Medical Instrument & Supply Manufacturing in Canada - Industry Market Research Report

Medical Instrument & Supply Manufacturing in Canada - Industry Market Research Report


Medical Instrument & Supply Manufacturing in Canada

The Medical Instrument and Supply Manufacturing industry in Canada produces a variety of nonelectric medical, dental and veterinary products for personal and professional use. The industry's broad range of medically necessary products largely shields revenue from sharp fluctuations based on changes in specific downstream demand environments. However, pressure from imports is an omnipresent threat that has encouraged operators to embrace product innovation over standardized manufacturing. Despite pressures, industry revenue is forecast to increase at a CAGR of 1.0% to $5.8 billion, including an anticipated decline of 3.8% in 2023 alone.

Operators in this industry primarily research, develop and produce nonelectronic medical, surgical, dental and veterinary instruments and apparatuses, such as syringes, anesthesia apparatuses, blood transfusion equipment, catheters, surgical clamps and medical thermometers. The industry does not manufacture electromedical and electrotherapeutic apparatuses, laboratory instruments, X-ray apparatuses, nonmedical thermometers or ophthalmic goods, such as contact lenses and eyeglasses.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.


ABOUT THIS INDUSTRY

Industry Definition
Main Activities
Similar Industries
Additional Resources

INDUSTRY AT A GLANCE

INDUSTRY PERFORMANCE

Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle

PRODUCTS & MARKETS

Supply Chain
Products & Services
Demand Determinants
Major Markets Markets
International Trade
Business Locations

COMPETITIVE LANDSCAPE

Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization

MAJOR COMPANIES

OPERATING CONDITIONS

Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance

KEY STATISTICS

Industry Data
Annual Change
Key Ratios

JARGON & GLOSSARY

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