The orthodontics market is projected to reach $14.38 billion by 2030, jumping up from its 2023 valuation of $5.95 billion.
The anticipated surge in the global market is expected due to increasing disposable incomes and the growth of dental clinics and hospitals, according to a May 14 report by Research And Markets.
New technologies, including clear aligners, digital scanning and 3D printing, have attracted more adults who may have been less likely to get traditional braces.
The compound annual growth rate is projected to be 13.4% between 2023 and 2030, the report said.