It has been a tough couple of years for robotic surgery specialist Intuitive Surgical, but the firm could be turning the corner, believes Jefferies analyst Imron Zafar. In its core US markets, the volume of prostate surgeries seem to have stabilized after a drop in 2012-13, while hysterectomy rates “look to have bottomed,” the analyst noted.
But, even more optimistically, Intuitive is looking to expand into general surgery and overseas markets, “where penetration of da Vinci...
Read the full article – start your free trial today!
Join thousands of industry professionals who rely on Medtech Insight for daily insights
- Start your 7-day free trial
- Explore trusted news, analysis, and insights
- Access comprehensive global coverage
- Enjoy instant access – no credit card required
Already a subscriber?