Written by Laura Dyrda
Consolidation is huge in the medical device space this year, and experts are not expecting the action to slow down.
According to a Health Care M&A News report, the consolidation is having a huge impact on the orthopedic device industry. Here are 10 key trends on the total medical device market to know:
1. The consolidation — such as the Zimmer/Biomet deal and Medtronic/Covidien deal announced earlier this year — are making even bigger global leaders.
2. Mid-sized and smaller manufacturers are now merging to strengthen product pipelines.
3. Tight regulations on tax inversions aren’t stopping the year’s biggest transactions in the sector, including the Medtronic/Covidien deal.