As most of the news has been centered on Canada legalizing recreational marijuana, it is now bringing attention to the future of Canada’s healthcare industry. Particularly, innovation has become a focal topic on a global scale regarding healthcare. Medical technology advancements assist to save lives across the globe, by improving the accuracy of diagnoses, improving treatments, and aiding to provide enhanced medical care. The term “medical technology” covers a broad range of products as well as software.Click Here For 3 Stocks Seeking To Profit From Canadian Cannabis Legalization The global medical technology industry’s market size is currently around USD$400 billion and is forecast to hit USD$495 billion in the next three years, according to a PwC report. Being that the Canadian economy is one of the largest in the world, it ranks as the 8th largest medical technology market, with the highest demand for diagnostic and patient monitoring equipment., according to Emergo, a leading regulatory consulting firm specializing in global medical devices. As we continues to see changes in the industry, investors are focusing on the cross-over effect that health and marijuana may impose.