Market revenue in 2023 | USD 435.7 million |
Market revenue in 2030 | USD 2,525.7 million |
Growth rate | 28.5% (CAGR from 2023 to 2030) |
Largest segment | Adults |
Fastest growing segment | Teens |
Historical data | 2018 - 2022 |
Base year | 2023 |
Forecast period | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Teens, Adults |
Key market players worldwide | Align Technology Inc, Dentsply Sirona Inc, Envista Holdings Corp Ordinary Shares, 3M Co, Henry Schein Inc, Angelalign Technology Inc Ordinary Shares |
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The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to clear aligners market will help companies and investors design strategic landscapes.
Adults was the largest segment with a revenue share of 60.25% in 2023. Horizon Databook has segmented the Canada clear aligners market based on teens, adults covering the revenue growth of each sub-segment from 2018 to 2030.
Canada is one of the advanced countries in terms of dental care and services. There is high awareness regarding effectiveness and success of clear aligners among the Canadian population. In Canada, 70% of dental costs are covered by public insurance, but majority of the Canadians are responsible for financing their own dental care.
According to Canadian Dental Association, 56% of the dental service expenditure in 2017 was through private insurance. This can create a hurdle in overall market growth. According to a survey conducted by Canadian Community Health Survey (CCHS) in 2018, around 74.7% of the population in Canada visited a dental professional, however, 22.4% of the population avoided dental visit at least once due to high cost.
However, increasing demand for preventive & cosmetic procedures coupled with rising awareness about oral care is anticipated to boost the market over the forecast period. According to a report by Canadian Dental Association, the percentage of population consulting a dentist per year increased to 74.5% from 49.5% between 2016 and 2017.
Horizon Databook provides a detailed overview of country-level data and insights on the Canada clear aligners market , including forecasts for subscribers. This country databook contains high-level insights into Canada clear aligners market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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