5 growth areas where Medtronic’s CEO wants to invest more

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

With Medtronic selling off and spinning off businesses, CEO and Chair Geoff Martha recently shared his strategy on divestitures and the high-growth areas where he wants to invest more.

Martha was speaking at this month’s Goldman Sachs Annual Global Healthcare Conference, where he also offered his perspective on labor conditions, supply chain issues, international markets, plans to increase R&D spending and the latest on the Hugo surgical robotics system.

How Medtronic — the world’s largest medical device company — and its leader think about which businesses to sell and which to build can help competing device developers, partners and suppliers better understand medtech’s changing landscape.

Medtronic’s divestiture strategy

Medtronic announced plans in May 2022 to spin off its kidney care/dialysis busines…

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