Medical devices industry M&A deals in August 2019 total $1.85bn globally

23 September 2019 (Last Updated September 23rd, 2019 07:27)
Medical devices industry M&A deals in August 2019 total $1.85bn globally

Total medical devices industry M&A deals in August 2019 worth $1.85bn were announced globally, according to GlobalData’s deals database.

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The value marked a decrease of 63.1% over the previous month and a drop of 52.4% when compared with the last 12-month average, which stood at $3.88bn.

Comparing deals value in different regions of the globe, North America held the top position, with total announced deals in the period worth $1.71bn. At the country level, the US topped the list in terms of deal value at $1.66bn.

In terms of volumes, North America emerged as the top region for medical devices industry M&A deals globally, followed by Europe and then Asia-Pacific.

The top country in terms of M&A deals activity in August 2019 was the US with 13 deals, followed by Germany with three and Canada with two.

In 2019, as of the end of August 2019, medical devices M&A deals worth $30.29bn were announced globally, marking an increase of 73.7% year on year.

Medical devices industry M&A deals in August 2019: Top deals

The top five medical devices industry M&A deals accounted for 92.3% of the overall value during August 2019.

The combined value of the top five medical devices M&A deals stood at $1.7bn, against the overall value of $1.85bn recorded for the month.

The top five medical devices industry deals of August 2019 tracked by GlobalData were:

1) Siemens Healthineers’ $1.1bn acquisition of Corindus Vascular Robotics

2) The $300m acquisition of SentreHEART by AtriCure

3) Hill-Rom Holdings’ $130m acquisition of Breathe Technologies

4) The $101.8m acquisition of New Aera by Inogen

5) The $72m merger of INEX Innovations Exchange and Nova Satra.

Verdict deals analysis methodology

This analysis considers only announced and completed deals from the GlobalData financial deals database and excludes all terminated and rumoured deals. Country and industry are defined according to the headquarters and dominant industry of the target firm. The term ‘acquisition’ refers to both completed deals and those in the bidding stage.

GlobalData tracks real-time data concerning all merger and acquisition, private equity/venture capital and asset transaction activity around the world from thousands of company websites and other reliable sources.

More in-depth reports and analysis on all reported deals are available for subscribers to GlobalData’s deals database.