Clear Aligners Market will reach US$ 18.7 billion by 2031, growing at a CAGR of 22.1 percent between 2022 and 2031
In 2021, the market for Clear Aligners worldwide was worth $ 3.50 billion US dollars. AMR Group projects that the market will reach US$ 18.7 billion by 2031, growing at a CAGR of 22.1 percent between 2022 and 2031.Industry Overview
Clear aligners are a series of tight-fitting mouthpieces or orthodontic systems according to custom-made that are useful in correction of misaligned or crooked teeth's. Malocclusion is a medical condition that projects misaligned teeth or improper alignment among the teeth of the upper & lower dental arches. The rise in the number of orthodontic patients suffering from ailments such as malocclusions and temporomandibular jaw misalignment, has expressed a rise in the demand pertaining to aesthetic and convenient alternatives to traditional fixed appliances.
Clear aligners are virtually considerate and easily removable products which can be used as alternatives to braces designed around patients' convenience and comfort. These invisible aligners are manufactured through virtual digital models, computer-aided design (CAD-CAM), and thermoformed plastic materials like copolyester and polycarbonate plastic accordingly. The discomfort and inconvenience caused by the ceramic or metal braces along with the long-term gum sensitivity, caused an increased adoption of clear aligners by patients and dentists. The aligner is designed for the patient's comfort and is easy to use. According to Dental Tribune, clear aligners technology has rapidly become a popular alternative to fix appliances for tooth straightening. this is the biggest manufacturer of clear aligners, and other brands including are Inman Aligner, Clear Correct, and Smart Moves. Developments in aligner technology have increased the scope of dental applications & to enabled the treatment of complicated cases. By nature, clear aligners provide visually transparent and designed in accordance with patients' convenience & flexibility. They use gentle & simultaneous force to position the teeth in the proper position without requiring going through the struggle of conventional braces.
Market Dynamics
The global Clear Aligners market is increasing as a result of a continuous rise in the number of people suffering from malocclusions. The epidemiology and evaluation of orthodontic treatment is of major importance in many countries. Malocclusion have showed third highest prevalence among oral pathologies just next to dental caries & periodontal disease. As per the National Centers for Biotechnology Information (NCBI), in 2018, the statistics indicated a rise in the number of adult individuals demanding orthodontic intervention. The rising product adoption amongst the adult individuals is anticipated to drive the overall industry landscape.
Technological advancements are driving the Clear Aligners market by providing the development of more advanced devices that incorporate advanced technologies & materials. These advancements gave a higher effectiveness and safety of Clear Aligners. High Demand for Lightweight, Transparent aligners and Shatter-resistant. According to the NCBI report published, in 2018, found that more than one million individuals in the U.S.A. undergoes orthodontic treatments annually. Furthermore, high cost of clear aligners is a factor that is likely to hamper the growth of the Clear Aligners which may restrain the market growth.
COVID Impact
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The COVID-19 pandemic gave a mild positive impact on the Clear Aligners business market. The COVID-19 pandemic became as a global health crisis and inflicted notable disease burden and financial adversities on several sectors of the global economy. Many sectors including the healthcare industry have been through a significant transition during the first half of 2020. The pandemic has caused a delay or postponing several medical procedures. During the pandemic, the orthodontic practice disrupted and quarantine led several orthodontists and patients to communicate using online telemedicine services. As per the Frontiers in Medicine study, there was an increased volume of posts on the market players reported around the globe increased sales accounting for 1.6 million cases in 2020. The outburst of the COVID-19 pandemic helped the industry to blend in terms of product adoption and this trend is expected to continue in coming years.
Regional Trend
Geographically, North America dominated the Clear Aligners market and had the largest revenue share of USD 2 billion in 2021. The growth in this region can be attributed to due to the presence of major companies in this region, such as Align Technology, and the increasing R&D investments by these key players. Some of the other contributing factors included in increasing demand for these products from orthodontists, the surge in the clientele of GPs, favorable reimbursement policies for dentistry, and the presence of well-established clinics for orthodontics. With reference to PubMed report publised, in 2020, the incidences of malocclusion were approximately 56%. The highest number of incident was reported in the African region with 81%, next was reported by Europe with 72%, followed by North & South America with 53% and Asia with 48% incedences.
