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Latin america orthodontic supplies market


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Title: Latin america orthodontic supplies market

MarketsandMarkets Presents
  • Latin America Orthodontic Supplies Market
  •  - Global Forecasts to 2020

  • The Latin America orthodontic supplies market is
    poised to grow at a CAGR of 5.5 during the
    forecast period and expected to reach USD 320.2
    million by 2020. A number of factors such as the
    rising number of patients with malocclusions,
    lower cost of orthodontic treatment in Latin
    America (as compared to other developed nations),
    higher concentration of orthodontics
    associations, decreasing trade barriers for
    medical devices in some Latin American countries,
    and rising disposable incomes in Brazil, Mexico,
    and Chile are propelling the growth of the Latin
    America orthodontic supplies market. Moreover,
    growing medical tourism in Latin America,
    increasing adoption of orthodontic treatment, and
    improving socioeconomic status will provide
    growth opportunities for players in the region.
    On the other hand, risks and complications during
    or post-orthodontic treatments and limited
    reimbursement coverage for orthodontic treatments
    are restraining the growth of this market.

839.html The Latin America orthodontic
supplies market has been segmented into three
broad segmentsfixed braces, removable braces,
and orthodontic adhesives. The fixed braces
segment is further categorized into brackets,
archwires, anchorage appliances, and ligatures.
The fixed braces market expected to command the
largest market share of the overall orthodontic
supplies market in 2015, owing to their better
affordability and strong market presence as
compared to removable braces.
  • Based on geography, the market is divided into
    Brazil, Mexico, Chile, Argentina, Peru, and the
    Rest of Latin America. In 2015, Brazil holds the
    largest market share, followed by Mexico. Chile
    is estimated to grow at the highest CAGR in the
    forecast period due to healthcare and
    trade-related initiatives taken by Chilean
    government to raise awareness and the better
    economic landscape in Chile (as compared to other
  • On the basis of countries, this market is
    classified into Brazil, Mexico, Chile Argentina,
    Peru and, and the Rest of Latin America (RoLA,
    which includes Colombia, Ecuador, and Venezuela).
    The Latin America orthodontic supplies market is
    dominated by Brazil, followed by Mexico,
    Argentina, and Chile, which is expected to grow
    at the highest CAGR of 6.3 from 2015 to 2020.
    Chiles high growth is attributed to awareness
    initiatives taken by its government and its
    economic landscape, which is stronger than other
    countries in the region.
  • The major players in the Latin America
    orthodontic supplies market include Dental
    Morelli Ltda. (Brazil), 3M Corporation (U.S.),
    American Orthodontics (U.S.), DENTSPLY
    International, Inc. (U.S.), Ormco Corporation
    (U.S.), and Orthometric (Brazil), and FORESTADENT

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