Titan Medical Inc (TMDIF)

[66Mustang]

Just an observation... Reading through a few articles, this statement which we have all seen caught my attention:

"Multiple market research reports project that the robotic surgery market will exceed 20 billion dollars globally in the year 2021."

Yesterday I was looking at ISRG's figures... Market cap is just shy of $35B and 2016 revenue was $2.7B. They are the vast majority of all robotic surgery revenue, and it totaled $2.7B. If all these projections are correct, let's say ISRG doubles its revenue in 5 years, that leaves room for 5 or 6 more organizations doing the same revenue that ISRG is currently doing in order to add up to the $20B in 2021. Thinking about it in those terms, this is really a much bigger pie to be cutting into in 5 years. ISRG will surely be there in the market, but who else will offer a technology with the practicality, ergonomics, patient benefits, and economical benefits that SPORT will offer? This could easily turn out to be another order of magnitude bigger than I, for one, had been envisioning.