Canada Cardiovascular Devices Market By Product, By Surgical Devices ), By Application, By End-User and Geography

Canada Cardiovascular Devices Market By Product (Diagnostic and Monitoring(ECG, Holter Monitors, Event Monitors, Implantable Loop Recorders, Echocardiogram, Pet Scan, MRI, Cardiac CT, Doppler Fetal Monitors), By Surgical Devices (Pacemakers, Stents, Catheters and accessories, Guidewires, Cannulae, Electrosurgical, Procedures, Valves, Occlusion Devices)), By Application(Coronary Heart Disease, Sudden Cardiac Arrest, Stroke, Cerebrovascular Heart Disease, Others), By End-User(Hospitals, Ambulatory Surgical Centres, Cardiac Centers) and Geography

Canada Cardiovascular Devices Market size was valued at US$ billion in 2023. and is poised to grow at a CAGR of 4.0% from 2024 to 2030. The market report provides a detailed overview of the Canada Cardiovascular Devices Market, segmented by product, surgical devices, application, and end-user. By product, the Canadian cardiovascular devices market has been segmented into Diagnostic and Monitoring (ECG, Holter Monitors, Event Monitors, Implantable Loop Recorders, Echocardiogram, PET scan, MRI, Cardiac CT, Doppler Fetal Monitors. The ECG segment is likely to be the largest and fastest-growing in terms of various products. For surgical devices, the Canadian cardiovascular devices market has been segmented into Pacemakers, Stents, Catheters and accessories, Guidewires, Cannulae, Electrosurgical, Procedures, Valves, and Occlusion Devices.

The Pacemakers segment is expected to account for a significant revenue share in 2022-2028. By application, the Canadian cardiovascular devices market has been segmented into Coronary Heart Disease, Sudden Cardiac Arrest, Stroke, Cerebrovascular Heart Disease, and Others. The Coronary Heart Disease segment accounted for a high revenue share in 2021. Based on end-user, the Canadian cardiovascular devices are segmented into Hospitals, Ambulatory Surgical Centres, and Cardiac Centers. The Hospitals segment is predicted to register the fastest growth rate during the forecast period, according to precision business insights.

Key Development:

  • In December 2020, Abbott launched a clip delivery system to treat a patient suffering from mitral regurgitation.

Canada Cardiovascular Devices Market Summary

Study Period

2024-2030

Base Year

2023

CAGR

4.0%

Largest Market

N/A

Fastest Growing Market

N/A

Canada Cardiovascular Devices Market Dynamics

The increasing incidence of cardiovascular illnesses and increased use of minimally invasive procedures drive Canada’s market growth. According to the Heart and Stroke Foundation's 2019 report, more than 62,000 people in Canada have a stroke each year, which is predicted to climb.

Canada Cardiovascular Devices Market Segmentation Analysis

Report Benchmarks

Details

Report Study Period

2024-2030

Market CAGR

4.0%

By Product Type

  • Diagnostic and Monitoring
  • Surgical Devices

By Application

  • Coronary Heart Disease
  • Sudden Cardiac Arrest
  • Stroke
  • Cerebrovascular Heart Disease
  • Others

By End User

  • Hospitals
  • Ambulatory Surgical Centres
  • Cardiac Centers

Key Features of the Report

  • The report provides granular level information about the market size, regional market share, historic market (2019-2023), and forecast (2024-2030)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments, and start-up details that are actively working in the market
  • The report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario
  • The report analyses the impact of the socio-political environment through PESTLE Analysis and competition through Porter's Five Force Analysis in addition to recent technology advancements and innovations in the market

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Frequently Asked Questions

The canada cardiovascular devices market is projected to expand at a CAGR of 4.0% during the forecast period.

The major players in the Canada Cardiovascular Devices market are ??? Terumo Cardiovascular Systems Corporation, Siemens Healthcare GmbH, B. Braun Melsungen AG, Johnson & Johnson Services, Inc., Abbott, Medtronic, Cordis (Cardinal Health), LivaNova PLC, GENERAL ELECTRIC COMPANY (GE Healthcare), Edwards Lifesciences Corporation, and Boston Scientific Corporation.

Author image

Author

Muni Kumar Meravath

Muni Kumar Meravath is a seasoned Healthcare Market Research Analyst with over 6 years of experience in the healthc.....

