180:
surgery technologies. Z-KAT's initial haptic robotic arm technology, known as the Whole Arm
Manipulator (or WAM Arm) was originally developed at MIT and then at Barrett Technology. Z-KAT's core technology team had adapted the WAM Arm for use as a testbed for surgical procedures. The initial success of the internal tests led to the development of a business plan to focus exclusively on the idea of haptic robotic technology in orthopedic surgery. MAKO's original technical team (Rony Abovitz, Arthur Quaid Ph.D., Hyosig Kang Ph.D., Lou Arata, Ph.D., and others) demonstrated a number of breakthroughs in robotics and controls, enabling a haptic robotic system (6dof) to perform accurate bone shaping through minimally invasive incisions (knee and hip).
135:
118:
197:
the patients' anatomy, enabling surgeons to develop a pre-surgical plan that customizes implant size, positioning and alignment specifically for each patient. During the procedure, real-time visual, tactile, and auditory feedback enforces a safety-zone and facilitates ideal implant positioning and placement, which reduces potential for complications.
934:
231:
Stryker's 2013 acquisition of MAKO Surgical for $ 1.65B was criticized at the time as too expensive, but by 2019 Stryker felt justified in its purchase. In 2019, Stryker had about 860 Mako robots installed globally. By the end of 2020, about 44% of all its total knee replacement procedures were
187:
Partial Knee
Replacement Procedure was performed in June 2006 by Martin Roche M.D. and the company went public on the NASDAQ with their IPO in February 2008. The company's first MAKOplasty Total Hip Arthroplasty (THA) procedure was performed in October 2010. The company reached milestones with the
196:
MAKO Surgical Corp. markets the RIO Robotic Arm
Interactive Orthopedic System and RESTORIS Family of Implants for partial knee and total hip arthroplasty, known as MAKOplasty. MAKOplasty increases accuracy in aligning and placing implants. The RIO system assists surgeons by creating a 3-D model of
179:
and other key members of its predecessor Z-KAT, Inc.Z-KAT was founded in 1997 by Rony
Abovitz, William Tapia, Michael Peshkin Ph.D., Julio Santos-Munne, and Wayne J. Kerness, M.D. and was developing a novel haptic robotic system for medical applications, amongst a wide variety of computer-assisted
235:
Stryker's move into robotics that began with its MAKO Surgical acquisition has developed further with the 2021 acquisition of OrthoSensor, adding an intraoperative sensor technology to enhance
Stryker's Mako robots. Stryker's strength in robotics is cited as one cause of its upward stock price in
158:
Founded in 2004, the company manufactures and markets surgical robotic arm assistance platforms, most notably the RIO (Robotic Arm
Interactive Orthopedic System) as well as orthopedic implants used by orthopedic surgeons for use in partial knee and total hip arthroplasty. They are known for their
24:
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intellectual property of devices, and have over 300 U.S. and foreign patents and patent applications. The company has won numerous awards, including being named the fastest growing technology company in 2011 on
236:
2021. Equity research analyst Dave Keiser identifies Mako as the transformational acquisition in terms of
Stryker getting on board with robotics before some of their competitors in the space.
935:"Avaya, Cisco, Corptax, HP Software, and Mako Surgical Achieve Certified Support Staff Excellence Center Designation from the Technology Services Industry Association"
546:
439:
205:
245:
2010, R&D Robotic 3D Visualization
Surgical Tool Award for their RIO Robotic Arm Interactive Orthopedic System by Research and Development Magazine.
883:
1009:
1004:
505:
251:
2010, Fast Tech Award for being one of the fastest growing technology companies in South
Florida by the South Florida Business Journal.
960:
828:
750:
573:
699:
397:
223:
Mako Total Knee was launched in 2017, which combines Mako
Robotic-Arm Assisted Technology with the Triathlon Total Knee System
776:
266:
201:
802:
724:
645:
484:
909:
453:
217:
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2011, CSSEC Award for loyal, customer-focused staff members presented by the Technology Services Industry Association.
