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medical device industry sees significant mergers and acquisitions in 2024
In 2024, the medical device manufacturing sector witnessed significant mergers and acquisitions, highlighting ongoing consolidation trends. Notable transactions included Boston Scientific's $3.7 billion acquisition of Axonics and Roche's $295 million deal for LumiraDx's Point of Care technology. Other key players like GE Healthcare and Edwards Lifesciences also expanded their portfolios through strategic acquisitions, enhancing their capabilities in various medical fields.