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With 19.1% CAGR, Orthodontics Market Size to Surpass USD 26.35 billion by 2029

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Pune, India, Feb. 02, 2023 (GLOBE NEWSWIRE) — The global orthodontics market size was gauged at USD 6.73 billion in 2021. The market is projected to grow from USD 7.77 billion in 2022 to USD 26.35 billion by 2029, exhibiting a CAGR of 19.1% during the 2022-2029 period.

Orthodontics involves the correction and prevention of misaligned teeth and incorrect jaw positioning. Aesthetics and function are the leading reasons to seek orthodontic treatment. The growing prevalence of dental disorders such as malocclusion, crooked teeth, cross-bite, and bite problems coupled with rising awareness regarding the importance of dental care will aid market expansion in the coming years.

This information is provided by Fortune Business Insights, in its report titled, “Orthodontics Market, 2022-2029.”

Industry Development:

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March 2022- Dentsply Sirona partnered with Dental Medical Ireland (DMI), an Irish distributor, to boost the sales of SureSmile clear aligners.

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Report Scope & Segmentation

Report Coverage Details
Forecast Period 2022 to 2029
Forecast Period 2022 to 2029 CAGR 19.1%
2029 Value Projection USD 26.35 billion
Base Year 2021
Market Size in 2021 USD 6.73 billion
Historical Data 2018 to 2020
No. of Pages 215

Key Takeaways from the Orthodontics Market:

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  • The increasing adoption of digital tools such as Machine Learning (ML) and Artificial Intelligence (AI) for treatment is one of the trends emerging in the market.
  • The rising prevalence of dental malocclusions worldwide is one of the primary reasons for market expansion.
  • The North America market generated a revenue of USD 3.19 billion in 2021
  • Align Technology, Inc. accounted for significant global orthodontics market share.

DRIVING FACTOR:

Increasing Adoption of Machine Learning and Artificial Intelligence Technologies to Aid Market Expansion

The rising adoption of artificial intelligence and machine learning technologies will facilitate the global orthodontics market growth in the upcoming years. Artificial intelligence has undergone substantial developments recently and its application will result in increased efficiency in the domain. The application of artificial intelligence in 3D printing will propel the market even further. The adoption of artificial intelligence and machine learning in manufacturing and customizing clear aligners has been enabling healthcare professionals to practice greater efficiency in treatment planning and outcomes.

On the other hand, high costs and side effects associated with treatment such as severe pain, allergic reactions, or soft tissue injuries will pose as challenges for businesses operating in this domain.

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Segments:

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Supplies Segment to Dominate Backed by Growing Demand for Clear Aligners

Based on product type, the market is bifurcated into instruments and supplies. Among these, the supplies segment accounted for the significant market share in 2021, owing to surging demand for clear aligners and launch of advanced clear aligners by leading companies.

Dentist & Orthodontist Owned Practices Segment to Lead Stoked by Rising Number of Dental Clinics

As per end-user, the market is split into dentist & orthodontist owned practices and others. Among these, the dentist & orthodontist owned practices segment captured the largest market share in 2021 due to rising number of patients, a growing number of dental clinics worldwide, and surge in product demand.

Geographically, the market is segregated into North America, Europe, Asia Pacific, and Rest of the World.

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REGIONAL INSIGHTS:

North America to Hold Dominant Share Owing to Rising Prevalence of Dental Disorders

North America dominated the global market in 2021 reaching a valuation of USD 3.19 billion due to rise in the number of adults opting for braces, clear aligners, and other treatments. Growing prevalence of dental disorders and increasing awareness regarding importance of dental care are the factors contributing to market proliferation in this region.

Europe held the second largest share in the global market in 2021 and will record moderate growth in the upcoming years due to increasing focus on dental treatment, better healthcare facilities, and availability of efficient and technologically advanced products.

Meanwhile, the Asia Pacific market is projected to expand rapidly in the coming years while recording the highest CAGR among all regional markets. The rising number of dental clinics & multispecialty hospitals and growing availability of product supplies in economies such as Australia, China, and India will contribute to market growth in this region.

