Canada Operating Room Equipment Market Size & Outlook
Canada operating room equipment market, 2018-2030 (US$M)
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Canada operating room equipment market highlights
- The Canada operating room equipment market generated a revenue of USD 1,246.9 million in 2023 and is expected to reach USD 2,014.1 million by 2030.
- The Canada market is expected to grow at a CAGR of 7.1% from 2024 to 2030.
- In terms of segment, anaesthesia was the largest revenue generating product in 2023.
- Endoscopes is the most lucrative product segment registering the fastest growth during the forecast period.
Operating room equipment market data book summary
| Market revenue in 2023 | USD 1,246.9 million |
| Market revenue in 2030 | USD 2,014.1 million |
| Growth rate | 7.1% (CAGR from 2023 to 2030) |
| Largest segment | Anaesthesia |
| Fastest growing segment | Endoscopes |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Anaesthesia, Endoscopes, Electro Surgical Devices, Surgical Imaging, OR Tables, OR Lights, Patient Monitoring |
| Key market players worldwide | Koninklijke Philips NV, Medtronic PLC, Getinge AB ADR, Stryker Corp, Siemens Healthineers AG ADR, GE HealthCare Technologies Inc Common Stock, Steris PLC, Skytron, Draegerwerk AG & Co KGaA, Baxter International Inc |
Other key industry trends
- In terms of revenue, Canada accounted for 2.7% of the global operating room equipment 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. operating room equipment 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 25,203.2 million by 2030.
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Operating Room Equipment Market Scope
Operating Room Equipment Market Companies
| Name | Profile | # Employees | HQ | Website |
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Canada operating room equipment 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 operating room equipment market will help companies and investors design strategic landscapes.
Anaesthesia was the largest segment with a revenue share of 29.91% in 2023. Horizon Databook has segmented the Canada operating room equipment market based on anaesthesia, endoscopes, electro surgical devices, surgical imaging, or tables, or lights, patient monitoring covering the revenue growth of each sub-segment from 2018 to 2030.
Canada is another large market in the North American region. The aging population is one of the key driving force for the growing demand for surgical care in Canada. Canadians have to face the challenges of long waiting time for treatment and surgeries. Some Canadians head towards the U.S. for medical treatments due to the delays and long waiting lists for seeking treatments in Canada.
However, the Canadian Institute for Health Information (CIHI) states that Canada is witnessing improvements in the wait times for urgent procedures. It has become important to monitor wait times and access to care as the demand for procedures is increasing in Canada.
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Our clientele includes a mix of operating room equipment 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 operating room equipment market , including forecasts for subscribers. This country databook contains high-level insights into Canada operating room equipment market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Canada operating room equipment market size, by product, 2018-2030 (US$M)
Canada Operating Room Equipment Market Outlook Share, 2023 & 2030 (US$M)
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