PUBLISHER: Polaris Market Research | PRODUCT CODE: 1505020
PUBLISHER: Polaris Market Research | PRODUCT CODE: 1505020
The global clear aligners market size is expected to reach USD 43.10 billion by 2032, according to a new study by Polaris Market Research. The report "Clear aligners Market Share, Size, Trends, Industry Analysis Report, By Age; By Material Type; By End-Use; By Distribution Channel (Offline, Online); By Region; Segment Forecast, 2024 - 2032" gives a detailed insight into current market dynamics and provides analysis on future market growth.
Clear aligner orthodontic therapy is faster than conventional braces, being easy to remove, making them easier to floss and brush after meals and less prone to irritate the gums and cheeks, hence accelerating the growth of transparent aligners. Clear aligner treatment has various advancements, with the introduction of computer-aided technology significant changes. In May 2022, Align Technology announced the availability of its new CBCT integration functionality for its "ClinCheck" software to operate dental procedures. This integration allows clinicians to use Invisalign transparent aligners to diagnose and treat various clinical situations.
Business expansion by the key players with high demand from emerging countries is expected to deepen the competitive environment. In line with this, in November 2022, the uLab manufacturing plant situated in Memphis, Tennessee, is committed to environmentally friendly production of 80 percent of the molds used to make the clear aligner products are recycled; with advancement of this technology, people's acceptance of dental treatments such as transparent aligners have grown.
Furthermore, in underdeveloped nations, the expensive equipment cost discourages dental practitioners from using the product. As a result, the high cost of transparent aligners may hinder its market expansion.
Regenerative dentistry is now used primarily in orthodontics to regenerate bone to eliminate and treat bone abnormalities that operate one's autologous stem cells. In June 2021, Ormco Corporation received clearance from the FDA for its "Spark Clear Aligner System," which is planned for treating mixed dentition in children & teens.
The adults garnered the most significant category as teens increasingly prefer transparent aligners because of their unobtrusive qualities and comfort.
The standalone practices segment held the most significant revenue share as independent practitioners quickly embraced clear aligner systems and were equipped with modern digital technologies.
North America will lead the worldwide market due to expanding demand for innovative technologies, a big pool of major players, rising frequency of dental problems, and improved healthcare infrastructure.
Global players include 3M ESPE, Angel Aligner, Argen Corporation, Dentsply Sirona, Envista Corporation, Henry Schein, Institute Straumann, SmileDirect Club, Align Technology, and TP Orthodontics.
Polaris Market Research has segmented the clear aligners market report based on age, material type, end-use, distribution channel, and region: