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The global clear aligners market size is expected to gain momentum by reaching USD 10.04 billion by 2028. This is attributable to the increasing incidence of malocclusion among people worldwide that is expected to boost the adoption of innovative clear aligners. This information is published by Fortune Business Insights, in its latest report, titled, “Clear Aligners Market Size, Share & COVID-19 Impact Analysis, By Patient Age Group (Teenager, and Adults), By End-User (Hospitals, and Dental & Orthodontic Clinics), and Regional Forecast, 2021-2028.” The report further mentions that the market stood at USD 2.41 billion in 2020 and is projected to exhibit an astounding CAGR of 19.7% between 2021 and 2028.
Carbon Partners Candid to Develop 3D Printed Customizable Clear Dental Aligners
In January 2021, Candid, a leading orthodontics company, announced its partnership with 3D printer OEM, Carbon. The partnership is aimed at developing advanced highly-customizable 3D printed clear aligners for dental procedures. The product is expected to cater to the growing demand from dental professionals that prefer outsource of aligner manufacturing work.
Phil DeSimone, Chief Product & Business Development Officer, Carbon, says, “We are excited to partner with Candid to help them deliver best aligners as per the customer’s requirement and enable dental professionals to provide effective and affordable treatment procedures for patients.” Such initiatives are expected to bode well for market growth in the forthcoming years.
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Increasing Prevalence of Dental Malocclusion to Favor Growth
According to an article published by the European Journal of Pediatric Dentistry, around 25% to 35% of teenagers in Europe suffer from malocclusion or misalignment of the teeth. The increasing prevalence of dental malocclusion is expected to boost the adoption of advanced clear aligners that effectively treat the condition globally. Additionally, the increasing focus on addressing the unmet needs of patients that include high costs associated with dental procedures and formulation of supportive policies for dental treatments is expected to bode well for the global clear aligners market growth during the forecast period.
Prominent Companies Focus on Merger and Acquisition to Brighten Their Market Prospects
The global market is fragmented by the one-upmanship of Align Technology that dominates with its extensive product portfolio. Additionally, other key players such as EM, Dentsply Sirona, Henry Schein, Inc., and others are focusing on acquiring other small companies to maintain their presence in the global marketplace.
List of the Companies Profiled in the Global Market:
Further Report Findings:
Table of Segmentation:
Value (USD Billion)
By Patient Age Group, End-User, and Geography
By Patient Age Group