Surgical robotics have been transforming the field of medicine, enhancing precision and minimizing risks associated with complex surgeries. Investors seeking opportunities in the growing market of surgical robotics have a range of options to consider. In this article, we will explore eight surgical robotics stocks that are expected to perform well in the market by 2024.
1. Intuitive Surgical Inc. (ISRG): As a pioneer in robotic-assisted surgery, Intuitive Surgical’s da Vinci Surgical System has become a staple in operating rooms worldwide. With a strong track record of innovation and a robust product pipeline, Intuitive Surgical is well-positioned for continued growth in the surgical robotics market.
2. Medtronic Plc. (MDT): Medtronic, a leader in medical technology, offers a range of surgical robotics solutions, including its Mazor Robotics platform. With a focus on improving patient outcomes and reducing healthcare costs, Medtronic is poised to benefit from the increasing adoption of robotic-assisted procedures.
3. TransEnterix Inc. (TRXC): TransEnterix’s Senhance Surgical System offers surgeons innovative tools for minimally invasive surgery. With a growing customer base and a commitment to advancing surgical robotics technology, TransEnterix is a promising player in the market.
4. Zimmer Biomet Holdings Inc. (ZBH): Zimmer Biomet’s ROSA Surgical Robotics System combines robotics and navigation technology to assist surgeons in various procedures. The company’s focus on orthopedic surgery and joint replacements positions it well for future growth.
5. Stryker Corporation (SYK): Stryker’s Mako Robotic-Arm Assisted Surgery System is widely used in orthopedic and spine surgeries. With a strong global presence and a reputation for quality and innovation, Stryker is expected to continue its success in the surgical robotics market.
6. Johnson & Johnson (JNJ): Through its subsidiary, Verb Surgical Inc., Johnson & Johnson is developing robotic-assisted surgery technologies aimed at improving patient outcomes and surgical efficiency. With a diverse portfolio and a commitment to innovation, Johnson & Johnson is a key player to watch in the surgical robotics industry.
7. Smith & Nephew plc (SNN): Smith & Nephew’s NAVIO Surgical System offers robotic assistance in orthopedic procedures, providing precision and control to surgeons. The company’s focus on enhancing surgical techniques and patient outcomes makes it a strong contender in the surgical robotics market.
8. Titan Medical Inc. (TMDI): Titan Medical’s SPORT Surgical System is designed to enable single-port robotic surgery across multiple disciplines. With a growing presence in the robotic-assisted surgery market and ongoing advancements in technology, Titan Medical shows great potential for future growth.
In conclusion, the surgical robotics market is expanding rapidly, driven by technological advancements and the increasing demand for minimally invasive surgical procedures. Investors looking to capitalize on this trend may consider the aforementioned stocks, each with its own unique offerings and growth potential in the evolving field of surgical robotics. As always, thorough research and careful consideration of market trends are essential when making investment decisions in this dynamic industry.
