CANADA MEDICAL DEVICES MARKET

INTRODUCTION

The eighth-biggest market for medical devices is in Canada, which also boasts one of the greatest economies in the world. High-quality medical technologies are in high demand in the sophisticated and established Canadian medical device sector.

Most of the medical equipment utilized in Canada's healthcare system is imported. However, exports of medical equipment are increasing. Canada has a thriving industrial sector, with Ontario and Quebec serving as its economic centers.

Since a large percent of the market for medical devices is made up of imports, there are many opportunities for international producers in Canada. The most popular items are diagnostic tools, patient monitoring tools, consumables, patient assistance, orthopedic/prosthetic devices, and dental goods.

The regulatory procedure in Canada is equally well-established. It could be simpler for US manufacturers to enter the Canadian market if they obtain FDA permission.

CANADA MEDICAL DEVICES MARKET SIZE AND FORECAST

 The Canada Medical Devices market accounted for $XX Billion in 2023 and is anticipated to reach $XX Billion by 2026, registering a CAGR of XX% from 2024 to 2030.

CANADA MEDICAL DEVICES MARKET NEW PRODUCT LAUNCH

The commercial introduction of the Major X System for robotic-guided spine surgery was announced by Medtronic Canada ULC, a division of Medtronic plc, a world leader in healthcare technology.

The Major platform, the first specialized robotic assisted spine surgery platform being released in Canada, offers a fully integrated procedural solution for surgical planning, workflow, execution, and confirmation. 

The Stealth Station S8 surgical navigation capabilities are easily included into the Major platform, a robotic surgery platform, by Major Core Technology. Interactive 3D planning and information systems provide real-time image guiding, visualization, and navigation to give workflow predictability and flexibility for procedures.

Surgeons can immediately visualize anatomy and the position of spinal components thanks to the three-dimensional Major platform. In order to improve efficiency and surgical accuracy, this gives surgeons the ability to plan and model spinal cages and screws in advance.

The Major system is completely integrated with the best-in-class Midas Rex MR8 Electric High Speed Drill Systems, enabling increased trajectory precision beginning with pilot hole creation and providing attachments and dissection tools intended to drill precisely at speeds up to 75,000 rpm.

Now, during a robotic surgery, surgeons may see disc preparation and interbody installation using the Major system's guided interbody capabilities.

CANADA MEDICAL DEVICES MARKET DYNAMICS

RYAH Group, Inc. announced that RYAH Med tech, Inc., a subsidiary of the company, has obtained a Medicinal Device License (MDL) from Health Canada for its unique Internet of Things (IoT)-powered medical cannabis inhaler, proprietary cartridges, and associated software. (referred to as "RYAH Smart Medical Inhaler System")

The RYAH Smart Inhaler is a volume-control tool for formulations made from dry herbs and plants. Users can manage their session schedules, log their usage, and freely contribute anonymous data that is further evaluated and used for regulatory improvements, research, and awareness thanks to a proprietary software application.

The RYAH Smart Inhaler System's recognition as a medical device by Health Canada is a significant step toward achieving our global medical device footprint.

CANADA MEDICAL DEVICES MARKET COMPANY PROFILE

•  Medtronic
• J&J
• StarFish Medical
• Ultrasonix
• Abbott
• Natus
• Fujifilm VisualSonics
• Angiotech
• Hologic
• Sorin
• Boreal Genomics
• Titan Medical
• QLT 

THIS CANADA MEDICAL DEVICES MARKET REPORT WILL ANSWER FOLLOWING QUESTIONS

1. What is the average cost perCanada Medical Devices marketright now and how will it change in next 5-6 years?
2. Average cost to set up aMedical Devices marketinCanada?
3. How manyCanada Medical Devices marketare manufactured per annum globally? Who are the sub-component suppliers in different regions?
4. What is happening in the overall public, globally?
5. Cost breakup of aCanada Medical Devices marketand key vendor selection criteria
6. Where is theCanada Medical Devices marketmanufactured? What is the average margin per equipment?
7. Market share ofCanada Medical Devices marketmanufacturers and their upcoming products
8. The most important plannedCanada Medical Devices marketin next 2 years
9. Details on network of majorCanada Medical Devices marketand pricing plans
10. Cost advantage for OEMs who manufactureCanada Medical Devices marketin-house
11. 5 key predictions for next 5 years inCanada Medical Devices market
12. Average B-2-BCanada Medical Devices marketprice in all segments
13. Latest trends inCanada Medical Devices market, by every market segment
14. The market size (both volume and value) ofCanada Medical Devices marketin 2024-2030 and every year in between?
15. Global production breakup ofCanada Medical Devices market, by suppliers and their OEM relationship