Medtronic has a total of 85999 patents globally, out of which 43648 have been granted. Of these 85999 patents, more than 58% patents are active. United States of America is where Medtronic has filed the maximum number of patents, followed by Europe and Japan and it also seems reasonable as the biggest market for Medtronic is USA. Parallelly, USA seems to be the main focused R&D center and is also the origin country of Medtronic.
Medtronic was founded in 1949 by Earl Bakken, Erik Engelson, Kimberly Vogel, Palmer Hermundslie. The company doing business in Medical Devices Industry. The Company offers wide range of products in Biotechnology, Health Care, Medical, Medical Device and Therapeutics etc. As of November 2021, Medtronic has a market cap of $143.72 Billion.
Do read about some of the most popular patents of Medtronic which have been covered by us in this article and also you can find Medtronic’s patents information, the worldwide patent filing activity and its patent filing trend over the years, and many other stats over Medtronic’s patent portfolio.
How many patents does Medtronic have?
Medtronic has a total of 85999 patents globally. These patents belong to 19945 unique patent families. Out of 85999 patents, 49911 patents are active.
How many Medtronic patents are Alive/Dead?
How Many Patents did Medtronic File Every Year?
Are you wondering why there is a drop in patent filing for the last two years? It is because a patent application can take up to 18 months to get published. Certainly, it doesn’t suggest a decrease in the patent filing.
|Year of Patents Filing or Grant||Medtronic Applications Filed||Medtronic Patents Granted|
How Many Patents did Medtronic File in Different Countries?
Countries in which Medtronic Filed Patents
|United States Of America||31198|
|Hong Kong (S.A.R.)||159|
|Eurasian Patent Organization||9|
|African Regional Industrial Property Organization||2|
Where are Research Centers of Medtronic Patents Located?
10 Best Medtronic Patents
US6558320B1 is the most popular patent in the Medtronic portfolio. It has received 2146 citations so far from companies like Abbott Laboratories, Dexcom, kaleo Inc, Bigfoot Biomedical and ICU Medical.
Below is the list of 10 most cited patents of Medtronic:
|Publication Number||Citation Count|
Which Companies are using Medtronic Patents to Advance their Research?
If patents or patents from a particular technology area of a company receive a lot of citations, it implies that the technology is being followed and incrementally innovated by the citing companies. It also indicates that citing companies are working on similar and closely related technologies.
The top citing companies in the Medtronic patent portfolio are Ethicon, Boston Scientific and Warsaw Orthopedic Inc.
List of the top forward citing Companies –
|Company||Number of Patents|
|Warsaw Orthopedic Inc||2364|
|Cardiac Pacemakers Inc||1783|
|Globus Medical Inc||1142|
|Depuy Synthes Products Inc||909|
|Cook Medical Technologies Llc||736|
Count of 102 and 103 Type Rejections based on Medtronic Patents
Top Medtronic Patents used in Rejecting Most Patent Applications
|Patent Number||Count of Rejected Applications|
What Percentage of Medtronic US Patent Applications were Granted?
Medtronic (Excluding its subsidiaries) has filed 13157 patent applications at USPTO so far (Excluding Design and PCT applications). Out of these 9285 have been granted leading to a grant rate of 78.34%.
Below are the key stats of Medtronic patent prosecution at the USPTO.
Which Law Firms Filed Most US Patents for Medtronic?
|Law Firm||Total Applications||Success Rate|
|Medtronic Vascular Inc||2121||70.74%|
|Shumaker & Sieffert||788||82.30%|
|Christopher & Weisberg||325||87.10%|
|Medtronic Minimed Inc||298||79.32%|
|Foley & Lardner||219||88.68%|
|Spinal Haynes Boone||187||34.22%|
|Hahn & Associates||180||91.67%|
The power of technology not only helps align value for providers and stakeholders, it also drives innovation.
Healthcare is confronted with numerous difficulties. Providers and payers are battling to improve patient outcomes and minimise total costs, from shifting payment structures to access issues. While no single solution exists, Medtronic recognises that humans who provide care are at the heart of this transformation—and that technology may help them get there.
Medtronic’s mission is: “to alleviate pain, restore health, and extend life for people around the world.”
Medtronic is dedicated to using the full potential of its technology, resources, and people to collaborate with new partners in novel ways to usher in a new era of healthcare.
EXCLUSIVE INSIGHTS COMING SOON
What are Medtronic’s key innovation segments?
What Technologies are Covered by Medtronic?
The chart below distributes patents filed by Medtronic in different countries on the basis of the technology protected in patents. It also represents the markets where Medtronic thinks it’s important to protect particular technology inventions
R&D Focus: How Medtronic search focus changed over the years?
Interested in knowing about the areas of innovation that are being protected by Medtronic?
EXCLUSIVE INSIGHTS COMING SOON