The clear aligners market consists of revenue generated from the sales of clear aligners, by the companies that manufacture them. Clear aligners are orthodontic devices that are used to align and straighten the teeth by using force to regulate their movement.
The global clear aligners market is expected to decline from $2.08 billion in 2019 to $2.00 billion in 2020 at a compound annual growth rate (CAGR) of -3.81%. The decline is mainly due to the COVID-19 outbreak that has led to restrictive containment measures involving social distancing, remote working, and the closure of industries and other commercial activities. Patients have postponed non-emergency procedures impacting the demand for clear aligners. The market is then expected to recover and reach $3.14 billion in 2023 at a CAGR of 16.26%.
