Pune, India, June 27, 2023 (GLOBE NEWSWIRE) -- The US clear aligners market size was valued at USD 1.79 billion in 2022 and is expected to be worth USD 1.98 billion in 2023. The industry is projected to be valued at USD 7.62 billion by 2030, recording a CAGR of 21.2% during the forecast period.
Orthodontists are increasingly viewing clear aligners as an attractive dental treatment option as these products are known to significantly improve the quality of patient care and outcome. They are also highly efficient and becoming quite popular among the American population as they are taking various steps to improve their dental aesthetics. This has prompted many leading market players to execute various promotion strategies, such as advertisements to create public awareness about these products. These factors are expected to boost the U.S. clear aligners market growth.
Fortune Business Insights™ displays this information in a report titled, "U.S. Clear Aligners Market, 2023-2030."
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Notable Industry Development:
November 2022: Ormco Corporation, a U.S.-based firm, introduced its Spark Clear Aligners Release 13 which will improve end-users’ overall treatment planning and efficiency.
Key Takeaways:
- The increasing demand for orthodontic treatments, and high prevalence of dental malocclusion are major factors driving the growth of the market.
- The increasing awareness among adults regarding dental aesthetics might drive the growth of the market.
- The teenage segment is expected to register a comparatively higher CAGR during the forecast period.
Discover the Leading Players Featured in the Report:
“Companies leading the US clear aligners market are Align Technology, Inc. (U.S.), 3M (U.S.), Institut Straumann AG (Switzerland), Ormco Corporation (Envista) (U.S.), Dentsply Sirona (U.S.), Henry Schein, Inc. (U.S.), Candid Care Co. (U.S.), SmileDirectClub, Inc. (U.S.), Byte (Dentsply Sirona) (U.S.), Argen Corporation (U.S.)”
Report Scope & Segmentation:
| Report Coverage | Details |
| Forecast Period | 2023 to 2030 |
| Forecast Period 2023 to 2030 CAGR | 21.2% |
| 2030 Value Projection | USD 7.62 Billion |
| Base Year | 2022 |
| Market Size in 2023 | USD 1.98 Billion |
| Historical Data | 2019 to 2021 |
| No. of Pages | 108 |
| Segments covered | Age Group, End-user |
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Drivers and Restraints:
Product’s Advantages over Conventional Orthodontics to Boost Market Growth
The demand for clear aligners has skyrocketed in recent years as more people are becoming aware of the benefits of using these dental products to rectify misaligned teeth. Some of these benefits include greater comfort & convenience, the invisibility of these orthodontic tools, and greater possibility of customization. Transparent aligners do not cause irritation to the cheeks and gums, and patients do not need to visit dental clinics frequently.
However, low awareness about malocclusion and high cost of these products can hamper the market growth.
Segmentation:
Adults to Increase Usage of Transparent Aligners to Improve Dental Aesthetics
Based on age group, the market is segmented into teenage and adults. The adult segment held a dominant clear aligners market share in 2022 and is expected to continue its dominance during the forecast period. One of the major factors contributing to the segment’s growth is the rising need for improving dental aesthetics among adults.
Patients to Increase Visits to Dentist & Orthodontist-Owned Practices to Treat Acute Malocclusion
The end user segment is classified into dentist & orthodontist-owned practices and others. The dentist & orthodontist-owned practices segment is expected to dominate the market during the forecast period as a growing number of patients are visiting these clinics to treat acute malocclusion.
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Competitive Landscape:
Align Technology’s Strong Sales and Growing Use of Digital Tools to Boost Market Competition
As far as the market’s competition landscape is concerned, it has a vast range of reputed and emerging orthodontic companies. However, at present, Align Technology Inc. has held a dominant U.S. clear aligners market share as the company recorded strong sales of its flagship aligner product, the Invisalign system. Moreover, the company has adopted various digital tools to streamline its clear aligner treatments, which has enhanced its volume of shipments and sales. These factors can intensify competition in the industry.
Table of Content:
- Introduction
- Research Scope
- Market Segmentation
- Research Methodology
- Definitions and Assumptions
- Executive Summary
- Market Dynamics
- Market Drivers
- Market Restraints
- Market Opportunities
- Market Trends
- Key Insights
- Key Industry Developments - Mergers, Partnerships, & Acquisitions
- New Product Launches
- Number of Dentists and Orthodontists in U.S., 2018-2022
- Number of Orthodontic Procedures in U.S., 2018-2022
- Prevalence of Dental Malocclusion in the U.S., 2016-2022
- Impact of COVID-19 on the U.S. Clear Aligners Market
- Key Market Players – Analyzing the Impact of COVID-19
- Pricing Analysis
- Reimbursement Scenario
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- Brand Analysis
- Brand Comparison
- Brand Penetration
- U.S. Clear Aligners Market Analysis, Insights and Forecast, 2019-2030
- Market Analysis, Insights and Forecast – By Age Group
- Teenage
- Adult
- Market Analysis, Insights and Forecast – By End User
- Dentists & Orthodontists Owned Practices
- Others
- Market Analysis, Insights and Forecast – By Age Group
- Competitive Analysis
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- U.S. Market Share Analysis (2022)
- Company Profiles (Overview, Products, SWOT Analysis, Recent Developments, Strategies, Financials (Based on Availability))
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- Align Technology, Inc.
- 3M
- Institut Straumann AG
- Ormco Corporation (ENVISTA HOLDINGS CORPORATION)
- Dentsply Sirona
- Henry Schein, Inc.
- Candid Care Co.
- SmileDirectClub, Inc.
- Byte (Dentsply Sirona)
- Argen Corporation
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FAQs:
How big is the US clear aligner market?
US Clear Aligners Market size is USD 1.98 billion in 2023. It is expected to reach USD 7.62 billion by 2030.
How fast is the US Clear Aligners Market growing?
The US Clear Aligners Market will exhibit a CAGR of 21.2% during the forecast period, 2023-2030.
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