September 20, 2021
As cited by 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 Market Study Report LLC, global clear aligner market amassed USD 2367.17 million in 2020 and is projected to grow with a strong CAGR over 2021-2026.
Growing prevalence of dental malocclusion is a major factor driving the global clear aligners market growth. Growing competition for advanced product launches for scanning and 3D printing by prominent players, increasing awareness among people about dental care, and higher spending capacity are augmenting the industry scope.
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Focus on improve aesthetics leading to preference for clear aligners in orthodontic treatment is propelling the market development. Furthermore, major technological advancements, improving economic indicators, and increased penetration of prominent companies in the developing regions are positively swaying the industry dynamics.
Speaking of the negatives, the covid-19 pandemic hindered the market progression in the past year with many operational challenges due to restrictive containment measures comprising remote working, social distancing, and closure of commercial activities. However, companies are not recovering from this global crisis with adoption of new safety measures, which help the industry regain its vigor.
Based on age, global clear aligner industry is segmented into adults, and teenagers. Considering the end user range, the marketplace is categorized into hospitals, and dental & orthodontic clinics.
The geographical analysis of the industry emphasizes on North America (United States, Canada), Asia Pacific (China, South Korea, India, Japan, Singapore, Indonesia), Europe (U.K., Germany, France), Latin America, and Middle East & Africa.
Prominent players influencing worldwide clear aligner industry are Carestream Health Inc., Geniova Technologies S.L., Straumann Group, SmileDirectClub, Henry Schein Inc., Ivoclar Vivadent AG, Danaher Corporation, 3M Company, Dentsply Sirona, and Align Technology.