ALGN - Align Technology - Stock Forecast

What is Align Technology?

Align Technology is a company that designs, manufactures, and markets Invisalign clear aligners and iTero intraoral scanners and services. Its products and services are aimed at orthodontists and general practitioner dentists in the United States, Switzerland, China, and other countries. The company’s clear aligners and intraoral scanners are used to create personalized treatment plans for patients seeking orthodontic treatment.

What made Align Technology famous?

Align Technology became famous for its revolutionary clear aligners, called Invisalign. Invisalign is a clear plastic aligner that is custom-made for each patient’s teeth. Unlike traditional metal braces, Invisalign is virtually invisible and can be removed for eating, brushing, and flossing. Invisalign has become a popular choice for patients seeking orthodontic treatment, particularly adults who are hesitant to wear traditional braces.

What are the famous products or services of Align Technology?

Invisalign clear aligners

These are a series of custom-made, clear plastic aligners that gradually move teeth into the desired position.

The Invisalign packages address the orthodontic needs of teenage patients, such as:

• Mandibular advancement.
• Compliance indicators.
• Compensation for tooth eruption.

Invisalign’s non-comprehensive packages include Invisalign Moderate, lite, and Express packages, as well as Invisalign Go and Invisalign go plus.

iTero intraoral scanners

These are a single hardware platform with software options that allow orthodontists and dentists to capture high-resolution, 3D digital scans of a patient’s teeth and bite. You can use the scans from iTero scanners for digital records storage, orthodontic diagnosis, and to fabricate printed models and retainers. Additionally, general practitioner dentists, prosthodontists, periodontists, and oral surgeons can benefit from the restorative software offered by iTero scanners.

In addition to the main products, Align Technology also provides additional services and tools to support its product lines. These include retention products, Invisalign training, adjusting tools used by dental professionals during treatment, the Invisalign outcome simulator, and the Invisalign progress assessment tool. Align Technology also offers TimeLapse technology, which allows doctors or practitioners to compare a patient’s historic 3D scans to the present-day scan. The company provides subscription software, disposables, rentals, leases, and pay-per-scan services.

Align Technology’s performance history

Incorporated in 1997 and headquartered in Tempe, Arizona, Align Technology rapidly grew since its founding, and now leads the orthodontic industry. Forbes named Align Technology one of the World’s Most Innovative Companies. 3BL Media recognized it as one of the 100 Best Corporate Citizens in 2020, highlighting the company’s dedication to sustainability and innovation.