Say Histogen's profit margin is $500 of that $2,000.
Say 5% of the 40 million balding men and 30 million balding women in the US get it done. That's 3.5M in America alone, at least double that for the rest of Europe and Asia, Canada, Australia, NZ etc. Say 10M people in all.
That's $5 BILLION profit for Histogen, and 20 billion revenue. The entire hair loss industry (surgical, non-surgical and pharma) is currently 'only' a billion dollars a year.
"Hardly earn anything"?! The more this treatment works and the longer it lasts, the more people will get it. It will become as common as laser hair removal or botox. Histogen actually stands to make more money from a one-off, cheap treatment because market penetration will be so much more.
Say 5% of the 40 million balding men and 30 million balding women in the US get it done. That's 3.5M in America alone, at least double that for the rest of Europe and Asia, Canada, Australia, NZ etc. Say 10M people in all.
That's $5 BILLION profit for Histogen, and 20 billion revenue. The entire hair loss industry (surgical, non-surgical and pharma) is currently 'only' a billion dollars a year.
"Hardly earn anything"?! The more this treatment works and the longer it lasts, the more people will get it. It will become as common as laser hair removal or botox. Histogen actually stands to make more money from a one-off, cheap treatment because market penetration will be so much more.
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