Total medical devices industry deals worth $2.31bn were announced globally for February 2021, with the $600m acquisition of Decipher Biosciences 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 a decrease of 91.1% over the previous month of $26bn and a drop of 75.9% when compared with the last 12-month average of $9.57bn.
In terms of number of deals, the sector saw a drop of 25.31% with 121 deals in February 2021 when compared to the last 12-month average of 162 deals.
In value terms, North America led the activity with deals worth $1.76bn in February 2021.
Medical Devices industry deals in February 2021: Top deals
The top five deals accounted for 48.1% of the overall value during February 2021.
The combined value of the top five deals stood at $1.11bn, against the overall value of $2.31bn recorded for the month.
The top five medical devices industry deals of February 2021 tracked by GlobalData were:
1) Veracyte’s $600m acquisition of Decipher Biosciences
3) NuVasive’s $150m acquisition of Simplify Medical