Artificial Intelligence
Clear Aligners Market Size to Outstrip $8,708.67Mn by 2028 Growth Projections at 15.9% CAGR During 2021 to 2028 COVID Impact and Global Analysis by TheInsightPartners.com
New York, Sept. 28, 2021 (GLOBE NEWSWIRE) — Clear Aligners Market: Key Insights
According to our new research study on “Clear Aligners Market to 2028 – Global Analysis and Forecast – by Type, Distribution Channel and Age Group,” the Clear Aligners Market Size was valued at US$ 2,695.07 million in 2021 and is projected to reach US$ 8,708.67 million by 2028; it is expected to grow at a CAGR of 15.9% during 2021–2028.
Clear Aligners Market: Competition Landscape and Key Developments
Danaher; Dentsply Sirona; Institut Straumann AG; 3M; Henry Schein, Inc.; Align Technology, Inc.; Great Lakes Dental Technologies; SCHEU DENTAL GmbH; TP Orthodontics, Inc.; and DynaFlex are among the key companies operating in the clear aligners market. These players are focusing on the expansion and diversification of their market presence and the acquisition of a new customer base, thereby tapping prevailing business opportunities.
In April 2020, SCHEU DENTAL, CA DIGITAL, and SMILE DENTAL entered into a partnership for digital solutions in dental practices and laboratories.
In March 2019, Henry Schein One, a joint venture of Henry Schein, Inc., launched Dentrix G7 in Canada, which is the upgraded version of the dental practice management system.
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In 2021, North America dominated the global clear aligners market. The market growth in the region is driven by the presence of well-developed healthcare facility centres equipped with modern-age equipment and instruments, an increasing number of dental disorders, and the robust distribution and sales network of important vendors. The US has the largest number of start-up companies than other countries in North America. Most of the start-ups in the US are focusing on advanced care with innovative technologies. For instance, Candid Care Co, a New York-based start-up founded in 2017, offers clear teeth aligners for teeth straightening. A customer needs to buy a starter kit to provide the orthodontists with teeth impressions. The orthodontists then deigns the custom aligners and then they are delivered to the customer. Similarly, SmileDirectClub is a teeth-straightening start-up headquartered in Tennessee, US was founded in 2014. SmileDirectClub offers 3D-printed clear aligners, has 300 locations in the US, Canada, the UK, and Australia. Further, strategic activities by the major players in the region would offer lucrative opportunities for the clear aligners market during the forecast period. For instance, on September 24, 2020, 3D Predict, an international software developer and manufacturer of clear aligners based on artificial intelligence (AI) technology, announced its launch in the US with a new headquarter in New York. The medical technology company has worked globally, building recognition for its one-of-a-kind AI software that reportedly produces highly precise 3D models of the smile, such as the crowns, bone, and roots. These models are then used to design clear aligners. In addition, in January 2021, dental technology supplier, Dentsply Sirona Inc acquired Byte, a maker of custom teeth aligners, for $1.04 billion.
The clear aligners market in Asia Pacific is anticipated to grow at the fastest rate in the coming years. The market growth in the region is attributed to a few factors such as the rising geriatric population, increasing malocclusion prevalence, and the growing government initiatives for awareness regarding dental disorders. In addition, growing healthcare expenditure is likely to create lucrative opportunities for the market during the forecast period.
Based on type, the clear aligners market is segmented into polyurethane plastic, polyethylene terephthalate glycol (PETG), polyvinyl chloride (PVC), and others. The polyurethane plastic segment accounted for more than 38.84% of the market share in 2021. In terms of distribution channel, the clear aligners market is segmented into direct sales, laboratories, and others. The laboratories segment held the largest share of the market in 2021 as these labs offer quick and accurate results, such as a same-day turnaround in many situations. In addition, the labs use advanced technologies, such as 3D printing, for the preparation of dental products. This helps in accurate designing as per the patient requirements. In terms of age group, the adults segment accounted for a larger share in the clear aligners market in 2021.
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Computer-aided design (CAD) and computer-aided manufacturing (CAM) are the software that help dentists to accomplish complex procedures faster, effortlessly, and accurately. The CAD/CAM technology helps repair dental veneers, crowns, inlays, onlays, and bridges from a single block of ceramics that makes the final product more accurate than conventional fabrication methods.
Advancements in dental materials and computer technologies have helped CAD/CAM-fabricated restorations not just possible in dentistry but plentiful. When using CAD/CAM systems, operators can fabricate restorations from several elements, such as ceramics, metal alloys, and various composites. Also, dental service consumers are becoming more demanding in terms of aesthetics, with a clear notion for a minimum of staying and delaying in the dental offices. CAD/CAM technology, for the milling of prostheses in dental laboratories and dental offices, has helped to meet the demand of cosmetic dentistry users.
