Visiomed stated:
150K Funhaler units = profitability
500K+ Funhaler units = potential $3M+ profit
Potential Market for Funhaler
(based on Population & Asthma Statistics as detailed below)
Funhaler will have a worldwide market so I've also taken the USA market into consideration (for starters).
To obtain a conservative ESTIMATE of potential Funhaler sales, I collected a few stats. These estimates are conservative because the market for the Funhaler unit is broader than just parent/child use.
NB The unit would also be invaluable to; 1) hospitals, 2) GP clinics, 3) Paediatricians, 4) Asthma & Related Respiratory Specialists, 5) Ambulance Officers/Paramedics, 6) Child Health Clinics, 7) Child Care & School First Aid resources, etc.
A conservative estimate of the potential market (Aust & USA only) follows:
AUSTRALIA - 207,245+ FUNHALER UNITS
USA - 1,108,361+ FUNHALER UNITS
The Australian market alone has the potential to make Visiomed profitable.
Clearly the USA market is a very attractive proposition.
Then there is China, Europe and Israel!
UP UP and away
VSG
visiomed group limited
Visiomed stated:150K Funhaler units = profitability500K+...
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