Advancing Healthcare Through Innovative Technologies and Devices
Everyday, medical device advancements help save the lives of patients in Canada by improving the accuracy of diagnoses, enhancing treatments and cure of diseases, reducing long-term disabilities and helping to provide better medical care. Covering a wide range of products, medical device examples include pacemakers, artificial heart valves, hip implants, synthetic skin, scalpels, medical laboratory diagnostic instruments and test kits for diagnosis. Software, either stand alone sold for the purposes given in the definition of a device (Patient Management Software) or used as a component to a device, is included in the term "medical device".
Medical Devices are defined in the Food and Drugs Act (the "Act") and the Medical Devices Regulations.
Employs over 35,000 Canadians
Close to 1,500 corporate facilities
Almost $6 billion in national sales per annum
Annual sales in Ontario are $3 billion, $2 billion in Quebec and $500 million in British Columbia
Ahead of industry, MEDEC members in mid-size facilities are growing at a 7% growth rate in employment
MEDEC small and medium sized facilities are leading growth
Average number of R&D workers in MEDEC facilities is 17
MEDEC is the national association created by and for the Canadian medical technology industry. MEDEC is the primary source for advocacy, information and education on the medical technology industry for members, the greater healthcare community, industry partners and the general public.
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