Canada Direct Energy Medical Devices Market Size & Outlook

The direct energy medical devices market in Canada is expected to reach a projected revenue of US$ 184.7 million by 2027. A compound annual growth rate of 4.3% is expected of Canada direct energy medical devices market from 2021 to 2027.

Revenue, 2020 (US$M)
$137.7
Forecast, 2027 (US$M)
$184.7
CAGR, 2021 - 2027
4.3%
Report Coverage
Canada

Canada direct energy medical devices market highlights

  • The Canada direct energy medical devices market generated a revenue of USD 137.7 million in 2020 and is expected to reach USD 184.7 million by 2027.
  • The Canada market is expected to grow at a CAGR of 4.3% from 2021 to 2027.
  • In terms of segment, radio frequency was the largest revenue generating type in 2020.
  • Microwave is the most lucrative type segment registering the fastest growth during the forecast period.

Direct energy medical devices market data book summary

Market revenue in 2020USD 137.7 million
Market revenue in 2027USD 184.7 million
Growth rate4.3% (CAGR from 2020 to 2027)
Largest segmentRadio frequency
Fastest growing segmentMicrowave
Historical data2016 - 2019
Base year2020
Forecast period2021 - 2027
Quantitative unitsRevenue in USD million
Market segmentationRadiation, Radio Frequency, Ultrasound, Microwave
Key market players worldwideMedtronic PLC, Conmed Corp, Boston Scientific Corp, Stryker Corp, Olympus Corp, B. Braun, Karl Storz

Other key industry trends

  • In terms of revenue, Canada accounted for 9.4% of the global direct energy medical devices market in 2020.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2027.
  • In North America, U.S. direct energy medical devices market is projected to lead the regional market in terms of revenue in 2027.
  • Canada is the fastest growing regional market in North America and is projected to reach USD 184.7 million by 2027.

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Direct Energy Medical Devices Market Scope

Direct energy medical devices market segmentation & scope
Radiation
Radio Frequency
Ultrasound
Microwave
Others
Aesthetics
Cardiovascular
Gynecology
Orthopedics
Urology
Ophthalmology
Laparoscopy
Others

Direct Energy Medical Devices Market Companies

Name Profile # Employees HQ Website

Canada direct energy medical devices 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 direct energy medical devices market will help companies and investors design strategic landscapes.


Radio frequency was the largest segment with a revenue share of 26.36% in 2020. Horizon Databook has segmented the Canada direct energy medical devices market based on radiation, radio frequency, ultrasound, microwave covering the revenue growth of each sub-segment from 2016 to 2027.


  • Canada Direct Energy Medical Devices Type Outlook (Revenue, USD Million, 2016-2027)
    • Radiation
    • Radio Frequency
    • Ultrasound
    • Microwave
    • Others
  • Canada Direct Energy Medical Devices Application Outlook (Revenue, USD Million, 2016-2027)
    • Aesthetics
    • Cardiovascular
    • Gynecology
    • Orthopedics
    • Urology
    • Ophthalmology
    • Laparoscopy
    • Others

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Target buyers of Canada direct energy medical devices market databook

  • Our clientele includes a mix of direct energy medical devices market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the Canada direct energy medical devices market, including forecasts for subscribers. This country databook contains high-level insights into Canada direct energy medical devices market from 2016 to 2027, including revenue numbers, major trends, and company profiles.

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Canada direct energy medical devices market size, by type, 2016-2027 (US$M)

Canada Direct Energy Medical Devices Market Share, 2020 & 2027 (US$M)

Canada direct energy medical devices market size, by type, 2016-2027 (US$M)

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