Market Size of Canada Anesthesia Devices Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Market Size (2024) | USD 674.88 Million |
| Market Size (2029) | USD 942.14 Million |
| CAGR (2024 - 2029) | 6.90 % |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Canada Anesthesia Devices Market Analysis
The Canada Anesthesia Devices Market size is estimated at USD 674.88 million in 2024, and is expected to reach USD 942.14 million by 2029, growing at a CAGR of 6.90% during the forecast period (2024-2029).
The growth in the geriatric population is likely to result in a significant increase in the demand for the surgeries in Canada. The overall increase in the number of surgeries performed has a strong impact on the anesthesia devices market in Canada, as anesthetic devices are used in surgical procedures to reduce the pain.
The geriatric population is highly prone to degenerative diseases and chronic illnesses, which has caused an increased verge on surgeries and therapeutics. This demands for continuous monitoring, and it is thus expected to drive the growth of the anesthesia devices market. Increasing investments in the market, supporting the technological advancements in anesthesia machines and techniques, are having a major impact on the market growth, enabling faster deployment in the healthcare industry.
