{
  "report_id": "theme_robotics_node_surgical_robotics_procedure_platforms",
  "report_type": "theme_value_chain_node",
  "site_path": "themes/robotics/nodes/surgical-robotics-and-procedure-platforms/index.html",
  "title": "Surgical Robotics And Procedure Platforms",
  "as_of": "2026-06-13",
  "generated_at": "2026-06-13T13:15:00-07:00",
  "freshness": {
    "price_data_as_of": "2026-06-12",
    "daily_ohlc_latest": "2026-06-12",
    "daily_ohlc_first": "2021-05-12",
    "daily_ohlc_rows_per_ticker": 1278,
    "lineage_source_freshness": "2026-05-08",
    "chart_interval": "weekly",
    "knowledge_reviewed_as_of": "2026-06-13",
    "local_discovery_reviewed_as_of": "2026-06-13",
    "static_setup_price_data_as_of": "2026-05-29",
    "external_earnings_checked_as_of": "2026-06-13",
    "limitations": [
      "Selected-security right-rail charts call the local report API with as_of=latest and local daily_ohlc rows through 2026-06-12.",
      "Static setup labels and threshold fields in chart_artifacts still come from the 2026-05-29 package; refresh weekly OHLC, EMAs, confirmation triggers, and invalidation levels before using them as current trading evidence.",
      "Lineage-status output showed provider source_freshness of 2026-05-08 while local daily_ohlc rows extended through 2026-06-12; refresh lineage and table coverage together before the next setup update.",
      "This page is a tactical report layer and should not be treated as durable company research storage.",
      "ZBH and MDT next earnings dates were not confirmed in the bounded web check; StockAnalysis showed past dates for both."
    ]
  },
  "revision": {
    "version": 2,
    "updated_label": "Node reformatted to visual setup, basket cards, evidence board, and right-rail chart routing",
    "metadata_path": "themes/robotics/nodes/surgical-robotics-and-procedure-platforms/report.json"
  },
  "node": {
    "slug": "surgical-robotics-and-procedure-platforms",
    "order": 1,
    "level": "L3 core procedure-platform node",
    "role": "Tests whether surgical robotics adoption becomes procedure volume, installed-base utilization, instruments and accessories, service revenue, margin, free cash flow, and guidance.",
    "description": "Surgical Robotics And Procedure Platforms covers public medtech routes where robotics is tied to hospital procedure workflows, systems, leases, service, instruments, implants, navigation, and reimbursement."
  },
  "ticker_baskets": {
    "core": [
      "ISRG",
      "SYK"
    ],
    "option": [],
    "watch": [
      "ZBH",
      "MDT"
    ]
  },
  "ranked_basket": [
    {
      "rank": 1,
      "ticker": "ISRG",
      "classification": "core",
      "reason": "Purest installed-base procedure robotics platform.",
      "market_cap": "$145.58B",
      "next_earnings": "Jul 21, 2026 est.",
      "latest_quarter_revenue": "$2.7708B",
      "latest_quarter_period": "Q1 2026 quarter ended 2026-03-31",
      "latest_quarter_revenue_source": "Intuitive first-quarter earnings release dated 2026-04-21"
    },
    {
      "rank": 2,
      "ticker": "SYK",
      "classification": "core",
      "reason": "Direct orthopedic robotics route through Mako and enabling technology.",
      "market_cap": "$119.69B",
      "next_earnings": "Jul 30, 2026 est.",
      "latest_quarter_revenue": "$6.020B",
      "latest_quarter_period": "Q1 2026 quarter ended 2026-03-31",
      "latest_quarter_revenue_source": "Stryker first-quarter operating results release dated 2026-04-30"
    },
    {
      "rank": 3,
      "ticker": "ZBH",
      "classification": "watch",
      "reason": "Direct orthopedic robotics exposure with weaker execution proof.",
      "market_cap": "$17.13B",
      "next_earnings": "Not confirmed",
      "latest_quarter_revenue": "$2.087B",
      "latest_quarter_period": "Q1 2026 quarter ended 2026-03-31",
      "latest_quarter_revenue_source": "ZBH knowledge lane routing to Q1 2026 release and 10-Q"
    },
    {
      "rank": 4,
      "ticker": "MDT",
      "classification": "watch",
      "reason": "Hugo optionality inside a diversified medtech reset.",
      "market_cap": "$102.97B",
      "next_earnings": "Not confirmed",
      "latest_quarter_revenue": "$9.81B",
      "latest_quarter_period": "Fiscal Q4 2026 quarter ended 2026-04-24",
      "latest_quarter_revenue_source": "Medtronic fiscal fourth-quarter and full-year 2026 release dated 2026-06-03"
    }
  ],
  "demand_origin_refs": [
    "ISRG",
    "SYK",
    "ZBH",
    "MDT"
  ],
  "chart_artifacts": [
    {
      "chart_id": "chart-isrg",
      "ticker": "ISRG",
      "source_table": "daily_ohlc",
      "chart_interval": "weekly",
      "aggregation": "weekly bars grouped from daily rows by calendar week ending Friday; open is first row, high is weekly max, low is weekly min, close is final row, volume is summed",
      "indicators": [
        "20w_ema",
        "100w_ema",
        "weekly_volume",
        "20w_average_volume"
      ],
      "indicator_method": "20-week and 100-week exponential moving averages computed from weekly closes using full available weekly history before visible-window clipping; weekly volume bars shown with a 20-week average volume line",
      "price_data_as_of": "2026-05-29",
      "visible_years": 3,
      "visible_start_date": "2023-06-02",
