1. Global Fixed Orthodontic Appliances Market Analysis by Key Types
In 2022, stainless steel orthodontic appliances dominated the global market, with a significant market share of 75.64%. This indicates that stainless steel is the most preferred choice due to its durability, cost-effectiveness, and noticeable correction effects. Following closely is nickel-titanium, accounting for 8.27% of the market, likely favored for its excellent elasticity and biocompatibility. Polymers and ceramics held market shares of 6.57% and 4.63%, respectively, with polymers possibly occupying a niche due to their diverse applications, while ceramics maintain a certain market share for their aesthetic appeal. The “Others” category, which may include a variety of materials and technologies, accounted for 4.89% of the market, indicating a relatively small but diverse presence of alternative materials. These data reflect the diversity in the orthodontic materials market and consumer preferences for different material characteristics.
Table Types of Fixed Orthodontic Appliances
|
No. |
Types |
Description |
|
1 |
Stainless Steel |
Based on raw materials, fixed orthodontic appliances can be subdivided into stainless steel, ceramic, polymer, nickel-titanium and other types. Stainless steel is mainly used to make brackets, buccal tubes, archwires, coil springs, etc. Ceramic is mainly used to make brackets, etc. Polymer is mainly used to make elastic tools, etc. Nickel-titanium is mainly used to make coil springs, archwires, etc. |
|
2 |
Ceramic | |
|
3 |
Polymer | |
|
4 |
Nickel-titanium |
Figure Global Sales Market Share of Fixed Orthodontic Appliances by Types in 2022
2. Global Fixed Orthodontic Appliances Market Analysis by Key Applications
In 2022, the application distribution of the global fixed orthodontic device market shows that adults dominate the market, with a specific market share of 50.19%. Adolescents and children account for 42.02% and 7.80% respectively, with adolescents having a higher market share than children. Adults have the most significant demand for orthodontic treatment, probably because adults pay more attention to the beauty of teeth and bite function, while adolescents and children may only seek treatment when dental problems are more serious.
Table Application of Fixed Orthodontic Appliances
|
No. |
Application |
Description |
|
Adults |
Adults refer to people over 19 years old. | |
|
2 |
Teenagers |
Teenagers are people between the ages of 13 and 19. |
|
3 |
Children |
Children refer to people younger than 13 years old. |
Figure Fixed Orthodontic Appliances Sales Market Share by Applications in 2022
3. Global Fixed Orthodontic Appliances Market Analysis by Regions
The North American market, as the largest market, grew from $634.40 million in 2018 to $801.67 million in 2023, showing an overall upward trend despite a decline in 2020. The European market grew from $343.37 million in 2018 to $430.61 million in 2023, declined in 2020, but then resumed growth, showing a steady market expansion. The Asia-Pacific market grew rapidly, from $349.32 million in 2018 to $476.95 million in 2023, showing the market potential in the region. The Latin American market grew from $73.23 million in 2018 to $102.39 million in 2023, showing significant growth, especially in 2021 and 2022. The Middle East and Africa market grew from $42.4 million in 2018 to $52.06 million in 2023, with a smaller but sustained growth. Overall, the global fixed orthodontic device market is expected to increase from USD 1442.72 million in 2018 to USD 1863.68 million in 2023, showing a continued growth trend in the market.
Table Global Fixed Orthodontic Appliances Revenue (M USD) by Region (2018-2023)
|
|
2018 |
2019 |
2020 |
2021 |
2022 |
2023 |
|
North America |
634.40 |
663.32 |
580.10 |
721.66 |
762.83 |
801.67 |
|
Europe |
343.37 |
359.60 |
319.66 |
391.56 |
411.12 |
430.61 |
|
Asia Pacific |
349.32 |
375.37 |
301.54 |
405.90 |
441.60 |
476.95 |
|
Latin America |
73.23 |
78.94 |
63.81 |
86.85 |
94.68 |
102.39 |
|
Middle East & Africa |
42.40 |
44.26 |
39.10 |
47.40 |
49.65 |
52.06 |
|
Total |
1442.72 |
1521.49 |
1304.21 |
1653.38 |
1759.88 |
1863.68 |
The North American market share dropped slightly from 43.97% in 2018 to 43.02% in 2023, and remained at around 43% overall. The European market share dropped from 23.80% in 2018 to 23.11% in 2023. The Asia-Pacific market share rose from 24.21% in 2018 to 25.59% in 2023. The Latin American market share rose from 5.08% in 2018 to 5.49% in 2023. The Middle East and Africa market share rose from 2.94% in 2018 to 2.79% in 2023.
North America and Asia-Pacific are the two main regions of the fixed orthodontic device market, among which the market share of Asia-Pacific has increased year by year, showing the growth potential of the regional market. The share of the European market has shown a downward trend year by year. Although the share of the Latin American market is small, it also shows an upward trend year by year. This shows that the global fixed orthodontic device market is developing towards diversification, and markets in Asia-Pacific and Latin America are gradually becoming important growth points.
