When was Medtronic founded?

Medtronic was founded in 1949 Learn more about Medtronic

Who is Medtronic's CEO?

Medtronic's CEO is Geoffrey S. Martha View the CEO's ratings

How much revenue does Medtronic generate?

Medtronic generates $27.9B in revenue View quarterly and annual revenue performance

How much funding does Medtronic have?

Medtronic has historically raised $0 in funding More about funding for Medtronic

Where is Medtronic's headquarters?

Medtronic's headquarters is in Minneapolis Minnesota, USA See the address and contact information for Medtronic

How many employees does Medtronic have?

Medtronic has 86,000 employees Learn more about Medtronic

What sector does Medtronic operate in?

Medtronic is in Health Care Equipment Learn more about Medtronic competitors in Health Care Equipment

Who are Medtronic's competitors?

Medtronic's top competitors are Boston Scientific, C. R. Bard, Abbott View the full list of Medtronic competitors

Who has Medtronic invested in?

Medtronic's has invested in companies such as Scivita Medical, BrainsGate, Sinovation Med More about Medtronic investments

Overview Competitors Acquisitions Funding News & Insights

Medtronic

Medtronic is a medical technology and services firm that manufactures devices and therapies to treat for chronic diseases. Read more

40,334 Followers on Owler

Medtronic

Medtronic is a medical technology and services firm that manufactures devices and therapies to treat for chronic diseases. Read more

CEO

Geoffrey S. Martha

CEO Approval Rating

86/100

Founded:

1949

Status:

PublicIndependent CompanyNYSEMDT

SIC Code:

5047 NAICS listing »

Website:

https://www.medtronic.com/

Annual Revenue

Employees

Sector

Health Care Equipment

Headquarters

Minneapolis

Minnesota

MEDTRONIC TOP COMPETITORS OR ALTERNATIVES

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The top 10 competitors in Medtronic's competitive set are Boston Scientific, C. R. Bard, Abbott, Johnson & Johnson, Baxter, BD, Stryker, Zimmer Biomet, Biotronik, Dexcom, Spine Wave, Globus Medical, Cardinal Health, SeaSpine, Nuova Ompi Srl, West Pharmaceutical Services Inc, Roche, Novartis, NuVasive, Pfizer and GSK. Together they have raised over 3.8B between their estimated 939.1K employees. Medtronic has 86,000 employees and is ranked 6th among it's top 10 competitors. The top 10 competitors average 43,687.

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 48,000 fewer employees.

C. R. Bard is seen as one of Medtronic's biggest rivals. C. R. Bard was founded in 1907 in Murray Hill, New Jersey. Like Medtronic, C. R. Bard also competes in the Health Care Equipment sector. C. R. Bard generates $24.2B less revenue than Medtronic.

Abbott is one of Medtronic's top competitors. Abbott was founded in 1888, and its headquarters is in Abbott Park, Illinois. Like Medtronic, Abbott also competes in the Health Care Equipment space. Abbott has 23,000 more employees than Medtronic.

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Medtronic Quarterly and Annual Revenue

Trailing 12-Months Trend (TTM)

Annual Revenue

$27.9B

Medtronic's revenue is the ranked 7th among it's top 10 competitors. The top 10 competitors average 24.5B. Over the last four quarters, Medtronic's revenue has grown by 29.6%. Specifically, in Q1 2021's revenue was $7.8B; in Q4 2020, it was $7.6B; in Q3 2020, it was $6.5B; in Q2 2020, Medtronic's revenue was $6B.

Medtronic Acquisitions

COMPANY ACQUIRED

ACQUISITION DATE

AMOUNT

DESCRIPTION

Avenu Medical, Inc.

Oct 2020

Source »

undisclosed

Avenu Medical is a medical device company that develops and manufactures image-guided catheter systems for hemodialysis therapy.

-

Ai Biomed Corp.

Oct 2020

Source »

undisclosed

-

Aug 2020

Source »

undisclosed

Medicrea International SA

Jul 2020

Source »

$154.4M

Medicrea is a medical device company that develops and manufactures implant systems for the treatment of spinal disorders.

Laser Associated Sciences, Inc.

Apr 2020

Source »

undisclosed

LAS is a producer and supplier of optical biometric sensors for healthcare applications.

+ See more acquisitions

These are all the companies that Medtronic has acquired. Medtronic has acquired 44 companies and its latest acquisition was Avenu Medical, Inc. in Oct 2020. Avenu Medical is a medical device company that develops and manufactures image-guided catheter systems for hemodialysis therapy.

