Comparing the current results to its competitors, Intuitive Surgical Inc reported Revenue increase in the 2 quarter 2026 by 29.27 % year on year. The sales growth was above Intuitive Surgical Inc 's competitors' average revenue growth of 9.45 %, achieved in the same quarter.
Intuitive Surgical Inc Net Income in the 2 quarter 2026 grew year on year by 23.94%, faster than the Intuitive Surgical Inc 's competitors average income growth of 19.12 %
Intuitive Surgical Inc 's Comment on Competition and Industry Peers
The company operates in a competitive environment that includes firms developing new approaches and minimally invasive surgery (MIS) products, as well as those validating the MIS and robotic-assisted surgery or bronchoscopy markets. As it expands its portfolio of robotically controlled products competing with traditional open surgery and conventional MIS, the company faces increased competition from larger, established companies such as Johnson & Johnson and Medtronic plc. Additional competition arises from companies offering products for open or MIS surgeries, including laparoscopy and alternative multi-port, single-port, or endoluminal systems, along with providers of other therapeutic and diagnostic solutions. Companies that have introduced or plan to enter the robotic-assisted medical procedures market include Beijing Surgerii Robotics Company Limited, CMR Surgical Ltd., Distalmotion SA, Harbin Sizhe Rui Intelligent Medical Equipment Co., Ltd., Johnson & Johnson, Karl Storz SE & Co. KG, Medicaroid Corporation, and Innovations International, Inc. The company anticipates increasing competition within China for robotic-assisted systems, which may affect its revenues due to pricing pressures and competitors’ product effectiveness or cost advantages. Ongoing research in medical robotics by various companies and institutions may further influence the competitive landscape.
Medtronic Plc operates a global business model centered on the development and distribution of advanced medical technologies across four key segments: Cardiac and Vascular, Minimally Invasive Therapies, Restorative Therapies, and Diabetes. The company emphasizes innovation and collaboration with healthcare providers to enhance patient outcomes and drive efficiency within healthcare systems.
Vicarious Surgical Inc utilizes a business model that combines robotics and virtual reality to revolutionize surgical procedures. Their technology allows surgeons to perform minimally invasive surgeries with precision and control using robotic arms guided by a virtual reality interface. By offering an innovative solution to traditional surgical methods, Vicarious Surgical aims to enhance patient outcomes while minimizing the invasiveness and risks associated with traditional procedures.
Procept Biorobotics Corporation follows a business model focused on developing medical robotics solutions for urology procedures. Their flagship product, the AquaBeam System, utilizes waterjet technology to perform minimally invasive surgeries for patients with benign prostatic hyperplasia. The company aims to improve patient outcomes and reduce healthcare costs by providing an innovative and efficient alternative to traditional surgical methods.
OSI Systems Inc is a diversified company engaged in providing security solutions, healthcare systems, and optoelectronic technologies. They generate revenue by offering services and products such as screening and inspection systems, patient monitoring systems, and fiber optic sensors. The company's business model centers around delivering innovative and reliable solutions to various sectors, ensuring safety, efficiency, and enhanced capabilities.
Sources:
Intuitive Surgical Inc’s official press releases and regulatory filings; CSIMarket.com’s market research; and the financial filings and press releases of other companies cited in this report.
Updated on:
Focus of this report: publicly traded companies.
For your research, we’ve provided 10 tables on Intuitive Surgical Inc versus competitors, including market share analysis.
You can find them in the navigation menu under Competition.
To download the tables, please subscribe.
Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com
Disclaimer: Information provided by CSIMarket.com is for informational purposes only and does not constitute investment advice, recommendation, or solicitation to buy or sell any security.
