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Medical Diabetes Management Devices sector

Strategic acquirers, private equity (buyout funds and growth funds) firms, and valuation benchmarks for Medical Diabetes Management Devices

1.1 - About Medical Diabetes Management Devices sector

Companies in the Medical Diabetes Management Devices category design, manufacture, and integrate hardware and software that measure glucose and deliver insulin for people with diabetes. They provide continuous glucose monitoring, smart insulin delivery, and connected data platforms that support clinical decision-making and remote care. The value proposition centers on accuracy, reliability, interoperability, and insights that help providers and patients improve glycemic control while streamlining care workflows and supply management.

Typical offerings span continuous glucose monitoring sensors with wireless transmitters, insulin pumps and patch pumps, and automated insulin delivery or hybrid closed‑loop systems that pair CGM data with algorithmic dosing. Vendors also provide smart insulin pens, blood glucose meters with test strips, mobile companion apps, clinician dashboards, and cloud data services that integrate via Bluetooth and HL7/FHIR. Many support remote patient monitoring, device analytics, and compliance with FDA/CE standards and cybersecurity requirements.

Primary customer segments include hospitals and health systems, endocrinology and diabetes clinics, and home health providers, with payers increasingly involved in adoption and reimbursement. Outcomes typically include improved time-in-range and reduced hypoglycemia events, lower readmissions and total cost of care, expanded remote monitoring capacity, and better therapy adherence. Strategic buyers in diabetes devices seek platforms that enable data-driven care plans, interoperable workflows, and scalable patient support programs.

2. Buyers in the Medical Diabetes Management Devices sector

2.1 Top strategic acquirers of Medical Diabetes Management Devices companies

Tandem Diabetes Care Logo

Tandem Diabetes Care

HQ: United States Website
  • Description: Provider of insulin delivery and diabetes technology solutions, manufacturing automated insulin delivery systems such as the Tandem Mobi and t:slim X2 pumps with Control-IQ hybrid closed-loop technology, and offering complementary diabetes education, pump training, software updates and benefit programs for effective blood-glucose management in multiple international markets.
  • Key Products:
  • Tandem Mobi system: Wearable, ultra-compact automated insulin delivery pump utilizing Control-IQ technology to continuously adjust basal insulin, providing personalized glucose control with minimal device footprint
  • t: slim X2 insulin pump: Touchscreen insulin pump featuring Control-IQ hybrid closed-loop algorithm that automatically delivers and suspends insulin based on glucose sensor data to ease daily diabetes management
  • t: connect Diabetes Management Application: Cloud-based app that syncs pump and glucose data, offering users and clinicians real-time dashboards and reports to monitor trends, adjust therapy, and improve outcomes
  • t: simulator Insulin Pump Demo App: Mobile simulation app replicating the t:slim X2 pump interface, enabling prospective users and educators to practice programming and navigation without live insulin delivery.
  • Company type: Private company
  • Employees: ●●●●●
  • Total funding raised: $●●●m
  • Backers: ●●●●●●●●●●
  • Acquisitions: ●●
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2.2 - Strategic buyer groups for Medical Diabetes Management Devices sector

M&A buyer group 1: Glucose Monitoring Devices

8 companies View group →
Description: Companies in this category design and manufacture devices and connected platforms to measure and track blood glucose for diabetes care. Medical Glucose Monitoring Devices span continuous and spot-check solutions that deliver accurate readings, actionable alerts, and longitudinal data to patients and clinicians. Vendors focus on clinical accuracy, connectivity, and workflow integration to enable real-time decision-making and programmatic population management.
DarioHealth

DarioHealth

Website HQ: United States
  • Type: N/A
  • Employees: ●●●●●
  • Description: Provider of data-driven digital health solutions for chronic condition management, offering an integrated platform of connected devices, mobile apps and analytics for diabetes, hypertension, weight, behavioral and musculoskeletal care, as well as employer and health-plan programs that improve outcomes and lower costs.
  • Key Products:
  • Diabetes Management Solution: Smartphone-connected digital therapeutic combining real-time glucose monitoring, personalized coaching, and evidence-based interventions to drive sustained behavior change and improved glycemic control
  • Hypertension Management Solution: AI-driven program that pairs connected blood-pressure monitoring with adaptive software and coaching to help users track readings, receive feedback, and lower blood-pressure levels
  • Cardiometabolic Suite for Employers: Multi-condition platform offered to employer populations, bundling diabetes, hypertension and related chronic-care programs to generate recurring outcomes-based revenue
  • Multi-Condition Digital Therapeutics Platform: Core software infrastructure integrating life-science, behavioral-science and analytics capabilities to rapidly expand into additional chronic conditions and geographic markets.
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Buyer group 2: ████████ ████████

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Key Products: ████████, ████████, ████████, ████████
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Buyer group 3: ████████ ████████

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Description: ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████
Key Products: ████████, ████████, ████████, ████████
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3. Investors and private equity firms in Medical Diabetes Management Devices sector

3.1 - Buyout funds in the Medical Diabetes Management Devices sector

Buyout Funds investing in Medical Diabetes Management Devices companies

51+ funds
Description: Buyout funds focused on Medical Diabetes Management Devices companies globally.

