Here are five things to know:
1. In 2018, Medtronic acquired Mazor robotics and its spine robot in a $1.7 billion deal.
2. In 2019 the Mazor X Stealth edition was launched. The first cases using the technology were completed Louisville, Ky.-based Norton Healthcare and Reston (Va.) Hospital Center.
3. Medtronic co-developed the Mazor X Stealth edition. It used Medtronic’s Stealth software with Mazor’s robotics platform.
4. The Mazor X robot costs about $550,000 to $850,000 and has a disposable supply cost of about $1,500 per case, according to the Journal of the AAOS.
5. Medtronic’s robot and other enabling technologies remain a key factor in the company’s financial success. Its spine business has grown 7% year over year in the first quarter of fiscal year 2025, and robotics and enabling technology is driving that, according to CEO Geoff Martha.
