I don’t care if they claim to be "well-positioned to assess the annual volume of echocardiograms in the US" or if they’ve "provided insights through ASX announcements and presentations." Without evidence, those claims mean nothing.If your standard of evidence is taking their word for it, that’s on you.If 20-30 million echocardiograms are performed in the US each year, that’s the true addressable market (AM), not 6-7 million. When cardiologists order an echocardiogram, they assess overall heart health, including AO and HF.Calling the AM 6-7 million is the truth as it is not a subset of the full 20-30 million. If the real AM was only 7.1 million, they should have said so. I’ve seen no credible data reporting 20-30 million echocardiograms per year. Maybe that was an anomaly during COVID-19 when hospitals were flooded with funding , who knows. But without reliable sources, it’s speculation.
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