// changes done below on July 01 2024 // till here on July 01 2024

Top Surgical Robot Companies

Published: June 2024


Driven by several advantages conferred by the surgical robots for performing minimally invasive surgeries across various surgical procedures, these medical robots have garnered considerable attention in the medical device industry. We analyzed over 110 surgical robot companies that are engaged in their development. In this article, discover 8 top surgical robot companies and their capabilities in this industry.


Over the past few years, medical robots have garnered significant recognition for their pivotal role in revolutionizing surgical practices in the medical field. The ongoing advancements in cutting-edge technologies, medical imaging and software (especially, artificial intelligence) in the medical device industry have led to the paradigm shift towards adoption of robotic systems in the healthcare sector. Nowadays, surgical robots are well-known for their contribution to minimally invasive or laparoscopic surgical processes. This can be attributed to the fact that the conventional approach followed by the surgeons to conduct invasive surgeries involves the usage of their hands and wide range of surgical instruments. However, it involves the need to make larger incision in the patient’s body resulting in heavy blood loss, post-surgical scarring, increased risk of infection (even during the healing period) and some other medical complications associated with surgeries that are being conducted on different anatomical areas. The incorporation of surgical robots in such interventional surgical procedures has led to circumvention of the aforementioned challenges of conventional surgeries by performing procedures through small incisions (even in hard-to-reach areas).

Apart from that, medical robots have enabled complex surgeries to be performed with greater accuracy due to minimally invasive surgery, enhanced dexterity, reduced post-surgical trauma and faster recovery times for patients. With the amalgamation of technological advancement and ongoing activity in this field, we anticipate that effective surgical robots are set to play a pivotal role in enhancing precise treatment, diagnosis, and patient well-being, along with automation of various tasks in surgery centers / hospitals.

Roots Analysis has conducted an exhaustive study on surgical robots market featuring the current market landscape and future opportunity for the surgical robot companies that are engaged in the development of surgical robots, over a span of 12 years.

Table of Contents

Below, we have listed (in alphabetical order), the top 8 surgical robot companies.

  1. Abbott
  2. Intuitive Surgical
  3. Johnson & Johnson
  4. Medtronic
  5. Renishaw
  6. Smith+Nephew
  7. Stryker
  8. Zimmer Biomet

Top Surgical Robot Companies

Interested in exploring all 110+ surgical robot companies and their recent initiatives?

Discover Below the Details on 8 Top Surgical Robot Companies

Let us deep dive to understand the activity of the 8 top surgical robot companies (shortlisted on the basis of company size (very large companies having more than 5,000 employees) and year of establishment (1894-1995)) in the surgical robots market. It is essential to note that the selection of top players can differ substantially according to the defined criteria.

Abbott is Engaged in Offering Minimally Invasive Solutions for Diagnosis, Treatment and Monitoring of Cardiac Arrhythmias

1. Abott

Abbott is a US-based firm focused on developing medical devices, as well as nutritional and branded generic medicines, to cater to the needs of patients across the globe. The company is engaged in offering innolvative solutions in diagnostics, pharmaceuticals, medical devices, and nutrition. Within the medical device segment, the electrophysiology division is primarily involved in developing next-generation technologies in the areas of ablation, diagnostic, mapping, and visualization and recording, specifically aimed at cardiovascular care, which improves the treatment of irregular heartbeats (cardiac arrhythmia), vascular diseases, disorders related to cardiac valves and other cardiac structures.

Abbott: Company Details

Key Parameters Description
Company Logo Aabott - Top Surgical Robot Companies
Year of Establisment   1894
Number of Employees  10,000+
Headquarter Abott, Headquarter

 

Abbott: Surgical Robots Portfolio

Key Parameters Description
Surgical Robots Offered
  • Portico with FlexNav TAVI System
  • Prostar XL PVS System
Stage of Development All Approved
Deployment Model On-premise
Type of Surgical Procedure Supported Cardiac Surgery
Application Area
  • Therapy / Treatment
  • Diagnostics
End User Hospitals


Recent Initiatives by Abbott Focusing on Cardiac Robotic Surgery Domain: In March 2024, the company announced the launch of Navitor Vision, a latest generation of Navitor TAVI system, in the US.

