The global dental orthodontic wax market is poised for significant growth, with an estimated value of USD 900 million in 2022. According to the latest report from Future Market Insights (FMI), overall sales are projected to increase by USD 1.3 billion, bringing the market value to over USD 2 billion by 2032. This growth is expected to occur at a steady compound annual growth rate (CAGR) of 4.5% during the forecast period from 2022 to 2032.
Key factors driving this market expansion include the rising incidence of malocclusion (improper alignment of teeth and jaws), an increasing demand for affordable orthodontic treatments, and the growing preference for non-invasive solutions to improve dental health and aesthetics.
Orthodontic wax plays a crucial role in providing comfort to patients undergoing dental treatments, particularly for those using braces, as it helps prevent irritation and soreness caused by brackets and wires. The cost-effective nature of orthodontic wax has made it a popular choice for consumers, contributing to its growing adoption in dental practices globally.
Market Drivers:
- Rising Cases of Malocclusion: As awareness about dental health increases, more patients are seeking orthodontic treatments to correct misaligned teeth. This has led to an increased demand for orthodontic wax as part of the treatment process.
- Affordable Orthodontic Solutions: With more patients looking for cost-effective dental solutions, orthodontic wax provides an accessible and affordable option, particularly for those undergoing long-term treatments like braces.
As the dental care industry continues to evolve, orthodontic wax will remain a key product in ensuring patient comfort, contributing to the robust market outlook over the next decade.
Global Dental Orthodontic Wax Industry: Segmentation
Valuable information covered in FMI’s Global Dental Orthodontic Wax Industry report has been segregated into key segments and sub-segments.
By Wax Pattern
- Pattern waxes
- Inlay wax
- Resin wax
- Casting wax
- Base plate wax
- Impression waxes
- Corrective wax
- Biteplate wax
- Soft impression wax
- Disclosing wax
- Processing waxes
- Boxing wax
- Beading wax
- Sticky wax
- Utility wax
By Source
- Natural dental orthodontic wax
- Synthetic dental orthodontic wax
- Segmentation by End User
- Hospitals
- Dental Clinics
Global Dental Orthodontic Wax Industry: Competition Analysis
The FMI’s study presents a comprehensive analysis of global, regional, and country-level players active in the Global Dental Orthodontic Wax Industry. Competitive information detailed in the Dental Orthodontic Wax market report has been based on innovative product launches, distribution channels, local networks, industrial penetration, production methods, and revenue generation of each market player. Furthermore, growth strategies and mergers & acquisitions (M&A) activities associated with the players are enclosed in the Global Dental Orthodontic Wax Industry report.
Key players covered in the report include:
- Kerr Corporation,
- C.J. Robinson Company, Inc.,
- DWS Systems,
- Carmel Industries,
- Bracon Dental,
- Bilkim Ltd. Co.,
- Pyrex Polymers,
- Metrodent Ltd,
- Solstice T&I,
- Bracon Dental.
Important Questions Answered in the Global Dental Orthodontic Wax Industry Report
- Which end-user remains the top revenue contributor in different regional markets?
- At what rate has the Global Dental Orthodontic Wax Industry been expanding during the forecast period?
- How will the Global Dental Orthodontic Wax Industry look like by the end of the forecast period?
- What innovative strategies are adopted by Dental Orthodontic Wax market players to stay ahead of the pack?
- What are the restraints affecting the growth of the Global Dental Orthodontic Wax Industry?
Key Offerings of the Report
- Growth Drivers and Opportunities: Comprehensive analysis on growth-driving factors and opportunities for market players in different regional markets
- Recent Trends and Forecasts: Detailed assessment on the latest trends, technological developments, and forecasts for a 5-year or 10-year period.
- Segmental Analysis: Extensive analysis on each segment and factors differentiating the role of these segments in market revenue forecasts and growth rate analysis
- Regional Market Forecast: Thorough analysis of each regional market to arm stakeholders with necessary information to take critical decisions
- Competitive Landscape: All-inclusive insights on both leading and emerging players vying for a slice of the Dental Orthodontic Wax market
Author
Sabyasachi Ghosh (Associate Vice President at Future Market Insights, Inc.) holds over 12 years of experience in the Healthcare, Medical Devices, and Pharmaceutical industries. His curious and analytical nature helped him shape his career as a researcher.
Identifying key challenges clients face and devising robust, hypothesis-based solutions to empower them with strategic decision-making capabilities come naturally to him. His primary expertise lies in Market Entry and Expansion Strategy, Feasibility Studies, Competitive Intelligence, and Strategic Transformation.
Holding a degree in Microbiology, Sabyasachi has authored numerous publications and has been cited in journals, including The Journal of mHealth, ITN Online, and Spinal Surgery News.
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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