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Medical Device Manufacturing in British Columbia

Author.Name IBISWorld Canada Last Updated: March 2025 NAICS BC33451bCA

Medical Device Manufacturing in British Columbia industry analysis

Revenue for the Medical Device Manufacturing industry in British Columbia is expected to grow an annualized x% to $x.x million over the five years to 2025, while revenue for the national industry will likely decline at -x.x% during the same period. The number of industry establishments has increased an annualized x.x% to xx locations over the past five years. Industry employment has increased an annualized x.x% to x,xxx workers during the period, while industry wages have increased an annualized x.x% to $x.x million.

Over the five years to 2030, provincial industry revenue is expected to grow an annualized x.x% to $x.x billion, while revenue for the national industry will likely grow x.x%. The number of industry establishments is forecast to grow x.x% to xxx locations over the next five years. Industry employment is expected to increase an annualized x.x% to x,xxx workers during the outlook period, while industry wages likely increase x% to $x.x million.

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About the Medical Device Manufacturing in British Columbia Market Research Report

What’s Included in the Medical Device Manufacturing in British Columbia Market Research Report

Definition of the Medical Device Manufacturing in British Columbia?

Medical device manufacturers design, develop, produce and distribute medical devices. These devices encompass a broad range of products, including instruments, apparatuses, implants, software and reagents used to diagnose, prevent, monitor, treat or alleviate diseases or medical conditions.

What’s included in the Medical Device Manufacturing in British Columbia?

The Medical Device Manufacturing in British Columbia includes production of cardiovascular devices, production of surgical devices, production of neurological devices, production of diabetes monitoring devices and production of diagnostic devices. Related terms covered in the Medical Device Manufacturing in British Columbia industry report includes electrically operated diagnostic and other medical equipment, devices that use x-rays, beta rays or gamma rays for diagnosis and treatment applications and a medical imaging technique most commonly used in radiology to visualize the internal structure and function of the body.

Industry Performance of the Medical Device Manufacturing industry in British Columbia

Benchmark the Medical Device Manufacturing in British Columbia industry performance with all BC Census Metropolitan Area and national performance.

Medical Device Manufacturing in British Columbia

#3 in Highest Revenue 12.9% of province's GDP
Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)

Medical Device Manufacturing in Canada


Revenue (2024)
Annual Growth (2019-24)
Annual Growth (2024-29)

For the full list of industry drivers, see report purchase options.

Key Drivers of the Medical Device Manufacturing industry in British Columbia

See how key industry drivers, such as population, median houshold income, gross domestic product, total health expenditure, number of adults aged 65 and older and research and development expenditure are impacting Medical Device Manufacturing in British Columbia

British Columbia Economic Indicators

Population
Median Houshold Income
Gross Domestic Product

View more economic information in BC State Economic profile

Canada Key External Drivers

Total health expenditure
Number of adults aged 65 and older
Research and development expenditure

For the full list of industry drivers, see report purchase options.

Census Metropolitan Area Data of the Medical Device Manufacturing industry in British Columbia

Access proprietary data on Census Metropolitan Area in the Medical Device Manufacturing in British Columbia, such as Vancouver, Victoria and Kelowna. Data includes figures on revenue, establishments, employees and wages by Census Metropolitan Areas.

Key Statistics of the Medical Device Manufacturing industry in British Columbia

Download 18 years of historical data and 5 years of projected performance.

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Top Questions Answered in this Report

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What is the market size of the Medical Device Manufacturing industry in British Columbia in 2025?

The market size of the Medical Device Manufacturing industry in British Columbia is $822.3m in 2025.

How many businesses are there in the Medical Device Manufacturing industry in British Columbia in 2025?

There are 94 businesses in the Medical Device Manufacturing industry in British Columbia, which has been growing at an average annual rate of 0.2% from 2020 to 2025.

Has the Medical Device Manufacturing industry in British Columbia grown or declined over the past 5 years?

The market size of the Medical Device Manufacturing industry in British Columbia has been growing at an average annual rate of 1.0% from 2020 to 2025.

How many employees in the Medical Device Manufacturing industry in British Columbia in 2025?

There are 2,142 employees in the Medical Device Manufacturing industry in British Columbia, which has been growing at an average annual rate of 2.2% from 2020 to 2025.