The European HealthTech and MedTech M&A landscape in 2026 is poised for significant strategic acceleration, marking a transition from cautious, volume-driven dealmaking to high-value, transformative transactions. Deal flow is consolidating toward fewer but substantially larger deals, with market participants prioritising scalable technologies with robust clinical validation and AI integration capabilities.

The European HealthTech market, encompassing Healthcare IT and Artificial Intelligence (AI), presents a robust and timely opportunity for specialised Private Equity (PE) deployment in 2026. Following a period defined by market correction and post-COVID-19 volatility, the sector is experiencing a strategic rebound driven by demographic pressures, mandatory regulatory shifts and the transition from fragmented point solutions to scalable, proven business models.

The current European HealthTech and MedTech landscape presents a compelling and timely opportunity for specialised Private Equity (PE) deployment, driven by a simultaneous market correction and entrenched structural fragmentation. Following the "exuberance" and peak valuations of the COVID-19-driven Venture Capital (VC) boom of 2021–2022, a significant shift in investor sentiment has occurred. High interest rates and inflation have elevated the cost of capital, forcing in

Private equity firms have traditionally focused on investing in large, high-growth healthcare technology companies. However, there is a growing opportunity for private equity firms to tap into the midtier of the healthtech landscape. These midtier companies have demonstrated a proof of concept, have won flagship customers, and are consistently profitable. However, they are unlikely to reach billion-dollar valuations. This makes them attractive targets for private equity fi