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Clear Aligners Market to be worth $18.8 Billion by 2030

06-22-2023 01:37 PM CET | Health & Medicine

Press release from: Meticulous Research®

Clear Aligners Market

Clear Aligners Market

The Clear Aligners Market is expected to reach $18.8 billion by 2030, at a CAGR of 19.8% from 2023-2030. The growth of this market is driven by the rising number of patients with malocclusion, product launches and approvals, technological advancements in dentistry, and the increasing demand for aesthetic dentistry. Moreover, the growing demand for customized aligners is expected to create growth opportunities for the players operating in this market. However, the high prices of clear aligners restrain the growth of this market. Additionally, the lack of awareness regarding dental health problems and poor access to quality dental care in developing countries are the major challenges to the market.

Rising Prevalence of Malocclusion Drives the Clear Aligners Market

Malocclusion is the third most common oral health problem globally, following periodontal disease and tooth decay. According to data from the European Journal of Pediatric Dentistry, during 2009-2019, the global prevalence of malocclusion was 56%. Africa had the highest prevalence (81%), followed by Europe (72%), America (53%), and Asia (48%). Malocclusion in children and adolescents is a common condition that affects one out of every two people globally.

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Key Players:

The key players operating in the global clear aligners market are Align Technology, Inc. (U.S.), Institut Straumann AG (Switzerland), Dentsply Sirona Inc. (U.S.), 3M Company (U.S.), Envista Holdings Corporation (U.S.), Argen Corporation (U.S.), TP Orthodontics, Inc. (U.S.), Dentrum GMbH & Co.KG (Germany), Dynaflex (U.S.), Angelalign Technology Inc. (China), SmileDirectClub, Inc.(U.S.), G &H Orthodontics (U.S.), Avinent (Spain), DentCare Aligners(India), K Line Europe(Germany), and Clearbite Aligners (Australia).

Global Clear Aligners Market: Future Outlook:

The global clear aligners market study presents historical market data in terms of values (2021 and 2022), estimated current data (2023), and forecasts it for 2030 - Clear Aligners Market by Material (Polyurethane, Polyethylene terephthalate glycol (PETG), and Other Materials), Type (At-home Aligners, In-office Aligners), Age Group (Teenagers/Children, Adults), Distribution Channel (Offline and Online), End User (Dental Hospitals and Clinics, Dental Laboratories, and Direct-to-consumer (DTC)), and Geography. The study also evaluates industry competitors and analyzes their market share at the global and regional levels.

Based on material, in 2023, the polyurethane segment is expected to account for the largest share of the clear aligners market. Polyurethanes are a special class of segmented block copolymers, consisting of alternating sequences of soft and hard segments. Polyurethane plastic is a clear material, comfortable for the wearer, and reduces irritation caused by metal braces, owing to which its adoption is higher.

Based on type, the in-office aligners segment is expected to account for the largest share of the clear aligners market in 2023. The large share of this segment is mainly attributed to dental examinations by experts, reduced risk of dental injuries, and technological advancements. In-office clear aligner treatment improves the effectiveness of orthodontic care delivery. The technology used in in-office aligner treatment, such as CAD/CAM services, improves the practice workflow during clear aligner therapy. These factors are expected to contribute to the largest share of the segment.

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Based on age group, the adults segment is expected to account for the largest share of the clear aligners market in 2023. The large share of this segment is primarily attributed to the high prevalence of dental conditions such as malocclusion in adults. According to Align Technology, Inc. (U.S.), every year, 60% to 75% of the global population is affected by malocclusion. The increasing prevalence of malocclusion and other oral illnesses, growing focus on oral hygiene, and rising need for aesthetic dentistry drive the segment share.

Based on distribution channel, the offline channel segment is expected to account for the largest share of the clear aligners market in 2023. The large share of this segment is primarily attributed to its higher product reliability through offline channels, enhanced consumer interaction, and preferred channels by consumers and manufacturers. The market players who offer clear aligners through offline distribution channels provide attractive offers for dentists and orthodontists, which helps them get products at discounted prices and helps OEMs increase the per-patient profit.

Based on end user, the dental hospitals and clinics segment is estimated to account for the largest share of the clear aligners market in 2023. Dental hospitals and clinics are the major end users of clear aligners. Most of the patient pool prefers to get treated for malocclusion disorder in dental hospitals and clinics as they have well-established infrastructure and are well-equipped to get effective treatment. Also, skilled dentists and orthodontists provide better patient treatment, supporting the largest share of the market.

Based on geography, North America is estimated to account for the largest share of the clear aligners market in 2023. The large share of the North American region can be attributed to the increasing awareness about dental hygiene, rising demand for cosmetic dentistry, presence of established infrastructure for orthodontics, and presence of global and local key players. Additionally, increasing the utilization rate of clear aligners by dentists and orthodontists in North America is also driving the regional market share.

Geographic Review

This research report analyzes major geographies and provides a comprehensive analysis of North America (U.S., Canada), Europe (Germany, U.K., France, Italy, Spain, and the Rest of Europe), Asia-Pacific (Japan, China, India, South Korea, and Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa

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Key questions answered in the report-

Which are the high-growth market segments in terms of type, material, age group, distribution channel, end user, and country/region?

What was the historical market for clear aligners across the globe?

What are the market forecasts and estimates for the period 2023-2030?

What are the major drivers, restraints, challenges, and opportunities in the global clear aligners market?

Who are the major players in the global clear aligners market?

About Us

We are the trusted research partners for leading businesses around the world, providing market intelligence focused towards building revenue transformation strategies. Our research is used by Fortune 500 organizations to attain success by scouting next generation revenue opportunities well ahead of their competition.

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Meticulous Research®
Email- sales@meticulousresearch.com
Contact Sales- +1-646-781-8004
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