Medtech merger and acquisition deal announcements slowed in the first half of 2019, but the industry got a boost from Verily’s $1 billion round of funding — the largest ever for a medtech firm. The Verily round was twice the size of the biggest-ever VC deal for a biotech company, according to the Vantage Half-Year […]
Report: Medtech sales to hit $529B by 2022
Worldwide medical technology sales are expected to reach $529.8 billion by 2022 with an annual growth rate of 5.2% over the next 7 years, according to a new EvaluateMedTech report from Evaluate. The report is based on “in-depth forecast models for the top 300 global medtech companies,” Evaluate said The international medtech market will see […]
Report: Evaluate forecasts $477.5 billion for medtech by 2020
Life science market intelligence group Evaluate Ltd. said the total value of the global medtech market could reach $477.5 billion by 2020, according to a report released this week . The group expects growth to see an annual rate of 4.1% ove the next 5 years, and that medtech R&D spending will grow by 3.5% […]
MDT buys hearing aid maker Sophono | The week in medtech M&A
The year of the medtech mega-merger
Source: EP Vantage.
Click image to enlarge.
The $40 billion worth of mergers and acquisitions last year in the medical device industry made it the year of the mega-merger, according to EP Vantage, with deal value more than doubling compared with 2013.
Bluegrass Vascular taps ex-ArthoCare R&D chief Niederauer for CEO | Personnel Moves
Bluegrass Vascular Technologies said it named Gabriele Niederauer its new president & CEO, hard on the heels of a Series A funding round that brought in $4.5 million for its Surfacer central venous catheter.
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