OSTOMY MEDICAL DEVICE WITH WORLDWIDE SALES
OSTOMY MEDICAL DEVICE WITH WORLDWIDE SALES
NVC2265
About the Company
This ostomy medical device provides comfort, ease and peace of mind to thousands of patients across the U.S. and overseas. The long-established brand name is instantly recognizable to those who need and use the device and to those medical professionals who recommend it. A Midwest-based Company manufactures and markets the trademarked and copyrighted product, which has been registered with the U.S. Food and Drug Administration since before its original introduction to the market more than 25 years ago. With its strong brand and loyal customers, the device represents a growth opportunity for a medical supply company with the resources to expand on its record of success.
GROWTH OPPORTUNITIES
Revamped manufacturing – Taking production in-house would likely reduce the cost of bringing the product to market.
Emphasizing sales – For major manufacturers in this space, there is a significant opportunity to increase penetration with existing channels.
International business – While current sales are primarily in the U.S., there are established international customers that can be expanded with significant growth potential.
INVESTMENT HIGHLIGHTS
Established brand – The product enjoys wide name recognition among medical professionals and patients for the ease and peace of mind it brings to users.
Adaptability – It can be easily used in conjunction with other manufacturer’s medical devices.
Lack of competition – There is no legitimate direct competitor.
Supplier relationships – After decades of successful sales, the product is a known commodity with nearly two dozen medical supply companies.
MARKET OPPORTUNITY
Our device is used with an essential complementary device
North America –
- Complementary device sales: 82,000,000 units annually
- Target market share: 20%
- Estimated units: 16,400,000
- Total potential revenue: $16,400,000
International –
- There is a significant opportunity for sales in Japan, South Korea, Australia and New Zealand as well as additional sales in Europe.
- Combined, complementary devices sales are estimated at over 100,000,000 units annually.
REVENUE AND EBITDA
2024 Revenue: $480,000
2024 EBITDA: $250,000
INTERESTED?
If this opportunity fits your Company, please fill out the below NDA to get started and contacted with more information.
Contact us for more information!
NuVescor Group
(616) 379-4047 Ext: 106
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