Robotic technology is revolutionizing the healthcare industry and transforming how medical procedures are performed. It is no surprise that the global surgical and medical robotics market is expected to reach $14.4 billion by 2026 at a compound annual growth rate of 17.6%.
With the demand for medical robotics rising, there are now a number of companies dedicated to creating and developing state-of-the-art robotic solutions for healthcare professionals worldwide. From well-known tech giants to innovative startups, these companies are on the cutting edge of medical robotics.
They’re also responsible for many of the advancements in the industry. That said, it’s important to stay up-to-date with the biggest players in the field.
In this article, we’ll examine the world’s 10 largest surgical and medical robotics companies and their contributions to the industry. From creating cutting-edge surgical robots to developing new technologies for diagnostics, these companies are pushing the boundaries of healthcare innovation.
#10: Diligent Robotics, Inc. – $4.51 million
Diligent Robotics, Inc. is one of the most prominent robotics companies in the world. It was founded in 2017 and has its headquarters in Austin. The company’s flagship product, Moxi, is the first robot of its kind that can understand and respond to nurses’ requests and hospital workflows.
Moxi’s intuitive user interface enables it to interact with nurses and other healthcare professionals, freeing them to focus on direct patient care. Moxi is designed to provide nurses with the assistance they need when they need it. The robot offers automated supply delivery, medication distribution, specimen collection, and more.
With this technology, nurses can spend more time on direct patient care and less on tedious tasks. Diligent Robotics is pioneering the way for robotic solutions to support healthcare professionals.
With its innovative technology and commitment to patient safety, the company will continue developing cutting-edge solutions that improve patient care. By leveraging its innovative robotic technologies, Diligent Robotics is making healthcare delivery more efficient and helping to ensure that all patients receive the highest quality of care.
#9: Medrobotics Corporation – $7 million
Medrobotics Corporation is a company that specializes in surgical and medical robotics. The company was founded in 2005 and is based in Raynham, Massachusetts, United States. The company’s most successful product is the Flex Robotic System, designed to enable precise and minimally invasive surgery with improved patient safety and outcomes.
The system is designed to accommodate different instruments and can be used in various body areas, including the head, neck, thorax, abdomen, pelvis, and more. It can also perform complex procedures, such as coronary artery bypass grafting, lung resections, and cardiac valve repairs.
Medrobotics’ products are designed to reduce costs associated with long hospital stays and surgical complications. With its cutting-edge technology and revolutionary approach to robotic surgery, Medrobotics is one of the leading companies in the medical robotics industry.
#8: Corindus Vascular Robotics, Inc. – $10.78 million
Rafael Beyar, an interventional cardiologist, and Tal Wenderow, a Technion student, launched Corindus, Inc. in Israel in 2002. The company initially aimed to maneuver coronary guidewires and balloon/stent catheters using remote control and robots. Corindus Vascular Robotics, Inc. was later relocated to Waltham, Massachusetts, and is now headquartered there.
Corindus Vascular Robotics produces the CorPath GRX System, an FDA-cleared robotic-assisted platform for stenting, angioplasty, and other interventional cardiology procedures. The system provides an integrated solution with complete end-to-end procedural automation, allowing physicians to perform complex stent placements with precision and accuracy.
The CorPath GRX System is used by leading healthcare providers worldwide, and Corindus Vascular Robotics has formed strategic collaborations with major medical devices. Since its founding, Corindus has become one of the world’s largest surgical and medical robotics companies.
It continues to innovate and develop new technologies that can improve the safety and effectiveness of cardiovascular treatments. Corindus’ commitment to improving patient outcomes through robotic-assisted surgeries is evident in its growing portfolio of products and services.
#7: Procept BioRobotics – $27 million
Procept BioRobotics is a company based in the US that specializes in surgical and medical robotics. The Procept BioRobotics team combines cutting-edge technology with extensive clinical experience to create innovative solutions that help surgeons perform better and more effective procedures with fewer side effects.
The company is committed to helping improve patient outcomes by offering safer and more effective surgical options through AQUABEAM. It’s based on image-guided surgery and combines multidimensional imaging, personalized treatment planning, and heat-free waterjet ablation to precisely target tissue removal.
This technology enables accurate prostate removal while preserving healthy tissue, reducing the risk of side effects or complications. The AQUABEAM system has been recognized as a game-changing technology in the field of robotic surgery, and Procept BioRobotics is helping to expand access to this revolutionary procedure.
