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Foreign direct investment in Canada's medical devices sector

28 October 2013 by Invest in Canada

Canada's medical device exports have increased at an annual growth rate of 5.5% from 2000 to 2009.

Canada's highly diversified medical device manufacturing and development sector encompasses more than 1,500 firms employing 35,000 people.

In 2011, Canada exported more than $1.8bn of medical devices.

Demographic trends, developments in science and engineering and health care delivery changes are expected to contribute to the sector's growth in the years ahead.

The industry's many leading-edge firms produce a broad range of products, including cardiovascular devices, medical imaging, in vitro diagnostics and assistive devices for home health care.

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