Intuitive Inks Deals to Sell Robots in Italy, Spain and Portugal

Intuitive Surgical is acquiring businesses that currently distribute its da Vinci and Ion surgical robots in Italy, Spain, Portugal, Malta, and San Marino to establish a direct presence in these countries. The companies being acquired, including Ab Medica, Abex, and Excelencia Robotica, will allow Intuitive to integrate these operations into its existing European network by 2026, providing more direct access to customers and helping the company better understand the unique needs of healthcare providers in these regions. Intuitive already operates in most European countries through direct sales teams, but this acquisition will strengthen its foothold in key European markets, enabling it to provide better support and growth opportunities.

The move comes as Intuitive prepares for the launch of its latest surgical robot, the da Vinci 5, in Europe. While the company faces challenges due to a "stressed" capital market in several European countries, including policy issues in the UK and healthcare system changes in Germany, it has identified strong growth in Italy. With these acquisitions, Intuitive aims to enhance patient access to minimally invasive care and better navigate the complexities of European healthcare systems. However, capital deployment issues across Europe could influence the company’s growth trajectory in the coming year.