Total medical devices industry cross border deals worth $807.8m were announced globally for September 2022, with the $243.32m acquisition of Medi-Globe being the sector’s biggest investment, according to GlobalData’s deals database.
The value marked a decrease of 82.7% over the previous month of $4.67bn and a drop of 73.3% when compared with the last 12-month average of $3.02bn.
In terms of number of cross border deals, the sector saw a drop of 23.44% with 49 deals in September 2022 when compared to the last 12-month average of 64 deals.
In value terms, Europe led the activity with cross border deals worth $400.85m in September 2022.