Asia Pacific region is expected to present outstanding Clear Aligners market opportunities due major companies are focusing on establishing their presence in hospitals and orthodontic dental clinics across the untapped Asian market. Additionally, the growing disposable income in countries like India and Japan is further contributing to the region's positive market growth. Rise in awareness among parents about the potential long-term effects of dental treatments in patients has enhanced the emphasis on early diagnosis & treatment.
Competitive Landscape
Key players operating in the Clear Aligners Market include 3M Company, Align Technology, Angel Aligner, Argen Corporation, Dentsply Sirona, Envista Corporation, Henry Schein Inc., Institute Straumann, Ormco Corporation, SmileDirect Club and TP Orthodontics Inc among others. In 2022, Ormco Corporation announced the launch of its Spark Clear Aligners Release 12, offering novel clinical enhancements, product optimization, and more flexibility, efficiency, & control. This strategic development helped the company to bolster its product offerings in the market.
Key USP's-
The article published by the International Journal of Pedodontics Rehabilitation, in 2018, documented that the malocclusion prevalence observed in children aged 10 to 12 years was more than 76% in India. The article further stated that among the prevalent population, around 66% of the children suffered from Class I malocclusion, followed by around 9% suffering from Class II malocclusion, and 1.4% had Class III malocclusion.
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Market Segmentation
Based upon the Age group in the Clear Aligners market is segmented in Adults and Teenagers. The Adult age group dominated the Clear Aligners market in 2021. Adult age group rises due to increasing adoption of technologically advanced products for malocclusion treatment. Moreover, an increased malocclusion prevalence in patients in the adult age group is expected to favor segmental growth. Based on the material, the Clear Aligners market is segmented into Polyurethane, Plastic Polyethylene, Terephthalate Glycol, and Poly-vinyl Chloride. In the material segment the most dominant market is Poly-vinyl Chloride which acquires the largest Clear Aligners market share in 2021. This segment is driven by the increasing utilization of Poly-vinyl Chloride. Based on the duration, the Clear Aligners market is segmented into Comprehensive malfunction, Medium treatments and Small little beauty Alignments.
End user segment of Clear Aligners market is further bifurcated into Hospitals and Dental & Orthodontic Clinics. The Dental & Orthodontic clinics segment held major share of the global market in 2021. Demand for medical equipment, including Clear Aligners, is high in Dental & Orthodontic clinics due to the rising number of patients visiting for treatment.
By Age
· Adults
· Teenagers
By Material
· Polyurethane
· Plastic Polyethylene Terephthalate Glycol
· Poly-vinyl Chloride
By Duration
· Comprehensive malfunction
· Medium treatments
· Small little beauty Alignments
By End User
· Hospitals
· Dental and Orthodontic Clinics
Global Clear Aligners Market: Regional Analysis
All the regional segmentation has been studied based on recent and future trends, and the market is forecasted throughout the prediction period. The countries covered in the regional analysis of the Global Clear Aligners market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.
Global Clear Aligners Market: Estimation
Both the top-down and bottom-up approaches were used to estimate and validate the size of the market and to estimate the size of various other dependent sub-markets of various marketspaces. The key players in the markets are identified through secondary research, and their market contributions in different applications across regions and globally were determined through primary and secondary research. This entire process included the study of the annual and financial reports of the top market players and extensive interviews for key insights with industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares, splits, and breakdowns were determined using secondary sources and verified through primary sources. All the possible parameters that affect the market covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analysed to arrive at the final quantitative and qualitative data. This data has been consolidated, and detailed inputs and analysis from Analytics Market Research added before being presented in this report.
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