HIGHOutside partySupplier
sole suppliers for certain components
“10-K Item 1A: 'certain components, raw materials and services needed to manufacture our products are obtained from sole suppliers'”
MDT · Concentration risk · 10-K extracted
Medtronic (MDT) concentration risks
Updated
The most significant concentration Medtronic discloses is sole suppliers for certain components, classified HIGH by disclosed size. Below: the full set from the latest 10-K — verbatim quotes, filing references, and a synthesis of what these exposures mean together.
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Source: Medtronic’s SEC Form 10-K filed — view the filing on SEC EDGAR ↗
At a glance
Disclosed-size breakdown · 1 disclosed concentration
HIGH1
MEDIUM0
LOW0
Disclosed concentrations
Each card carries a disclosed-size chip (HIGH / MEDIUM / LOW — how large the exposure is as a share of revenue, not how dangerous it is) and a nature tag: Built-in(the company’s own model, geography, or products) or Outside party (an external customer, supplier, or distributor it relies on).
TrendMatrix Research · concentration synthesis
What these concentrations mean together
updated 2026-07-19Medtronic discloses a single notable concentration exposure in its source claims: certain components, raw materials, and services needed to manufacture its products are obtained from sole suppliers, a high-share dependency. This is a classic dependency risk rather than a structural one — it reflects reliance on specific, often qualified or hard-to-replace supply relationships rather than any customer, geographic, or macro factor. For a global medical device manufacturer with an enormous and diverse product portfolio, sole-sourcing at the component level is a common industry practice driven by regulatory qualification requirements and specialized manufacturing processes, but it does mean that a disruption at any one of these sole suppliers — whether from a natural disaster, a quality failure, or a business interruption — could constrain production of the specific products that depend on that input until an alternate source is qualified. Because this is the only disclosed concentration in the source claims, there is no broader mosaic of exposures to weigh here; the entire concentration picture rests on how well diversified Medtronic's sole-supplier relationships are across its many product lines, a detail not quantified in the disclosure itself.
For the engine’s reasoning on MDT’s current verdict — including which dimensions drove the score — see the per-dimension breakdown.
Industry peers · Medical Devices
Peer concentration profile
| Symbol | Name | HIGH | MEDIUM | LOW | Total |
|---|---|---|---|---|---|
| AORT | Artivion, Inc. | 4 | 4 | 0 | 8 |
| AVNS | Avanos Medical, Inc. | 2 | 0 | 1 | 3 |
| ATEC | Alphatec Holdings, Inc. | 1 | 1 | 0 | 2 |
| ABT | Abbott Laboratories | 1 | 0 | 0 | 1 |
| MDT● | Medtronic plc. | 1 | 0 | 0 | 1 |
| AHCO | AdaptHealth Corp. | 0 | 0 | 0 | 0 |
Concentration counts reflect items disclosed in each peer’s most recent 10-K; disclosed-size classification uses TrendMatrix’s internal 10-K extraction taxonomy.