Clear Aligners Market Global Outlook 2018-2026 | Leading Vendors - Align Technology, Inc., DynaFlex, Dentsply Sirona, Inc., SmileDirectClub, Straumann Group, Danaher Corporation, Henry Schein, Inc.

Clear aligners are used to straighten teeth for appropriate positioning of teeth. Clear aligners are the best substitute for old and conventional braces, and are designed in such a way that helps guide teeth into their proper position. Aligners take less time to complete the treatment procedure and are cost effective. They also avoid side effects such as plaque buildup, tooth decay, mouth sores, and injuries, which is caused by regular metal braces.

The clear aligners market is expected to gain significant traction owing to rising disposable income, people are willing to spend more on dental services, both medical and cosmetic. According to the American Academy of Cosmetic Dentistry, in the U.S., dental cosmetic services are becoming increasingly popular, with citizens spending majorly on professional teeth whitening and straightening.

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The global clear aligners market size was valued at US$ 1,789.2 million in 2017, and is expected to exhibit a CAGR of 17.0% over the forecast period (2018 – 2026).

Clear Aligners Market - Market Dynamics

Factors such as increasing patient awareness towards dental health, rising disposable income of the general population, increasing dental insurance for orthodontic procedures are factors expected to augment the market growth. The clear aligners market is expected to gain significant traction owing to increasing number of new entrants offering affordable products to patients. For instance, in May 2018, Henry Schein, Inc. launched orthodontic aligner with its proprietary SLX Clear Aligner System. The system incorporates Sagittal First/Motion 3D technology that offers patients and clinicians a simplified treatment process by reducing the number of aligners used. However, high product cost of clear aligners restricts adoption of the products in low income economies, hindering the market growth.

Increased spending on dental health to propel clear aligners market growth

Increased financial support for healthcare from public and private sources such as the Centers for Medicare and Medicaid Services (CMS) has reduced out-of-pocket spending. Therefore, spending on dental health has increased further over the past few years due to growing support from CMS and American Dental Association (ADA). For instance, according to the American Dental Association, in the U.S., dental care expenditure was valued at US$ 117.5 Bn in 2015.

Increasing prevalence of oral health issues to bolster the market growth

Increasing prevalence of oral health diseases such as crooked teeth diseases (Malocclusion) is driving growth of the clear aligners market. The indication of crooked teeth includes crowding, cross bite, open bite, overbite, spacing, and underbite. According to the SRM Journal of Research in Dental Sciences, November 2014, the prevalence of crowding was around 51.4% in girls and 50.4% in boys, and cross-bite was around 18.3% in girls and 17.8% in boys in Indian schools children.

Key Players

Major players operating in the global clear aligners market include Align Technology, Inc., DynaFlex, Dentsply Sirona, Inc., SmileDirectClub, Straumann Group, Danaher Corporation, Henry Schein, Inc., Great Lakes Dental Technologies, Rocky Mountain Orthodontics, and eXceed.

Clear Aligners Market - Market Taxonomy

Global Clear Aligners Market, By Material Type:
Polyurethane Plastic
Polyethylene Terephthalate Glycol (PETG)
Poly-vinyl Chloride (PVC)
Others

Global Clear Aligners Market, By Age Group:
Children
Adults

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