Thursday, July 25, 2013

Acoustic Cardiac Monitor - The growth potential


There are around 6,000 hospitals in the us, with a total of about one million beds. If there is a need for one unit per ten beds, that comes to 100,000 units for hospitals alone. If the device needs to be replaced every 5 years, that would come to a 20,000 units sold per year, or $20 million a year in revenue. Globally it could be $100 million a year.

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