Asia Pacific Clear Aligners Market Size, Share & COVID-19 Impact Analysis, By Age Group (Teenager and Adult), By End User (Dentist & Orthodontist Owned Practices and Others), and Regional Forecast, 2023-2030

Asia Pacific is the third largest region in the global clear aligners market. It is projected to record a CAGR of 29.7% during the forecast period. The global market for clear aligners is projected to grow from USD 3.32 billion in 2022 to USD 17.27 billion by 2030.

Growing adoption of clear aligners has prompted key market players in the region to increase their R&D investments and emphasize on continuous innovation to launch new products and expand their portfolios. Citing an instance, in 2021, Angelalign Technology Inc. launched a new generation of self-adaptive polymer material called masterControl S that is applied to its angel aligner Pro & Classic. Similar efforts from other leading players will accelerate the Asia Pacific clear aligners market growth during the forecast period. The adults segment dominates the Asia Pacific clear aligners market share.

This report on the Asia Pacific market covers the following countries/regions - China, Japan, India, Australia, Southeast Asia and Rest of Asia Pacific.

LATEST TRENDS

Unmet Population Needs to Offer New Market Growth Opportunities

The recent market trends show an emerging interest in addressing the rising product demand by making continuous technological advancements. Public, as well as private health reforms and organizations, are coming together to fill the gaps in orthodontic treatment and educate people about the treatment options available for malocclusion treatment. One of the technological advancements includes the introduction of teledentistry, which has emerged as an essential tool to increase accessibility of clear aligners for patients in remote areas. This is anticipated to offer growth opportunities for market players in the coming years.

DRIVING FACTORS

Growing Disposable Income in Asian Countries to Drive Market Growth

One of the driving factors of the market includes the growing disposable incomes in Asian countries, which is encouraging patients to adopt clear aligners due to the several benefits they offer. The rapid rise in the number of dental and orthodontic clinics in the region is another significant factor that is boosting the demand for these aligners and augmenting the market growth.

• According to an article published by FitchSolutions in May 2022, the average disposable income in India is estimated to grow by an average of 9.5% annually from USD 6,500 in 2022 to USD 8,300 in 2026.

RESTRAINING FACTORS

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Unfavorable Reimbursement Policies May Hinder Market Growth 

Despite growing prevalence of malocclusion and demand for its treatment, one of the key factors hindering the market growth is lack of reimbursement policies for orthodontic treatments in some Asian countries, such as India, China, and Japan. The dental insurance in these countries covers oral check-up, dental injury, root canal treatment, fillings, and preventive treatment, but it does not cover clear aligner treatment. As a result, this treatment may become an economic burden on patients, which may prevent them from opting for this treatment option. This factor will limit the market growth in the forecast period.

• As per an article published in ResearchGate in 2020, the per capita dental expenditure of Chinese adults was USD 20.54 and more than 90% of the expenditure was out-of-pocket. Initiatives for favorable reimbursement policy will offer opportunities for the market’s growth.

KEY INDUSTRY PLAYERS

In terms of competitive landscape, Align Technology, Inc., Angelalign Technology Inc., and Ormco Corporation are the key players of the Asia Pacific market. The companies are focused on strengthening their market position through active investment in R&D by getting approvals in various Asian countries.

Other prominent players, such as Institut Straumann AG and Dentsply Sirona are focusing on introducing programs for specialist and general practitioner education to increase their product adoption rate. Some of the other major players are Henry Schein, 3M, and others. These companies are focused on strengthening their product portfolios by developing their own digital platform to streamline the production process of clear aligners and increase their market share in the Asia Pacific region.

LIST OF KEY COMPANIES PROFILED:

• 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.)


• Argen Corporation (U.S.)


• Angelalign Technology Inc. (China)

KEY INDUSTRY DEVELOPMENTS:

• July 2022: uLab Systems, Inc., received approval from the Therapeutic Goods Administration (TGA) for its clear aligner platform to expand its availability in Australia and New Zealand.


• January 2022: SheepMedical Co., Ltd., a leading clear aligner producer of Japan, launched KiyoClear in key Asian markets starting with India.


• March 2021: Institut Straumann AG entered an agreement with the Shanghai Xin Zhuang Industrial Park (SHXIP) to expand its presence in China by establishing its first campus for Chinese dentists.

REPORT COVERAGE

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The market report provides qualitative and quantitative insights on the market and a detailed analysis of the market’s size & growth rate for all possible segments in the market. Along with the market forecast, the research report provides an elaborative analysis of the market dynamics and competitive landscape. Various key insights presented in the report are overview of the number of procedures, price analysis of types of products, technological advancements in clear aligners treatment, prevalence of dental malocclusion in key countries in 2022, pricing analysis, reimbursement scenario of orthodontic treatment & clear aligners, key industry developments – mergers, acquisitions & partnerships, brand analysis, and the impact of COVID-19 on the market.

Report Scope & Segmentation