SAN FRANCISCO, Nov. 23, 2021 /PRNewswire/ -- The global clear aligners market is expected to reach USD 17.0 Billion by 2028, according to a new study by Grand View Research, Inc. It is expected to expand at a CAGR of 27.3% from 2021 to 2028. Clear aligners are invisible and discreet braces developed from thermoformed materials like copolyester or polycarbonate plastic and CAD 3D printing technology, acting as an alternative to traditional braces. According to the FDA, the clear aligner system helps in positioning the teeth by the means of continuous gentle force and is developed to treat mild to moderate malocclusion.
Key Insights & Findings:
- The teenage segment emerged as the largest consumer segment in 2019, as teenagers are increasingly opting for the orthodontic device because of its inconspicuous characteristics and comfort
- The standalone practices segment reciprocated the largest share in 2019 as standalone practitioners are readily adopting the orthodontic device and are equipped with advanced digital technologies
- North America dominated the market in 2019 owing to increasing demand for new technologies, a large pool of key players, rising prevalence of dental disorders, and advanced healthcare infrastructure in the region
- In Asia Pacific, the market is expected to reciprocate the highest CAGR over the forecast period.
Read 100 page research report, "Clear Aligners Market Size, Share & Trends Analysis Report By Age (Adult, Teens), By End-use (Hospitals, Standalone Practices, Group Practices), By Region (North America, Europe, APAC, Latin America, MEA), And Segment Forecasts, 2021 - 2028", by Grand View Research
According to the WHO, malocclusion is the third most prevalent dental disease after dental caries and periodontal disease globally. Malocclusion of the teeth causes the problem of misalignment which can later lead to severe oral health complications like hard and soft tissue trauma. This condition is hereditary and can be passed from one generation to another.
Technological advancements and the growing demand for customized clear aligners are significant factors responsible for market growth. Companies like Align Technology and DynaFlex are constantly bringing in newer computer-aided technology in the market. For instance, the launch of iTero, which is a digital impression system, by Align Technology is assisting in developing accurate, effective, and customized clear aligners. The device is designed in accordance with the wearer's comfort to treat mild to moderate misalignment conditions. According to an article published in Scielo.com in November 2018, the global prevalence of Class I malocclusions is 74.7%, and of Class II malocclusions is 19.6%. The rising prevalence of these medical conditions is assisting in escalating the demand for orthodontic devices.
The demand for customized clear aligners has witnessed a burgeoning growth, especially among teenagers. For instance, the FDA-approved Invisalign clear aligners developed by Align Technology have been used in the treatment of 5.0 million people as of 2018, and worldwide Invisalign shipments to teenagers were about 87.1 thousand cases. To date, over 1.0 million teenagers have adopted this orthodontic treatment. This is because many teenagers prefer avoiding discomfort caused by metal braces and also want their braces to look aesthetically appealing. The above-mentioned factors are cumulatively assisting in robust market growth.
Grand View Research has segmented the global clear aligners market on the basis of age, end-use, and region:
- Clear Aligners Age Outlook (Revenue, USD Million, 2016 - 2028)
- Adult
- Teenage
- Clear Aligners End-use Outlook (Revenue, USD Million, 2016 - 2028)
- Hospitals
- Stand Alone Practices
- Group Practices
- Others
- Clear Aligners Regional Outlook (Revenue, USD Million, 2016 - 2028)
- North America
- U.S.
- Canada
- Europe
- U.K.
- Germany
- France
- Italy
- Spain
- Asia Pacific
- India
- Japan
- China
- Australia
- South Korea
- Latin America
- Brazil
- Mexico
- Argentina
- Middle East & Africa
- South Africa
- Saudi Arabia
- UAE
List of Key Players of Clear Aligners Market
- Align Technology, Inc.
- Danaher Corporation
- Institut Straumann AG
- Dentsply Sirona
- 3M
- Argen Corporation
- Henry Schein
- TP Orthodontics, Inc.
Check out more studies related to orthodontic systems, conducted by Grand View Research:
- Orthodontic Consumables Market – The orthodontic consumables market was estimated to reach USD 3.0 billion in 2015. Crooked teeth, improperly positioned teeth, and the condition where the jaws don't align with each other while closing are recognized to the top conditions that fall under the orthodontics branch of dentistry.
- Orthopedic Braces And Supports Market – The global orthopedic braces and supports market size was valued at over USD 4.9 billion in 2018 and is expected to witness a CAGR of 6.4% over the forecast period. Rising incidence of osteoarthritis is considered as one of the key growth drivers. It is the most common form of arthritis affecting population of all ages.
- Australia Clear Aligners Market – The Australia clear aligners market size was valued at USD 71.9 million in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 28.7% from 2021 to 2028. Factors such as the growing patient population suffering from malocclusions, rising technological advancements pertaining to dental treatment, and growing demand for customized clear aligners are driving the market.
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About Grand View Research
Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.
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SOURCE Grand View Research, Inc.
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