The Medtronic Effect: 3 Trends for Medical Device Company Diversification

The Medtronic Effect: 3 Trends for Medical Device Company Diversification (OrthoSpineNews)

Medtronic, one of the largest medical device manufacturers in the world, made headlines recently with its $200 million acquisition of Cardiocom, a disease management and patient monitoring firm.

Though one of the first major medical device companies to move into the patient monitoring segment, Medtronic will certainly not be the last, says Paul Teitelbaum, managing director for Mesirow Financial. He believes the device powerhouse is on the front end of an industry-wide shift toward telemedicine, home h...