A few of the benefits offered by these systems comprise user-friendly operations, digital impressions, single-visit treatment, accelerated practice growth, improvement in patient safety, and long-lasting restorations. The CAD/CAM technology offers real-time troubleshooting that decreases the remaking of dental fixtures as the system can notify incorrect bit-offs.
Additionally, CAD/CAM warrants that dental practitioners can place a final and complete recovery in a week. Dentists have found that patients treated using these technologies have experienced fewer side effects of the treatment. CAD/CAM technology is rapidly being approved in the dental industry as it permits dentists to enhance their services and offer their patients a suitable experience. Thus, the advantages provided by CAD/CAM technology in dentistry are likely to boost the growth of the clear aligners market in the coming years.
Clear Aligners Market: Segmental Overview
In terms of type, the polyurethane plastic segment is anticipated to register the highest CAGR during the forecast period. Polyurethane is a versatile elastomer plastic. It is used in various proportions in clear aligners manufacturing. This type of plastic has various properties such as hardness, flexibility, water and oil resistance, strong bonding property with compounding materials, and tear resistance. The polyurethane type of materials after prolonged exposure to the oral environment/intraoral use causes deformities in the products. In terms of distribution channel, the laboratories segment accounted for more than 29% share of the global clear aligners market in 2021. In terms of age group, the market for the adults segment is anticipated to grow at a steady pace during the forecast period.
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The COVID-19 outbreak has disturbed various trades and businesses across the world. As per the CDC Guidance for dental settings, the US has prioritized the most critical dental services and provided care to minimize harm to patients from delaying care and damage to personnel and patients from potential exposure to SARS-CoV-2 infection. The interim guidance has been renewed based on the latest information about COVID-19 and the current circumstances in the US. As dental healthcare departments begin to restart elective procedures by the administration from local and state officials, some anticipations should remain in place as a part of the ongoing response to the COVID-19 outbreak. Precaution such as wearing eye protection in addition to a facemask to ensure the eyes, nose, and mouth are all protected and usage of an N95 respirator.
As the oral treatment and procedures are directly contacted with patients’ oral fluid. It creates a possible risk of infections. Therefore, to prevent the spread of novel coronavirus, it is requested to maintain social distancing, which is affecting the clear aligners market growth.
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Artificial Intelligence
Complyport’s new AI tool – ViCA.Chat – set to revolutionise compliance support services
LONDON, June 14, 2024 /PRNewswire/ — ViCA.Chat, the Virtual Compliance Assistant powered by AI technology, is set to transform regulatory compliance consulting. Developed by ComplyMAP Group’s AI engineers and Complyport’s compliance consulting teams, ViCA redefines compliance support services and propels governance, risk and compliance consulting into a new era of innovation.
Offering real-time assistance across a vast array of UK and EU regulatory frameworks, ViCA delivers unparalleled efficiency, detail and precision in disentangling and dealing with complicated regulatory frameworks.
The key differentiator of ViCA is its specialised and purposely constructed unique databases that leverage Complyport’s 22 years of regulatory expertise, combined with tailored AI training tools, enabling ViCA to operate as an experienced compliance consultant. A dedicated human support team continuously improves and updates ViCA’s knowledge and responses through a feedback loop process and quality assurance sessions. This powerful symbiosis of AI and human expertise sets ViCA apart and ensures businesses have the latest regulatory information instantaneously and seamlessly.
As a result, ViCA’s specialised regulatory database goes beyond readily available online resources which feature into traditional AI tools. ViCA offers exclusive insights, proprietary regulatory interpretations, historical data, bespoke and purposely structured compliance documentation and templates. With advanced scraping capabilities, ViCA also extracts relevant data from selected websites and publicly available information, ensuring an up-to-date and comprehensive understanding of compliance requirements across industries.
From agile fintech startups to established law firms, financial institutions, regulatory bodies, insurance providers, as well as compliance consultants, ViCA seamlessly adapts to unique compliance needs. Its user-friendly interface ensures navigating and analysing regulatory data is swift and intuitive, streamlining the compliance workflow.
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Among ViCA’s revolutionary features is its cost-effective model, allowing businesses to significantly reduce reliance on traditional spending with external consultants and advisors.
Visit ViCA.Chat to experience the future of compliance support.
