New Tools and Technology Development will drive Clear Aligners Market in coming years

 

Clear Aligners Industry Overview

The global clear aligners market size was valued at USD 5.13 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 30.7% from 2024 to 2030.

Clear aligners are a series of tight-fitting custom-made mouthpieces or orthodontic systems that are useful in correcting misaligned or crooked teeth. Clear aligners are virtually discreet and removable alternatives to braces designed around patients’ convenience and flexibility. Factors such as the growing patient population suffering from malocclusions, rising technological advancements in dental treatment, and growing demand for customized clear aligners are driving the overall market growth. The pandemic had a positive impact on the market globally and key players recovered with high revenues in 2020 as compared to previous years. For instance, according to Dental Tribune, Align Technology sold a record 1.6 million cases of clear aligners in 2020 as compared to 1.5 million cases in 2019.

Gather more insights about the market drivers, restrains and growth of the Clear Aligners Market

The company also stated that the adoption of Invisalign aligners by adults and teenagers increased by 36.7% and 38.7%, respectively in 2020 and the adoption of aligners among teens or younger patients was highest during the pandemic. The major factor for the growth of this marker was that people were more reluctant to go to an orthodontist’s office to get traditional teeth braces which increased the adoption of clear aligners. The advent of pandemics helped the industry prosper in terms of adoption, sales, and revenue, and this trend is expected to continue in the future.

In the advent of escalating dental disorders, advancements like 3D impression systems, additive fabrication, Nickel and Copper-Titanium Wires, digital scanning technology, CAD/CAM appliances, temporary anchorage devices, and incognito lingual braces, clear aligners are among the latest advancements that are making orthodontic treatments more efficient, predictable and effective. Dental treatments have become customized and technologies like a digital impression system like iTero by Align Technology is assisting in developing accurate and customized clear aligners systems to treat mild to moderate misalignment conditions.

These invisible aligners are developed through virtual digital models, computer-aided design (CAD-CAM), and thermoformed plastic materials like copolyester or polycarbonate plastic. Inconvenience caused by the metal and ceramic braces and the long-term gum sensitivity has caused an increased adoption of clear aligners by patients and dentists. The aligner is designed for the wearer’s comfort and is flexible. According to Dental Tribune, clear aligners technology has quickly become an increasingly popular alternative to fixed appliances for tooth straightening, since it is an aesthetically appealing and comfortable choice. Invisalign is the largest producer of clear aligners, and other brands include Clear Correct, Inman Aligner, and Smart Moves. However, factors like the high cost of clear aligners, less number of dentists in emerging areas, and limited insurance coverage for orthodontic treatments are likely to hinder the market growth.

The advent of COVID-19 was eminent on the dental market as the majority of elective procedures were postponed. As dentistry is considered an elective and high-contact service, most of the dental practices were closed. However, In the U.S., 27 states allowed dental offices to open for elective care by May 2020, and by June around 48 states opened for elective dental care. The American Dental Association predicted spending projections to be more optimistic in the future due to resuming of dental practices and recovering patient volume. The ADA also predicted that dental expenditures will grow and bounce back completely to pre-pandemic levels or 80% of pre-pandemic volume by October 2020 or January 2021.

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Key Companies & Market Share Insights

One of the key factors driving competitiveness among clear aligners companies is the rapid adoption of advanced digital technology like intraoral scans, digital tooth set-ups, 3D printers, and CAD/CAM appliances. Moreover, a prominent number of these players are rapidly opting for strategic expansions and collaborations for increasing their geographical presence, and increasing sales volume in emerging and economically favorable regions and product launches. For instance, in April 2023, Henry Schein Inc. entered into a partnership with Biotech Dental Group for making expansion in its digital workflow, provide clear aligner solutions to customers, and improve clinical results for dental professionals.

Key Clear Aligners Companies:

The following are the leading companies in the Clear Aligners market. These companies collectively hold the largest market share and dictate industry trends. Financials, strategy maps & products of these Clear Aligners companies are analyzed to map the supply network

·         Align Technology

·         Dentsply Sirona

·         Institute Straumann

·         Envista Corporation

·         3M ESPE

·         Argen Corporation

·         Henry Schein Inc

·         TP Orthodontics Inc

·         SmileDirect Club

·         Angel Aligner

Recent Developments

In May 2023, SmileDirect Club declared the US launch of patented SmileMaker platform that will expand the technology for teeth straightening. This platform uses AI for capturing 3D scan of teeth, thus making it easier for consumers to undertake the clear aligner treatment.

In May 2022, Straumann Group acquired PlusDental for expanding its position in the field of consumer orthodontics, and providing clear aligner treatments to potential patients.

In December 2021, Henry Schein Inc. launched Studio Pro 4.0 which is a treatment planning software for clear aligners. This software allows dental practitioners to customize, visualize, and communicate plans for the treatment of clear aligner.

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