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WASHINGTON, March 07, 2022 (GLOBE NEWSWIRE) — Summary: [175+ Pages Research Study] According to a market research study published by Vantage Market Research, the demand analysis of Global Clear Aligners Market size & share revenue is expected to make approximately USD 28.17 Billion in revenue by 2028, with a CAGR of around 28.9% between 2022 and 2028. The key market players are listed in the report with their revenues, sales, and strategies are Dentsply Sirona, 3M EPSE, Henry Schein Inc., Patterson Companies Inc., TP Orthodontics Inc., Align Technology Inc., Danaher Corporation Inc., Dentsply International Inc. and Straumann Group.
Vantage Market Research’s recent analysis of the Global Clear Aligners Market finds that mounting demand for aesthetics as well as swelling demand for clear braces in orthodontic treatment in addition to technological advancements along with increasing spending from population are factors that influence the growth of Clear Aligners Market. The total Global Clear Aligners Market is estimated to reach USD 28.17 Billion by 2028.
The Global Market stood at a revenue of USD 3.24 Billion in the year 2021, and expected to grow at a Compound Annual Growth Rate (CAGR) of 28.9%, states Vantage Market Research, in a report, titled “Clear Aligners Market by Age (Adults, Teens), by End-Use (Hospitals, Standalone Practices, Group Practices, Others), by Region (North America, Europe, Asia Pacific, Latin America) – Global Industry Assessment (2016 – 2021) & Forecast (2022 – 2028)”.
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Market Dynamics:
Drivers:
Increasing prevalence of dental diseases
During the last few years, there is a significant increase in the prevalence of the various dental compilations. Increasing spending, changing lifestyle, and rising geriatric population have elevated the demand for the clear aligners across the globe. According to the oral health foundation, 20% of the children’s are admitted to the hospital due to dental complications. Now-a-days, Dental health is one of the major concern in the society. Clear aligners have helped to maintain the alignment of the teeth thereby improving the appearance Changing lifestyle and increasing awareness for maintaining oral health have boosted the growth of market. Various macros and micro economic parameters affect the market growth such as population, spending power of the people, cost of procedures and many more. Developing countries such as India and China are expecting a huge future for the market being of the most populated countries in the world.
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Rising demand for dental procedures
Owing to rising incidences of dental problems, the demand for dental procedures is increasing. Moreover, increasing development in dental technology is creating special opportunities for the market growth. Especially in the developing countries such as, India, China, Brazil among others. However, the market growth is estimated to be restrained by the high procedural & equipment costs and reported cases of the peri-implant malignancies besides other conditions such as peri-implant mucositis and peri-implantitis.
COVID-19 Impact Analysis:
The COVID-19 outbreak has…
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