Medical device industry makes a comeback, poised to see first yearly funding increase since 2014

3d small people - financial success2015 wasn’t such a great year for medical device investing.

But a new report from CB Insights, a database which tracks both venture capital and corporate venture capital investments in various sectors, shows that the industry — globally — is poised for a comeback in 2016.

The report found that as of August 8, global deal value and deal volume are at $2.1B and 288 deals respectively. If funding keeps this pace, then by year-end, the number of deals will be on track to exceed 475, representing a 6% increase from last year. Two major deals — involving CVRx and Acutus Medical — is expected to propel the value of all deals to $3.52 billion, a slight uptick from $3.40 billion in 2015.

Here’s a five-year history of investment in the industry.

By Arundhati Parmar | MedCity News

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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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