How was the blood glucose monitoring market, when i-SENS started?
i-SENS 创办时，血糖监测市场是怎样的？
The global market for glucose sensors when i-SENS entered the market was 6–7 billion USD. Given the size of our operations, achieving just 0.1 percent of the market would suffice for the company to sustain itself. Moreover, 95% of the Korean market was controlled by four major companies. There were no local competitors. I determined that i-SENS could produce a product that was more advanced than what was available from the competition. The other products required larger amounts of blood and had slower measuring times, for example requiring 5 μL of blood and taking 15–30 seconds to measure. We believed that we could create a product that required less than 1 μL, and less than ten seconds. Hence, i-SENS developed the most advanced 0.5 μL and five-second glucose sensor on the Korean market at the time based solely on our own patents.
i-SENS 进入市场时，血糖传感器的全球市场规模为 60-70 亿美元。考虑到我们的运营规模，仅达到市场的 0.1% 就足以使公司存活。此外，95% 的韩国市场由四家主要公司控制，没有本地竞争对手。我确定i-SENS可以生产出比竞争对手更先进的产品。其他产品需要更大的血量，测量时间较慢，例如，需要 5μL 血液，测量时间为 15-30 秒。我们相信，我们可以创造一种所需血量小于 1μL、测量时间不到十秒的产品。因此，i-SENS 在韩国市场开发了最先进的 0.5μL 和 5 秒血糖传感器，该产品完全基于我们自己的专利技术。