Medtronic Plc - Company Profile

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Medtronic Plc (Medtronic), formerly Medtronic Inc, is a medical technology company that designs, develops, manufactures and markets medical devices and solutions. It offers products for the treatment of heart valve disorders, heart failure, diseases of the coronary artery, aortic, peripheral vascular, venous renal and neurological diseases, spine and musculoskeletal disorders and diseases of the ear, nose, and throat. It also provides biologic solutions for the orthopedic and dental markets. It offers its products to hospitals, third-party healthcare providers, clinics, institutions including governmental healthcare programs, distributors, and group purchasing organizations in Asia Pacific, Europe, the Americas, the Middle East and Africa. Medtronic is headquartered in Dublin, Ireland.

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Headquarters Ireland

Address 20 On Hatch, Hatch Street Lower, Dublin, 2


Telephone 353 1 4381700

No of Employees 95,000

Industry Medical Equipment

Ticker Symbol & Exchange MDT (NYSE)

Revenue (2023) $31.2B -1.4% (2023 vs 2022)

EPS XYZ

Net Income (2023) XYZ -25.4% (2023 vs 2022)

Market Cap* $110.7B

Net Profit Margin (2023) XYZ -24.3% (2023 vs 2022)

* As of and is in US$
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Medtronic Plc premium industry data and analytics

2,500+

Medical Clinical Trials

A database of clinical trials planned, currently ongoing, completed, suspended, withdrawn, and terminated in countries around the world.

170+

Medical Pipeline Products

A database of medical devices that are in the process to get approved for sale around the world. Devices that are in development, through to those in the approval process are included.

1

ICT Spend & Tech Priorities

IT Client Prospector provides intelligence on Medtronic Plc’s likely spend across technology areas enabling you to understand the digital strategy.

Products and Services

Products Brands
Advanced Surgical Technology: Accu-Temp
Electrosurgical Hardware ACT Plus
Electrosurgical Instruments Atlantis
XYZ XYZ
XYZ XYZ
XYZ XYZ
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History

History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.

Year Event Description
2024 Regulatory Approval In January, the company received approval for the Percept RC deep brain stimulation (DBS) system form the US Food and Drug Administration to help improve treatment for movement disorders.
2023 Contracts/Agreements In December, the company and Cosmo Intelligent Medical Devices entered into a collaboration to transform the field of endoscopy through the utilization of artificial intelligence to enhance patient outcomes.
2023 Regulatory Approval In December, the company secured approval from the United States Food and Drug Administration (FDA) for the PulseSelect Pulsed Field Ablation (PFA) System to treat patients with both paroxysmal and persistent atrial fibrillation (AF).
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Competitor Comparison

Key Parameters Medtronic Plc Abbott Laboratories Siemens Healthineers AG Stryker Corp Becton Dickinson and Co
Headquarters Ireland United States of America Germany United States of America United States of America
City Dublin Abbott Park Forchheim Kalamazoo Franklin Lakes
State/Province - Illinois - Michigan New Jersey
No. of Employees 95,000 114,000 71,400 52,000 73,000
Entity Type Public Public Public Public Public
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Executives
Name Position Board Since Age
Geoffrey S. Martha Chief Executive Officer; Chairman Executive Board 2020 53
Torod Neptune Chief Communications Officer; Senior Vice President Executive Board 2021 -
Karen L. Parkhill Executive Vice President; Chief Financial Officer Senior Management 2016 57
Jennifer Kirk Principal Accounting Officer; Global Controller; Chief Accounting Officer Senior Management 2021 -
Scott Cundy Senior Vice President; Chief Quality Officer Senior Management 2023 -
Non Dignissim Eros Proin vel Convallis 2024 XY
Non Dignissim Eros Proin vel Convallis 2024 XY
Non Dignissim Eros Proin vel Convallis 2024 XY
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