Further details on recent initiatives taken by Abbott as well as other surgical robot companies have been provided in detail in the report.

With More Than 9,400 da Vinci® Systems Placed in Hospitals Globally, Sales of Instruments and Accessories is Driving Growth for Intuitive Surgical

2. Intuitive Surgical

Intuitive Surgical is a US-based company that specializes in the field of robotic-assisted surgery (RAS) and minimal invasive surgery. The firm leverages its core strengths and capabilities in four key areas, namely digital ecosystem, focal therapeutics, precision diagnostics and frontier medical devices. As per the company’s website, its RAS systems (da Vinci systems) assisted in over 12 million surgical procedures worldwide in 2022. Owing to the addition of Ion endoluminal system in its product portfolio, the company has resulted in expanding its capabilities into the diagnostic segment as well.

For full year 2023, the company generated $4.28 billion in revenue from sales of instruments and accessories alone. This equates to a growth of 21.6% over 2022, driven by 22% growth in overall robotic surgery procedures performed on da Vinci systems.

Intuitive Surgical: Company Details

Key Parameters Description
Company Logo Intuitive Surgical - Top Surgical Robot Companies
Year of Establisment   1995
Number of Employees  5,001-10,000
Headquarter Intuitive, Headquarter

 

Intuitive Surgical: Surgical Robots Portfolio

Key Parameters Description
Surgical Robots Offered
  • Da Vinci Xi
  • Da Vinci X
  • Da Vinci SP
  • Ion
Stage of Development All Approved
Technology / Software Used
  • Intuitive motion
  • EndoWrist instrumentation
  • Immersive 3DHD stereo viewer
  • Single-port technology
  • Da Vinci OS4
Deployment Model
  • On-premise
  • Cloud / Remote
AI Integration Yes
Type of Surgical Procedure Supported
  • Head and Neck Surgery
  • Abdominal and Pelvic Surgery
  • Nephrological Surgery
  • General Surgery
  • Urologic Surgery
Application Area
  • Therapy / Treatment
  • Diagnostics
End User
  • Hospitals
  • Diagnostic Labs


Recent Initiatives by Intuitive Surgical Focusing on Surgical Robots Domain: In March 2024, the company announced the United States Food and Drug Administration (USFDA) 510(k) clearance of da Vinci 5, a next-generation multiport robotic system.

Further details on recent initiatives taken by Intuitive Surgical as well as other surgical robot companies have been provided in detail in the report.

Johnson & Johnson is Actively Acquiring to Grow its Robotic Surgery Segment

3. Johnson & Johnson

Johnson & Johnson is a global leader in the development of innovative medicines. With over 100 years of experience in the healthcare domain, the company operates across three principal segments: pharmaceuticals, medical devices, and consumer health. Within the MedTech segment, the company offers solutions for orthopedics, surgery, interventional solutions and vision segments. The company strives to offer continuum of care to its patients through improvisation in their technologies and medical device portfolio used during surgical procedures.

In 2015, Johnson & Johnson partnered with Verily to start a robotic surgery venture, Verb Surgical. In 2019, J&J acquired all stakes in Verb Surgical, which focused on general surgery.2 In the same year, it also acquired Auris Health for $3.4 billion and added its Monarch platform for lung related procedures.3 In 2018, J&J had acquired Orthotaxy, a developer of a robot-assisted system for orthopedic procedures including total and partial knee reconstruction.