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ViCA.Chat is a revolutionary Virtual Compliance Assistant powered by cutting-edge AI technology, designed to demystify the complexities of regulatory compliance. Utilising Complyport’s 22 years of regulatory expertise, ViCA offers real-time assistance and guidance across a wide range of regulatory frameworks, setting a new standard for efficiency and precision in compliance support. From fintech start-ups to established law firms, financial services institutions, regulators, regulatory firms, compliance consultants and insurance firms, ViCA caters to the diverse needs of professionals across all levels in the broader UK financial services sector.
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Artificial Intelligence
LoRa and LoRaWAN IoT Market worth $32.7 billion by 2029- Exclusive Report by MarketsandMarkets™
CHICAGO, June 14, 2024 /PRNewswire/ — The LoRa and LoRaWAN IoT Market is expected to reach USD 32.7 billion by 2029 from USD 8.0 billion in 2024, at a Compound Annual Growth Rate (CAGR) of 32.4 % during 2024–2029, according to a new report by MarketsandMarkets™.
Browse in-depth TOC on “LoRa and LoRaWAN IoT Market”
320 – Tables 58 – Figures294 – Pages
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Scope of the Report
Report Metrics
Details
Market size available for years
2018-2029
Base year considered
2023
Forecast period
2024–2029
Forecast units
Value (USD Billion)
Segments Covered
Offering, Network Deployment, Application, End User, and Region
Region covered
North America, Europe, Asia Pacific, Middle East & Africa, and Latin America.
List of Companies in LoRa and LoRaWAN IoT
The Bosch Group (Germany), Cisco (US), Orange SA (France), Comcast Corporation (US), Semtech (US), NEC Corporation(Japan), Tata Communications (India), AWS (US), Advantech (Taiwan), SK Telecom (South Korea), Murata (Japan), Kerlink (France), Actility (France), Digi International (US), MultiTech (US), Ezurio (US), Sensoterra (Netherlands), Nwave Technologies (US), RAKwireless (China), TheThings.io (Spain), Datacake (Germany), Milesight (China), LORIOT (Switzerland), Exosite (US), Orbiwise (Switzerland), Netmore Group (Sweden), and Radio Bridge Inc (US).
The LoRaWAN ecosystem influences development of tools, software libraries, and cloud-based platforms that streamline the creation, deployment, and management of IoT solutions. Continuously evolving, this ecosystem boasts a burgeoning array of vendors providing LoRa-compliant devices, gateways, and network management solutions. This vibrant competition within the ecosystem propels innovation while driving down costs for end-users. Moreover, the development of interoperable solutions fosters seamless integration and deployment of LoRaWAN networks, simplifying the implementation process for businesses and organizations. As the ecosystem continues to expand and mature, it empowers developers, system integrators, and IoT enthusiasts to unleash their creativity, accelerate time-to-market, and unlock the full potential of LoRaWAN technology in diverse applications and industries.
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Based on network deployment, the public network segment to hold the largest market size during the forecast period.
The robust security features integrated into public LoRaWAN networks play a significant role in driving the growth and adoption of LoRaWAN technology in the market. End-to-end encryption ensures that data transmitted between devices and gateways is protected from unauthorized access or interception, safeguarding sensitive information such as sensor readings, location data, and command messages. Message integrity checks verify the integrity of data packets, detecting any tampering or alteration during transmission and ensuring data authenticity and reliability. Additionally, mutual authentication mechanisms establish trust between devices and gateways, verifying the identity of both parties before allowing communication to occur. These security measures provide organizations and end-users with confidence in the integrity and confidentiality of their data, mitigating concerns related to data privacy, cybersecurity threats, and regulatory compliance. As a result, implementing robust security features in public LoRaWAN networks enhances trust and credibility in the technology, driving increased adoption and market growth as organizations seek reliable and secure connectivity solutions for their IoT deployments.
By offering, the services segment is expected to hold a higher growth rate during the forecast period.
IoT service providers are pivotal in driving adoption by developing vertical-specific solutions finely tuned to the distinct needs of industries like agriculture, healthcare, logistics, and smart cities. In agriculture, for instance, IoT services offer solutions for precision farming, crop monitoring, and livestock management, enabling farmers to optimize irrigation, monitor soil health, and enhance yields. Similarly, IoT services facilitate remote patient monitoring, asset tracking, and inventory management in healthcare, improving patient care, reducing costs, and ensuring compliance with regulatory standards such as HIPAA. In logistics, IoT services provide real-time tracking of shipments, fleet management, and predictive maintenance, enhancing supply chain visibility, efficiency, and reliability. For smart cities, IoT services offer solutions for traffic management, waste management, energy optimization, and public safety, transforming urban infrastructure and enhancing the quality of life for residents. By addressing industry-specific challenges, compliance requirements, and use cases, vertical-specific IoT solutions deliver tangible business value, driving adoption and fueling the growth of the IoT services market across diverse sectors.
