October 18, 2019
Seeking Alpha
Medtronic is a medical technology and services firm that manufactures devices and therapies to treat for chronic disease... Read more
Medtronic's Competitors, Revenue, Number of Employees, Funding and Acquisitions
Followers on Owler
39,418
Followers on Owler
Based on data from Medtronic's latest SEC filings
Annual Revenue
Based on data from Medtronic's latest SEC filings
Employees
Chairman & CEO
Omar Ishrak
OVERVIEW
Founded:
1949
Headquarters:
MinneapolisMinnesota
Status:
PublicIndependent Company of NYSEMDT
Industry Sector:
Health Care Equipment
SIC Code:
8090NAICS listing »
5047NAICS listing »
Top Competitors or Alternatives
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Help the Owler community know moreTrending News for Medtronic and Medtronic's Competitors
October 18, 2019
The New York Times
Johnson & Johnson Settles Pelvic Mesh Sale Claims for $117 Million
The agreement covers claims by 41 states and the District of Columbia that the company misrepresented... See more »
October 16, 2019
Reuters
Abbott Labs trims profit forecast after revenue miss
Medical device maker Abbott Laboratories fell just short of Wall Street estimates for quarterly reven... See more »
Competitive Analysis
TOP COMPETITORS OR ALTERNATIVES
Boston Scientific is one of Medtronic's top rivals. Boston Scientific is a Public company that was founded in 1979 in Marlborough, Massachusetts. Like Medtronic, Boston Scientific also works within the Health Care Equipment industry. Compared to Medtronic, Boston Scientific has 54,000 fewer employees.
RANK
COMPANY
LEADERSHIP
EMPLOYEES
TOTAL FUNDING
REVENUE
Quarterly and Annual Revenue
Trailing 12-Months Trend (TTM)
Annual Revenue
$30.7B
Medtronic's revenue is the ranked 3rd among it's top 10 competitors. The top 10 competitors average 19B. Over the last four quarters, Medtronic's revenue has grown by $12M. Specifically, in Q3 2019's revenue was $7.5B; in Q2 2019, it was $8.1B; in Q1 2019, it was $7.5B; in Q4 2018, Medtronic's revenue was $7.5B.
Acquisitions
COMPANY ACQUIRED
ACQUISITION DATE
AMOUNT
DESCRIPTION
AV Medical Technologies Ltd.
Oct 2019
Source »$30M
AV Medical is a medical device company that designs and develops catheters for dialysis patients undergoing routine angioplasty procedures.
Titan Spine, Inc.
May 2019
Source »undisclosed
Titan Spine designs and manufactures interbody fusion devices for the treatment of spinal disorders.
Nutrino Health Ltd.
Nov 2018
Source »undisclosed
Nutrino is a nutritional analytics platform that provides personalized insights on the impact of the food they eat.
Mazor Robotics Ltd.
Sep 2018
Source »$1.6B
Mazor Robotics develops a robotic guidance system for the treatment of spine and brain disorders.
Visionsense Ltd.
Apr 2018
Source »$40M
Visionsense develops a minimally invasive stereoscope camera that offers 3D visualization and medical imaging solutions for surgical applications.
These are all the companies that Medtronic has acquired. Medtronic has acquired 26 companies and its latest acquisition was AV Medical Technologies Ltd. in Oct 2019. AV Medical is a medical device company that designs and develops catheters for dialysis patients undergoing routine angioplasty procedures.
Investments
FOLLOW STATUS
COMPANY
DESCRIPTION
AMOUNT
INVESTMENT DATE
ROUND
EXIT DATE
These are all the companies that Medtronic has invested in. Medtronic has invested 26 companies and its latest investment was AV Medical Technologies Ltd. in Oct 2019. AV Medical is a medical device company that designs and develops catheters for dialysis patients undergoing routine angioplasty procedures.
Medtronic News
October 15, 2019MassDevice
How Medtronic could help change healthcare for the better
Medtronic officials want the world's largest medtech company to do more than just make medical device... See more »
October 14, 2019StartTribune
MDI, Medtronic, others form coalition to support hiring disabled workers with disabilities
MDI, the light manufacturer that employs a workforce of nearly 50% people with disabilities, Medtroni... See more »
October 12, 2019Volanews
Medtronic to Buy Israeli Catheter Developer AV Medical for $30 Million
Born in 2018, Volanews is a bilateral information platform between China and global emerging markets ... See more »
October 11, 2019Becker's Spine Review
$50M Medtronic expansion to create 500+ jobs in Puerto Rico
Medtronic is investing more than $50 million into its manufacturing operations in Puerto Rico, Caribb... See more »
October 10, 2019BioPortfolio
FDA grants Breakthrough Device Designation for Medtronics Valiant TAAA System
Medtronic has secured Breakthrough Device designation from the US Food and Drug Administration FDA fo... See more »
October 9, 2019Zacks
Medtronic Submits Two Pelvic Health Devices for FDA's PMA
Medtronic's (MDT) filing for both its InterStim products to gain FDA's PMA is its essential bid to bo... See more »
October 9, 2019FE Investegate
FDA Classifies Medtronic Sherpa Delivery Catheter Field Action Initiated in March 2019 as Class I Recall
9:00 PM: FDA Classifies Medtronic Sherpa Delivery Catheter Field Action Initiated in March 2019 as Cl... See more »
Medtronic Blogs
August 27, 2015MEDTRONIC BLOG
