What Did The Patent Landscape of Medtronic Look Like?

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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 29957patents, 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

What Did The Patent Landscape of Medtronic Look Like?

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WITHDRAWN 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 

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WITHDRAWN 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WITHDRAWN 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 

RESTORATION 

166 

PENDING 

EXAMINATION 

166 

PUBLISHED 

166 

UNDETERMINED 

UNDETERMINED 

166 

DESIGN 

DEAD 

EXPIRED 

488 

NON-PAYMENT 

166 

ACTIVE 

GRANTED 

321 

OTHERS 

ACTIVE 

GRANTED 

166 

DEAD 

NON-PAYMENT 

166 

REVOKED 

166 

Technology Domain-wise Patent Trend in Medtronic

What Did The Patent Landscape of Medtronic Look Like?

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 

< 2006 

2006-2010 

2011-2015 

2016-2020 

>2020 

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? 

What Did The Patent Landscape of Medtronic Look Like?

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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