The value of fast-growing, robot-assisted surgery not lost on investors
By Tom Green
April 17, 2012
A quick look at the numbers of surgeries performed annually in the US, especially who the patients are—most notably their age—is enough to hint at why investors are more than a little overjoyed with their new-found wonder stocks: Intuitive Surgical and MAKO Surgical, both with skyrocketing share values with seemingly no end in sight.
There’s a world of growth in robot-assisted surgery ahead and investors are taking it for a ride. Overlooked by many is the fact that Intuitive has penetrated overseas sales very little while MAKO has zero penetration, which is all about to change in a hurry if robot-assisted surgery even loosely follows the U.S. model.
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