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» This Robotic Surgery Giant Has the Market Cornered
This Robotic Surgery Giant Has the Market Cornered
This Robotic Surgery Giant Has the Market Cornered
Submitted by
admin
on January 2, 2022 - 11:30pm
Source:
Motley Fool
News Tags:
Intuitive Surgical
devices
Medtech
robotic surgery
Headline:
This Robotic Surgery Giant Has the Market Cornered
snippet:
Intuitive Surgical enjoys significant secular tailwinds and a market share of 80%.
The COVID-19-related slowdown in 2020 was made up for in 2021 due to pent-up demand.
Most of its revenue is recurring and the company posts extremely favorable margins due to pricing power.
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