Mexico: Medtronic seeks opportunities in the local market
08-Feb-16, Esmerk
US medical device manufacturer Medtronic has confirmed plans to promote its products and expand its presence in the Mexican market. Medtronic operates six factories in the country, although its devices are not commercialised in Mexico as patients and professionals are not familiar with their usage.
%20Medtronic.jpg "Medtronic seeks opportunities in the local market (c) Medtronic")
Image: Medtronic
Omar Ishrak, CEO of Medtronic, indicated that for this reason, Mexico represented a challenge for the company. The firm registered sales of USD 20.26bn in 2015 and has an extensive portfolio of devices including heart valves, insulin pumps or cardiac monitoring systems.