As cited by the research report titled ‘Global Clear Aligners Market Size study, by Age (Adult, Teenage), by End Use (Hospitals, Standalone Practices, Group Practices), and Regional Forecasts 2021-2027’, available with MarketStudyReport, global clear aligners market was worth USD 2.6 billion in 2020 and is projected to grow with a CAGR of 27.3%, eventually accumulating USD 14.09 billion over 2021-2027.
 

Rising demand for oral care is a major factor driving global clear aligners market growth. As per Statista, the global oral care market is likely to generate USD 55.3 billion by 2025 from USD 44.5 billion in 2019.
 

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For the record, clear aligners are transparent, thin removable trays to align teeth in the desired direction. Increasing product launches are adding traction to the overall industry size.
 

Moreover, growing prevalence of malocclusions, high concerns over dental appearance, rising adoption of customized clear aligners, and technological advancements in dental care are providing additional remuneration generation prospects for industry participants. 
 

On the downside, expensive nature of clear aligners coupled with lack of insurance coverage on orthodontic treatments are likely to act as a bottleneck for the growth of the overall market over the estimated timeline of 2021-2027.
 

Based on age, global clear aligners industry is segmented into adult and teenage. While the end user range includes hospitals, group practices, and standalone practices.
 

The geographical analysis of the industry is studied for the major regions like North America, Asia Pacific, Europe, Latin America, and the rest of the world. Experts cite that North America is expected to capture significant market share over the projected timeframe, on account of increasing research & development investments by established players.
 

Meanwhile, Asia Pacific market is predicted to showcase substantial growth rate over the projected timeline of 2021-2027, owing to increasing young demographics, rising demand for oral care, growing oral care awareness in people, and launch of new products.
 

Prominent players swaying global clear aligners industry trends are 3M Company, Scheu-Dental GmbH, DynaFlex, Dentsply Sirona, TP Orthodontics Inc., Institut Straumann AG, Great Lakes Dental Technologies, Henry Schein Inc., Danaher Corporation, and Align Technology Inc.