854:
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in New York, the St. Cloud Hospital in St. Cloud, Minnesota, and the Mayo Clinic Hospital in Jacksonville, Florida.
629:
Doyle, Karen (March 2012). "MAKOplasty Improves Surgical Precision and Patient Outcomes at Quincy Medical Center".
429:
213:
603:
152:
151:. On September 25, 2013, the Board of Directors of Mako Surgical accepted a deal to be acquired by
79:
529:
265:
2011, Fast Tech Award as one of the 25 fastest growing technology companies in South Florida by
188:
500th MAKOplasty procedure performed in 2008, the 1000th by 2009, and more than 23,000 by 2012.
405:
255:
160:
23:
371:
293:
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2012, South Florida Manufacturer of the Year by the South Florida Manufacturers Association.
937:(Press release). Technology Services Industry Association. 17 October 2012. Archived from
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352:
998:
675:
288:
176:
52:
653:
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461:
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127:
409:
209:
91:
Maurice Ferre M.D., Fritz LaPorte, former CFO, Treasurer, Sr. VP of Finance
984:
259:
434:
148:
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2011, ACE Award (Achievement in Customer Excellence) from MarketTools.
989:
164:
430:"UPDATE 2-Stryker buys Mako Surgical to gain robot surgery skills"
803:"Stryker acquires OrthoSensor and its knee surgery sensor tech"
777:"This Important Acquisition Is Starting to Pay Off for Stryker"
574:"Questions To Ask Your Doctor Before Getting A Hip Replacement"
751:"Stryker Proves That the Juice Was worth the Squeeze for Mako"
105:
RESTORIS Implants for partial knee and total hip arthroplasty
398:"Stryker to Acquire Mako Surgical for About $ 1.65 Billion"
829:"Stryker (SYK) Hits New 52-Week High: What's Driving It?"
163:. Before it was purchased, it was publicly traded on the
961:"Winners Announced For The 2011 MarketTools ACE Awards"
541:
539:
537:
147:
was a publicly traded medical device company based in
547:"Jordan Hospital: MAKOplasty Now Available At Jordan"
200:
MAKOplasty is offered in over 150 hospitals, such as
125:
112:
95:
85:
74:
59:
48:
40:
30:
357:(Television). Good Morning American via ABC News.
155:for $ 1.65B. The deal closed in December 2013.
963:(Press release). MarketTools. 15 February 2011
877:
875:
489:(Television). NBC Nightly News. Archived from
366:
364:
102:RIO Robotic Arm Interactive Orthopedic Systems
676:"Orthopedics | CentraCare, Central Minnesota"
258:as the fastest growing technology company by
8:
855:"Executive of the Year: Kevin Lobo, Stryker"
16:
396:Walker, Joseph; Stynes, Tess (2013-09-25).
248:2010, Gold Medical Design Excellence Award.
700:"Now At Saint Anne's Hospital: Makoplasty"
604:"MAKOplasty: Only At Mercy Medical Center"
15:
608:Maryland Physician Magazine via Issue.com
320:
318:
506:"Mako Surgical Meets 2012 Sales Targets"
572:Domb, M.D., Benjamin (23 August 2012).
314:
325:Maranjian, Selena (14 February 2013).
725:"Triathlon Primary Total Knee System"
175:MAKO Surgical was founded in 2004 by
7:
749:Pedersen, Amanda (29 January 2020).
460:. 20 September 2011. Archived from
327:"Buy, Sell, or Hold: MAKO Surgical"
908:Torres, Ashley (14 October 2013).
14:
910:"Photo Gallery: Fast Tech Awards"
882:Bandell, Brian (7 January 2013).
853:Rachal, Maria (9 December 2019).
504:Bandell, Brian (7 January 2013).
442:from the original on 2021-10-01.
351:Marie Savard (2 February 2009).
134:
133:
117:
116:
22:
801:Newmarker, Chris (2021-01-05).
167:under the stock symbol "MAKO."