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COMPETITIVE LANDSCAPE:

Leading Players Focusing on Enhancing Product Offerings to Hold Major Market Share

Industry leaders such as Ormco Corporation, Align Technology Inc., and Institut Straumann AG are focusing on expanding their product portfolio by participating in collaborations, mergers & acquisitions, or research & development activities. For example, in June 2021, Align Technology Inc. unveiled the iTero workflow 2.0 software with advanced features such as enhanced visualization, improved patient communication tools, and faster scanning abilities.

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The Report Lists the Key Companies in the Orthodontics Market:

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  • Dentsply Sirona (U.S.)
  • AMERICAN ORTHODONTICS (U.S.)
  • Institut Straumann AG (Switzerland)
  • Align Technology, Inc. (U.S.)
  • 3M (U.S.)
  • Henry Schein, Inc. (U.S.)
  • DB Orthodontics (U.S.)
  • ENVISTA HOLDINGS CORPORATION (U.S.)
  • Angelalign Technology Inc. (China)
  • TP Orthodontics, Inc. (U.S.)

Some major points from Table of Content:

  • Introduction
    • Research Scope
    • Market Segmentation
    • Research Methodology
    • Definitions and Assumptions
  • Executive Summary
  • Market Dynamics
    • Market Drivers
    • Market Restraints
    • Market Opportunities
    • Market Trends
  • Key Insights
    • Prevalence of Malocclusion (in billions) – by Key Countries (2021)
    • Estimated Number of Orthodontists – Key Countries (2020)
    • Pricing Analysis
    • Technological Developments
    • Key Industry Developments (Mergers, Acquisitions, Partnerships, etc.)
    • Impact of COVID-19 on the Market
  • Global Orthodontics Market Analysis, Insights and Forecast, 2018-2029
    • Market Analysis, Insights and Forecast – By Product Type
      •  Instruments
      •  Supplies
        • Fixed
          • Brackets
          •  Bands & Buccal Tubes
          •  Archwires 
          •  Others
        •  Removables
          • Aligners
          • Retainers
          • Others
    • Market Analysis, Insights and Forecast – By End-user
      •  Dentist & Orthodontist Owned Practices
      •  Others
    • Market Analysis, Insights and Forecast – By Region
      •  North America
      •  Europe
      •  Asia Pacific
      •  Rest of the World
  • North America Orthodontics Market Analysis, Insights and Forecast, 2018-2029
    • Market Analysis, Insights and Forecast – By Product Type
      •  Instruments
      •  Supplies
        • Fixed
          • Brackets
          •  Bands & Buccal Tubes
          •  Archwires 
          •  Others
        •  Removables
          • Aligners
          • Retainers
          • Others
    • Market Analysis, Insights and Forecast – By End-user
      •  Dentist & Orthodontist Owned Practices
      •  Others
    • Market Analysis, Insights and Forecast – By Country
      •  U.S.
      •  Canada
  • Europe Orthodontics Market Analysis, Insights and Forecast, 2018-2029
    • Market Analysis, Insights and Forecast – By Product Type
      •  Instruments
      •  Supplies
        • Fixed
          • Brackets
          •  Bands & Buccal Tubes
          •  Archwires 
          •  Others
        •  Removables
          • Aligners
          • Retainers
          • Others
    • Market Analysis, Insights and Forecast – By End-user
      •  Dentist & Orthodontist Owned Practices
      •  Others
    • Market Analysis, Insights and Forecast – By Country/Sub-region
      •  U.K.
      •  Germany
      •  France
      •  Spain
      •  Italy
      •  Scandinavia
      •  Rest of Europe

TOC Continued……………….

Have Any Query? Ask Our Experts: https://www.fortunebusinessinsights.com/enquiry/speak-to-analyst/orthodontics-market-101587

Related Links:

Clear Aligners Market Size, Share, Growth Industry Report, 2022-2029

Invisible Orthodontics Market Share, Size, Demand and Forecast 2023-203

U.S. Orthodontics Market Size, Share, Growth Industry Report, 2022-2029

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Dental Adhesive Market Share, Size, Demand and Forecast 2023-2030

Dental Equipment Market Share, Size, Demand and Forecast 2020-2027

About Us:

Fortune Business Insights™ delivers accurate data and innovative corporate analysis, helping organizations of all sizes make appropriate decisions. We tailor novel solutions for our clients, assisting them to address various challenges distinct to their businesses. Our aim is to empower them with holistic market intelligence, providing a granular overview of the market they are operating in.

