North America’s medical devices industry saw a drop of 7.29% in deal activity during August 2021, when compared with the last 12-month average, led by 22C Capital, Insight Partners and Nordic Capital’s $7.3bn private equity deal with Inovalon Holdings, according to GlobalData’s deals database.
A total of 89 medical devices industry deals worth $12.9bn were announced for the region in August 2021, against the 12-month average of 96 deals.
Of all the deal types, venture financing saw most activity in August 2021 with 60 transactions, representing a 67.4% share for the region.
