Asia Pacific invisible braces market is forecast to grow at a CAGR of 33% during 2016 – 2022
Wednesday, 26 Sep, 2018

Asia Pacific invisible braces market is forecast to grow at a CAGR of 33% during 2016 – 2022, driven by increasing demand for invisible braces among the population given the aesthetic factors associated with the same and the growing technological innovation. While the market has witnessed a strong foothold in North America and Europe, rapid growth in the demand for invisible braces is expected to be fuelled by the emerging markets in Asia Pacific.

 

In Asia-Pacific Invisible Braces market, the top players cover Align Technology, Angelalign, Dentsply Sirona, 3M, Ormco, Smartee, Irok, ClearCorrect and etc. which are playing important roles.

 

The China Invisible Braces market size was 19 million USD in 2016 and it will be 676 million USD in 2022, with a CAGR 37% from 2016 to 2022. The Japan Invisible Braces market size was 45 million USD in 2016 and it will be 522 million USD in 2022, with a CAGR 31% from 2016 to 2022. The Korea Invisible Braces market size was 25 million USD in 2016 and it will be 459 million USD in 2022, with a CAGR 37% from 2016 to 2022. The Taiwan Invisible Braces market size was 19 million USD in 2016 and it will be 165 million USD in 2022, with a CAGR 27% from 2016 to 2022. The India Invisible Braces market size was 5 million USD in 2016 and it will be 91 million USD in 2022, with a CAGR 35% from 2016 to 2022. The Australia Invisible Braces market size was 11 million USD in 2016 and it will be 88 million USD in 2022, with a CAGR 25% from 2016 to 2022.

 

Rising disposable incomes has resulted in increasing per capita healthcare expenditure which has further led to growing focus towards healthcare, hence, building the need for invisible braces specifically among the adult population.

 

Over the past decade, improved technological advancements, particularly digital technologies, and increasing awareness of aesthetic alternatives to conventional braces have led to growing demand for orthodontic treatment with aligners.