In US the Prostate Cancer (C61), World Age-Standardised Incidence Rates is 85.6 per 100,000 population. So EACH year we have 270,000 new cancers (based on US population of 315,589,727 people).
A HIFU machine in a clinic can perform 500 surgeries per year so the market is: 270,000/500 = 540 machines.
Each machine is sold $1.6 Million.
The total market is hence 540 x $1.6 Million= $860 Million
The net profit when selling a HIFU is 25%. So for EDAP it will be 25% x $860 Million = $ 216 Million.
Not bad at all for a single country.
The Europe population based on PopulationData is 740 Million people with an incidence rate of +- 60 cancers per 100,000 population. So we can calculate about 900 HIFU machines….
Just Google the words “Prostate cancer incidence statistics” and you can easily calculate for the whole world what is the market : IT’S SIMPLY HUGE