Clear Aligners Market to expand at a CAGR of 18.2% during 2023-2033, owing to rising technological advancements of dental treatment | insightSLICE
The market for Clear Aligners was valued at $3.2 billion in 2021 and is anticipated to grow at a CAGR of 18.2% through 2032.
Clear aligners are a series of tightly fitting, custom-designed mouthpieces or orthodontic devices used in straightening out crooked or misaligned teeth. In contrast to dental supports that are fixed in place, clear aligners are generally a sensible and adaptable alternative.
Access the sample report: https://www.insightslice.com/request-sample/678
Global Clear Aligners Market Key Segments:
- Polyurethane Plastic
- Poly-vinyl Chloride (PVC)
- Polyethylene Terephthalate Glycol (PETG)
By Patient Age Group
By End Use
- Dental Clinics
- Orthodontic Clinics
- North America
- Rest of North America
- Rest of Europe
- Asia Pacific
- Rest of APAC
- Middle East & Africa
- South Africa
- Saudi Arabia
- Rest of MEA
- South America
- Rest of South America
Benefits of Clear Aligners:
In contrast to traditional equipment for tooth straightening, transparent aligner technology has quickly become an unquestionably popular choice, as stated by Dental Tribune, because it is a practical, appealing, and acceptable solution.
These invisible aligners are produced using computer-aided design (CAM) software, thermoplastic polymers like copolyester or polycarbonate, and virtual advanced models. Most suitable aligners can be worn for 20 to 22 hours per day for about fourteen days to gradually improve teeth by 0.25 to 3 mm.
April 2018 – The Go Clear Aligners Model, which enables adaptive treatment from gentle to direct to more comprehensive dental problems requiring teeth-fixing, was introduced by Align Technology Inc.
Additionally, Tianjin ZhengLi Technology and Straumann Group, a producer of dental equipment and supplies with headquarters in Switzerland, entered a partnership in January 2019.
The Straumann Group has used its strategy to penetrate the Chinese market for orthodontic clear aligners in this partnership with Tianjin ZhengLi Technology Company Limited (ZhengLi Innovation), whose clear aligner product has regulatory approval in China. In China, Straumann has also secured exclusive endorsement rights for its aligners.
Through this partnership, Straumann Group will receive the plans that Tianjin ZhengLi Technology Company Limited is preparing for commercialization.
Additionally, the distribution and coordination plan, appropriate framework, technological advancements, and extensive experience of Straumann Group will support the market transition and growth over the next few years.
The key players of the Global Clear Aligners Market are:
3M, Argen Corporation, Align Technology, Dentsply Sirona, Henry Schein Inc., Institute Straumann, Danaher Corporation, Patterson Companies Inc, TP Orthodontics Inc., and others.
Read more about the report inclusions: https://www.insightslice.com/clear-aligners-market
Driving factors for the growth of Global Clear Aligners Market
The market has been growing over the past several years due to several factors, including the expanding patient population suffering from malocclusion globally, increasing inventive advancements in dental care, and growing public interest in modified clear aligners.
Several orthodontists are using the recently approved clear aligners to treat misaligned teeth as well as other oral flaws. Clear aligner models are routinely used to correct Class I and II cases of misalignment, and many patients are aware of this.
The substantial expense of these aligners is a key factor limiting the growth of the industry. Cost-wise, clear aligners are more expensive than metal tooth supports. For instance, clear aligners typically cost between US$3,700 and US$8,500.
The price range for metal dental supports is from US$2,700 to US$6,500. This price difference is primarily attributable to personalization, as clear aligners are designed based on the patient’s condition and the severity of their sickness.
Therefore, it is likely that the high cost of clear aligners may restrain market growth over the projection period of 2021–2031. The largest producer of clear aligners is Invisalign.
In any case, issues including the evidential cost of transparent aligners, the scarcity of dentists in still-developing countries, and the limited availability of medical financial aid for orthodontic procedures in many provinces are likely to slow the market’s growth.
Regional performance of Clear Aligners Market
The supremacy of North America is due to the existence of sizable organizations, sizable financial investments made into the inventive work of cutting-edge clear aligners, as well as the swift acceptance of cutting-edge items by the American population of distinct age and social groups.
On the other hand, the European market is anticipated to change over the next few years due to the growing interest in the visual component of modern aligners and their increasing popularity among young people during the previous few decades.
The market in Asia Pacific is anticipated to see the highest CAGR from 2021 to 2031. because there is a huge demand for clear aligners in nations that are still in the growing stage, particularly China and India.
The aesthetic attractiveness of the aligner models is another factor contributing to the influx. Invisalign Full, Invisalign Youngster, and Invisalign Lite transparent aligners were among the Invisalign versions that Align Technology announced had arrived in India in February 2016.
The firm concentrated on the 90.0 million metropolitan population since they represent an astounding portion of sales of high-end dental care products in the nation.
Global Complexion Analysis System Market: https://www.insightslice.com/complexion-analysis-system-market
Global Communicable Diseases Treatment Market: https://www.insightslice.com/communicable-diseases-treatment-market
The leading market segments of Global Clear Aligners Market
Young people prefer to avoid the discomfort caused by metal supports and demand that their supports seem aesthetically pleasing. Therefore, clear aligners are a particularly popular choice among young people seeking dental treatment.
Align Technology’s FDA-approved Invisalign clear aligners have been used to treat 5.0 million patients, and since 2018, there have been roughly 87.1 thousand cases of Invisalign shipped to children.
According to NCBI, the most notable aspect of the global population is the prevalence of Class I and Class II malocclusions. The benefits of clear aligners in effectively addressing these conditions are compelling.
The independent clinic category, which in 2020 had the highest market share overall, is anticipated to grow at a crucial CAGR over the projected period of 2021–2031. Independent professionals are provided with the most latest advances in technology and a fair aligner model right away.
According to a summary by the American Dental Association (ADA), as of 2018, 10,661 orthodontists were working in the US, and 798 of them either owned or shared a practice location.
Additionally, the segment of garnering practices is assessed to determine which will experience the highest CAGR over the projection period of 2021–2031 because it will aid in containing costs and enhancing procuring potential while obtaining fresh and innovative ideas.
In 2020, North America enlivened the market and seized the largest income share. Over the predicted period of 2021–2031, the province is anticipated to display a substantial CAGR.
Proceed to purchase: https://www.insightslice.com/buy-now/678
insightSLICE is a market intelligence and strategy consulting company. The company provides tailor-made and off the shelf market research studies. The prime focus of the company is on strategy consulting to provide end-to-end solutions. For more details, please contact our research and consulting team at firstname.lastname@example.org.
+1 707 736 6633