Here are five insights:
1. In the second quarter, medical device deals were valued at $37.4 billion.
2. Two deals pushed this subsector into the lead:
• Becton Dickinson purchased C.R. Bard for $25.7 billion
• Medtronic sold supply lines to Cardinal Health for $6.1 billion
3. In the second quarter, 18 transactions occurred in the medical device field.
4. PwC analysts predict the medical device space will continue to see strong M&A activity.
5. The report also notes medical device companies are seeking to broaden their portfolios.
More articles on devices:
K2M, Smith & Nephew & more: 9 device company mergers, acquisitions and agreements
RTI Surgical reports $72.1M in Q2 revenue: 5 highlights
DePuy Synthes & Medical Enterprises Distribution to co-market automated THA technology: 6 points
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