"Medical Edu-Tech company" 3D Medivision, ready to take on KOSDAQ IPO

[Seoul Economic TV=Reporter Kim Hye-young] The world's first "Medical Edu-Tech" company, 3D Medical Vision (CEO Kim Ki-jin), will throw their hat into the ring for the KOSDAQ market.

3D Medivision announced on the 6th that it will select Daishin Securities as the organizer of the IPO and start preparing for listing on the KOSDAQ in earnest with the goal of the second half of next year. Daishin Securities is also positively evaluating the outlook for the medical edutech business by considering direct equity investment of 3D Medivision.

3D Medivision is the first company in the medical field to succeed in commercialization using a 3D imaging system. Three Medivision, which aims to become the "first listed medical edutech company," is strengthening its market competitiveness along with expanding its entry into the domestic and foreign edutech market by presenting a "new normal" for online education in the post-corona era.

Since its establishment in 2011, 3D MediVision has been focusing on establishing a new medical education paradigm, such as developing a 3D medical imaging system that simultaneously satisfies the smart education environment and resolving problems such as regional bias and high education costs in the medical education market. In April last year, it opened the world's first 3D medical video online platform "veterflix" in the field of "suite" surgery and is providing 3D medical education services. Veterflix is receiving favorable reviews from clinical veterinarians and veterinary-related institutions as it can experience actual surgery field education in a non-face-to-face manner, and the number of content users is rapidly expanding.

Three Medivision is currently expanding its users to 7,000 veterinarians in Korea based on 90 surgical video contents. It plans to expand its content to more than 300 by the end of this year and accelerate its entry into overseas markets.

In addition, due to the expansion of demand for untact education around the world due to COVID-19, 3D Media is expected to see overseas market performance as discussions on collaboration with related organizations such as the United States, China, and Japan are currently nearing the end. The company explained that the number of veterinarians in major overseas countries such as the U.S., China, and Japan is about 200,000, about 30 times that of South Korea, which is expected to improve external growth and profitability through Veterflix's entry into overseas markets.

Kim Ki-jin, CEO of 3DMedivision, said, “The era of ‘untact’, which has already started with the 4th industrial revolution, is explodingly accelerating due to COVID-19 in 2020. “Even if only 5% of the 200,000 veterinarians in major foreign countries are secured, the market will be worth 6.6 trillion won per year. We plan to grow into a leading company that leads.”

He continued, “We will select Daishin Securities, which has a track record of successfully leading IPO deals in various industries and cases, as the listing organizer and prepare for the IPO in earnest.” We will do our best to enter the stock market,” he added.

On the other hand, the pet family and pet industry are rapidly growing due to the increase in the number of single-person households and companion animals in domestic as well as overseas markets. According to the ‘2020 Pet Care Market Prospect’ report released recently by Euromonitor International, a global market research company, the global pet care market will grow from $ 131.3 billion in 2019 to $ 139.8 billion in 2020 (166 trillion won). 401.6 billion won). In particular, the size of the Korean market is expected to reach $1.729 billion (KRW 2.58 trillion) in 2020 from $1.633 billion (1.944 trillion won) in 2019, and is expected to reach 2 trillion won for the first time this year.

[ⓒ Seoul Economic TV (www.sentv.co.kr), unauthorized reproduction and redistribution prohibited]

https://www.sentv.co.kr/news/view/577384?device=pc​ (KR)