In the Canadian medical devices industry, there were 3 M&A deals announced in Q1 2024, worth a total value of $82m, according to GlobalData’s Deals Database. The $82m acquisition of ARTMS by Telix Pharmaceuticals was the industry’s largest disclosed deal. GlobalData’s Medical Devices Industry Mergers and Acquisitions Deals by Top Themes in Q1 2024 report helps understand the pivotal themes steering M&A activity in the industry. Buy the report here.

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In value terms, M&A activity in Canada decreased by 68% in Q1 2024 compared with the previous quarter’s total of $253m and fell by 46% as compared to Q1 2023. Related deal volume remained flat in Q1 2024 versus the previous quarter and was 63% lower than in Q1 2023.

For further understanding of GlobalData's Medical Devices Industry Mergers And Acquisitions Deals By Top Themes In Q1 2024 – Thematic Intelligence, buy the report here.

This content was updated on 23 April 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 Acquisition, Asset transactions and Mergers.