Amid the rising competitive pressures and economic uncertainty, medical device companies are turning to impactful themes to stay ahead. Against this backdrop, genomics and big data have emerged as two of the most prominent themes driving the merger and acquisition (M&A) activity in the medical devices sector, says GlobalData, a leading data and analytics company. GlobalData’s latest report, “Medical Devices Industry Mergers and Acquisitions Deals by Top Themes in 2022 – Thematic Intelligence,” reveals that a total of 889 M&A deals were announced in the medical devices sector in 2022, collectively worth $93 billion. This activity was largely driven by two themes: genomics (the study of genes and their functions) and big data.
Read the full article: Genomics, Big Data among Key Themes Driving M&A Activity in Medical Devices, Says GlobalData //
Source: https://www.globaldata.com/media/thematic-research/genomics-big-data-among-key-themes-driving-ma-activity-in-medical-devices-says-globaldata