Align Technology's strong product development and international focus continues to benefit the company, but the current economy is having a negative effect, a Sept. 25 research report found.
The report details steady worldwide growth for the company’s Invisalign consumption by teenage patients. Align Technology is experiencing steady growth in North America because of a widening dentist customer base and an increase in orthodontic use. International performance is also solid, with the second-largest space of growth in the Europe, Middle East and Africa market.
Align Technology also introduced multiple new products, including the iTero Element 2 scanner in China, an online tool SmileView and Invisalign First clear aligners for younger patients.
However, Align Technology reports a tough consumer environment in China, along with slower growth among North American young adult cases. Shares have also underperformed the past three months, with the company's stock plummeting 31.7 percent.
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The report details steady worldwide growth for the company’s Invisalign consumption by teenage patients. Align Technology is experiencing steady growth in North America because of a widening dentist customer base and an increase in orthodontic use. International performance is also solid, with the second-largest space of growth in the Europe, Middle East and Africa market.
Align Technology also introduced multiple new products, including the iTero Element 2 scanner in China, an online tool SmileView and Invisalign First clear aligners for younger patients.
However, Align Technology reports a tough consumer environment in China, along with slower growth among North American young adult cases. Shares have also underperformed the past three months, with the company's stock plummeting 31.7 percent.
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9 dentists making headlines
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