Based on our existing U.S. target market size and a few estimations, we developed an approximate value of the OpConnex solution.
With the OpConnex service in place we assess that:
- To date, there are approximately 43,000 Registered Anesthesiologists (ASAs) within the United States.
- To date, there are also approximately 40,000 Certified Registered Nurse Anesthetists (CRNAs) within the United States.
- Initial Revenue Target per Practitioner: We estimate a value of $4.8K annually, depending on size of the buyer organization, and the terms & conditions of use.
- Approximate Value of U.S. Market: Extrapolating, we calculate $400–$700M annually, based on the product’s use in a Software-as-a-Service (SaaS) model.