The 2023 MTI 100 list reflects a below-average level of M&A activity. The threshold for inclusion rose to half a billion US dollars for the first time. Several new names – many of them China-based IVD and other medical device manufacturers – have entered the lower reaches of the Top 100.
The table also reflects the winding out of COVID-based revenues, especially among IVD players – with the top ten companies Abbott and Roche the most visible examples of this.
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