healthcare.digital July 4, 2024
Executive Summary
The medical device market refers to the industry that encompasses the development, manufacturing, and distribution of medical devices. Medical devices are instruments, apparatuses, machines, implants, or similar articles that are used to diagnose, prevent, monitor, treat, or alleviate medical conditions.
M&A activities can help medical device companies gain a competitive edge by acquiring technologies or intellectual property that differentiate their products from competitors. The main driver is to offer unique solutions, attract more customers, and increase market share.
Several factors are driving mergers and acquisitions (M&A) in the medical devices market in 2024. Here are some key drivers:
Market Consolidation: The medical devices market is highly fragmented, with numerous companies operating in various segments. M&A activity often aims...