Even after the tech-craze and bubble of the '90s, technological leaps still change our lives drastically and offer the most compelling cases for amazing profits. <\/p>\n
After researching stocks for my recent series on the \"Graying of America,\" I was well aware of the demographic forces behind the health care industry. <\/p>\n
The numbers forecast for the health care industry over the next decade are staggering. Total U.S. health care spending is projected to reach $4.8 trillion in 2021, 84% higher than current spending. More than 10,000 baby boomers turn 65 each day, and life expectancy has reached 79 years. These drivers are going to create a lot of opportunities in the sector, and technology is just beginning to play a part. <\/p>\n
That is why I am so excited about one company in particular -- one I like to call the cyborg of the operating room. <\/p>\n
Da Vinci Meets 'The Terminator' Long recovery times and hospital stays associated with major surgery are a big contributor to the high cost of health care. The average hospital stay after invasive surgery is up to seven days, with the average cost per day approaching $4,000 in many states. <\/p>\n
And the recovery time after hospitalization can take weeks because the only way to do many of these operations is to open up the patient, which leaves the patient at risk of infection and other complications. <\/p>\n
That is, until this company invented a revolutionary new machine, one that combines the art of a surgeon's scalpel with 21st-century robotics. <\/p>\n
Enter Intuitive Surgical (Nasdaq: ISRG) and Da Vinci, a robotic arm that allows surgeons to operate with just a single incision less than an inch in size. <\/p>\n
Surgeons no longer need to remove organs to perform an operation, so recovery time is shortened, sometimes to as little as one day. Research has also shown that surgeries using Da Vinci have a lower risk of complications and lower incidence of infection. <\/p>\n
There were 2.6 million procedures done last year that could have used the Da Vinci technology, but only 450,000 were done using the apparatus. That amounts to 17% penetration of a market with some strong demographic growth drivers ahead. <\/p>\n
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Get 25% Upside With This 'Cyborg In The Operating Room'<\/a><\/p>\n","protected":false},"excerpt":{"rendered":" Even after the tech-craze and bubble of the '90s, technological leaps still change our lives drastically and offer the most compelling cases for amazing profits. Continue reading