Minnesota’s Campaign for MedTech Prominence
24 Feb 2024
News
The Twin Cities metro has long prided itself on its outsized contributions to the medical device field, dating back to Medtronic founder Earl Bakken’s introduction of the world’s first wearable artificial pacemaker in the late 1950s. Present-day industry leaders are well aware that the standing isn’t permanent, however, especially as cities across the world invest in innovation.
Geoff Martha, who became CEO of medtech giant Medtronic in April 2020, has been pondering the competition for years. In the wake of Covid-19, he says, many governments around the world began thinking about health care less as an expense and more of an opportunity.
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