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Intuitive Surgical Sees Procedure Volume Surge; Drug Competition Threatens Bariatric Business

 
• By Barnaby Pickering

The robotic surgery giant reported rapid procedure growth across all surgical division except bariatrics, worrying some investors.

Stages of Growth
• Source: Shutterstock

Intuitive Surgical enjoyed a 22% surge in procedure volume in the second quarter, driving revenue up 15% year over year to $1.76bn with profits of $420.8m.

During the company’s presentation on 20 July, Intuitive Surgical CEO Gary Guthart said that most of the procedure growth in the quarter came from general surgery and gynecology for benign...

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Looking Back Towards The Future

 
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More from Surgery

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