MedDevNews, Q3 2021
The medical device sector demonstrated sustained high levels of M&A and financing activity in Q3. Over two thirds of our tracked sectors in the medical device space witnessed positive stock price momentum versus the S&P 500, further demonstrating positive sector trajectory and outlook. Discussions with numerous strategic acquirers and private companies during the quarter and particularly following Labor Day, indicated that despite the Delta surge, there were a large number of assets on the market and buyer M&A teams are very busy and actively looking at several potential acquisitions on average.