Canada Laparoscopic Devices Market Size & Outlook
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Canada laparoscopic devices market highlights
- The Canada laparoscopic devices market generated a revenue of USD 354.5 million in 2024 and is expected to reach USD 539.0 million by 2030.
- The Canada market is expected to grow at a CAGR of 7.4% from 2025 to 2030.
- In terms of segment, energy systems was the largest revenue generating product in 2024.
- Robot Assisted Systems is the most lucrative product segment registering the fastest growth during the forecast period.
Laparoscopic devices market data book summary
| Market revenue in 2024 | USD 354.5 million |
| Market revenue in 2030 | USD 539.0 million |
| Growth rate | 7.4% (CAGR from 2025 to 2030) |
| Largest segment | Energy systems |
| Fastest growing segment | Robot Assisted Systems |
| Historical data | 2018 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Closure Devices, Robot Assisted Systems, Hand Access Instruments, Trocars, Suction/ Irrigation Device, Insufflation Device, Laparoscopes, Energy Systems |
| Key market players worldwide | Karl Storz, Medtronic PLC, Johnson & Johnson, Olympus Corp, B. Braun, The Cooper Companies Inc, Richard Wolf, Hoya Corp, BD, Welfare Medical, DEAM, Intuitive Surgical Inc |
Other key industry trends
- In terms of revenue, Canada accounted for 4.3% of the global laparoscopic devices market in 2024.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. laparoscopic devices market is projected to lead the regional market in terms of revenue in 2030.
- Mexico is the fastest growing regional market in North America and is projected to reach USD 181.3 million by 2030.
Energy systems was the largest segment with a revenue share of 29.06% in 2024. Horizon Databook has segmented the Canada laparoscopic devices market based on closure devices, robot assisted systems, hand access instruments, trocars, suction/ irrigation device, insufflation device, laparoscopes, energy systems covering the revenue growth of each sub-segment from 2018 to 2030.
Increasing healthcare expenditure by both private and public sectors is one of the major factors driving the Canadian market. For instance, provincial & territorial government spending on healthcare constituted around 65% of total health expenditure, and around 5% expenditure was recorded by public sector, in 2016.
Such funding is expected to create opportunities for both local and international players to enter the market. However, due to outbreak of the pandemic, the number of surgeries were delayed or cancelled to curb the spread of COVID-19.
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Laparoscopic Devices Market Scope
Laparoscopic Devices Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| DEAM | View profile | 1-10 | Roden, Drenthe, The Netherlands, Europe | https://www.deam.com |
| Welfare Medical | View profile | 11-50 | Waterlooville, Hampshire, United Kingdom, Europe | https://www.welfaremedical.com |
| Richard Wolf | View profile | 1001-5000 | Knittlingen, Baden-Wurttemberg, Germany, Europe | https://www.richard-wolf.com/en/ |
| Karl Storz | View profile | 1001-5000 | Tuttlingen, Baden-Wurttemberg, Germany, Europe | https://www.karlstorz.com/ |
| BD | View profile | 10001+ | Franklin Lakes, New Jersey, United States, North America | https://www.bd.com |
| B. Braun | View profile | 10001+ | Chapeltown, Sheffield, United Kingdom, Europe | https://www.bbraun.co.uk |
| Hoya Corp | View profile | 36571 | 20th Floor Nishi-Shinjuku Building, 6-10-1, Nishi-Shinjuku, Shinjuku-ku, Tokyo, Japan, 160-8347 | http://www.hoya.co.jp |
| The Cooper Companies Inc | View profile | 15000 | 6101 Bollinger Canyon Road, Suite 500, San Ramon, CA, United States, 94583 | https://www.coopercos.com |
| Intuitive Surgical Inc | View profile | 13676 | 1020 Kifer Road, Sunnyvale, CA, United States, 94086-5304 | https://www.intuitive.com |
| Olympus Corp | View profile | 33629 | Shinjuku Monolith, 2-3-1 Nishi-Shinjuku, Shinjuku-ku, Tokyo, Japan, 163-0914 | http://www.olympus.co.jp |
| Medtronic PLC | View profile | 95000 | Lower Hatch Street, 20 On Hatch, Dublin, Ireland, 2 | https://www.medtronic.com |
| Johnson & Johnson | View profile | 134400 | One Johnson and Johnson Plaza, New Brunswick, NJ, United States, 08933 | https://www.jnj.com |
Canada laparoscopic devices market size, by product, 2018-2030 (US$M)
Canada Laparoscopic Devices Market Outlook Share, 2024 & 2030 (US$M)
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