Clear aligners are used for orthodontic treatment and are gaining popularity as an alternative to traditional braces. Clear aligners gradually straighten teeth by applying gentle force regularly over time. They are made from transparent, sturdy, and adjustable plastic materials that fit closely over the teeth. Clear aligners offer some key advantages over braces such as discreet appearance, comfortable fit, ability to remove for eating, drinking, brushing, and flossing. The growing demand for non-invasive and aesthetically pleasing orthodontic treatment options among teenagers and adults is a key factor driving the clear aligners market.
The global clear aligners market is estimated to be valued at US$ 3.92 billion in 2024 and is expected to exhibit a CAGR of 17% over the forecast period 2023 to 2030.
Rising awareness about orthodontic treatments and improving access to clear aligners with the help of remote monitoring and treatment approaches provided by key players are fueling market growth.
Key Takeaways
Key players operating in the clear aligners market are Align Technology, Inc., DynaFlex, Dentsply Sirona, Inc., SmileDirectClub, Straumann Group, Danaher, Henry Schein, Inc., Great Lakes Dental Technologies, Rocky Mountain Orthodontics, eXceed, 3 M, Argen Corporation, Illusion Aligners, Candid Care Co., Tianjin ZhengLi Technology Company Limited, Scheu Dental, TP Orthodontics, Inc., K-Line Europe, 32 Watts, and Klear Aligner.
Key opportunities in the market include significant demand from teenagers and adults for aesthetic orthodontic treatment and untapped potential in developing regions. The market players are focusing on global expansion through collaborations with dental practitioners and clinics in Asia Pacific and Latin America.
Market Drivers and Restrains
The rising prevalence of orthodontic issues such as malocclusion is a major driver for clear aligners. According to the World Health Organization, malocclusion affects 60-90% of school going children and many adults globally. Clear aligners help address these conditions in a cost-effective and non-invasive manner.
Growing consumer preferences towards invisible orthodontics is another key factor fueling demand. Adults and teenagers increasingly opt for clear aligners due to their ability to be removed for work and social events, avoiding embarrassment associated with conventional braces.
However, higher treatment costs and limited long-term efficacy data compared to traditional braces limit the growth potential of clear aligners market. Additionally, lack of consumer awareness in developing regions and shortage of skilled orthodontists pose challenges.
Segment Analysis
The clear aligners market is segmented based on age group which are teenagers and adults. The adult segment dominating the market holding around 70% share in 2020. High adoption of clear aligners among adults for smile makeover and orthodontic treatments is the key factor driving this segment. Adults above age 25 find it more convenient to use clear aligners as an alternative to metal braces since it is non visible, removable and more comfortable option for their busy lifestyle.
Global Analysis
Regionally, North America dominated the clear aligners market in 2020 with highest revenue share of around 45%. Higher awareness about orthodontic treatments and presence of major players in the US is boosting the market growth. Asia Pacific is expected to witness fastest growth during forecast period due to increasing urban population, higher disposable income and growing medical tourism in countries like India and China. Countries in Europe also show promising growth opportunities attributable to rising number of adults opting for invisible orthodontics options.