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Compare · ALGN vs MYO

ALGN vs MYO

Side-by-side comparison of Align Technology Inc. (ALGN) and Myomo Inc. (MYO): market cap, price performance, sector, and recent activity on the wire.

Summary

  • Both ALGN and MYO operate in Industrial Specialties (Health Care), so they compete in similar markets.
  • ALGN is the larger of the two at $12.81B, about 369.8x MYO ($34.7M).
  • MYO has been more active in the news (11 items in the past 4 weeks vs 10 for ALGN).
  • ALGN has more recent analyst coverage (25 ratings vs 3 for MYO).
MetricALGNMYO
Company
Align Technology Inc.
Myomo Inc.
Price
$178.95+1.61%
$0.89+2.96%
Market cap
$12.81B
$34.7M
1M return
+3.59%
-
1Y return
-0.48%
-
Industry
Industrial Specialties
Industrial Specialties
Exchange
NASDAQ
AMEX
IPO
2001
2017
News (4w)
10
11
Recent ratings
25
3
ALGN

Align Technology Inc.

Align Technology, Inc., a medical device company, designs, manufactures, and markets Invisalign clear aligners and iTero intraoral scanners and services for orthodontists and general practitioner dentists, and restorative and aesthetic dentistry. It operates in two segments, Clear Aligner; and Scanners and Services. The Clear Aligner segment consists of comprehensive products, including Invisalign comprehensive treatment that addresses the orthodontic needs of teenage patients, such as mandibular advancement, compliance indicators, and compensation for tooth eruption; and Invisalign First Phase I and Invisalign First Comprehensive Phase 2 package for younger patients generally between the ages of seven and ten years, which is a mixture of primary/baby and permanent teeth. This segment's non-comprehensive products comprise Invisalign moderate, lite and express packages, and Invisalign go; and non-case products include retention products, Invisalign training fees, and sales of ancillary products, such as cleaning material, and adjusting tools used by dental professionals during the course of treatment. The Scanners and Services segment offers iTero scanner, a single hardware platform with software options for restorative or orthodontic procedures; restorative software for general practitioner dentists, prosthodontists, periodontists, and oral surgeons; and software for orthodontists for digital records storage, orthodontic diagnosis, and for the fabrication of printed models and retainers. This segment also provides computer-aided design and computer-aided manufacturing services; ancillary products, such as disposable sleeves for the wand; iTero model and dies; third party scanners and digital scans; Invisalign outcome simulator, a chair-side and cloud-based application for the iTero scanner; Invisalign progress assessment tool; and TimeLapse technology, which allows doctors or practitioners to compare a patient's historic 3D scans to the present-day scan. The company sells its products in the United States, Switzerland, China, and internationally. Align Technology, Inc. was incorporated in 1997 and is headquartered in Tempe, Arizona.

MYO

Myomo Inc.

Myomo, Inc., a wearable medical robotics company, designs, develops, and produces myoelectric orthotics for people with neuromuscular disorders in the United States. The company offers MyoPro, a myoelectric-controlled upper limb brace or orthosis product used for supporting a patient's weak or paralyzed arm to enable and improve functional activities of daily living. Its products are designed to restore function in adults and adolescents with neuromuscular conditions due to brachial plexus injury, stroke, traumatic brain injury, spinal cord injury, and other neurological disorders. The company sells its products to orthotics and prosthetics providers, the Veterans Health Administration, and rehabilitation hospitals, as well as through distributors. Myomo, Inc. was incorporated in 2004 and is headquartered in Boston, Massachusetts.