Preview

Intuitive Surgical

Best Essays
Open Document
Open Document
1347 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Intuitive Surgical
A
Case study on
Intuitive surgical Inc,
Submitted by: Sadikchya Acharya
Kings College
International American University

Strategic Management
Submitted to: Prof Raj Kumar Sharma

Intuitive Surgical Inc
Introduction and background
The huge company was established in 1995, it was one of the first on developing on the mechanical feels mainly at the intuitive surgery. It contains automated machines who work on their won and the specialists supportive with the latest technology of 3D and many of the equipments are used for many of the strategies.
This large company has simultaneously bringing up the new development since its da Vinci surgical system, it consists of more than 1200 frameworks in doctors facilities in all the places. With
…show more content…
and 2 in Europe. The sales and the marketing of the organization are all depended on their sales representatives and their distributors. When it comes to their latest da Vince xi it has one of the best technology and the features are really unique as they were the one first to introduce the model I think they have been keeping themselves as the market leader with their effective products (Surgical Intutive Inc, 2015). But when it comes to the pricing of the product it is quite expensive in comparison with other normal products but looking at the specifications and the growing industry we see surgical equipments as the highly growing market with lots of scope. (Alan, 2014)
In 2000 when intuitive surgical has made their offerings to the market it was again tailored by the nest successful offering in 2003 also coming to the strategy it has acquired company name computer Motion, Inc.. This was its initial and foremost competitor after acquiring it has strengthened its intellectual property holding.
SWOT analysis of Intuitive Surgical
…show more content…
In the long run when the Da Vince system product life cycle will be at either deckling or at maturity they must be sure about looking at another perspective and innovation approach to deal with market with their desirable product. As the patent is going too expired by 2016 they must be sure about extending their product and to introduce other products to the

You May Also Find These Documents Helpful

  • Good Essays

    Health Care Innovation

    • 583 Words
    • 3 Pages

    The healthcare industry is growing and technology is the way it is leading. Just recently the new electronic media has been introduced for the clinics, pharmacies, hospitals and doctor offices to use. What is next well what is next is all the newer technology that will start hitting surgical rooms such as the robotic. Robotic surgery is going to be less invasive for the patient which also means faster recovery time (da Vinci Surgery, 2012). Robotic surgery has been adopted rather quickly since 2007 over 205,000 surgeries have been done. Around the world da Vinci Robotic systems are being installed in hospitals (Barbash, M.D & Giled, Ph. D., 2010). There are quite a few surgeries that are eligible for this new technology of robotic such as prostate cancer, nerve sparing, cystectomy, and urinary, partial nephrectomy for kidney cancer, adrenalectomy for adrenal cancer and for lymph node dissection which is for testicular cancer (Stanford Hospital and Clinics, 2012).…

    • 583 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Marketing Plan DECEMBER 10, 2014 MKT 571 The Product ROBO OP Surgeons Console Patient Side Cart Contains FlexWrist Imaging and Control Center Executive Summary  DTSF Headquartered in Dallas, Texas  Start-up company formed by surgeons and engineers  Product is ROBO OP a robotic system used for minimally      invasive surgery Minimally invasive surgery makes operations easier, faster, less scarring and shorter recovery time Market Leader is Intuitives da Vinci robotic system  Main customer concerns  Too expensive and is unreliable  Poor customer service (maintenance and service) DTSF have designed improvements to the control system, the imaging/vision system and flexibility (FlexWrist) ROBO OP is a quality/reliability improvement DTSF forecast growth to 1% of market in Y3, 3% in Y6 & 8% in Y11 Situation Analysis  Robotic Surgery in existence for many years but full   …

    • 777 Words
    • 8 Pages
    Good Essays
  • Satisfactory Essays

    Smoke Shop Business Plan

    • 437 Words
    • 2 Pages

    We also focus on technology and innovation to perform proper technique and equipment operation. Maintaining 100% honesty between employees, customer and management is critical as a team input will be collected analyzed and put into practice regularly. Weekly team meetings will be held to motivate and forecast growth and annihilate potential difficulties.…

    • 437 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Case Study: Jon Urbana

    • 351 Words
    • 2 Pages

    In 2013, Mr. Urbana became Director of Ellipse USA where he oversees the medical equipment of Ellipse laser technologies. Remaining in touch with all the regional managers, working with the marketing department and assisting in the creation of marketing…

    • 351 Words
    • 2 Pages
    Good Essays
  • Good Essays

    Arthrex

    • 614 Words
    • 3 Pages

    Arthrex is a global medical device company and leader in new product development and medical education in orthopedics. The company was started in 1981 in Munich, Germany by Reinhold Schmieding, and has since moved its headquarters to Naples, Florida. They have locations in the Eastern and Western Hemispheres. Some locations include Germany, Switzerland, Korea, Japan, Denmark, Poland, Florida, California, and Canada to name a few of the countries it distributes its products to worldwide. More than 94% of Arthrex’s products are manufactured in the United States, and exported to more than 100 countries in the world. To go along with their mission of helping surgeons treat patients better and contribute to safe and successful patient outcomes, their corporate location in Naples, Florida serves as an education destination for surgeons from around the world to learn about new products and techniques through hands-on surgical skills training programs. To this day Arthrex holds about 200 patents in orthopedic devices.…

