SOG’s cancer and O&G doctors gained recognition and won market share in 2018.
SOG is one of my favourite medical stocks on the SGX. Their share of the private birth market grew for the fifth consecutive year. Based on their 2018 annual report, SOG specialists delivered 1,824 babies in 2018 which works out to a 8.9% market share of the private birth market.
1,824 babies in 2018.
Let that sink in for a while.
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1,824 babies in 2018
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That works out to almost 5 babies a day!
It’s pretty impressive because the company’s obstetrician headcount remained the same in 2018 so each of the doctors are now delivering more babies and gaining recognition.