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Medtronic
AddedFeb 13, 2024
UpdatedJun 28, 2026
Medtronic

Medtronic

Public

Medtronic, PLC: Global developer of therapeutic and diagnostic medical devices for comprehensive cardiac and pain management.

HQ
Minneapolis, MN, US
Founded
1949
Overview
Compare
Fundraising
Employees
Website

Founded in 1949, Medtronic, PLC is a global leader in the development of therapeutic and diagnostic medical devices. With its legal headquarters in Dublin, Ireland, and operational headquarters in Minneapolis, Minnesota, the company focuses on comprehensive cardiac and pain management solutions. Medtronic's core mission is to alleviate pain, restore health, and extend life through innovative medical technology. Their product portfolio includes devices for bradycardia pacing, tachyarrhythmia management, atrial fibrillation management, heart failure management, heart valve replacement, and treatments for both malignant and non-malignant pain and movement disorders.

Key figures associated with Medtronic include Geoff Martha, Chairman and CEO, and Karen L. Parkhill, CFO. The company is publicly traded on the NYSE under the ticker MDT and is a component of both the S&P 100 and S&P 500 indices. In 2023, Medtronic reported revenues of $31.23 billion and a net income of $3.76 billion. Celebrating its 75th anniversary, Medtronic has a storied history of innovation, from pioneering the first battery-powered pacemaker to leveraging AI for advanced cancer screening. Its impact on global healthcare is profound, continually pushing the boundaries of medical technology to improve patient outcomes worldwide.

Medtronic - Quick Facts

When was Medtronic founded?

Medtronic was founded in 1949.

Where is Medtronic's headquarters located?

Medtronic's headquarters is located in Minneapolis, MN, US.

When was Medtronic's last funding round?

Medtronic's most recent funding round was for $2B (USD) in March 2023.

How much has Medtronic raised to-date?

As of Mar 23, 2023, Medtronic has raised a total of $5.9B (USD).

How many employees does Medtronic have?

Medtronic has 86,000 employees as of Feb 6, 2024.

Medtronic - Classification

Industry
  • Hardware
Ownership
  • Public
Technology
  • AI
  • HealthTech
Geographic Exposure
  • Global
Revenue
  • Recurring
  • Transactional
Customer
  • Consumers
  • Enterprise
Main Product
  • Medical Devices
Tags
  • Healthtech
  • Medical
Unique IDs
  • ein: 000000000
  • secCik: 0001613103
  • ticker: MDT
NAICS
  • 320000Manufacturing
  • 325400Pharmaceutical and Medicine Manufacturing
  • 325000Chemical Manufacturing
  • 325410Pharmaceutical and Medicine Manufacturing
SIC
  • 5000Wholesale Trade-durable Goods
  • 5040Professional And Commercial Equipment And Supplies
  • 5047Medical, Dental, And Hospital Equipment And Supplies
ISIC
  • 2660Manufacture of irradiation, electromedical and electrotherapeutic equipment
  • 3250Manufacture of medical and dental instruments and supplies
  • 8620Medical and dental practice activities
Show 25 more industry codes
NAICS
  • 334500Navigational, Measuring, Electromedical, and Control Instruments Manufacturing
  • 334510Navigational, Measuring, Electromedical, and Control Instruments Manufacturing
  • 334517Irradiation Apparatus Manufacturing
  • 339100Medical Equipment and Supplies Manufacturing
  • 339110Medical Equipment and Supplies Manufacturing
  • 339112Surgical and Medical Instrument Manufacturing
  • 621000Ambulatory Health Care Services
  • 621100Offices of Physicians
  • 621110Offices of Physicians
  • 621111Offices of Physicians (except Mental Health Specialists)
  • 330000Manufacturing
  • 620000Health Care and Social Assistance
  • 334000Computer and Electronic Product Manufacturing
  • 339000Miscellaneous Manufacturing
  • 623000Nursing and Residential Care Facilities
SIC
  • 3840Surgical, Medical, And Dental Instruments And Supplies
  • 3841Surgical And Medical Instruments And Apparatus
  • 3845Electromedical And Electrotherapeutic Apparatus
  • 8010Offices And Clinics Of Doctors Of Medicine
  • 8011Offices And Clinics Of Doctors Of Medicine
  • 3900Miscellaneous Manufacturing Industries
  • 4000Railroad Transportation
  • 8000Health Services
  • 8040Offices And Clinics Of Other Health Practitioners
  • 8049Offices And Clinics Of Health Practitioners, Not Elsewhere Classified