Canada Smart Healthcare Market Size & Outlook, 2023-2030

The smart healthcare market in Canada is expected to reach a projected revenue of US$ 16,619.9 million by 2030. A compound annual growth rate of 14% is expected of Canada smart healthcare market from 2024 to 2030.
Revenue, 2023 (US$M)
$6,624.5
Forecast, 2030 (US$M)
$16,619.9
CAGR, 2024 - 2030
14%
Report Coverage
Canada

Canada smart healthcare market highlights

  • The Canada smart healthcare market generated a revenue of USD 6,624.5 million in 2023 and is expected to reach USD 16,619.9 million by 2030.
  • The Canada market is expected to grow at a CAGR of 14% from 2024 to 2030.
  • In terms of segment, telemedicine was the largest revenue generating product in 2023.
  • RFID Kanban Systems is the most lucrative product segment registering the fastest growth during the forecast period.


Smart healthcare market data book summary

Market revenue in 2023USD 6,624.5 million
Market revenue in 2030USD 16,619.9 million
Growth rate14% (CAGR from 2023 to 2030)
Largest segmentTelemedicine
Fastest growing segmentRFID Kanban Systems
Historical data2017 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationRFID Kanban Systems, RFID Smart Cabinets, Electronic Health Records (EHR), Telemedicine, MHealth, Smart Pills, Smart Syringes
Key market players worldwideAirstrip Technologies, Allscripts Healthcare, Apple Inc, AT&T, Brooks Automation, Oracle Corp, Cisco Systems Inc, GE HealthCare Technologies Inc Common Stock, Covidien, International Business Machines Corp, McKesson Corp, Olympus Corp, Samsung Electronics Co Ltd, Siemens Healthineers AG ADR, Solstice Medical, TwinBin, LogiTag, Pepperl+Fuchs, InnerSpace, Wurth Group


Other key industry trends

  • In terms of revenue, Canada accounted for 4.0% of the global smart healthcare 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. smart healthcare 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 16,619.9 million by 2030.

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Smart Healthcare Market Companies

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Canada smart healthcare 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 smart healthcare market will help companies and investors design strategic landscapes.


Telemedicine was the largest segment with a revenue share of 38.22% in 2023. Horizon Databook has segmented the Canada smart healthcare market based on rfid kanban systems, rfid smart cabinets, electronic health records (ehr), telemedicine, mhealth, smart pills, smart syringes covering the revenue growth of each sub-segment from 2017 to 2030.


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Target buyers of Canada smart healthcare market databook

  • Our clientele includes a mix of smart healthcare market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Horizon Databook provides a detailed overview of country-level data and insights on the Canada smart healthcare market , including forecasts for subscribers. This country databook contains high-level insights into Canada smart healthcare market from 2017 to 2030, including revenue numbers, major trends, and company profiles.

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Canada smart healthcare market size, by product, 2017-2030 (US$M)

Canada Smart Healthcare Market Outlook Share, 2023 & 2030 (US$M)

Canada smart healthcare market size, by product, 2017-2030 (US$M)

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