Deals

Deal activity by volume related to metaverse increased by 82% year-on-year in 2022 in the medical devices industry

Credit: Bert van Dijk/Getty images.

Powered by

Analysis of the key themes driving deal activity reveals that metaverse accounted for 141 medical devices deals between 2018 and 2022, worth a total value of $3,416m, according to GlobalData’s Deals database covering mergers and acquisitions, private equity, venture financing, equity offerings and partnerships. The $105m venture financing by MindMaze was the largest disclosed deal in 2022, while the $1,546m equity offering by Lenovo Group was the largest disclosed deal in 2021.

In volume terms, metaverse related deal activity increased by 82% year-on-year in 2022 and decreased by 31% year-on-year in 2021.

Deal activity related to metaverse in the global medical devices industry in the last five years  

Top deals related to metaverse in the medical devices industry in the last five years

Deal volume by deal type for metaverse related deals in the medical devices industry in the last five years

Venture financing accounted for the highest number of deals in the last five years, with 83 deals, followed by partnerships (31 deals), and equity offering (11 deals).

Top financial advisors for metaverse related deals by value in the medical devices industry in the last five years

The top financial advisors supporting deals related to metaverse in the medical devices industry in the last five years in terms of value were China International Capital, Pareto Securities, Citigroup, Credit Suisse Group, and UBS Investment Bank.

Top legal advisors for metaverse related deals by value in the medical devices industry in the last five years

The top legal advisors supporting deals related to metaverse in the medical devices industry in the last five years in terms of value were Advokatfirman Vinge; Baker & McKenzie Advokatbyra; Mintz, Levin, Cohn, Ferris, Glovsky and Popeo; Sidley Austin; and White & Case.

GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article.  

GlobalData’s Deals database provides comprehensive coverage across industries tracking market activity of global mergers & acquisitions, including asset acquisitions/divestments; private equity deals (PE); venture finance deals (VC); equity offerings, including IPOs, follow-on offerings, and private placements; debt offerings, including private placements, metaverse bonds and loans; partnerships; and licensing agreements.  

This analysis considers only announced and completed deals from the GlobalData financial deals database and excludes all terminated and rumored deals.