Oct 13, 2022 / 03:30PM GMT
Morgan Frank - SANUWAVE Health, Inc. - Chairman
Okay, good morning. I'm Morgan Frank. I'm the Chairman of SANUWAVE wound care. We are a commercial stage medical device company in the -- I know I don't have presentation issue here. In the $45 billion US wound care space. We sell products both in the United States and abroad. We have two FDA approved products. This market is currently undergoing a very significant change. And that change is the transition to evidence-based medicine.
So what does that change look like? This is a huge market. [Their reasons kick ahead multiples.] So this is a huge market. It's over $45 billion in the US alone. And diabetic foot ulcers alone, our market bigger than breast cancer. This has created a few -- the growth industry with the sort of drivers you'd expect. You've got an increase in -- in the aging population, you've got more diabetes, you've got more obesity.
These are all of the things that drive a need for wound care. But the markets are large, and this turns it into something of a pain point, particularly for the payers. And this is what's driving
SANUWAVE Health Inc at MicroCap Rodeo -- Windy City Roundup Transcript
Feb 15, 2024
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