Canada Military Wearable Medical Device Market Size & Outlook
Canada military wearable medical device market, 2018-2030 (US$M)
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Canada military wearable medical device market highlights
- The Canada military wearable medical device market generated a revenue of USD 357.6 million in 2023 and is expected to reach USD 1,814.0 million by 2030.
- The Canada market is expected to grow at a CAGR of 26.1% from 2024 to 2030.
- In terms of segment, heart monitor was the largest revenue generating application in 2023.
- Performance monitor is the most lucrative application segment registering the fastest growth during the forecast period.
Military wearable medical device market data book summary
| Market revenue in 2023 | USD 357.6 million |
| Market revenue in 2030 | USD 1,814.0 million |
| Growth rate | 26.1% (CAGR from 2023 to 2030) |
| Largest segment | Heart monitor |
| Fastest growing segment | Performance monitor |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Heart Monitor, Performance monitor |
| Key market players worldwide | Bittium Corp, Garmin Ltd, NeuroMetrix Inc, Apple Inc, Samsung Electronics Co Ltd, Polar Electro, Oura, GOQii, Zephyr Technology, Fitbit |
Other key industry trends
- In terms of revenue, Canada accounted for 4.8% of the global military wearable medical device 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. military wearable medical device 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 1,814.0 million by 2030.
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Military Wearable Medical Device Market Scope
Military Wearable Medical Device Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Canada military wearable medical device 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 military wearable medical device market will help companies and investors design strategic landscapes.
Heart monitor was the largest segment with a revenue share of 78.86% in 2023. Horizon Databook has segmented the Canada military wearable medical device market based on heart monitor, performance monitor covering the revenue growth of each sub-segment from 2018 to 2030.
- Canada Military Wearable Medical Device Application Outlook (Revenue, USD Million, 2018-2030)
- Heart Monitor
- Sick Alert
- Heart Rate Variability
- Performance monitor
- Sleep-wake Cycle Alert
- Core Body Temperature Monitoring
- Heart Monitor
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Target buyers of Canada military wearable medical device market databook
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Our clientele includes a mix of military wearable medical device market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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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 military wearable medical device market , including forecasts for subscribers. This country databook contains high-level insights into Canada military wearable medical device market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Canada military wearable medical device market size, by application, 2018-2030 (US$M)
Canada Military Wearable Medical Device Market Outlook Share, 2023 & 2030 (US$M)
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