Medtronic's number of employees 2006-2020

This statistic depicts Medtronic's number of employees at the end of fiscal years 2006 to 2020. Medtronic Inc. is a U.S.-Irish medical technology company. Medtronic has one of its headquarters in Minneapolis, Minnesota. In 2006, the company's number of employees was 35,733. By 2020 the number of employees had increased to some 105 thousand.

Medtronic key facts

Medtronic was founded in Minneapolis, originally intended as a medical equipment repair shop. Today, Medtronic is one of the largest contenders in the medical technology industry. As of 2020, Medtronic had some 105 thousand employees around the world. In fiscal year 2020, Medtronic generated revenues of nearly 29 billion U.S. dollars and invested 2.3 billion U.S. dollars in research and development.

Medtronic has four main business units which includes the Cardiac & Vascular Group, Minimally Invasive Therapies Group, Restorative Therapies Group, and the Diabetes Group. The cardiac and vascular group was responsible for over a third of the revenues generated by Medtronic in FY 2020. Within the restorative therapies division, surgical technologies have become an important aspect of the company’s revenue, totaling around eight percent of the company’s total revenue. This division develops products for surgical applications such as those of the ear, nose, and throat, surgical oncology, and cranial and orthopedics. Products such as their “StealthStation” systems can be used for minimally invasive surgical procedures.