Canada Wearable Medical Devices Market Size & Outlook
Canada wearable medical devices market, 2018-2030 (US$M)
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Canada wearable medical devices market highlights
- The Canada wearable medical devices market generated a revenue of USD 3,262.0 million in 2024 and is expected to reach USD 6,414.1 million by 2030.
- The Canada market is expected to grow at a CAGR of 11.9% from 2025 to 2030.
- In terms of segment, chronic disease management was the largest revenue generating application in 2024.
- Remote Patient Monitoring (RPM) is the most lucrative application segment registering the fastest growth during the forecast period.
Wearable medical devices market data book summary
| Market revenue in 2024 | USD 3,262.0 million |
| Market revenue in 2030 | USD 6,414.1 million |
| Growth rate | 11.9% (CAGR from 2024 to 2030) |
| Largest segment | Chronic disease management |
| Fastest growing segment | Remote Patient Monitoring (RPM) |
| Historical data | 2018 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Chronic Disease Management, Post-operative Care, Remote Patient Monitoring (RPM), Other Applications |
| Key market players worldwide | Koninklijke Philips NV, Fitbit, Intel Corp, Garmin Ltd, Covidien, OMRON Corp, Polar Electro, Everist Health, UltraLinq Healthcare Solutions, Sotera Health Co Ordinary Shares |
Other key industry trends
- In terms of revenue, Canada accounted for 4.1% of the global wearable medical devices market in 2024.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. wearable medical devices 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 6,414.1 million by 2030.
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Wearable Medical Devices Market Scope
Wearable Medical Devices Market Companies
| Name | Profile | # Employees | HQ | Website |
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Canada wearable medical devices 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 wearable medical devices market will help companies and investors design strategic landscapes.
Chronic disease management was the largest segment with a revenue share of 37.04% in 2024. Horizon Databook has segmented the Canada wearable medical devices market based on chronic disease management, post-operative care, remote patient monitoring (rpm), other applications covering the revenue growth of each sub-segment from 2018 to 2030.
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Our clientele includes a mix of wearable medical devices market companies, investment firms, advisory firms & academic institutions.
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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 wearable medical devices market , including forecasts for subscribers. This country databook contains high-level insights into Canada wearable medical devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Canada wearable medical devices market size, by application, 2018-2030 (US$M)
Canada Wearable Medical Devices Market Outlook Share, 2024 & 2030 (US$M)
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