2025-06-10-Jefferies-周四上午10点机器人外科医生关键意见领袖电话会议_数量_利用率和竞争情况_8页_114kb

Equity Research Summary: USA Medical Supplies & Devices

1. KOL Call

• Date/Time: Thursday, June 12th at 10 AM ET
• Topic: Robotic Surgeon discussions with Dr. Avraham Belizon (MD, FACS):
  • Current trends in robotic surgery volumes and utilization.
  • New robot additions in 2025+.
  • Competitive landscape updates.
  • Appetite for third-party instruments.
• Register Here: Link provided.

2. Analysts

• Matthew Taylor, Michael Sarcone, Young Li, Michael Toomey, Matthew Aspro (all CFA or Equity Experts)

3. Company Valuations/Ratings (June 10, 2025)

Key Risks & Upsides

Intuitive Surgical (ISRG)

• Upside: Higher robotic procedure recovery, strong product launches, macro improvement.
• Downside: Slower procedures, macro pressures, product delays, intense competition.

CONMED (CNMD)

• Upside: Competition, patient outcomes from robotic/laparoscopic surgeries.
• Downside: Market slowdown, macro headwinds, product delays.

Medtronic (MDT)

• Upside: Growth in Diabetes, Renal Denervation, AF, & Robotic Surgery; FX/Inflation relief.
• Downside: Regulatory delays, increased competition, FX & inflation.

4. Other

• Relevant Tickers: ISRG, MDT, JNJ, CNMD
• Events: Hold “KOL Call” on June 12; previously listed dates/analysts have varying ratings/updates.

Note: This summary omits disclosures (Pages 2-8), detailed analyst certifications, and specific risk factors regarding each company.