Fact Sheet

Canada: The Medtech Ecosystem

As in other countries, the Covid-19 epidemic has led to surging increase in demand for virtual health solutions as well as home-based monitoring equipment in Canada, providing interesting opportunities for Swiss suppliers. Get an overview on the Canadian medtech ecosystem in our factsheet.

medtech

Canada is a wealthy country with an aging population, where health care expenditures account for over 11% of GDP. At an estimated US$ 8 billion in 2020, Canada is the eighth largest market globally for medical devices where some 75% of the market is serviced via imports. Throughout the healthcare system, there is an ongoing effort to introduce equipment and processes that will increase efficiency and reduce costs.

Factsheet on the Canadian Medtech Ecosystem

In the factsheet produced by the Swiss Business Hub Canada you gain insights into the following topics:

  • Canadian Healthcare Model
  • Medical Equipment Procurement
  • Software as a Medical Device (SaMD)
  • Regulations for medical devices in Canada
  • Data Privacy
  • Relevant links for further information and contacts

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