Orthodontics Statistics 2023-2022, 2021-2020 and 2019

• Private practice orthodontists earned an average of $1,404,000 in 2022
• There are 87,025 licensed Orthodontists in the USA
• Orthodontic industry’s market size was roughly $9.6 billion
• $14.6 billion by 2026 with a CAGR of 14.4%
• Invisible braces and clear aligner solutions are increasing with market share of 87.5%
• Orthodontics industry globally is anticipated to expand at 17.5% CAGR by 2028
• New patients with mild class I division 1 Malocclusions is declining
• Value of the U.S. Orthodontics Market by 2029, with a 14.3 Percent CAGR

Orthodontics Facts 2023-2022

The orthodontics industry is quite a lucrative business. The dental industry has been expanding year over year. Interestingly, the number of orthodontic offices in America is set to increase by 1,000 percent in the next 5 years as it continues to be the fastest-growing industry in this country.

Orthodontic care is set to continue to add to this incredible growth. Here we will discuss Orthodontics statistics 2022-2023.

Median Annual net Income of Private Practice Orthodontists

Licensed orthopedists in private practice earned an average of $1,404,000 in gross revenue per year in 2020, translating to a net income of $249,410. Orthodontists in private practice employed approximately 21 percent of the total orthodontic workforce in 2020 and accounted for 26 percent of the industry’s employment. According to the Orthodontic Financial Survey, the median yearly net income of private orthodontic practices is expected to grow by 10.8% over the five years from 2015 to 2020

Orthodonic Employment Statistics

There are 87,025 people employed in the Orthodontists industry as of 2022. This number is expected to rise by 32.0% from 2016 to 2022. This average annual growth rate of 12.8% is the fastest among all industry groups from 2006 through 2017 and even faster than the average dental industry growth rate of 9.1%. The need for orthodontic services has increased along with the number of adults choosing this treatment. New developments and research in orthodontics have encouraged people to choose this course.

Orthodontics Demographics and Statistics

How many Orthodontists are in the U.S.? More than 4337 dentists currently practice orthodontics in the U.S. Learn more about 2022 demographics based on age, race, sex, salary and location. Orthodontics demographics are set to soar in 2022. In the United States, more than 3,000 orthodontists worked in the field in 2011. That number increased to almost 4,000 dentists in 2017, a decade later. This trend is expected to continue since experts predict that roughly 4,500 working orthodontists will be in the U.S.

More Orthodontics Stats 2023-2022

Market Size 2005–2028

The orthodontic industry’s market size was roughly USD 9.60 in 2017. From 2005 to 2017, its size increased from $4.4 billion to $5.2 billion. The percentage growth of the U.S. dental industry was 12% during the same period, while the average annual percentage growth rate of other sectors was lower than that of the orthodontics revenue market.

Market Size to Hit USD 9.60 Billion

Overall market size is set to hit at least USD 9.60 billion by 2029, with a CAGR of 14.3%. The Orthodontics Market is set to grow from $5,212 million in 2017 to $14,689 million by 2026 with a CAGR of 14.4 percent. This is because the orthodontics market is driven by rising awareness about the importance of good oral health and attractive appearance, governmental initiatives for extending insurance coverage, advancements in technology and the growth of active orthodontic research.

Value of the U.S Orthodontics Market By 2029, With a 14.3 Percent CAGR

The orthodontics market is projected to reach USD 9.60 in the next five years and exceed USD 14.68 billion by 2029 at a CAGR of 14.3 percent. The Orthodontics industry is projected to grow at a 14.3 percent CAGR from USD 5,212 million in 2017 to USD 14,689 million in 2022.

Trends to Watch in Oral & Orthodontic Care

Over the next five years, several changes and trends are expected in the oral and orthodontics care sectors. As per the International Society of Orthodontists (ISO) projections, the demand for orthodontic services will rise by 9 percent per annum through 2023, which will have grown to over 30 million treatments, compared to 2010, when it was less than 22 million. The population of people over 18 in the United States is forecast to expand by 15% by 2023, up from 10% in 2017.

Invisible Market Size, Growth 2022 Global Statistics

The invisible orthodontics market is forecast to witness strong growth because of the rising awareness about the treatment, making it easier for people to conceal their orthodontic appliances and get treated in private. Also, technological advancements in making invisible braces and aligners solutions are increasing its demand, with a share of 87.5%, during the forecast period.

Worldwide Orthodontics Market

4.3 US dollars is the estimated value of the global market. Between 2019 and 2028, it will experience a tremendous increase in both volume and value. During the projected period, the orthodontics industry is anticipated to expand at 17.5% CAGR, with total sales of 4.3 billion dollars by the end of 2028, up from 3.7 billion dollars in 2014..

Perspective on the Global Industry, Comprehensive Analysis, and Forecast to 2028

Orthodontics Market 2022 New Data Insights Global Industry Perspective, Comprehensive Analysis and Forecast 2028. A 10-year forecast of key market trends and industry developments for products, services and applications across the Orthodontics industry. It analyzes global markets for Orthodontics (Invisalign, Clear Correct, Fastbraces, Inman Aligners) in US$ Million.

Data on How Orthodontic Practices are Performing in 2022

The combined 2022 data showed some significant market downward trends that orthodontic practices should be aware of as they plan for the upcoming year. The number of new patients with mild class I division 1 malocclusions and the percentage of patients with moderate to severe class II division 1 malocclusion are specifically on the decline. A trend that could be attributed to the growing acceptance of clear aligners.

The dental industry is booming yearly, and orthodontics is one of the fastest-growing sectors of the dental industry. As a result, Orthodontics is also experiencing strong growth. One of the major factors for this rise in orthodontics is the availability and affordability of technology, making it easy for people to treat their teeth privately without letting others know about it. Government initiatives for extending insurance coverage further support the demand for these treatments. From the rise and fall of the orthodontics market, it is apparent that orthodontics is a sector where people will get more and more treatment every year.