Press release
Clear Aligners Market Forecast 2024-2033 - Major Trends, Segments And Fastest Growing Regions | Align Technology Inc., Henry Schein Inc., Dentsply Sirona, Straumann Group
"The Business Research Company has recently revised its global market reports, now incorporating the most current data for 2024 along with projections extending up to 2033.Clear Aligners Global Market Report 2024 by The Business Research Company offers comprehensive market insights, empowering businesses with a competitive edge. It includes detailed estimates for numerous segments and sub-segments, providing valuable strategic guidance.
The Market Size Is Expected To Reach $15.39 billion In 2028 At A CAGR Of 31.2% :
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.
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Clear Aligners Market Major 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 Driver - 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.
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Prominent Trend - 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.
Clear Aligners Market Players
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
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Largest And Fastest Growing Region In The Market
North America was the largest region in the clear aligners market in 2023. Western Europe was the second largest region in the global clear aligners market share. The regions covered in the clear aligners market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
The Table Of Content For The Market Report Include:
1. Executive Summary
2. Clear Aligners Market Report Structure
3. Clear Aligners Market Trends And Strategies
4. Clear Aligners Market - Macro Economic Scenario
5. Clear Aligners Market Size And Growth
…..
27. Clear Aligners Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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