Medtronic
↗Dublin, Ireland
Medtronic is the world's largest medical technology company, dedicated to alleviating pain, restoring health, and extending life. The company develops and manufactures a vast array of medical devices and therapies, ranging from pacemakers and insulin pumps to advanced robotic-assisted surgery systems and AI-driven diagnostic tools.
Operating in more than 150 countries, Medtronic is organized into four main portfolios: Cardiovascular, Neuroscience, Medical Surgical, and Diabetes. The company is currently undergoing a strategic transformation, including the planned separation of its Diabetes business into a standalone entity named MiniMed to focus on high-growth interventional areas.
CLASSIFICATION
SIZE & FINANCIALS
Employees:10000+
Revenue:$33.5B
Founded:1949
Ownership:public
Status:operating
FUNDING
Stage:Public
STOCK
Exchange:NYSE
Ticker:MDT
Market Cap:$127.5B
PIPELINE
Stage:Commercial
Lead Drug Stage:Commercial
Modalities:Implantable Devices, Robotic-Assisted Surgery, AI/ML Software, Neuromodulation, Ablation Technology
Active Trials:170
Trial Phases:Phase 1: 20 | Phase 2: 40 | Phase 3: 60 | Phase 4: 50
FDA Approvals:1200
EMA Approvals:500
CORPORATE STRUCTURE
Subsidiaries:Medtronic Canada ULC, Covidien, Mazor Robotics, MiniMed (Pending Spin-off)
Key Partnerships:Abbott (CGM global partnership), NVIDIA (Edge AI for GI Genius), Philips (Stroke advocacy), Modernizing Medicine (EHR integration)
COMPETITION
Position:Leader
Competitors:Abbott Laboratories, Boston Scientific, Johnson & Johnson MedTech, Stryker, Siemens Healthineers, GE HealthCare
LEADERSHIP
Key Executives:
Geoff Martha - Chairman & CEO
Thierry Piéton - CFO
Scientific Founders:Earl Bakken, Palmer Hermundslie
Board Members:John Groetelaars, Bill Jellison, Lidia Fonseca, Scott C. Donnelly
LINKS
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