Newark, Sept. 03, 2024 (GLOBE NEWSWIRE) — The global market for clear aligners is expanding rapidly, driven by technological advances and growing demand for orthodontic treatments that are less visible and more comfortable than traditional braces. Clear Aligners are clear orthodontic appliances designed to straighten teeth through a series of custom, removable aligners. This market is projected to grow significantly, with a projected size of approximately USD 34.97 billion by 2033, from USD 4.6 billion in 2023, growing at a CAGR of 22.5%.
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Recent Developments:
Recent innovations in the aligner market include the introduction of new digital technologies such as the iTero digital impression system from Align Technology. This system enhances the precision and customization of the rulers. Additionally, companies are forming strategic partnerships, such as Align Technology’s partnership with Zimmer Biomet Dental, to increase market penetration and access
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The adolescent segment dominated the global clear aligner market with a market share of approximately 69% in 2023.
The age division is divided into teenagers and adults. The adolescent segment dominated the global net aligners market with a market share of approximately 69% in 2023. The segment-wise growth is attributed to the fact that conventional services are less expensive compared to in-house services. These contract-based services increase computational capabilities by eliminating significant waste in research enterprises. With the recent technological advancements in cloud computing and other IT technologies, contract services are expected to see the greatest growth.
The dental and orthodontic clinic segment dominated the market with a market share of around 54% in 2023.
By end user, the market is segmented into dental and orthodontic clinics, hospitals. The dental and orthodontic clinics segment dominated the market with a market share of approximately 54% in 2023.
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Market dynamics:
Guides:
The key drivers of this market include increasing prevalence of dental abnormalities, increasing awareness about dental aesthetics, and increasing disposable income. Preference for non-invasive treatments and advancements in materials and technology are also contributing significantly to market growth
Restrictions:
The high cost of clear aligners remains a major limitation, limiting their accessibility to a wider demographic. In addition, the need for frequent replacements during the treatment process may also be a disadvantage for some consumers
Opportunities:
The market presents significant opportunities, especially through strategic investments by major players in new technologies and the expansion of distribution networks. The growing demand for personalized solutions, especially among teenagers, offers further potential for market expansion
Report measurement details
| Report Coverage | Details |
| Prognostic period | 2024-2033 |
| Forecast CAGR | 22.5% |
| View value 2023 | 4.6 billion US dollars |
| Market size in 2033 | US$34.97 billion |
| Historical Evidence | 2020-2022 |
| Number of Pages | 236 |
| Covered sections | Age, Material Type |
| Covered Areas | North America, Europe, Asia Pacific, Middle East & Africa and Latin America |
Market Upgrades:
Technological advances, such as 3D printing and the use of advanced materials such as polyurethane, have greatly improved the performance and comfort of clear aligners. These innovations also allowed for better customization and faster production times, improving the overall patient experience.
Regional Segmentation Analysis:
North America currently dominates the clear aligners market due to a large group of key players, advanced healthcare infrastructure and high demand for orthodontic treatments. Asia Pacific region is expected to show the highest growth rate due to increasing prevalence of dental disorders and increasing investments in the healthcare sector
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