1. Executive Summary
2. Canada Cardiovascular Devices Market Introduction
2.1. Canada Cardiovascular Devices Market Taxonomy
2.2. Canada Cardiovascular Devices Market Definitions
2.2.1. By Product
2.2.2. By Application
2.2.3. By End User
3. Canada Cardiovascular Devices Market Dynamics
3.1. Drivers
3.2. Restraints
3.3. Opportunities/Unmet Needs of the Market
3.4. Trends
3.5. Canada Cardiovascular Devices Market Dynamic Factors - Impact Analysis
3.6. Canada Cardiovascular Devices Market Competition Landscape
4. Canada Cardiovascular Devices Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030
4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
4.2. Year-over-Year (Y-o-Y) Growth Analysis (%)
4.3. Market Opportunity Analysis
5. Canada Cardiovascular Devices Market, By Product, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
5.1. Diagnostic and Monitoring
5.1.1. ECG
5.1.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
5.1.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.1.1.3. Market Opportunity Analysis
5.1.2. Holter Monitors
5.1.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
5.1.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.1.2.3. Market Opportunity Analysis
5.1.3. Event Monitors
5.1.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
5.1.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.1.3.3. Market Opportunity Analysis
5.1.4. Implantable Loop Recorders
5.1.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
5.1.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.1.4.3. Market Opportunity Analysis
5.1.5. Echocardiogram
5.1.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
5.1.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.1.5.3. Market Opportunity Analysis
5.1.6. Pet Scan
5.1.6.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
5.1.6.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.1.6.3. Market Opportunity Analysis
5.1.7. MRI
5.1.7.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
5.1.7.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.1.7.3. Market Opportunity Analysis
5.1.8. Cardiac CT
5.1.8.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
5.1.8.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.1.8.3. Market Opportunity Analysis
5.1.9. Doppler Fetal Monitors
5.1.9.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
5.1.9.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.1.9.3. Market Opportunity Analysis
5.2. Surgical Devices
5.2.1. Pacemakers
5.2.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
5.2.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.2.1.3. Market Opportunity Analysis
5.2.2. Stents
5.2.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
5.2.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.2.2.3. Market Opportunity Analysis
5.2.3. Catheters and accessories
5.2.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
5.2.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.2.3.3. Market Opportunity Analysis
5.2.4. Guidewires
5.2.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
5.2.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.2.4.3. Market Opportunity Analysis
5.2.5. Cannulae
5.2.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
5.2.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.2.5.3. Market Opportunity Analysis
5.2.6. Electrosurgical Procedures
5.2.6.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
5.2.6.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.2.6.3. Market Opportunity Analysis
5.2.7. Valves
5.2.7.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
5.2.7.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.2.7.3. Market Opportunity Analysis
5.2.8. Occlusion Devices
5.2.8.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
5.2.8.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.2.8.3. Market Opportunity Analysis
6. Canada Cardiovascular Devices Market, By Application, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
6.1. Coronary Heart Disease
6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
6.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.1.3. Market Opportunity Analysis
6.2. Sudden Cardiac Arrest
6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
6.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.2.3. Market Opportunity Analysis
6.3. Stroke
6.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
6.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.3.3. Market Opportunity Analysis
6.4. Cerebrovascular Heart Disease
6.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
6.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.4.3. Market Opportunity Analysis
6.5. Others
6.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
6.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.5.3. Market Opportunity Analysis
7. Canada Cardiovascular Devices Market, By End User, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
7.1. Hospitals
7.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
7.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.1.3. Market Opportunity Analysis
7.2. Ambulatory Surgical Centres
7.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
7.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.2.3. Market Opportunity Analysis
7.3. Cardiac Centers
7.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
7.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.3.3. Market Opportunity Analysis
8. Competition Landscape 
8.1. Strategic Dashboard of Top Market Players
8.2. Company Profiles (Introduction, Financial Analysis, Key Offerings, Key Developments, Strategies, and SWOT Analysis)
8.2.1. Terumo Cardiovascular Systems Corporation
8.2.2. Siemens Healthcare GmbH
8.2.3. B. Braun Melsungen AG
8.2.4. Johnson & Johnson Services, Inc.
8.2.5. Abbott
8.2.6. Medtronic
8.2.7. Cordis (Cardinal Health)
8.2.8. LivaNova PLC
8.2.9. GENERAL ELECTRIC COMPANY (GE Healthcare)
8.2.10. Edwards Lifesciences Corporation
8.2.11. Boston Scientific Corporation
9. Research Methodology
10. Key Assumptions and Acronyms

Key Market Players

  • Terumo Cardiovascular Systems Corporation
  • Siemens Healthcare GmbH
  • B. Braun Melsungen AG
  • Johnson & Johnson Services, Inc.
  • Abbott
  • Medtronic
  • Cordis (Cardinal Health)
  • LivaNova PLC
  • GENERAL ELECTRIC COMPANY (GE Healthcare)
  • Edwards Lifesciences Corporation
  • Boston Scientific Corporation

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