M&A activity in the medical device industry has been rife in 2021 as companies recover from the pandemic. Q1 saw the highest number of deals compared to the same period in previous years, with figures reaching $58.1bn, according to the deals database by GlobalData.
Aliyah Farouk, Senior Medical Devices Analyst at GlobalData comments: “The number of deals slowed down in the second quarter of the year, but there was a 47% increase in deal value in comparison to Q1. One prominent deal was the acquisition of Hill-Rom by Baxter: Baxter’s largest deal to date. This deal will make Baxter one …
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