Align Technology
Align Technology designs, manufactures, and markets the Invisalign system, the world's most advanced clear aligner system, and iTero intraoral scanners and services for orthodontics and restorative dentistry.
- CEO / Founder
- Joseph M. Hogan
- Team Size
- 10000+
- Stage
- Active
- Total Funding
- $140M
- Latest Round
- IPO
- Key Investors
- The Vanguard Group, BlackRock, Price T. Rowe Associates
Technology & Products
Key Products
The Invisalign system (clear aligners, now moving to direct 3D printing for production), and iTero intraoral scanners and services for orthodontics and restorative dentistry. The company also offers exocad dental CAD software.
Technological Advantage
The company's vertically integrated model, combining proprietary software (ClinCheck), 3D scanning technology (iTero), and a massive 3D printing manufacturing process, gives them a significant advantage. They have a vast database of over 20 million orthodontic cases, which they use to improve their treatment planning software and outcomes through AI and machine learning.
Differentiation
Value Proposition
Providing a more aesthetic and comfortable alternative to traditional braces with their Invisalign clear aligners, and enhancing the patient experience and clinical precision with their iTero intraoral scanners.
How They Differentiate
Align Technology differentiates itself through its strong brand recognition with Invisalign, extensive clinical data and experience, and a comprehensive digital workflow that integrates scanning, planning, and treatment. Its vast patent portfolio and continuous innovation in materials and software, including the move to direct 3D printing for Invisalign aligners, provide a competitive edge by improving production efficiency and reducing costs.
Market & Competition
Target Customers
Orthodontists, general practitioner dentists, and their patients.
Industry Verticals
["Dental","Orthodontics","Medical Devices"]
Competitors
Straumann Group (ClearCorrect); Dentsply Sirona (SureSmile); 3M (Clarity Aligners)
Growth & Milestones
Growth Metrics
Consistent revenue growth, expanding global presence, and a large number of Invisalign cases treated worldwide (over 19.5 million as of early 2024).
Major Milestones
["1997: Company founded.","1998: FDA clearance for the Invisalign system.","2001: Initial Public Offering (IPO) on the NASDAQ.","2011: Acquired Cadent Holdings, Inc., makers of the iTero intraoral scanner.","2020: Acquired exocad, a global leader in dental CAD/CAM software.","2024: Reached the milestone of 20 million Invisalign patients treated."]
Notable Customers
Millions of patients treated by orthodontists and dentists globally.