Global Clear Aligners, Market Analysis, Growth Trends, Industry Overview 2024

The Business Research Company recently released a comprehensive report on the Global Clear Aligners Market Size and Trends Analysis with Forecast 2024-2033. This latest market research report offers a wealth of valuable insights and data, including global market size, regional shares, and competitor market share. Additionally, it covers current trends, future opportunities, and essential data for success in the industry.

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According to The Business Research Company's, 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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Market Drivers and Trends:

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.

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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Major Key Players of the Market:

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

Clear Aligners Market 2024 Key Insights:

• 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%.
• Clear Aligners Market On The Rise Due To Increasing Prevalence Of Dental Malocclusion
• Revolutionizing Clear Aligners With Dental 3D Printing Technology
• North America was the largest region in the clear aligners market in 2023

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The Business Research Company ( https://www.thebusinessresearchcompany.com ) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.

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