      "visible_end_date": "2026-05-29",
      "row_count_weekly": 264,
      "row_count_daily": 1268,
      "latest_close": 424.64,
      "ema20": 470.09,
      "ema100": 477.92,
      "avg_vol20": 10036400,
      "relative_volume": 1.04,
      "trigger": "Weekly close above the 100W EMA at $477.92.",
      "invalidation": "Weekly close below $414.30.",
      "rendering": "report_api_right_rail",
      "api_route": "/api/securities/ISRG/chart?frequency=weekly&window=3y&as_of=latest",
      "static_setup_stale": true,
      "fallback_table": false
    },
    {
      "chart_id": "chart-syk",
      "ticker": "SYK",
      "source_table": "daily_ohlc",
      "chart_interval": "weekly",
      "aggregation": "weekly bars grouped from daily rows by calendar week ending Friday; open is first row, high is weekly max, low is weekly min, close is final row, volume is summed",
      "indicators": [
        "20w_ema",
        "100w_ema",
        "weekly_volume",
        "20w_average_volume"
      ],
      "indicator_method": "20-week and 100-week exponential moving averages computed from weekly closes using full available weekly history before visible-window clipping; weekly volume bars shown with a 20-week average volume line",
      "price_data_as_of": "2026-05-29",
      "visible_years": 3,
      "visible_start_date": "2023-06-02",
      "visible_end_date": "2026-05-29",
      "row_count_weekly": 264,
      "row_count_daily": 1268,
      "latest_close": 305.09,
      "ema20": 332.01,
      "ema100": 349.97,
      "avg_vol20": 11103468,
      "relative_volume": 1.35,
      "trigger": "Weekly close above the 100W EMA at $349.97.",
      "invalidation": "Weekly close below $281.00.",
      "rendering": "report_api_right_rail",
      "api_route": "/api/securities/SYK/chart?frequency=weekly&window=3y&as_of=latest",
      "static_setup_stale": true,
      "fallback_table": false
    },
    {
      "chart_id": "chart-zbh",
      "ticker": "ZBH",
      "source_table": "daily_ohlc",
      "chart_interval": "weekly",
      "aggregation": "weekly bars grouped from daily rows by calendar week ending Friday; open is first row, high is weekly max, low is weekly min, close is final row, volume is summed",
      "indicators": [
        "20w_ema",
        "100w_ema",
        "weekly_volume",
        "20w_average_volume"
      ],
      "indicator_method": "20-week and 100-week exponential moving averages computed from weekly closes using full available weekly history before visible-window clipping; weekly volume bars shown with a 20-week average volume line",
      "price_data_as_of": "2026-05-29",
      "visible_years": 3,
      "visible_start_date": "2023-06-02",
      "visible_end_date": "2026-05-29",
      "row_count_weekly": 264,
      "row_count_daily": 1268,
      "latest_close": 82.33,
      "ema20": 89.05,
      "ema100": 99.56,
      "avg_vol20": 11210509,
      "relative_volume": 0.83,
      "trigger": "Weekly close above the 100W EMA at $99.56.",
      "invalidation": "Weekly close below $79.12.",
      "rendering": "report_api_right_rail",
      "api_route": "/api/securities/ZBH/chart?frequency=weekly&window=3y&as_of=latest",
      "static_setup_stale": true,
      "fallback_table": false
    },
    {
      "chart_id": "chart-mdt",
      "ticker": "MDT",
      "source_table": "daily_ohlc",
      "chart_interval": "weekly",
      "aggregation": "weekly bars grouped from daily rows by calendar week ending Friday; open is first row, high is weekly max, low is weekly min, close is final row, volume is summed",
      "indicators": [
        "20w_ema",
        "100w_ema",
        "weekly_volume",
        "20w_average_volume"
      ],
      "indicator_method": "20-week and 100-week exponential moving averages computed from weekly closes using full available weekly history before visible-window clipping; weekly volume bars shown with a 20-week average volume line",
      "price_data_as_of": "2026-05-29",
      "visible_years": 3,
      "visible_start_date": "2023-06-02",
      "visible_end_date": "2026-05-29",
      "row_count_weekly": 264,
      "row_count_daily": 1268,
      "latest_close": 73.81,
      "ema20": 85.74,
      "ema100": 89.63,
      "avg_vol20": 43666372,
      "relative_volume": 1.2,
      "trigger": "Weekly close above the 100W EMA at $89.63.",
      "invalidation": "Weekly close below $73.67.",
      "rendering": "report_api_right_rail",
      "api_route": "/api/securities/MDT/chart?frequency=weekly&window=3y&as_of=latest",
      "static_setup_stale": true,
      "fallback_table": false
    }
  ],
  "selected_security_chart_routing": {
    "api_route_template": "/api/securities/{ticker}/chart?frequency=weekly&window=3y&as_of=latest",
    "source_table": "daily_ohlc",
    "price_data_as_of": "2026-06-12",
    "visible_years": 3,
    "weekly_aggregation": "calendar-week bars derived from daily_ohlc; open is first daily open, high is weekly max, low is weekly min, close is last daily close, volume is summed",
    "indicators": [
      "20w_ema",
      "100w_ema",
      "volume"
    ],
    "chart_order": [
      "ISRG",
      "SYK",
      "ZBH",
      "MDT"
    ],
    "stale_setup_caveat": "Static setup thresholds in chart_artifacts were generated from daily_ohlc through 2026-05-29 and should be recomputed before use as current trading evidence."
