Health Care Supplies


I always look at economics of the business
A bird in the hand is worth 2 in the bush and the question is how sure are you there are 2 in the bush and how long you have to wait to get them out
1. How many birds are in the bush?
2. When you gonna get them out?
3. How sure are you?
If interest rates are 15% roughly you've got 2 birds out of bush in 5 years equal to bird in the hand but if interest rates are 3% and you can get 2 birds out in 20 years it still makes sense to give up the bird in the hand because it's all gets back to discounting an interest rate. Often you don't know not only how many birds in the bush but in the case of internet companies there were not any birds in the bush but they still take the bird that you give them from the hand
Loop through all the subindustries and try to understand how many birds are in the bush from the perspective of economics of the business

Revenue

200020012002200320042005200620072008200920102011201220132014201520162017201820192020
Display GDP grow per year to compare with Revenue Change
1. DENTSPLY SIRONA Inc XRAY8901,1291,5141,5711,6941,7151,8112,0102,1942,1602,2212,5382,9282,9512,9232,6743,7453,9933,9864,029
2. The Cooper Companies, Inc COO1972353154124908078599511,0631,0801,1591,3311,4451,5881,7181,7971,9672,1392,5332,6532,431
3. Align Technology, Inc ALGN6.7446701231732072062843043123874805606607628451,0801,4731,9662,407
4. West Pharmaceutical Services, Inc WST4303974204915427009131,0201,0511,0561,1051,1921,2661,3681,4211,4001,5091,5991,7171,840
5. ICU Medical, Inc ICUI566988107761582021882052322853023173143093423791,2931,4001,266
6. Merit Medical Systems, Inc MMSI91104116136151167191208227257297359394449510542604728883995
7. Haemonetics Corporation HAE278294320337364384420450516598645677728892939910909886904968988
8. Avanos Medical, Inc AVNS1,6841,6781,6721,5741,592612652698
9. Quidel Corporation QDEL687476957992106118128164113159156175183196192278522535
10. Neogen Corporation NEOG2435414656637286102119141173184208247283321362402414418
11. Lantheus Holdings, Inc LNTH284302293302331343347
12. RTI Surgical Holdings, Inc RTIX1231411187693757494147165166169178198263282273280281308
13. Meridian Bioscience, Inc VIVO575759668093108123140148143160174189189195196201214201254
14. Atrion Corporation ATRI515860636672818996101109118119132141146143147151155
15. OraSure Technologies, Inc OSUR2933324054696883717775828899106120128167182155
16. STAAR Surgical Company STAA545148505251565975755563647275778291124150
17. Antares Pharma, Inc ATRS1.993.543.792.752.234.277.865.668.3112.8216.4623212746525576124
18. Anika Therapeutics, Inc ANIK12.0911.3113.1915.42630273136405665717510693103113106115
19. Cerus Corporation CERS1.854.548.499.6713.91243611.0416.5117.9823333740363439517694
20. Establishment Labs Holdings Inc ESTA9.5919.8356190
21. Sientra, Inc SIEN10.4535453821376884
22. OrthoPediatrics Corp KIDS243137465873
23. SI-BONE, Inc SIBN404142485567
24. Xtant Medical Holdings, Inc XTNT015.42303333355990837265
25. Utah Medical Products, Inc UTMD2827282827282929282625384240414039414247
26. Retractable Technologies, Inc RVP9.6416.152019.0822242526283936323431353030343342
27. Chembio Diagnostics, Inc CEMI0.02003.313.946.59.2311.0513.8316.7119.392630282417.87243334
28. Quotient Limited QTNT12.2214.3719.7618.4118.5222252933
29. BioLife Solutions, Inc BLFS1.191.340.850.610.630.620.60.971.321.582.082.765.668.956.196.456.458.2311.0219.7427
30. Senseonics Holdings, Inc SENS000.040.336.3718.9121
31. Aspira Women's Health Inc AWH2,2232,4512.182.643.123.054.54
32. InspireMD, Inc NSPR65.354.876.122.822.311.892.763.63.72
33. Vycor Medical, Inc VYCO1.211.091.251.141.451.381.511.48
34. VolitionRx Limited VNRX00.0600.0100000.02
35. United Health Products, Inc UEEC0.020.070000.160.050.240.650.050
36. Arch Therapeutics, Inc ARTH00000000
37. Daré Bioscience, Inc DARE0.0800.77000
38. StatSure Diagnostic Systems, Inc SSUR0.330.881.40.760.90.97
39. Univec, Inc UNVC3.083.912.890.940.330.080.02
40. Avitar, Inc AVTI4.086.549.624.64.054.514.523.11
41. Lancer Orthodontics, Inc LANZ5.655.936.025.896.02


