Medtronic PLC
Medtronic may have moved its headquarters to Dublin, Ireland for tax reasons in 2015, but the company has been headquartered in Minnesota for more than 60 years and still gets the majority of its sales from the US healthcare system.
Medtronic, with 90,000 employees in 150 countries, is at the cutting edge of medical technology. Despite the fact that Medtronic's revenues declined 4% in 2020, the results were consistent with the impact of delayed treatments across the medical device business due to the pandemic. Despite a number of recent approvals and delayed product releases, Medtronic's pipeline continues to drive therapeutic innovation.
Despite Covid-19, Micra VR and Micra AV, the world's smallest pacemakers for bradyarrhythmia management, were released in the United States and performed successfully. The firm will continue to invest in innovation in the future in order to maintain its industry-leading pipeline of unique ideas. They've also undertaken a number of acquisitions, including Digital Surgery, Medicrea, and Companion Medical, all of which will aid in their future expansion.
It is predicted to generate $30.5 billion in total revenue by 2020, and it employs over 100,000 people worldwide.
Founded: 1949
Headquarters: Dublin, Ireland
Revenue: 30,12 Billion USD
Website: https://europe.medtronic.com/xd-en/index.html