Global Clear Aligners Market, by Material Type (Polyurethane Plastic, Polyethylene Terephthalate Glycol (PETG), Poly-vinyl Chloride (PVC), and Others {Ethylene vinyl acetate, Polypropylene, among others}), by Age Group (Children/Teenagers and Adults), by End User (Hospitals, Dental and Orthodontics Clinics, and Others {Research Institutions, Wellness Centers, among others}), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa), is estimated to be valued at US$ 3.92 billion in 2022 and is expected to exhibit a CAGR of 17.0% over the forecast period (2022-2030), as highlighted in a new report published by Coherent Market Insights.
Key players operating in the market are focusing on receiving product approvals from regulatory authorities and this is expected to drive the global clear aligners market growth over the forecast period.
For instance, in January 2021, Vitang Technology, LLC, a U.S.-based medical device company received the 510(k) approval from the U.S. Food and Drug Administration (USFDA) for its UniSmile Clear Aligner System, which is indicated for the treatment of tooth malocclusion in patients with permanent dentition by continuously providing gentle force to the misaligned teeth.
Global Clear Aligners Market – Impact of Coronavirus (Covid-19) Pandemic
COVID-19 outbreak was first reported on December 31, 2019, in Wuhan, China. According to the Coronavirus (COVID-19) Weekly Epidemiological Update by the World Health Organization, over 519 million cases and 6.3 million deaths due to Coronavirus (COVID-19) were reported up till May 15, 2022, across the globe.
The COVID-19 pandemic has affected several markets across the globe and it is expected to have a similar impact on the global clear aligners market, owing to disruptions in supply of raw materials required for production of clear aligner due to lockdowns. However, the COVID-19 pandemic is expected to have only a limited negative impact post lockdown due to rising adoption of clear aligners.
For instance, in February 2021, Align Technology, a U.S.-based medical device company announced the adoption of Invisalign clear aligners for adults and teenagers increased by 36.7% and 38.7%, respectively in fourth quarter of 2020.
Browse 47 Market Data Tables and 31 Figures spread through 165 Pages and in-depth TOC on “Clear Aligners Market”- Global Forecast to 2030, by Material Type (Polyurethane Plastic, Polyethylene Terephthalate Glycol (PETG), Poly-vinyl Chloride (PVC), and Others {Ethylene vinyl acetate, Polypropylene, among others}), by Age Group (Children/Teenagers and Adults), by End User (Hospitals, Dental and Orthodontics Clinics, and Others {Research Institutions, Wellness Centers, among others}), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa),
To know the latest trends and insights prevalent in the global clear aligners market, click the link below:
https://www.coherentmarketinsights.com/market-insight/clear-aligners-market-2411
Key players operating in the market are focusing on adoption of inorganic growth strategies such as partnerships, and others in order to strengthen their position in the market. For instance, in May 2019, Structo Pte. Ltd., a Singapore-based dental 3D printing solutions provider and uLab Systems, Inc., a U.S.-based developer of innovative in-office orthodontic treatment planning software, announced a strategic partnership to manufacture technologically advanced clear aligners using dental specific DentaForm 3D printer (Structo Pte. Ltd.) and uDesign aligner treatment planning software (uLab Systems, Inc.).
Key Takeaways of the Global Clear Aligners Market:
- The global clear aligners market is expected to exhibit a CAGR of 17.0% over the forecast period, owing to rising regulatory approvals for clear aligners. For instance, in February 2022, Johns Dental Laboratories, a U.S.-based medical equipment and supplies manufacturing company received the 510(k) approval from the U.S. Food and Drug Administration (USFDA) for its Redline clear aligner, which is indicated for treatment of treatment of tooth malocclusion in patients with permanent dentition.
- Among age group, adults segment is expected to account for the largest market share in 2022, owing to high burden of oral health problems such as crooked teeth, malocclusion, and others which require clear aligners for its treatment. For instance, according to an article published by the Orthodontics and Craniofacial Research journal, a peer-reviewed open access scientific journal, in November 2019, the prevalence of clinically meaningful mandibular incisor irregularity, overbite (Class 2 malocclusion) and overjet increased significantly with age in adults in the U.S. in 2018. The same source also states that two-third of adults in the U.S. exhibited clinically meaningful malocclusions in 2018.
- Key players operating in the global clear aligners market include 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
