Major players of the Invisible orthodontics Market are facing hurdles keeping their production facilities operational due to the paucity of adequate personnel and resources amidst the COVID-19 (Coronavirus) outbreak. Get a first-hand peek into the key drivers and threats to the Invisible orthodontics Market to make your company future-ready post the pandemic. Avail our market reports at unbelievable prices to capitalize on opportunities.
Invisible Orthodontics Market Scope
The global invisible orthodontics market is set to expand at a 13.99% CAGR over the forecast period. It stood at a value of USD 2,598.8 million in 2018. The market is set for an explosive growth owing to developments in cosmetic dentistry, changing social attitudes of people, and rise in disposable income levels. Huge prevalence of dental caries in Brazil is a prime instance of the need for invisible orthodontics.
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Government support for dentist-friendly policies, government awareness campaigns, and customers obsessed with oral health can influence the market growth significantly.
Invisible Orthodontics Market Segmentation
The global invisible orthodontics market is segmented by product type, age group, and application.
By product type, it is segmented into clear retainers, clear aligners, and braces. Clear aligners are further segmented into soft, hard, and medium. Among them, the clear aligners segment held the lion’s share in 2018 and will continue to dominate due to launch of similar products by key companies. On the other hand, braces are predicted to exhibit a robust growth rate during the forecast period due to awareness campaigns of key companies.
By age group, it is segmented into above 35, 16-35, and below 15. The 16-35 segment is pegged to grow at an accelerated pace owing to majority of customers belonging to this demographic. Rising cases of dental disorders and change in lifestyles can influence the segment growth in the global invisible orthodontics market. However, the above 35 and below 15 segments can generate significant revenue during the forecast period.
By application, it is segmented into malocclusion, abnormal eruptions, excessive spacing, crowding, and others. ‘Others’ comprise overjets, underbites, and others. Excessive spacing had held a large market share in 2018 due to awareness of spacing and corrective measures taken by patients to prevent further proper functioning. On the flip side, malocclusion can generate revenue the fastest owing to increasing cases of openbites and crossbites.
Invisible Orthodontics Market Regional Analysis
Geographically, the global market is segmented into the Americas, Europe, Asia Pacific (APAC), and the Middle East & Africa (MEA).
Americas was the largest regional market in 2018, due to constant acquisitions and mergers among prominent players in countries in the Americas. For instance, in March 2018, Dentsply Sirona announced the acquisition of OraMetrix. This can extend its product offerings and expand its reach in the global invisible orthodontics market.
Europe held the second largest share owing to increasing support from regulatory authorities and a wide connected distributor network. On the other hand, APAC is anticipated to be the fastest-growing region in the global invisible orthodontics market. Direct marketing initiatives and joint ventures by key players are contributing to the growth of the market. For instance, in January 2019, Institut Straumann AG entered into a strategic partnership with Tianjin ZhengLi Technology Company Limited. Institut Straumann AG, as a result, obtained distribution rights in China for its clear aligners and expand its footprint.
Invisible Orthodontics Market Competition Outlook
Danaher Corporation, Dentsply Sirona, Henry Schein, Inc., Align Technology, Inc., 3M, DynaFlex, Institut Straumann AG, Ormco, ClearPath Healthcare Services, and Clarus Company are key players of the global invisible orthodontics market.
May 17, 2020 ---- SmileDirectClub (the US), a teledentistry company, announced they are helping their patients during the COVID 19 pandemic. Claiming the largest market share of direct-to-consumer orthodontics, the company says it’s achieving its aim of disrupting the entrenched orthodontia industry. The company stated that it has been providing consumers with an affordable and convenient option for those who cannot afford to miss school or work or are disabled and cannot get to multiple office visits.
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The Spirulina Market is expected to grow at a CAGR of 10.3% from 2020-2030, according to a new research report by Next Move Strategy ConsultingSpirulina is a blue green algae with high nutrient content, usually consumed by human & animals.
It is also used as a complementary diet ingredient in aquaculture & poultry feeds owing to the presence of high protein & vitamin content.According to the report, growth in health consciousness among people and the rising demand for dietary supplements are major factors driving the spirulina market growth.
Additionally, high penetration of spirulina in industries such as cosmetics and pharmaceutical owing to the advantageous properties such as anti-aging, anti-wrinkles and othersare bringing changes in market tends.However, low stability & poor sustainability of spirulina derived colours is expected to restrict the market growth.Moreover, growth in research & development activities followed by untapped market opportunities in developing economies are anticipated to provide numerous opportunities to the market players in the coming few years.On the basis of type, spirulina market share is segmented into Arthrospira Platensis and Arthrospira Maxima.
Arthrospira Maxima dominates the global Spirulina market and will be the dominant throughout the forecasted period.On the basis of application, the Spirulina market is categorised into Nutraceuticals, Food & Beverages, Cosmetics, Animal Feed, and Others.Food & Beverages segment is likely to develop significantly over the period of time owing to fast growing food & beverage industry.On the basis of drug formulation, the spirulina market is bifurcated into Powder, Tablet & Capsule, Liquid, and Granule & Gelling Agent.
Powder segment is expected to account for the major market share & dominate the market growth over the forecast period.North America dominates the spirulina market in terms of market size over the forecast period, owing to rising health consciousness among people.
Hansen Holding A/S, Algenol Biofuels Inc., Dongtai City Spirulina Bio-engineering Co., Ltd., Prolgae, Parry Neutraceuticals, Sensient Technologies Corporation, DDW Inc., Algatec and Naturex S.A.Browse key industry insights from the report, “Spirulina Market Size By Type (ArthrospiraPlatensis and Arthrospira Maxima) By Application (Nutraceuticals, Food & Beverages, Cosmetics, Animal Feed, and Others), By Drug Formulation (Powder, Tablet & Capsule, Liquid, and Granule & Gelling Agent)Regional Outlook (U.S., Canada, Germany, UK, France, Spain, Italy, Russia, China, India, Japan, Australia, Indonesia, Malaysia, South Korea, Brazil, Mexico, South Africa, Saudi Arabia, UAE, Kuwait), Growth Potential, Price Trends, Competitive Market Share & Forecast, 2020–2030” in detail along with the table of contents:Key Insights from the Spirulina Market Report:Asia Pacific is the fastest growing region in Spirulina market owing to the rising demand of spirulina from various industries such as cosmetics, food , healthcare and others and government initiatives to promote local spirulina production.The Food & Beverages segment dominates the market in terms of application and is expected to grow at a significant CAGR to maintain the lead till 2030.Some of the major players in the market are DIC Corporation, Cyanotech Corporation, Chr.
