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Full-Time

Principal Mechanical Design Engineer

Cas

Posted on 9/18/2024

Medtronic

Medtronic

5,001-10,000 employees

Develops and manufactures medical devices and therapies

Healthcare
Biotechnology

Compensation Overview

$122.4k - $183.6kAnnually

+ Short-term Incentive (Medtronic Incentive Plan)

Senior, Expert

Blaine, MN, USA

Requires onsite presence in Mounds View, MN for three days per week.

Category
Manufacturing Engineering
Mechanical Maintenance and Reliability Engineering
Mechanical Engineering
Required Skills
Communications
Product Design
Requirements
  • Bachelor of Engineering degree and minimum 7 years of experience in mechanical product development
  • Or, Master of Engineering degree and minimum 5 years of experience in mechanical product development
Responsibilities
  • Complex product design activities.
  • Perform concept development and prototyping and change analysis.
  • Design / develop components to be manufactured via plastic injection molding, stamping, machining, extrusion, and related processes.
  • Create and interpret analyses to determine suitability of design concepts.
  • Provide guidance and mentorship to junior engineering staff.
  • Incorporate risk-based decision-making into the design process.
  • Apply Six Sigma (DFSS) methodologies to all aspects of the design/development process.
  • Ensure on-time completion of Design Control deliverables.
  • Grow and maintain knowledge current with related technologies.
  • Work with manufacturing and suppliers to ensure feasibility of high-volume assembly.
  • Translate VoX feedback into product requirements.
  • Create and release engineering drawings, reports, and presentations.
  • Travel to supplier and manufacturing sites as required.
  • Present technical findings or project status to cross functional teams and management through meeting minutes, design reviews, presentations, and other means of communication.
  • Research, plan, design, verify, validate electromechanical products and systems.

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 and healthcare professionals around the world. Medtronic stands out from competitors by not only focusing on product development but also offering comprehensive services such as training for healthcare providers and patient management programs. The goal of Medtronic is to enhance patient outcomes and lower healthcare costs through their advanced medical solutions.

Company Stage

IPO

Total Funding

$3.2M

Headquarters

Fridley, Minnesota

Founded

N/A

Growth & Insights
Headcount

6 month growth

0%

1 year growth

0%

2 year growth

0%
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Simplify's Take

What believers are saying

  • Medtronic's recent product innovations, such as the InterStim Micro Neurostimulator and remote monitoring systems, highlight its commitment to advancing medical technology.
  • The company's expansion in Asia, including the launch of the Robotics Experience Studio, indicates strong growth potential in emerging markets.
  • Strategic partnerships and acquisitions, like the collaboration with Ramsay Health Care and the acquisition of Paceart Optima, enhance Medtronic's capabilities and market position.

What critics are saying

  • The highly competitive medical technology market requires Medtronic to continuously innovate to maintain its leadership position.
  • Integration challenges from acquisitions and partnerships could potentially disrupt operations and delay product development.

What makes Medtronic unique

  • Medtronic's extensive R&D investment enables continuous innovation in medical technology, setting it apart from competitors who may not have the same level of resources.
  • The company's global reach, operating in over 150 countries, provides a significant advantage in market penetration and customer base.
  • Medtronic's comprehensive suite of products and services, including training and patient management programs, offers a holistic approach to healthcare that many competitors lack.
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