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Complyport’s new AI tool – ViCA.Chat – set to revolutionise compliance support services

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LONDON, June 14, 2024 /PRNewswire/ — ViCA.Chat, the Virtual Compliance Assistant powered by AI technology, is set to transform regulatory compliance consulting. Developed by ComplyMAP Group’s AI engineers and Complyport’s compliance consulting teams, ViCA redefines compliance support services and propels governance, risk and compliance consulting into a new era of innovation. 

Offering real-time assistance across a vast array of UK and EU regulatory frameworks, ViCA delivers unparalleled efficiency, detail and precision in disentangling and dealing with complicated regulatory frameworks.
The key differentiator of ViCA is its specialised and purposely constructed unique databases that leverage Complyport’s 22 years of regulatory expertise, combined with tailored AI training tools, enabling ViCA to operate as an experienced compliance consultant. A dedicated human support team continuously improves and updates ViCA’s knowledge and responses through a feedback loop process and quality assurance sessions. This powerful symbiosis of AI and human expertise sets ViCA apart and ensures businesses have the latest regulatory information instantaneously and seamlessly.
As a result, ViCA’s specialised regulatory database goes beyond readily available online resources which feature into traditional AI tools. ViCA offers exclusive insights, proprietary regulatory interpretations, historical data, bespoke and purposely structured compliance documentation and templates. With advanced scraping capabilities, ViCA also extracts relevant data from selected websites and publicly available information, ensuring an up-to-date and comprehensive understanding of compliance requirements across industries.
From agile fintech startups to established law firms, financial institutions, regulatory bodies, insurance providers, as well as compliance consultants, ViCA seamlessly adapts to unique compliance needs. Its user-friendly interface ensures navigating and analysing regulatory data is swift and intuitive, streamlining the compliance workflow.
“ViCA is a game-changer in how regulatory compliance advice will be provided in the future”, commented Luis Parra, Managing Director of ViCA. “With ViCA, compliance insights become available to all. No longer are regulated firms and responsible people overly dependent on advisors and compliance consultants. Through ViCA, the financial system will not only meet but exceed regulatory standards. Moreover, the level of information made available to the public will benefit society as a whole, in its interactions with the financial services sector.”
Among ViCA’s revolutionary features is its cost-effective model, allowing businesses to significantly reduce reliance on traditional spending with external consultants and advisors.
Visit ViCA.Chat to experience the future of compliance support.
Contact:
Name: Luis ParraTitle: Managing DirectorCompany: Vica.ChatTelephone: +44 20 7399 4980 Email: [email protected]
About ViCA.Chat:
ViCA.Chat is a revolutionary Virtual Compliance Assistant powered by cutting-edge AI technology, designed to demystify the complexities of regulatory compliance. Utilising Complyport’s 22 years of regulatory expertise, ViCA offers real-time assistance and guidance across a wide range of regulatory frameworks, setting a new standard for efficiency and precision in compliance support. From fintech start-ups to established law firms, financial services institutions, regulators, regulatory firms, compliance consultants and insurance firms, ViCA caters to the diverse needs of professionals across all levels in the broader UK financial services sector.
Visit ViCA.Chat to learn more.
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LoRa and LoRaWAN IoT Market worth $32.7 billion by 2029- Exclusive Report by MarketsandMarkets™

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CHICAGO, June 14, 2024 /PRNewswire/ — The LoRa and LoRaWAN IoT Market is expected to reach USD 32.7 billion by 2029 from USD 8.0 billion in 2024, at a Compound Annual Growth Rate (CAGR) of 32.4 % during 2024–2029, according to a new report by MarketsandMarkets™.

