Key Market Indicators
Canadian wound dressing imports are projected to reach approximately $77 million by 2028, up from around $72 million in 2023. This marks an average annual growth rate of 0.8%. Since 1994, demand for wound dressings in Canada has increased by an average of 2.3% each year. Conversely, Canadian wound dressing exports are expected to decline slightly, reaching about $1 million by 2028 from the current $1 million in 2023, reflecting a 0.2% annual decrease. Since 1994, the country's supply has grown modestly by 0.3% annually. In global rankings for wound dressing exports in 2023, Canada placed 38th. Israel surpassed Canada with exports valued at roughly $1 million. Leading the ranking were Belgium, Germany, and Austria, occupying the second, third, and fourth positions, respectively.