Canada Cerumen Removal Market Size & Outlook, 2023-2030
Canada cerumen removal market, 2018-2030 (US$M)
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Canada cerumen removal market highlights
- The Canada cerumen removal market generated a revenue of USD 45.6 million in 2023 and is expected to reach USD 67.7 million by 2030.
- The Canada market is expected to grow at a CAGR of 5.8% from 2024 to 2030.
- In terms of segment, outpatient facilities was the largest revenue generating end use in 2023.
- OUTPATIENT FACILITIES is the most lucrative end use segment registering the fastest growth during the forecast period.
Cerumen removal market data book summary
| Market revenue in 2023 | USD 45.6 million |
| Market revenue in 2030 | USD 67.7 million |
| Growth rate | 5.8% (CAGR from 2023 to 2030) |
| Largest segment | Outpatient facilities |
| Fastest growing segment | OUTPATIENT FACILITIES |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | HOSPITALS, OUTPATIENT FACILITIES |
| Key market players worldwide | Medline Industries, Henry Schein Inc, McKesson Corp, Cardinal Health Inc, Owens & Minor Inc, Cipla Ltd DR, GlaxoSmithKline, Open Text Corp, Eosera, Target |
Other key industry trends
- In terms of revenue, Canada accounted for 2.0% of the global cerumen removal market in 2023.
- Country-wise, India is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. cerumen removal 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 67.7 million by 2030.
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Cerumen Removal Market Scope
Cerumen Removal Market Companies
| Name | Profile | # Employees | HQ | Website |
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Canada cerumen removal 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 cerumen removal market will help companies and investors design strategic landscapes.
Outpatient facilities was the largest segment with a revenue share of 88.16% in 2023. Horizon Databook has segmented the Canada cerumen removal market based on hospitals, outpatient facilities covering the revenue growth of each sub-segment from 2018 to 2030.
In Canada, hearing loss is the fastest growing health problem. As per Statistics Canada 2019, it is the 3rd most prevalent chronic health problem and more than one million adults reported having a hearing-related disability.
According to Canadian Health Measures Survey 2012/2013, 13% of Canadian adults had occluding wax or pus, which affected their hearing acuity, and the prevalence of earwax rose from 11% among 20- to 39-year-olds to 21% among people aged 70 to 79.
This increasing prevalence is expected to boost the adoption of ear wax removal tools & procedures, as removal of cerumen resulted in better audiometric results. Moreover, increasing number of hospitals, private clinics, and ear care clinics is propelling market growth.
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Horizon Databook provides a detailed overview of country-level data and insights on the Canada cerumen removal market , including forecasts for subscribers. This country databook contains high-level insights into Canada cerumen removal market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Canada cerumen removal market size, by end use, 2018-2030 (US$M)
Canada Cerumen Removal Market Outlook Share, 2023 & 2030 (US$M)
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