Medical devices industry M&A deals in November 2020 total $1.9bn globally

14 December 2020 (Last Updated December 14th, 2020 18:26)

Medical devices industry M&A deals in November 2020 total $1.9bn globally

Total medical devices industry M&A deals in November 2020 worth $1.9bn were announced globally, according to GlobalData’s deals database.

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The value marked a decrease of 59.2% over the previous month and a drop of 65.7% when compared with the last 12-month average, which stood at $5.53bn.

Comparing deals value in different regions of the globe, North America held the top position, with total announced deals in the period worth $1.66bn. 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 November 2020 was the US with 16 deals, followed by the UK with five and Republic of Korea (South Korea) with two.

In 2020, as of the end of November 2020, medical devices M&A deals worth $59.17bn were announced globally, marking an increase of 58.8% year on year.

Medical devices industry M&A deals in November 2020: Top deals

The top five medical devices industry M&A deals accounted for 97.6% of the overall value during November 2020.

The combined value of the top five medical devices M&A deals stood at $1.85bn, against the overall value of $1.9bn recorded for the month.

The top five medical devices industry deals of November 2020 tracked by GlobalData were:

1) Longview Acquisition’s $1.5bn acquisition of Butterfly Network

2) The $145m acquisition of Nine Continents Medical by Coloplast

3) Medios’ $143.81m acquisition of Cranach Pharma

4) The $40.27m acquisition of Lidco Group by Masimo

5) Medica Group’s acquisition of Global Diagnostics Ireland for $23.38m.

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.