Company
Align Technology, Inc.
Headquarters: Tempe, AZ, United States
Founded: 1997
Employees: 22,540
CEO: Mr. Joseph M. Hogan
Market Cap
$19.62 Billion
USD as of Jan. 1, 2024
Align Technology, Inc. Categories
United States Healthcare Medical DevicesUnited States Healthcare United States Medical Devices
Top Competitors by Market Capitalization
Industry: Medical Devices
| Company | Market Cap (USD) |
|---|---|
| Abbott | $192.67 B |
| Stryker Corporation | $113.24 B |
| Medtronic | $111.60 B |
| Boston Scientific Corporation | $85.22 B |
| Shenzhen Mindray Bio-Medical Electronics Co. Ltd | $49.33 B |
Sector:
| Company | Market Cap (USD) |
|---|---|
| Lilly | $586.39 B |
| UnitedHealth Group | $504.47 B |
| Novo Nordisk | $461.52 B |
| Johnson & Johnson | $387.50 B |
| Merck | $296.51 B |
Detailed Description
Align Technology, Inc., a medical device company, designs, manufactures, and markets Invisalign clear aligners and iTero intraoral scanners and services for orthodontists and general practitioner dentists, and restorative and aesthetic dentistry. It operates in two segments, Clear Aligner; and Scanners and Services. The Clear Aligner segment consists of comprehensive products, including Invisalign comprehensive treatment that addresses the orthodontic needs of teenage patients, such as mandibular advancement, compliance indicators, and compensation for tooth eruption; and Invisalign First Phase I and Invisalign First Comprehensive Phase 2 package for younger patients generally between the ages of seven and ten years, which is a mixture of primary/baby and permanent teeth. This segment's non-comprehensive products comprise Invisalign moderate, lite and express packages, and Invisalign go; and non-case products include retention products, Invisalign training fees, and sales of ancillary products, such as cleaning material, and adjusting tools used by dental professionals during the course of treatment. The Scanners and Services segment offers iTero scanner, a single hardware platform with software options for restorative or orthodontic procedures; restorative software for general practitioner dentists, prosthodontists, periodontists, and oral surgeons; and software for orthodontists for digital records storage, orthodontic diagnosis, and for the fabrication of printed models and retainers. This segment also provides computer-aided design and computer-aided manufacturing services; ancillary products, such as disposable sleeves for the wand; iTero model and dies; third party scanners and digital scans; Invisalign outcome simulator, a chair-side and cloud-based application for the iTero scanner; Invisalign progress assessment tool; and TimeLapse technology, which allows doctors or practitioners to compare a patient's historic 3D scans to the present-day scan. The company sells its products in the United States, Switzerland, China, and internationally. Align Technology, Inc. was incorporated in 1997 and is headquartered in Tempe, Arizona.
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Stocks & Indices
Align Technology, Inc. has the following listings and related stock indices.
Stock: NASDAQ: ALGN wb_incandescent
Stock: BMV: ALGN wb_incandescent
Stock: Bovespa: A1LG34 wb_incandescent
Stock: FSX: AFW wb_incandescent
Product & Services
Clear aligners, scanners
Key People
Founder(s): Zia Chishti Kelsey Wirth
Joe Hogan (President) & (CEO)
Financials
Revenue: US$2.471 Billion (Fiscal Year Ended 31 December 2020)
Operating income: US$387.171 Million (Fiscal Year Ended 31 December 2020)
Net income: US$1.775 Billion (Fiscal Year Ended 31 December 2020)
Total assets: US$4.829 Billion (Fiscal Year Ended 31 December 2020)
Total equity: US$3.233 Billion (Fiscal Year Ended 31 December 2020)