Steroids And Diabetes: The Effect On Your Glucose Levels
Autumn is approaching with its beautiful fall foliage, hayrides at the pumpkin patch, and harvest fes... See more »
August 25, 2015MEDTRONIC BLOG
Nighttime With Threshold Suspend
Diagnosed with diabetes at the age of 8, before blood glucose (BG) meters, Donna Winchester monitored... See more »
August 20, 2015MEDTRONIC BLOG
4 Routines For Managing Diabetes In High School
MiniMed Ambassador Addie is your classic cheerful high-school teenager who loves napping, is working ... See more »
August 18, 2015MEDTRONIC BLOG
10 Best Practice Tips For Insulin Pump Care
Properly caring for your insulin pump is important to help protect its longevity. We've compiled this... See more »
August 13, 2015MEDTRONIC BLOG
Rest Up: 10 Tips To Improve How Well You're Sleeping
Anyone who's tossed and turned throughout the night, or has woken up feeling sluggish, knows how impo... See more »
August 11, 2015MEDTRONIC BLOG
Managing Diabetes In School: From Pre-School To College
Starting a new school year often involves gathering school supplies and picking out a first-day-of-sc... See more »
August 6, 2015MEDTRONIC BLOG
Diabetes Camp: From Camper To Camp Counselor
As a place to learn self-confidence, independence, be with other kids with diabetes, and simply have ... See more »
Medtronic Press Releases
April 17, 2019Industry Today
Medical Adhesive Tapes 2019 Global Market Key Players - 3M, Johnson & Johnson, Smith & Nephew, Medtronic, Nitto Medical, Cardinal Health, Henkel, Beiersdorf - Analysis and Forecast to 2024
WiseGuyRerports.com Presents "Global Medical Adhesive Tapes Market 2019 by Manufacturers, Regions, Ty... See more »
March 8, 2019centralcharts
Medtronic Announces Cash Dividend for Fourth Quarter of Fiscal Year 2019
The board of directors of Medtronic plc (NYSE:MDT) today approved the fiscal year 2019 fourth quarter... See more »
March 6, 2019streetinsider
Medtronic Announces the Pricing Terms of its Cash Tender Offers for Certain Outstanding Debt Securities Issued by Medtronic, Inc. and Covidien International Finance S.A.
Medtronic plc (the "Company") (NYSE: MDT) today announced the pricing terms of the previously-announc... See more »
February 14, 2019StreetInsider
Medtronic and Medical University of South Carolina Partner to Improve Patient Outcomes
Medtronic plc (NYSE: MDT) and the Medical University of South Carolina (MUSC) today announced a five-... See more »
February 7, 2019Industry Today
Dermabrasion & Microneedling Market 2019 Global Analysis By Key Players - Stryker, CONMED Corporation, Medtronic, MicroAire Surgical Instruments, George Tiemann & Co
WiseGuyReports.Com Publish a New Market Research Report On -" Dermabrasion & Microneedling Market 201... See more »
January 15, 2019PRZOOM
Imec and CARDIS Partners Develop Unique Photonic-based Medical Device for the Screening of Arterial Stiffness
PRZOOM - Newswire (press release) - 2019/01/15, Leuven, Belgium - Imec, and Ghent University, togethe... See more »
Medtronic Videos
February 27, 2019Medtronic Vimeo Channel
"NSM Meeting Kick-Off Video FINAL" on VIMEO
Cast: MDT Transformative Solutions... See more »
February 27, 2019Medtronic Vimeo Channel
"A Day In The Life Video FINAL" on VIMEO
Cast: MDT Transformative Solutions... See more »
February 27, 2019Medtronic Vimeo Channel
"71-10-2570 A Brief History of Locks FINAL" on VIMEO
Cast: MDT Transformative Solutions... See more »
February 27, 2019Medtronic Vimeo Channel
"Bundle Up Video Draft" on VIMEO
Cast: MDT Transformative Solutions... See more »
February 27, 2019Medtronic Vimeo Channel
"WWSD All Skits 11-16-15" on VIMEO
Cast: MDT Transformative Solutions... See more »
February 27, 2019Medtronic Vimeo Channel
"Max Hammertime and the Legend of the Golden Hammer" on VIMEO
Cast: MDT Transformative Solutions... See more »
February 27, 2019Medtronic Vimeo Channel
"BSC91Launch Max Hammertime" on VIMEO
Cast: MDT Transformative Solutions... See more »
Social Statistics
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Summary
ABOUT
Overview
Medtronic plc (NYSE: MDT) is a medical technology and services firm that manufactures devices and therapies to treat for chronic diseases. It develops therapeutic and diagnostic medical products, which include those for bradycardia pacing, tachyarrhyt...
CEO
Medtronic's Chairman & CEO, Omar Ishrak, currently has an approval rating of 80%. Medtronic's primary competitors are Boston Scientific, C. R. Bard & Abbott.Website
medtronic.comFrequently Asked Questions about Medtronic
When was Medtronic founded?
Medtronic was founded in 1949Who is Medtronic's CEO?
Medtronic's CEO is Omar IshrakHow much revenue does Medtronic generate?
Medtronic generates $30.7B in revenueHow much funding does Medtronic have?
Medtronic has historically raised $0 in fundingWhere is Medtronic's headquarters?
Medtronic's headquarters is in Minneapolis Minnesota, USA
How many employees does Medtronic have?
Medtronic has 86,000 employeesWhat sector does Medtronic operate in?
Medtronic is in Health Care EquipmentWho are Medtronic's competitors?
Medtronic's top competitors are Boston Scientific, C. R. Bard, AbbottWho has Medtronic invested in?
Medtronic's has invested in companies such as Saluda Medical, FIRE1, AEGEA Medical
