What Did The Patent Landscape of Medtronic Look Like?

Medtronic is a financial technology company that provides data aggregation, analytics, and financial management solutions for banks, credit unions, and fintech companies. It was founded in 2010 by Ryan Caldwell and Brandon Dewitt and is headquartered in Lehi, Utah.

As of April 2023, Medtronic is a privately held company and therefore does not have a market capitalization. However, it has raised over $300 million in funding to date and is valued at around $1.9 billion.

Medtronic has a total of 29957 patents globally. Out of 29957 patents, 8722 patents are active 

Have a look at some of the most well-known patents held by Medtronic that we have covered in this article. You can also get information on Medtronic patents, the global patent filing activity country-wise, its historical patent filing trends, and many more statistics regarding Medtronic’s patent portfolio. 

Patent-Application Success Trend Year Wise in Medtronic

This chart shows the number of applications filed and the number of grants from these applications. Grant rate is a good indicator to identify successful applications and the graph helps to understand the progress in the technology area.

Detailed Patent Portfolio Of Medtronic

Publication Type	Simple Legal Status	Legal State	Count of Publications
APPLICATION	DEAD	LAPSED	4228
		DISCONTINUATION	2680
		WITHDRAWN	1428
		EXPIRED	1093
		NON-PAYMENT	890
		ABANDONED	629
		CEASED	446
		REJECTED	317
		REVOKED	166
	ACTIVE	GRANTED	4287
	PENDING	EXAMINATION	1277
	PENDING	PUBLISHED	182
	UNDETERMINED	UNDETERMINED	166
UTILITY MODEL	DEAD	EXPIRED	419
		NON-PAYMENT	205
		DOUBLE	166
		CEASED	166
		ABANDONED	166
		REVOKED	166
		WITHDRAWN	166
	ACTIVE	GRANTED	290
	PENDING	PUBLISHED	166
PATENT	DEAD	EXPIRED	4762
		CEASED	1078
		NON-PAYMENT	873
		ABANDONED	166
		DISCONTINUATION	166
		REVOKED	166
		WITHDRAWN	166
	ACTIVE	GRANTED	3492
	ACTIVE	RESTORATION	166
	PENDING	EXAMINATION	166
	PENDING	PUBLISHED	166
	UNDETERMINED	UNDETERMINED	166
DESIGN	DEAD	EXPIRED	488
	DEAD	NON-PAYMENT	166
	ACTIVE	GRANTED	321
OTHERS	ACTIVE	GRANTED	166
	DEAD	NON-PAYMENT	166
	DEAD	REVOKED	166

Technology Domain-wise Patent Trend in Medtronic

The chart above distributes patents filed till 2021 in Medtronic on the basis of the technology protected in patents. This helps to understand the most frequently used concepts and the key focus areas in the technology space.

Top Publications In The Domain With Their Forward Citation Frequency

The table below depicts the patents with most number of forward citations. These patents are likely to be the source of advancement in the domain and can be considered as valuable and core inventions.

Publication Number	Year Wise Break Down					Count of Citing Patents
Publication Number	< 2006	2006-2010	2011-2015	2016-2020	>2020	Count of Citing Patents
US-5865361-A	30	409	629	1275	712	3055
US-5312023-A	112	219	480	1388	720	2919
US-4665906-A	850	626	702	463	169	2810
US-6032849-A	51	298	571	1107	643	2670
US-5084057-A	172	373	459	980	652	2636
US-6443973-B1	10	112	468	1115	790	2495
US-4429695-A	149	297	509	964	575	2494
US-5496312-A	310	356	543	860	421	2490
US-6045560-A	45	198	481	1105	648	2477
US-5040715-A	262	217	471	948	568	2466

Who Were The Leading Patent Filers Countries Till 2021 In Medtronic?

IPC Classification Wise Patent Trend In Medtronic

The table below represents the top 10 market domains according to their IPC classification where inventors believed it was critical to safeguard certain technical inventions.

IPC Classification	Number of Applications	Number of Granted	% Granted
DIAGNOSIS; SURGERY; IDENTIFICATION (A61B)	12296	4309	35
DEVICES FOR INTRODUCING MEDIA INTO, OR ONTO, THE BODY; DEVICES FOR TRANSDUCING BODY MEDIA OR FOR TAKING MEDIA FROM THE BODY; DEVICES FOR PRODUCING OR ENDING SLEEP OR STUPOR (A61M)	4422	1732	39
ELECTROTHERAPY; MAGNETOTHERAPY; RADIATION THERAPY; ULTRASOUND THERAPY (A61N)	4317	1730	40
FILTERS IMPLANTABLE INTO BLOOD VESSELS; PROSTHESES; DEVICES PROVIDING PATENCY TO, OR PREVENTING COLLAPSING OF, TUBULAR STRUCTURES OF THE BODY, e.g. STENTS; ORTHOPAEDIC, NURSING OR CONTRACEPTIVE DEVICES; FOMENTATION; TREATMENT OR PROTECTION OF EYES OR EARS; BANDAGES, DRESSINGS OR ABSORBENT PADS; FIRST-AID KITS (A61F)	3651	1307	36
METHODS OR APPARATUS FOR STERILISING MATERIALS OR OBJECTS IN GENERAL; DISINFECTION, STERILISATION, OR DEODORISATION OF AIR; CHEMICAL ASPECTS OF BANDAGES, DRESSINGS, ABSORBENT PADS, OR SURGICAL ARTICLES; MATERIALS FOR BANDAGES, DRESSINGS, ABSORBENT PADS, OR SURGICAL ARTICLES (A61L)	1247	455	36
PREPARATIONS FOR MEDICAL, DENTAL, OR TOILET PURPOSES (A61K)	839	221	26
INVESTIGATING OR ANALYSING MATERIALS BY DETERMINING THEIR CHEMICAL OR PHYSICAL PROPERTIES (G01N)	552	232	42
ELECTRIC DIGITAL DATA PROCESSING (G06F)	486	123	25
CONTAINERS FOR STORAGE OR TRANSPORT OF ARTICLES OR MATERIALS, e.g. BAGS, BARRELS, BOTTLES, BOXES, CANS, CARTONS, CRATES, DRUMS, JARS, TANKS, HOPPERS, FORWARDING CONTAINERS; ACCESSORIES, CLOSURES, OR FITTINGS THEREFOR; PACKAGING ELEMENTS; PACKAGES (B65D)	366	207	57
HEALTHCARE INFORMATICS, i.e. INFORMATION AND COMMUNICATION TECHNOLOGY [ICT] SPECIALLY ADAPTED FOR THE HANDLING OR PROCESSING OF MEDICAL OR HEALTHCARE DATA (G16H)	361	77	21

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