"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."
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