Global Clear Aligners Market To Grow At Rate Of 16%
4 Aug, 2020
The global clear aligners market is expected to decline from $2.08 billion in 2019 to $2.00 billion in 2020 at a rate 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 rate of 16.26%. The rising prevalence of dental malocclusion across the world is the major factor responsible for the growth of the clear aligners market. However, a major factor that limits the clear aligners market growth is its high cost.
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.
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The global clear aligners market is further segmented based on type and geography.
By Product: Ceramic Braces, Clear Aligners, Lingual Braces
By Material Type: Polyurethane Plastic, Polyethylene Terephthalate Glycol (PETG), Poly-vinyl Chloride (PVC), Others
By End-User: Hospitals, Dental and Orthodontic Clinics
By Geography: The global clear aligners market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, the North American clear aligners market accounts for the largest share in the global clear aligners market.
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Trends In The Clear Aligners Market
Dental 3D printing is an emerging technology in the clear aligners market. 3D printing has many applications in the dental industry which include bridge models, surgical guides, clear aligners, and dentures. However, clear aligner manufacturing is the most common use of dental 3D printing, as it helps in designing clear aligners cost-effectively.
Clear Aligners Global Market Report 2020 is one of a series of new reports from The Business Research Company that provides clear aligners market overviews, analyzes and forecasts clear aligners market size and growth for the global clear aligners market, clear aligners market share, clear aligners market players, clear aligners market size, clear aligners market segments and geographies, clear aligners market trends, clear aligners market drivers and clear aligners market restraints, clear aligners market’s leading competitors’ revenues, profiles and market shares. The clear aligners market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.