Canada Neovaginal Surgery Market Size & Outlook, 2023-2030
Canada neovaginal surgery market, 2018-2030 (US$M)
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Canada neovaginal surgery market highlights
- The Canada neovaginal surgery market generated a revenue of USD 17.8 million in 2023 and is expected to reach USD 27.0 million by 2030.
- The Canada market is expected to grow at a CAGR of 6.1% from 2024 to 2030.
- In terms of segment, sex reassignment surgery was the largest revenue generating treatment type in 2023.
- Sex Reassignment Surgery is the most lucrative treatment type segment registering the fastest growth during the forecast period.
Neovaginal surgery market data book summary
| Market revenue in 2023 | USD 17.8 million |
| Market revenue in 2030 | USD 27.0 million |
| Growth rate | 6.1% (CAGR from 2023 to 2030) |
| Largest segment | Sex reassignment surgery |
| Fastest growing segment | Sex Reassignment Surgery |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Vaginal Agenesis Treatment Surgery, Sex Reassignment Surgery, Vaginal Atresia Treatment Surgery |
| Key market players worldwide | Icahn School of Medicine at Mount Sinai, Nationwide Children's Hospital, Tricity Institute of Plastic Surgery TIPS |
Other key industry trends
- In terms of revenue, Canada accounted for 1.5% of the global neovaginal surgery 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. neovaginal surgery 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 27.0 million by 2030.
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Neovaginal Surgery Market Scope
Neovaginal Surgery Market Companies
| Name | Profile | # Employees | HQ | Website |
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Canada neovaginal surgery 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 neovaginal surgery market will help companies and investors design strategic landscapes.
Sex reassignment surgery was the largest segment with a revenue share of 55.62% in 2023. Horizon Databook has segmented the Canada neovaginal surgery market based on vaginal agenesis treatment surgery, sex reassignment surgery, vaginal atresia treatment surgery covering the revenue growth of each sub-segment from 2018 to 2030.
Although availability of neovaginal construction for vaginal agenesis is an important driving factor, a major contribution to neovaginal surgery market in Canada can be attributed to sex reassignment surgery, owing to the government initiatives.
For instance, in 2016, Ontario Health Insurance Plan (OHIP) revised the funding criteria for trans surgery allowing healthcare providers to assess patients for gender transition-related surgeries, resulting in increased number of surgeries in 2018.
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Horizon Databook provides a detailed overview of country-level data and insights on the Canada neovaginal surgery market , including forecasts for subscribers. This country databook contains high-level insights into Canada neovaginal surgery market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Canada neovaginal surgery market size, by treatment type, 2018-2030 (US$M)
Canada Neovaginal Surgery Market Outlook Share, 2023 & 2030 (US$M)
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