Medtronic
Founded: 1949
Headquarters: Dublin, Ireland
Revenue: 30,12 Billion USD
Website: https://europe.medtronic.com/xd-en/index.html
Medtronic has reclaimed its position as the world's largest medical equipment manufacturer. Medtronic is at the forefront of medical technology, employing approximately 90,000 people in 150 countries. Although Medtronic's revenue declined 4% in 2020, the results were commensurate with the impact of postponed treatments across the medical device sector as a result of the pandemic. With many recent approvals and delayed product releases, Medtronic's pipeline continues to drive treatment innovation.
Despite Covid-19, Micra VR and Micra AV, the world's smallest pacemakers for bradyarrhythmia control, were released in the United States and performed successfully. In the future, the firm will continue to invest in innovation in order to maintain its industry-leading pipeline of innovative inventions. They have also completed a number of acquisitions, including Digital Surgery, Medicrea, and Companion Medical, all of which will help them drive future development.