Based on a large case base, we hope to achieve data-driven diagnosis and treatment in the future.
Image from the official website of the company
Arterial Network has learned that recently, dental equipment giant Align Technology (hereinafter referred to as Align) recently released financial results for the first half of June 30, 2018.
Data shows that the Invisalign system, iTero intraoral scanning system and OrthoCAD digital services are available to general practitioners (GP dentists), orthodontists and other dental professionals. Align provides training, clinical education programs, and the tools needed to provide treatment options in the clinic.
According to the semi-annual report, Invisalign shipments in the second quarter of 2018 were 301,700, an increase of 30.5% year-on-year. Shipments in the Americas and global markets increased by 22.2% and 45.4%, respectively. The number of Q2 adolescent patients was 78,400, a year-on-year increase of 42.1%.
Align semi-annual report core data
Second-quarter revenue (revenues) was $490.3 million, up 37.5% year-on-year, operating income was $122.7 million, up 46.8% year-on-year, and operating margin was 25. .0%, Net profit is $106.1 million.
For the second quarter results, Align President and CEO Joe Hogan said: "The second quarter results reflect the strong growth of our customer channels, sales in all regions and almost every country market hit a record high. Dr. Invisalign continues to grow The momentum and the proportion of young patients treated with Invisalign increased by 42.1%, driving revenue growth of 37.5% year-on-year."
He believes that sales growth of 30.5% year-on-year reflects the increase in the expansion rate of the hidden beauty customer base, the number of doctors exceeded 50,000 for the first time, and includes more than 5,000 trained new doctors. The momentum of the iTero scanner and services business, including the continued launch of the iTero scanner in Heartland Dental, the largest DSO organization in the United States, and the approval of the CFDA in April, the first batch of iTero Elemen scanners sold in China.
In terms of revenue, from 2015 to 2017, Align's three-year revenue increased by 10.9%, 27.8%, and 36.4%, respectively, and the growth rate was the first in the global dental company.
In the semi-annual report, Align has the following highlights:
1. The EMEA (Europe, Middle East and Africa) region, the first million Invisalign cases, is an important milestone for the company, with more than 34,000 trained orthodontists and general dentists in the region. Accelerated the use of clear aligner therapy in the EMEA region.
2. Following Costa Rica's capital, San Jose, and Chengdu, China, Align established the world's third hidden beauty treatment design center in Cologne, Germany, reflecting Align's determination to grow rapidly around the world. The agency is a training institution for Dr. Invisalign in the German market. Provide local doctors with clinical education and local language support, including Germany, Austria, and Switzerland.
3. The Invisalign product line expands Invisalign First, an invisible braces designed for children aged 6-10 years old. This early orthodontic treatment involves the child's permanent teeth before they are born, in order to prevent the child from growing out. More serious dental problems solve a wider range of occlusal problems in younger patients, including shorter clinical crowns, abnormal teeth eruption, and predictable arch expansion.
4. The newly expanded Invisalign portfolio, which includes new options and greater flexibility, can treat a wider range of patients. The new Invisalign portfolio offers doctors more options, expands the ideal functionality across the entire portfolio, and introduces new Invisalign Treatment Packages, as well as new options for young patients with early mixed dentitions. The new product portfolio makes it easier for doctors to tailor treatment plans to the needs of each unique patient.
5. The new Invisalign Go product features a more user-friendly iTero digital chair-side experience that allows for greater flexibility in treating a wider range of mild to moderate cases, such as correcting tooth crowding or gap problems before restorative treatment. Invisalign Go also features a new data-driven clinical approach for predictable tooth movement and automated case assessment based on more than 5.5 million Invisalign patients treated to date, making these improvements easier for dentists based on each patient Customized treatment plans for individual needs.
6, Vivera orthodontic retainer, this is the first customizable retainer on the market that can assist in the treatment of deep overbite. The introduction of the Precision Bite Ramps function originated from the invisible beauty G5 Innovations released by Align in 2014, mainly to improve the efficacy of invisible beauty in deep occlusion treatment. It uses advanced oral scanning technology to improve the treatment of Invisalign. effectiveness.
7. Expanded the iTero Element portfolio with the introduction of the iTero Element 2 and iTero Element Flex scanners. These new features are based on the existing high-precision, full-color imaging and fast scan times of the iTero Element portfolio. Compared to iTero Element, the next-generation iTero Element 2 delivers higher performance, up to 2x faster startup and 25% faster scan processing time.
8. China's CFDA approved the iTero Elemen intraoral scanner, which has great potential in the Chinese market.
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