Press release
Clear Aligners Market Drive Growth at 27.2% CAGR by 2022-30 Including Major Key Players
Clear Aligners Market Overview:In a recent Market Research Community, the Clear Aligners market is expected to surpass USD 40.97by the year 2030, from USD 4.70 Billion in 2021.
Transparent trays made of a certain material are referred to as clear aligners. This dental apparatus is used to correct the alignment of teeth that are crooked or out of place. These orthodontic systems straighten teeth and provide the best substitute for traditional braces. Clear aligners are discrete from an aesthetic standpoint and are made to be flexible and convenient for patients. To move the teeth into the right position without the inconvenience of traditional braces, they apply moderate and simultaneous force.
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Top Key Players:
Align Technology; Dentsply Sirona; Patterson Companies Inc.; Institute Straumann; Danaher Corporation; 3M EPSE; Argen Corporation; Henry Schein Inc.; TP Orthodontics Inc. DynaFlex; Great Lakes Dental Technologies; SCHEU DENTAL GmbH; Clarus Company.
On The Basis of Age:
Adults
Teens
End User Covered in This Report Are:
Hospitals
Standalone Practices
Group Practices
Others
Regional Analysis:
North America- (U.S., Canada, Mexico)
Europe- (Germany, France, U.K., Russia, Italy, Spain, BENELUX, Rest of Europe)
Asia Pacific- (China, Japan, India, South Korea, Australia, ASEAN, Rest of Asia Pacific)
Latin America- (Brazil, Argentina, Chile, Rest of Latin America)
Middle East and Africa- (GCC, Turkey, Israel, Rest of MEA)
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Over the projected period, the teen sector is anticipated to increase at the fastest rate. As of 2018, 5 million people had received treatment with the FDA-approved clear aligners created by Align Technology, and as of that year, there had been roughly 87.1 thousand cases of shipments to teenagers globally.
According to the NCBI, Class I and Class II malocclusions are the most common in the population, and clear aligners, which are successful in correcting these disorders, are increasingly being used. This is so that they can avoid the discomfort that metal braces might inflict while yet maintaining an attractive appearance. Teenagers are increasingly choosing transparent aligners to treat their dental issues for these causes. Moreover, around one million teenagers have started orthodontic treatment with clear aligners. This factor has further fueled the growth of the clear aligners market.
The Asia Pacific region is anticipated to see the highest CAGR of 31.4% over the forecast period owing to the increasing mandate for clear aligners in growing countries such as China and India. Additionally contributing to the increase is the aligner systems' attractive aesthetics. Hence, the Asia Pacific region is expected to grab boom the growth of the clear aligners market.
The clear aligners market is projected to grow at a significant pace reaching a CAGR of approximately 27.2%, over the forecast period of 2022-2030, despite a considerable fall in Age sales during the initial phase of pandemic spread and lockdown restrictions imposed globally.
The study is consolidated into major segments and further into sub-segments, such as by Age (Adult, and Teens), End User (Hospitals, Standalone Practices, Group Practices, Others) to forecast the market size by value; also includes the analysis of past market dynamics from 2016 - 2021, considering 2021 as the base year.
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The research provides answers to the following key questions:
What is the expected growth rate of the Clear Aligners Market? What will be the market size for the forecast period, 2022 - 2030?
What are the major driving forces responsible for transforming the trajectory of the industry?
Who are major vendors dominating the Clear Aligners industry across different regions? What are their winning strategies to stay ahead in the competition?
What are the market trends business owners can rely upon in the coming years?
What are the threats and challenges expected to restrict the progress of the industry across different countries?
What are the key opportunities that business owners can bank on for the forecast period, 2022 - 2030?
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