Top 10 Companies in the Medical Robotics Market by Intellectual Market Insights Research

Published Date : 2023-May-24

Medical Robotics Market Players Analysis: Accuray Incorporated, Auris Surgical Robotics, Inc. (Hansen Medical Inc.), iRobot Corporation, Medrobotics Corporation,  Titan Medical Inc., Renishaw Plc, Health Robotics SLR, OR Productivity plc, Intuitive Surgical, Mako Surgical Corp., Varian Medical Systems, Stereotaxis Inc., Mazor Robotics, Medtronic, Stryker, Zimmer Biomet, Smith & Nephew and More

According to a comprehensive study by Intellectual Market Insights Research, the Global Medical Robotics Market size was valued at USD 9.57 billion In 2021 and is projected to reach USD 32.64 billion by 2028.

Medical Robotics Market Size, Share & Trends Analysis Report by Product, Global Economy Insights, Regional Outlook, Growth Potential, Price Trends, Competitive Market Share & Forecast, 2022 - 2028.

Growing at a CAGR of 22.19% from 2021 to 2028.

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  1. iRobot Corporation


Founded: 1990

Headquarters: Bedford, Massachusetts, United States        


About Us: iRobot Corporation is an American technology company that designs and builds consumer robots. It was founded in 1990 by three members of MIT's Artificial Intelligence Lab, who designed robots for space exploration and military defense. The company's products include a range of autonomous home vacuum cleaners (Roomba), floor moppers (Braava), and other autonomous cleaning devices.

The company had nearly 1,254 employees and had revenue of $1.18 Billion.


  1. Titan Medical Inc.


Founded: 2008

Headquarters: Toronto, Ontario, Canada    


About Us: Titan Medical is focused on developing robotic assisted technologies for application in single access surgery. We are developing our Enos™ system to become the new standard of care in robotic single access surgery, with dual 3D and 2D high-definition vision systems, multi-articulating instruments, and an ergonomic surgeon workstation.

The company had nearly 200 employees and had revenue of $10 million.


  1. Renishaw Plc


Founded: 1973

Headquarters: Wotton-under-Edge, England, UK


About Us: Renishaw plc is a British engineering company based in Wotton-under-Edge, England. The company's products include coordinate-measuring machines and machine tool products. It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.

The company had nearly 5,000 employees and had revenue of $723.37 Million.


  1. OR Productivity plc


Founded: 2012

Headquarters: Guildford, Surrey, United Kingdom


About Us: OR Productivity PLC, a medical robotics company, focuses on the development and commercialization of surgical robotics to healthcare providers and hospitals. The company develops Freehand, a robotic camera controller for laparoscopic or keyhole surgery.

The company had nearly 50 employees and had revenue of $1.81 Million.


  1. Intuitive Surgical


Founded: 1995

Headquarters: Sunnyvale, California, United States


About Us: Intuitive Surgical, Inc. is an American corporation that develops, manufactures, and markets robotic products designed to improve clinical outcomes of patients through minimally invasive surgery, most notably with the da Vinci Surgical System.

The company had nearly 12,120 employees and had revenue of $6.22 Billion.


  1. Mako Surgical Corp.


Founded: 2004

Headquarters: Fort Lauderdale, Florida, United States


About Us: MAKO Surgical Corp. was a publicly traded medical device company based in Florida. On September 25, 2013, the Board of Directors of Mako Surgical accepted a deal to be acquired by Stryker for $1.65B. The deal closed in December 2013.

The company had nearly 500 employees and had revenue of $ $102.7 Million.


  1. Varian Medical Systems


Founded: 1948

Headquarters: Palo Alto, California, U.S.  


About Us: Varian Medical Systems is an American radiation oncology treatments and software maker based in Palo Alto, California. Their medical devices include linear accelerators (LINACs) and software for treating cancer and other medical conditions with radiotherapy, radiosurgery, proton therapy, and brachytherapy.

The company had nearly 10,000 employees and had revenue of $3.248 Billion.


  1. Stereotaxis Inc.


Founded: 1990

Headquarters: St. Louis, Missouri, United States   


About Us: Stereotaxis Inc. is an American publicly traded corporation based in St. Louis, MO, that makes robotic products to improve the clinical outcomes of electrophysiology studies. The most notable of Stereotaxis’ products is the NIOBE® ES Remote Magnetic Navigation (RMN) System.

The company had nearly 130 employees and had revenue of $7.3 Million.


  1. Medtronic


Founded: 1949

Headquarters: Minneapolis, Minnesota, U.S.


About Us: Medtronic plc is an American medical device company. The company's operational and executive headquarters are in Minneapolis, Minnesota, and its legal headquarters are in Ireland due to its acquisition of Irish-based Covidien in 2015.

The company had nearly 95,000 employees and had revenue of $31.69 Billion.


  1. Stryker


Founded: 1941

Headquarters: Kalamazoo, Michigan, U.S.


About Us: Stryker Corporation is an American multinational medical technologies corporation based in Kalamazoo, Michigan. Stryker's products include implants used in joint replacement and trauma surgeries; surgical equipment and surgical navigation systems; endoscopic and communications systems; patient handling and emergency medical equipment; neurosurgical, neurovascular and spinal devices; as well as other medical device products used in a variety of medical specialties.

The company had nearly 46,000 employees and had revenue of $17.108 Billion.


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