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Valued at a market cap of $9.4 billion, Align Technology, Inc. (ALGN) is a global medical device company based in Tempe, Arizona. It is known for its Invisalign clear aligners, used for orthodontic treatment, and iTero intraoral scanners, which support digital dentistry and restorative workflows.
Companies valued at $2 billion or more are typically classified as “mid-cap stocks,” and ALGN fits the label perfectly, with its market cap exceeding this threshold, underscoring its size, influence, and dominance within the medical instruments & supplies industry. The company specializes in digital dentistry, combining 3D imaging, AI-driven treatment planning, and precision manufacturing through its Invisalign system and iTero scanners. This enables it to deliver patients a more aesthetically pleasing, comfortable alternative to braces, while equipping providers with digital workflows that enhance accuracy, efficiency, and outcomes.
