Invisible Aligners Market to Attain a Valuation of the Highest CAGR, and Forecast to 2029

The Clear Aligners Market is expected to reach $20.63 billion by 2029, at a CAGR of 20.7% during the forecast period 2022–2029. The market is driven by the rising number of patients with malocclusion, technological advancements in dental health, and the increasing demand for aesthetic dentistry. Furthermore, advancements in clear aligner therapy and the growing demand for customized aligners are lucrative opportunities for players operating in the clear aligners market. However, the high cost of clear aligners is restraining this market's growth.

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The Increasing Prevalence of Malocclusion or Orthodontic Diseases is Expected to Drive the Clear Aligners Market

World Health Organization (WHO) considers malocclusion as one of the most important oral health problems after caries and periodontal disease. Its prevalence is highly variable and is estimated to be between 39% and 93% in children and adolescents.

Class 1 malocclusion is the most common. The bite is normal, but the upper teeth slightly overlap the lower teeth. Class 2 malocclusion, called retrognathism or overbite, occurs when the upper jaw and teeth severely overlap the bottom jaw and teeth. Class 3 malocclusion, called prognathism or underbite, occurs when the lower jaw protrudes or juts forward, causing the lower jaw and teeth to overlap the upper jaw and teeth.

The Rising Demand for Cosmetic Dentistry is Expected to Drive the Clear Aligners Market

Cosmetic procedures are rising due to the rising awareness regarding oral health and rapid technological advancements. The demand for cosmetic procedures has been high among age groups 24–40 and 57–75. The population aged 24–40 majorly demands dental aesthetics, such as implants, aligners, and veneers for a youthful appearance, while the population aged 57– 75 demands dentures.

The industry's shifting dynamics are largely due to patients’ choices, which have moved from mere hygiene to definite image enhancement. People are now ready to invest in themselves more than ever. Baby boomers with disposable incomes, the younger generation of business people who want the perfect appearance for better careers, and significant advances in the industry have contributed to the rise of cosmetic dentistry.

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Asia Pacific: The Fastest Growing Regional Market

Based on region, in 2022, North America is expected to dominate the clear aligners market. However, the Asia-Pacific market is expected to register the highest CAGR during the forecast period due to the growing demand for various dental procedures, the rising dental tourism due to the low cost of dental procedures in Asia-Pacific countries, and the rising spending on aesthetic procedures.

Key Players

The report includes a competitive landscape based on an extensive assessment of the product portfolio offerings, geographic presences, and key strategic developments in leading industry market players over the last three years. The key players profiled in the global clear aligners market are Align Technology, Inc. (U.S.), Institut Straumann AG (Switzerland), Dentsply Sirona (U.S.), 3M Corporation (U.S.), Envista Holdings Corporation (U.S.), Argen Corporation (U.S.), Henry Schein, Inc. (U.S.), TP Orthodontics, Inc (U.S.), DENTAURUM GmbH & Co. KG (Germany), DynaFlex (U.S.), and Ormco Corporation (U.S.).

Scope of the Report:

Clear Aligners Market, by Material

Polyurethane Plastic
Polyethylene Terephthalate (PET)
Polyethylene Terephthalate Glycol (PETG)
Other Materials
Clear Aligners Market, by Age Group

Clear Aligners Market, by Type

At-home aligners/Direct-to-consumer (DTC) Aligners
In-office Aligners
Clear Aligners Market, by End Users

Dental & Orthodontic Clinics
Other End Users
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Key questions answered in the report-

What is the current revenue value generated by clear aligners across the globe?
At what rate is the demand for global clear aligners projected to grow for the next 5–7 years?
What is the historical market size and growth rate for clear aligners across the globe?
What are the major factors impacting the growth of this market at the global and regional levels? What are major opportunities for existing market players and new entrants in the market?
What impact does the current COVID-19 pandemic have on the clear aligners market at various levels in the value chain?

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