I like to keep things simple so that general public can understand my points
But in this case .. Let me explain some details to you.
The key difference between some other systems and MedVR is that of course the giants in the space have had 3D planning software for years, however... they’ve sunk millions into the development of software that isn’t vendor agnostic, costs an absolute fortune for the end user and locks the end user into only using Phillips
Being vendor agnostic (3Dicom and MedVR works with Dicom files no matter which machine acquired them) Singular health is able to provide this high-end 3D visualization experience that has previously been reserved for top-end specialists to everyday radiologists, surgeons and to patients themselves
Means Singular health has Much larger market, no impediment of being tied to a specific hardware vendor, ability to bolt on AI modules etc and integration into PACs systems for easily retrieval and sharing of files
Also The VR element allows for the immersive experience in more detailed surgical planning again without being hardwired to a vendor.
Hence IMO Singular Health is extremely capable to capture some big market share once they will receive stage 2 approvals from TGA and eventually FDA approvals.
Cheers
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