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  1. Deals Analysis
March 23, 2021

Medical Devices industry M&A deals total $831.84m in North America in February 2021

Total medical devices industry M&A deals worth $831.84m were announced in North America in February 2021, led by Veracyte’s $600m acquisition of Decipher Biosciences, according to GlobalData’s deals database.

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The value marked a decrease of 96.2% over the previous month of $22.04bn and a drop of 88% when compared with the last 12-month average of $6.93bn.

North America held a 96.52% share of the global medical devices industry M&A deal value that totalled $861.84m in February 2021. With a 96.52% share and deals worth $831.84m, the US was the top country in North America’s M&A deal value across medical devices industry.

In terms of M&A deal activity, North America recorded 31 deals during February 2021, marking a decrease of 6.06% over the previous month and a rise of 40.91% over the 12-month average. The US recorded 28 deals during the month.

North America medical devices industry M&A deals in February 2021: Top deals

The top five medical devices industry M&A deals accounted for 99.6% of the overall value during February 2021.

The combined value of the top five medical devices deals stood at $828.34m, against the overall value of $831.84m recorded for the month.

The top five medical devices industry M&A deals of February 2021 tracked by GlobalData were:

1) Veracyte’s $600m acquisition of Decipher Biosciences

2) The $150m acquisition of Simplify Medical by NuVasive

3) Mind Medicine MindMed’s $32.66m acquisition of HealthMode

4) The $23.68m acquisition of Chronix Biomedical by OncoCyte

5) Volpara Solutions’ acquisition of CRA Health for $22m.

Related Companies

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.

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