November 11, 2019
As per the recent study report available with Market Study Report LLC under the title ‘Global Clear Aligner Market: Analysis By End Users (Teenagers, Adults), By Region, By Country (2018 Edition): Opportunities and Forecast (2013-2023): By Region (North America, Europe, Asia Pacific, ROW), By Country (U.S., Canada, Mexico, United Kingdom, Germany, China, Japan, South Korea)’, the global clear aligner market is anticipated to grow with a CAGR of 16.15% during the period of 2018-2023.
Clear aligners are dental braces used for orthodontic treatment of teeth alignment. The product is in the form of plastic and is transparent, hence improving the facial aesthetics. This feature is making clear aligner popular among the consumers, thereby augmenting the market growth. Rising number of orthodontic patients, increasing per capita healthcare expenditure, alongside the creative marketing strategies adopted by market players are further boosting the growth of clear aligner market.
As per the end-user spectrum, the market is segmented as teenagers and adults, wherein the former segment is predicted to register substantial growth over the forecast period, pertaining to rising awareness regarding dental hygiene, widespread adoption of western culture, and preference for better aesthetics among the teenagers.
Considering the geographical landscape, the global clear aligner market is split into regions, namely, Asia Pacific, North America, Europe and rest of world, with key focus on countries including Canada, U.S., Mexico, United Kingdom, Germany, South Korea, Japan, and China. In addition, North America led the clear aligner market in 2018, on account of advanced dental machines and availability of dental insurance across the region, claims the study.
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The key players operating in clear aligner market include Geniova Technologies, Align Technology, SmileDirectClub, Dentsply Sirona, 3M, Straumann Group, Henry Schein, and Danaher Corporation.
Notably, the study analyzes the competitive landscape of clear aligner market using Porter Five Force Analysis and offers details about product profiles, pricing trends and expansion strategies for each market player. A comprehensive insight pertaining to market dynamics is also given in the report.
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