ST_Product Specialist at Medtronic

Taipei City, Taipei City, Taiwan

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Not SpecifiedCompensation

Mid-level (3 to 4 years)Experience Level

Full TimeJob Type

UnknownVisa

Healthcare, Medical DevicesIndustries

Requirements

Baccalaureate degree (or equivalent for degrees earned outside the United States per 8 C.F.R. § 214.2(h)(4)(iii)(A)) and minimum of 2 years of relevant experience, or advanced degree with 0 years of experience
Practical knowledge and demonstrated competence within job area, typically obtained through advanced education combined with experience

Responsibilities

Formulates and reviews corporate short and long-range plans, goals, and objectives for specific product or product line
Conducts competitive product analysis and market research of product consumer behavior and professional audience
Determines the profitability and viability of new products or product enhancements
Develops production and marketing strategies and tactics to ensure effective product placement relative to market opportunity
Works closely with product development for a specific product, brand, or product area over its entire life cycle
Works with other functions to finalize product specifications
Provides advertising with core brand equity
Serves as technical adviser, demonstrating products and troubleshooting product issues
Delivers and/or manages projects assigned and works with other stakeholders to achieve desired results
May act as a mentor to colleagues or direct the work of other lower level professionals
Sets objectives for own job area to meet the objectives of projects and assignments
Contributes to the completion of project milestones and may have some involvement in cross-functional assignments
Makes adjustments or recommends enhancements in systems and processes to solve problems or improve effectiveness of job area
Communicates primarily and frequently with internal contacts to share information, status, needs, and issues

Skills

Key technologies and capabilities for this role

product managementmarket researchcompetitive analysismarketing strategyproduct lifecycleproduct specificationsbrand equitytroubleshooting

Questions & Answers

Common questions about this position

What is the employment type for this ST_Product Specialist role?

The position is full-time employment.

Is this a remote position or does it require office presence?

This information is not specified in the job description.

What skills and experience are required for the ST_Product Specialist role?

Requires practical knowledge and demonstrated competence within the job area, typically obtained through advanced education combined with experience. The role involves formulating plans, conducting market research, competitive analysis, developing strategies, and serving as a technical adviser.

What is the company culture like at Medtronic for this role?

Medtronic emphasizes a life-long career of exploration and innovation, leading with purpose to champion healthcare access and equity while breaking down barriers to innovation in a connected, compassionate world.

What makes a strong candidate for the ST_Product Specialist position?

Strong candidates are established individual contributors with practical knowledge from advanced education and experience, able to work independently on moderately complex projects, contribute to milestones, and provide guidance to entry-level professionals.

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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