HeartMetrics Sr Program Manager at Medtronic

Mounds View, Minnesota, United States

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Not SpecifiedCompensation

Senior (5 to 8 years)Experience Level

Full TimeJob Type

UnknownVisa

Healthcare, Medical Devices, PharmaceuticalsIndustries

Requirements

Bachelor's degree in Business, Marketing, Life Sciences, or a related field (Master's or MBA preferred)
7+ years of experience in strategic planning, consulting, data analytics, market development, or a related role in the pharmaceutical, biotech, or medical device industries
Advanced Degree with 5+ years in the same fields identified above
Strong understanding of market modeling, pricing strategy, and competitive analysis within pharma and med-tech spaces

Responsibilities

Identify and size new market opportunities in the pharma and medical device spaces, focusing on innovative technologies, unmet needs, and emerging trends
Develop comprehensive market entry strategies, including competitive analysis, forecasting, and modeling potential market scenarios
Lead the development of pricing models, negotiating pricing structures with stakeholders, and creating value propositions that resonate with both customers and partners
Conduct detailed competitor assessments to inform business strategies and differentiate the company's offerings
Develop and maintain financial models to support strategic decisions, ensuring optimal allocation of resources and ROI
Build dynamic forecasting models to predict market growth, demand, and shifts in technology, regulation, and customer behavior
Collaborate with teams across R&T, clinical, finance, and marketing to align business goals with market opportunities
Engage with key opinion leaders (KOLs), company VIPs, and external stakeholders to gather insights and refine market strategies

Skills

Market Modeling

Business Strategy

Pricing Strategy

Competitive Analysis

Financial Modeling

Forecasting

Negotiation

Pharma Market Analysis

Medical Device Market

Value Proposition

Medtronic

Develops and manufactures medical devices and therapies

About Medtronic

Medtronic provides medical technology, services, and solutions to improve patient care. The company develops a variety of medical devices, including pacemakers, insulin pumps, surgical tools, and neurostimulation devices, which help diagnose, prevent, and treat chronic diseases. These products are used by hospitals, clinics, and healthcare professionals around the world. Medtronic stands out from competitors by investing significantly in research and development to create new products and offering additional services like training and patient management programs. The goal of Medtronic is to enhance patient outcomes and lower healthcare costs through its comprehensive range of medical solutions.

Fridley, MinnesotaHeadquarters

1949Year Founded

$3.2MTotal Funding

IPOCompany Stage

Biotechnology, HealthcareIndustries

10,001+Employees

Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

Health Savings Account/Flexible Spending Account

Unlimited Paid Time Off

Paid Vacation

Paid Sick Leave

Paid Holidays

401(k) Retirement Plan

401(k) Company Match

Employee Stock Purchase Plan

Employee Assistance Program

Wellness Program

Risks

Emerging competitors like Fire1 threaten Medtronic's heart failure management market share.

Spine biologics market growth may attract new entrants, increasing competition for Medtronic.

Recent IPOs in medtech indicate rising competition, challenging Medtronic's market position.

Differentiation

Medtronic's diverse product range spans cardiovascular, diabetes, neurological, and surgical technologies.

The company invests heavily in R&D to drive innovation in medical devices.

Medtronic offers comprehensive services, including training and technical support, enhancing product value.

Upsides

Exclusive deal with Kuros enhances Medtronic's orthopedic portfolio and market share.

Growing spine biologics market offers expansion opportunities in spinal fusion and regenerative medicine.

Balloon catheters market growth aligns with Medtronic's recent product launches, boosting cardiovascular presence.

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