Clear Aligners Market

Clear Aligners Market Outlook

Global sales of Clear Aligners in 2021 was held at US$ 3.2 Billion. With 32.4%, the projected market growth during 2022 - 2032 is expected to be significantly higher than the historical growth. Standalone Practices are expected to be the highest revenue generating end-user, accounting for an absolute dollar opportunity of nearly US$ 26 Billion during 2022 – 2032.

Report Attributes	Details
Forecast Period	2022-2032
Historical Data Available for	2017-2021
Key Market Segments Covered	Age End-user Region
Key Companies Profiled	Align Technology Dentsply Sirona Patterson Companies Inc. Institute Straumann Danaher Corporation 3M EPSE Argen Corporation Henry Schein Inc. TP Orthodontics Inc.

Revenue of Clear Aligners from 2017 to 2021 Compared to Demand Outlook for 2022 to 2032

As per the Clear Aligners industry research by Fact.MR - a market research and competitive intelligence provider, historically, from 2017 to 2021, market value of the Clear Aligners industry increased at around 27% CAGR, wherein, countries such as the Germany, U.S., China and Japan held significant share in the global market.

The constant surge in urbanization is propelling the demand for various commodities which is consequently driving the need for logistics. Owing to this, Clear Aligners market is projected to grow at a CAGR of 32.4% over the coming 10 years.

• The Clear Aligners market reached a valuation of US$ 3.2 Billion in 2021 increased by 28% over the last year. Fact.MR estimates that Clear Aligners revenue will grow 16.3X from 2022 to 2032, reaching nearly US$ 68 Billion by 2032.
• Standalone practices contribute to maximum revenue of US$ 1.7 Bn currently as end users, however, revenue through group practices is expected to grow at the highest rate of 36% CAGR.
• By age, adults segment held the largest revenue share in 2021 of over 60.0%.

What Factors are propelling the Growth of Clear Aligners Industry?

Clear aligners market is growing exponentially, owing to the transformation at end-user as well as manufacturer level. For instance, each clear aligner treatment plan usually requires 40-60 days which completely depends on the complexity of the malocclusion position. Clear aligners are customized for a particular treatment level for a particular patient. The solution providers have mass customization capabilities such as world-class clear aligner design staff, comprehensive digital fitting design system, sufficient number of 3D printers and other equipment to manufacture clear aligners.

Product diversification for different customer groups has been a huge success in clear aligners market. A clear aligner solution provider factors to meet the needs of different users and generate revenue from several product lines. All of the key players in the clear aligners market have evolved a comprehensive product line and are continuously designing and developing new products for the users of this industry.

What makes the Adults Segment the Largest Consumers of Clear Aligners?

The adult segment had the largest share of sales in 2021 with more than 60%. Periodontal diseases, such as tooth misalignment, is common in most adults which not only affects quality of life, but also reduces facial aesthetics, impairs oral function such as chewing, swallowing, and speech, and increases sensitivity. Today, acceptable aesthetic appearance, including the appearance of teeth, plays an important role in society especially among adults.

According to teenagers, having an attractive smile is often driven by concerns about the appearance of teeth. Towards the end of the treatment, adults are often happy to appear transparent to themselves. This helps hide that they are consuming orthodontic therapy.

Which Region is projected to Offer the Largest Opportunity for Clear Aligners?

The market in Asia Pacific is expected to register the highest CAGR of 31.4% during the forecast period due to increased demand for clear aligners in developing countries, especially India and China. This increase is also due to the aesthetics of the aligner system.

The prospects in healthcare marketplace found in the Asia Pacific region have seen an uptick advisory to rising healthcare expenditures and the growth of population with dental concerns resulting from changing lifestyle in nations like China and India. As stated in scientific studies, eating and drinking practices have trademarked this ageing process, beginning at an early age and numerous throughout the years, with junk food to carbonated drinks, they offer a wide range of difficulties.

Country-wise Analysis

Which Country Lies Stands Apart in Clear Aligners Revenue Generation?

The U.S. dominated the clear aligners market in 2021 with a global market share of over 35%. This is due to increased R & D investment and the local presence of global players and their efforts to obtain new patents. According to a survey conducted by the American Dental Association, 85% of people in the United States value dental health and believe that oral health is an important aspect of overall care.