Medtronic Funding History

No recent funding data found related to Medtronic

Medtronic Investments

Scivita Medical is a China-based medical device company that designs and distributes endoscopes, 3D imaging devices and related equipment for the healthcare industry.

$61.6M

Apr 25, 2021

Series A

BrainsGate is a medical device company that designs and markets electrical SPG stimulation systems to treat stroke and vascular dementia diseases.

$14M

Dec 05, 2020

Series F

Sinovation Med is a medical device company that designs and manufactures medical navigation and surgical robots for the health care center.

Jul 21, 2020

Corporate Round

Saluda Medical is a New South Wales-based designer and manufacturer of spinal cord stimulation systems for the treatment of axial back pain.

Jun 27, 2019

Debt

FIRE1 develops and commercializes novel therapeutic remote-monitoring devices for heart failure patients.

$49.6M

Jan 29, 2018

Series C

These are all the companies that Medtronic has invested in. Medtronic has invested 44 companies and its latest investment was Avenu Medical, Inc. in Oct 2020. Avenu Medical is a medical device company that develops and manufactures image-guided catheter systems for hemodialysis therapy.

Medtronic News

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May 4, 2021Medical Device Network

Medtronic receives CE mark for severe aortic stenosis treatment system

The post Medtronic receives CE mark for severe aortic stenosis treatment system appeared first on Ve... See more »

April 28, 2021CompanyNews HQ

Procedure-Related Techniques and Care Pathways from the OPTIMIZE PRO Clinical Study Show Promising Early Outcomes for Patients Implanted with the Medtronic Evolut TAVR System | Medtronic

DUBLIN, April 28, 2021 /PRNewswire/ - Medtronic plc (NYSE:MDT), the global leader in medical technolo... See more »

April 28, 2021NS Medical Devices

Medtronic gets FDA nod to begin TNM device trial for bladder incontinence

The post Medtronic gets FDA nod to begin TNM device trial for bladder incontinence appeared first on ... See more »

April 28, 2021Medical Product Outsourcing

Medtronic's Emprint Ablation Catheter Kit Receives FDA Breakthrough Designation

Minimally invasive option has potential to provide long-term management of lung malignancies while pr... See more »

April 27, 2021Medical Product Outsourcing

Medtronic, Surgical Theater Partner for AR Platform in Cranial Procedures

SyncAR integrates with StealthStation S8 Surgical Navigation System for augmented reality (AR) platfo... See more »

April 27, 2021Biospectrum Asia

Scivita Medical raises RMB 0.4 B to build innovative endoscope portfolio

Series A funding round reflects the recognition of Scivita Medical in the field of endoscope... See more »

April 22, 2021Medical Buyer

Medtronic receives FDA approval for Pipeline Flex Embolization Device with shield technology

Medtronic plc , the global leader in medical technology, today announced it has received approval fro... See more »

Medtronic Blogs

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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

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March 9, 2021TheNewswire

Medtronics Online Solutions to Extend Lockup of Facedrive Stock

March 9th, 2021 - TheNewswire - Medtronics Online Solutions ("Medtronics") following the decision of ... See more »

January 26, 2021CSRwire

Medtronic Releases Second Annual Inclusion, Diversity, and Equity Report

Medtronic today issued "The People Behind Our Mission: 2020 Global Inclusion, Diversity, and Equity R... See more »

January 12, 2021PR Newswire

Mended Hearts' Pace of Mind Campaign Educates Patients Diagnosed With Heart Conditions About New Pacing Options

ALBANY, Ga., Jan. 12, 2021 /PRNewswire/ -- Mended Hearts, Inc. today announced the launch of a new ed... See more »

January 11, 2021Cision Canada

Medtronic Evolut TAVI Now Licensed for Both Bicuspid Aortic Valves at Intermediate or Greater Risk and for Low Risk of Surgical Mortality

/CNW/ - Medtronic Canada ULC, a subsidiary of Medtronic plc (NYSE: MDT) ― the world's largest medical... See more »

January 4, 2021Cision Canada

Medtronic Chairman and CEO Geoff Martha to Speak at J.P. Morgan Healthcare Conference

/CNW/ -- Medtronic plc (NYSE:MDT), the global leader in medical technology, today announced it will p... See more »

November 13, 2020Cision Canada

Medtronic Canada Recognized as one of Canada's Top 100 Employers for 2021

/CNW/ - Medtronic Canada ULC, a subsidiary of Medtronic plc (NYSE: MDT), announced today that it has ... See more »

October 27, 2020Business Wire

Melzi Sharps Finder Is Now Listed With FDA and Ready for Human Use

RENO, Nev.--(BUSINESS WIRE)-- #RoboticSurgery--Helping surgeons to inspect the surgical area for lost... See more »