Align Technology Inc (ALGN) Price and Market Data

Align Technology Inc. is the leading manufacturer of clear aligners. Its flagship product, Invisalign, received U.S. Food and Drug Administration approval in 1998 and has since maintained a dominant position, holding more than 90% of the market. Invisalign can address about 90% of malocclusion cases, or misaligned teeth, and the company has trained more than 230,000 dentists and orthodontists to use the system. In 2022, Invisalign was used in more than 2 million cases, representing roughly 10% of all orthodontic cases that year, and it has treated over 14 million patients since launch. Align Technology also markets iTero intraoral scanners, which capture digital impressions of patients’ teeth and help visualize treatment plans. More than 85% of Invisalign cases are submitted through digital scans, and iTero accounts for over half of those scans.