North America’s medical devices industry saw a drop of 22.52% in deal activity during August 2022, when compared with the last 12-month average, led by Teleflex’s $300m acquisition of Standard Bariatrics, according to GlobalData’s deals database.
A total of 86 medical devices industry deals worth $1.4bn were announced for the region in August 2022, against the 12-month average of 111 deals.
Of all the deal types, venture financing saw most activity in August 2022 with 68 transactions, representing a 79.1% share for the region.
