Medtronic’s revenue has increased from 11.3 billion U.S. dollars in 2006 to over 31 million U.S. dollars in 2022. Medtronic is a medical technology and research company that works in a variety of specialties and sectors, including cardiovascular and diabetes, to name a few. The company’s operational headquarter is in Minneapolis, Minnesota, currently generating the largest part of its revenues in the United States. But for tax reasons Medtronic moved its legal headquarter to Dublin, Ireland, in 2015.
Medtronic company overview
Medtronic operates globally and, like the increases in revenue, has seen increases in other areas of their business. There has been an extreme increase in the number of people employed at Medtronic since 2006. There has also been an increase in Medtronic’s total assets since 2014. These increases, of course, are also due to the acquisition of Irish medical device company Covidien in 2015.
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Medtronic. (June 23, 2022). Medtronic's total revenue from 2006 to 2022 (in million U.S. dollars) [Graph]. In Statista. Retrieved August 12, 2022, from https://www.statista.com/statistics/241515/total-revenues-of-medtronic-since-2006/
Medtronic. "Medtronic's total revenue from 2006 to 2022 (in million U.S. dollars)." Chart. June 23, 2022. Statista. Accessed August 12, 2022. https://www.statista.com/statistics/241515/total-revenues-of-medtronic-since-2006/
Medtronic. (2022). Medtronic's total revenue from 2006 to 2022 (in million U.S. dollars). Statista. Statista Inc.. Accessed: August 12, 2022. https://www.statista.com/statistics/241515/total-revenues-of-medtronic-since-2006/
Medtronic. "Medtronic's Total Revenue from 2006 to 2022 (in Million U.S. Dollars)." Statista, Statista Inc., 23 Jun 2022, https://www.statista.com/statistics/241515/total-revenues-of-medtronic-since-2006/
Medtronic, Medtronic's total revenue from 2006 to 2022 (in million U.S. dollars) Statista, https://www.statista.com/statistics/241515/total-revenues-of-medtronic-since-2006/ (last visited August 12, 2022)