Medtronic CEO Geoff Martha offers updates on supply chain, labor, R&D, Hugo and more

Medtronic CEO and Chair Geoff Martha [Photo courtesy of Medtronic]

Medtronic CEO and Chair Geoff Martha spoke today at the Goldman Sachs Annual Global Healthcare Conference, sharing insights on a range of important issues for medtech developers.

Martha — who leads the world’s largest medical device company — offered his latest observations on labor, supply chain issues and international markets. He also discussed plans to increase R&D spending and the latest on Medtronic’s surgical robotics system, Hugo.

The 35-minute interview is already available for replay. The following excerpts have been lightly edited for space and clarity:

Labor issues are abating, allowing for increased procedure volumes

“The labor markets have gotten a little better. Some of the procedures that were lagging were really dependent on labor like TAVR (transcatheter aortic valve replacement) and things l…

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