990:MAKO Surgical on Yahoo Finance
530:Business Insider, Jan. 1, 2015
267:South Florida Business Journal
161:Deloitte's Technology Fast 500
1:
1010:Medical device manufacturers
650:Hospital For Special Surgery
218:Hospital for Special Surgery
775:Little, Jeff (2021-04-13).
63:December 17, 2013
1026:
1005:Companies based in Florida
827:Zacks (9 September 2021).
646:"Robotic Knee Resurfacing"
372:"MAKO Surgical Financials"
232:done with the Mako robot.
138:US$ -32.55Million (2012)
121:US$ 102.72Million (2012)
21:
354:Hi-Tech Knee Replacement
551:Wicked Local - Plymouth
985:MAKO Surgical Homepage
438:. 25 September 2013.
227:Impact of acquisition
214:Quincy Medical Center
704:The Women's Journals
464:on 24 September 2015
454:"Mako Surgical Corp"
206:Mercy Medical Center
55:, Maurice Ferre M.D.
656:on 13 February 2013
493:on October 2, 2013.
402:Wall Street Journal
256:Technology Fast 500
145:MAKO Surgical Corp.
80:Stryker Corporation
18:
17:MAKO Surgical Corp.
884:"Fast Tech Awards"
755:www.mddionline.com
610:. July–August 2012
254:2011, No.1 on the
216:in Massachusetts,
204:in Massachusetts,
553:. 1 November 2012
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652:. Archived from
644:Pearle, Andrew.
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580:. Archived from
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483:Brian Williams.
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294:Knee replacement
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941:on 30 June 2013
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781:The Motley Fool
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633:. pp. 6–8.
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584:on 11 June 2014
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304:Robotic surgery
299:Hip replacement
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202:Jordan Hospital
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35:Medical devices
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979:External links
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965:. Retrieved
955:
943:. Retrieved
939:the original
929:
917:. Retrieved
913:
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891:. Retrieved
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862:. Retrieved
859:MedTech Dive
858:
848:
836:. Retrieved
832:
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732:. Retrieved
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683:. Retrieved
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658:. Retrieved
654:the original
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624:
612:. Retrieved
607:
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586:. Retrieved
582:the original
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567:
555:. Retrieved
550:
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513:. Retrieved
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491:the original
485:
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466:. Retrieved
462:the original
457:
448:
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413:. Retrieved
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391:
379:. Retrieved
375:
353:
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334:. Retrieved
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289:Arthroplasty
234:
230:
222:
199:
195:
182:
177:Rony Abovitz
174:
157:
144:
143:
78:Acquired by
53:Rony Abovitz
967:15 February
945:15 February
919:15 February
914:Biz Journal
893:15 February
888:Biz Journal
709:25 February
660:25 February
614:15 February
588:18 February
557:15 February
515:15 February
510:Biz Journal
468:18 February
376:MarketWatch
336:15 February
331:Motley Fool
999:Categories
864:17 October
838:16 October
812:16 October
807:MassDevice
786:16 October
760:16 October
734:4 December
685:2024-01-25
680:CentraCare
578:The Doings
415:2017-09-25
310:References
185:MAKOplasty
128:Net income
87:Key people
67:2013-12-17
410:0099-9660
210:Baltimore
486:Robo-Doc
440:Archived
381:29 March
283:See also
260:Deloitte
192:Products
96:Products
31:Industry
729:Stryker
631:MD News
435:Reuters
171:History
153:Stryker
149:Florida
113:Revenue
65: (
60:Defunct
49:Founder
41:Founded
408:
240:Awards
165:NASDAQ
969:2013
947:2013
921:2013
895:2013
866:2021
840:2021
814:2021
788:2021
762:2021
736:2022
711:2013
662:2013
616:2013
590:2013
559:2013
517:2013
470:2013
406:ISSN
383:2013
338:2013
75:Fate
44:2004
208:in
1001::
912:.
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69:)
Text is available under the Creative Commons Attribution-ShareAlike License. Additional terms may apply.
