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Clear Aligners Market Size [2022 – 2028] to reach USD 10.04 Billion [CAGR 19.7%] | Industry Share, Growth , Development Strategy

The global ”clear aligners Market” size is expected to showcase considerable growth by reaching USD 10.04 billion by 2028 while exhibiting a stellar CAGR of 19.7% between 2022 and 2028. Fortune Business Insights in its latest report, titled, “Clear Aligners Market, 2022-2028”, mentions that the market stood at USD 2.41 billion in 2020 and is likely to showcase exponential growth during the forecast period. This is attributable to the increasing focus on the development of advanced clear aligners and the growing demand for aesthetics among the young generation globally. In September 2020, Align Technology, Inc., announced the launch of Invisalign Stickables. The innovative stickers are designed primarily to be adopted with the SmartTrack material in the clear dental aligners.

The effect of the global pandemic, COVID-19, has been felt across several economies that are facing unprecedented loss. Owing to the lockdown announced by the government agencies, several industries have been on a standstill with limited operational activities. However, a collective effort from the government as well as the industries is likely to bring the economy back on track and aid in resumption of industrial activities.

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Carbon Partners Candid to Develop 3D Printed Customizable Clear Dental Aligners

In January 2021, Candid, a leading orthodontics company, announced its partnership with 3D printer OEM, Carbon. The partnership is aimed at developing advanced highly-customizable 3D printed clear aligners for dental procedures. The product is expected to cater to the growing demand from dental professionals that prefer outsource of aligner manufacturing work.

Phil DeSimone, Chief Product & Business Development Officer, Carbon, says, “We are excited to partner with Candid to help them deliver best aligners as per the customer’s requirement and enable dental professionals to provide effective and affordable treatment procedures for patients.” Such initiatives are expected to bode well for market growth in the forthcoming years.

Increasing Prevalence of Dental Malocclusion to Favor Growth

According to an article published by the European Journal of Pediatric Dentistry, around 25% to 35% of teenagers in Europe suffer from malocclusion or misalignment of the teeth. The increasing prevalence of dental malocclusion is expected to boost the adoption of advanced clear aligners that effectively treat the condition globally. Additionally, the increasing focus on addressing the unmet needs of patients that include high costs associated with dental procedures and formulation of supportive policies for dental treatments is expected to bode well for the global clear aligners market growth during the forecast period.

Major Clear Aligners Market Key players covered in the report include:

  • Align Technology, Inc. (San Jose, U.S.)
  • 3M (Maplewood), U.S.)
  • Institut Straumann AG (Basel, Switzerland)
  • Ormco Corporation (Envista) (Brea, U.S.)
  • 3Shape A/S (Copenhagen, Denmark)
  • Dentsply Sirona (York, U.S.)
  • Argen Corporation (San Diego, U.S.)
  • Henry Schein, Inc. (Melville, U.S.)

Market Segmentation:

We have categorized the global market for clear aligners based on patient age group, end-user, and region. On the basis of the patient age group, the market is segmented into teenagers and adults. Based on end-user, the market is categorized into hospitals and dental & orthodontic clinics. Furthermore, based on end-users, the dental & orthodontic clinics segment is expected to showcase exponential growth backed by the increasing prevalence of malocclusion disorder globally.

Lastly, based on the region, the market is divided into North America, Asia-Pacific, Europe, and Rest of the World.

Increasing Focus on Under-Penetrated Region to Augment Growth

The Middle East and Africa and other emerging economies are still untapped and present lucrative opportunities for the market players to strengthen their position. In addition to this, supportive government initiatives to create awareness among the population regarding oral health is driving the demand for advanced clear aligners across the globe. This is expected to bode well for the global clear aligners market growth in the forthcoming years.

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Carlton is the contributing author of electronic security. His field of communication is fascinating since he writes about that side of the industry which is costly, less used but more inclined upon by developed countries. Electronic securities have been seeing an upward graph nowadays, but the current scenario still needs to be changed. Carlton’s articles reflect the real happening wrapped up in formally written words.

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