Revenue Growth

200020012002200320042005200620072008200920102011201220132014201520162017201820192020
Display GDP growth per year to compare with Revenue Change
1. DENTSPLY SIRONA Inc XRAY1.271.271.341.041.081.011.061.111.090.981.031.141.151.010.990.921.41.0711.01
2. The Cooper Companies, Inc COO1.191.191.341.311.191.651.061.111.121.021.071.151.091.11.081.051.091.091.181.050.92
3. Align Technology, Inc ALGN6.886.881.51.761.411.211.381.071.031.241.241.171.181.151.111.281.361.331.22
4. West Pharmaceutical Services, Inc WST0.920.921.061.171.11.291.311.121.0311.051.081.061.081.040.981.081.061.071.07
5. ICU Medical, Inc ICUI1.231.231.271.220.72.091.280.931.091.131.231.061.050.990.991.11.113.411.080.9
6. Merit Medical Systems, Inc MMSI1.141.141.121.171.111.11.141.091.091.131.151.211.11.141.141.061.111.211.211.13
7. Haemonetics Corporation HAE1.061.061.091.051.081.051.091.071.151.161.081.051.081.231.050.9710.981.021.071.02
8. Avanos Medical, Inc AVNS1110.941.010.381.071.07
9. Quidel Corporation QDEL1.081.081.031.250.831.171.151.111.091.280.691.40.981.131.041.070.981.451.881.02
10. Neogen Corporation NEOG1.481.481.181.131.191.131.151.191.191.161.181.231.061.131.191.141.131.131.111.031.01
11. Lantheus Holdings, Inc LNTH1.061.060.971.031.11.041.01
12. RTI Surgical Holdings, Inc RTIX1.151.150.840.641.230.810.981.271.561.121.011.021.051.111.331.070.971.0211.1
13. Meridian Bioscience, Inc VIVO0.990.991.051.111.211.171.171.131.141.060.961.121.091.0911.031.011.021.060.941.26
14. Atrion Corporation ATRI1.121.121.031.051.051.091.121.091.081.051.081.081.011.111.071.040.981.021.031.03
15. OraSure Technologies, Inc OSUR1.131.130.981.261.341.280.981.210.861.080.971.091.071.131.081.121.071.31.090.85
16. STAAR Surgical Company STAA0.930.930.951.051.020.991.11.051.261.010.731.141.021.131.041.031.071.11.371.21
17. Antares Pharma, Inc ATRS1.761.761.140.950.730.811.921.840.721.471.541.281.370.911.291.721.141.041.41.63
18. Anika Therapeutics, Inc ANIK0.940.941.171.171.721.130.91.151.161.121.381.171.11.051.410.881.111.10.931.09
19. Cerus Corporation CERS2.452.451.871.141.441.751.460.311.491.091.291.431.111.080.920.941.151.311.481.23
20. Establishment Labs Holdings Inc ESTA2.062.061.751.761.46
21. Sientra, Inc SIEN3.373.371.270.850.541.761.861.23
22. OrthoPediatrics Corp KIDS1.311.311.21.221.261.26
23. SI-BONE, Inc SIBN1.031.031.021.141.151.22
24. Xtant Medical Holdings, Inc XTNTINFINF1.961.0911.071.681.520.920.870.9
25. Utah Medical Products, Inc UTMD0.990.991.010.990.981.041.040.990.980.920.971.511.10.971.020.970.981.051.021.12
26. Retractable Technologies, Inc RVP1.671.671.260.941.131.131.041.041.061.40.930.891.050.921.120.861.011.160.961.26
27. Chembio Diagnostics, Inc CEMI11.511.50NANINF1.191.651.421.21.251.211.161.321.150.940.880.741.341.391.03
28. Quotient Limited QTNT1.181.181.370.931.011.21.111.181.12
29. BioLife Solutions, Inc BLFS1.131.130.630.711.030.980.981.611.361.21.321.332.051.580.691.0411.281.341.791.39
30. Senseonics Holdings, Inc SENSNANNANINF8.7419.22.971.13
31. Aspira Women's Health Inc AWH1.11.101.211.180.981.49
32. InspireMD, Inc NSPR0.890.890.911.260.460.820.821.461.31.03
33. Vycor Medical, Inc VYCO0.90.91.150.911.280.951.090.98
34. VolitionRx Limited VNRXINFINF0INF0NANNANNANINF
35. United Health Products, Inc UEEC2.882.880NANINF54.330.334.542.670.070.11
36. Arch Therapeutics, Inc ARTHNANNANNANNANNANNANNANNAN
37. Daré Bioscience, Inc DARE00INF0NANNAN
38. StatSure Diagnostic Systems, Inc SSUR2.72.71.590.541.191.08
39. Univec, Inc UNVC1.271.270.740.330.350.250.26
40. Avitar, Inc AVTI1.61.61.470.480.881.1110.69
41. Lancer Orthodontics, Inc LANZ1.051.051.020.981.02