Latin america orthodontic supplies market

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MarketsandMarkets Presents

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

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• 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.

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http//www.marketsandmarkets.com/Market-Repor
ts/latin-america-orthodontic-supplies-market-54591
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.
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• 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
  countries).
• 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
  (Germany).

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