Intuitive Surgical Inc. (ISRG)
Intuitive Surgical Inc. is a pioneer in robotic-assisted minimally invasive surgery. Founded in 1995, the company is best known for its da Vinci Surgical System, which enhances surgeons' capabilities during complex procedures across various medical fields. Intuitive Surgical's technology aims to improve patient outcomes, reduce trauma, and shorten recovery times. Its devices are widely used in hospitals and surgical centers globally.
Company News
Three companies - Snowflake, Intuitive Surgical, and CrowdStrike - demonstrate resilience against AI disruption due to their unique business models requiring human oversight and specialized expertise.
Billionaire Philippe Laffont sold Coatue Management's stake in Super Micro Computer and increased investment in Intuitive Surgical, a surgical robotics pioneer with significant market presence and growth potential in robotic-assisted surgeries.
The global Bariatric Surgery Market is projected to grow from USD 1.70 billion in 2023 to USD 3.34 billion by 2032, driven by rising obesity rates and technological advancements in minimally invasive surgical techniques.
Restore Robotics received FDA clearance to remanufacture Intuitive Surgical's da Vinci Xi Monopolar Scissors. However, analysts believe the impact on Intuitive Surgical will be limited, as reprocessing is not new and the company allows the use of FDA-cleared third-party instruments.
Intuitive Surgical is a leading innovator in robotic-assisted surgery with its da Vinci Surgical System. The company benefits from an aging population and a solid competitive moat, making it a strong buy recommendation.
