Profile: Intuitive Surgical Inc (ISRG.OQ)
20 Jan 2017
Intuitive Surgical, Inc. (Intuitive), incorporated on November 9, 1995, designs, manufactures and markets da Vinci Surgical Systems, and related instruments and accessories. The Company's da Vinci Surgical System consists of a surgeon's console, a patient-side cart and a vision system. The da Vinci Surgical System translates a surgeon's hand movements, which are performed on instrument controls at a console, into corresponding micro-movements of instruments positioned inside the patient through small incisions or ports. The da Vinci Surgical System provides its operating surgeons with control, range of motion, tissue manipulation solution and three-dimensional (3-D), high-definition (HD) vision. It allows surgeons to work through the small ports enabled by minimally invasive surgery (MIS) procedures. Its da Vinci Surgery utilizes computational, robotic and imaging technologies.
The Company focuses on five surgical specialties: gynecologic surgery, urologic surgery, general surgery, cardiothoracic surgery, and head and neck surgery. The Company's systems provide immersive 3-D Visualization, Precise and Tremor-Free Endoscope Control, Intuitive Instrument Movements, EndoWrist Instruments, Scaled, Tremor Filtered Instrument Movement, Surgeon Ergonomics, Multi-Specialty Surgical Platform and Training Tools.
da Vinci Surgical System
The Company has four generations of da Vinci Surgical System: the da Vinci Xi Surgical System, the da Vinci Si Surgical System, the da Vinci S Surgical System and the standard da Vinci Surgical System. da Vinci Surgical Systems consists of Surgeon's Console, Patient-Side Cart, 3-D Vision System, da Vinci Skills Simulator, Firefly Fluorescence Imaging and Standard da Vinci System.
The da Vinci Surgical System allows surgeons to operate while seated at an ergonomic console viewing a 3-D image of the surgical field. The Company's patient-side cart holds electromechanical arms that manipulate the instruments inside the patient. The Company's vision system includes its InSite 3-D endoscope with over two separate vision channels linked to approximately two separate color monitors through video cameras and specialized image processing hardware. The Skills Simulator is a practice tool that gives a user the opportunity to practice his or her facility with the surgeon console controls. The Skills Simulator incorporates 3-D, physics-based computer simulation technology to immerse the user within a virtual environment. Firefly is a feature of the da Vinci Xi Surgical System and available on the Company's da Vinci Si Surgical System.
Instruments and Accessories
The Company's instruments and accessories include EndoWrist Instruments, da Vinci Single-Site, EndoWrist One Vessel Sealer, EndoWrist Stapler 45 Instrument and Accessory Products. It manufactures a range of instruments, which incorporate wrist joints for natural dexterity, with tips customized for various surgical procedures. At their tips, the various EndoWrist instruments include forceps, scissors, electrocautery, scalpels, and other surgical tools that are familiar to the surgeon from open surgery and conventional MIS. The Company's da Vinci Single-Site is a set of non-wristed instruments (except for wristed needle driver) and accessories that allow Surgical Systems to work through a single incision, typically in the umbilicus, rather than multiple incisions.
The EndoWrist Stapler 45 is a wristed, stapling instrument intended for resection, transection and/or creation of anastomoses in general, gynecologic and urologic surgery. This instrument enables operators to position and fire the stapler. The Company sells various accessory products, which are used in conjunction with the da Vinci Surgical System as surgical procedures are performed. Accessory products include sterile drapes used to ensure a sterile field during surgery, vision products, such as replacement 3-D stereo endoscopes, camera heads, light guides and other items that facilitate use of the system.
The Company competes with Ethicon Endo-Surgery, Inc., Auris Surgical Robotics, Inc., Cambridge Medical Robotics Ltd, IMRIS Inc., Johnson & Johnson, Google Inc., Verb Surgical Inc., MedRobotics Corp., meerecompany Inc., Medtronic PLC, Olympus Corp., Samsung Corporation, TransEnterix Inc., and Titan Medical Inc.
Intuitive Surgical Inc
1020 Kifer Rd
SUNNYVALE CA 94086-5301
Company Web Links
- BRIEF-Intuitive Aerial gets order and signs supplier contract with BBC
- Intuitive Surgical profit jumps; maintains growth forecast
- UPDATE 2-Intuitive Surgical profit jumps; maintains growth forecast
- Intuitive Surgical third-quarter profit jumps
- BRIEF-Intuitive Surgical Q3 GAAP earnings per share $5.31