Subsector spotlight: Medtech and Medical Devices
With strengths in medical and diagnostic imaging, cardiovascular devices, and assistive and rehabilitative devices, Canada is one of the largest markets in the world for medical devices.
An aging global population is one of the drivers of demand for new technologies, including wearable and smart medical devices. Global leadership in AI, blockchain, data analytics and personalized medicine supports Canada’s development of emerging medical technologies such as robotic surgery, telemedicine, surgical simulation, wearable and smart medical monitoring devices, and precision medicine.
With strengths in medical and diagnostic imaging, cardiovascular devices, and assistive and rehabilitative devices, Canada is one of the largest markets in the world for medical devices.
An aging global population is one of the drivers of demand for new technologies, including wearable and smart medical devices. Global leadership in AI, blockchain, data analytics and personalized medicine supports Canada’s development of emerging medical technologies such as robotic surgery, telemedicine, surgical simulation, wearable and smart medical monitoring devices, and precision medicine.
Success stories:
Calgary’s Orpyx Medical Technologies' SI Sensory Insoles offer remote patient monitoring to prevent diabetic foot ulcers.
Edmonton’s Sensory Motor Adaptive Rehabilitation Technology network develops innovative medical devices and rehabilitative interventions for people with neural injuries and diseases such as spinal cord injury, stroke and multiple sclerosis.
Winnipeg’s Precision ADM, a global medical device company and advanced manufacturing solutions provider, CANSWAB™ nasopharyngeal swabs are the first Canadian-made COVID-19 testing product to receive Health Canada approval.
Toronto tech startup Maple offers non-emergency health care by connecting patients with physicians 24/7, online or by mobile device.
Halifax is home to ABK Biomedical, a medical device company dedicated to improving treatment options for patients with hypervascular tumours.
In Toronto, clinical trials are underway to validate the use of Myant’s Skiin, a textile-based monitoring solution, as a medical device to usher in a new paradigm in remote patient monitoring in health care.
Success stories:
Calgary’s Orpyx Medical Technologies' SI Sensory Insoles offer remote patient monitoring to prevent diabetic foot ulcers.
Edmonton’s Sensory Motor Adaptive Rehabilitation Technology network develops innovative medical devices and rehabilitative interventions for people with neural injuries and diseases such as spinal cord injury, stroke and multiple sclerosis.
Winnipeg’s Precision ADM, a global medical device company and advanced manufacturing solutions provider, CANSWAB™ nasopharyngeal swabs are the first Canadian-made COVID-19 testing product to receive Health Canada approval.
Toronto tech startup Maple offers non-emergency health care by connecting patients with physicians 24/7, online or by mobile device.
Halifax is home to ABK Biomedical, a medical device company dedicated to improving treatment options for patients with hypervascular tumours.
In Toronto, clinical trials are underway to validate the use of Myant’s Skiin, a textile-based monitoring solution, as a medical device to usher in a new paradigm in remote patient monitoring in health care.