Medtronic CFO: CRM market has a new baseline

March 15, 2013 by Brian Johnson

Medtronic CFO Gary Ellis tells investors that the CRM market has stabilized, but the industry faces a new baseline of flat to low single-digit growth in established markets.


The U.S. market for pacemakers and implantable cardioverter-defibrillators remains tepid and unlikely to return to previous levels of growth, according to Medtronic (NYSE:MDT) CFO Gary Ellis.

Get the complete picture with a MassDevice Plus membership. Registered users can login here.