The scope of the Industry and areas of excellence
Medical technologies represent a booming industry in the province of Quebec with more than 600 companies and 15,000 jobs. More than 75% of this industry is concentrated in the Montreal Metropolitan area.
Of those 600 companies, more than 50% are highly innovative corporations.
All research and development activities are segmented in five areas of excellence:
Assistive Devices
Information Technology
Imaging
Biomaterials
Diagnostic and Therapeutic Devices
In a broad spectrum of applications including: radiology, cardiology, orthopaedics, oncology, obstetrics, clinical decision assistance, dentistry and remote surgery.
converging opportunities
Metro Montreal’s medical technology industry is enjoying an unprecedented momentum, thanks to a converging set of opportunities.
Leading edge infrastructures:
Building of two world-class teaching hospitals (MUHC and CHUM), involving a $2.6 billion investment budget and modernization of an important children dedicated hospital (CHU Sainte-Justine).
Strong public commitment:
Proven governmental commitment through significant and growing investments in research and development.
Health care system:
Publicly funded health system with buying power and high quality standardized care.
Foreign venture investment:
An increasing number of foreign venture capital for the Quebec Life Sciences industry.
A growing cluster:
dynamic with foreign companies and university spin-offs.
An expanding pool of highly qualified workforce:
fuelled by a network of prestigious universities and life sciences companies.
Did you know?
The pacemaker was developed in Canada!
During the 1940’s Dr. Jack Hopps developed the first cardiac pacemaker, a live-saving device that has been used widely ever since. The pacemaker not only starts a stopped heart, it also regulates the heart, by supplying a gentle electric stimulus to the organ muscle.
AITS
Strategy and leadership
The Association of Health Technologies Industries (AITS) groups more than 110 member organizations. The membership includes medical device manufacturers, academic and research organizations, healthcare services and consulting companies of all sizes. AITS stimulates the development of the health technologies industry and promotes its economic and social value. It is also a gathering frame for partners exchange on domestic and foreign markets. Many meeting and conferences take place each year in Montreal.
This document had been prepared by: Montréal International
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