Align Technology(US:ALGN) Businesswire·2024-01-31 21:05Core Insights - Align Technology, Inc. has been recognized in the Intellectual Property Owners Association's annual report as one of the top 300 organizations granted U.S. patents, ranking at position 270 with 158 patents granted in 2023, marking a 36% increase from 2022 [1][2] Company Innovations - The patents cover advancements in orthodontics and digital dentistry, including technologies for clear aligners, intraoral scanners, 3D printed orthodontic devices, restorative CAD/CAM software, and AI in treatment planning [2][3] - The iTero™ Lumina intraoral scanner features next-generation digital scanning technology with proprietary Multi-Direct Capture™ technology, offering a 3x wider field of capture, high accuracy, and a maximum capture distance of 25 mm, enhancing the scanning experience [2][3] - Align's first direct 3D printed orthodontic device, the Invisalign® Palatal Expander, provides a safe and effective alternative to traditional devices, eliminating the need for manual adjustments [3] Research and Development - Align has invested approximately $2 billion in R&D over nearly 27 years, focusing on innovations in digital dentistry through advancements in 3D computer modeling, material science, and biomechanics [3] - The recognition as a top patent producer reflects Align's commitment to developing next-generation devices and technologies that meet the needs of healthcare professionals [3] Market Position - Align Technology serves over 256,000 doctor customers and has treated approximately 17 million patients with the Invisalign system, indicating a significant market presence and opportunity [5] - The company aims to enhance digital orthodontic and restorative workflows, improving patient outcomes and practice efficiencies, while accessing a consumer market opportunity of 600 million worldwide [5]