Canada Medical Penlights Market Size & Outlook, 2025-2030
The medical penlights market in Canada is expected to reach a projected revenue of US$ 20.8 million by 2030. A compound annual growth rate of 7.1% is expected of Canada medical penlights market from 2025 to 2030.
Revenue, 2024 (US$M)
$13.9
Forecast, 2030 (US$M)
$20.8
CAGR, 2025 - 2030
7.1%
Report Coverage
Canada
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Canada medical penlights market highlights
- The Canada medical penlights market generated a revenue of USD 13.1 million in 2023 and is expected to reach USD 20.8 million by 2030.
- The Canada market is expected to grow at a CAGR of 6.9% from 2024 to 2030.
- In terms of segment, led medical penlights was the largest revenue generating type in 2023.
- LED Medical Penlights is the most lucrative type segment registering the fastest growth during the forecast period.
Medical penlights market data book summary
| Market revenue in 2023 | USD 13.1 million |
| Market revenue in 2030 | USD 20.8 million |
| Growth rate | 6.9% (CAGR from 2024 to 2030) |
| Largest segment | Led medical penlights |
| Fastest growing segment | LED Medical Penlights |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | LED Medical Penlights, Medical Penlights with incandescent bulb |
| Key market players worldwide | Aspen Surgical, Baxter International Inc, Streamlight, Inc., Graham - Field Health Products, Rudolf Riester, Honsun, Prestige Medical |
Other key industry trends
- In terms of revenue, Canada accounted for 4.9% of the global medical penlights 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. medical penlights 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 20.8 million by 2030.
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Medical Penlights Market Scope
Medical penlights market segmentation & scope
Medical Penlights Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Streamlight, Inc. | View profile | 251-500 | Eagleville, Pennsylvania, United States, North America | http://streamlight.com |
| Aspen Surgical | View profile | 501-1000 | Caledonia, Michigan, United States, North America | http://www.aspensurgical.com |
| Honsun | View profile | 501-1000 | Shanghai, Shanghai, China, Asia | https://en.asian-medical.com |
| Prestige Medical | View profile | 101-250 | Blackburn, Lancashire, United Kingdom, Europe | https://www.prestigemedical.co.uk |
| Rudolf Riester | View profile | 11-50 | San Antonio, Texas, United States, North America | http://www.riester.de/ |
| Graham - Field Health Products | View profile | 1001-5000 | Atlanta, Georgia, United States, North America | http://www.grahamfield.com |
| Baxter International Inc | View profile | 60000 | One Baxter Parkway, Deerfield, IL, United States, 60015 | https://www.baxter.com |
Canada medical penlights market size, by type, 2018-2030 (US$M)
Canada Medical Penlights Market Outlook Share, 2024 & 2030 (US$M)
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