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Clear Aligners Market Analysis | CMI

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Clear Aligners Market Analysis | CMI

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  1. Coherent Market Insights Market Research and Business Consulting Services https://www.coherentmarketinsights.com/ COVID-19 Impact Tracker

  2. CLEAR ALIGNERS MARKET ANALYSIS • Clear Aligners Market - by Material Type (Polyurethane Plastic, Polyethylene Terephthalate Glycol (PETG), Poly-vinyl Chloride (PVC), and Others), by Age Group (Children, and Adults), by End User (Hospitals, and Dental Clinics), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) – Size, Share, Outlook and Opportunity Analysis, 2018 – 2026 • The global clear aligners market size was valued at US$ 1,789.2 million in 2017, and is expected to exhibit a CAGR of 17.0% over the forecast period (2018 – 2026).

  3. The Clear Aligners Market is expected to gain significant traction owing to rising disposable income, people are willing to spend more on dental services, both medical and cosmetic. According to the American Academy of Cosmetic Dentistry, in the U.S., dental cosmetic services are becoming increasingly popular, with citizens spending majorly on professional teeth whitening and straightening.

  4. Figure 1. Global Clear Aligners Market Value (US$ Mn), by Region, 2018

  5. Market Drivers • Increased spending on dental health to propel clear aligners market growth • Increased financial support for healthcare from public and private sources such as the Centers for Medicare and Medicaid Services (CMS) has reduced out-of-pocket spending. Therefore, spending on dental health has increased further over the past few years due to growing support from CMS and American Dental Association (ADA). For instance, according to the American Dental Association, in the U.S., dental care expenditure was valued at US$ 117.5 Bn in 2015. • Rising government support in emerging economies for growth of healthcare sector is expected to drive growth of the clear aligners market during the forecast period. For instance, the Government of India permitted 100% FDI World Dental Federation for health and medical services and also reduced the custom duty on all medical devices, including dental devices from 7.5% to 5% in 2013-14, which in turn created a highly conducive environment for growth of the market in the country. • Improvement in dental care infrastructure in emerging economies is another factor that is expected to fuel market growth. The dentist-population ratio has drastically improved in the past one to two decades. For instance, in 2014, the dentist-population ratio in India reached 1:10,000 from 1:300,000 in 1960.

  6. Figure 2. Global Clear Aligners Market Share (%), by Age Group, 2018 and 2026

  7. Increasing prevalence of oral health issues to bolster the market growth • Increasing prevalence of oral health diseases such as crooked teeth diseases (Malocclusion) is driving growth of the clear aligners market. The indication of crooked teeth includes crowding, cross bite, open bite, overbite, spacing, and underbite. • According to the SRM Journal of Research in Dental Sciences, November 2014, the prevalence of crowding was around 51.4% in girls and 50.4% in boys, and cross-bite was around 18.3% in girls and 17.8% in boys in Indian schools children. • Moreover, the prevalence of Angles Class 1 malocclusion was around 80.2% in girls and 78.4% in boys and the Angle class 2 malocclusion was around 19.8% in girls and 21.5% in boys, whereas the class 3 malocclusion was around 0.1% in boys, according to the above reference.

  8. Key Players • Major players operating in the global clear aligners market include Align Technology, Inc., DynaFlex, Dentsply Sirona, Inc., SmileDirectClub, Straumann Group, Danaher Corporation, Henry Schein, Inc., Great Lakes Dental Technologies, Rocky Mountain Orthodontics, and eXceed.

  9. Key Development • Market players are focused on launching cost effective products for patients, thereby providing affordable options and propelling the market growth. For instance, in September, 2018, Dentsply Sirona Inc. introduced the SureSmile Aligner clear aligner solution at Dental Meeting in Orlando

  10. Request Sample Report • Request Customization • Download PDF Brochure • Talk to Analyst • Reference : https://www.coherentmarketinsights.com/market-insight/clear-aligners-market-2411

  11. About Us Coherent Market Insights is a global market intelligence and consulting organization focused on assisting our plethora of clients achieve transformational growth by helping them make critical business decisions. What we provide: • Customized Market Research Services • Industry Analysis Services • Business Consulting Services • Market Intelligence Services • Long term Engagement Model • Country Specific Analysis

  12. Contact Us Mr. Shah Coherent Market Insights Pvt.Ltd. Address: 1001 4th Ave, #3200 Seattle, WA 98154, U.S. Phone: +1-206-701-6702 Email: sales@coherentmarketinsights.com

  13. Thank You! Kindly follow CMI Social Media Profiles for the latest company updates Facebook Linkedin Twitter https://www.coherentmarketinsights.com/

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