May 29, 2024

Clear Aligners Market High Growth Opportunities, Emerging Trends, Industry Review, Forecast Till 2031

The clear aligners market has witnessed substantial growth in the recent years owing to the increasing demand for clear and discrete orthodontic treatments. Clear aligners offer a convenient solution for minor teeth alignment issues and movement in the form of thin plastic transparent trays that can be easily removed for eating, drinking, or brushing. Clear aligners gently and gradually move the teeth into the desired position through constant force applied by the aligners over time without the bulk and inconvenience of metal braces.

The global Clear Aligners Market is estimated to be valued at US$ 3.92 Bn in 2024 and is expected to exhibit a CAGR of 17% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.

Get more insights on this topic: https://www.coherentmarketinsights.com/market-insight/clear-aligners-market-2411

Market key trends:

One of the major trends spurring the growth of the clear aligners market is the rising awareness among consumers regarding the significance of dental aesthetics appearance. An increasing number of consumers are seeking clear aligner orthodontic treatment options to discreetly correct crooked, crowded, or misaligned teeth. Moreover, the widespread digital technologies used in clear aligners like 3D printing and computer-aided design (CAD) that enables customized treatment planning have propelled their acceptance. Growing product advancement like multi-layered aligners for complex tooth movement is further fueling the demand.

Porter’s Analysis

Threat of new entrants: Low due to high capital requirements and scaling issues.
Bargaining power of buyers: High due to availability of substitutes like braces.
Bargaining power of suppliers: Low due to availability of substitutes.
Threat of new substitutes: High with emergence of new players and technology.
Competitive rivalry: Intense with major players competing on technology, price and convenience.

Key Takeaways

The global clear aligners market is expected to witness high growth during the forecast period of 2023-2030. The global Clear Aligners Market is estimated to be valued at US$ 3.92 Bn in 2024 and is expected to exhibit a CAGR of 17% over the forecast period 2023 to 2030.

Regional analysis North America is expected to maintain its dominance in the global clear aligners market during the forecast period owing to high preference for clear aligners over traditional braces in the region. Factors such as availability of advanced clear aligners aligners technology and high consumer affordability for premium orthodontic treatments are boosting the clear aligners market in North America.

Key players operating in the clear aligners market are Align Technology, Dentsply Sirona,Envista Holdings, Institut Straumann AG. Align Technology is one of the leading players in the clear aligners market, offering a wide range of clear aligners such as Invisalign and iTero scanners for diagnosis and treatment planning.

*Note:

  1. Source: Coherent Market Insights, Public sources, Desk research
  2. We have leveraged AI tools to mine information and compile it