Industry Overview - Robotic surgery is transitioning from science fiction to mainstream medical practice, enhancing surgeons' capabilities for more accurate and efficient procedures [1] - The field is rapidly evolving, with robotic-assisted surgeries currently being the norm rather than fully autonomous surgeries [1] Company Insights: Intuitive Surgical - Intuitive Surgical Inc. has been a leader in robotic-assisted surgeries since 2001 with its da Vinci system, which offers precision and enhanced vision for outpatient surgeries [1] Company Insights: Medtronic - Medtronic PLC is a prominent player in the medical device sector, known for its extensive range of products for chronic conditions, including cardiac devices and patient monitoring solutions [2] - The company has developed the Touch Surgery Ecosystem, which includes AI-powered tools for surgical training and performance analysis [3] - Medtronic's Hugo Robotic Assisted Surgery system is designed for minimally invasive procedures and is portable, unlike the da Vinci system [4][5] - Medtronic acquired Mazor Robotics for $1.64 billion to enhance its capabilities in spine surgery with the Mazor X robotic guidance system [6] Company Insights: Zimmer Biomet - Zimmer Biomet Holdings Inc. specializes in musculoskeletal and orthopedic products, with its flagship robotic system, ROSA, designed for various surgical procedures [8] - The ROSA systems are FDA-approved and assist in minimally invasive surgeries, providing real-time data to improve surgical outcomes [9] - Zimmer Biomet has plans to launch new robotic applications in the near future, expanding its offerings in the surgical robotics market [10][11]
2 Robotic Surgery Stocks Challenging Intuitive Surgical's Lead