Eyewear Focus and Objectives William Sever. TIDIShield Eyewear Focus Volume Opportunity Estimates...
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Transcript of Eyewear Focus and Objectives William Sever. TIDIShield Eyewear Focus Volume Opportunity Estimates...
![Page 1: Eyewear Focus and Objectives William Sever. TIDIShield Eyewear Focus Volume Opportunity Estimates Priority Targets Product Review Product Development.](https://reader036.fdocuments.us/reader036/viewer/2022062300/56649d095503460f949daba8/html5/thumbnails/1.jpg)
Eyewear Focus and ObjectivesWilliam Sever
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TIDIShield Eyewear Focus
• Volume Opportunity Estimates
• Priority Targets
• Product Review
• Product Development (Wilt)
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The Opportunity - Background
• To protect themselves, caregivers regularly wear:– Gowns– Gloves– Face Masks
• Today, the proper use of protective eyewear by caregivers in the hospital is rare
• Why don’t caregivers use eyewear and use it properly?
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The Problem - What the Caregivers Say…
• It’s not where I need it
• It takes too long to assemble - I’m in a hurry
• I have my prescription glasses on – they protect
me
• I have reusable glasses on – I use them all day
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Eyewear is Not Easily Accessible
• Storage is…• Random• Unorganized• Unsanitary
• Leading to…• Non-compliance• Cross-contamination Risk
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Additional Problem – New Learning: Reusable Eyewear Carries Risk!
Clinical Study* Results• Reusable eyewear may carry cross-
contamination risk even after decontamination• 94.9% cultured positive for microbial contamination
post-use• Startling Fact: 75% cultured positive after disinfection!
– (Coagulase Negative Staphylococcus, Gram Positive Cocci, Bacillus, Diptheroids, and Micrococcus)
Single-use, disposable eyewear can reduce cross-contamination between patient cases!
*Eyewear Contamination Levels in the OR, Victor R. Lange, CRC, MSPH
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The TIDIShield Solution
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• Point-of-Use Access• No Assembly Required• Convenience Drives Staff Compliance• Organized and Neat• Portable Dispensers Can be Placed
Where Needed• Acrylic Wall Holder
– Light enough to adheres with 3M Command™ Strips
TIDI Tower™ Dispenser – with TIDIShield Grab ‘n Go
Assembled Disposable Eyewear
Simply Grab and Go! Gravity design fills the dispenser opening.
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Product Review
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Product Rationale
• Eyewear is a focus category for TIDI Products– High margins– Market leader
• Eyewear is a growing product category• VOC and market visits found a need for eyewear storage
and point of use availability• Packs and boxes for all other PPE products except eye
protection
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Two Approaches:• TIDIShield Grab ‘n Go!– Pre-assembled disposable eyewear– In the easy, point-of-use TIDITower package– With easy-to-mount wall holder
• TIDIShield Flip ‘n and Go!– In easy-to-use dispensers for point-of-use access
The TIDIShield Solution
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Product Plans – Rebranding SummaryProduct Line-Up
Old Brand New Brand
Resposables TIDIShield Grab ‘n Go
FlipEase TIDIShield Flip ‘n Go
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Product Plans – Rebranding SummaryProduct Line-Up
Old Brand New Brand
Resposables TIDIShield Grab ‘n Go
FlipEase TIDIShield Flip ‘n GoResposables TIDIShield Assemble ‘n Go Combo Pack
(Shields and Frames)
Resposables Lenses TIDIShield Assemble ‘n Go Replacement Shields
Resposables Frames TIDIShield Assemble ‘n Go Replacement Frames
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• Nurses “love” it!
– Comfortable
– Convenient - just “Grab ‘n Go”!
– Love the colors
• Only exception: One male staff wants to get rid of the pink color
Anecdotal Feedback - Users
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What Happens if We Solve This Issue?
The Prize is Huge!
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The Prize is Huge!
