Market Overview
Clear aligners are transparent trays made of silicon, etc., that help in straightening the teeth just like braces. Clear aligners have been accepted and used by the majority of people who are in search of aligning their teeth. Dentists are also recommending clear aligners for their patients.
It is stated that the forecast value of the global clear aligners market is going to reach USD 7.41 billion by 2027, with a growing CAGR of 22.09%.
The reasons behind the surging of clear aligner market demand are increasing dental alignment issues among people, increasing dental care, the better quality of healthcare, innovative technologies in the healthcare sector, etc. The market is also increasing because of the concerns of girls and women about dental beauty.
Another reason the clear aligner market is seeing positive growth is the use of technology in the healthcare sector. 3D impression systems, additive fabrication, digital scanning technologies, Incognito lingual braces, clear temporary anchorage devices, etc. These are some recent technologies that have been showing growth in the clear aligner market. Because of these technologies, orthodontic treatment procedures have been far more effective and efficient.
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The factors which are negatively affecting the clear aligner market are lack of skilled dentists, dearth of insurance coverage, COVID-19 pandemic, etc.
The pandemic’s spread in the whole world has also affected the clear aligner market detrimentally. During the pandemic, the temporary shutdown of manufacturing units reduced the demand for clear aligners. These strict rules and regulations of the government have also played a significant role in depressing the market.
Segmentation
Here is the segment list into which the clear aligners market can be divided and also the various classifications within those segments.
The clear aligner market is classified into direct sales and laboratories.
Regional Classification
The clear aligner market is seeing huge growth globally. The regions having exponential growth in this market are North America, South America, the Asia-Pacific region, Europe, and Africa.
It is estimated that America will be the most dominating region in the clear aligner market. The reasons for the same are technological advancement in the region, the accommodation of the majority of renowned players in R & D, awareness among people, etc.
The Asia Pacific region is also going to be a huge market for clear aligners. The reasons behind the same are fast emerging countries in the region, escalating disposable income per person, etc. In India, the Indian government is also taking huge steps toward health and medical services.
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