The market for medical devices is a mature market: the mergers and acquisitions emissions increased significantly in 2014 and indicate that they will continue to grow in 2019 and beyond.
Baker Tilly analyses the three most important mergers in the market. But before that, the sector is explained. Medical devices refers to any instrument, apparatus, implement, machine, implant... Medical devices are essential for the safe and effective prevention, diagnosis, treatment and rehabilitation of illness and disease.
The company Essilor is a leading French innovator and manufacturer of the world's most advanced lenses, providing products and services to meet vision needs. Essilor acquired the company Luxxottica Group owner of Ray-Ban sunglasses for the first time.
49 billion euros. In this way, they have created a giant in the optical industry with combined sales of 15 billion euros in the first year of the merger alone.
The US company Medtronic a global leader in medical devices, acquired Covidiena provider of surgical and monitoring products, in a cash and stock transaction valued at $42.9 million. This gives Medtronic a more complete product portfolio, a diversified growth profile and broad geographic reach in more than 150 countries.
Stryker Corporation is a US multinational medical technology company: implants, surgical equipment and surgical navigation systems, as well as other medical device products used in a variety of medical specialties. Stryker Corporation acquired Sage Products, for USD 2.775 billion.
Sage Products develops, manufactures and distributes disposable products aimed at reducing adverse events, primarily in the intensive care unit and in the medical or surgical hospital unit environment. The acquisition is made to offer products and services that support a prevention mindset, specifically in the area of never events (hospital-acquired infections).