The global clear aligners market size was valued at USD 3.45 billion in 2021. The market is expected to grow from USD 4.09 billion in 2022 to USD 16.11 billion by 2029, exhibiting a CAGR of 21.6% during the forecast period. The rising prevalence of malocclusion and unmet population needs are likely to elevate this industry’s progress. Fortune Business Insights™ provides this information in its report titled “Clear Aligners Market, 2022-2029.”
Key Industry Development
- March 2022: Dentsply Sirona engaged in a partnership with Dental Medical Ireland (DMI) to enhance its SureSmile clear aligner preference among consumers.
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Drivers and Restraints
Robust Dental Aesthetics Adoption to Propel Market Growth
Clear aligners are used to solve mild to moderate orthodontic issues. Increasing malocclusion cases and robust dental aesthetic adoption are expected to foster the demand for clear aligners. Further, the treatment's rising benefits compared to traditional methods are likely to foster the demand for aligners. Moreover, increasing advantages of clear aligners, including comfort, convenience, appearance, and higher customizability, are likely to elevate its sales. Also, the robust demand for advanced orthodontics is likely to foster the product adoption. These factors may drive the clear aligners market growth.
However, rising competition from direct-to-consumer manufacturers may hinder market progress.
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