The global ”clear aligners industry“ size is expected to showcase considerable growth by reaching USD 10.04 billion by 2028 while exhibiting a stellar CAGR of 19.7% between 2021 and 2028. Fortune Business Insights in its latest report, titled, “Clear Aligners Market, 2021-2028”, mentions that the market stood at USD 2.41 billion in 2020 and is likely to showcase exponential growth during the forecast period. This is attributable to the increasing focus on the development of advanced clear aligners and the growing demand for aesthetics among the young generation globally. In September 2020, Align Technology, Inc., announced the launch of Invisalign Stickables. The innovative stickers are designed primarily to be adopted with the SmartTrack material in the clear dental aligners.
The effect of the global pandemic, COVID-19, has been felt across several economies that are facing unprecedented loss. Owing to the lockdown announced by the government agencies, several industries have been on a standstill with limited operational activities. However, a collective effort from the government as well as the industries is likely to bring the economy back on track and aid in resumption of industrial activities.
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Out research methodology is robust and includes data triangulation based on bottom-up and top-down approaches. We validated the approximate market number with the help of primary research. Secondary research was conducted to find out detailed information about mergers acquisitions, collaborations, joint ventures, and agreements. At the same time, we have derived significant information about the market dynamics associated with growth drivers, trends, and obstacles.
An Overview of the Impact of COVID-19 on this Market :
The emergence of COVID-19 has brought the world to a standstill. We understand that this health crisis has brought an unprecedented impact on businesses across industries. However, this too shall pass. Rising support from governments and several companies can help in the fight against this highly contagious disease. There are some industries that are struggling and some are thriving. Overall, almost every sector is anticipated to be impacted by the pandemic.
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We have categorized the global market for clear aligners based on patient age group, end-user, and region. On the basis of the patient age group, the market is segmented into teenagers and adults. Based on end-user, the market is categorized into hospitals and dental orthodontic clinics. Furthermore, based on end-users, the dental orthodontic clinics segment is expected to showcase exponential growth backed by the increasing prevalence of malocclusion disorder globally.
Lastly, based on the region, the market is divided into North America, Asia-Pacific, Europe, and Rest of the World.
What does the Report Include?
The global market report includes qualitative and quantitative analysis of several factors such as the key drivers and restraints that will impact growth. Additionally, the report provides insights into the regional analysis that covers different regions, which are contributing to the growth of the market. It includes the competitive landscape that involves the leading companies and the adoption of strategies by them to announce partnerships, introduce new products, and collaboration that will further contribute to the growth of the market between 2020 and 2027. Moreover, the research analyst has adopted several research methodologies such as SWOT and PESTEL analysis to extract information about the current trends and industry developments that will drive the market growth during the forecast period.
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Increasing Focus on Under-Penetrated Region to Augment Growth
The Middle East and Africa and other emerging economies are still untapped and present lucrative opportunities for the market players to strengthen their position. In addition to this, supportive government initiatives to create awareness among the population regarding oral health is driving the demand for advanced clear aligners across the globe. This is expected to bode well for the global clear aligners market growth in the forthcoming years.
North America – The region stood at USD 1.41 billion in 2020 and is expected to hold the largest global clear aligners market share in terms of revenue during the forecast period. This is ascribable to factors such as the strong demand for invisible orthodontics due to the increasing awareness among the young population of these products in the region.
Europe – The region is expected to hold the second position in the market during the forecast period. This is attributed to the increasing awareness regarding the availability of advanced clear aligners products in the region between 2021 and 2028.
Product Innovation by Eminent Companies to Amplify Their Market Positions
The global market is experiencing significant competition from the players operating in the market. These players are focusing on developing innovative dental aligners to cater to the growing demand from the healthcare sector. Additionally, adoption of strategies such as merger and acquisition, collaboration, and facility expansion by other companies to maintain their stronghold is expected to favor the market growth in the forthcoming years.
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- January 2021 - Ormco Corporation unveiled Spark Clear Aligner Release 10, its advanced upgrade over previous therapy. Moreover, the company launched a suite of enhancements for its Approver software and case management portal. It is designed to give orthodontists greater start-to-finish control and flexibility for efficient treatment planning.
- March 2020: Align Technology, Inc. announced the acquisition of Global Holdings GmbH, a leading dental CAD/CAM software provider. The acquisition is expected to help integrate the workflow of dental professionals across 150 countries.
List of the Companies Profiled in the Global Market:
- Align Technology, Inc. (San Jose, U.S.)