Browse in-depth TOC on “LoRa and LoRaWAN IoT Market”
320 – Tables 58 – Figures294 – Pages
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Scope of the Report
Report Metrics
Details
Market size available for years
2018-2029
Base year considered
2023
Forecast period
2024–2029
Forecast units
Value (USD Billion)
Segments Covered
Offering, Network Deployment, Application, End User, and Region
Region covered
North America, Europe, Asia Pacific, Middle East & Africa, and Latin America.
List of Companies in LoRa and LoRaWAN IoT
The Bosch Group (Germany),  Cisco (US), Orange SA (France), Comcast Corporation (US), Semtech (US), NEC Corporation(Japan), Tata Communications (India), AWS (US), Advantech (Taiwan), SK Telecom (South Korea), Murata (Japan), Kerlink (France), Actility (France), Digi International (US), MultiTech (US), Ezurio (US), Sensoterra (Netherlands), Nwave Technologies (US), RAKwireless (China), TheThings.io (Spain), Datacake (Germany), Milesight (China), LORIOT (Switzerland), Exosite (US), Orbiwise (Switzerland), Netmore Group (Sweden), and Radio Bridge Inc (US).
The LoRaWAN ecosystem influences development of tools, software libraries, and cloud-based platforms that streamline the creation, deployment, and management of IoT solutions. Continuously evolving, this ecosystem boasts a burgeoning array of vendors providing LoRa-compliant devices, gateways, and network management solutions. This vibrant competition within the ecosystem propels innovation while driving down costs for end-users. Moreover, the development of interoperable solutions fosters seamless integration and deployment of LoRaWAN networks, simplifying the implementation process for businesses and organizations. As the ecosystem continues to expand and mature, it empowers developers, system integrators, and IoT enthusiasts to unleash their creativity, accelerate time-to-market, and unlock the full potential of LoRaWAN technology in diverse applications and industries.
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Based on network deployment, the public network segment to hold the largest market size during the forecast period.
The robust security features integrated into public LoRaWAN networks play a significant role in driving the growth and adoption of LoRaWAN technology in the market. End-to-end encryption ensures that data transmitted between devices and gateways is protected from unauthorized access or interception, safeguarding sensitive information such as sensor readings, location data, and command messages. Message integrity checks verify the integrity of data packets, detecting any tampering or alteration during transmission and ensuring data authenticity and reliability. Additionally, mutual authentication mechanisms establish trust between devices and gateways, verifying the identity of both parties before allowing communication to occur. These security measures provide organizations and end-users with confidence in the integrity and confidentiality of their data, mitigating concerns related to data privacy, cybersecurity threats, and regulatory compliance. As a result, implementing robust security features in public LoRaWAN networks enhances trust and credibility in the technology, driving increased adoption and market growth as organizations seek reliable and secure connectivity solutions for their IoT deployments.
By offering, the services segment is expected to hold a higher growth rate during the forecast period.
IoT service providers are pivotal in driving adoption by developing vertical-specific solutions finely tuned to the distinct needs of industries like agriculture, healthcare, logistics, and smart cities. In agriculture, for instance, IoT services offer solutions for precision farming, crop monitoring, and livestock management, enabling farmers to optimize irrigation, monitor soil health, and enhance yields. Similarly, IoT services facilitate remote patient monitoring, asset tracking, and inventory management in healthcare, improving patient care, reducing costs, and ensuring compliance with regulatory standards such as HIPAA. In logistics, IoT services provide real-time tracking of shipments, fleet management, and predictive maintenance, enhancing supply chain visibility, efficiency, and reliability. For smart cities, IoT services offer solutions for traffic management, waste management, energy optimization, and public safety, transforming urban infrastructure and enhancing the quality of life for residents. By addressing industry-specific challenges, compliance requirements, and use cases, vertical-specific IoT solutions deliver tangible business value, driving adoption and fueling the growth of the IoT services market across diverse sectors.
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Asia Pacific is expected to hold a higher growth rate during the forecast period.
In the Asia Pacific region, where agriculture serves as a cornerstone of many economies, adopting IoT technologies, particularly LoRa and LoRaWAN, is revolutionizing traditional farming practices. LoRaWAN’s long-range connectivity and low-power consumption make it well-suited for deployment in rural agricultural settings, where access to reliable connectivity may be limited. Through LoRa-based IoT solutions, farmers can implement precision agriculture techniques to address pressing challenges such as water scarcity, soil degradation, and unpredictable weather patterns. LoRa-enabled sensors facilitate real-time monitoring of soil moisture levels, temperature, and humidity, allowing farmers to optimize irrigation schedules and conserve water resources. Remote sensing technologies powered by LoRaWAN enable farmers to gather actionable insights on crop health, pest infestations, and nutrient deficiencies, facilitating timely interventions and improving overall crop management practices. Furthermore, LoRa-based crop analytics platforms provide farmers with data-driven decision support tools, helping them optimize planting strategies, improve yield forecasting, and mitigate the impact of climate change on agricultural productivity. By harnessing the power of LoRa and LoRaWAN IoT solutions, farmers in the Asia Pacific region can increase yields, conserve resources, and enhance resilience to environmental challenges, driving the adoption and growth of the LoRaWAN IoT market in the agricultural sector.
Top Key Companies in LoRa and LoRaWAN IoT Market:
The major vendors covered in the LoRa and LoRaWAN IoT Market are The Bosch Group (Germany),  Cisco (US), Orange SA (France), Comcast Corporation (US), Semtech (US), NEC Corporation(Japan), Tata Communications (India), AWS (US), Advantech (Taiwan), SK Telecom (South Korea), Murata (Japan), Kerlink (France), Actility (France), Digi International (US), MultiTech (US), Ezurio (US), Sensoterra (Netherlands), Nwave Technologies (US), RAKwireless (China), TheThings.io (Spain), Datacake (Germany), Milesight (China), LORIOT (Switzerland), Exosite (US), Orbiwise (Switzerland), Netmore Group (Sweden), and Radio Bridge Inc (US). These players have adopted various growth strategies, such as partnerships, agreements and collaborations, new product launches, enhancements, and acquisitions to expand their footprint in the LoRa and LoRaWAN IoT Market.
Browse Adjacent Markets: Digitalization and Internet of Things (IoT) Market Research Reports & Consulting
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Get access to the latest updates on LoRa and LoRaWAN IoT Companies and LoRa and LoRaWAN IoT Industry
About MarketsandMarkets™
MarketsandMarkets™ has been recognized as one of America’s best management consulting firms by Forbes, as per their recent report.
MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.
Earlier this year, we made a formal transformation into one of America’s best management consulting firms as per a survey conducted by Forbes.
The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.
Built on the ‘GIVE Growth’ principle, we work with several Forbes Global 2000 B2B companies – helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.
To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook.
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Scoring a Seat at UEFA EURO 2024™ with Top-Performing AI-Powered TOSHIBA TV Lineup

