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Biotech / Medical : Chromatics Color Sciences International. Inc; CCSI
CCSI 25.01-16.0%3:59 PM EST

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To: Peter V who wrote (3477)6/24/1998 12:15:00 AM
From: JanyBlueEyes  Read Replies (2) of 5736
 
Market Share vs Size of the Market

How can anyone calculate what the market share of this device will be? One could make an estimate of what the market share could be, but we will never actually know what it will be until it is distributed, etc. This is a non-issue since CCSI has never estimated the potential market share for this device.

As far as the size of the market, this is what Maisels stated in the press release: "I cannot claim expertise in how "markets" are calculated, but the potential for the use of transcutaneous bilirubinometry involves the majority of babies born in the world......"

He did not say he was "unqualified" and you can't assume that based on his comment.

He said he can't "claim expertise".....BUT he did offer his opinion, and with his credentials, his opinion is worth quite a lot.
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