Medical Devices : Analysis of investment trends in the sector

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BY : Diego GutiérrezMarch Thu, 2020

Baker Tilly International's Medical DevicesMedical devices, or Medical Devices, are those devices used exclusively for medical or therapeutic purposes, and are nowadays of vital importance in diagnosing, preventing, monitoring and treating diseases.

The objective of this analysis has been to examine and identify investment trends in the sector from 2010 to 2019.

Global analysis in the Medical Devices sector

Medical Devices : Analysis of investment trends in the sector

Since 2010 in the sector Medical Devices 3,172 companies have been created out of the 3,562 companies active today, therefore, it can be seen that the vast majority of the companies dedicated to the development of medical devices are newly created. This suggests that this is a relatively new and growing sector with great potential. This is logical, as it is a market based on technological development and innovation.

However, there are some companies with vital relevance in the medical device market. Today's leader in the sector is the Irish company Medtronica technology company dedicated to providing medical services and solutions, which is valued at over $145 billion. Another relevant company would be Strykerwith a market value of approximately 80 billion dollars.

Investment trends

Since our base year, a total of more than USD 3.3 billion has been invested globally in the development and commercialisation of the Medical Devices, in a total of 302 rounds launched by companies in need of funding. Of these 302 rounds, almost half have taken place in stages. Seed This confirms the assertion that there are a large number of start-ups in the sector. In addition, a further 61 rounds took place in Early Stages.

Finally, it is worth mentioning that the last year has also seen very intensive capital investments. For example, Bardy Diagnostic launched its second round (Series B), raising $35.5 million in funding. A deal with a similar value was that of the very young start-up company IDxwhich raised $32.6 million in its first round (Series A).

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