Medical Device Consolidation Frenzy: Here’s How to Play it

M&ABy now we all know how Medtronic knocked Johnson & Johnson JNJ from its indisputable position as the top firm in the medical devices space, thanks to the $43 billion Covidien merger last year. It’s really amazing to see how a single mega consolidation reshuffled the dynamics of the entire medical devices space.

And after that the industry hasn’t taken a breather. Deals like Zimmer-Biomet ZBH, Johnson & Johnson -Synthes and Thermo Fisher-Life Technologies and many more gave birth to unprecedented leaders in their respective niche markets. A number of untoward factors in the global economy over the past one and a half years did nothing to stop the pace of these consolidations.

In fact, going by the last available EvaluateGroup data, the first half of 2015 saw 86 mergers and acquisitions, totaling $83 billion, a rise of 166% from the year-ago period. Although the next report is not yet released, the unofficial talk is that the full year target of $100 billion of M&A valuation was effortlessly reached with the legacy continuing into 2016.


About Peter Coffaro 1136 Articles

A growth-driven and strategic executive, Peter Coffaro commands more than 20 years of progressive management success within the medical device industry. As a District Sales Manager for Stryker Orthopaedics, Peter was responsible for managing and directing a regional sales force to achieve sales and profit goals within the Rocky Mountain region. Previously, he was the Director of Sales & Marketing for Amp Orthopedics. In this role, Peter was responsible for planning, developing, and leading all sales and marketing initiatives. Peter is a former orthopedic distributor in the Pacific Northwest. He has also worked with DePuy Orthopaedics as well as Zimmer, and held positions in sales, sales training, and sales management. Peter has an extensive background in organizational development, business development, sales management, negotiating and P&L management. Peter holds a B.S. degree in Biology from Northern Illinois University.

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