Canada Bed Head Panel Market Size & Outlook, 2023-2030
Canada bed head panel market, 2018-2030 (US$M)
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Canada bed head panel market highlights
- The Canada bed head panel market generated a revenue of USD 115.6 million in 2023 and is expected to reach USD 152.4 million by 2030.
- The Canada market is expected to grow at a CAGR of 4% from 2024 to 2030.
- In terms of segment, hospitals was the largest revenue generating end use in 2023.
- Other End Use is the most lucrative end use segment registering the fastest growth during the forecast period.
Bed head panel market data book summary
| Market revenue in 2023 | USD 115.6 million |
| Market revenue in 2030 | USD 152.4 million |
| Growth rate | 4% (CAGR from 2023 to 2030) |
| Largest segment | Hospitals |
| Fastest growing segment | Other End Use |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Hospitals, Clinics, Other End Use |
| Key market players worldwide | Baxter International Inc, Draegerwerk AG & Co KGaA, InMed Pharmaceuticals Inc, Precision UK, Novair Medical, Amcaremed Technology Co., Amico Group of Companies, Biolume, BeaconMedaes, Silbermann |
Other key industry trends
- In terms of revenue, Canada accounted for 4.0% of the global bed head panel market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. bed head panel market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 152.4 million by 2030.
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Bed Head Panel Market Scope
Bed Head Panel Market Companies
| Name | Profile | # Employees | HQ | Website |
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Canada bed head panel market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to bed head panel market will help companies and investors design strategic landscapes.
Hospitals was the largest segment with a revenue share of 42.13% in 2023. Horizon Databook has segmented the Canada bed head panel market based on hospitals, clinics, other end use covering the revenue growth of each sub-segment from 2018 to 2030.
The bed head panel market in Canada is rapidly developing owing to high number of surgeries, increased government funding, and favorable reimbursement policies. For instance, as per OECD, around 396,218 surgeries were performed in Canada in 2017. Moreover, according to Canadian Medical Association survey in 2017, growing availability of surgeons in the country is significantly increasing the number of surgical procedures and creating easy access for patients.
Furthermore, as per the Canadian Institute for Health Information, in 2021, total health expenditure in Canada is estimated to exceed USD 308 billion, or USD 8,019 per person. Healthcare spending is expected to account for 12.7% of Canada's GDP. Major part of country’s healthcare is publicly funded, which has led to advancements in healthcare facilities. This is expected to propel market growth during the forecast period.
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Horizon Databook provides a detailed overview of country-level data and insights on the Canada bed head panel market , including forecasts for subscribers. This country databook contains high-level insights into Canada bed head panel market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Canada bed head panel market size, by end use, 2018-2030 (US$M)
Canada Bed Head Panel Market Outlook Share, 2023 & 2030 (US$M)
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