Yes, my facts are straight, as Don has confirmed. Here are some more facts for you. India's GDP in 2017 was around 2.6 trillion dollars. It's estimated it will be over 2.8 trillion dollars this year.
You mentioned per capita income. Per capita income is not the most important criteria in determining the potential market in India for Luviva. Because average individuals will not be buying the machines. Indian corporations would be buying the machines; doctor's offices, hospitals, clinics, etc.
Some farmer in the sticks of India won't be buying one of these machines, then calling up his Auntie; "Hey Auntie, wanna come over and get your cootch checked out?"
Per capita income would only matter when it comes to paying for a single disposable unit per patient, and for the cost of the doctor's visit. Don, or Frank can correct me if I'm off on the exact cost, but I believe a disposable is only about $10 or so. "India's GDP Per Capita reached 1,974.76 USD in Mar 2018, compared with 1,751.85 USD in Mar 2017." Though much less than what we make here in America, it's obviously getting better, and most people could cover $10. And that's if you don't bother to adjust for purchasing power parity. If you adjust for PPP, the per capita income would be over $7,000.
Not only that, but the per capita number is pulled down by the rural poor. Let's say though, that you want to be super conservative and assume that not a single poor person in India would want to get checked. Let's just look at their middle class. India's middle class is huge, and growing at a very rapid rate. If we took just India's middle class, and turned it into its own country; it would be the 3rd or 4th most populous country in the entire world. India's middle class alone is bigger than the entire populations of the UK and Germany combined. And that doesn't even count rich people who live in India.
Another advantage India has is its dense urban populations. The UK has only one huge city, London. The population of London (including the metro area) is about 14 million people. The next biggest city (I believe) is Birmingham which is (including the metro area, for the rest of these cities just assume I included the metro area) about 4 million. That's quite a drop.
In Germany, the biggest city is Berlin with a population of about 6 million. Followed by Hamburg (mmmmm, Hamburgerssss....) with a population of about 5 million.
By contrast, Mumbai India has a population of about 22 million people. That's bigger than London and Birmingham combined. And obviously bigger than Berlin and Hamburg combined.
The top 4 cities in India have a combined population that is bigger than the entire population of the UK. The top 5 cities in India have a combined population that is approximately as large as the entire population of Germany. The reason this matters, is that due to the population density of those cities, a lot less machines could service a lot more customers in India, than they could in the UK or Germany. And since the supposed money is in disposable sales, not in machine sales, that huge population density could lead to much higher efficiency rates. And due to the way the SMI contract is written, sales in India could actually be more profitable than sales in China proper.
Once again, I'm not saying that GTHP will ever make a dime; but it is ignorant to discount India. World economy wise, India is the next China.
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