Analysis of the key themes driving M&A activity reveals that artificial intelligence accounted for 23 medical devices deals announced in Q3 2024, worth a total value of $209.9m. The $139m acquisition of Augmedix by Commure was the industry’s largest disclosed deal. GlobalData’s Medical Devices Industry Mergers and Acquisitions Deals by Top Themes in Q3 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, artificial intelligence-related deal activity decreased by 95% in Q3 2024 compared with the previous quarter’s total of $4.6bn and rose by 2903% as compared to Q3 2023. Related deal volume increased by 44% in Q3 2024 versus the previous quarter and was 130% higher than in Q3 2023.
The top-ranked financial advisors supporting these M&A deals in 9M 2024 were Jefferies Financial Group; Cavendish Corporate Finance; Cavendish Financial with 2, 1, 1 deals respectively.
The top-ranked legal advisors supporting these M&A deals in 9M 2024 were Ropes & Gray; Kirkland & Ellis; Eversheds Sutherland (International) with 3, 2, 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.
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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.
