US medical devices industry saw a drop of 25% in overall deal activity during June 2022, when compared with the last 12-month average, led by Evolent Health’s $462m acquisition of Implantable Provider Group, according to GlobalData’s deals database.
A total of 81 deals worth $1.6bn were announced in June 2022, compared with the 12-month average of 108 deals.
Venture financing was the leading category in the month in terms of volume with 57 deals, which accounted for 70.4% of all deals.
