Clear Aligners Market: Global Industry Analysis and Opportunity Assessment - Insights 2024

The clear aligners market size has grown exponentially in recent years. It will grow from $3.83 billion in 2023 to $5.2 billion in 2024 at a compound annual growth rate (CAGR) of 35.8%. The growth in the historic period can be attributed to high prevalence of malocclusions, growing demand for dental services in emerging markets, and favorable government initiatives.

The clear aligners market size is expected to see exponential growth in the next few years. It will grow to $15.39 billion in 2028 at a compound annual growth rate (CAGR) of 31.2%. The growth in the forecast period can be attributed to increasing dental tourism and technological advancement. Major trends in the forecast period include implementation of artificial intelligence (ai) to improve dental service, replace traditional wax molds with digital impressions, invest in dental 3d printing, and considering acquisition, mergers and collaboration.

Market Overview -
Clear aligners are orthodontic devices that are used to align and straighten the teeth by using force to regulate their movement. The aligners are crafted to fit each person's mouth out of a sturdy plastic material. If a series of aligners is required, the teeth are moved incrementally with each aligner until the necessary movement is attained.

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Clear Aligners Market On The Rise Due To Increasing Prevalence Of Dental Malocclusion
The rising prevalence of dental malocclusion across the world is the major factor responsible for the growth of the clear aligners market. Malocclusion is a medical disorder where the teeth are misaligned and/or incorrect relation between the teeth of the upper and lower dental arches. The incidence of malocclusion is high with variations between various geographic regions and age groups. It is one of the most common dental problems along with dental caries, gingival disease, and dental fluorosis. For instance, in October 2021, according to reports from Star Orthodontics, nearly 56% of people globally will have malocclusion. The majority of malocclusion instances are found in Africa, where the frequency of malocclusion is 81%, and these numbers are expected to increase in the coming years. This shows the increase in the adoption rate of clear aligners for straightening and aligning of misaligned teeth contributing to the growth of the market.

Competitive Landscape -
Major companies operating in the clear aligners market report are Align Technology Inc., Henry Schein Inc., Dentsply Sirona, Straumann Group, The 3M Company, Envista Holdings Corporation, 3Shape A/S, Argen Corporation, TP Orthodontics Inc., Great Lakes Dental Technologies, Toothsi, Robust, ezsmile, SmilePath, Rata, SLX Clear Aligners, NewSmile, Aso Aligner, Dr Clear Aligners, Star Smile, Orthodontic Solutions, Clearbite Aligners, Clove Dental, Zenyum, Wood grove Dental Surgery, Angelalign, Keen Dental, Q&M Dental Holdings, Shenzhen Midway Dental Lab Co Ltd, Alibaba, Beforedent, RYO Dental Clinic, K Line Europe, PlusDental, UK Sedation, Straight Teeth Direct, Dentelia, DB Orthodontics, Oasis Dental Care, German Dental Clinic Ltd, Colosseum Dental UK (CDUK¬), Alpha Dental Group, Portman Dental Care

Revolutionizing Clear Aligners With Dental 3D Printing Technology
Dental 3D printing is an emerging technology in the clear aligners market. 3D printing has many applications in the dental industry which include bridge models, surgical guides, clear aligners, and dentures. However, clear aligner manufacturing is the most common use of dental 3D printing, as it helps in designing clear aligners cost-effectively. The majority of clear aligners manufacturers are currently using 3D-printed molds for manufacturing clear aligners. For instance, in January 2021, Candid and Carbon partnered to produce 3D printed clear aligners using Carbon's L1 printing technology.

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Key Segments -
The clear aligners market covered in this report is segmented -
1) By Product: Soft, Medium, Hard
2) By Age Group: Children/Teenagers, Adults
2) By Material Type: Polyurethane Plastic, Polyethylene Terephthalate Glycol (PETG), Poly-Vinyl Chloride (PVC), Other Material Types
3) By End-User: Hospitals, Dental And Orthodontic Clinics

Key highlights covered in the report -
1. Detailed market size forecast and historical data analysis
2. Key drivers influencing market growth
3. Identification of upcoming trends and potential opportunities in the market
4. Analysis of major players strategies, to understand competitive dynamics and market positioning
5. Evaluation of regional dynamics

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