Company Overview
Align Technology, Inc. (Nasdaq: ALGN) is a global medical device company that revolutionized orthodontics with the invention of the Invisalign System of clear aligners. Founded in 1997 by Zia Chishti and Kelsey Wirth in San Jose, California, Align pioneered the use of 3D computer imaging technology and mass customization to create virtually invisible orthodontic aligners that straightened teeth without traditional metal braces. The company's founding story is remarkable: Zia Chishti conceived the basic design while he was an adult orthodontics patient, realizing that a series of clear retainers could move teeth incrementally.
Today, Align Technology designs, manufactures, and sells the Invisalign System of clear aligners, iTero intraoral scanners, and exocad CAD/CAM software for digital orthodontics and restorative dentistry. The company has helped treat approximately 20 million patients worldwide through its network of more than 280,000 Invisalign-trained doctors. Align's business model combines advanced manufacturing (performed in Mexico), treatment planning (created in Costa Rica), and software engineering and support functions (based in California headquarters) into an integrated digital platform that serves orthodontists, general practitioner dentists, and lab partners.
Align reported 2024 full-year revenue of $3.23 billion, with Q4 2024 revenues of $995.2 million representing 4.0% year-over-year growth. The company reached a significant milestone in Q1 2025, celebrating the 20 millionth Invisalign patient 'smilestone.' Under the leadership of President and CEO Joseph M. Hogan, who joined in 2015 from GE Healthcare, Align has expanded from pure clear aligners into a comprehensive digital dentistry platform through strategic acquisitions and organic innovation. The company's iTero Lumina intraoral scanner, featuring 3X wider field of capture in a 50% smaller wand, represents the latest advancement in making dental scanning faster, more accurate, and more comfortable for patients.
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Align Technology is recognized as a market leader in the Healthcare Tech sector, demonstrating strong industry presence and customer trust.
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