Surgical robots are gaining popularity due to AI adoption, remote control, and startup competition, with 2024 expected to be a significant year for the sector.

Stryker said it wants to extend a surgeon’s Mako SmartRobotics experience in and beyond the operating room.

Here is a list of 10 surgical robotics companies that continue to attract attention from our editors and audience.

Stryker said OrthoSensor’s Verasense intraoperative sensor technology will further boost Mako surgical robots, enhancing workflow through one complete data-driven feedback mechanism.

In 2020, autonomous vehicles left other technology applications in the dust. Other areas of robotics receiving funding or merger and acquisition activity included supply chain automation, surgical robots, and quadrupeds.

Although May 2020 was a relatively slow month for robotics transactions, autonomous vehicle companies such as Waymo, Didi Chuxing, and Tesla continued to receive investments.

The range of surgical procedures that robots can assist is widening, even as systems become more specialized.

In September 2019, the biggest robotics deals were in healthcare, followed by self-driving cars and service robots.

Stryker, a leading medical technology company based in Kalamazoo, Michigan, acquired Mobius Imaging and its subsidiary Cardan Robotics for $500 million. The deal includes a down payment of $370 million in cash and $130 million that will be paid based on development and commercialization milestones. Shirley, Mass.-based Mobius develops point-of-care imaging technology. Its Airo TruCT…

Orthopedic device companies have been actively developing products for surgical robotics, several through acquisitions.

Stryker’s success with its Mako robot-assisted surgery platform has other orthopedic device companies hastening to enter the space. The big question is whether long-term outcomes will justify the expensive technology.

Investments in robots, autonomous vehicles, and related systems totaled at least $1.3 billion in March 2019, down from $4.3 billion in February. On the other hand, automation companies reported $7.8 billion in mergers and acquisitions last month. While that may represent a slowdown, note that many businesses did not specify the amounts involved in their…

Stryker Corp. said today that it is acquiring OrthoSpace Ltd. and its InSpace rotator cuff repair device for $220 million. Kalamazoo, Mich.-based Stryker said it paid $110 million in cash upfront and agreed to another $110 million in potential milestones for Caesarea, Israel-based OrthoSpace. “The acquisition of OrthoSpace is highly complementary to our existing portfolio…