Medical Devices industry M&A deals total $4.6bn in US in July 2022

Total medical devices industry M&A deals worth $4.6bn were announced in the US in July 2022, with Amazon.com’s $3.9bn acquisition of 1Life Healthcare being the sector’s biggest investment, according to GlobalData’s deals database.

The value marked an increase of 559.5% over the previous month of $702.1m and a drop of 24.6% when compared with the last 12-month average of $6.14bn.

The US held a 99.78% share of the global medical devices industry M&A deal value that totalled $4.64bn in July 2022.

In terms of M&A deal activity, the US recorded 21 deals during July 2022, marking an increase of 23.53% over the previous month and a drop of 4.55% over the 12-month average.

US medical devices industry M&A deals in July 2022: Top deals

The top five medical devices industry M&A deals accounted for 99.8% of the overall value during July 2022.

The combined value of the top five medical devices M&A deals stood at $4.62bn, against the overall value of $4.6bn recorded for the month.

The top five medical devices industry M&A deals of July 2022 tracked by GlobalData were:

1) Amazon.com $3.9bn acquisition deal with 1Life Healthcare

2) The $500m acquisition of OpenEye Scientific Software by Cadence Design Systems

3) Health Sciences Acquisitions2 $158m acquisition deal with Orchestra BioMed

4) The $52.5m acquisition of Palamedrix by SomaLogic

5) Inotiv $11m acquisition deal with Protypia