bullish
Tactile Systems Technology (TCMD US): Subsiding COVID to Drive Mid-Teens Sales Growth in 2022
432 Views10 Jun 2022 22:35
SUMMARY
- Tactile Systems Technology I (TCMD US) offers pneumatic compression pump, which has total current addressable market opportunity of $10B+ in the U.S. The company’s annual run rate is ~$200M.
- To penetrate the addressable market deeper, Tactile is aggressively expanding commercial team, which should lay the foundation for long-term sustainable revenue growth and margin expansion.
- With the declining COVID-related headwinds, new product launch, and better commercial execution, Tactile should be well-positioned for accelerated growth trajectory.
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Tina Banerjee
Global Healthcare Analyst
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- Tactile Systems Technology (TCMD US): Subsiding COVID to Drive Mid-Teens Sales Growth in 202210 Jun 2022
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