Surgical robot companies on the stock market

  • "The use of surgical robots has increased significantly, with ample opportunity for further growth. MarketsAndMarkets expects the medical robots market to reach $16.74 billion by 2023.
  • Shares of established companies have generally outperformed, but some developing companies are worth looking at, especially as sector growth is also driving M&A.
  • We review several robotics companies here and would keep TransEnterix on the radar screen. Pro forma for a pending merger, HAIR shares trade at under 1.0x 2019 revenue guidance."
Source: Seeking Alpha

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