World's Most Innovative Companies

Intuitive Surgical

This is the company that manufactures robotic surgical systems also known as ‘da Vinci surgical system’. The system allows surgery to be performed by robotic manipulators and has been installed worldwide. It is controlled by a surgeon from a console. There was a competitor of Intuitive Surgical in 2003 known as the Computer Motion. This system was created by a research institute SRI International in late 1990 and attracted attention of the Defense Advanced Research Projects Agency. In 1994 Dr. Frederic Moll and John Freund established Intuitive Surgical Devices. In its first public offering they received $46 million and the same year the FDA also released. The company’s average sales growth in 5 years is 43.4 percent, the net income growth is 36.4 percent, the enterprise value is $13.4 billion and innovation premium is 57.6 percent.