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Medtronic - MDT STOCK NEWS

Welcome to our dedicated page for Medtronic news (Ticker: MDT), a resource for investors and traders seeking the latest updates and insights on Medtronic stock.

Medtronic: A Comprehensive Overview of a Global Healthcare Technology Leader

Medtronic plc (NYSE: MDT) is a globally recognized healthcare technology company headquartered in Galway, Ireland, with operational and executive offices in Minneapolis, Minnesota. Founded in 1949, Medtronic has grown to become one of the largest medical device manufacturers worldwide, addressing some of humanity's most pressing health challenges through innovative solutions. The company's mission—"to alleviate pain, restore health, and extend life"—guides its operations across more than 150 countries, impacting the lives of millions of patients annually.

Core Business Areas

Medtronic operates through four primary portfolios, each addressing critical areas of healthcare:

  • Cardiovascular Portfolio: This division covers cardiac rhythm and heart failure management, structural heart and aortic solutions, and coronary and peripheral vascular therapies. Notable technologies include pacemakers, implantable defibrillators, heart valves, and renal denervation systems for hypertension management.
  • Neuroscience Portfolio: Focused on cranial and spinal technologies, specialty therapies, and neuromodulation, this portfolio offers solutions like spinal fixation devices, deep brain stimulation (DBS) systems, and advanced sensing technologies such as BrainSense™ Adaptive DBS for Parkinson's disease.
  • Medical Surgical Portfolio: Encompassing surgical innovations and acute care monitoring, this segment includes surgical robotics, energy-based devices, and patient monitoring systems designed to enhance procedural precision and patient safety.
  • Diabetes Portfolio: Medtronic's diabetes division provides advanced insulin delivery systems, including the MiniMed™ series of insulin pumps, continuous glucose monitoring (CGM) systems, and the recently launched Smart MDI system combining the Simplera™ CGM and InPen™ smart insulin pen for more personalized diabetes management.

Global Reach and Market Presence

Medtronic's products and technologies are utilized by healthcare providers worldwide, with foreign markets contributing approximately 50% of its total revenue. Its extensive global footprint enables the company to address diverse healthcare needs, from advanced surgical tools in developed markets to essential medical devices in emerging economies.

Innovation and Industry Leadership

Innovation is at the core of Medtronic's value proposition. The company invests heavily in research and development to deliver groundbreaking technologies such as the Symplicity™ Spyral renal denervation system for hypertension, the Affera™ Mapping and Ablation System for atrial fibrillation, and adaptive DBS systems for neurological disorders. These advancements underscore Medtronic's commitment to improving clinical outcomes and reducing healthcare variability.

Challenges and Competitive Landscape

Operating in a highly regulated and competitive industry, Medtronic faces challenges such as navigating complex regulatory environments, addressing product recalls, and maintaining cost efficiency. Key competitors include Boston Scientific, Abbott, and Johnson & Johnson, each vying for market share in overlapping segments. Medtronic differentiates itself through its comprehensive product portfolio, global scale, and focus on procedural innovation.

Commitment to Patient-Centric Care

Medtronic's approach to healthcare extends beyond product development to include partnerships with healthcare providers and institutions. By integrating data science, artificial intelligence, and connected care solutions, the company aims to enhance patient experiences and enable more predictable healthcare outcomes.

Conclusion

Medtronic's extensive portfolio, global reach, and relentless focus on innovation position it as a cornerstone of the medical device industry. By addressing critical healthcare challenges through advanced technology and patient-centric solutions, Medtronic continues to play a pivotal role in shaping the future of global healthcare.

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Medtronic announced early data from its Intrepid transcatheter mitral valve replacement (TMVR) system at the TCT conference following FDA IDE approval for transfemoral access in the APOLLO trial. Early results show 100% survival and no strokes among the first 15 patients, with a median procedure time of 46 minutes and trace mitral regurgitation in all patients at 30 days. This delivery method may reduce procedural risks. The Intrepid system has been employed in over 350 patients globally, indicating significant interest in its potential for wider clinical use.

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Medtronic (NYSE:MDT) announced positive five-year clinical results from the SURTAVI Trial for TAVR patients at intermediate risk. The trial revealed that TAVR with the CoreValve and Evolut platforms demonstrated comparable all-cause mortality rates (30.0% for TAVR vs. 28.7% for SAVR) and lower mean aortic valve gradients (8.6 mm Hg vs. 11.2 mm Hg), ensuring valve performance and safety. The study included 864 TAVR patients compared to 796 surgical patients, highlighting the long-term viability of TAVR in treating severe aortic stenosis.

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Medtronic has presented findings from a Patient Preferences study on hypertension treatment at TCT 2021, revealing that patients are willing to accept interventions even with modest blood pressure reductions. The study showed that 76.5% would consider renal denervation (RDN) for a 10 mmHg decrease. Additionally, Medtronic launched the SPYRAL AFFIRM study, focusing on the safety and efficacy of RDN in patients with uncontrolled hypertension and comorbidities. The study will enroll 1,000 patients over three years and is part of a broader effort to establish RDN as a viable treatment option.

