Medical Technology and Digital Health

Where Health and Medtech Shape Tomorrow

Lead the forefront of Medtech and digital health innovation in Ontario, where a dynamic and thriving ecosystem and top-tier talent drive transformative, life-saving innovation steeped in a legacy of cutting-edge breakthroughs.

Inspire the future of medical technology and digital health right here in Ontario.

A Measurable Difference

31,000+

Medtech employees

$22.3B

in Medtech revenues

$2.71B

exported in goods

1,300+

medical devices firms

300+

digital health companies

54%

of domestic health ICT companies export their products and services

93.8%

of Canadian’s health data records are available electronically

Ignite Your Medtech and Digital Health Advancements in Ontario

Engage An Expert

Doctors looking at monitor with masks on

Exploring Ontario’s Medical Technology Innovations

Experience Ontario's medical technology innovations firsthand, including groundbreaking achievements like the first pacemaker, artificial cornea, to telerobotic surgery. Ontario universities lead the way in research, attracting nearly $3.39 billion in sponsored research income, accounting for 37.4% of the Top 50 research universities across Canada. Plus, in November 2022, Ontario introduced the $15 million Life Sciences Innovation Fund (LSIF) to enhance the commercialization of homegrown health innovations. Benefit from Ontario's pioneering advancements in medical technology and research support to drive innovation in healthcare.

$1.82 billion

invested by Ontario research hospitals in R&D.

$3 billion

in life sciences investments in Ontario. over the past two and half years

Technician looking into medical imaging device

Excel in Ontario's Booming Digital Health Industry

Explore the vast potential of Ontario's digital health sector, with over 300 companies, providing solutions for brain health, senior care, virtual care, cybersecurity, mobile apps, information management software and more, this sector boasts a combined market capitalization estimated at over $15-20 billion. Notably, 36% of its $3.4 billion revenue is generated internationally, showcasing Ontario's global reach and competitiveness. Additionally, with Toronto ranking 5th in non-US cities worldwide in digital health startup funding in 2020, securing a total of USD $282 million across 19 deals, investing in Ontario's digital health landscape promises unparalleled returns and advancements in healthcare technology.

Harness the Power of Ontario’s Thriving MedTech Ecosystem

Discover the collaborative innovation and specialized expertise of Ontario's thriving MedTech and Digital Health sector. Benefit from strategic strengths in cancer research, regenerative medicine, diagnostic imaging, and neuroscience, supported by renowned research centers and hospitals. With over $3 billion in life sciences investments in the past two and a half years, Ontario presents unparalleled opportunities for growth and investment in the dynamic healthcare landscape.
Toronto, Ontario was selected as the inaugural location outside of the United States for the prestigious MedTech Conference, highlighting the region's global significance in the industry.

Ontario’s world-class life sciences supply chain and established strengths in regenerative medicine will place the province at the forefront of medicine for the next 50 years. The teams at CCRM and OmniaBio look forward to working with our industry partners as we embark on this exciting and important journey.

Michael May

Chair, OmniaBio Inc.