  },
  "links_out": [
    "theme_robotics",
    "sector_health_care"
  ],
  "knowledge_sources": [
    "../../../../../knowledge/wiki/lanes/sector/health-care.md",
    "../../../../../knowledge/wiki/concepts/themes/health-care-policy-reimbursement-dispersion.md",
    "../../../../../knowledge/wiki/lanes/security/isrg.md",
    "../../../../../knowledge/wiki/lanes/security/syk.md",
    "../../../../../knowledge/wiki/lanes/security/zbh.md",
    "../../../../../knowledge/wiki/lanes/security/mdt.md",
    "../../../../../knowledge/raw/sources/security_profile__isrg__security_backlog_100_20260607/output.md",
    "../../../../../knowledge/raw/sources/security_research__isrg__security_backlog_100_20260607/output.md",
    "../../../../../knowledge/raw/sources/security_profile__syk__20260513T035127Z_c310265a/output.md",
    "../../../../../knowledge/raw/sources/security_research__syk__20260513T035127Z_c310265a/output.md",
    "../../../../../knowledge/raw/sources/security_profile__zbh__20260503T022438Z_c25eee1d/output.md",
    "../../../../../knowledge/raw/sources/security_research__zbh__20260503T022438Z_c25eee1d/output.md",
    "../../../../../knowledge/raw/sources/security_profile__mdt__research_20260530T_autorun_macro_20/output.md",
    "../../../../../knowledge/raw/sources/security_research__mdt__research_20260530T_autorun_macro_20/output.md"
  ],
  "external_sources": [
    "https://stockanalysis.com/stocks/isrg/",
    "https://stockanalysis.com/stocks/isrg/earnings/",
    "https://stockanalysis.com/stocks/syk/",
    "https://stockanalysis.com/stocks/syk/earnings/",
    "https://stockanalysis.com/stocks/zbh/",
    "https://stockanalysis.com/stocks/zbh/earnings/",
    "https://stockanalysis.com/stocks/mdt/",
    "https://stockanalysis.com/stocks/mdt/earnings/",
    "https://www.globenewswire.com/news-release/2026/04/21/3278489/7637/en/Intuitive-Announces-First-Quarter-Earnings.html",
    "https://investors.stryker.com/press-releases/news-details/2026/Stryker-reports-first-quarter-2026-operating-results/default.aspx",
    "https://news.medtronic.com/2026-06-03-Medtronic-reports-fourth-quarter-and-full-year-fiscal-2026-results-delivers-highest-annual-revenue-growth-in-10-years"
  ],
  "discovery_sources": [
    {
      "kind": "status",
      "label": "ISRG local coverage",
      "query_ref": "discovery:status:ISRG:2026-06-13"
    },
    {
      "kind": "lineage-status",
      "label": "ISRG daily_ohlc lineage",
      "query_ref": "discovery:lineage-status:daily_ohlc:ISRG:2026-06-13"
    },
    {
      "kind": "status",
      "label": "SYK local coverage",
      "query_ref": "discovery:status:SYK:2026-06-13"
    },
    {
      "kind": "lineage-status",
      "label": "SYK daily_ohlc lineage",
      "query_ref": "discovery:lineage-status:daily_ohlc:SYK:2026-06-13"
    },
    {
      "kind": "status",
      "label": "ZBH local coverage",
      "query_ref": "discovery:status:ZBH:2026-06-13"
    },
    {
      "kind": "lineage-status",
      "label": "ZBH daily_ohlc lineage",
      "query_ref": "discovery:lineage-status:daily_ohlc:ZBH:2026-06-13"
    },
    {
      "kind": "status",
      "label": "MDT local coverage",
      "query_ref": "discovery:status:MDT:2026-06-13"
    },
    {
      "kind": "lineage-status",
      "label": "MDT daily_ohlc lineage",
      "query_ref": "discovery:lineage-status:daily_ohlc:MDT:2026-06-13"
    },
    {
      "kind": "duckdb_readonly_query",
      "label": "Surgical Robotics And Procedure Platforms daily_ohlc coverage and current market-cap calculation",
      "query_ref": "discovery:duckdb:daily_ohlc_coverage_and_latest_close_market_cap:ISRG|SYK|ZBH|MDT:2026-06-12"
    }
  ]
}