 Case 55 Align Technology IncB. Rajesh Kumar
A chapter in Rising Stars, 2024, pp 413-419 from Springer Abstract: Abstract Align Technology is a global medical device company, which is involved in the design, manufacture, and marketing of Invisalign® clear aligners, iTero® intraoral scanners and services for dentistry, and exocad® computer-aided design and computer-aided manufacturing (“CAD/CAM”) software for dental laboratories and dental practitioners. Consumer products that are complementary to principal products prescribed by doctors are also sold by the company mainly under the Invisalign brand. The consumer products sold by Align Technology include retainers, aligner cases (clamshells), teeth whitening products, and cleaning solutions. The company is focused on positioning itself as the main treatment provider preferred by orthodontists and general dental practitioners. The products are sold through a specialized sales force to its customers consisting of orthodontists, general practitioner dentists, aesthetic dentists, oral surgeons, and dental laboratories. The products are also sold to Dental Support Organizations. The manufacturing facilities for aligner fabrication and distribution are located in Mexico and China. The digital treatment planning facilities are located globally in regions which includes Costa Rica, China, Germany, Spain, and Japan. By December 2021, the company had approximately 22,540 employees. The company has made its presence in more than 100 countries either selling directly or through authorized distributors. By the end of December 2021, Align Technologies had 642 active US patents, 724 active foreign patents, and 736 pending global patent applications. The total cumulative monthly return for Align Technology stock was 91% compared to the cumulative monthly return of 52% registered by the market index S&P 500 Healthcare Equipment and Supplies Index during the 5-year period March 2018–February 2023. The average book value of equity as percent of market value of equity was 7.8% during the period 2018–2022. Date: 2024 There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it. Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:spr:mgmchp:978-3-031-50032-9_55 Ordering information: This item can be ordered from DOI: 10.1007/978-3-031-50032-9_55 Access Statistics for this chapter More chapters in Management for Professionals from Springer |
Is your work missing from RePEc? Here is how to contribute.
Questions or problems? Check the EconPapers FAQ or send mail to .
EconPapers is hosted by the
School of Business at Örebro University.