Quantum International Corp. (OTCBB: QUAN), an emerging robotics innovation company, announced today that it is sharpening its focus and exploring new initiatives in the booming medical robotics sector.
The company is currently seeking out targets that are developing the next generation of computer-generated surgical tools and robots to market and distribute to medical centers around the world. QUAN is working to join a booming global robotics industry valued at an estimated $2.1 billion in 2011 and projected to reach $3.6 billion by 2016 (BCC Research).
The advantages of robotic surgery include better precision, smaller incisions, decreased blood loss, less pain, shorter healing time and articulation beyond normal manipulation. As of end-2010, only 1,752 robotic surgical systems have been installed globally. QUAN’s aggressive new initiative could lead to more advancements in this sector, as surgeons seek out newer, more affordable ways to perform complex medical procedures.
The U.S. accounted for more than two-thirds of the global medical robot and computer-assisted surgery market in 2010, a share that BCC Research expects to remain nearly steady through 2016. Europe is the second-largest market for Medical Robotics and Computer-Assisted Surgery (MRCAS), with a little less than one-quarter of the market.For more information on Quantum International’s robotics initiatives, please visit http://www.quantuminternationalcorp.com/investors.html. Quantum International Corp. is working to develop the next generation of robotics technology to compete in a booming global industry alongside Hansen Medical, Inc. (Nasdaq: HNSN), MAKO Surgical Corp. (Nasdaq: MAKO), Covidien (NYSE: COV), Varian Medical Systems Inc. (VAR), and Accuray Incorporated (Nasdaq: ARAY). About QUAN International Corp. Quantum International Corp. (OTCBB: QUAN) is an emerging robotics innovation company working to commercialize the next generation of sophisticated, automated technology. The Company is positioning itself to develop, deliver and market the most cutting-edge innovations in robotics in order to leverage the worldwide demand for the precision, speed, and cost-effectiveness these technologies offer.