The market was valued at $1.82 billion in 2020 and is expected to reach $2.14 billion this year.
The India-based market research company has recognized clear aligners as a driving force in the market, citing Align Technology’s Invisalign G8 and SmileDirectClub’s Nighttime Clear Aligners as examples.
The company also stated that falling demand for nonessential orthodontic treatments and the closure of dental facilities during the COVID-19 pandemic led to an 8.3 percent decline in the market’s growth rate last year.
