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Product / Company Performance

Mazor Robotics 4Q16 and 2016 Revenue -

Mazor Robotics reported 2016 revenue of US $36.4MM, +39.1% from 2015, with 4Q16 revenue of $14.0MM, +59.1% vs. 4Q15.

  • During 4Q, received purchase orders for 21 systems, ending 2016 with a backlog of 21 systems including 18 Mazor X systems
  • Received four U.S. orders to trade in Renaissance for Mazor X
  • Sold no units to ASCs during 4Q
  • Full year orders numbered 62, +138% vs. 2015; of these, 15 ordered by Medtronic
  • Globally, 149 systems sold worldwide (U.S. 94)
  • 20 capital sales reps at close of 4Q

Sources: Mazor Robotics Ltd.; ORTHOWORLD Inc.

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