MEDICAL TECHNOLOGY M&A MARKET DYNAMICS
- M&A activity in the Medical Technology sector was relatively soft in Q1 2025, with 118 announced transactions, falling short of the 135 deals recorded in Q1 2024. To keep pace with the relatively stable deal volumes seen over the past three years on a yearly basis, the market will need to see a pickup in activity in the coming quarters.
- Continuing with historical norms, strategic buyers accounted for approximately two-thirds of Medical Technology deals in the quarter, with 78 transactions.
- Deals were well-distributed across segments, with the Consumable & Disposable sector leading at 20% of total transactions. The Equipment, Service, and Therapeutic Devices segments accounted for 18%, 18%, and 14% of the activity, reflecting a balanced investment landscape.
