OxySure Systems is a
Texas-based medical technology company that designs, manufactures, and
distributes specialty respiratory and medical solutions. The company is the
creator of a groundbreaking medical technology that allows oxygen to be
delivered on demand, via the instantaneous creation of medically pure oxygen
from two dry, inert powders. Since the product is revolutionary, is easy to
operate, does not require specialized care or maintenance, and has potential to
become a mainstream medical device, it is already gaining traction in the
global medical device marketplace.
OxySure Systems’
launch product, the OxySure Model 615, uses this technology to enable parents,
passersby, or even victims to administer oxygen when it is needed in a medical
emergency. The machine model is already an FDA-cleared model that has been
installed and used in multiple facilities across the United States. A user only
has to turn a knob, and the OxySure Model 615 is ready for instant use. The
product is already gaining the attention of many inside and outside the medical
technology industry, having received numerous accolades such as the Tech Titans
Innovation Award in 2008 and MedVentures Award in 2011. It does not require a
prescription for over-the-counter sale, either.
The global market
potential for the OxySure Model 615 has been put at over 500 million units,
with locations such as school campuses, manufacturing facilities, churches, and
restaurants being mentioned as prospective places for product placement and
installation. OxySure Systems has also been investigating the viability of the
OxySure Model 615 being placed in more unique locations such as recreational
vehicles. With the strong potential to become used as a mainstream medical
device, the machine model may become as standard a medical unit in these
locations as the fire extinguisher or the automated external defibrillator. End
markets for the OxySure Model 615 in the United States alone could edge into
the installment of over 100 million machine model units.
OxySure Systems has
created a recurring revenue model with this machine model, as it possesses
reusable hosing and a replaceable cartridge that must be replaced after each
use or the end of a two-year shelf life. As more units are introduced into more
global locations, this can turn into a stronger recurring revenues model.
Additionally, the company’s oxygen creation technology gives it the capacity
for other vertical markets as well.
Currently, OxySure
Systems is seeking to further its product’s global presence through the
establishment and leveraging of key partnerships with global distributors and
large original equipment manufacturers worldwide.
This month has been
a busy one for OxySure Systems. It just finished exhibiting at the world’s
largest medical device tradeshow, the Medica 2013 Trade Fair. Taking place over
four days, the convention reportedly attracted around 130,000 attendees a day.
OxySure Systems subsequently received many inquiries about and distributor
interest in its oxygen-providing technology. The company also solidified
partnership deals with distributors in Hong Kong, Macau, and Chile. There is
room for further distributive deals from the conference as well.
During Q3 2013, the
company reported sales had jumped 428 percent. An early-December Wall Street
Cheat Sheet article noted OxySure Systems as being an emerging attractive
investment opportunity in the evolving marketplace of healthcare. Since it is
an over-the-counter product, the OxySure Model 615 likely will not feature the
medical device tax imposed by the Affordable Care Act.
With the OxySure
Model 615 sporting groundbreaking oxygen-creating technology as its foundation
and having potential to emerge as a mainstream medical device, OxySure Systems
is on the road to gaining strong global marketplace growth.
For more
information, visit: www.oxysure.com
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