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A Clear Forecast: The Rise of the Clear Aligners Market 2023 - 2029

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shruti vispute
A Clear Forecast: The Rise of the Clear Aligners Market 2023 - 2029

The clear aligner market is anticipated to develop at a staggering 19.8% compound yearly growth rate between 2023 and 2029, up from just under US$5.4 billion in 2021. One of the important aspects driving the market's brisk growth is the rising popularity of cosmetic dental operations and rising disposable incomes globally.

The World Health Organization (WHO) lists periodontal disease and caries as the two oral health problems that are more serious than malocclusion. The prevalence of misaligned teeth in children and teenagers ranges from 39% to 93%, and the demand for clear aligners as a treatment is growing exponentially.

For more information, please refer to the full report: https://www.fairfieldmarketresearch.com/report/clear-aligners-market

The Clear Aligners Market: Untapped Potential

As aesthetic appeal and efficient dental care become increasingly important, clear aligners are identified as the fastest-growing sector in orthodontics today. Factors like aesthetics, digital workflows, trained practitioners, and product improvements contribute to the market's growth. Despite high treatment requirements, with around 20% of the US population noticing deviation from ideal bite and 66% of adults having incisor irregularities, the adoption of clear aligners still has significant untapped potential.

Product Innovation: A Catalyst for Clear Aligners Market

With the FDA fast-tracking approvals for clear aligners post-2018, product innovation is witnessing a strong uptrend. A surge in the number of clear aligner producers has been seen since 2018, with over 40 new producers getting FDA approval - more than double the combined approvals up to 2018.

Digital Transformation and Disruptive Technologies Fueling Market Growth

Advancements in AI-assisted assessments, notifications, biomaterials, CAD/CAM, and digital restorative workflows endorse clear aligners as a preferred treatment option. Moreover, developments in AR/VR technologies, 3D printing, and dynamic smart navigation systems could further enhance digital solutions, improving patient outcomes and practice efficiencies.

Geographical Trends in the Clear Aligners Market

North America, demonstrating a robust CAGR of 22.0% between 2023-2029, currently dominates the global clear aligners market. Nonetheless, developing economies such as China and India in the Asia Pacific are witnessing rapid growth, with China emerging as a strong regional contender after the US.

Key Global Players in the Clear Aligners Market

Several prominent players, including 3M Company, Institut Straumann AG, Dentsply Sirona, Henry Schein, Inc., and Align Technology, Inc., significantly contribute to the global clear aligners market.

Align Technology, Inc: A Market Leader

Align Technology, Inc. holds a significant share of the global clear aligners market, mainly due to the Invisalign's two-decade-long dominance. With its significant revenue of US$2.3 Bn in 2020 and a growing patient count, the company continues to shape the clear aligners market.

The Future of the Clear Aligners Market

The rise of direct-to-consumer marketing and online service providers offering treatment packages contribute significantly to clear aligner demand in the market. Moreover, vertical integration and in-house treatment planning could further streamline treatment processes, enhancing patient experience and outcomes.

Read More: https://www.fairfieldmarketresearch.com/



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