April 13, 2022
According to the research report titled ‘Global Clear Aligner Market (2021 Edition) - Analysis by Age (Teenagers, Adults), End User (Hospitals, Dental and Orthodontic Clinics), By Region, By Country: Market Insights and Forecast with Impact of COVID-19 (2021-2026)’, available with MarketStudyReport, global clear aligner market was worth USD 2367.17 million in 2020 and is estimated to grow at a healthy CAGR over the forecast period 2021-2026.
As per report findings, increasing cases of dental malocclusion, growing awareness about the condition, and wider product availability are acting as a major impetus to global clear aligner market growth. Moreover, factors such as surging demand for aesthetics, improved economic indicators in various countries, and growing product penetration in developing regions are also boosting the industry’s remuneration scope.
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Notably, the COVID-19 pandemic had caused major disruptions in normal industry operations, due to imposition of restrictive containment measures that involved remote working, social distancing, and halting of most commercial activities. However, the bottled-up demand and low penetration levels will create several new opportunities for players operating in this domain over the upcoming years.
Additionally, increasing competition for the launch of advanced scanning and 3D printing devices, and rising consumer spending are further propelling the market development.
Based on age range, global clear aligner market is bifurcated into teens and adults, while the end user spectrum consists of dental & orthodontic clinics, and hospitals.
On the regional front, the research literature covers areas including North America (United States, Canada), Europe (Germany, U.K, France) , Asia Pacific (Japan, China, Singapore, South Korea, Indonesia) and LAMEA.
Considering the competitive landscape, companies such as Align Technology Inc., Ivoclar Vivadent AG, Carestream Health Inc., Geniova Technologies SL, Institut Straumann AG, Smile Direct Club, Henry Schein Inc., Danaher Corp., 3M Company, and Dentsply Sirona predominantly influence worldwide clear aligner industry trends.