Medical Robotics

Medical Robotics
  • Pininvest Analysis

Robotics are being implemented in medical fields as diverse as rehabilitation, non-invasive radiosurgery or hospital/pharmacy, but surgical robots, assisting the surgeon in specialized operations, are the more complex devices with the largest market potential

Da Vinci robots, by Intuitive Surgical, have dominated the surgical market entirely for the past 20 years, with currently 4 666 units installed (as of Q2-2018), a powerful moat considering the extensive training required and the unit list price (from approx. $1.2 million for the lower priced X model to $1.85 million for the main stream Xi robot)

However, the market is evolving and as Intuitive starts losing the patents of its inventions, it can be assumed new entrants are preparing their own range of robotic applications

With ever increasing miniaturization allowing for more versatile robotic arms, the range of procedures surgical robots may assist will continue to expand, focusing the interest of the very large medical device suppliers

Read our notes

Medical Robotics • Updated:

Name Ticker Exchange Sector Industry Currency Cur.Price Mkt.Cap Perf. Vol. Risk Contrib. MDD
 
OMRON Corporation OMRNY OTC Industrial Goods Robotics & Industrial Processes USD 55.30 - 28.4% 34%   2% -24%
Accuray ARAY NASDAQ Health Care Specialized Medical Devices USD 3.13 278 M -18.7% 54%   2% -51%
Corindus Vascular Robotics CVRS NYSEMKT Health Care Specialized Medical Devices USD 4.25 885 M 222.0% 101%   36% -36%
Fortive FTV NYSE Industrial Goods Precision, Measurement & Processing USD 69.50 23 B -19.9% 24%   1% -27%
Getinge GNGBF OTC Health Care Specialized Medical Devices USD 14.00 - 21.0% 33%   0% -22%
Intuitive Surgical Inc. ISRG NASDAQ Health Care Specialized Medical Devices USD 523.64 60 B -6.3% 34%   3% -24%
Johnson & Johnson JNJ NYSE Health Care Drug Manufacturers - Diversified USD 129.54 342 B -4.8% 20%   1% -17%
Koninklijke Philips (ADR) PHG NYSE Health Care Medical Technology USD 47.47 44 B 6.7% 24%   2% -29%
Maxar Technologies MAXR NYSE Industrial Goods Aerospace/Defense - Engineered Systems USD 10.11 603 M -70.4% 116%   0% -89%
Medtronic MDT NYSE Health Care Specialized Medical Devices USD 109.05 146 B 15.7% 19%   1% -17%
ORHub ORHB OTC Health Care Healthcare Supply Chain & InfoTech USD 0.07 - -79.3% 186%   1% -93%
Robo Global Robotics and Automation Index ETF ROBO NASDAQ Industrial Goods Robotics & Industrial Processes USD 39.35 1.3 B -5.4% 24%   2% -28%
Roper Industries ROP NYSE Industrial Goods Engines, Industrial Equipt & Cpts USD 356.73 37 B 15.1% 23%   2% -21%
Siemens SIEGY OTC Conglomerates Industrial Conglomerates USD 53.62 - -12.3% 21%   1% -25%
Smith & Nephew SNN NYSE Health Care Specialized Medical Devices USD 46.63 21 B 26.5% 19%   1% -14%
Stereotaxis Inc. STXS NASDAQ Health Care Specialized Medical Devices USD 4.25 253 M 333.7% 79%   35% -32%
Stryker Corp. SYK NYSE Health Care Specialized Medical Devices USD 215.29 81 B 27.9% 23%   2% -19%
Titan Medical TMDI NASDAQ Health Care Specialized Medical Devices USD 2.12 46 M 1.0% 88%   4% -58%
TransEnterix TRXC NYSEMKT Health Care Specialized Medical Devices USD 0.75 163 M -87.1% 97%   1% -91%
Zimmer Biomet Holdings ZBH NYSE Health Care Specialized Medical Devices USD 137.66 28 B 7.0% 24%   2% -26%