Medtronic Is Healing Hearts and Padding Portfolios

There's a chance that at some point in your life, you've either known, or will know, someone with a health condition that has an effect on their heart and endangers their well-being. Medtronic (NYSE: MDT) helps to solve these problems with its pipeline of pacemakers designed to regulate a patient's heart rate. In doing so, it's both advancing healthcare technology and providing opportunities for long-term investors.

Image source: Getty Images.

Health issues that result in the need for a pacemaker are often subtle. They can lead to fainting spells or other issues which, at the time, may seem "minor." A pacemaker implant can save lives and improve the quality of life for many patients. They're a big deal in medical technology (MedTech). According to Statista, there were 1.14 million pacemakers in use globally in 2016.

Source Fool.com