The global aesthetic devices M&A landscape has been witnessing strong consolidation activity, with 9 acquisitions amounting to more than $1.35 billion, inked in 2008 alone.
Online PR News – 28-December-2009 – – The global aesthetic devices M&A landscape has been witnessing strong consolidation activity, with 9 acquisitions amounting to more than $1.35 billion, inked in 2008 alone. Johnson & Johnson’s announcement to acquire Mentor Corporation, alone contributed 80% to the overall aesthetic devices M&A deal value in 2008.
The aesthetic devices market growth is expected to hit rock-bottom level in the wake of the ongoing recession, primarily for the fact that elective and non-reimbursable procedures like aesthetics are discretionary and can be postponed. With ever-declining market worth of many, pure-play aesthetics manufacturers have suddenly become attractive acquisition prospects. The future could see more activity in the global aesthetic devices M&A landscape.
This analysis was taken from a research paper published by GlobalData, to download the full Research Paper for free, click below:
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