Intuitive Surgical is set to report its Q1 2016 earnings on April 19th, 2016. The company’s stock price hit an all time high this month, as investors took note of the company’s strong growth prospects. However, Intuitive likely experienced a sluggish Q1, as patient deductibles are reset this time of the year, which affects the growth in the number of procedures performed by daVinci Systems deployed in the field. Despite a decline in the revenues in 2014, due to negative reports surrounding robotic surgeries, the company’s growth was back on track in 2015, driven by: 1) the strong adoption of daVinci Xi Systems in the U.S.; 2) growth in the use of daVinci Systems outside the U.S.; and, 3) an increased adoption of daVinci Systems in general surgeries beyond its standard usage in cardiac and gynecologic surgical applications. We believe that robotic surgery is in its infancy and there remains ample growth opportunity for Intuitive going ahead, as it expands the range of procedures offered through the daVinci systems and grows its reach to other regions internationally.

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