The global invisible orthodontics market is anticipated to grow at a considerable CAGR of 12.1% during the forecast period (2024-2031). The market growth is mainly attributed to the growth in the number of dental problems and strategic initiatives by the major players across the globe. The growth in the orthodontics market concerning the need for new technologies such as clear aligners is estimated to drive the growth of the invisible orthodontics market in the forecast period. In addition to this, dental tourism and dental aesthetics, the improved lifestyles of children as well as adults have increased awareness and understanding of teeth improvement. Besides, several companies collaborate to increase their market share in several regions. For instance, in January 2019, Straumann Group announced the collaboration with Tianjin ZhengLi Technology Company to increase its market share of clear aligners in China.
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Moreover, in February 2021, ALIGNERCO has announced the launch of its unique NightOnly clear aligners, which are transparent aligners that may be worn at night. This new line of aligners, which the firm offered in the US at an accessible price, has enhanced the brand’s trust in the market, resulting in greater demand for the product. In addition to this, in April 2019, CVS Health announced the collaboration with SmileDirectClub to expand its access to convenient and affordable clear aligner therapy to all. In August 2019, Henry Schein acquired majority stakes in Cliniclands which is served dental practices throughout Sweden, Denmark, and Norway. With the completion of the acquisition, the company had the operation in 32 countries. The acquisition was done for around $9.5 million. Thus, the strategies adopted by the major players in the launches of clear aligners for solving the dental problems is the major factor that is driving the growth during the forecast period.
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Market Coverage
- Segment Covered-
o By Product Type
o By Age Group
o By End-User
- Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
- Competitive Landscape- DENTSPLY SIRONA Inc., Henry Schein, Inc., Align Technology, Inc., Institut Straumann AG, 3M Co., DB Orthodontics, and Danaher Corp., among others
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominate the market in the base year?
- Which segment and region will project the fastest growth in the market?
- How has COVID-19 impacted the market?
o Deviation from the pre-COVID-19 forecast
o Most affected region and segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
Global Invisible Orthodontics Market Report Segment
By Product Type
- Clear aligners
- Ceramic Braces
- Lingual Orthodontics
- Clear Retainers
By Age Group
- Children
- Adolescent
- Adults
By End-User
- Hospital Facilities
- Dental & Orthodontic Clinics
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