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Medtronic Emphasizes International Growth Opportunities

Medtronic is betting on emerging markets and the “value” market to be its major growth drivers over the next few years.

Medtronic PLC continues to invest heavily in growth outside the United States by building up its sales and marketing infrastructure to sell existing products to emerging markets while also creating products for the so-called value market segment.

During the company’s Feb. 19 fiscal third-quarter earnings call, CEO Omar Ishrak, said that “accelerating globalization” will be a “long-term transformational opportunity” for Medtronic. Previously, the company announced plans to...

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