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Basic Information. Its authorized share capital is Rs. It is inolved in Legal, accounting, book-keeping and auditing activities; tax consultancy; market research and public opinion polling; business and management consultancy Intuitive Surgical India Private Limited's Annual General Meeting AGM was last held on 30 September and as per records from Ministry of Corporate Affairs MCAits balance sheet was last filed on 31 March Its Email address is kristen.
Number of Members. Previous Names Login to view previous names. Add to Cart. Graphical report containing historical financial performance.Nearly every industry has one company that stands out as a pioneer and a leader. Since introducing the da Vinci robotic surgical system inIntuitive has set the standard in robot-assisted surgery. Tremendous success can lead to either momentum or inertia. Which path is more likely for Intuitive Surgical in the future?
Here's where I think the company will be in 10 years. Mark Twain is often credited with saying, "History doesn't repeat itself, but it does rhyme. I think it's important to look back at what Intuitive Surgical has accomplished over the past 10 years to get a feel for what the next 10 years might hold. Let's start with Intuitive's business.
That's an impressive growth story that Intuitive achieved primarily in two ways. First, the company demonstrated that robotic surgery provided value to its hospital customers. Sure, there were some bumps in the road as skeptics challenged the value proposition of the da Vinci system. But the numbers show that Intuitive largely overcame the skepticism. Second, Intuitive Surgical innovated in a major way, expanding the types of procedures that could be performed with robotic assistance.
Its procedure volume in totaledwithhysterectomies and 98, prostatectomies. Fast-forward toand Intuitive's da Vinci system was used in 1, procedures. A little over half of those procedures were hysterectomies and prostatectomies. The rest were general surgical and other surgeries. This procedure volume growth has driven Intuitive's recurring revenue much higher.
It's not surprising that the healthcare stock has been a huge winner. Intuitive Surgical's share price has nearly quadrupled over the past 10 years. I think both of these trends that helped Intuitive Surgical achieve tremendous success over the past 10 years will be key to the company's future as well. Intuitive's value proposition and long track record should help it fend off rivals that are aiming to compete against da Vinci.
My view, though, is that the presence of additional companies is more likely to help Intuitive by expanding the overall market. Intuitive continues to innovate today as much and arguably even more than it has in the past. The company's new products should push the boundaries on the types of procedures that can be performed using robotic assistance. This will drive procedure volume growth, which, in turn, will push Intuitive's recurring revenue even higher in the coming years.
One other key way ththe company's recurring revenue is growing is that more customers are opting to lease systems rather than purchase them. Although this shift could weigh on Intuitive's revenue in the short term, it will be a big plus for the company over the long term. There's also a greater dynamic at work that will shape Intuitive Surgical's future in a significant way. The numbers of senior citizens in the U. This demographic trend will increase the demand for the types of procedures that are ideal for robotic surgery.
As I mentioned earlier, though, I think the overall market will grow, benefiting Intuitive Surgical along the way. That's a little higher than Wall Street analysts' consensus earnings growth projections over the next five years, but I think Intuitive will pick up greater momentum in the second half of the next decade thanks to aging trends. The company has a huge cash stockpile. I think it will put that cash to work by buying more small companies that enable it to widen its ecosystem beyond robotic surgery.
There will likely be plenty of changes over the next 10 years that no one can predict. However, I suspect that the Intuitive Surgical of will be similar to the company today in one key aspect: It will still stand out as a pioneer and a leader in robotic surgery.
Mar 1, at AM. Author Bio Keith began writing for the Fool in and focuses primarily on healthcare investing topics. His background includes serving in management and consulting for the healthcare technology, health insurance, medical device, and pharmacy benefits management industries.We hope that through this challenging time, you and your family are staying safe and healthy.
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Share Job Share Job. Patients Patients. Healthcare Professionals. Da Vinci Ion. About Us. Company Careers Press Investors Contact.Intitutive Surgical focuses on robotic assisted surgical systems and surgical robots promoting minimally invasive surgeries.
Bryan Yaya. Colin Morales. Conta Jonathan. Da Vinci Marcus Bremsat. Dan Hanepen. Dave Rosa. David Cooper. Deuce Cruse. Eric Hanes.
Erik Vossen. Huan Phan. Itkowitz Brandon. Jake Luckman. Jason Lamb. Jeffrey Nelson. Jenny Chan. Jim Alecxih. Joe Genovese. John Cuthbertson. Karen Brandao. Ken Krings. Kevan Citta. Kow Tanaka. Landai Ho. Lani Moreno. Laura Bertholf. Lawrence Kerver.The deal with Sobrato enabled Intuitive to rent two big buildings, each totalingsquare feet, at and Central Expressway.
The headquarters, the leased buildings in Santa Clara and the newly purchased Sunnyvale building are all near the Lawrence Caltrain Station in Sunnyvale.
This system combines software, hardware, and optics to enable doctors to operate from a remote console and conduct surgery assisted by robots. Perched on a 3. The was constructed in and is one story in height, commercial property listings state. By George Avalos gavalos bayareanewsgroup. Report an error Policies and Standards Contact Us. More in Real Estate.
Curious just how far your dollar goes in Sunnyvale real estate? From budget apartments to luxury apartments, here's what you can get locally by price point, with photos and amenities. The coronavirus pandemic has not eased the tension between supply and demand in the housing market so far.
The numbers that tell the story of the Bay Area's first month under an historic stay-at-home order are superlative-defying. Google has bought a two-story research and office building at Gibraltar Ct. Post was not sent - check your email addresses! Sorry, your blog cannot share posts by email.Intuitive, maker of the da Vinci surgical system and Ion endoluminal system, was founded with a simple belief: Medical intervention should help people recover as quickly and completely as possible.
We call this Intelligent Surgery. Patients and doctors should review all available information on non-surgical and surgical options and associated risks in order to make an informed decision. For Important Safety Information, including surgical risks, indications, and considerations and contraindications for use, please also refer to www. Product names are trademarks or registered trademarks of Intuitive Surgical or their respective owners.
It's the passion that drives us at Intuitive. Focused on what matters most. Designed to enhance surgeon capabilities. The da Vinci surgical system was one of the first robotic-assisted, minimally invasive surgical systems cleared by the FDA. Today, a family of da Vinci systems and technologies is used by surgeons in all 50 U.
Explore da Vinci Systems. The next era of surgical innovation. For narrow access urologic surgery, the da Vinci SP system enables surgeons to operate through one incision.
Designed to complement the da Vinci X and da Vinci Xi systems, the da Vinci SP provides surgeons with a familiar user experience for single port access.
Discover da Vinci SP. Make an impact with your work. Join Intuitive.If you are a customer, please contact your local Intuitive representative for the latest information. Our headquarters are in Sunnyvale, California, along with manufacturing and our primary training center. We have principle offices in 6 countries, marketing products directly in the U.
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Intuitive headquarters. It houses state-of-the-art manufacturing and advanced research and training facilities, along with sales, marketing and corporate offices.
Intuitive Surgical Inc.
Global Headquarters Intuitive Surgical, Inc. Regional Offices Intuitive Surgical, Inc. Room20th Floor The Center, No. Japan Intuitive Surgical G. India Intuitive Surgical India Pvt. Home Contact. Decline Accept. You are navigating away from this website. If you continue the link will open in a new browser tab. Cancel Continue.