About
Medtronic is a global leader in medical technology, founded in 1949 in Minneapolis, Minnesota, by Earl Bakken and Palmer Hermundslie. Initially a medical equipment repair shop, the company quickly became known for its innovations, including the first battery-powered external pacemaker in 1957. Medtronic's mission is to alleviate pain, restore health, and extend life through high-quality medical technologies. The company develops a wide range of medical devices and therapies across several areas. In cardiac and vascular care, it offers implantable pacemakers and defibrillators. Medtronic also specializes in neurological therapies, diabetes management devices, and minimally invasive surgical technologies. Additionally, it has made advancements in remote monitoring and digital health, enhancing patient care through secure data transfer. With operations in over 160 countries and approximately 84,000 employees, Medtronic impacts the lives of more than 70 million people annually, serving hospitals and healthcare providers worldwide.
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Company Information
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Employees 95000
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Founded 1949
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Annual Revenue $33537000000
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Total Funding $5248414500
Location
710 Medtronic Parkway Northeast, Minneapolis, Minnesota, United States, 55432