REVO

Meerecompany, a company related to surgical robots, is expected to expand its business opportunities in the government's support policy.

According to stock industry officials on the 15th, Meerecompany, a KOSDAQ-listed company that recently won overseas orders for surgical robots, is likely to grow as the government is speeding up its policy of promoting surgical robots as part of its new growth project.



▲ Kim Joon-hong, CEO of Meerecompany.

Meerecompany is a display equipment company that focuses on processes that strengthen display panels and is expanding its scope to surgical robot business by utilizing precision control technology.

"The potential for Meerecompanies' growth in the surgical robot business is excellent," said Lee Jong-wook, a esearcher at Samsung Securities.

"Meerecompany recently secured orders for surgical robots to overseas hospitals in Central Asia, and it has the potential to develop in that the government is determined to support surgical robots," said Kim Choong-hyun, a researcher at Mirae Asset Daewoo.

However, it has been analyzed that the surgical robot sector should be strengthened step by step starting with the niche market as global companies are strongly positioned.

Kim Choong-hyun, a researcher at the institute, said, "Meerecompany will have a good chance of winning if they help reduce unit operating costs by expanding the penetration market (TAM) into small and medium hospitals and overseas markets rather than competing directly with global competitors in the large hospital market."

The government is pushing for various policies to revitalize surgical robots.

The Ministry of Science, Technology, Information and Communication plans to invest 120 billion won in the surgical robot sector, with preliminary feasibility studies completed on the development of innovative medical devices.

The Ministry of Health and Welfare has decided to review the application of the number of medical insurance for surgical robots in the second half of this year. "We are considering paying for robotic surgery, but we need more opinions and discussions," a ministry official said.

However, there are concerns over Japan's heavy reliance on robot-related parts, including surgical robots, at a time when Japan has recently tightened export regulations for Korea.

However, it is positive that not only the ruling party but also the opposition Liberty Korea Party are suggesting that the robot industry should not be spared government support.

"With Japanese companies monopolizing more than 90 percent of the key parts of Korean robots, we urgently need to make more aggressive efforts to localize the components to form a virtuous circle in which Korean parts are used in our robot products," said Rep. Kim Kyu-hwan of the Liberty Korea Party. [Business Post reporter Cho Sung-woo]

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http://www.businesspost.co.kr/BP?command=article_view&num=135400