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Estimate Market Size of Us

In:

Submitted By IsaSun
Words 320
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stimated market size:
We are using the Maximum market potential method i to estimate the potential market size for CPAP Caps in the United States. This method use the formula

”.
Based on information from the American Hospital Association Annual Survey, the number of hospitals with NICUs has grown from 760 in 1998 to787 in 2001 to 839 in 2006, which the growth from 2001 to 2004 is 6.61%. iii We assume that this growth will decrease since the market for NICU is tend to be full. Suppose the growth rate decreases to ½ for every 3 year, we estimate the number of
NICU in 2014 is 888. (See Table of stimation of NICU numbers in United
State)

able 1: able of Estimation of NICU numbers in United State ear 1998 2001 2004 2007 2010 2013
Hospitals reporting NICUs 760 787 839 867 881 888
Growth Rate (decrease 50% every 3 year)
- 3.55% 6.61% 3.30% 1.65% 0.83% We estimated quantity purchased by each hospital per year is 20 (need adjustment after confirmation with Austranter) and the average price for a
CPAP Cap is $46.13 (base on Austranter’s current average selling price per Cap, see Table 2: Price of CPAP Caps). iv able 2: Price of CPAP Caps roduct Type Current selling rice
Selling rice in US
Dollar (at the exchange of AU$1:
US$0.938)
BUBBLE CPAP CAP 48.70 45.68
MIDLINE PRONG CPAP CAP 50.70 47.56
FLOW CPAP CAP 48.70 45.68
Average selling rice 49.37 46.31 The potential market for CPAP Caps is $877,344 ( !"
##$! ). However, Austranter also needs to consider the market share of the potential competition from local CPAP producers, who provide the CPAP Caps while selling the CPAP devices. In the worst scenario, we estimate the possible market for Austranter is 10%, which is $87,734. On the other hand, the higher

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