Overview
Inroduction to our company
Our Company
Inroduction to our company
Overview
Sannula Safe MedTech LLC is a medical device company that specializes in producing safety cannulas designed to improve patient outcomes and reduce all the risks in healthcare environment. Our flagship product, the Nano S Pro Safety Cannula, utilizes unique design features and nano-technology to provide optimal safety features while maintaining ease of use and comfort for healthcare professionals.
Our company is dedicated to improving patient outcomes and protecting healthcare professionals from more than just needlestick injuries, but also minimizing the environmental impact of medical waste.
A glemse of the safety IV Market
Market Analysis
The global safety cannula market is rapidly growing, The market size for safety cannula products is expected to reach $6.8 billion by 2025, with a CAGR of 8.4%. In the USA, the market size for safety cannulas is approximately $1.2 billion, with a projected growth rate of 7% per year.
The market is highly competitive, with established players such as Becton, Dickinson, and Company, Smiths Medical, and Terumo Corporation. but there is still room for innovative products such as the Nano S Pro Safety Cannula.
The Nano S Pro
Our Product
The Nano S Pro Safety Cannula is the flagship product of our company and provides optimal safety features while maintaining ease of use and comfort for healthcare professionals. The Nano S Pro is manufactured using Nano-Technology and has Zero Percent sharp medical waste, making it 100% environment friendly.
The unique features of the Nano S Pro Safety Cannula, such as the triple flush back technology, the "click fix" technique, Complete Closed System Tech, and the only IV.Access in the Market that acully minimize the chance of Vein Rupture. ultimately leading to a safer and more effective healthcare Cannulation system.
Some Key Numbers
Financial Projections
Our projected revenue for the first year of operations is $0.8 million, with a gross profit margin of 91%. By the end of year three, we project our revenue to reach $6.7 million, with a gross profit margin of 91%. Our net profit margin for the first year of operations is projected to be 42%, with an increase to 48% by the end of year three.
Note: We plan to reinvest a portion of our profit back into research and development and expanding our market reach to continue to innovate and stay ahead of the competition.
B2B & B2G
Business Model
Our company will operate as a B2B and B2G enterprise, leveraging the expertise of industry specialists for manufacturing and distribution. Our operational framework is centered around key functions such as research and development, marketing and sales, and strategic management.
With plans to have an active after sales Ongoing Support. To ensure that healthcare facilities are using our products in the most effective way possible, With our close and ongoing support and assistance. This could include Product Training, Regular Check-ins, and Feedback on areas where improvement may be needed.
significant findings and conclusions
Key Findings
In conclusion, Sannula Safe MedTech LLC is well-positioned to make a significant impact in the medical device industry by offering innovative and Environment-Friendly safety cannula products. The Nano S Pro Safety Cannula, our flagship product, combines advanced design features being the only cannula in the market developed by Nano-Technology to provide healthcare professionals with optimal safety, ease of use, and patient comfort.
The market for safety cannulas is experiencing rapid growth globally, and our projections indicate promising revenue potential.
Our business model emphasizes strategic partnerships with industry experts for manufacturing and distribution, allowing us to focus on core functions such as research and development, marketing and sales, and strategic management. Additionally, we are committed to providing ongoing support to healthcare facilities, ensuring that they receive the necessary training and assistance to maximize the benefits of our products.
By reinvesting a portion of our profits back into research and development and expanding our market reach, we will continue to innovate and maintain a competitive edge in the industry. With our dedication to improving patient outcomes and minimizing environmental impact, Sannula Safe MedTech LLC is poised to become a leader in the safety cannula market, driving positive change in the healthcare industry.
Testimonial
a safety cannula designed to prevent accidental injuries from needles as well as reduce blood backflow and vein ruptures during intravenous and blood transfusion injections.
We knew that we had to be proactive to combat the COVID-19 outbreak in Jordan. So all Minds have all volunteered their time to develop the parts and consumables that we have delivered to the authorities to test the efficacy of the consumables and parts that are needed on a daily basis across the Kingdom
Sannula, offers an innovative needle to prevent infections in hospitals. It is a safety tube designed to prevent damage to the needle stick, unwanted blood flow or rupture of veins during cannulation
The ‘Sannula’, as Ziad calls it, takes this already available cannula and instead of a two-way valve has a four-way valve, thus reducing the spilling out of blood as the needle is removed from the vein.