Canada First Aid Market Size & Outlook, 2023-2030
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Canada first aid market highlights
- The Canada first aid market generated a revenue of USD 294.8 million in 2023 and is expected to reach USD 393.0 million by 2030.
- The Canada market is expected to grow at a CAGR of 4.2% from 2024 to 2030.
- In terms of segment, first aid supplies - workplace was the largest revenue generating type in 2023.
- Automated External Defibrillators is the most lucrative type segment registering the fastest growth during the forecast period.
First aid market data book summary
| Market revenue in 2023 | USD 294.8 million |
| Market revenue in 2030 | USD 393.0 million |
| Growth rate | 4.2% (CAGR from 2023 to 2030) |
| Largest segment | First aid supplies - workplace |
| Fastest growing segment | Automated External Defibrillators |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | First Aid Supplies - Workplace, First Aid Supplies - Consumer, First Aid Room Equipment, Sports Care/Braces, Medicinal products, Topicals, First Aid Training products, Automated External Defibrillators |
| Key market players worldwide | 3M Co, Johnson & Johnson, Coloplast A/S ADR, Stryker Corp, Smith & Nephew PLC, ConvaTec Group PLC, Hartmann Holdings |
Other key industry trends
- In terms of revenue, Canada accounted for 6.4% of the global first aid 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. first aid market is projected to lead the regional market in terms of revenue in 2030.
- U.S. is the fastest growing regional market in North America and is projected to reach USD 2,426.2 million by 2030.
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First Aid Market Scope
First Aid Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Hartmann Holdings | View profile | - | Moscow, Moscow City, Russian Federation, Europe | https://www.hartmannholdings.com |
| ConvaTec Group PLC | View profile | 10136 | 20 Eastbourne Terrace, 7th Floor, Paddington, London, United Kingdom, W2 6LG | https://www.convatecgroup.com |
| Smith & Nephew PLC | View profile | 18452 | Hatters Lane, Building 5, Croxley Park, Watford, Hertfordshire, United Kingdom, WD18 8YE | https://www.smith-nephew.com |
| Coloplast A/S ADR | View profile | 15930 | Holtedam 1-3, Humlebaek, Denmark, DK-3050 | https://www.coloplast.com |
| 3M Co | View profile | 85000 | 3M Center, St. Paul, MN, United States, 55144 | https://www.3m.com |
| Stryker Corp | View profile | 52000 | 1941 Stryker Way, Portage, MI, United States, 49002 | https://www.stryker.com |
| Johnson & Johnson | View profile | 134400 | One Johnson and Johnson Plaza, New Brunswick, NJ, United States, 08933 | https://www.jnj.com |
Canada first aid 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 first aid market will help companies and investors design strategic landscapes.
First aid supplies - workplace was the largest segment with a revenue share of 27.65% in 2023. Horizon Databook has segmented the Canada first aid market based on first aid supplies - workplace, first aid supplies - consumer, first aid room equipment, sports care/braces, medicinal products, topicals, first aid training products, automated external defibrillators covering the revenue growth of each sub-segment from 2018 to 2030.
Canada is a rapidly developing market for first aid products owing to rising geriatric population, increasing government funding, and favorable reimbursement policies. In Canada, a major part of healthcare is publicly funded, which has led to advancements in healthcare facilities.
This is expected to propel the market in Canada. Furthermore, growing awareness about first aid training programs is further expected to boost market growth over the forecast period. For instance, every year, the Canadian Red Cross provides first aid training to over 700,000 people across the country.
According to a report by OHS Canada in November 2020, the Canadian government approved the Defibrillator Registration and Public Access Act (Bill 141), which is expected to increase public access to AEDs in the country. The act is likely to have a positive impact on the deployment of AEDs in public places, improving coverage and ensuring that AEDs are located in appropriate areas with clear signage.
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Horizon Databook provides a detailed overview of country-level data and insights on the Canada first aid market , including forecasts for subscribers. This country databook contains high-level insights into Canada first aid market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Canada first aid market size, by type, 2018-2030 (US$M)
Canada First Aid Market Outlook Share, 2023 & 2030 (US$M)
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