Canada Patient Monitoring Accessories Market Size & Outlook

The patient monitoring accessories market in Canada is expected to reach a projected revenue of US$ 402.7 million by 2027. A compound annual growth rate of 6.5% is expected of Canada patient monitoring accessories market from 2021 to 2027.
Revenue, 2020 (US$M)
$259.5
Forecast, 2027 (US$M)
$402.7
CAGR, 2021 - 2027
6.5%
Report Coverage
Canada

Canada patient monitoring accessories market highlights

  • The Canada patient monitoring accessories market generated a revenue of USD 259.5 million in 2020 and is expected to reach USD 402.7 million by 2027.
  • The Canada market is expected to grow at a CAGR of 6.5% from 2021 to 2027.
  • In terms of segment, spo2 sensors was the largest revenue generating product in 2020.
  • Neuromuscular Transmission Sensors is the most lucrative product segment registering the fastest growth during the forecast period.


Patient monitoring accessories market data book summary

Market revenue in 2020USD 259.5 million
Market revenue in 2027USD 402.7 million
Growth rate6.5% (CAGR from 2020 to 2027)
Largest segmentSpo2 sensors
Fastest growing segmentNeuromuscular Transmission Sensors
Historical data2016 - 2019
Base year2020
Forecast period2021 - 2027
Quantitative unitsRevenue in USD million
Market segmentationSpO2 Sensors, Blood Pressure Cuffs, Brain Monitoring System Sensors, Neuromuscular Transmission Sensors, Temperature Sensors, CO2 Absorbers/Amsorb Filters, ECG Leadwires
Key market players worldwideMedtronic PLC, GE HealthCare Technologies Inc Common Stock, Nihon Kohden Corp, Masimo Corp, Welch Allyn, Johnson & Johnson, Honeywell International Inc, Philips, OMRON Corp, Roche


Other key industry trends

  • In terms of revenue, Canada accounted for 3.9% of the global patient monitoring accessories market in 2020.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2027.
  • In North America, U.S. patient monitoring accessories market is projected to lead the regional market in terms of revenue in 2027.
  • U.S. is the fastest growing regional market in North America and is projected to reach USD 4,104.7 million by 2027.

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Patient Monitoring Accessories Market Companies

Name Profile # Employees HQ Website

Canada patient monitoring accessories 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 patient monitoring accessories market will help companies and investors design strategic landscapes.


Spo2 sensors was the largest segment with a revenue share of 52.25% in 2020. Horizon Databook has segmented the Canada patient monitoring accessories market based on spo2 sensors, blood pressure cuffs, brain monitoring system sensors, neuromuscular transmission sensors, temperature sensors, co2 absorbers/amsorb filters, ecg leadwires covering the revenue growth of each sub-segment from 2016 to 2027.


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  • Our clientele includes a mix of patient monitoring accessories market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Canada patient monitoring accessories market, including forecasts for subscribers. This country databook contains high-level insights into Canada patient monitoring accessories market from 2016 to 2027, including revenue numbers, major trends, and company profiles.

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Canada patient monitoring accessories market size, by product, 2016-2027 (US$M)

Canada Patient Monitoring Accessories Market Share, 2020 & 2027 (US$M)

Canada patient monitoring accessories market size, by product, 2016-2027 (US$M)

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