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Mazor Robotics

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Mazor Robotics - Healthcare showcase

Year Founded & Workforce

2001

200 Employees

Industry

Healthcare

Services

Mazor Core Technology
M

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Mazor Robotics Overview

Company Headquarters: Caesarea, Israel

Founded: 2001

Workforce: ~200

Company Working: Mazor Robotics develops, manufactures, and markets robotic-based technology and products for supporting surgical procedures in the fields of orthopedics and neurosurgery. The company strives towards its mission to help heal patients by innovating spine and brain surgery with transformative guidance systems. It is elevating spine and brain surgery from typical freehand procedures to cutting-edge, effective, state-of-the-art procedures, which define the future of surgical technology.

Strategy

Mazor Robotics is focused on developing and introducing innovative robotic-based technology and products aimed at redefining the gold standard of quality care. Additionally, it emphasizes product approvals and mergers for its expansion into the global surgical robots market.

Company Snapshot

$26.1M

Revenue

200

Employees

2001

Founded

Caesarea, Israel

Headquarters

SWOT Analysis

Strengths

  • Highly skilled workforce
  • Excellent performance in new markets
  • Strong distribution channels

Weaknesses

  • Limited investments in customer-oriented services

Opportunities

  • Engaging new customers through online channels

Threats

  • Irregular supply of innovative products

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Key Developments

DateApproachDevelopment
November 2018MergerMazor Robotics announced a merger with Medtronic to accelerate the advancement and adoption of robotic-assisted surgery in the spine for better healthcare.
April 2017Product ApprovalMazor Robotics received the FDA approval for its Mazor X Align software. This will help Mazor Robotics X Align leverage Mazor Robotics’ extensive experience in pre-operative planning, image processing, computerized anatomy recognition, and registration of different imaging modalities.

Product Offering

  • Mazor Robotics
    • Mazor Core Technology

Financial Performance

Explore key financial metrics, segmented revenue, balance sheet health, and performance trends.

By Business Segment: Sales rose from USD 26.1 Mn in 2015 to USD 64.9 Mn in 2017.
Mazor Robotics — By Business Segment
Series (USD Mn)201520162017
Sales26.136.464.9
R&D Expenditure6.35.78.2

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