The market for medical devices is a mature market: the acquisitionsincreased significantly in 2014 and indicate that they will continue to grow in 2019 and beyond.
Baker Tilly analyses which are the most important acquisitions in the market. But first, the sector is explained. Medical devices refers to any instrument, apparatus, appliance, implement, machine, implant... Medical devices are essential for the safe and effective prevention, diagnosis, treatment and rehabilitation of disease and illness.
Johnson & Johnson and Auris Health
Multinational Johnson & Johnson has reached an agreement to buy Auris Health for $3.4 billion with the aim of accelerating its entry into robotics, simplifying surgery, boosting efficiency, reducing complications and improving patient outcomes.
Auris Health is a technology developer specialising in lung cancer treatment, as part of its creation of a digitally connected ecosystem in the healthcare sector and also positions itself as a leader in surgical procedures.
Johnson & Johnson is an American multinational manufacturer of medical devices, pharmaceuticals, personal care, fragrances and baby products founded in 1886.
Siemens Healthineers and Corindus
Siemens Healthineers has signed a merger agreement with the American company Corindus Vascular Robotics, a world leader in technology for robotic-assisted vascular interventions. Thanks to which it is positioned as one of the main leaders in the field of robotic vascular interventions and minimally invasive procedures.
The acquisition is aimed at simplifying the current challenges faced by practitioners in their daily practice, as robotic-assisted minimally invasive procedures can reduce treatment times, increase treatment accuracy, raise levels of standardisation in clinical procedures and ultimately improve clinical outcomes, which represent the strategic focus of the Advanced Therapies business segment.
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