16 Followers USX:ALGN - Align Technology Inc Align Technology Inc
Sector: Health Care, Industry: Health Care Equipment
Next Earnings: 24 Apr 2024
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USD 327.9    +7.96 (+2.49%)

27 Mar 2024


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General

CEO: Mr. Joseph M. Hogan

IPO: 2001-01-26

Headquarters: US

Employees: 22,680

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Description

Align Technology is the leading manufacturer of clear aligners. Invisalign, its main product, was approved by the FDA in 1998, and it has since dominated, controlling over 90% of the market. Invisalign can treat roughly 90% of all malocclusion cases (misaligned teeth), and there are over 230,000 Invisalign-trained dentists and orthodontists. In 2022, Invisalign treated over 2 million cases, or roughly 10% of all orthodontic cases for the year, and it has treated over 14 million patients since its launch. Align also sells intraoral scanners under the brand iTero, which captures digital impressions of patients’ teeth and illustrates treatment plans. Over 85% of Invisalign cases are submitted by digital scans and iTero scans make up over half of these scans.

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