Mergers & Acquisitions Tracker 1993-2021

Rather than shutdown M&A activity in the orthopedic space, COVID-19 accelerated the pace of tuck-in acquisitions as cash-rich companies entered adjacent segments and added novel technologies.

Stay on top of the industry's consolidation trend with our refreshed orthopedic M&A Tracker. We've made it easier than ever to integrate decades of transactions into your own analysis. Here's what you get when you purchase the Tracker:

  • Raw data for over 500 transactions going back to 1993
  • Transaction type, value, and sales multiple where available
  • Segment information for all transactions since 2016
  • Prebuilt executive summary tables and charts
  • Regularly updated file available to download for one year

We tracked 42 transactions in 2020.

Despite headwinds and operational challenges from the pandemic, 2020 brought the most M&A transactions since 2016.

Learn which companies were most active in which segments.


Almost 30% of transactions in 2020 included companies or products in the spine segment.

The spine market is by far the most active area of M&A in orthopedics. Since 2016, spine transactions are almost double the nearest segment.

Learn which segments are accelerating as the market evolves.