Procept BioRobotics is setting a new standard for medical and surgical robotics technology by providing innovative solutions and advancing patient care.
#6: CMR Surgical – $217.1 million
CMR Surgical is a leading global surgical robotics company founded in 2014 and headquartered in Cambridge, UK. They specialize in developing and providing minimally invasive robotic-assisted surgery systems, offering their flagship product, the Versius System.
The Versius System is an innovative robotic platform that offers surgeons greater dexterity and control when performing complex procedures. It combines a number of innovative technologies, including 3D imaging, an intuitive user interface, and haptic feedback, to give surgeons precise control over procedures and reduce the risk of complications.
It also uses a modular, robotic arm system which allows the surgeon to perform complex tasks with minimal disruption to the patient’s body. With it, surgeons have greater access to difficult-to-reach areas, enabling them to operate with precision and accuracy.
It also offers them enhanced ergonomics, reducing strain and fatigue during lengthy procedures. The Versius System has the potential to revolutionize surgery and make it safer for patients by decreasing the risk of complications.
What’s more, it allows for shorter hospital stays and faster recovery, resulting in improved patient outcomes. CMR Surgical is committed to pushing the boundaries of robotic-assisted surgery and continuing to provide innovative products that enable surgeons to perform more precise, safer operations.
#5: Brainlab – $351 million
Brainlab is one of the world’s largest and most influential medical and surgical robotics companies. Founded in 1989, the Munich-based company is a pioneer in digital surgery and has developed cutting-edge technology for minimally invasive treatments.
Brainlab specializes in image-guided navigation, robotic arms, virtual reality simulation, and AI-driven surgical planning and execution. Brainlab’s product portfolio includes various innovative surgical navigation systems, advanced instruments, 3D printing solutions, and advanced robotics tools.
These systems help to improve patient safety and outcome while reducing procedure time, costs, and complications. The company also provides comprehensive software services and data analytics solutions, allowing physicians to plan surgeries faster and more accurately.
As a result, Brainlab’s technologies are widely used in various medical specialties such as orthopedics, neurosurgery, ENT, spine, and trauma. Brainlab has been expanding its presence in the global market with an extensive network of distributors and partners.
Currently, its products are available in more than 6000 hospitals in 121 countries worldwide. Brainlab remains committed to helping physicians revolutionize modern healthcare through innovative technology and personalized treatment plans.
#4: Intuitive Surgical, Inc. – $5 billion
Intuitive Surgical, Inc., located in Sunnyvale, California, is one of the world’s leading surgical and medical robotics companies. Founded in 1995, Intuitive Surgical has become a pioneer in the field of surgical and medical robotics.
They currently employ 9,793 people globally. The company designs, manufactures, and markets robotic-assisted surgical systems that use its proprietary da Vinci System for minimally invasive surgical procedures in various specialties. These include cardiovascular, gynecological, general, urologic, and thoracic surgeries.
The da Vinci Surgical System is the most advanced robotic surgical platform available today. It uses robotic arms to perform intricate surgeries with more precision than traditional open or laparoscopic procedures.
This system also enables surgeons to operate from a distance, reducing physical strain and allowing them to have greater control over the procedure. Additionally, the da Vinci system helps reduce recovery time and decreases the risk of postoperative complications.
As of 2021, Intuitive Surgical has installed more than 6,000 systems worldwide, making it one of the world’s largest surgical and medical robotics companies.
#3: Zimmer Biomet Robotics – $7 billion
Zimmer Biomet Robotics is a medical robotics company based in Montpellier, France. The company was founded in 2002. It’s committed to developing innovative robotic-assisted solutions to improve patient outcomes and reduce costs for orthopedic and spine surgeries.
The company’s flagship product is the ROSA Brain Robotic Surgery System, designed to assist surgeons with brain tumor resections. It provides an automated solution that simplifies complex, delicate brain surgery and helps increase accuracy and efficiency.
The ROSA Brain Robotic Surgery System is supported by an extensive team of experts who have experience in robotic surgical procedures. The team includes neurosurgeons, biomedical engineers, computer scientists, and software developers.
This ensures that the system is well-maintained and optimized for patient care. The company also offers several other products, such as its ROSA Spine Robotic Surgery System.