Johnson & Johnson: Company Details

Key Parameters Description
Company Logo Johnson & Johnson - Top Surgical Robot Companies
Year of Establisment   1886
Number of Employees  10,000+
Headquarter Johnson & Johnson, Headquarter

 

Johnson & Johnson: Surgical Robots Portfolio

Key Parameters Description
Surgical Robots Offered
  • MONARCH™ Platform
  • VELYS™ Robotic-Assisted Solution
  • OTTAVA Platform
Stage of Development
  • Approved
  • Approved
  • Under Development
Technology / Software Used
  • MONARCH™ Platform
  • NATURAL CONTROL Technology
Deployment Model
  • On-premise
  • Cloud / Remote
Type of Surgical Procedure Supported
  • Head and Neck Surgery
  • Urologic Surgery
  • Nephrological Surgery
  • Orthopedic Surgery
Application Area
  • Therapy / Treatment
  • Diagnostics
End User Hospitals


Recent Initiatives by Johnson & Johnson Focusing on Surgical Robots Domain: In November 2023, the company announced the receival of regulatory approval of MONARCH platform for bronchoscopy in China, thereby, expanding its global reach outside the US.

Further details on recent initiatives taken by Johnson & Johnson as well as other surgical robot companies have been provided in detail in the report.

Medtronic is Expanding its Presence in Robotic Assisted Surgery Across Geographies; Its Hugo System Performed the First Procedure in North America

4. Medtronic

Medtronic is a US-based firm that is focused on developing innovative diagnostic and therapeutic solutions for more than 70 disease indications. The company operates through four business segments (based on therapeutic area), namely cardiovascular, diabetes, medical surgery, and neuroscience. With the launch of “Touch Surgery” enterprise solution, the company offers an AI-based platform to record, access and analyze the surgeries being conducted (even remotely) in order to improve surgeon’s performance.

Company’s Hugo robotic assisted surgery system is CE marked in the EU; however it is still under investigation in the US. In June 2023, Medtronic announced the use of Hugo to perform a partial nephrectomy in a Canadian hospital.

Medtronic: Company Overview

Key Parameters Description
Company Logo Medtronic - Top Surgical Robot Companies
Year of Establisment   1949
Number of Employees  10,000+
Headquarter Medtronic, Headquarter

 

Medtronic: Surgical Robots Portfolio

Key Parameters Description
Surgical Robots Offered
  • Hugo™ RAS system
  • Mazor™ X Stealth edition robotic guidance platform
Stage of Development All Approved
Technology / Software Used Touch Surgery™
Deployment Model
  • On-premise
  • Cloud / Remote
AI Integration Yes
Type of Surgical Procedure Supported
  • Abdominal and Pelvic Surgery
  • General Surgery
  • Colon and Rectal Surgery
  • Spine Surgery
  • Urologic Surgery
Application Area Therapy / Treatment
End User Hospitals


Recent Initiatives by Medtronic Focusing on Surgical Robots Domain: In May 2023, the company announced the launch of a new surgical robotics training center at All India Institute of Medical Sciences (AIIMS), India aiming to provide best-in-class training to the surgeons for robotic-assisted surgery.

Further details on recent initiatives taken by Medtronic as well as other surgical robot companies have been provided in detail in the report.

Renishaw, a UK-based Engineering Company having Expertise in Medical Devices Segment

5. Renishaw

Renishaw offers an extensive range of products and services across two main operating segments, these include manufacturing technologies, analytical instruments and medical devices. Furthermore, the manufacturing technologies includes many verticals, such as automotive, electronics, precision manufacturing, aerospace and energy. Through its technological expertise in the industry, the company serves its wider set of audience through its 80 offices located over 36 countries, worldwide. Under its medical and healthcare segment, the company has a well-established portfolio of healthcare products that can be used for surgical procedures and medical research. These include neurological products (medical devices, planning software and surgical robotic systems) and systems / instruments based on Raman spectroscopy.

