Discontinued — last reported Q1 '24

Geographic · Net Sales

Middle East Africa Latin America Eastern Europeand Asia Excluding Japanand Korea — Net Sales

Medtronic Middle East Africa Latin America Eastern Europeand Asia Excluding Japanand Korea — Net Sales increased by 5.2% to $1.57B in Q1 2024 compared to the prior quarter. Year-over-year, this metric grew by 9.2%, from $1.44B to $1.57B. Over 3 years (FY 2021 to FY 2024), Middle East Africa Latin America Eastern Europeand Asia Excluding Japanand Korea — Net Sales shows an upward trend with a 6.8% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementSegment
CategoryGrowth
SignalHigher is better
VolatilityModerate
First reportedQ2 2016
Last reportedQ1 2024
Rolls up toTotal Revenue

How to read this metric

An increase indicates successful market penetration and growing demand for medical technology in developing regions, while a decrease may signal competitive pressure or economic headwinds in those territories.

Detailed definition

This metric represents the total revenue generated from the sale of medical devices and therapeutic solutions within des...

Peer comparison

Peers in the medical device sector typically report this as 'International' or 'Emerging Markets' revenue, with growth rates often benchmarked against regional GDP and healthcare spending trends.

Metric ID: mdt_segment_emerging_markets_net_sales

Historical Data

13 periods
 Q1 '21Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24
Value$1.34B$1.29B$1.37B$1.39B$1.38B$1.28B$1.36B$1.37B$1.44B$1.31B$1.44B$1.50B$1.57B
QoQ Change-3.7%+6.7%+0.9%-0.1%-7.7%+6.5%+0.9%+5.0%-8.8%+9.7%+3.7%+5.2%
YoY Change+3.6%-0.8%-0.9%-1.0%+4.1%+3.0%+6.0%+9.0%+9.2%
Range$1.28B$1.57B
CAGR+5.6%
Avg YoY Growth+3.6%
Median YoY Growth+3.6%
Current Streak3 quarters growth

Frequently Asked Questions

What is Medtronic's middle east africa latin america eastern europeand asia excluding japanand korea — net sales?
Medtronic (MDT) reported middle east africa latin america eastern europeand asia excluding japanand korea — net sales of $1.57B in Q1 2024.
How has Medtronic's middle east africa latin america eastern europeand asia excluding japanand korea — net sales changed year-over-year?
Medtronic's middle east africa latin america eastern europeand asia excluding japanand korea — net sales increased by 9.2% year-over-year, from $1.44B to $1.57B.
What is the long-term trend for Medtronic's middle east africa latin america eastern europeand asia excluding japanand korea — net sales?
Over 3 years (2021 to 2024), Medtronic's middle east africa latin america eastern europeand asia excluding japanand korea — net sales has grown at a 6.8% compound annual growth rate (CAGR), from $4.78B to $5.82B.
What does middle east africa latin america eastern europeand asia excluding japanand korea — net sales mean?
Total revenue generated from sales in developing geographic markets.