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Medtronic plc (NYSE: MDT) and Rune Labs have announced a collaboration aimed at enhancing patient care through neurostimulation data analysis. The project will utilize Rune's software to integrate and analyze data from Medtronic's Percept™ PC Neurostimulator and the StrivePD Apple Watch app, focusing on Parkinson's disease treatment. This innovative approach will enable continuous monitoring of local field potentials, potentially guiding personalized treatment decisions. The initiative includes a 12-month monitoring plan for up to 1,000 patients across selected DBS centers.

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Medtronic plc (NYSE:MDT) has appointed Dr. Austin L. Chiang as the Chief Medical Officer (CMO) for its Gastrointestinal (GI) business. Dr. Chiang, an accomplished gastroenterologist, will offer strategic guidance on clinical communications, risk management, and patient safety throughout the product lifecycle. His expertise includes advanced endoscopy and obesity medicine, enhancing Medtronic's innovation in GI care. Dr. Chiang will continue his clinical practice at Jefferson Health while contributing to product development and clinical trials at Medtronic.

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Medtronic (NYSE: MDT) reported promising results from a study involving 3,211 pediatric patients with type 1 diabetes using the MiniMed™ 780G system. The one-year data revealed a 74% average Time in Range and 82% overnight Time in Range, outperforming clinical guidelines. The study demonstrated that 75.3% of users achieved a Glucose Management Indicator (GMI) below 7%. The MiniMed 780G system’s advanced hybrid closed-loop algorithm adapts insulin delivery every five minutes, leading to improved glycemic control and personalization, making it an effective choice for managing diabetes in children.

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Medtronic has announced the receipt of CE Mark for its Hugo™ robotic-assisted surgery system, enabling its sale in Europe for urologic and gynecologic procedures. This approval is significant as robotic surgery currently represents only 3% of global surgeries, despite its benefits like reduced complications and shorter hospital stays. With strong interest from European hospitals, Medtronic plans swift installations, aiming to enhance access to robotic-assisted surgery. The Hugo system emphasizes affordability and utilization, addressing historical barriers to adoption.

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Medtronic plc (NYSE: MDT) published a study revealing a significant link between atrial fibrillation (AF) episodes and ischemic stroke risk. Conducted using continuous rhythm monitoring devices on 891 patients with cardiovascular implants, the study found that 16% had AF lasting over 5.5 hours, increasing 30-day stroke risk over three-fold. The findings, published in JAMA Cardiology, suggest that time-limited anticoagulation may be effective in stroke prevention following AF episodes. The study emphasizes the need for continuous monitoring to identify high-risk patients.

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FAQ

What is the current stock price of Medtronic (MDT)?

The current stock price of Medtronic (MDT) is $93.13 as of March 6, 2025.

What is the market cap of Medtronic (MDT)?

The market cap of Medtronic (MDT) is approximately 120.6B.

What does Medtronic specialize in?

Medtronic specializes in developing and manufacturing medical devices for chronic diseases, including cardiovascular, neurological, surgical, and diabetes care solutions.

How does Medtronic generate revenue?

Medtronic generates revenue through the direct sale of medical devices, service contracts, and licensing agreements, with approximately 50% of its revenue coming from international markets.

What are Medtronic's key business areas?

Medtronic operates in four main areas: Cardiovascular, Neuroscience, Medical Surgical, and Diabetes, offering a wide range of innovative medical technologies.

Who are Medtronic's main competitors?

Key competitors include Boston Scientific, Abbott, and Johnson & Johnson, all of which operate in overlapping segments of the medical device industry.

What makes Medtronic's products unique?

Medtronic's products are distinguished by their advanced technology, such as adaptive deep brain stimulation, renal denervation systems, and integrated diabetes management solutions.

Where is Medtronic headquartered?

Medtronic's legal headquarters are in Galway, Ireland, while its operational and executive offices are located in Minneapolis, Minnesota, USA.

What is Medtronic's mission?

Medtronic's mission is to alleviate pain, restore health, and extend life, driving its focus on innovative healthcare solutions.

How does Medtronic address global healthcare challenges?

Medtronic addresses global healthcare challenges through innovative technologies, partnerships with healthcare providers, and a strong presence in over 150 countries.

What is Medtronic's role in diabetes management?

Medtronic offers advanced diabetes management solutions, including insulin pumps, continuous glucose monitors, and smart insulin pens like the InPen™.

What recent innovations has Medtronic introduced?

Recent innovations include the Symplicity™ Spyral renal denervation system, BrainSense™ Adaptive DBS, and the Smart MDI diabetes management system.
Medtronic

NYSE:MDT

MDT Rankings

MDT Stock Data

120.61B
1.27B
0.26%
85.42%
0.79%
Medical Devices
Electromedical & Electrotherapeutic Apparatus
Link
Ireland
GALWAY