There are another 4 Mn people in the U.S. who wear braces, 25% of whom are adults, and with the advent of clear tray-style aligners, the attention of many patients who want to enhance their smiles but avoid the metallic appearance of braces. Factors such as increased awareness of recent developments in dental hygiene, various practical options for treating misaligned teeth, and rising cosmetology standards have led people to choose aligners in the country.

Category-wise Insights

Why Standalone Practices Dominate the Clear Aligners Market?

The standalone practice segment had the largest share of over 50% in 2021 and is estimated to register significant growth throughout the forecast period. The consumer segment can be divided into hospitals, standalone practices, group practices, among others. The standalone practices segment dominated the market in 2021 as they employ a well-defined aligner system and is equipped with advanced digital technology.

According to Today`s RDH, a digital media company for registered dentists, choosing a private / independent dental service has many advantages, some of which include a wider range of dental treatments, shorter waiting times, professional and quality service, including high receptivity, state-of-the-art devices and high-quality materials for diagnosis and treatment.

Dentistry News reported that nearly half of NHS dentists plan to move to private dentistry. A 2019 survey of the Dentistry Confidence Monitor of more than 400 dentists working in the NHS and the private environment found that 84% of private dentists wanted the level compared to 17% of NHS dentists. In addition, 79% of private dentists said they could work without undue stress compared to 8% of NHS dentists. Factors such as flexibility, reduced administrative burden, patient-centric personalized services, and medical care management can increase the demand for standalone dental care.

Which End Users Showcase the Most Potential over the Next Ten Years?

Group Practices show the highest potential for growth in the clear aligners market. Revenue through this category is expected to grow at a CAGR of about 36% during the next ten years.

According to the American Association of Orthodontics, the American Dental Association (ADA) had 10,658 orthodontists in the U.S. in 2017, and about 795 orthodontists who own or share the practice. In addition, group practices show the highest CAGR during the forecast period as they help minimize costs and maximize revenue potential while adopting new advanced technologies.

Despite the extra work, solo practice takes more money to set up. And as soon as two and two are put side-by-side, the dentist can go over budget. But in group practice, this is typically not a problem. If dentist is a small group to start practicing, then they can divide the expenses among the group members. If one or two dentists have the same specialization, then they can also use the identical facility at no extra charge. And when they enter a group dental practice as a patient, they may find a dentist who can meet all their needs.

Investments in newer equipment and services generates a greater return on investment and is far less inconvenient than adding new services. Marketing and training costs are lower and less demanding, which is why local practices frequently choose to launch new offices. 

How Has COVID-19 Impacted Revenue Generation from Clear Aligners?

The impact of COVID-19 on clear aligners was not much seen. Despite the heavy blows to almost all the industries, the clear aligners industry continued to grow positively at a rate of 28% over the last year. The reason for the growth of the industry during the pandemic may be credited to the growing concern of the customers during the pandemic. People took better care of their health, oral health was specially paid attention to by the customers in the past two years.

Competitive Analysis

The key players such as Align Technology, Inc.; Dentsply Sirona; Danaher; Institut Straumann AG; 3M; Henry Schein, Inc.; TP Orthodontics, Inc.; DynaFlex; Great Lakes Dental Technologies; and SCHEU DENTAL GmbH adopt several organic and inorganic strategies to enhance their revenue and market standings.

Some of the recent developments of key clear aligners providers are as follows:

• In May 2020, Align Technology, Inc. expanded Invisalign Treatment Visualization ClinCheck PRO 6.0 and ClinCheck "Inface". They use cloud-based services to provide consumers with optimal treatment procedures. The company is focused on expanding its position and gaining significant market share through various acquisition strategies.
• In March 2019, Henry Schein One, a joint venture of Henry Schein, Inc., released Dentrix G7 in Canada, an upgraded version of the dental practice management system.
• In March 2019, the Straumann Group collaborated with Medit, a provider of digital dentistry solutions, on the partnership's website. This partnership will bolster the integration of digital workflows with Straumann’s open CAD/CAM software.

Similarly, recent developments related to companies offering clear aligners have been tracked by the team at Fact.MR, which are available in the full report.

Market Segments Covered in Clear Aligners Industry Analysis

• By Age Outlook :

  • Adults
  • Teens

• By End-use Outlook :

  • Hospitals
  • Standalone Practices
  • Group Practices
  • Others

• By Regions

  • North America
    • Latin America
    • Europe
    • East Asia
    • South Asia
    • Oceania
    • MEA