12 surgical robotics companies you need to know (Medical Design & Outsourcing)
Surgical robotics remains a hot area in medtech — even as it faces headwinds from the COVID-19 pandemic.
Intuitive Surgical (NSDQ:ISRG) pioneered robotic surgery through the early 2000s and remains the dominant player, but major companies including Medtronic (NYSE:MDT) and Johnson & Johnson (NYSE:JNJ) have big plans to enter the space and compete.
Meanwhile, Stryker (NYSE:SYK) has built a strong niche in the robotic ortho surgery space.
Read on to discover the status of 12 companies playing an important role in the robot-assisted surgery space.
Intuitive Surgical: Cutting prices to boost its lead
The da Vinci SP surgical system [Image courtesy of Intuitive Surgical]Intuitive Surgical (NSDQ:ISRG) — the world’s dominant robotic surgery company — has found itself in the same boat as many medical device companies making equipment not directly related to the COVID-19 pandemic: Sales took a hit during the second quarter, about a fifth in Intuitive’s case.
The pandemic, though, may have also given Intuitive Surgical extra time to make an economic...
