Total medical devices industry cross border deals worth $4.5bn were announced globally for October 2022, with the $2.6bn acquisition of The Binding Site Group being the sector’s biggest investment, according to GlobalData’s deals database.

  • Embed this chart

    Embed this chart into your website

    Copy and paste the image source into your website to display the chart.

The value marked an increase of 401.8% over the previous month of $892.83m and a rise of 57.8% when compared with the last 12-month average of $2.84bn.

In terms of number of cross border deals, the sector saw a drop of 54.69% with 29 deals in October 2022 when compared to the last 12-month average of 64 deals.

In value terms, Europe led the activity with cross border deals worth $3.87bn in October 2022.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Medical Devices industry cross border deals in October 2022: Top deals

The top five cross border deals accounted for 94.5% of the overall value during October 2022.

The combined value of the top five cross border deals stood at $4.24bn, against the overall value of $4.5bn recorded for the month.

The top five medical devices industry cross border deals of October 2022 tracked by GlobalData were:

1) Thermo Fisher Scientific’s $2.6bn acquisition deal with The Binding Site Group

2) The $1.14bn acquisition of M.A. Med Alliance by Cordis

3) Nordic Capital’s $300m private equity deal for 25% stake with Equashield Medical

4) The $100m venture financing of Xunshi Technology by Chende Capital, SoftBank Vision Fund 2, Yiheng Capital Partners, Yuanyi Capital and Zhongwei Capital HoldingLimited

5) KDB Investment’s $100m private equity deal with Think Surgical