Top 3 global surgical robotics companies for the spine market

MIS

According to Market Research Trade, these are the top three companies in the spine market's global surgical robots sector.

1. Mazor Robotics: The medical device company reported full-year 2017 revenue of $64.9 million, including its investment in Medtronic for Mazor X systems. Mazor has now invested around $72 million in Medtronic and has taken over marketing efforts for the product; the companies will develop future projects

together. In 2017, Mazor received purchase orders for 73 robotic systems, 64 of which were Mazor X systems for Medtronic. Over the past 18 months, Medtronic has invested in Mazor and Mazor X technology.

 

2. Intuitive Surgical: Intuitive Surgical developed the da Vinci Surgical System, it was the first robotic surgical system on the market. In 2017, Intuitive Surgical reported the da Vinci system was used in more than 650,000 procedures. Additionally, the company installed 3,597 systems at hospitals around the world last

year. Intuitive Surgical saw $3.12 billion in full-year 2017 revenues. Its instruments and accessories brought in 52.3 percent of the revenue followed by systems, 29.1 percent, and services, 18.6 percent.

 

3. Medtech SA: Founded in 2002, Medtech is focused on designing and developing innovative robotic systems to assist surgeons. In 2007, the company developed Rosa, an innovative device devoted to improving neurosurgery. The company has since, expanded Rosa to include spine surgery. Zimmer Biomet

acquired Medtech SA in July 2016.

 

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