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Asia Pacific is expected to hold a higher growth rate during the forecast period.
In the Asia Pacific region, where agriculture serves as a cornerstone of many economies, adopting IoT technologies, particularly LoRa and LoRaWAN, is revolutionizing traditional farming practices. LoRaWAN’s long-range connectivity and low-power consumption make it well-suited for deployment in rural agricultural settings, where access to reliable connectivity may be limited. Through LoRa-based IoT solutions, farmers can implement precision agriculture techniques to address pressing challenges such as water scarcity, soil degradation, and unpredictable weather patterns. LoRa-enabled sensors facilitate real-time monitoring of soil moisture levels, temperature, and humidity, allowing farmers to optimize irrigation schedules and conserve water resources. Remote sensing technologies powered by LoRaWAN enable farmers to gather actionable insights on crop health, pest infestations, and nutrient deficiencies, facilitating timely interventions and improving overall crop management practices. Furthermore, LoRa-based crop analytics platforms provide farmers with data-driven decision support tools, helping them optimize planting strategies, improve yield forecasting, and mitigate the impact of climate change on agricultural productivity. By harnessing the power of LoRa and LoRaWAN IoT solutions, farmers in the Asia Pacific region can increase yields, conserve resources, and enhance resilience to environmental challenges, driving the adoption and growth of the LoRaWAN IoT market in the agricultural sector.
Top Key Companies in LoRa and LoRaWAN IoT Market:
The major vendors covered in the LoRa and LoRaWAN IoT Market are The Bosch Group (Germany), Cisco (US), Orange SA (France), Comcast Corporation (US), Semtech (US), NEC Corporation(Japan), Tata Communications (India), AWS (US), Advantech (Taiwan), SK Telecom (South Korea), Murata (Japan), Kerlink (France), Actility (France), Digi International (US), MultiTech (US), Ezurio (US), Sensoterra (Netherlands), Nwave Technologies (US), RAKwireless (China), TheThings.io (Spain), Datacake (Germany), Milesight (China), LORIOT (Switzerland), Exosite (US), Orbiwise (Switzerland), Netmore Group (Sweden), and Radio Bridge Inc (US). These players have adopted various growth strategies, such as partnerships, agreements and collaborations, new product launches, enhancements, and acquisitions to expand their footprint in the LoRa and LoRaWAN IoT Market.
Browse Adjacent Markets: Digitalization and Internet of Things (IoT) Market Research Reports & Consulting
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Artificial Intelligence
Scoring a Seat at UEFA EURO 2024™ with Top-Performing AI-Powered TOSHIBA TV Lineup
HONG KONG, June 14, 2024 /PRNewswire/ — Football fans are in for a treat as they gear up for UEFA EURO 2024™ with Toshiba TV’s top-performing Gaming TV Z670. As the OFFICIAL TV OF UEFA EURO 2024™, Toshiba TVs present immersive viewing of the football game by their AI-powered TV lineup. To celebrate the brilliant moments it can bring, Toshiba TV are gifting USD100 Amazon Gift Card via their social platform! By simply like, follow and comment on @ToshibaTVGlobal, fans can boost their chances of scoring this prize.
Optimized Visuals Tailored for Football Dynamics
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Powerful Audio Effects for a Live Stadium Experience
The Toshiba TV Z670’s powerful audio system makes viewers feel like they’re right in the game. With the REGZA Bass Woofer Pro, Tru Bass Booster, and Dolby Atmos, they’ll experience heart-thumping 3D surround sound that captures the live stadium atmosphere. Whether it’s the roar of the crowd or the intensity of each play, the rich audio brings the excitement of each game right into their room.
Bringing Everyone Together for UEFA EURO 2024™
Available in sizes ranging from 55″ to 85″, Z670 is equipped with a Wide Viewing Angle and Anti-reflection features that ensures a clear picture from all viewing positions with the non-glare panel. Gather everyone for “Brilliant Every Moment” in UEFA EURO 2024™ with Toshiba TV!
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About Toshiba TV:
With 70+ years of history in TV production, Toshiba TV is known for its exquisite craftsmanship, innovative ideas and groundbreaking inventions. By prioritizing superior image quality and auditory experiences, Toshiba TV sets new standards in entertainment. Toshiba TV stems from the excellence quest of customers, providing the world with responsible products to make the world a better place. Emphasizing attention to product details and technological advancement, Toshiba TV integrates aesthetically pleasing design, quality assurance, and brand reputation to underscore its commitment to authenticity in the actual world and a sincere dedication to its consumers, showcasing Toshiba TV’s long-standing design philosophy and continuous pursuit of product quality.
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