Medtronic Plc - Company Profile

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Medtronic Plc: Overview

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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
Website www.medtronic.com
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* $106.4B
Net Profit Margin (2023) XYZ -24.3% (2023 vs 2022)
* As of and is in US$
View Medtronic Plc financials
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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A database of clinical trials planned, currently ongoing, completed, suspended, withdrawn, and terminated in countries around the world.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
2023 Regulatory Approval In October, the company secured an approval from the U.S. Food and Drug Administration for the Aurora EV-ICD MRI SureScan (Extravascular Implantable Cardioverter-Defibrillator) and Epsila EV MRI SureScan defibrillation lead to treat dangerously fast heart rhythms that can lead to sudden cardiac arrest (SCA).
2023 Contracts/Agreements In September, Medtronic Canada entered into a partnership with FluidAI Medical to revolutionize Canadian healthcare through the Continuous Connected Patient Care project under Canada's Global Innovation Cluster for digital technologies.
2023 New Products/Services In July, the company expanded coverage for spinal cord stimulation (SCS) therapy for patients with painful diabetic peripheral neuropathy (DPN).
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Competitor Comparison

Key Parameters Medtronic Plc Abbott Laboratories Siemens Healthineers AG Becton Dickinson and Co Stryker Corp
Headquarters Ireland United States of America Germany United States of America United States of America
City Dublin Abbott Park Erlangen Franklin Lakes Kalamazoo
State/Province - Illinois Bayern New Jersey Michigan
No. of Employees 95,000 115,000 70,800 77,000 51,000
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 Senior Vice President; Chief Communications Officer Executive Board 2021 -
Karen L. Parkhill Chief Financial Officer; Executive Vice President Senior Management 2016 57
Jennifer Kirk Chief Accounting Officer; Global Controller; Principal Accounting Officer Senior Management 2021 -
Laura Mauri Senior Vice President; Chief Scientific, Medical and Regulatory Officer Senior Management 2022 -
Non Dignissim Eros Proin vel Convallis 2023 XY
Non Dignissim Eros Proin vel Convallis 2023 XY
Non Dignissim Eros Proin vel Convallis 2023 XY
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