Canada Hemodynamic Monitoring Devices Market Size & Outlook

The hemodynamic monitoring devices market in Canada is expected to reach a projected revenue of US$ 157.6 million by 2033. A compound annual growth rate of 5.7% is expected of Canada hemodynamic monitoring devices market from 2025 to 2033.
Revenue, 2024 (US$M)
$96.2
Forecast, 2033 (US$M)
$157.6
CAGR, 2025 - 2033
5.7%
Report Coverage
Canada

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Canada hemodynamic monitoring devices market, 2021-2033 (US$M)

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Canada hemodynamic monitoring devices market highlights

  • The Canada hemodynamic monitoring devices market generated a revenue of USD 96.2 million in 2024 and is expected to reach USD 157.6 million by 2033.
  • The Canada market is expected to grow at a CAGR of 5.7% from 2025 to 2033.
  • In terms of segment, monitors was the largest revenue generating product in 2024.
  • Disposables is the most lucrative product segment registering the fastest growth during the forecast period.


Hemodynamic monitoring devices market data book summary

Market revenue in 2024USD 96.2 million
Market revenue in 2033USD 157.6 million
Growth rate5.7% (CAGR from 2025 to 2033)
Largest segmentMonitors
Fastest growing segmentDisposables
Historical data2021 - 2023
Base year2024
Forecast period2025 - 2033
Quantitative unitsRevenue in USD million
Market segmentationMonitors, Disposables
Key market players worldwideEdwards Lifesciences Corp, GE HealthCare Technologies Inc Common Stock, Baxter International Inc, ICU Medical Inc, Koninklijke Philips NV, Deltex Medical Group PLC, Masimo Corp, The McEvoy Group, Sramek BioDynamics, OSYPKA MEDICAL


Other key industry trends

  • In terms of revenue, Canada accounted for 6.1% of the global hemodynamic monitoring devices market in 2024.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2033.
  • In North America, U.S. hemodynamic monitoring devices market is projected to lead the regional market in terms of revenue in 2033.
  • U.S. is the fastest growing regional market in North America and is projected to reach USD 968.9 million by 2033.

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Hemodynamic Monitoring Devices Market Companies

Name Profile # Employees HQ Website
OSYPKA MEDICAL View profile 11-50 Berlin, Berlin, Germany, Europe https://www.osypkamed.com
Sramek BioDynamics View profile 11-50 Kamuela, Hawaii, United States, North America https://www.sramekbiodynamics.com
The McEvoy Group View profile 251-500 San Francisco, California, United States, North America https://www.mcevoygroup.com
Deltex Medical Group PLC View profile 35 Terminus Road, Chichester, West Sussex, United Kingdom, PO19 8TX https://www.deltexmedical.com
ICU Medical Inc View profile 14000 951 Calle Amanecer, San Clemente, CA, United States, 92673 https://www.icumed.com
Masimo Corp View profile 3796 52 Discovery, Irvine, CA, United States, 92618 https://www.masimo.com
Edwards Lifesciences Corp View profile 19800 One Edwards Way, Irvine, CA, United States, 92614 https://www.edwards.com
Koninklijke Philips NV View profile 73712 Philips Center, Amstelplein 2, Amsterdam, Netherlands, 1096 BC https://www.philips.com
GE HealthCare Technologies Inc Common Stock View profile 51000 500 West Monroe Street, Chicago, IL, United States, 60661 https://www.gehealthcare.com
Baxter International Inc View profile 60000 One Baxter Parkway, Deerfield, IL, United States, 60015 https://www.baxter.com

Canada hemodynamic monitoring devices market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to hemodynamic monitoring devices market will help companies and investors design strategic landscapes.


Monitors was the largest segment with a revenue share of 63.1% in 2024. Horizon Databook has segmented the Canada hemodynamic monitoring devices market based on monitors, disposables covering the revenue growth of each sub-segment from 2021 to 2033.


Several factors are expected to contribute to market growth in Canada, including the increasing burden of chronic diseases among the aging population. Data from the government of Canada in July 2021 revealed that approximately 6.3 million Canadians aged 65 years and above were living with chronic conditions. 

Furthermore, lifestyle and environmental changes are contributing to an increased risk of chronic diseases, such as cancer, cardiovascular disease, diabetes, hypertension, and respiratory conditions, among the Canadian population. 

The United Nations Population Fund (UNPF) reported in 2022 that about 65% of Canada's population falls within the age range of 15 to 64 years, while 19% are aged 65 years and above. With such demographic shifts, there is a growing need for monitoring devices to monitor individuals' health conditions and statuses regularly. 

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Target buyers of Canada hemodynamic monitoring devices market databook

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Horizon Databook provides a detailed overview of country-level data and insights on the Canada hemodynamic monitoring devices market , including forecasts for subscribers. This country databook contains high-level insights into Canada hemodynamic monitoring devices market from 2021 to 2033, including revenue numbers, major trends, and company profiles.

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Canada hemodynamic monitoring devices market size, by product, 2021-2033 (US$M)

Canada Hemodynamic Monitoring Devices Market Outlook Share, 2024 & 2033 (US$M)

Canada hemodynamic monitoring devices market size, by product, 2021-2033 (US$M)

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