September 28, 2021

Investing in Health Technology Makes Sense.

Every company has an ethos and ours is about innovation in health technology and making investments that drive dentistry forward while boosting revenue. We don’t like to have regrets and, study the past to create a better future. Our intraoral scanner is a prime example. It takes a basic dental technique – taking impressions – and makes it both easier (1-click), and more accurate.

One thing we’ve been thinking about is how to bring more dentists on board. Not only with our modern technology but also with our belief that dentists should invest in their own success more. Somewhere in the back of our minds, we wish we had been given the ability to do so with let’s say Invisalign.

In fact, our Partner Program grew out of the desire to initiate “the next great thing” in dentistry as well as give dentists the opportunity to share the wealth and prospects. At the same time, we believe there is a science to investing and we know you don’t pick stocks based on guesswork.

‍

“Most dentists have an investment portfolio that looks more like a roulette table than a periodic table of elements; their portfolios feel much more like gambling than investing.” –DentistAdvisors.com

Case in Point – Align Technology

To help you understand where we are coming from, let’s take a deeper look at Invisalign. It was the hottest stock in 2017, according to CNN Business. The shift to clear aligners took Align Technology (ALGN), the company behind Invisalign, to a record year. ALGN’s value has nearly tripled, making it the top performer on the S&P 500. In 2020, the company made $2.5 billion in annual revenue and $1.8 billion in pure profit. How many dentists invested is unclear…

Invisalign did not start as a household word, but now everyone wants clear braces, and it seems like there is no turning back. We know once dentists get their hands on the Intraoral Scanner (it’s now in production), they will do the same. Who wants the mess of making an impression that miniature cameras can do in much less time, with more accuracy AND, upload to the cloud through 5G capability?

Investing in your own sector is the smart choice

There’s another reason we like the idea of investing in our own sector. As an insider, you have the networks, know the market and the competition. FYI, Invisalign still outperforms their competitors, is available in 45 countries, and helps over 2.5 million patients achieve a straighter smile. We think Condor is heading this way. If you do too and want to learn more, reach out. We think dentists investing in health technology just makes the most sense. But don’t just take our word for it.

“Digital impressions represent a huge step forward in the pursuit for the perfect restoration, and also offer advantages in profitability and marketing. This technology is not the future but the present.” – 360 Research Reports

‍

Health Technology – It’s the Now and Then

As a dentist, you know taking impressions has been around since the 1800’s. It is still a basic practice at the heart of aligners, veneers, implants, and more. So, it’s not a stretch to say investing in technology that makes the process simpler and has no training curve should also, be here to stay.

Per the Global Intraoral Scanner Market Research Report 2021, the global Intraoral Scanner market was valued at US$ 341.1 million in 2019. It is also expected to reach US$ 586.6 million by the end of 2026, growing at a CAGR of 9.3% during 2021-2026.

The growing market is a sign that digital dentistry is here to stay, it’s not a fleeting trend.

‍

Within dental care, several fundamental and mutually reinforcing trends drive deep structural changes and embracing advanced digital solutions will become imperative to stay ahead of the competition. – Hans Nyctelius

‍

It takes money to make money

Many industries and sectors have access to capital which fuels and empowers innovation. That said, some industries do not have the same easy access to funding and while ripe for innovation, don’t have the same opportunity to grow. At Condor, we believe the people who invest are as important as the product. Our stakeholders are thought leaders who also benefit from the company’s success.

“Dental is one of those industries. It has seen a substantial amount of innovation through the years and is poised to see much more. Dental companies in search of capital have often had to masquerade themselves as belonging to more “popular” industries such as technology, artificial intelligence, generic healthcare, or business services to garner investor attention.” – Revere Partners

‍

Take Initiative, Join as a Stakeholder

We’re looking for savvy dentists who want to invest in the Condor Flash and reap the rewards. Profit, innovation, improved patient care. Contact Us to learn more.