Medical Design Briefs - January 2024 - 6

Inside the OEM:
Medtronic
M
6
edtronic, a pioneering
force in medical technology,
recently unveiled
its fiscal quarter 2 and
first-quarter earnings
during webcasts led by Geoff Martha,
chairman and CEO, and Karen Parkhill,
CFO. This article examines Medtronic's
impressive performances and strategic
initiatives, offering a holistic perspective
on the company's trajectory.
Strong growth and an emphasis on
transformation have been the focus of
Medtronic's first two fiscal quarters. The
global leader in medical technology has
been reporting solid mid-single digit revenue
growth, reflecting strong fundamentals
and broad-based growth across
its markets of cardiovascular, neuroscience,
medical surgical, with accelerated
growth in diabetes. New product
launches were cited as key drivers of
growth, and Martha has expressed confidence
in maintaining dependable
growth for the remainder of the company's
fiscal year.
Comprehensive Transformation
Medtronic is actively engaged in a
comprehensive transformation, focusing
www.medicaldesignbriefs.com
on enhancing global operations, quality,
and supply chain. Its growth is being attributed
to execution, innovation, and
improved underlying fundamentals in
markets and the supply chain. At the
same time, the company is focused on
strategic capital allocation into fast-growing
medtech markets, such as robotics,
AI, and closed loop systems, to fuel innovation
and drive future growth.
Medtronic is also addressing the root
causes of past growth challenges. " Capital
is being decisively allocated to programs
in fast, secular growth markets,
and R&D investments are focused on
Medical Design Briefs, January 2024

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Medical Design Briefs - January 2024

Table of Contents for the Digital Edition of Medical Design Briefs - January 2024

Medical Design Briefs - January 2024 - COVTIP1
Medical Design Briefs - January 2024 - COVTIP2
Medical Design Briefs - January 2024 - COV1
Medical Design Briefs - January 2024 - COV2
Medical Design Briefs - January 2024 - 1
Medical Design Briefs - January 2024 - 2
Medical Design Briefs - January 2024 - 3
Medical Design Briefs - January 2024 - 4
Medical Design Briefs - January 2024 - 5
Medical Design Briefs - January 2024 - 6
Medical Design Briefs - January 2024 - 7
Medical Design Briefs - January 2024 - 8
Medical Design Briefs - January 2024 - 9
Medical Design Briefs - January 2024 - 10
Medical Design Briefs - January 2024 - 11
Medical Design Briefs - January 2024 - 12
Medical Design Briefs - January 2024 - 13
Medical Design Briefs - January 2024 - 14
Medical Design Briefs - January 2024 - 15
Medical Design Briefs - January 2024 - 16
Medical Design Briefs - January 2024 - 17
Medical Design Briefs - January 2024 - 18
Medical Design Briefs - January 2024 - 19
Medical Design Briefs - January 2024 - 20
Medical Design Briefs - January 2024 - 21
Medical Design Briefs - January 2024 - 22
Medical Design Briefs - January 2024 - 23
Medical Design Briefs - January 2024 - 24
Medical Design Briefs - January 2024 - 25
Medical Design Briefs - January 2024 - 26
Medical Design Briefs - January 2024 - 27
Medical Design Briefs - January 2024 - 28
Medical Design Briefs - January 2024 - 29
Medical Design Briefs - January 2024 - 30
Medical Design Briefs - January 2024 - 31
Medical Design Briefs - January 2024 - 32
Medical Design Briefs - January 2024 - 33
Medical Design Briefs - January 2024 - 34
Medical Design Briefs - January 2024 - 35
Medical Design Briefs - January 2024 - 36
Medical Design Briefs - January 2024 - 37
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Medical Design Briefs - January 2024 - 39
Medical Design Briefs - January 2024 - 40
Medical Design Briefs - January 2024 - COV3
Medical Design Briefs - January 2024 - COV4
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