MDT · News · 20261101N

Competition and Market Position

Medtronic plc · 2026-11-01 · Importance 10 · Surprise 6

A report on Intuitive Surgical’s da Vinci business identified Medtronic and Johnson & Johnson as increasing competitors in robotic surgery. It noted that Intuitive’s recurring revenue from instruments, accessories, and services is tied to its installed base, while robotic procedure growth could support further market expansion. The article did not quantify Medtronic’s market share or describe a specific Medtronic product or customer win.

Key facts

• Investors were described as seemingly concerned about increasing competition from Medtronic and Johnson & Johnson. source