Total Medical devices industry deals worth $9.3bn were announced globally for July 2022, with the $3.9bn acquisition of 1Life Healthcare being the sector’s biggest investment, according to GlobalData’s deals database.
The value marked an increase of 73.8% over the previous month of $5.34bn and a drop of 24.4% when compared with the last 12-month average of $12.28bn.
In terms of number of deals, the sector saw a drop of 19.31% with 163 deals in July 2022 when compared to the last 12-month average of 202 deals.