How Is Intuitive Surgical Expanding Across Geographies?
Intuitive Surgical’s (NYSE:ISRG) revenue from the U.S. as a percentage of total revenues has decreased in the last 5 years. In this time period, the company has seen more than 200% growth in daVinci Systems installed base internationally, as compared to an 86% growth of its daVinci surgical systems in the U.S. market. Going ahead, we can expect Intuitive’s revenue composition from international markets to further increase. Below we show how Intuitive’s revenue composition from markets outside the U.S. has increased.
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