It’s designed to assist spine surgeons with surgical procedures, such as minimally invasive spinal fusions. Zimmer Biomet Robotics also provides the ROSA Knee Surgical System, which uses robotics to assist with knee replacement surgeries.
In addition to its technology solutions, Zimmer Biomet Robotics also offers educational resources and training for surgeons who want to learn more about using robotic systems for medical procedures. The company is dedicated to improving patient care and expanding access to innovative robotic-assisted surgery solutions.
#2: Hansen Medical, Inc. – $16.07 billion
Hansen Medical, Inc. is one of the leading medical robotics companies in the world and has been at the forefront of robotic-assisted medical technology since its founding in 2002. The company is based in Mountain View, California, and has developed a number of groundbreaking products designed to improve healthcare delivery and patient outcomes.
Hansen Medical’s flagship product is the Sensei Robotic System, a robotic-assisted device used to navigate the human body during cardiovascular procedures. This device can give physicians unparalleled precision and accuracy during complex cardiovascular interventions.
In addition to its Sensei product, Hansen Medical offers other robotic systems, such as the Magellan Robotic System, which assists in peripheral vascular procedures. The company also offers a range of cardiac ablation catheters, which are used to treat atrial fibrillation, as well as renal denervation systems, which are used to treat hypertension.
Hansen Medical’s products have been embraced by leading healthcare institutions worldwide, and the company continues to innovate and develop new technologies that will benefit patients and physicians alike.
#1: Stryker Corporation – $17 billion
Stryker Corporation is the largest medical and surgical robotics company in the world. It was founded in 1941 by Homer Stryker and is headquartered in Kalamazoo, Michigan. Currently, the company employs over 46,000 people globally. The company produces and sells medical devices, equipment, and services to healthcare providers, hospitals, and ambulatory surgery centers.
The company specializes in orthopedic and neurotechnology products, such as robotics-assisted knee replacements and spinal implants. Its robotic surgery platforms include Mako robotic-arm assisted surgery and Mako Smart Robotics.
Mako allows surgeons to perform partial knee and total hip replacements with unprecedented precision and accuracy. Mako Smart Robotics is an advanced robotic-arm-assisted platform. It uses artificial intelligence and real-time sensing to make surgical planning more accurate and efficient.
In addition to its robotics portfolio, Stryker also produces a wide range of medical equipment. It includes orthopedic implants, sports medicine, trauma and extremities products, rehabilitation products, and neurotechnology products. Stryker has expanded its global reach to over 100 countries, including Europe, Asia, and the Middle East.
In terms of revenue, Stryker is one of the world’s top 10 surgical and medical robotics companies. In 2021, the company reported an annual income of $17.1 billion. With their commitment to innovation and focus on customer satisfaction, Stryker is well-positioned to continue its growth in the medical and surgical robotics sector.
Medical and surgical robotics technology has revolutionized the healthcare industry in recent years. It has made surgeries faster, more precise, and more cost-effective. These top 10 largest medical and surgical robotics companies in the world are leading the charge. They’re doing this by developing and introducing new technologies that are transforming how healthcare is delivered.
From Intuitive Surgical’s da Vinci robot to Medtronic’s StealthStation, these companies have developed powerful robotics solutions that have revolutionized the healthcare industry and are continuing to do so.
These companies are constantly looking for ways to improve the effectiveness and accuracy of their products. With the ongoing advancements in robotics technology, we will likely see even more amazing breakthroughs in the near future.
The companies listed here are at the forefront of this field and will undoubtedly continue to be influential forces in the development of robotic surgery technology.
The 10 Largest Surgical & Medical Robotics Companies: Summary
|1||Stryker Corporation – $17 billion|
|2||Hansen Medical, Inc. – $16.07 billion|
|3||Zimmer Biomet Robotics – $7 billion|
|4||Intuitive Surgical, Inc. – $5 billion|
|5||Brainlab – $351 million|
|6||CMR Surgical – $217.1 million|
|7||Procept BioRobotics – $27 million|
|8||Corindus Vascular Robotics, Inc. – $10.78 million|
|9||Medrobotics Corporation – $7 million|
|10||Diligent Robotics, Inc. – $4.51 million|
- The 10 Largest Gene Editing (CRISPR) Companies in the World, and What They Do
- The Largest 3D Printing Companies In The World, And What They Do
- 10 Largest Augmented Reality Companies In The World, And What They Do
The image featured at the top of this post is ©Marko Aliaksandr/Shutterstock.com.