Align Technology Inc - Company Profile
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Business Description
Align Technology Inc (Align Technology) is a medical device company that develops orthodontic products and software for dental professionals. The company’s products include Invisalign system, intraoral scanners and digital software solutions.
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R&D Overview
Align Technology conducts research to develop a comprehensive range of next generation digital treatment solutions and undertake clinical innovation for improving manufacturing process to advance future technologies and products. The company's research and development (R&D) activities also focus on next generation digital treatment solutions and enhancements to existing products for orthodontic and restorative sectors. In FY2022, the company invested US$305.3 million in its R&D activities, which increased 22% YoY which as a percentage of revenue stood at 8.2%. Align Technology intends to establish its Invisalign system as the standard method for treatment of malocclusion and its intraoral scanning platform as the preferred scanning protocol for digital scans. As of December 31, 2022, the company had 739 issued US patents, 831 foreign issued patents, and 813 pending global patent applications.
Business Segments
Overview
Offers Invisalign system which includes Invisalign Full, Express/Lite i7, GO, Invisalign Teen and Invisalign Assist and Vivera retainers. It also offers training and ancillary products for treating malocclusion. Invasalign consists of ClinCheck and Aligners. ClinCheck is a web-based modeling program which helps dental professionals manage and plan treatment for their patients. Aligners are thin and clear plastic, removable dental appliances that are manufactured in a series. Invisalign Teen is used for children between 11 and 19 years old. It includes features such as compliance indicators and the ability to accommodate naturally erupting permanent teeth and supra-eruption. Invisalign Assist is an integrated approach to selecting, monitoring and finishing Invisalign cases with major features such as case selection and treatment planning assistance, appointment guides, progress checking and staged shipment of aligners. Invisalign Go is a simplified and streamlined solution designed to identify and treat patients with mild malocclusion. Its new aligner and software features that make it easier to use Invisalign with patient with Class II and Class III malocclusion. The Vivera retainers are used for post-treatment retention. These are available for Invisalign and non-Invisalign patients. Its ancillary products and other services range from cleaning material to adjusting tools that find application in the clinics of dental professionals during the course of treatment.
Performance
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Overview
Offers intra-oral scanning systems and additional services with the intra-oral scanners that provide digital alternatives to the traditional cast models. Provides iTero scanners, restorative and orthodontic software for iTero, OrthoCAD services and exocad’s CAD/CAM software solutions. The iTero scanners are intra-oral scanner systems that use laser and optical scanning to capture the contours of the patient’s dentition, gingival structures and the bite.
Performance
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Geographical Segments
Performance
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Performance
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Performance
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