Bluejay Investor Presentation Deck
The Commercial Opportunity:
A Potential $1.2 Billion Total Addressable IL-6 Testing Market in Acute Care Settings (US Annual)
Potential testing revenue from IL-6 testing in long-term acute care facilities (LTACs), emergency departments (EDs), and intensive care units
(ICUS)
DESCRIPTION
Number of patients
Percentage of patients with clinician ordered IL-6 tests³
Average number of IL-6 tests ordered for each patient³
Estimated number of IL-6 tests performed
Cost per test to the lab4
Total Addressable Market for IL-6 testing
Testing increase expected with Bluejay's Symphony IL-6 test³
Total Addressable Market with Bluejay's Symphony IL-6 test
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DIAGNOSTICS
LTACS
400,000¹
27.5%
3.4
0.37 M
$150
$56.1 M
26.4%
$70.9 M
1 Harmony Healthcare: https://harmony.solutions/understanding-care-long-term-acute-care-hospitals-101/
2National Center for Health Statistics, National Hospital Ambulatory Medical Care Survey, 2020
3Frost & Sullivan primary research
4Bluejay pricing expectations per IL-6 test under DRG coding
The SymphonyTM System and SymphonyTM Cartridge have not been cleared or approved by the U.S. FDA
ICUS
3,100,000²
26.5%
3.7
3.0 M
$150
$453.5 M
57.7%
$714.9 M
Bluejay's Symphony has potential to expand use of IL-6 testing in acute care settings:
increase testing volumes by 54.6%
raise TAM to $1.8 B
EDS
5,345,000²
23.5%
3.5
4.4 M
$150
$663.2 M
54.9%
$1,027.3 M
Copyright ©2023 Bluejay Diagnostics, Inc. All rights reserved in all slides | August 2023
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