Report : Clear Aligners Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Type [Polyurethane Plastic, Polyethylene Terephthalate Glycol (PETG), and Poly-vinyl Chloride (PVC)], Distribution Channels (Direct Sales, Laboratories, and Others), and Age (Adults and Teenagers)
Adults segment is expected to drive the growth of the global clear aligners market by age
According to a new market research study of ‘Clear Aligners Market to 2027 - Global Analysis and Forecasts by Type, Distribution Channels, and Age.’ The global clear aligners market is forecasted to attain US$ 7,665.49 Mn in 2027 from US$ 1,953.10 Mn in 2018. The market is projected to grow with a CAGR of 16.9% from 2019-2027. The report provides trends predominating in the global clear aligners market and the factors driving the market and also the factors that act as hindrances.
Dental and oral conditions affect people once in their lifetime. A single toothache causes discomfort, pain, and disfigurement. As per the data of the Global Burden of Diseases Study in 2016, oral diseases have affected approximately 3.58 billion people across the world. Dental diseases include dental caries. Periodontal disease, which results in tooth loss, was the 11th most prevalent dental disease around the globe. The prevalence of dental and oral conditions is rising across the region, such as crooked teeth, overbites, underbites, crossbites, spaces between teeth, teeth overcrowding, and the treatment of temporomandibular disorders (TMD). According to the Canadian Association of Orthodontists data, more than 4 million people in Canada and the US are taking treatment from an orthodontic specialist. Also, as per the Centers for Disease Control and Prevention (CDC) data, around 31.6% population had untreated dental caries during 2013-2016 in the US. In a study published in the National Center for Biotechnology Information (NCBI) 2019, Africa resulted in the highest prevalence of Class I (90%) malocclusion. However, the prevalence of Class II malocclusions (7.5%) was lowest.
Moreover, the deep bite was considerably higher in Europe (37.4%) as compared to other regions. The rising prevalence of various dental diseases has increased the use of clear aligners in the market. Therefore, owing to the factors mentioned above, the market is likely to propel during the forecast period.
In 2018, the adults segment accounted for the largest market share in the global clear aligners market by age. Factors such rising preference in the adults for teeth alignment is expected to propel the market growth in coming years. In the market, various range of clear aligners available as per the requirements are the major factors driving the growth of the segment.
The clear aligners market majorly consists of the players such as Danaher, Dentsply Sirona, Institut Straumann AG, 3M, Henry Schein, Inc., Align Technology, Inc., Great Lakes Dental Technologies, SCHEU DENTAL GmbH, TP Orthodontics, Inc., and DynaFlex among others. Inorganic growth strategies witnessed in the market were partnerships and acquisitions. For instance, in March 2019, The Straumann Group performed a collaboration with Medit, a global provider of digital dentistry solutions. This collaboration will benefit from promoting the integration of digital workflows with Straumann’s open CAD/CAM software.
The report segments the global clear aligners market as follows:
Global Clear Aligners Market - By Type
Global Clear Aligners Market - By Distribution Channels
Global Clear Aligners Market - By Age
Global Clear aligners Market - By Geography
Contact Person: Sameer Joshi
Email Id: firstname.lastname@example.org