Renishaw: Company Overview

Key Parameters Description
Company Logo Renishaw - Top Surgical Robot Companies
Year of Establisment   1973
Number of Employees  5,001-10,000
Headquarter Renishaw, Headquarter

 

Renishaw: Surgical Robots Portfolio

Key Parameters Description
Surgical Robots Offered neuromate®
Stage of Development Approved
Technology / Software Used
  • Neuroinspire™
  • Neuroguide™
  • Neuroinfuse™
Deployment Model On-premise
Type of Surgical Procedure Supported Neurosurgery
Application Area
  • Therapy / Treatment
  • Diagnostics
End User Hospitals


Recent Initiatives by Renishaw Focusing on Surgical Robots Domain: In 2023, the company participated in two international conferences, namely American Epilepsy Society (AES) 2023 Annual Meeting and 2023 CNS Annual Meeting, held in December and September, respectively, in order to present the technological advancements of neuromate Gen III stereotactic robot.

Further details on recent initiatives taken by Renishaw as well as other surgical robot companies have been provided in detail in the report.

Smith+Nephew is Leading Innovation with Handheld Robotics Platform with AI Features

6. Smith+Nephew

Smith+Nephew is a UK-based company, having an extensive expertise in the tissue (soft and hard) repair, regeneration and replacement. The company broadly operates in three portfolios, namely orthopedics, sports medicine and ear, nose and throat (ENT) and advanced wound management. With its global presence in more than 100 countries and nine centers (academies) for providing medical education, the company has been able to provide over one lakh training sessions in 2022.

The company launched its CORI surgical platform in 2020 for orthopedic surgical procedures. The handheld nature of the device makes it suitable for outpatient surgery as well. In 2024, Smith+Nephew introduced some software updates to integrate AI and simulation for surgical planning.

Smith+Nephew: Company Overview

Key Parameters Description
Company Logo Smith+Nephew - Top Surgical Robot Companies
Year of Establisment   1856
Number of Employees  10,000+
Headquarter Smith+Nephew, Headquarter

 

Smith+Nephew: Surgical Robots Portfolio

Key Parameters Description
Surgical Robots Offered
  • CORI Surgical System
  • NAVIO Surgical System
Stage of Development All Approved
Technology / Software Used CORI Surgical Platform
Deployment Model On-premise
Type of Surgical Procedure Supported Orthopedic Surgery
Application Area Therapy / Treatment
End User Hospitals


Recent Initiatives by Smith+Nephew Focusing on Surgical Robots Domain: In October 2023, The company inaugurated Smith+Nephew Academy Munich (a medical education and digital innovation center) in order to provide procedural training to healthcare professionals based in the US.

Further details on recent initiatives taken by Smith+Nephew as well as other surgical robot companies have been provided in detail in the report.

Stryker Plans to Increase its Outreach Through Direct to Patients Marketing

7. Stryker

Stryker is a leading medical technology company in the domain of medical devices, neurotechnology and orthopedics. Further, the company offers a multitude of medical and surgical equipment, and innovative orthopedic products for craniomaxillofacial skeleton, joint replacement, sports medicine, trauma and extremities. The firm leverages its core strengths and capabilities across 75 countries in order to serve over 130 million patients annually. It is worth mentioning that the company owns over 12,000 patents, globally, in 2022.

In August 2023, the company announced to begin a direct-to-consumer advertising (DTC) campaign in order to increase awareness about robotic offerings.

Stryker: Company Details

Key Parameters Description
Company Logo Stryker- Top Surgical Robot Companies
Year of Establisment   1941
Number of Employees  10,000+
Headquarter Stryker, Headquarter


Stryker: Surgical Robots Portfolio

Key Parameters Description
Surgical Robots Offered Mako SmartRobotics™
Stage of Development Approved
Technology / Software Used AccuStop™ Haptic Technology
Deployment Model On-premise
Type of Surgical Procedure Supported Orthopedic Surgery
Application Area Therapy / Treatment
End User Hospitals


Recent Initiatives by Stryker Focusing on Surgical Robots Domain: In February 2024, the company announced launch of myMako app for Apple Vision and iPhone users, which will allow the surgeons to review surgical plans outside the operating rooms.

