Medtech M&A activity has been on the rise for several years and shows no signs of slowing down. The industry has seen its deals getting bigger and bigger, giving way to a surge in the number of higher-valued mega-deals, or those worth at least $1 billion. For each of the past two years there have been at least 10 mega-mergers, three of which were over $10 billion.
While the exact drivers behind these mega M&As vary for each transaction, there are some common factors inexorably contributing to...