Canada Military Wearable Medical Device Market Size & Outlook

The military wearable medical device market in Canada is expected to reach a projected revenue of US$ 1,814.0 million by 2030. A compound annual growth rate of 26.1% is expected of Canada military wearable medical device market from 2024 to 2030.
Revenue, 2023 (US$M)
$357.6
Forecast, 2030 (US$M)
$1,814.0
CAGR, 2024 - 2030
26.1%
Report Coverage
Canada

Canada military wearable medical device market highlights

  • The Canada military wearable medical device market generated a revenue of USD 357.6 million in 2023 and is expected to reach USD 1,814.0 million by 2030.
  • The Canada market is expected to grow at a CAGR of 26.1% from 2024 to 2030.
  • In terms of segment, heart monitor was the largest revenue generating application in 2023.
  • Performance monitor is the most lucrative application segment registering the fastest growth during the forecast period.

Military wearable medical device market data book summary

Market revenue in 2023USD 357.6 million
Market revenue in 2030USD 1,814.0 million
Growth rate26.1% (CAGR from 2023 to 2030)
Largest segmentHeart monitor
Fastest growing segmentPerformance monitor
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationHeart Monitor, Performance monitor
Key market players worldwideBittium Corp, Garmin Ltd, NeuroMetrix Inc, Apple Inc, Samsung Electronics Co Ltd, Polar Electro, Oura, GOQii, Zephyr Technology, Fitbit

Other key industry trends

  • In terms of revenue, Canada accounted for 4.8% of the global military wearable medical device market in 2023.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In North America, U.S. military wearable medical device market is projected to lead the regional market in terms of revenue in 2030.
  • Canada is the fastest growing regional market in North America and is projected to reach USD 1,814.0 million by 2030.

No credit card required*

Horizon in a snapshot

  • 30K+ Global Market Reports
  • 120K+ Country Reports
  • 1.2M+ Market Statistics
  • 200K+ Company Profiles
  • Industry insights and more

Military Wearable Medical Device Market Scope

Military wearable medical device market segmentation & scope

Military Wearable Medical Device Market Companies

Name Profile # Employees HQ Website

Canada military wearable medical device 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 military wearable medical device market will help companies and investors design strategic landscapes.


Heart monitor was the largest segment with a revenue share of 78.86% in 2023. Horizon Databook has segmented the Canada military wearable medical device market based on heart monitor, performance monitor covering the revenue growth of each sub-segment from 2018 to 2030.


  • Canada Military Wearable Medical Device Application Outlook (Revenue, USD Million, 2018-2030)
    • Heart Monitor
      • Sick Alert
      • Heart Rate Variability
    • Performance monitor
      • Sleep-wake Cycle Alert
      • Core Body Temperature Monitoring

Reasons to subscribe to Canada military wearable medical device market databook:

  • Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
  • Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
  • Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
  • Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
  • Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.

Target buyers of Canada military wearable medical device market databook

  • Our clientele includes a mix of military wearable medical device market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
  • The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.

Horizon Databook provides a detailed overview of country-level data and insights on the Canada military wearable medical device market , including forecasts for subscribers. This country databook contains high-level insights into Canada military wearable medical device market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

Partial client list

  • logo

Canada military wearable medical device market size, by application, 2018-2030 (US$M)

Canada Military Wearable Medical Device Market Outlook Share, 2023 & 2030 (US$M)

Canada military wearable medical device market size, by application, 2018-2030 (US$M)

Sign up - it's easy, and free!

Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our free plan indefinitely.

Explore all plans

Included in Horizon account

  • 30K+ Global Market Reports
  • 120K+ Country Reports
  • 1.2M+ Market Statistics
  • 200K+ Company Profiles
  • Industry insights and more