The clear aligners market size is expected to advance at a CAGR of 29.6% during 2022–2030, to reach USD 36,648 million by 2030. This can be ascribed to the rapid adoption of digital technologies, such as digital tooth setups, intraoral scans, CAD/CAM appliances, and 3D printers, in the dental sector; the increasing popularity of cosmetic dentistry procedures; the growing prevalence of dental problems; the surging awareness and concern about oral hygiene; and the rising dental implant surgeries.
The significant increase in the aging population is another factor contributing to dental problems. For the maintenance of general health and quality of life, maintaining oral health is also important. Thus, this reason boosts the demand for aligners.
Moreover, with the advancement in technology, the focus is shifting from digital designs to 3D printing of aligners, and it leads to the reduction in errors, generation of less wastage, and low cost. Also, these products help in reducing pain and limit the time of hospital visits, and offer effective outcomes in treating several issues related to crooked teeth and many more over traditional methods such as braces. These have various other advantages including comfort, convenience, greater ability to customize, and appearance.
In addition, several companies have started focussing on recyclable aligners. For instance, in March 2022, The Impress launched a recycling initiative to keep these products out of landfills. The aim of this initiative is to address ethical concerns and majorly known to project the opportunity in order to lessen environmental impact. Also, companies are using polyurethane material for making these products, due to its resistance to chemicals and abrasion and excellent elastomeric characteristics. The material can extend and recover after being loaded, and to its former shape when the weight is removed, because of its elasticity.
The per capita income among the population all over the world every year is increasing, due to which people are spending more on aesthetic procedures. According to various studies, out of 10, four people get clear aligners, which is around 50% more than traditional braces. Further, the growing prevalence of malocclusion and interest of people in their appearance and the rising beauty standards mainly in oral health will boost the market value in the coming years.
The APAC market is expected to witness the highest CAGR, of 33.5%, over the coming few years. This can be ascribed to the rising prevalence of malocclusion and aesthetic appeal of the products, the increasing awareness about their use for the alignment of teeth, and the surging purchasing power of populated countries, such as China and India, of the region.
Moreover, the European market is also expected to show significant growth during the forecast period. This can be attributed to the increasing demand for personalized aligners, several technological advancements in this field, and the rising awareness of cosmetic dentistry. In addition, the regional demand has also grown because of the zoom effect in online meetings, as participants are continuously seeing themselves on screen and are concerned about their misaligned teeth.
The most-significant clear aligners market players are Align Technology, Inc., Argen, Angelalign Technology Pte. Ltd., Envista Holdings Corporation, Henry Schein Inc., DENTSPLY SIRONA Inc., TP Orthodontics, 3M Company, Straumann Group, SmileDirectClub Inc.