USD 3.15 Billion
Report ID:
SQMIG35A2574 |
Region:
Global |
Published Date: September, 2024
Pages:
157
|Tables:
169
|Figures:
79
Clear Aligners Market size was valued at around USD 3.5 billion in 2022 and is expected to rise from USD 5.10 billion in 2023 to reach a value of USD 43.4 billion by 2031, at a CAGR of 30.7% over the forecast period (2024–2031)
Clear aligners are a series of snug-fitting, personalized mouthguards or orthodontic devices that can realign crooked or out-of-place teeth. Clear aligners are nearly unnoticeable, removable alternatives to braces that were created with the comfort and flexibility of patients in mind. The overall market expansion is being fueled by elements including the expanding number of patients with malocclusions, the development of dental technology, and the rising desire for personalized clear aligners.
Additionally, the business reported that in 2020, the adoption of Invisalign aligners by adults as well as adolescents climbed by 36.7% and 38.7%, respectively, and that during the pandemic, the adoption of aligners among teenagers or younger patients was at its peak. The main driver of this marker's growth was a greater reluctance among people to acquire traditional braces for their teeth, which boosted the use of transparent aligners. Pandemics' arrival aided the industry's growth in terms of acceptance, sales, & revenue, and this pattern is anticipated to hold in the next few years.
As dental disorders become more prevalent, new developments like 3D perception systems, additive fabrication, nickel and even copper-titanium wires, digital scanning the internet, CAD/CAM appliances, short-term anchorage devices, and clear aligners are among the most recent ones that are making orthodontic procedures more effective, efficient, and predictable. In order to treat mild to moderate misalignment disorders, dental treatments are now customized, and technologies such as digital impression technology like iTero by Align Technology are helping to produce precise and customized clear aligner systems.
These invisible aligners are created using computer-aided design (CAD-CAM), thermoformed plastic materials such copolyester or polycarbonate, and virtual digital models. Due to the inconvenience that ceramic & metal braces cause as well as the persistent gum discomfort, patients and dentists are employing transparent aligners more frequently. The aligner is flexible and meant to be comfortable for the user. The Dental Tribune, clear aligner technology has fast gained popularity as a fixed device solution for straightening teeth because it is an attractive and pleasant option. The main manufacturer of clear aligners is Invisalign, and other brands that are available include Clear Correct, In man Aligner, & Smart Moves. The market's expansion is likely to be hampered by issues like the high price of clear aligners, the dearth of dentists in developing regions, and the restricted availability of insurance for orthodontic procedures.
US Clear Aligners Market is poised to grow at a sustainable CAGR for the next forecast year.
Global Market Size
USD 3.15 Billion
Largest Segment
Adults
Fastest Growth
Adults
Growth Rate
30.08% CAGR
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Global Clear Aligners Market is segmented by Age, material type, end-use, dentist type, duration, distribution channel, and region. Based on Age, the market is segmented into Adults, and Teens. Based on Material Type, the market is segmented into Polyurethane, Plastic Polyethylene Terephthalate Glycol, and Others. Based on End Use, the market is segmented into Hospitals, Stand Alone Practices, Group Practices, Others. Based on Dentist type, the market is segmented into General Dentists, Orthodontists. Based on Duration, the market is segmented into Comprehensive malfunction (treatment > 12 month/ > 40 sets of Aligner), Medium treatments (treatment > 6-12 month/ 20-40 sets of Aligner), Small little beauty Alignments (treatment <4-6 month/ <20 sets Aligner). Based on Distribution Channel, the market is segmented into Online, and Offline. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & and Africa.
Clear Aligners Market Analysis by Age
The adult’s category, which is projected to have a market share of 61.2% in 2022, is expected to grow at a significant CAGR throughout the forecasted period. Based on age, the market is separated into adult & teen sectors. Dental problems like malocclusion are relatively common in humans and can affect dentofacial aesthetics, expression, swallowing, and mastication disorders in addition to reducing quality of life and increasing vulnerability to trauma & periodontal disease. Acceptable aesthetic appearance, particularly dental appearance, is highly valued in culture. Compared to other age groups, adolescents are more prone to report rising concern over their oral appearance. One of the orthodontic treatments that is expanding the fastest is aligner therapy, which is largely driven by patients who view it as a more pleasant, practical, and unobtrusive alternative to fixed appliances.
