Medtronic’s Revenue Breakdown Worldwide (2016-2023)

This statistic highlights Medtronic’s Revenue Breakdown Worldwide, split between Ireland, the Rest of the World, and the US, and is reported quarterly from Q1 2016 onwards.

Medtronic Revenue Breakdown Worldwide

Medtronic company has generated total revenue of $9.56 billion in Q4 2022 from the following revenue breakdown worldwide:

• Ireland
• The Rest of the World
• US

(All figures in USD, except percentages)

Ireland

Medtronic company has generated $26 million in Q4 2022 which is approximately 3% of its total revenue. The revenue from Ireland has increased by 4% of year-over-year growth from $25 million in Q4 2021.Ireland offers several advantages for Medtronic. The country’s well-developed infrastructure, skilled workforce, and favorable business environment make it an attractive location for the company’s activities. The company has a presence in countries like Europe, the Middle East, and Africa.

The Rest of the World

The company generated $4.69 billion in Q4 2022 which has 47 % of its total revenue. The revenue has increased by 44% of year-over-year growth from $3.25 in Q4 2021. The rest of the world category of Medtronic company includes revenue generated from regions outside of the United States and Europe. It includes revenue from various countries worldwide, such as countries in Latin America, Asia Pacific, and other parts of Europe. The revenue from the rest of the world can be significant for Medtronic, as the company has a strong international presence and serve patients and healthcare systems in diverse markets.

US

In the US, the company plays a significant role in the healthcare industry by providing them with innovative solutions that help diagnose, treat, and manage various medical conditions. The company generated the highest revenue share of 50% in the US in Q4 2022 and the year-over-year growth increased by 41% in Q4 2021.

About Medtronic:

Medtronic’s company was founded in 1949 and it is one of the largest companies in the field of medical devices and therapies. The company focuses on developing and manufacturing medical devices that are used to treat a range of chronic diseases.

The company operates in several therapeutic areas, including cardiology, diabetes, neurology, spinal and orthopedic surgery. Medtronic company serves hospitals, clinicians, physicians, and patients in more than 150 countries worldwide, with a significant presence in the United States and Ireland, and the company has a vast global network of manufacturing facilities, research centers, and sales offices.

The company has also established research and development in the Medtronic engineering and innovation center, and Medtronic India development center.

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