Clear Aligners Market Overview
Market Research Future (MRFR) expects the clear aligners market to capture 22.09% growth from 2020 to 2027 (analysis period). The worldwide clear aligners market could touch USD 7.41 Billion by 2027. Clear aligners are invisible braces that are created using thermoformed materials including copolyester plastic backed by the CAD 3D printing technology. These are mostly preferred in place of conventional braces. Clear aligners facilitate the positioning of teeth with continuous gentle force and allow the treatment of severe or mild malocclusion. The world health organization reveals that malocclusion is the third major cause of dental issues, just behind periodontal disease as well as dental caries. Accelerated incidents of the condition worldwide will foster the deployment of clear aligners in the coming years.
Mounting interest in aesthetics paired with the heightened use of technically innovative tools in dental and orthodontic treatment will enhance the clear aligners market share. Moreover, rapid technological developments, emerging economic indicators, and international brands seeking business opportunities in emerging nations could further bolster the market worth.
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The worldwide clear aligners market is intensely competitive and is characterized by the launch of the latest clear aligners with improved features. Players further emphasize on fostering their manufacturing capacity to uplift their rankings. Most of the market participants show a keen interest in strategic collaborations and partnerships to up their consumer presence as well as brand awareness in developing countries like Brazil, India, and China.
Clear Aligners Market Segmental Analysis
Clear aligners industry can be dissected with respect to product type, age, along with distribution channel.
Product types are hard, medium, and soft.
Age groups covered in the study are teenager as well as adult. Teenagers are the leading segment and had touched a whopping USD 1427.98 million in 2018.
Top distribution channels are direct sales along with distributors.
Clear Aligners Market Regional Insight
America showcases the most compelling growth in the worldwide clear aligners market and will continue to make unparalleled progress over the coming years. The American market mostly benefits from the strong base of a flourishing aesthetic dentistry industry and the rising preference for specialized services in Canada as well as the United States. Surge in healthcare spending per individual along with the escalating demand for more sophisticated and modern technologies also favor the regional market. The mounting demand for customized clear aligners, especially among the teenagers, has been a significant trend in the region.
Europe could gain traction as the second most lucrative clear aligners market, in response to the rise in oral issues along with dental procedures. Soaring use of technically innovative treatment methods paired with the growing significance of treatment, planning and diagnosis witin the implant dentistry space will further elevate the market position.
The Asia Pacific market is rife with a number of attractive business opportunities that international brands are trying to leverage. The region consists of rapidly developing nations with equally fast-paced emerging healthcare industries. Huge advances in the region’s healthcare sector, significant rise in people’s disposable incomes, and the surging uptake of cutting-edge technologies for treating a variety of dental issues enhance the APAC clear aligners market size as well.
Clear Aligners Market Vendors
Affluent vendors in the worldwide industry include Align Technology Inc., Danaher Corporation, Institute Straumann AG, 3M, Dentsply Sirona, Clarus Company, and more.
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Bausch Health Companies Inc. and OraPharma, its oral health care brand has launched the OraFit custom clear aligner system in the US market. These clear aligners help correct malocclusion, which causes misaligned or crooked permanent teeth. The OraFit aligner system makes use of high-performance advanced materials within a three-layer design that provides the patients and the dental professionals the latest in the clear aligner technology while addressing the heightened demand for better aesthetics, more comfortable clear aligners and long-term oral health.
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