Intuitive Surgical

Intuitive Surgical

Develops robotic surgical systems and services

About Intuitive Surgical

Simplify's Rating
Why Intuitive Surgical is rated
A-
Rated B on Competitive Edge
Rated A on Growth Potential
Rated A on Rating Differentiation

Industries

Biotechnology

Healthcare

Company Size

10,001+

Company Stage

IPO

Headquarters

Sunnyvale, California

Founded

1995

Overview

Intuitive Surgical specializes in robotic-assisted surgery and minimally invasive care. Their main product is a robotic surgical system that enhances the precision of surgeries, allowing physicians to perform operations with greater accuracy and less physical strain. This system is designed to be used in hospitals and surgical centers, providing healthcare providers with advanced technology to improve patient outcomes. Unlike many competitors, Intuitive focuses not only on selling these robotic systems but also on offering ongoing support through service contracts and the sale of related instruments and accessories. The company's goal is to expand the use of minimally invasive techniques in surgery, ultimately benefiting patients by reducing recovery times and improving surgical results.

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Simplify's Take

What believers are saying

  • Increasing adoption of AI in robotic surgery enhances precision and outcomes.
  • Growing demand for minimally invasive procedures due to faster recovery times.
  • Expansion in emerging markets, especially Asia-Pacific, driven by healthcare investments.

What critics are saying

  • Emerging competition from PROCEPT BioRobotics could impact market share.
  • Legal challenges in India regarding refurbished medical gear imports.
  • Dependency on external partners like FluoGuide for surgical guidance technology.

What makes Intuitive Surgical unique

  • Pioneer in robotic-assisted surgery with advanced technology for precision and fewer constraints.
  • Strong focus on enhancing physician capabilities through innovative surgical systems.
  • Commitment to improving patient outcomes in minimally invasive care.

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Funding

Total Funding

$135.7M

Above

Industry Average

Funded Over

4 Rounds

Post IPO Equity funding comparison data is currently unavailable. We're working to provide this information soon!
Post IPO Equity Funding Comparison
Coming Soon

Benefits

Hybrid Work Options

Growth & Insights and Company News

Headcount

6 month growth

↑ 0%

1 year growth

↑ 3%

2 year growth

↑ 3%
Intuitive Surgical
Feb 13th, 2025
Intuitive Surgical Completes Public Offering | Intuitive Surgical

SUNNYVALE, Calif.--(BUSINESS WIRE)--Nov. 5, 2003--Intuitive Surgical, Inc. (Nasdaq:ISRG) today announced that it has completed its public offering of 5,000,000 shares of common stock at a purchase price of $14.50 per share. The net proceeds to the Company were approximately $67.7 million.

The Economic Times
Sep 26th, 2024
Intuitive Surgical opens GCC in Bengaluru, to hire 250 people

Intuitive Surgical, a global major in robotic-assisted surgery (RAS) technology, announced the opening of its Global Capability Centre (GCC) in Bengaluru on Thursday.

MarketBeat
Aug 14th, 2024
Is PROCEPT BioRobotics the Next Big Thing in Surgical Robotics?

PROCEPT BioRobotics operates in the medical sector and competes with medical robot and device makers like Intuitive Surgical, Medtronic PLC NYSE: MDT, and Zimmer Biomet Holdings NYSE: ZBH.

EIN News
Jun 28th, 2024
Hepato-Pancreatico-Biliary (HPB) Surgical Device Market Size, Share, Revenue, Trends And Drivers For 2024-2033

For instance, Intuitive Surgical Inc. launched SureForm, a robotic-assisted surgical stapler with SmartFire technology, enhancing surgical precision across various tissue types.

Yahoo Finance
Jun 5th, 2024
Intuitive Announces FDA Clearance of Revised da Vinci Xi and X Labeling on Radical Prostatectomy

In a public-private collaboration, Intuitive worked with the FDA, healthcare analytics company Aetion, and the National Evaluation System for health Technology (NEST), utilizing its NEST Mark process to support the validity of the real-world data used in the labeling revision submission.

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Sr. Manager - Regulatory Affairs

$149.6k - $264k/yr

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Senior Clinical Study Manager

Sunnyvale, CA, USA

See All Jobs

Intuitive Surgical is Hiring for 215 Jobs on Simplify!

Find jobs on Simplify and start your career today

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We update Intuitive Surgical's jobs every few hours, so check again soon! Browse all jobs β†’

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