How Can Intuitive Surgical’s Average Installed Base Change In The Next 5 Years?
- We expect Intuitive Surgical’s installed base of da Vinci surgical systems to increase at a CAGR of 9% for the next 5 years.
- During this period, the trade-in of existing da Vinci systems will likely constitute around 39% of the overall da Vinci surgical systems sold.
- Intuitive Surgical allows its customers to trade in their older systems for credit towards the purchase of a newer generation system. As part of a trade-in transaction, the customer receives a new generation system in exchange for its older used system.
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