    • 614 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    The system consists of a surgeon console, a computerized control system, three arms that hold tools (such as scalpels, scissors, or electrocautery instruments), and a fiber optic camera. The surgeon is seated at a set of controls and looks through two eye holes at a 3-D image of the procedure, while maneuvering the arms with two foot pedals and two hand controllers. The console uses the surgeon’s hand motions to move to robotic hands inside the patient’s chest cavity. While doing this, the camera gets detailed pictures of the heart and the structures of the heart. This surgical procedure has repaired over 300 mitral valves, and over 150 atrial septic defect closures. It is most commonly used for prostatectomies, cardiac valve repair and gynecologic surgical procedures.…

    • 3268 Words
    • 14 Pages
    Powerful Essays
  • Good Essays

    Surgical Technology

    • 689 Words
    • 3 Pages

    * Accredited surgical technology programs that award a certificate or diploma are generally designed to take anywhere from nine to 15 months. Programs that offer associates degrees usually last two years and there are about 450 programs nationwide, according the the Better Business Bureau…

    • 689 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    Should Becton Dickinson alter their current pricing strategy and enter in agreement with APG and thus shift end-users’ perception from BD being a differentiator to price leader?…

    • 1080 Words
    • 5 Pages
    Powerful Essays
  • Satisfactory Essays

    Harlequin Case Analysis

    • 1058 Words
    • 5 Pages

    Even though the consistent, well defined product, combined with an optimized supply chain and distribution in the series market has provided valuable margins, the stagnant growth in the series market is insufficient to meet company growth objectives. Operating income is currently projected to grow at 3% for next 5 years (see exhibit 2). With the launch of MIRA, Harlequin can add an incremental $10MM in the next year, and $57MM in the next 5 years. This is 16%-19% incremental profit (see exhibit 3).…

    • 1058 Words
    • 5 Pages
    Satisfactory Essays
  • Best Essays

    In today’s time of demand and supply of healthcare needs, organizations must discover or improve services that can meet the needs of patients’ whole at the same time generating revenue as well as achieving high standards for quality of care. One way organizations have done this is by investing in robotic systems to carry out a range of surgeries. In the following presentation I will discuss the topics of: Investing in the MAKO RIO Robotic System, The Utilization of the RIO Robotic System, Stakeholders of an Orthopedic Surgery, Impact to the Stakeholders, Internal and External Factors that Impact the Purchasing of the MAKO RIO Robotic System, Reaction of the Patients About the RIO Robotic System, and the Impact to the Orthopedic Center’s Competitiveness.…

    • 4506 Words
    • 19 Pages
    Best Essays
  • Good Essays

    In order to identify possible issues that are interfering with Meditech’s ability to remain a leader in the endoscopic market, to understand clearly an analysis will be conducted to identify meditech’s problems in the introduction of new products, concerns in manufacturing, and all its products. The analysis will also observe how problems occur both systemically and organizationally, and the reason why the customer service manager pays quick attention to such problems. Furthermore, suggestions will be made in order to improve Meditech’s position and remain relative in the medical industry.…

    • 773 Words
    • 3 Pages
    Good Essays
  • Better Essays

    Robotic Surgery

    • 1152 Words
    • 5 Pages

    Have you ever been in a hospital operating room full of doctors in masks and gowns? If not, take a look at this picture. Wouldn’t you feel better If this number decreases, leaving only one or two doctors maximum? (pic1) Wouldn’t be less stressful and more comfortable if you don’t hear them discussing and talking above your head? Through searching within different topics, today I bring you out a very interesting one. Most probably, many of you haven’t heard about it before: robotic surgery. Today, I would like to inform you about the definition and the types of robotic surgery, their advantages and their disadvantages.…

    • 1152 Words
    • 5 Pages
    Better Essays
  • Good Essays

    In 2001, under price pressure from the government and managed health care organizations, GE Medical Systems (now GE Healthcare) created a unit, Performance Solutions, to sell consulting services packaged with imaging equipment as integrated solutions. These solutions, priced at a premium, were intended to enhance productivity by, for instance, reducing patient backlogs. At the time, lots of companies were making the move from selling products to selling solutions in an attempt to differentiate themselves in increasingly commoditized markets.…

    • 6262 Words
    • 26 Pages
    Good Essays
  • Better Essays

    The Company had set up a manufacturing plant in Vizag where a wide range of orthopedic equipments like the crutches, wheel chairs, heating pads, elastic bandages etc. were manufactured. Presently, the finished goods warehouse was located at Vizag itself and the products were sent to all major towns in India as a point to point dispatch.…

    • 1012 Words
    • 5 Pages
    Better Essays
  • Good Essays

    thattareth enterprices

    • 715 Words
    • 4 Pages

    We take this opportunity to introduce our self as one of the leading suppliers and traders of Generator machines, Tools, Concrete mixture Machine, spares, Tools, needles, pump set, vibrator Etc. for the last one year and are being registered on the approved list of suppliers of many government, semi government, public sectors, and private sectors, construction companies etc.…

    • 715 Words
    • 4 Pages
    Good Essays

Related Topics