About Medtronic
Medtronic is a company based in Minneapolis (United States) founded in 1949 by Palmer Hermundslie. The company has 95,000 employees as of April 30, 2024. Medtronic has completed 70 acquisitions, including A.T.S Medical, AMT AG and ATS Medical. Medtronic operates in a competitive market with competitors including GE Healthcare, Boston Scientific, CONMED, Johnson & Johnson and Commure, among others.
- Headquarter Minneapolis, United States
- Employees 95000 as on 30 Apr, 2024
- Founders Palmer Hermundslie
- Stage Public
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Sectors
Healthcare
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Email
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Phone
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Website
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Social
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- Legal Name Medtronic Plc.
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Annual Revenue
$33.54 B (USD)3.62as on Apr 30, 2025
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Net Profit
$4.66 B (USD)26.82as on Apr 30, 2025
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EBITDA
$9.05 B (USD)8.06as on Apr 30, 2025
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Latest Funding Round
$34.74 K (USD), Grant
Oct 01, 2022
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Investors
Blackstone
& 3 more
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Employee Count
95000
as on Apr 30, 2024
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Investments & Acquisitions
A.T.S Medical
& 69 more
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IPO & Listings of Medtronic
Medtronic is a publicly listed company on the NYSE with ticker symbol MDT in USA, operating in the Health technology sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
People of Medtronic
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Software Development Team
362 people
Leadership Team
153 people
Sales and Marketing
123 people
Senior Team
61 people
Product Management Team
61 people
Finance and Accounting
52 people
Human Resources and Administration
40 people
Principal Team
28 people
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Funding Insights of Medtronic
Investors in Medtronic
Medtronic has secured backing from 4 investors, including institutional and venture fund investors. Prominent investors backing the company include Blackstone, gov.il and European Union.
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Diversified investment management is provided across multiple asset classes.
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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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Waratah Capital Advisors is recognized as a Toronto-based asset manager specializing in alternative investment strategies.
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Investor details for Medtronic
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Investments & Acquisitions by Medtronic
Medtronic has strategically engaged in corporate development activities, having acquired 70 companies. Notable acquisitions include A.T.S Medical, AMT AG and ATS Medical.
Investment portfolio details for Medtronic
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- Transaction dates
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Syringes are manufactured by A.T.S Medical in Egypt.
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Supplier of agricultural commodities and feed components
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Behavioral changes are monitored by AI-powered wearable devices.
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Complete acquisition details for Medtronic
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Financial Statements - Medtronic
Detailed financials for Medtronic
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- Profit trends
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Medtronic Comparisons
Peer comparison for Medtronic
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Competitors of Medtronic
Medtronic operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as GE Healthcare, Boston Scientific, CONMED, Johnson & Johnson and Commure, among others.
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Materials management solutions are provided for healthcare organizations.
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Wide range of medical devices
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Surgical instruments are manufactured for multiple therapeutic areas.
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Healthcare solutions are provided by Johnson & Johnson globally.
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Complex healthcare challenges are addressed through technology solutions by Commure.
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Detailed competitors of Medtronic
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Latest news on Medtronic
Complete news archive for Medtronic
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Frequently Asked Questions about Medtronic
Medtronic was founded in 1949 and raised its 1st funding round 60 years after it was founded.
Medtronic is headquartered in Minneapolis, United States. It is registered at Minneapolis, Minnesota, United States.
Geoffrey S Martha is the current CEO of Medtronic.
As of Apr 30, 2024, the latest employee count at Medtronic is 95,000.
Annual revenue of Medtronic is $33.54B as on Apr 30, 2025.
Founded in 1949 and headquartered in Minneapolis, United States, Medtronic operates in the medical devices sector. Solutions are provided for managing chronic conditions such as heart failure, Parkinsons disease, urinary incontinence, obesity, chronic pain, spinal disorders, and diabetes. Intraoperative neuromonitoring devices, ablation systems, and neurostimulation technologies are included in the general surgery offerings. Annual revenues of 30.77 billion and net profit of 4.07 billion were recorded in 2022.
Medtronic's top competitors include GE Healthcare, Boston Scientific and Johnson & Johnson.
Yes, Medtronic is publicly traded on NYSE under the ticker symbol MDT.
Medtronic has made 70 acquisitions, including A.T.S Medical, AMT AG, and ATS Medical.
Medtronic has 4 investors. Key investors include Blackstone, gov.il, European Union, and Waratah Capital Advisors.
The ticker symbol of Medtronic is MDT on NYSE.