- In April 2024, Medtronic introduced 14 new AI-driven algorithms for laparoscopic and robotic-assisted surgeries, enhancing the Touch Surgery Performance Insights platform. These algorithms analyze surgical videos to provide actionable insights, enabling surgeons to refine techniques and improve efficiency. Additionally, Medtronic launched Touch Surgery Live Stream, facilitating secure, real-time observation of procedures across over 20 countries. This innovation creates immersive virtual learning environments, allowing surgeons and trainees to access expert techniques and participate in virtual coaching sessions, thereby democratizing high-quality surgical education
- In November 2024, Medtronic acquired Fortimedix Surgical, a Netherlands-based company, to enhance its surgical and endoscopy portfolio. Fortimedix is known for its innovative articulating instruments used in endoscopic, robotic, and minimally invasive surgeries. This acquisition will strengthen Medtronic’s position in the growing endoscopy market, expected to expand significantly in the coming years. The addition of Fortimedix’s robotic and flexible surgical technologies will aid Medtronic in advancing minimally invasive procedures, improving surgical precision, and offering new therapeutic options, ultimately benefiting patients through enhanced recovery times and reduced complications
- In February 2024, Zimmer Biomet showcased new innovations at the AAOS Annual Meeting, including the Persona OsseoTi Keel Tibia for cementless knee replacement and the ROSA Robotics platform, aimed at revolutionizing knee and hip surgeries. The ROSA Shoulder system, pending 510(k) clearance, was also presented. Key highlights included the HAMMR Automatic Hip Impaction System and the ViVi Surgical Helmet System. These technologies leverage data analytics, robotics, and digital tools to optimize surgical outcomes, enhance surgeon precision, and reduce fatigue. Zimmer Biomet's innovations promise to improve surgical experiences and patient recovery times
Frequently Asked Questions
Companies such as Medtronic (Ireland), Zimmer Biomet (U.S.), Orthopromed, Inc. (U.S.), medical bees GmbH (Germany), Exactech, Inc. (U.S.), Medical Device Business Services, Inc. (U.S.) are the major companies in the surgical power tools market.
In April 2024, Medtronic launched 14 AI-driven algorithms to enhance laparoscopic and robotic-assisted surgeries, improving surgical efficiency and technique. The introduction of Touch Surgery Live Stream enables real-time global access to procedures, fostering virtual learning and skill development for surgeons and trainees. In November 2024, Medtronic acquired Fortimedix Surgical to enhance its surgical and endoscopy offerings, adding advanced robotic and flexible technologies to improve minimally invasive procedures and patient outcomes.
The countries covered in the Surgical Power Tools market are U.S., Canada, Mexico, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, rest of Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, rest of Asia-Pacific, Saudi Arabia, U.A.E., South Africa, Egypt, Israel, rest of Middle East and Africa, Brazil, Argentina, and rest of South America.