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Align Technology
ALGN · NASDAQMedical Devices
The economic chain
Follow the chain left → right, from inputs to end demand. Tap any company to trace its links.
Raw inputs
Equipment
Foundry
Chip design
Software
AI demand
Inputs &supplyAPIs, bioprocess, compone…Discovery &trialsR&D, partners, regulatorsManufacturingDrug substance, fill-fini…ProductsMedicines, therapies, dev…Payers &distributionWholesalers, PBMs, health…Providers &patientsHospitals, surgeons, pati…RESResin suppliers3DP3D printer & resin makersOPTOptics & electronics suppliersDTP&Digital treatment planning & R&DREGFDA / EU MDRALGNAlign TechnologyINVInvisaligniTiTeroEXOexocadDSODental support orgsDDSOrthodontists & dentistsPATPatients
Company details
Market cap
$12B
P/E ratio
29×
Fwd P/E
15×
Revenue
$4.0B
Rev. growth
+1%
Profit margin
~10%
Invisalign cases
2.6M/yr
Div yield
0%
In plain English
Align Technology is the company behind Invisalign — the clear plastic aligners that straighten teeth instead of metal braces — and the iTero scanners and exocad software that let dentists take a 3D picture of your mouth and design the treatment digitally. It manufactures hundreds of millions of custom aligners a year from 3D scans, selling almost entirely through orthodontists and dentists rather than to patients directly.
In simple terms
What Align Technology really sells
Align Technology is the company behind Invisalign — the clear plastic aligners that straighten teeth instead of metal braces — and the iTero scanners and exocad software that let dentists take a 3D picture of your mouth and design the treatment digitally. It manufactures hundreds of millions of custom aligners a year from 3D scans, selling almost entirely through orthodontists and dentists rather than to patients directly.
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Risk read
Moderate
SteadierMore speculative
Why this rating?