Further details on recent initiatives taken by Stryker as well as other surgical robot companies have been provided in detail in the report.

With Wide Portfolio Across Various Surgical Applications, Zimmer Biomet Strives to Advance in Orthopedic Industry

8. Zimmer Biomet

Zimmer Biomet is a technology-driven company that specializes in the designing, manufacturing and offering of innovative orthopedic solutions to the clinicians in order to restore mobility and improve the quality of patient’s life. The company offers a comprehensive product portfolio designed for reconstruction of various body parts (including elbow, foot and ankle, hip, knee and shoulder). In addition, the company is well-equipped to provide customized surgical solutions, patient-matched implants and diagnostic solutions to be used in orthopedic applications.

Zimmer Biomet: Company Details

Key Parameters Description
Company Logo Zemmer Biomet Top Surgical Robot Companies
Year of Establisment   1927
Number of Employees  10,000+
Headquarter Zimmer Biomet, Headquarter


Zimmer Biomet: Surgical Robots Portfolio

Key Parameters Description
Surgical Robots Offered
  • ROSA® Knee
  • ROSA® Partial Knee
  • ROSA® Hip
  • ROSA® ONE Brain
  • ROSA® Shoulder
Stage of Development All Approved
Technology / Software Used
  • Trabecular Metal technology
  • X-Atlas 2D to 3D technology
  • ROSA ONE brain robotic technology
Deployment Model On-premise
AI Integration Yes
Type of Surgical Procedure Supported
  • Orthopedic Surgery
  • Neurosurgery
Application Area Therapy / Treatment
End User
  • Hospitals
  • Surgery Centers


Recent Initiatives by Zimmer Biomet Focusing on Surgical Robots Domain: In April 2024, the company announced the completion of world’s first robotic-assisted shoulder replacement surgery using its ROSA Shoulder system.

Further details on recent initiatives taken by Zimmer Biomet as well as other surgical robot companies have been provided in detail in the report.

What About the Other Surgical Robot Companies Around the World?

The above presentation features eight top surgical robot companies selected from a pool of over 110 players that we have compiled. If you're interested, you can download the Sample Report on this topic by Roots Analysis. For personalized assistance in identifying the most relevant solutions based on your specific criteria, please don't hesitate to reach out to us at sales@rootsanalysis.com.

About Author

Prachi_Bhalla

Prachi holds an M.Tech degree in Biotechnology from Indian Institute of Technology, Guwahati and B.E. degree in Biotechnology from Panjab University, Chandigarh. Upon completing her postgraduate studies, she embarked on her research career by securing the position of Senior Research Fellow at PGIMER, Chandigarh. In her more than two years of scientific career, she honed her skills in the field of cell and molecular biology, pathology and organic chemistry. Prachi has over two years of remarkable experience in the business research and consulting domain. She is equipped with the distinctive skill set to thrive and contribute immensely to the development of syndicate reports and assignments pertaining to the pharmaceutical and biotechnology industry. She has persistently sought to present impactful, critical insights to the clients through several drug-based, product-based, technology-based and service-based research reports.

Source

  1. https://isrg.intuitive.com/static-files/e9ed7c14-f042-4923-b7cc-a1458e11e67b
  2. https://www.medtechdive.com/news/jj-takes-over-verb-surgical-as-verily-exits-robotics-partnership/569504/
  3. https://www.jnj.com/media-center/press-releases/johnson-johnson-announces-completion-of-acquisition-of-auris-health-inc
  4. https://news.medtronic.com/First-commercial-North-American-procedure-using-Medtronic-Hugo-TM-robotic-assisted-surgery-system-at-Toronto-General-Hospital
  5. https://www.prnewswire.com/news-releases/smithnephew-launches-real-intelligence-and-cori-surgical-system-next-generation-handheld-robotics-platform-301092801.html
  6. https://www.medtechdive.com/news/SYK-Stryker-Mako-robot-DTC-advertising-marketing/690307/

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