Import Medical Device Canada 2026 Market Overview & Trends

Canada's medical device import market shows a consistent upward value trend, rising from $2.89 billion in 2020 to $4.12 billion in 2024.
Despite this value growth, total import quantities have declined from their 2021 peak of 985 million units to 799 million in 2024, suggesting a significant increase in the average price per unit or a shift toward higher-end technology.

In 2024, the United States dominates the Canadian market with an export value of $1.89 billion.
Mexico holds the second position at $554 million, followed by Germany, Japan, and Costa Rica. This data highlights a strong reliance on North American trade partners for medical device procurement, with the USA providing nearly half of the top five exporters' combined value.

Switzerland is the fastest-growing partner with an impressive 17.8% growth rate, followed by Mexico at 11.3%.
While the United States remains the largest partner by value, its growth rate is more modest at 3.9%. This suggests that Canadian importers are diversifying their supply chains toward high-precision Swiss instruments and expanding their established North American manufacturing ties in Mexico.

Product category HS 901890 (blood bags) leads imports with a value of $1.78 billion in 2024.
Ultrasound machines represent another major segment at $916 million. The data shows a high concentration of value in specialized diagnostic and surgical equipment, including clinical waste products and dental kits, which together form the core of Canada's medical hardware imports.