Total medical devices industry cross border deals worth $11.9bn were announced globally for August 2021, with the $7.3bn private equity deal with Inovalon Holdings being the sector’s biggest investment, according to GlobalData’s deals database.
The value marked an increase of 154.9% over the previous month of $4.68bn and a rise of 77.5% when compared with the last 12-month average of $6.72bn.
In terms of number of cross border deals, the sector saw a drop of 25.00% with 33 deals in August 2021 when compared to the last 12-month average of 44 deals.
