The clear aligners market has been predicted to grow at a noticeable pace during the forecast period.
The clear aligners market has been predicted to grow at a noticeable pace during the forecast period. This market growth has been on the back of the advent of various dental disorders, additive fabrication, advancements such as 3D impression systems, and Nickel and Copper-Titanium wires. In addition to this, digital scanning technology, incognito lingual braces, CAD/CAM appliances, clear aligners, and temporary anchorage devices are fueling growth impetus in the market.
Some latest technological advancements in the field of orthodontic treatments are also developing expansion opportunities in the clear aligners market in the years to come. These advancements have been anticipated to make the treatment for orthodontic more effective, predictable, and efficient.
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In recent years, dental treatments have been customized. Further, various technologies, for example, a digital impression system named. iTero is contributing to developing customized and accurate treatment in moderate and mild misalignment conditions. Thus, based on these factors, the clear aligners market is predicted to grow at a rapid speed during the forecast period.
Clear Aligners Market: Key Trends
As per the data provided by the WHO, malocclusion has been the third commonly prevalent dental disorder or disease after periodontal disease and dental caries. Further, the organization has also stated that oral diseases or disorders with public health importance are under periodic surveillance in order to ensure sufficient planning and treatment. Thus, owing to the increasing cases of these disorders and growing importance to the treatment have been estimated to develop growth opportunities in the clear aligners market.
In the present time, the distribution and severity of oral diseases such as malocclusion vary among different areas across the world and also within the same region or country. Malocclusion has been a condition in which the teeth are crooked and misaligned. These conditions of the teeth can result in severe complications related to oral health at later stages. Thus, based on these complications, there is a crucial requirement for effective treatment and it further boosts growth impetus in the clear aligners market.
However, the sudden outbreak of the COVID-19 has put a larger impact on the growth impetus in the market. Dental practices have been forced to close because they were deemed elective procedures. But, the removal of stringent regulations and a significant decrease in the cases of coronavirus has been predicted to boost growth avenues in the forthcoming years.
Clear Aligners Market: Competitive Dynamics and Key Developments
The key players dealing in the clear aligners market are using various development strategies in order to bolster the growth opportunities in the forthcoming years. Some of these market strategies include acquisitions, mergers, innovations, partnerships, new product launches, geographical expansion, product approvals, and strategic collaborations that have been applied by prominent companies to create expansion avenues in the market.
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For instance, Align Technology has announced availability of Invisalign G8 SmartForce Aligner Activation for commercial purpose in February 2021.
Some key players in the clear aligners market are:
- TP Orthodontics, Inc.
- Danaher Corporation
- Henry Schein
- Argen Corporation
- 3M
- Dentsply Sirona
- Institut Straumann AG
- Align Technology, Inc.
Clear Aligners Market: Regional Assessment
The clear aligners market is currently spread around various geographical locations including the Middle East & Africa, Latin America, Asia Pacific, Europe, and North America. Out of these areas, the North America region has been projected to hold a dominating position in the market. This regional growth can be on the back of growing investments for the R & D activities and the presence of the key players in the region. In addition to this, these players are also putting efforts to obtain novel patents. The advent of the clear tray-style aligners is gaining the attention of the patients for the improvement of their smile. The growing awareness among consumers related to the development in dental hygiene is also bolstering growth impetus in the regional market.
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