EQT

Website HQ: Sweden
  • Type: Buyout
  • Fund Size: $●●●m
  • Investment Range: $●●-●●●m
  • Focus: Technology companies in Medical Diabetes Management Devices
  • Relevant M&A transactions / similar portfolio companies:
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2.2 - Strategic buyer groups for Medical Diabetes Management Devices sector

Growth Equity Funds in Medical Diabetes Management Devices companies

41+ funds
Description: Growth equity funds focused on Medical Diabetes Management Devices companies globally.

Summit Partners

Website HQ: United States
  • Type: Growth
  • Fund Size: $●●●m
  • Investment Range: $●●-●●●m
  • Focus: High-growth companies in Medical Diabetes Management Devices
  • Relevant investments / similar portfolio companies:
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4 - Top valuation comps for Medical Diabetes Management Devices companies

4.2 - Public trading comparable groups for Medical Diabetes Management Devices sector

Valuation benchmark group 1: Diabetes Care Device Companies

7 companies View group →
Description: Companies in this public trading comparables group design, manufacture, and market diabetes care devices, including insulin delivery systems and glucose monitoring technologies. Business models blend durable hardware, consumable supplies, and connected software, creating recurring revenue streams. They are comparable for valuation because they target similar end markets, rely on reimbursement-driven adoption, and monetize installed bases through disposables and digital services.
Medtronic logo

Medtronic

  • Enterprise value: $●●●m
  • Market Cap: $●●●m
  • EV/Revenue: ●.●x
  • EV/EBITDA: ●●.●x
  • Description: Provider of medical technology solutions including advanced devices and therapies for various medical conditions, focusing on cardiac care, neurological disorders, diabetes management, and surgical innovations to improve patient outcomes and enhance healthcare delivery.
  • Key Products:
  • Cardiac devices: Pacemakers and defibrillators for heart rhythm disorders
  • Insulin pumps: Advanced systems for diabetes management
  • Surgical innovations: Minimally invasive surgical tools and robotics
  • Neurostimulation: Implants for pain management and neurological conditions
  • Patient monitoring: Advanced monitoring systems for acute care.
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Revenue growth
Median
15.7%
2025E
16.0%
2026E
EBITDA margin
Median
28.2%
2025E
28.6%
2026E
Cash EBITDA margin
Median
27.6%
2025E
28.0%
2026E
EV/Revenue
Median
8.4x
2025E
6.8x
2026E
EV/EBITDA
Median
28.9x
2025E
24.4x
2026E
EV/Cash EBITDA
Median
29.0x
2025E
25.5x
2026E
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4.3 - M&A Transactions in the Medical Diabetes Management Devices sector

Selected M&A transactions

Date Target Description Buyer(s) Relevance EV EV/Revenue EV/EBITDA
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Frequently Asked Questions

Buyers & Acquirers in Medical Diabetes Management Devices sector

Who are the top strategic acquirers of Medical Diabetes Management Devices companies?

Top strategic buyers in this sector include Tandem Diabetes Care, a provider of insulin delivery and diabetes technology solutions, manufacturing automated insulin delivery systems such as the tandem mobi and t:slim x2 pumps with control-iq hybrid closed-loop technology, and offering complementary diabetes education, pump training, software updates and benefit programs for effective blood-glucose management in multiple international markets. .

Which buyer groups are most relevant for Medical Diabetes Management Devices companies?

Relevant strategic buyer groups similar to the Medical Diabetes Management Devices sector include Glucose Monitoring Devices because they share similar customer segments and product capabilities.

Financial Investors in Medical Diabetes Management Devices sector

Which are the top PE firms investing in Medical Diabetes Management Devices companies?

Potential investors in the broader Medical Diabetes Management Devices space include Summit Partners and EQT.

Who are the top buyout funds acquiring Medical Diabetes Management Devices companies?

Active PE funds and buyout funds acquiring companies in the Medical Diabetes Management Devices space include EQT.

Who are the top growth equity funds investing in Medical Diabetes Management Devices companies?

Growth funds investing in the broader Medical Diabetes Management Devices sector include Summit Partners.

Valuation of Companies in Medical Diabetes Management Devices sector

Which are the key public companies that are relevant trading comps for Medical Diabetes Management Devices companies?

Key trading comparable groups include Medtronic, a provider of medical technology solutions including advanced devices and therapies for various medical conditions, focusing on cardiac care, neurological disorders, diabetes management, and surgical innovations to improve patient outcomes and enhance healthcare delivery..

Which are the key trading comparable groups for Medical Diabetes Management Devices companies?

Similar trading comparable companies include Diabetes Care Device Companies. Our platform tracks detailed trading comparable groups in the Medical Diabetes Management Devices sector with complete valuation multiples, growth metrics, and profitability data. Access the full database to benchmark your company against relevant public comparables.

What are recent M&A transactions in the Medical Diabetes Management Devices sector?

Our platform tracks M&A transactions in the Medical Diabetes Management Devices sector with complete deal terms, valuation multiples, and strategic rationale. Access the full database to benchmark pricing and identify active acquirers.

What are recent capital raises and funding rounds in Medical Diabetes Management Devices?

Access recent funding rounds in the Medical Diabetes Management Devices sector including growth equity, venture capital, and buyout investments. Our database includes round size, lead investors, valuations, and use of proceeds.

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