Total medical device industry M&A deals worth $4.6 billion were announced globally in July 2022, led by Amazon.com’s acquisition of 1Life Healthcare for $3.9 billion, according to the report. GlobalData’s business database. M&A deals in Medical devices industry – July 20220102030North AmericaEuropeAsia-PacificSouth and Central America.
The figure marked a 74.4% increase from the previous month of $2.66 billion and a 35.7% drop from the 12-month average of $7.22 billion.
Comparing the value of M&A deals across different regions of the globe, North America ranked first, with total deals announced in the period amounting to US$4.63 billion. At the country level, the US topped the list in terms of business value at $4.63 billion.
In terms of volumes, North America has emerged as the top region for medical device industry M&A deals globally, followed by Europe and then Asia Pacific.
The top country in terms of M&A deal activity in July 2022 was the US with 21 deals, followed by Canada with three and the Republic of Korea (South Korea) with two.
In July 2022, medical device M&A deals worth $17.12 billion were announced globally, marking a 57.8% year-over-year increase.
Top M&A Deals in the Medical Device Industry in July 2022 The top five M&A deals accounted for 99.5% of the total value in July 2022.
The combined value of the top five medical device M&A deals was $4.62 billion, versus a total value of $4.6 billion recorded for the month.
The top five medical device industry mergers and acquisitions deals as of July 2022 tracked by GlobalData were:
1) $3.9 billion Amazon.com Acquisition Agreement with 1Life Healthcare
2) The $500 million acquisition of OpenEye Scientific Software by Cadence Design Systems
3) Acquisition of Health Sciences2 $158 million acquisition agreement with Orchestra BioMed
4) The $52.5 million acquisition of Palamedrix by SomaLogic
5) $11 million acquisition of Inotiv with Protypia
