Titan Medical Inc (TMDIF)

[Element41]

At OR Nurse, any OR nurse would know that Karl Storz is the world leader in the manual M.I.S. endoscopy space. They would be the natural fit among the leading manufacturers if they wanted to maintain market dominance for the transition away from manual M.I.S. and into robotics. They are also privileged in that they witness the results of SPORT first, by being on the board of the Institute of Image-Guided Surgery at the Institut Hospitalo-Universitaire de Strasbourg, France (IHU Strasbourg). One of the founding members is the CEO of Karl Storz.
So why then have none of the major manufacturers positioned themselves into robotics. IMO, they have been blindsighted by fighting amongst themselves to gain market share in this very lucrative manual sector, not only from sales, but service & repair contracts. Until robotics impacts the revenues of the sector as a whole, Olympus, Storz, R.Wolf & Stryker will just continue to operate in the bubble of diminishing returns.
Conmed however could make a clever move to roll the dice and become the dominant player in the single port robotics sector. Olympus & Storz are the leaders in urology & gyn., so THE company with single port patents and technology will be a target.