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December 8, 2020 — Total medical devices industry deals for Q3 2020 worth $98.5B were announced globally, according to GlobalData’s deals database. The value marked an increase of 1,039.5% over the previous quarter and a rise of 860% when compared with the last four-quarter average of $10.26B.
In terms of number of deals, the sector saw a rise of 15.7% over the last four-quarter average with 508 deals against the average of 439 deals. In value terms, North America led the activity with deals worth $93.96B.
Medical devices industry deals in Q3 2020: Top deals
The top five medical devices deals accounted for 89.4% of the overall value during Q3 2020. The combined value of the top five medical devices deals stood at $88.01bn, against the overall value of $98.5B recorded for the month.
The top five medical devices industry deals of Q3 2020 tracked by GlobalData were:
- Vilex in Tennessee’s $62B acquisition of DT MedTech
- The $16.4B acquisition of Varian Medical Systems by Siemens Healthineers
- Illumina’s $8B acquisition of Grail
- The $825M private equity deal with NN by ASP Navigate Acquisition
- Patricia Industries’ acquisition of Advanced Instruments for $780M.
For more information: www.globaldata.com
January 28, 2026 
