Tactile Systems Technology (TCMD US): Subsiding COVID to Drive Mid-Teens Sales Growth in 2022
Tactile Systems has a significant runway ahead as the company continues to penetrate the combined multibillion-dollar annual addressable market opportunity amid improving COVID-related headwinds.
- 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.
Full analysis here:- https://www.smartkarma.com/insights/tactile-systems-technology-tcmd-us-subsiding-covid-to-drive-mid-teens-sales-growth-in-2022?utm_source=tiger_community
By Tina Banerjee, Insight Provider on Smartkarma:- https://www.smartkarma.com/profiles/tina-banerjee?utm_source=tiger_community
On Tactile Systems Technology I (TCMD US):- https://www.smartkarma.com/entities/tactile-systems-technology-i?utm_source=tiger_community
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