Medtronic is working hard to win the race to tiny.
The world's largest medical technology company announced Thursday the first U.S. implant of its Micra Transcatheter Pacing System, a vitamin-sized pacemaker one-tenth the size of a conventional device and so small that it fits inside the human heart.
The news comes one day after the Fridley-based company announced U.S. and European regulatory approval of an implantable cardiac monitor that is smaller than a AAA battery. But the company does not have the micro-tech arena to itself. A little more than two weeks ago, St. Jude Medical Inc. of Little Canada launched the U.S. clinical trial of its own mini-pacemaker, the Nanostim. That device, about the size of a AAA battery, also is anchored inside the heart.
Pat Mackin, president of Medtronic's cardiac rhythm disease management business and senior vice president, said: "Micra TPS is an example of the significant investment we have made in disruptive technology, specifically the miniaturization of implantable cardiac devices. Less invasive, miniature device technologies show strong promise in improving patient outcomes and implant procedure efficiency."
Thom Gunderson, senior analyst with Piper Jaffray Co., said medical technology companies have battled for years to make their devices ever smaller.
"I always suspected that smaller wouldn't get you market share, and I was always wrong. This is a huge leap into much smaller sizes," he said. "What are the themes today? There are two: Save the hospital money, offering as good or better products, and expand globally. This [pacemaker] will be put in with fewer complications and save hospitalization costs. And, on part two, it may mean that more doctors around the world can implant them. That could lead to greater international sales."
Medtronic's device is about 30 percent smaller than St. Jude's, officials said. It was implanted at NYU Langone Medical Center in New York on Thursday as part of a Medtronic global clinical trial. Dr. Larry Chinitz, director of the Heart Rhythm Center at Lagone, performed the procedure.
Medtronic Inc. officials said it will likely be a few more years before the tiny pacemaker will be commercially available in the United States.