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Medical device companies: These 15 performed the best in 2017

January 5, 2018 By Chris Newmarker 2 Comments

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1. Align Technology (Nasdaq:ALGN): +131.1%

Align Technology Invisalign

3D printing is a new thing for many medical device companies. Align Technology (San Jose, Calif.) has been a pioneer. For the first nine months of 2017, the company’s revenue was up a third, to more than $1 billion, and profit was up 55%, to more than $142 million. The company joined the S&P 500 Index in 2017, too. Fueling the growth is Align’s Invisalign teeth aligners, made of the company’s virtually invisible SmartTrack material and 3D printed to custom fit a person’s teeth based on precise 3D digital images. In November, the number of people treated with Invisalign reached 5 million. Align has also had success with its iTero teeth scanner, which captures 100,000 points of laser light in perfect focus without the industry-standard use of powder to coat the teeth.

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Comments

  1. DMo says

    January 9, 2018 at 1:29 pm

    Was going to read this article but refuse to go through multiple clicks to see a list. Can you just give the list?

    Reply
    • Chris Newmarker says

      January 9, 2018 at 7:00 pm

      There’s a link on the opening slide where you can download a full spreadsheet of 100 companies and their stock performance. Hope that helps.

      Reply

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  • Medical Device Business
    • Mergers & Acquisitions
    • Financial
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  • Applications
    • Cardiovascular
    • Devices
    • Imaging
    • Implantables
    • Medical Equipment
    • Orthopedic
    • Surgical
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    • Electronics
    • Extrusions
    • Materials
    • Motion Control
    • Prototyping
    • Pumps
    • Tubing
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