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13/03/20
20:25
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Originally posted by dman0
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According to Resmed, 175m people are estimated to have sleep apnea in Europe....and a staggering 936m people globally! (Remember 80-90% undiagnosed).
Once we have CE Mark for our OSA screening tool we will have a licence to print money (around Sept this year?).
Very conservatively, say 1m tests per annum at 50 bucks per test is 50m bucks revenue p.a right there!
What wife/girfriend/fwb wouldn't pay 50 bucks to download an app to his phone to self test? Or even her own phone and test him without him even knowing?!
The OSA screening/diagnostic tool is worth many 100's millions on its own IMO.
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Like your thinking. Worth many 100’s millions at $50 a pop. How many cpap machines would that equate to?
I hold Resmed as well and getting excited for both companies.