Market Overview:
Clear aligners are transparent dental braces used to align teeth and treat malocclusion. They are nearly invisible and more comfortable than metal braces. Clear aligners aid in delivering better occlusion, function, and aesthetics with fewer health risks as compared to traditional orthodontic treatment.
The global Clear Aligners Market is estimated to be valued at US$ 3.92 Bn in 2023 and is expected to exhibit a CAGR of 17% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.
Market key trends:
Technological advancements are boosting the clear aligners market growth. Manufacturers are focusing on developing advanced clear aligners with improved material, tracking system, and performance. For instance, virtual treatment planning systems that allow adjusting movements and simulating intraoral positioning without putting aligners in the mouth. Clear aligners have various attachments to facilitate desired tooth movements and closure of gaps. 3D printed attachments and aligners adapted to each patient's teeth structure enhance results. Increased adoption by teenagers due to aesthetic appeal is another key trend.
Segment Analysis
The clear aligners market is segmented into Teenagers and Adults. The adult segment currently dominates the market as adults are increasingly adopting clear aligners due to the convenience they offer over traditional metal braces. Adults want discreet and comfortable treatment options that do not hamper their professional and social lives. Clear aligners are virtually invisible and removable, making them a preferred choice for adult patients.
Key Takeaways
The global clear aligners market is expected to witness high growth, exhibiting CAGR of 17.% over the forecast period, due to increasing awareness about advanced orthodontic treatments and rising disposable income.
Regional analysis
North America currently dominates the global clear aligners market owing to the presence of major players and high adoption rates in the region. However, Asia Pacific is expected to grow at the fastest pace during the forecast period due to rising awareness and growing medical tourism in nations like India and China.
Key players
Key players operating in the clear aligners market are Align Technology, Inc., DynaFlex, Dentsply Sirona, Inc., SmileDirectClub, Straumann Group, Danaher, Henry Schein, Inc., Great Lakes Dental Technologies, Rocky Mountain Orthodontics, eXceed, 3 M, Argen Corporation, Illusion Aligners, Candid Care Co., Tianjin ZhengLi Technology Company Limited, Scheu Dental, TP Orthodontics, Inc., K-Line Europe, 32 Watts, and Klear Aligner. Align Technology dominates the global clear aligners market with innovative product offerings and extensive global presence.
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