Table Global Fixed Orthodontic Appliances Revenue Market Share by Regions (2018-2023)
|
|
2018 |
2019 |
2020 |
2021 |
2022 |
2023 |
|
North America |
43.97% |
43.60% |
44.48% |
43.65% |
43.35% |
43.02% |
|
Europe |
23.80% |
23.63% |
24.51% |
23.68% |
23.36% |
23.11% |
|
Asia Pacific |
24.21% |
24.67% |
23.12% |
24.55% |
25.09% |
25.59% |
|
Latin America |
5.08% |
5.19% |
4.89% |
5.25% |
5.38% |
5.49% |
|
Middle East & Africa |
2.94% |
2.91% |
3.00% |
2.87% |
2.82% |
2.79% |
|
Total |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
4. 3M Company Fixed Orthodontic Appliances Market Analysis
4.1 3M Company Corporation Information
Table 3M Company Basic Information, Manufacturing Base
|
Item |
Description | |
|
1 |
Company Name |
3M Company |
|
2 |
Website |
www.3m.com |
|
3 |
Established Time |
1902 |
|
4 |
Headquarters |
USA |
|
5 |
Market Distribution |
Worldwide |
4.2 3M Company Description and Business Overview
3M is a diversified multinational enterprise with a long history. It has developed and produced as many as 50,000 high-quality products. The company’s business directions include communications, transportation, industry, automotive, aerospace, aviation, electronics, electrical, medical, construction, cultural, educational, office and Daily consumption and many other fields.
In terms of orthodontic products, 3M’s products include aligners, dental trays, buccal tubes, molar bands, tongue trays and other accessories.
4.3 3M Company Fixed Orthodontic Appliances Market Performance
3M’s sales volume increased from 9105 K Units in 2018 to 12351 K Units in 2023. The price increased year by year from $31.8 in 2018 to $32.5 in 2023. The value increased from $289.51 million in 2018 to $401.56 million in 2023. The gross profit margin decreased from 68.68% in 2018 to 67.49% in 2023.
3M’s sales volume and value of fixed orthodontic devices generally showed an upward trend, although sales volume and value declined in 2020, but then resumed growth. Prices have risen steadily year by year, indicating that the product is being upgraded or costs are increasing. The decline in gross profit margin reflects improved cost control or intensified market competition. Overall, 3M has performed strongly in the fixed orthodontic device market, with both sales and value showing positive growth.
Table 3M Company Fixed Orthodontic Appliances Sales, Price, Value, Gross Margin (2018-2023)
|
3M Company |
2018 |
2019 |
2020 |
2021 |
2022 |
2023 |
|
Sales (K Units) |
9105 |
9637 |
8694 |
11327 |
11973 |
12351 |
|
Price (USD/Unit) |
31.8 |
31.9 |
31.5 |
32.3 |
32.3 |
32.5 |
|
Value (M USD) |
289.51 |
307.65 |
274.28 |
365.40 |
386.54 |
401.56 |
|
Gross (M USD) |
198.82 |
212.01 |
189.65 |
251.52 |
263.44 |
271.01 |
|
Gross Margin |
68.68% |
68.91% |
69.15% |
68.83% |
68.15% |
67.49% |
3M’s sales volume experienced a significant decline in 2020, but then achieved strong growth in 2021, with a growth rate of 30.29%. The growth rates in 2022 and 2023 are relatively low, at 5.7% and 3.15%, respectively. Overall, 3M’s sales volume showed fluctuating growth during this period, with 2021 being the peak year of growth.
Figure 3M Company Sales and Growth Rate
3M’s value declined in 2020, but achieved significant growth in 2021, reaching $365.4 million, and its global market share reached 22.10%. Both the value and market share declined in 2022 and 2023. But overall, 3M’s value and market share occupied the main market during this period.
Figure 3M Company Value and Growth Rate 2018-2023
4.4 3M Company Product Portfolio
Table 3M Company Product Portfolio
|
3M™ Victory Series™ Active Self-Ligating Brackets Kit 3M™ Victory Series™ Brackets are widely accepted as an industry benchmark for outstanding performance. Advanced Victory Series™ Active Self-Ligating Brackets have been designed and detailed to be no exception. Quality manufactured to strict tolerances and extensively tested to assure reliability, Victory Series Active Self-Ligating Brackets will help you effectively treat even the most difficult cases with confidence. The Victory Series Active Self-Ligating Bracket has a robust ligating mechanism that is designed for reliability in use and ease of operation. And the full slot-width size door maximizes available rotational control capability. You can also add optional APC™ II Adhesive coating for reduced bonding steps and convenience. |
