In 2015, the global market size of service robots reported USD8.49 billion, surging by 42.2% on a year-on-year basis, and it is expected during 2016-2020 to show an annual average growth rate of 16.5%, which will be mainly driven by: (1) ...
Tags: service robots, report
This year is proving to be a pretty good year for many medtech companies. The majority of the largest 40 have seen their stock prices rise by double-digit percentages in 2014, according to a Qmed analysis. Meanwhile, only eight have seen ...
Tags: Medtech Companies, Medical device
The medtech jobs picture looked rosy in 2013, with the top 15 device makers in hiring mode, according to an EP Vantage report out this week. Excluding pharmaceutical spinoffs, these companies expanded their collective workforce by 6%, the ...
Tags: Medtech Jobs, Health, Medicine
Robotic-assisted surgery device maker Intuitive Surgical has announced an acceleration of its $1 billion share buyback program from Goldman, Sachs & Co. in an effort to prop up its dwindling stock price. The embattled Sunnyvale, ...
Intuitive Surgical stock fell 11.5% in value on Wednesday after a disappointing quarterly earnings report and the FDA raising cancer concerns over how robotic hysterectomies are performed. The Sunnyvale, CA–based maker of da Vinci ...
The arms of Intuitive Surgical's da Vinci Xi Surgical System, as shown on its website. Few, it seems these days, are happy with Intuitive Surgical. Following on the heels of the debut of its latest Da Vinci Xi robotic surgery offering, ...
This is a guest post. The views expressed here are solely those of the author and do not represent positions of IEEE Spectrum or the IEEE. Two years ago, New York Times columnist Paul Krugman wrote a much-discussed piece on the ...
Tags: Robotics Industry, Robot
This is a guest post. The views expressed here are solely those of the author and do not represent positions of IEEE Spectrum or the IEEE. The recent robot-related news from Apple, Amazon, and Google shows serious momentum for the ...
The largest medical device companies have had a good run on the stock markets this year, with many clocking in double-digit percentage growth in stock prices over the past 12 months. There are always exceptions to the rule, however. Here ...
Tags: Medical Device, Medical Device Firms, Worst Performing Firms
FDA regulators have released a report on Intuitive Surgical’s da Vinci system, which was based on responses from 11 surgeons who had used the system. The report covers complications, patient recovery times, training concerns, and ...
Tags: FDA Survey, Medicine
Luna Innovations, a developer of new-generation products for the healthcare market, has entered into a multi-year distribution and supply agreement with Intuitive Surgical. The supply agreement, which has been amended, provides for ...
Tags: Intuitive Surgical, Medicine
The US Food and Drug Administration (FDA) is evaluating the safety of Intuitive Surgical's robotic surgical devices. Currently, the agency is studying a small group of surgeons who use the surgical device, which is used in over 2,000 ...
Global demand for robots is forecast to increase nearly 11% per year through 2016 to $20.2 billion, outpacing both the world’s economy and overall manufacturing activity. The United States is projected to grow at more than 15% per ...
Tags: Processing Machinery, robots
Sonoma Orthopedic Products, a developer of minimally invasive fracture management products, has named Rick Epstein as the company's new president and chief executive officer (CEO). Previously, Epstein served at Ellman International as CEO ...
Tags: Sonoma Orthopedic, Rick Epstein, CEO
Intuitive Surgical has agreed to pay $20m to acquire an extended license to certain patents in Hansen Medical's patent portfolio. Under the terms of the agreement, Intuitive's existing co-exclusive rights to Hansen's patent portfolio to ...
Tags: Intuitive Surgical, Hansen's patent portfolio, clinical application