How many millions of dollars has Boston Scientific, Colplast and other large urological companies lo

Discussion in 'Medical Equipment/Device Sales-General Discussion' started by LewisNews, Oct 18, 2018 at 2:05 PM.

  1. LewisNews

    LewisNews Guest

    How many millions of dollars has Boston Scientific, Colplast and other large urological companies lost billed with the appearance of penile extenders in the USA? Estimated billions.


    In the past, when men had problems with a small penis or penile curvature (Peyronie's disease), they went to the surgeon at a cost ranging from $10,000 to $20,000. But from the year 2000, the sale of a medical device for penile traction began to develop, which solved the problem of Peyronie's disease and offered the possibility of a lengthening of the penis, avoiding the side effects of surgery. Years later, new devices appeared copying the originals.


    It has been 18 years since then and today penis extenders have flooded the internet, stores, medical offices, it is estimated that more than 5 million patients have used penis extenders.


    If there were no penile extenders that correct the curvature and lengthen the male organ, as was the case before the year 2000, the only possibility being surgery with the placement of intra-penile prostheses for example, we would be counting that at least 10% of those 5 million patients would have spent the money on surgery. That is to say, 500,000 people would have paid about 10,000€ each one and between all of them they would have disbursed an amount of 5 billion US Dollars.


    This means huge losses for large medical companies and a substantial business for small shops selling these products over the internet.


    Large urology companies seem to be anchored in a business model of the last century, not knowing how to react to the new times. The only alternative they have opted for is to try to get medical insurers to pay part of the medical expenses, but these only cover part of them and represent a significant outlay of money for patients.


    Not long ago, some insurers decided not to reimburse vacuum devices indicated for erectile dysfunction, following the current global policy of controlling company spending.


    The world has changed, business models change, and the perception that people have of the value of things too. Today few spend money on a good steel scissors with a 20-year warranty, today we prefer to buy a cheap plastic scissors, which even if damaged in a short time comes cheap.


    The consumerism of cheap products and globality have reached the big medical companies in the form of huge economic losses from the hands of mediocre accounting and marketing advisors.
     

  2. anonymous

    anonymous Guest

    All that "opinion" and no link? Where is the website for the penis extender that you are selling?