Could This 1 Detail Could Keep Intuitive Surgical Ahead of Rivals?
Intuitive Surgical (NASDAQ: ISRG) is the leader in robotic surgery -- and by quite a bit. The company holds 79% of the global market, according to BIS Research data. And its closest rival -- Stryker Corp. -- holds about 9%. So Intuitive and its investors don't have to stay up nights worrying about competition.
Still, to stay ahead in the long term, it's important to do one thing -- and that's maintain the robotic systems as a favorite of surgeons. After all, as newer products join the marketplace, there's the possibility surgeons and hospitals will want to give them a try.
Medtronic and CMR Surgical may win regulatory clearance as soon as this year for their new systems, according to Evaluate Medtech. And Johnson & Johnson could gain approval for a system in 2026.
Source Fool.com
