The Canadian ultrasound devices market is projected to grow at a CAGR of 6.15% from 2023 to 2033, driven by the rising prevalence of chronic diseases and technological advancements. Hospitals will continue to dominate the market, accounting for the largest revenue share in 2023, as ultrasound technology enhances diagnostic capabilities across various medical specialties. Key players include Canon Medical Systems, GE Healthcare, and Siemens Healthcare, with ongoing mergers and innovations shaping the competitive landscape.
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