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Market Potential

Meaning

Market Potential, in the context of the hormonal health and wellness space, refers to the projected maximum sales revenue or patient adoption rate achievable for a new diagnostic test, therapeutic product, or clinical service within a defined geographical or demographic area. This economic metric is determined by assessing the size of the target patient population, the prevalence of the specific hormonal imbalance or condition, and the unmet clinical need. A high market potential indicates a significant opportunity to provide a valuable solution to a large patient segment.