[Mako robot image courtesy of Stryker]
1. Stryker: Mako
More than seven years after spending $1.7 billion to acquire Mako Surgical, Stryker has already placed more than 1,000 Mako robots around the world. After acquiring Mako in 2013, Stryker launched a total hip replacement tool in 2015 and a total knee arthroplasty application in 2017.
“The lead that we have in robotics is clear, and it’s continuing, and it’s a really a global thing. We have over 28 countries now that have a Mako robot, and that growth will continue long into the future,” CEO Kevin Lobo said on Sept. 15, 2020 during a virtual healthcare conference held by Morgan Stanley.
Mako has proven to be a major growth engine for Stryker as health providers buy all of the tools and accessories around the system — enabling the world’s largest orthopedics device company to weather the COVID-19 pandemic better than its competitors.
