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Medical Device Manufacturing in Canada: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Medical Device Manufacturing in Canada Market Research Report | NAICS 33451bCA | Apr 2014

Cutting edge: The aging population and innovation will spur growth, despite regulatory pressure

The Medical Device Manufacturing market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
$4bn
Annual Growth 09-14
-2.3%
Annual Growth 14-19
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Profit
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Employment
19,372
Businesses
682
Industry Analysis & Industry Trends

The five years to 2014 have been difficult for the Medical Device Manufacturing industry. While industry products are nondiscretionary, the recession and its effects on key exports markets along with slow growth in total health expenditure negatively affected the industry. However, because Canada houses some of the world's best scientific research institutions as well as a great deal of experienced researches, the next five years are expected to generate better conditions for the industry overall... purchase to read more

Industry Report - Industry Locations Chapter

Medical device manufacturers are located throughout the country, but are mainly concentrated in certain states known for other high-technology industries including microelectronics and biotechnology. Other factors affecting geographic distribution include proximity to complementary industries, location of customers, location of suppliers, the traditional development of the various industry segments, and location and accessibility of high-skilled labour. Ontario accounts for the largest share of industry establishments, capturing about 49.1% of total establishments, followed by Quebec (20.0%), Alberta (13.9%) and British Columbia (11.2%)... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Medical Device Manufacturing Industry?

This industry includes manufacturers of electromedical and electrotherapeutic apparatus, such as magnetic resonance imaging equipment, medical ultrasound equipment, pacemakers, hearing aids, electrocardiographs and electromedical endoscopic equipment. The industry also manufactures irradiation apparatus and tubes for medical diagnosis, medical therapy, industrial research and scientific evaluation.

Industry Products
Spinal devicesCardiovascular devicesNeuromodulation devicesIrradiation devicesAnesthesia and respiratory devices
 
Industry Activities
Researching and developing medical, diagnostic and therapeutic apparatusFabricating medical, diagnostic and therapeutic apparatusMarketing, distributing and selling medical, diagnostic and therapeutic apparatus


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