$ISRG Intuitive Surgical Inc Deep Dive and 2024 Outlook

Intuitive Surgical Inc. is a corporation specializing in the development, manufacturing, and marketing of robotic products aimed at enhancing clinical outcomes through minimally invasive surgery, notably with the da Vinci Surgical System. Founded in 1995 and headquartered in Sunnyvale, California, the company has a strong focus on advancing minimally invasive care. Intuitive Surgical’s flagship product, the da Vinci Surgical System, is a robotic surgical system used in various procedures like prostatectomies and hysterectomies.

The company's revenue primarily stems from the sales of these surgical systems, along with recurring revenue from disposable instruments, service and maintenance, training, and research and development partnerships. Intuitive Surgical's technology revolves around robotic-assisted surgery, offering precision, control, and seamless interactions for surgeons. The company's products and services cater to a wide range of medical professionals, including surgeons, anesthesiologists, and nurses, aiming to improve surgical outcomes, reduce complications, and shorten hospital stays. With a comprehensive ecosystem of systems, instruments, learning, and services, Intuitive Surgical continues to innovate and expand its reach in the field of robotic-assisted surgery, with a vision to revolutionize patient care through advanced technology and improved surgical practices.