• A few facts and thoughts…
• If a caregiver covers their nose and mouth, shouldn’t they cover their eyes as well?
• If they do cover their eyes, shouldn’t they do it in way that doesn’t increase the risk of infection?
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1 2
3 4
5 6
Least = 1; Most = 6
New Guns
Band Aids
6 Million
2.3 Billion
16 Million
450 Million
634 Million
550 Million
New Cars
Condoms Big Macs
Face Masks
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The Prize is Huge!
• If there was 1 disposable eye shield worn for every 4 face masks in hospitals at $1.215 per eye shield, then the category at the manufacturer level would be $193 Million!
• Currently, distributor level sales of eye shields to hospitals are $8 Million.
• Only 4% of the potential
• So, let’s use this 1:4 Eye Shield : Face Mask ratio
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The Prize is Huge!
Disposable Eyewear
TodayFace Masks
8 Million 640 Million
1 : 11 : 4
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The Prize is Huge!
Disposable Eyewear Future
Disposable Eyewear
Today
Face Masks
8 Million160 Million
640 Million
X $1.215/Eye Shield
$190 Million!
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The Prize is Huge!
• We estimated the sales potential at hospitals using the 1 Eye Shield : 4 Face Mask ratio– We used number of beds as an approximator of
hospital size– We then spread the $190 million of potential sales
across all US hospitals– For a few systems, we added the single hospital sales
together– This works out to 172 Eye Shields per bed each year
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TIDI Eyewear Usage Potential (1 Eye Shield: 4 face masks)
City State Beds Eye Shield/ bed/ day
Annual Units TIDI $/Unit Annual $ Sales
LA County - USC Medical Center Los Angeles CA 650 0.472 111,963 $ 1.215 $ 136,034
LA County - Harbor - UCLA Medical Center Torrance CA 389 0.472 67,005 $ 1.215 $ 81,411
Olive View-UCLA Medical Center Sylmar CA 377 0.472 64,938 $ 1.215 $ 78,900
LA County Central Jail Hospital Los Angeles CA 190 0.472 32,728 $ 1.215 $ 39,764
Rancho Los Amigos National Rehabilitation CenterDowney CA 207 0.472 35,656 $ 1.215 $ 43,322
TOTAL LA COUNTY 1,813 312,289 $ 379,431
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The Prize is Huge!
The annual sales potential for 3 systems:
• For Sentara, the potential is $580K– 13 hospitals; $45K per hospital
• For LA County, the potential is $380K– 5 hospitals; $76K per hospital
• For Advocate, the potential is $690K– 11 hospitals; $63K per hospital
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How big could your prize be*?
• For Sentara, $580K x 15% = $87K
• For LA County, $380K x 15% = $57K
• For Advocate, $690K x 15% = $104K
• For you, that’s over $ 31/ bed/ year!
* Based on 15% Tower sales commission rate
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Priority Targets
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Who Are We Targeting? Priority Caregiver Targets – 5 Groups
• “Beachhead” departments– Operating Room– Labor & Delivery– Emergency Room
• “Hospital-Wide” Departments– Occupational Health– Infection Control
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Who Are We Targeting? Priority Hospital Systems
• Sentara – Virginia ($580K)• LA County ($380K)• Advocate – Chicago ($690K)
• New York Health & Hospital ($973K)• Baptist (Tenet) – San Antonio ($469K)• SAMMC -San Antonio ($88K)• Robert Wood Johnson – New Jersey ($252K)• University Health System – San Antonio
($79K)• Walter Reed – DC ($57K)
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• One New York hospital volume– 15 Operating Rooms– 7 Scrub Sinks– Placed 2 towers at each sink
• Historically, staff all wore mask with shield• Results after 1 month:– TIDIShield had around a 60% “Share of Face”
• The OR staff was using more TIDIShield eyewear than mask with shield
– Materials management stated they were ordering 8x more than they projected
Anecdotal Feedback - Volume
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Product DevelopmentBrian Wilt
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