MedTech players are significantly investing into healthcare digitalization. Of the top 10 MedTech acquisitions (2020-2022), 4 deals were acquisitions of software companies.
This includes the #1 largest MedTech acquisition by deal price, the Teladoc acquisition of digital health company Livongo, for $18.5 billion. Although the deal initially helped create a new digital health giant, Teladoc is yet to fully integrate the solution into its offerings.
Digital health – remote health, healthcare apps, digital healthcare databases and other solutions – will be a key focus point for the near future. Other interesting directions for growth and diversification include innovative products (e.g. cardiovascular, oncology) and consumables and accessories (e.g. infection control, surgical tools).
TSN analyzed the top 10 MedTech acquisitions by price, in 2020-2022. The chart shows the largest acquisitions by MedTech players of companies in various fields, such as software, surgical, cardiovascular, oncology and infection.
