Clear Aligner Market Size is Expected to Reach $7.41 Billion by 2027, According to Market Research Future (MRFR) – Business

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Clear Aligner Market Overview

According to reports by MRFR, the global transparent aligners market is expected to acquire a size of over USD 7.41 billion by the end of 2027. The transparent aligners market is growing rapidly and is expected to register a healthy CAGR of over 22.9% over the 2020 to 2027 assessment schedule.

With the increasing frequency of dental alignment disorders in adults and adolescents, clear aligners are gaining popularity around the world. People’s growing knowledge of dental care needs, along with their increased spending, is improving the global market. According to studies, the expanding female population is the major driver of market growth as women increasingly focus on enhancing their beauty and smile. Rising healthcare expenditures have led to improved quality of services, while the increased use of new technologies in the healthcare sector is also pushing patients towards orthodontic treatments.

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In response to the growing number of dental problems, technological breakthroughs such as 3D printing systems, nickel and copper-titanium wires, additive manufacturing, CAD/CAM products, digital scanning technologies, dental appliances incognito and transparent temporary anchor devices exploded. Orthodontic therapy is now much more predictable, successful and effective than it has ever been.

Factors such as the high cost of clear aligners, the scarcity of qualified dentists in developing countries, and the lack of insurance coverage for orthodontic treatments will almost certainly play against the global market in the years to come.

Transparent Aligners Market Segmentation

The global clear aligners market is bifurcated into several segments on the basis of product type, age, channel, and region.

The global transparent aligner market is divided into soft type, medium type and hard type based on product type.

The clear aligners market is divided into adult and teen based on age.

The global transparent aligners market is divided into distributors and direct sales on the basis of channel.

Clear Aligners Market Region Outlook

Due to the popularity of cosmetic dentistry and the availability of a variety of specialty services in the United States and Canada, America is expected to capture the global market with the largest share in the coming years. The region’s large per capita healthcare spending capacity, along with growing demand for advanced medical technologies, could propel the region’s market position. The fact that America is home to a large number of globally recognized companies that invest heavily in R&D also contributes to the dominance of the clear aligner market. Other positive aspects include increased public knowledge about dental health, a wide range of treatment options for misaligned teeth, and the emergence of new cosmetic trends in the region.

Due to the region’s abundance of opportunities and the presence of a few fast-emerging countries, Asia-Pacific has the potential to become the fastest growing market. The region’s business growth is also aided by booming technological advancements in the healthcare sector and increasing disposable income per person. Also, increased government support for the healthcare industry in various countries will benefit the transparent aligners market in the coming years. For example, the Indian government granted the World Dental Federation 100% FDI in health and medical services while simultaneously reducing tariffs on all medical products, including dental appliances. This has created a very favorable environment for the expansion of the country’s market.

Transparent Aligners Market Competitive Analysis

The global transparent aligners market presents an extremely competitive landscape. The global market players are adopting several new strategies such as mergers, acquisitions, and product development to strengthen their footprint in the global market. The major global players of clear aligners are 3M, Clarus Company, Dentsply Sirona, Danaher Corporation, Institut Straumann AG, Align Technology Inc. and several others.

RECENT DEVELOPMENTS

FDA-registered and HIPAA-compliant dental aligner company, U Smile Dental, LLC, has announced the introduction of the cost-effective “Smiles for All” clear aligner system at home.

Malocclusions or crooked teeth are considered to be one of the main oral health problems. Despite all the benefits of in-office braces, most of the American population suffers from malocclusion. This is mainly due to the inconvenience of attending many dental visits throughout the treatment and the high fees. These barriers have provided lucrative opportunities for the clear aligner market.

Browse the detailed table of contents with the COVID-19 impact analysis on: https://www.marketresearchfuture.com/reports/clear-aligners-market-6974

With 123-Align’s innovative developments in medical polymer materials, 3D printers, 3D scanners, and the integration of a 100% teledentistry-based aligner case review service, a gat easily obtains a new smile from the mobile phone, computer or tablet at an affordable price. This nationwide “Smiles for All” seamless at-home braces system fills the void for those without access to dental care while addressing a serious public health issue.

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At Market Research Future (MRFR), we enable our clients to unravel the complexity of various industries through our Cooked Research Reports (CRR), Half-Cooked Research Reports (HCRR) and Advisory Services. The MRFR team has the overriding goal of providing our clients with the highest quality market research and intelligence services.

Tags: Clear Aligners Market Size, Clear Aligners Market Growth, Clear Aligners Market Trends, Clear Aligners Market Dynamics, Clear Aligners Market Overview

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Contact details:

Contact us:
Market Research Future (part of Wantstats Research and Media Private Limited),
99 Hudson Street, 5th Floor,
New York, New York 10013
united states of america
+1 646 845 9312
Email: [email protected]

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