Medtronic may have moved its head office to Dublin, Ireland 2015 for tax reasons, but it has been headquartered in Minnesota for more than 60 years and still has the majority of its sales through the US healthcare system.
Medtronic, who employs about 90,000 people in 150 countries, is at the forefront of medical technology. Although Medtronic’s sales fell 4% in 2020, the results were in line with the effects of deferred treatments in medical equipment as a result of pandemic. Medtronic’s pipeline continues to operate therapeutic innovation, despite a number of recent approvals and delayed product introductions.
Despite Covid-19, the world’s smallest pacemaker for bradyarrhythmia, Micra VR and Micra, was launched in the United States and worked well. In order to maintain its industry -leading pipeline of creative ideas, the company will continue to invest in innovation in the future. They have also completed a number of acquisitions, including digital surgery, Medicrea and Companion Medical, all of which will help them accelerate their growth in the future.
Its total revenue in 2020 is expected to be approximately $ 30.5 billion and employs over 100,000 people worldwide.
Founded: 1949
Head office: Dublin, Ireland
Revenue: $ 30.12 billion
Website: https://europe.medtronic.com/xdnex.html
