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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

$3B

in life sciences investments in Ontario over the past three years

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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.

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$1.82 billion

invested by Ontario research hospitals in R&D.

$3 billion

in life sciences investments in Ontario over the past three 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.

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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 over the past three years, Ontario presents unparalleled opportunities for growth and investment in the dynamic healthcare landscape.

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Ontario is home to some of the world's leading academic institutions, research centers, hospitals, and innovation hubs, and boasts top talent in artificial intelligence, machine learning, data and analytics, and software and infrastructure engineering. Companies like Roche continue to invest in this vibrant life sciences ecosystem because of the talent here, the collaborative environment, and because there is a deep-seated willingness to work locally and globally to innovate for maximum impact.

Brigitte Nolet

President & CEO, Roche Canada Pharma

Brigitte Nolet headshot

In good company

Roche Canada

Invest Ontario is proud to partner with Roche Canada to support the establishment of a Global Informatics Hub in Mississauga, Ontario. This investment of more than $130 million CAD over five years will create up to 250 new jobs in innovative areas like artificial intelligence (AI), machine learning, computational biology and data analytics.

HIGHLIGHTING ONTARIO’S MEDTECH AND DIGITAL HEALTH INNOVATIONS

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Roche Canada expands global informatics hub in Ontario

Invest Ontario is supporting Roche Canada’s more than $130M investment to create up to 250 jobs in AI, machine learning, computational biology and data analytics.

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Ontario attracts economic opportunities with Trade Mission to India

The Ontario government has concluded a successful trade mission to India to strengthen relationships with economic partners and attract new investments in key sectors.

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