The teen market is expected to develop significantly over the projected period. Class I or Class II imperfections are the most prevalent in the general population, according to NCBI, and clear aligners, that are effective in correcting these conditions, have progressively gained in popularity. This is so they can preserve their appealing appearance while avoiding the discomfort that metal braces may cause. For these reasons, more and more teenagers are selecting transparent aligners to cure their dental problems. Approximately 1 million children have started orthodontic treatment using Invisalign's clear aligners.
Clear Aligners Market Analysis by Material Type
The polyurethane industry maintained the largest market share of 76.7% in 2022 thanks to the availability of clear aligners for Invisalign made of this material type. Depending on the kind of material utilized, the market is segmented into sections for plastics made from polyethylene terephthalate, ethylene glycol, polyurethane, and various other materials. When employed as a component of an aligner, polyurethane has a number of benefits. It may be used for both hard and soft sections because of the wide range of properties it possesses. This substance can be utilized to make products that are both strong enough to press teeth into alignment and soft enough for them to be worn for extended periods of time.
Patients must maintain their aligners in place and not take them out for treatment to be effective. These aligners also won't be harmed by typical actions like grinding and biting. Furthermore, when utilized to produce aligners, polyurethane (PU) PU foils are thought to provide more advantages than PETG.
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North America dominated the global market in 2022, with 57.1% of the total market share, and is predicted to grow significantly over the course of the forecast period. This is attributable to rising R&D expenditures, local presence of major international companies, and those companies' efforts to get new patents. According to an American Dental Association poll, 85% of Americans genuinely appreciate their dental health and view it as a crucial component of total care. 25% of the four million Americans who are wearing braces are adults. Many patients who want to whiten their smile but don't want the metal-mouth appearance of braces have expressed interest in the clear tray-style aligners that have just been introduced. The market for aligners has grown in the area as a result of factors such rising awareness among consumers of recent advancements in dental hygiene, the availability of many practical solutions for addressing tooth misalignment, and an increase in beauty standards.
The APAC region is predicted to have the highest CAGR of 32.02% over the projection period due to the rising demand for clear aligners in developing economies like India and China. The aligner systems' aesthetic appeal contributes to the increase. Align Technology has announced the introduction of the Invisalign systems, which are aimed at India's over 80 million urban inhabitants, as sales of high-end oral care items account for a major share of the market. These systems include the clear aligners Aligners Full, Invisalign Teen, and Invisalign Lite.
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Clear Aligners Market Drivers
Increasing Demand for Aesthetic Dental Treatments
Growing Awareness and Acceptance
Clear Aligners Market Restraints
Higher Costs Compared to Traditional Braces
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The rapid acceptance of cutting-edge digital technologies, including intraoral scans, digital tooth models, 3D printers, and CAD/CAM equipment, is one of the main drivers boosting competition among market competitors. Furthermore, a sizable portion of these firms are swiftly choosing strategic alliances and expansions to broaden their reach geographically, boost sales volume in developing and economically advantageous locations, and launch new products.
Clear Aligners Market Top Player’s Company Profiles
Clear Aligners Market Recent Developments
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Co-relates and Analyzes the Data collected by means of Primary Exploratory Research backed by the robust Secondary Desk research.
According to our global clear aligners market analysis, the Increasing awareness about orthodontic treatment options, including clear aligners, has led to higher acceptance among both patients and orthodontic professionals are the key growth drivers. The improved understanding of the benefits and effectiveness of clear aligners has contributed to market growth. However, The APAC region is predicted to have the highest CAGR of 32.02% over the projection period due to the rising demand for clear aligners in developing economies like India and China. The aligner systems' aesthetic appeal contributes to the increase.
Report Metric | Details |
---|---|
Market size value in 2022 | USD 3.5 billion |
Market size value in 2031 | USD 43.4 billion |
Growth Rate | 30.7% |
Base year | 2023 |
Forecast period | 2024–2031 |
Forecast Unit (Value) | USD Billion |
Segments covered |
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Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
Companies covered |
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Executive Summary
Market overview
Parent Market Analysis
Market overview
Market size
KEY MARKET INSIGHTS
COVID IMPACT
MARKET DYNAMICS & OUTLOOK
Market Size by Region
KEY COMPANY PROFILES
For the Clear Aligners Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Clear Aligners Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
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Report ID: SQMIG35A2574