Monday, July 29, 2019 5:10:35 PM
When I was doing the math, I figured that if you could get 10% of hospitals and doctors offices, that would be around 2000 offices or so. In each office I assumed that you would have two or more systems in place. If you assumed 2000 offices * 2 per office average * $20k for each system, that's $80mm in revenue alone. If you assume that hospitals will have more than 2 systems and that this company can capture more than 10% of the market (very feasible) then you are talking hundreds of millions of revenue.
This won't happen overnight. But if we are talking pure potential here.... $16mm is a drop in the hat compared to what the realistic accessible market potential is. Not to mention, this does not include any revenue generated from assisted living, schools, food processing, oil and gas, agriculture, etc.
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