Revolutions Medical Corp. (RMCP.OB) is a company that is committed to developing and distributing new products and tools to the medical industry. The company’s goals are to make health care safer and less expensive by reducing risks and cutting time and expenses.
Revolutions Medical ‘s products include the Rev Vac safety syringe, a safety blood-drawing device, and the Rev Vac safety IV catheter. It is estimated that the numbers of needles and syringes sold globally in 2007 exceeded 20 billion units. The world market for safety-engineered medical devices (SEMDs) is projected to exceed $2 billion this year and is forecasted to maintain a 20% annual growth rate in the near term. The company has filed patent claims globally for their proprietary technology.
In June 2008, Revolutions Medical delivered 2000 of their proprietary Rev Vac 3cc safety syringes to be tested by SON Medical for the company’s FDA 510k application. The FDA 510k application is a fast-track method that the FDA set up more than a decade ago for medical devices to get innovative products into the marketplace much sooner. The lab testing is an important part of that process.
Revolutions Medical also provides software solutions and tools that are compatible with standard MRI and standard PACS. The company’s technology includes sorting of images, grayscale and color, 3D rendering, and automatic segmentation of images. These tools will enhance the physician’s diagnostic confidence in an industry that is growing at 10% – 15%, with more than 25 million procedures per year and a worldwide market potential for these tools that exceeds $3.5 billion. The company has filed patent claims globally for their proprietary technology.
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