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HONG KONG, June 14, 2024 /PRNewswire/ — Football fans are in for a treat as they gear up for UEFA EURO 2024™ with Toshiba TV’s top-performing Gaming TV Z670. As the OFFICIAL TV OF UEFA EURO 2024™, Toshiba TVs present immersive viewing of the football game by their AI-powered TV lineup. To celebrate the brilliant moments it can bring, Toshiba TV are gifting USD100 Amazon Gift Card via their social platform! By simply like, follow and comment on @ToshibaTVGlobal, fans can boost their chances of scoring this prize.

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Powerful Audio Effects for a Live Stadium Experience
The Toshiba TV Z670’s powerful audio system makes viewers feel like they’re right in the game. With the REGZA Bass Woofer Pro, Tru Bass Booster, and Dolby Atmos, they’ll experience heart-thumping 3D surround sound that captures the live stadium atmosphere. Whether it’s the roar of the crowd or the intensity of each play, the rich audio brings the excitement of each game right into their room.
Bringing Everyone Together for UEFA EURO 2024™
Available in sizes ranging from 55″ to 85″, Z670 is equipped with a Wide Viewing Angle and Anti-reflection features that ensures a clear picture from all viewing positions with the non-glare panel. Gather everyone for “Brilliant Every Moment” in UEFA EURO 2024™ with Toshiba TV!
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About Toshiba TV:
With 70+ years of history in TV production, Toshiba TV is known for its exquisite craftsmanship, innovative ideas and groundbreaking inventions. By prioritizing superior image quality and auditory experiences, Toshiba TV sets new standards in entertainment. Toshiba TV stems from the excellence quest of customers, providing the world with responsible products to make the world a better place. Emphasizing attention to product details and technological advancement, Toshiba TV integrates aesthetically pleasing design, quality assurance, and brand reputation to underscore its commitment to authenticity in the actual world and a sincere dedication to its consumers, showcasing Toshiba TV’s long-standing design philosophy and continuous pursuit of product quality.
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