Analysis of the key themes driving private equity deal activity reveals that artificial intelligence accounted for five medical devices deals announced in Q3 2024, worth a total value of $578.3m. The $525m investment by Canyon Partners and General Atlantic in Carestream Dental was the industry’s largest disclosed deal. A thorough analysis of the disruptive themes and the Private Equity deal activity are included in GlobalData’s Medical Devices Industry Mergers and Acquisitions Deals by Top Themes report. Buy the report here.

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In value terms, artificial intelligence-related deal activity increased by 5305% in Q3 2024 compared with the previous quarter’s total of $10.7m and fell by 80% as compared to Q3 2023. Related deal volume increased by 150% in Q3 2024 versus the previous quarter and was 17% lower than in Q3 2023.

The top-ranked legal advisors supporting these private equity deals in 9M 2024 were Akin Gump Strauss Hauer & Feld; Gibson, Dunn & Crutcher; McDermott Will & Emery with 1, 1, 1 deals respectively.

For further understanding of GlobalData's Medical Devices Industry Mergers And Acquisitions Deals By Top Themes In Q3 2024 – Strategic Intelligence, buy the report here.

This content was updated on 19 October 2024

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GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article.

GlobalData’s Deals Database tracks global deal activity, including mergers, acquisitions, capital raising, strategic alliances, and licensing agreements. Proprietary analysis is used to group deals into key thematic areas and granular sectors across the world’s largest industries.

This analysis considers only announced and completed deals from the GlobalData financial deals database and excludes all terminated and rumoured deals. Deal type includes Buyouts and Direct Investments done by Private Equity firms.