Align Technology, Inc., launched their Go Clear Aligners System in April 2018, integrated with ITERO SCANNER. This was specially designed to provide greater flexibility in treating various dental conditions such as crowded teeth alignment, or teeth gap, and others. Such innovations are likely to bode well for the clear aligners market in the long run. According to Fortune Business Insights, the market is anticipated to rise exponentially on account of the rising demand for dental care among both adults and teenagers.
According to a report by Fortune Business Insights, the market is categorized into orthodontic clinics, dental clinics, and hospitals, on the basis of end user. In 2018, the orthodontist and dental clinics segments accounted for the larger clear aligners market share because of the rising popularity of dental professionals to treat problems of the mouth and its related diseases.
The report on market by Fortune Business Insights is titled, “Clear Aligners Market: Global Market Analysis, Insights, and Forecast, 2018 – 2026”. According to the report, the market is anticipated to reach US$ 8.2 Bn by 2026 from US$ 2.2 Bn in 2018 with a CAGR of 17.1% within the forecast period of 2019 to 2026.
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“Increasing Need to Correct Teeth Misalignment to Create Lucrative Growth Opportunities for Market”
The rising incidence of malocclusion across the globe is a major factor boosting the market. Transparent aligners treat teeth misalignment cases with invisibility and ease, thus attracting a large population towards opting for clear aligners.
In addition, traditional aligners were made of metal which further resulted in cuts and bruises in the mouth, whereas clear aligners are completely safe and guarantees no cuts or bruises making their preference scale higher than the traditional ones. This is further anticipated to help the clear aligners market share rise higher during the forecast period.
Top players in the Clear Aligners Market include:
• Align Technology, Inc.
• 3M
• 3Shape A/S
• Danaher
• DENTAURUM GmbH & Co. KG
• Dentsply Sirona
• Henry Schein, Inc.
“North America to Emerge Dominant, Trailed by Europe”
Fortune Business Insights foresees the clear aligners market in North America to dominate, owing to the presence of major players in the developed nations of the region. Besides this, the market in Europe is likely to emerge as the second largest market after North America. This is owing to the increasing awareness regarding recent development in dental hygiene and various options available for treating teeth misalignment.
On the other hand, Asia Pacific market is prognosticated to emerge as the fastest growing segment especially due to increasing demand for clear aligners in developing economies, namely India and China. Align Technologies, Inc., a leading market player predicts an explosive growth in the sales volume in 2018. The company also predicts that the aesthetical appearance of clear aligners will also help to upsurge its demand, especially among adults and this will help the market IN China emerge as the fastest growing market, just after the U.S.
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Market Segmentation:
By End-User
• Hospitals
• Dental & Orthodontic Clinics
By Geography
• North America (U.S. and Canada)
• Europe (U.K., Germany, France, Italy, Spain, Scandinavia, and Rest of Europe)
• Asia Pacific (Japan, China, India, Australia, Southeast Asia, and Rest of Asia Pacific)
• Rest Of World
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