FORESTADENT Bernhard Förster GmbH, Dentaurum GmbH, and Ormco Co., among others. The players are focused on launching products for gaining customers' traction and expanding their geographical reach to get a competitive edge in the industry.
“Global Archwire Market Analysis, 2021” provides comprehensive qualitative and quantitative insights on the industry potential, key factors impacting sales and purchase decisions, hotspots, and opportunities available for archwire providers across the Globe. Moreover, the report also encompasses the key strategic imperatives for success for competitors along with strategic factorial indexing measuring competitors’ capabilities on 16 parameters. This will help companies in the formulation of go to Market Strategies and identifying the blue ocean for its offerings.
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Market Segmentation:
1. By Type (Nickel-Titanium Alloy, Steel, and Polymer Materials.)
2. By End-users (Physiotherapy Centers, Hospitals & Clinics, and Others)
3. By Region (North America, Europe, Asia-Pacific, Rest of the World)
4. By Company (Henry Schein Inc. GC Corporation, Patterson Inc., 3M, Ultimate Wireforms Inc., American Orthodontic, Dentsply Inc., FORESTADENT Bernhard Förster GmbH, Dentaurum GmbH, and Ormco Co.)
Key questions answered in the study:
1. What are the current and future trends in the archwire industry?
2. How the industry has been evolving in terms of type and end-users?
3. How the competition has been shaping across the countries followed by their comparative factorial indexing?
4. What are the key growth drivers and challenges for the archwire industry?
5. What is the customer orientation, purchase behavior, and expectations from the archwire firms across various regions?
Table of Content –
1 MARKET INTRODUCTION
2 RESEARCH METHODOLOGY OR ASSUMPTION
3 MARKET SYNOPSIS
4 EXECUTIVE SUMMARY
5 GLOBAL ARCHWIRE MARKET COVID-19 IMPACT
6 GLOBAL ARCHWIRE MARKET REVENUE, 2019-2027F
7 MARKET INSIGHTS BY TYPE
8 MARKET INSIGHTS BY END-USERS
9 MARKET INSIGHTS BY REGION
10 ARCHWIRE MARKET DYNAMICS
11 ARCHWIRE MARKET OPPORTUNITIES
12 ARCHWIRE MARKET TRENDS
13 LEGAL & REGULATORY FRAMEWORK
14 DEMAND AND SUPPLY-SIDE ANALYSIS
15 VALUE CHAIN ANALYSIS
16 COMPETITIVE SCENARIO
17 COMPANY PROFILED
18 DISCLAIMER
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