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Dental Aligners Market Expected to Reach USD 11.3 Billion by 2031

02-07-2024 04:46 PM CET | Health & Medicine

Press release from: Transparency Market Research

Dental Aligners Market

Dental Aligners Market

The global market for dental aligners was valued at US$ 4.6 billion in 2021 and is projected to grow steadily at a CAGR of 8.7% from 2022 to 2031, reaching US$ 11.3 billion by 2032. Misaligned teeth, or malocclusion, are a prevalent dental issue worldwide, driving the demand for dental aligners as an effective solution. The market is characterized by a growing emphasis on personalized treatments and increasing prevalence of malocclusion cases.

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Key Findings of the Market Report:

Demand for personalized dental aligners, especially among teenagers, is significantly increasing.
Clear aligners are expected to dominate the market during the forecast period.
The adult market segment held a substantial share of about 60.0% in 2021, with orthodontics being the leading sector.
North America is poised for significant market growth due to rising malocclusion rates and favorable reimbursement practices.

Market Trends for Dental Aligners:

The adult market segment is expected to grow steadily, driven by increasing prevalence of malocclusion in adults.
Teenagers category is projected to grow at a slightly higher CAGR during the forecast period.
The orthodontics sector is anticipated to maintain substantial growth throughout the forecast period.

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Regional Market Outlook:

North America is expected to lead the market, driven by rising malocclusion rates and favorable reimbursement practices.
The US dental aligner market is forecasted to grow at a noteworthy CAGR of over 8.5% from 2022 to 2031, fueled by increasing malocclusion prevalence and dental care spending.
Asia Pacific market is projected to grow rapidly at a CAGR of 9.6%, attributed to rising demand for clear aligners in countries like India and China.
Key Players:

The global dental aligners market is fragmented, with several notable competitors holding significant market share.
Key players include Institut Straumann AG, Dentsply Sirona, Argen Corporation, Henry Schein, Inc., OraPharma, Envista Holding Corporation, Ormco Corporation, and TP Orthodontics, Inc.
These companies invest heavily in research and development to introduce innovative products to the market.
Key Developments by Key Players:

OraPharma launched the OraFit Custom Clear Aligner System in the US, aimed at treating malocclusion effectively.
Ormco Corporation released the 13th version of Spark Clear Aligners, featuring integrated hooks and real-time approval to enhance treatment planning and efficiency.
Global Dental Aligners Market Segmentation:

Product: Braces, Clear Aligners
Material: Metal, Polyurethane Plastic, Polyethylene Terephthalate Glycol, Acrylic Resin, Others
Age Group: Adults, Teenagers
End-user: General Dentists, Orthodontists
Region: North America, Latin America, Europe, Asia Pacific, Middle East & Africa

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About Transparency Market Research

Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants use proprietary data sources and various tools & techniques to gather and analyses information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

Contact:

Nikhil Sawlani
Transparency Market Research Inc.
CORPORATE HEADQUARTER DOWNTOWN,
1000 N. West Street,
Suite 1200, Wilmington, Delaware 19801 USA
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453

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