Global Clear Aligners Market Size (2024 - 2029)

Clear Aligners Market Analysis

The Global Clear Aligners Market size is estimated at USD 4.60 billion in 2024, and is expected to reach USD 9.25 billion by 2029, growing at a CAGR of 15% during the forecast period (2024-2029).

The emergence of COVID-19 adversely affected the global clear aligners market at the beginning of the pandemic. The revenue of the companies from the clear aligners segment has declined substantially during the first wave of the COVID-19 pandemic. Due to the government actions taken to limit the spread of COVID-19, the companies have experienced a decline in customer demand worldwide. Moreover, the end-user demand was affected by the guidelines published by dental associations globally to perform only emergency procedures. However, in 2021, after the restrictions were lifted, dental practices resumed, and the companies reported an increase in revenue which had a considerable impact on the market growth. For instance, Align Technology reported a decrease in its clear aligners sales by 1.2% in FY2020 as compared to the prior years, but the company reported an increase of 52.9% in revenue from its clear aligners segment in FY2021. Thus, the market witnessed growth during the later phases of the pandemic, and it is expected to continue to grow over the forecast period.

The increasing prevalence of dental diseases, rising awareness regarding dental care, cosmetic and restorative dentistry, and growing demand for clear aligners across the globe are driving the growth of the market. In addition, the growing patient population suffering from malocclusions and increasing adoption of invisible aligners in young people, and changes in the lifestyle of people to adopt invisible aligners instead of traditional braces are likely to boost the market growth in the forecast period. According to an article Published in IJERPH in May 2022, when a systematic literature review was conducted by the scientists, the range of prevalence of angle class I, class II, and class III malocclusion was very large, with a mean prevalence of 51.9%, 23.8%, and 6.5%, respectively. As per the researchers of the study, globally, there is a clear and urgent need to define orthodontic features and malocclusion traits.

Another factor that is inducing the growth of the clear aligners market is the adoption of new technologies and tools such as computer-aided design (CAD) technology, artificial intelligence, digital impression systems, and machine learning tools. This aids in providing customizable teeth alignment and facilitates the correct placement of the aligners. For instance, iTero, a digital impression system by Align Technology, assists in developing accurate and customized clear aligner systems to treat mild to moderate misalignment conditions. Additionally, a high number of product development are fueling the market. For instance, in September 2021, Align Technology agreed with Ultradent Products to develop a professional whitening system that can be used with Align's Vivera retainers and Invisalign aligners. This will provide Invisalign-trained doctors exclusive access to a professional whitening system with the Opalescence PF whitening formula from Ultradent. Such product developments are predicted to fuel market growth.

Hence, the studied market is expected to witness growth over the analysis period, owing to the factors stated above. However, the high cost of clear aligners is making their affordability a concern for patients and is likely to challenge the growth of the market.

Clear Aligners Industry Segmentation

As per the scope of the report, clear aligners are a type of invisible braces that are used to straighten the teeth. The aligners are made up of strong plastics and are designed to fit perfectly into a person's mouth. These are customized clear braces achieved by digitally capturing impressions and processing the information using specialized software. The Clear Aligners Market is Segmented by Age (Adults and Teenage), End User (Hospitals and Dental and Orthodontics Clinics), and Geography (North America, Europe, Asia-Pacific, Middle East, and Africa, South America). The report offers the value (in USD) for the above segments. The market report also covers the estimated market sizes and trends for 17 different countries across major regions globally.