Invisalign Market to Post 19.7% CAGR and Reach USD

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Pune, India, October 6, 2021 (GLOBE NEWSWIRE) – The world Invisalign Market The size is expected to reach USD 10.04 billion by 2028, with a CAGR of 19.7% during the forecast period. The growing demand for transparent aligners in orthodontic treatment can have a huge impact on the growth of the market, says Fortune Business Insights in a report titled “Invisalign Market, 2021-2028”. The market was worth $ 2.41 billion in 2020.

Key development:
January 2021: Ormco Corporation has released Spark Clear Aligner Release 10. This is the most significant upgrade that includes exclusive features previously unavailable with transparent alignment therapy. The company also introduced a suite of enhancements to its Approver software and case management portal, designed to give orthodontists better control and flexibility from start to finish for more predictable and efficient treatment planning. .

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Impact of COVID-19:

The COVID-19 disease was first discovered in 2019 and has posed a major health challenge around the world. A few months after the discovery of the coronavirus in China, the effects of the coronavirus epidemic were felt all over the world. Due to isolation restrictions, some countries have suspended elective surgeries and closed dental clinics, which has had a significant impact on the dental industry. Initially in China and Italy, and now in most countries, the outbreak has resulted in national lockdowns and stay-at-home orders, which have had a major impact on elective surgery, negatively affecting the market.

Elective operations, for example, were hit hard in the early months of the outbreak in China and Italy, with estimates ranging from 85.0% to 90.0%. In addition, comparable effects were observed in the United States and other European countries. Compared to pre-pandemic levels, the UK’s average monthly processing volume had declined by more than 95% by May 2020.

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Market segments:

Based on the age group of patients, the global market can be segmented into adolescents and adults. Due to the rapid acceptance of these technologically sophisticated products as therapy, the adult category held the majority of Invisalign’s market share in 2020.

Based on the end user, the market can be segmented into dental and orthodontic hospitals and clinics. Due to the rapid acceptance of these technologically sophisticated products as therapy, the adult category held the majority of the global market in 2020. The market is divided into four regions: North America, Europe, Asia-Pacific and the rest of the world. world.

What does the report include?

The market report comprises a detailed assessment of the various growth drivers and restraints, opportunities and challenges that the market will face over the projected period. Further, the report provides comprehensive research on regional market developments affecting its growth during the forecast period. It includes information sourced from expert industry professional advice by our research analysts using multiple methodologies. The competitive landscape offers more detailed information on strategies such as product launches, partnerships, mergers and acquisitions and collaborations adopted by companies to maintain the market position of strength between 2021 and 2028.

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Increasing the supply of transparent aligners to increase market growth

The market is expected to grow thanks to collaborations, the training of new doctors and technical progress. Large dental product companies have acquired and launched new products in this profitable industry in recent years. Straumann, for example, bought ClearCorrect LLC in 2017 and Dentsply Sirona bought OraMetrix in 2018. With a strong focus on R&D, companies are focused on developing new products and improving current product offerings. There is a constant attempt to make the products more comfortable and hygienic and to improve the 3D modeling software used to develop these products according to the needs of the patient.

Through training, industry participants also improve knowledge of the product’s benefits among orthodontics, dentists and general practitioners. According to a study published in Progress in Orthodontics in 2018, approximately 45.0% of general dentists providing orthodontic treatment provided transparent aligners, compared to only 19.0% of brackets.

Well-established orthodontic clinics to encourage development in North America

The market size of Invisalign in North America was $ 1.41 billion in 2020, and it is expected to continue to dominate the global market during the projected period. The presence of important companies in the region, such as Align Technology, and the increase in R&D spending by these important players, are some of the main reasons that contribute to the supremacy of the region. Another contributing factor is the significant adoption of technologically innovative items by individuals in the region.

In addition, the growing demand for invisible orthodontics will drive the expansion of the market in the region due to the increased awareness of these products in the region. In North America, other factors are expected to fuel the expansion of the market in the region, including increased demand for these products from orthodontists, an increase in general practitioner (GP) clientele, favorable reimbursement policies for dentistry and the existence of welfare. established orthodontic clinics. The United States has the most transparent aligners in the world, followed by China and Spain.

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Align Technology, Inc will hold the largest market share

Align Technology, Inc. is the dominant player in the global market, and will continue to be so during the forecast period. This growth can be attributed to Invisalign, the company’s main product portfolio, which is the only transparent aligner used to treat a range of difficult dental conditions, including adults and adolescents with immature teeth. For example, Invisalign Stickables, a kind of revolutionary sticker developed for use with the SmartTrack material in Invisalign clear aligners, will be released in September 2020.

List of Key Players Covered By The Invisalign Market Report

  • Henry Schein, Inc. (Melville, United States)
  • Dentsply Sirona (York, USA)
  • Ormco Corporation (Envista) (Brea, United States)
  • 3M (Maplewood), United States)
  • Argen Corporation (San Diego, United States)
  • 3Shape A / S (Copenhagen, Denmark)
  • Institut Straumann AG (Basel, Switzerland)
  • Align Technology, Inc. (San José, United States)

Global segmentation of the Invisalign market:

By patient age group

By end user

  • Hospitals
  • Dental and orthodontic clinics

By geography

  • North America (United States and Canada)
  • Europe (UK, Germany, France, Italy, Spain and rest of Europe)
  • Asia-Pacific (Japan, China, India, Australia, Southeast Asia and the rest of Asia-Pacific)
  • Rest of the world

Contents :

  • introduction
    • Scope of research
    • Market segmentation
    • Research methodology
    • Definitions and assumptions
  • Abstract
  • Market dynamics
    • Market factors
    • Market constraints
    • Market opportunities
  • Key ideas
    • Overview of Technological Advances – Treatment of Transparent Aligners
    • Prevalence of dental malocclusion: key countries, 2018
    • Price Analysis
    • Overview of reimbursement scenario – Orthodontic treatment
    • Reimbursement Scenario Overview – Clear Aligners
    • Key Industry Developments – Mergers, Partnerships and Acquisitions
    • Brand analysis
  • Global Invisalign Market Analysis, Outlook and Forecast, 2017-2028
    • Main conclusions / Summary
    • Market Analysis, Information & Forecast – By Patient Age Group
    • Market analysis, information and forecasts – by end user
      • Hospitals
      • Dental and orthodontic clinics
    • Market analysis, information and forecasts – by region
      • North America
      • Europe
      • Asia Pacific
      • Rest of the world
  • North America Invisalign Market Analysis, Outlook and Forecast, 2017-2028
    • Main conclusions / Summary
    • Market Analysis – By Patient Age Group
    • Market Analysis – By End User
      • Hospitals
      • Dental and orthodontic clinics
    • Market analysis – by country
  • Europe Invisalign Market Analysis, Outlook and Forecast, 2017-2028
    • Main conclusions / Summary
    • Market Analysis – By Age Group
    • Market Analysis – By End User
      • Hospitals
      • Dental and orthodontic clinics
    • Market analysis – By country / sub-region
      • UK
      • Germany
      • France
      • Spain
      • Italy
      • Scandinavia
      • The rest of europe
  • Asia-Pacific Invisalign Market Analysis, Outlook and Forecast, 2017-2028
    • Main conclusions / Summary
    • Market Analysis – By Patient Age Group
    • Market Analysis – By End User
      • Hospitals
      • Dental and orthodontic clinics
    • Market analysis – By country / sub-region
      • Japan
      • China
      • India
      • Australia
      • South East Asia
      • Rest of Asia-Pacific

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