South Korea Clear Aligners Market Size & Outlook
South Korea clear aligners market, 2018-2030 (US$M)
Related Markets
South Korea clear aligners market highlights
- The South Korea clear aligners market generated a revenue of USD 40.2 million in 2023 and is expected to reach USD 309.2 million by 2030.
- The South Korea market is expected to grow at a CAGR of 33.8% from 2024 to 2030.
- In terms of segment, adults was the largest revenue generating age in 2023.
- Teens is the most lucrative age segment registering the fastest growth during the forecast period.
Clear aligners market data book summary
| Market revenue in 2023 | USD 40.2 million |
| Market revenue in 2030 | USD 309.2 million |
| Growth rate | 33.8% (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 |
Other key industry trends
- In terms of revenue, South Korea accounted for 0.8% of the global clear aligners market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, Australia clear aligners market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 967.2 million by 2030.
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Clear Aligners Market Scope
Clear Aligners Market Companies
| Name | Profile | # Employees | HQ | Website |
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South Korea clear aligners market outlook
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 60.2% in 2023. Horizon Databook has segmented the South Korea clear aligners market based on teens, adults covering the revenue growth of each sub-segment from 2018 to 2030.
According to BMC Oral Health in 2017, 43.9% of South Korean adults perceived unmet dental needs due to factors such as financial difficulties. The country largely benefits from primary and secondary dental care by National Health Insurance and the cost for the dental treatment is covered, except for prosthetic & esthetic dental care.
However, esthetic enhancements are part of Korean lifestyle and according to Washington Post, 20% of women have undergone some form of cosmetic surgery. Cosmetic dentistry in the country is also quite popular and is rigorously adopted.
The NCBI also states that the prevalence of malocclusion in pre-adolescent and adolescent children was 18.7% during the period of 2012 to 2017. The country is also one of the largest markets for orthodontic appliances in the APAC region for companies such as Straumann and Align Technology. These are some of the factors propelling the market growth in the country.
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Our clientele includes a mix of clear aligners market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the South Korea clear aligners market , including forecasts for subscribers. This country databook contains high-level insights into South Korea clear aligners market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Korea clear aligners market size, by age, 2018-2030 (US$M)
South Korea Clear Aligners Market Outlook Share, 2023 & 2030 (US$M)
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