February 21, 2024
Clear Aligners Market

The Rapid Adoption Of Clear Aligners Technology Is Anticipated To Open Up The New Avanue For Clear Aligners Market

Market Overview:

Clear aligners are removable and adjustable plastic braces used for orthodontic treatment. They slowly and gently move the teeth to the desired position similar to conventional braces. Clear aligners products are transparent and virtually invisible, allowing patients to wear them at work, school or social events. They are designed to correct various malocclusions such as overbite, underbite, crossbite and gap between teeth.

Market Dynamics:

The growing demand for orthodontic treatments among adults due to awareness and focus on dental aesthetics is driving the growth of clear aligners market. In addition, advantages offered by clear aligners such as aesthetic appeal, convenience, comfort and lower cost as compared to traditional braces are further propelling the market growth. Clear aligners are removable products which can be taken out for eating or drinking unlike wired braces. This allows patients to maintain good oral hygiene which speeds up the treatment process.

Moreover, the introduction of advanced technologies such 3D printing and Cadent iTero digital scanning system for customization of aligners according to patient’s oral structure is expected to boost the market growth over the forecast period. However, limited transformation capability for severe misalignments as compared to metal braces may restrain the market growth.

The global Clear Aligners Market Demand is estimated to be valued at US$ 4.59 Bn in 2023 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.

Segment Analysis

The clear aligners market is segmented into adults and teenagers. The adult segment dominated the global market in 2022 owing to the increase in orthodontic treatments among working professionals. Adults prefer clear aligners over traditional braces as they are aesthetically pleasing and removable. In addition, the demand for clear aligners is further increasing among adults to enhance their appearance and smile.

PEST Analysis

Political: The government initiatives to increase awareness about dental health and orthodontic treatments have positively impacted the market growth. This has encouraged individuals to opt for clear aligners.
Economic: Rising disposable incomes and spending on oral healthcare have fueled the demand for clear aligners globally. Individuals are now willing to pay for dental cosmetic procedures to enhance their quality of life.
Social: Increased social media influence and focus on physical appearance have propelled the adoption of clear aligners for teeth straightening and enhancement of aesthetics. Clear aligners are a preferred choice due to their transparency and convenience over traditional metal braces.
Technological: Advancements in clear aligners like improved quality of materials, 3D printing, and virtual simulation prior to treatment have enabled delivering results with higher accuracy and higher comfort levels to individuals.

Key Takeaways

– The global clear aligners market size is expected to reach US$ XX Bn by 2030, expanding at a CAGR of 17% during the forecast period. Increasing awareness about dental aesthetics and orthodontic treatments are propelling the market growth.
– North America dominates the clear aligners market and is expected to maintain its lead over the forecast period. Presence of major market players, higher adoption of dental aesthetics, and advanced reimbursement policies support the regional market growth.
– Key players operating in the clear aligners market are Align Technology, Inc., DynaFlex, Dentsply Sirona, Inc., SmileDirectClub, Straumann Group, Danaher, Henry Schein, Inc., Great Lakes Dental Technologies, Rocky Mountain Orthodontics, eXceed, 3 M, Argen Corporation, Illusion Aligners, Candid Care Co., Tianjin ZhengLi Technology Company Limited, Scheu Dental, TP Orthodontics, Inc., K-Line Europe, 32 Watts, and Klear Aligner. They are focused on developing innovative aligners with advanced technologies for higher effectiveness and customer satisfaction.

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