Well it was an interesting day today, nonetheless I was hoping...

Well it was an interesting day today, nonetheless I was hoping for better. But with what has been happening all across the board today this little stock did relatively ok!

Malmanu, I agree with your sentiments, in fact I have a good friend who uses a resmed continuous pressure device and his wife has had to get used to the continuous noise from the device,but then again he probably fits into the more sever aponea sufferer category. But the bulk of people with sleep aponea fall into the mild to moderate range.

What do the stats say:

24% of men suffer from sleep apnea of some form, while only 9% of women do. Women are far more likely to suffer from sleep apnea after going through menopause. After menopause, the percentage is roughly the same as it is for men.
http://www.apneaguide.com/sleep-apnea-statistics/

Prevalence of Sleep apnea: estimated 18 million Americans
Prevalence Rate: approx 1 in 15 or 6.62% or 18 million people in USA

Undiagnosed prevalence of Sleep apnea: estimated 2-4% of Americans undiagnosed
Undiagnosed prevalence rate: approx 1 in 50 or 2.00% or 5.4 million people in USA
http://www.bcmedsvcs.com/Sleep%20disorder%20statistics%20and%20facts.htm

In the UK, sleep disorders affect about 770,000 people.It affects an estimated 4% of males and 2% of females in the UK,
http://www.osaonline.com/prevalence.asp

Prevalence of snoring
30% of those over age 30 snore, rising to 40% in middle-age. (Source: British Medical Journal, 1997)

Two-thirds of partnered adults say their partner snores, while 6 out of 10 of all adults (59%) say they snore. (Source National Sleep Foundation's 2005 poll)

Male:Female ratio = 2:1 with the gap closing after menopause (Souce:Vancouver sleep and Breathing Center)

5.6% of children are habitual snorers. (Source: Pediatrics Nov, 2001)

Prevalence of sleep apnea:
May be present in 20-40% of the adult population that experience snoring. (National Sleep Foundation)

Affects 9% of men and 4% of women between the ages of 30 and 60 (Source unclear, cited in BBC News story)

Present in 0.7% to 10.3% of children ( Pediatrics, Vol. 109 No. 4 April 2002, pp. e69)
http://www.putanendtosnoring.com/stats.htm

So, with the increasing obesity epidemic in Australia let alone across the entire world, the flow-on is for a significant increase in the incidents of sleep aponea and such disorders. A two edge sword really, increased overall costs to each and every one of our hip pockets as taxpayers, yet huge potential for sales and profits for companies like somnomed and their shareholders like us committed few.

Malmanu, all the signs are there for a booming marketplace for this product and with the distributors all but signed up across the globe, along since it now has approval within the US that has in general an automatic flow on to the rest of the world, why are people concerned about SOM???? I for one am not.