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Is There Growth Left for Surgical Robots?

October 31, 2023
in Markets
Reading Time: 2 mins read
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Is There Growth Left for Surgical Robots?

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Regardless of how good synthetic intelligence turns into, no airline firm will ever fly and not using a human on board who offers the looks of being in cost. eVTOLs may be the exception right here, however a airplane carrying 250 passengers can have somebody in a go well with with a dapper trying cap ensuring every little thing is kosher. The identical holds true for surgical procedures. Even when a robotic can do a surgical procedure by itself, you will be positive a human will all the time be trying over its metallic shoulder to ensure nothing goes pear formed. “Click on sure to snip,” or “are you positive you need to minimize that artery?” are the prompts tomorrow’s surgeons will turn into accustomed to. And the robots asking these questions will seemingly be produced by the main robotic surgical procedure firm by a mile – Intuitive Surgical (ISRG).

Analysts estimate ISRG owns about 80% of the market share, with medical system producer Stryker (SYK) reportedly a distant second at about 10% after buying Mako Robotics a couple of decade in the past.

Credit score: Nanalyze

Revisiting Intuitive Surgical Inventory

Whereas the ISRG IPO submitting may be a number of many years outdated, it offers a easy rationalization of how surgical procedure has advanced. Fashionable open surgical strategies emerged within the second half of the nineteenth century due to the mix of two medical breakthroughs: anesthesia and sterile approach. Then got here

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