SAGES 2019: Spotlighting Competitive Robotic Systems And Procedures

Surgical robotics giant Intuitive Surgical will soon face competition from Medtronic and Verb Surgical. With the Society of American Gastrointestinal and Endoscopic Surgeons (SAGES) annual meeting on the way in Baltimore, MD this week, Wells Fargo analyst Larry Biegelsen offers an outlook on competitive robotic systems and the rising popularity by surgeons to use robotics systems in hernia, bariatric, cholecystectomy and colorectal procedures.

Robotic Surgery

The growing surgical robotics market has long been dominated by Intuitive Surgical Inc.'s da Vinci robotic platform. But Intuitive will face tough competition when Medtronic PLC and Verb Surgical, a partnership between Johnson & Johnson Medical Inc. and Alphabet enter the surgical robotics market next year.

Ahead of the Society of American Gastrointestinal and Endoscopic Surgeons (SAGES) annual conference in Baltimore, MD from April 3-6, Wells...

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