Key Market Indicators
By 2028, the density of medical technology units in Canada is projected to reach approximately 620, up from around 580 units in 2023. This reflects a steady annual growth rate of 0.9%. Since 1995, Canada's supply of medical technology has been increasing at an average rate of 1% per year. In 2023, Canada ranked sixth globally in this sector. Poland surpassed Canada in the same year, also recording about 580 units. In the global rankings, Russia, Italy, and South Korea held the second, third, and fourth positions, respectively, in terms of medical technology density.
