M&A activity in the medical devices industry in Canada increased by 14% in Q1 2023

OBIO NewsOntario Industry Updates
Written By Arsheen Kaur

According to GlobalData’s Deals Database, eight M&A deals were announced in Q1 2023, worth a total value of $150.9m in the Canadian medical devices industry.

 In value terms, M&A activity in Canada increased by 1763% in Q1 2023 compared with the previous quarter’s total of $8.1m and rose by 128% as compared to Q1 2022. Related deal volume increased by 14% in Q1 2023 versus the previous quarter and was 14% higher than in Q1 2022.

Arsheen Kaur
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