InvestorsHub Logo
Followers 14
Posts 1420
Boards Moderated 0
Alias Born 06/10/2012

Re: None

Sunday, 12/23/2018 11:45:34 AM

Sunday, December 23, 2018 11:45:34 AM

Post# of 39209
IMDS POTENTIAL MARKET & REVENUE.
Based on 667 m Chinese females of which approx 290+ m would be over age 40, versus USA 164 m female with 81 m over age 40.
Approx 65 % of USA received mammograms = 52 m tests.
China's mammogram ratio will be dramatically lower,lets assume 20 % of over age 40 = 58 m tests.
Therefore the Chinese market should be at least equal to the US market.
Next, how many mammograms can one IMDS CTLM perform in a year? No idea, but lets assume the maximum scenario; 15 minutes per test, 4 tests per hour x 18 hours a day x 6 days per week x 52 weeks = 22,500 tests annually.
45 CTML machines would be required per 1 m tests.Assume IMDS is able to secure 10 % of the Chinese market =5.8 m tests =260 CTML machines.GLTA.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.