The Pearl of the Robot Crown: Medical Robot

Medical robots are a type of service robot. Medical robots are robots used in hospitals or clinics for medical or auxiliary medicine. They are mainly used for surgery, rescue, transportation and rehabilitation of the wounded and sick. They are intelligent service robots. Depending on the application, medical robots can be roughly divided into rescue robots, surgical robots, transfer robots, and rehabilitation robots. Baymax, a private health consultant for the movie "Super Marines", is one of the medical health service robots.

Intuition surgery company, Rewalk leads the development of the global medical robot industry. As the most advanced field of service robots, medical robots have high technical barriers and qualification barriers. The operating robots typical of American Intuition Surgery Company account for more than 50% of the global market share. The company's market value is close to 20 billion US dollars. The exoskeleton system designed and manufactured by Israeli manufacturer ReWalk was certified by the US Food and Drug Administration in 2014.

The domestic medical robot market has just emerged. The domestic surgical robot stocks only 30 sets, and the surgical robots mainly import Da Vinci robots of the intuition surgery company, and the rehabilitation robots are in the nascent stage, and the development prospect is optimistic.

Domestic medical robot products are in the early stages of research and development or clinical trials. The development of medical robots in China is mainly concentrated in university research institutes, focusing on the “863” program funded by Harbin Institute of Technology, “Minimally Invasive Abdominal Surgery Robot System”, and the University of Defense Technology Exoskeleton Robot and Brain Control Robot, Dima The development of exoskeleton robots.

We mainly recommend Chutian Technology, Bosch shares, robots, and pay attention to Dima shares:

1. Chutian Technology: Maintain Buy rating, investment highlights include: (1) equity incentives; (2) medical robot concepts and acquisition expectations; (3) layout of medical equipment, high-end food and cosmetics machinery, high-end medical equipment.

2. Bosch Shares: Maintain a cautious Buy rating. Recently announced that it plans to invest 100 million yuan to set up a medical equipment company, and plans to invest in the "minimally invasive surgical robot and smart device project" through the medical equipment company in the first phase, the company has also reserved sufficient project resources in this field.

3. Robot: Maintain Buy rating. The company is a domestic robot leading enterprise. The orthopedic traction robot developed by the company is the first product in the field of orthopedic medical treatment. It is currently applying for medical device products, medical device production license and medical device quality management system certification.

4. Dima shares: The company and Chengdu University of Electronic Science and Technology signed the "Industry-University-Research Cooperation Agreement" on April 1, 2015. The two sides jointly carried out technical research, product development and transformation of results in the technical fields of exoskeleton technology, vehicle defense system aircraft (including drones), measurement and control communication, navigation, command and control technology, space communication information technology and equipment.

risk warning

1. The systematic valuation risk of the equity market;

2. Medical robot industrialization progress is lower than expected

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