- 3M (Maplewood), U.S.)
- Institut Straumann AG (Basel, Switzerland)
- Ormco Corporation (Envista) (Brea, U.S.)
- 3Shape A/S (Copenhagen, Denmark)
- Dentsply Sirona (York, U.S.)
- Argen Corporation (San Diego, U.S.)
- Henry Schein, Inc. (Melville, U.S.)
Table of Contents:
1 Market Overview
1.1 E-bike Introduction
1.2 Market Analysis by Type
1.3 Market Analysis by Applications
1.4 Market Analysis by Regions
1.4.1 North America (United States, Canada and Mexico)
22.214.171.124 United States Market States and Outlook (2020-2026)
126.96.36.199 Canada Market States and Outlook (2020-2026)
188.8.131.52 Mexico Market States and Outlook (2020-2026)
1.4.2 Europe (Germany, France, UK, Russia and Italy)
184.108.40.206 Germany Market States and Outlook (2020-2026)
220.127.116.11 France Market States and Outlook (2020-2026)
18.104.22.168 UK Market States and Outlook (2020-2026)
22.214.171.124 Russia Market States and Outlook (2020-2026)
126.96.36.199 Italy Market States and Outlook (2020-2026)
1.4.3 Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
188.8.131.52 China Market States and Outlook (2020-2026)
184.108.40.206 Japan Market States and Outlook (2020-2026)
220.127.116.11 Korea Market States and Outlook (2020-2026)
18.104.22.168 India Market States and Outlook (2020-2026)
22.214.171.124 Southeast Asia Market States and Outlook (2020-2026)
1.4.4 South America, Middle East and Africa
126.96.36.199 Brazil Market States and Outlook (2020-2026)
188.8.131.52 Egypt Market States and Outlook (2020-2026)
184.108.40.206 Saudi Arabia Market States and Outlook (2020-2026)
220.127.116.11 South Africa Market States and Outlook (2020-2026)
18.104.22.168 Turkey Market States and Outlook (2020-2026)
1.5 Market Dynamics
1.5.1 Market Opportunities
1.5.2 Market Risk
1.5.3 Market Driving Force
2 Manufacturers Profiles
3 Global E-bike Sales, Revenue, Market Share and Competition by Manufacturer (2017-2018)
3.1 Global E-bike Sales and Market Share by Manufacturer (2017-2018)
3.2 Global E-bike Revenue and Market Share by Manufacturer (2017-2018)
3.3 Market Concentration Rate
3.3.1 Top 3 E-bike Manufacturer Market Share in 2018
3.3.2 Top 6 E-bike Manufacturer Market Share in 2018
3.4 Market Competition Trend
4 Global E-bike Market Analysis by Regions
4.1 Global E-bike Sales, Revenue and Market Share by Regions
4.1.1 Global E-bike Sales and Market Share by Regions (2020-2019)
4.1.2 Global E-bike Revenue and Market Share by Regions (2020-2019)
4.2 North America E-bike Sales and Growth Rate (2020-2019)
4.3 Europe E-bike Sales and Growth Rate (2020-2019)
4.4 Asia-Pacific E-bike Sales and Growth Rate (2020-2019)
4.5 South America E-bike Sales and Growth Rate (2020-2019)
4.6 Middle East and Africa E-bike Sales and Growth Rate (2020-2019)
5 North America E-bike by Country
5.1 North America E-bike Sales, Revenue and Market Share by Country
5.1.1 North America E-bike Sales and Market Share by Country (2020-2019)
5.1.2 North America E-bike Revenue and Market Share by Country (2020-2019)
5.2 United States E-bike Sales and Growth Rate (2020-2019)
5.3 Canada E-bike Sales and Growth Rate (2020-2019)
5.4 Mexico E-bike Sales and Growth Rate (2020-2019)
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SECONDARY RESEARCH IS CONDUCTED TO DERIVE THE FOLLOWING INFORMATION:
- Details such as revenues, market share, strategies, growth rate, product their pricing by region/country for all major companies
- Details in relation to prevalence, incidence, patient numbers, distribution of patients, average price of treatment, etc.
- Number of end user facilities by region/country and average annual spending or procurement of devices by type of end user facility
- Number of procedures and average price of procedures
- Replacement rate and pricing of capital equipment
- Market dynamics in relation to the market under focus – Drivers, restraints, trends, and opportunities
- Market technological trends, new product developments, product pipeline.
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