Medtronic

Medtronic develops medical devices and surgical technologies for cardiovascular, neuroscience, diabetes and surgical-care markets. Its robotics work includes the Hugo robotic-assisted surgery system, which supports minimally invasive procedures through modular robotic arms and surgeon-controlled instrumentation.

Facts

  • Segment: Surgical
  • Country: IE
  • Founded: 1949
  • Ticker: MDT
  • Website: https://www.medtronic.com

About

About Medtronic

Medtronic is a healthcare-technology company whose portfolio spans cardiovascular, surgical, neurological, diabetes and patient-monitoring systems. Its robotics exposure includes the Hugo robotic-assisted surgery system, alongside surgical navigation, imaging, instruments and energy devices.

Hugo is one part of a much wider medical-device business. Medtronic supplies technology used by trained clinical teams and healthcare organisations; procedure selection, operation and patient outcomes depend on the approved indication, clinician and care setting.

Financials

  • MDT - NYSE - USD

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Timeline

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Team

  • Geoff Martha - Chairman and Chief Executive Officer - Medtronic's surgical, spine and robotic-enabled therapy portfolio sits within the global medtech strategy.
  • Scott Cundy - SVP and Chief Quality, Development, and Innovation Officer - The role connects to product development and innovation governance across Medtronic's device and surgical-technology portfolio.

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Relations

  • Titan Medical - Licence Partner - Titan Medical licensed robotic-surgery technology to Medtronic and completed joint development work.
  • Mazor Robotics - Acquired Spine Robotics Company - Medtronic acquired Mazor Robotics and continued its spine-surgery technology through Mazor X and later spine platforms.

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Deployments

  • First Commercial Case - first U.S. commercial Hugo RAS surgery at Cleveland Clinic - 2026-02-17 - Cleveland Clinic - robotic-assisted surgery - Medtronic Hugo RAS performed its first U.S. commercial surgery at Cleveland Clinic. - source posture: Company Disclosed - source: news.medtronic.com

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