Proof of Usefulness Report

Medtech Canada

Analysis completed on 2/13/2026

+100
Proof of Usefulness Score
You're In Business

Medtech Canada is a highly legitimate, established national association (founded 1973) representing a vital industry. However, the submission itself is low-effort, relying on generalized claims ('everyone', 'most people') rather than specific metrics for the association's direct impact. While the entity has high intrinsic value and longevity (50+ years), the lack of detailed evidence in the submission significantly penalizes the score compared to a well-documented entry. The 'marketcap' figure likely refers to budget or sector size, indicating significant scale.

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Score Breakdown

Real World Utility+123.75
Audience Reach Impact+56.0
Technical Innovation+30.0
Evidence Of Traction+108.0
Market Timing Relevance+85.0
Functional Completeness+24.0
Subtotal+85.14
Usefulness Multiplierx1.18
Final Score+100

Project Details

Description
Medtech Canada is the national association representing the medical technology industry in Canada. Our association advocates for achieving patient access to leading edge, innovative technology solutions that provide valuable outcomes. Our members are committed to providing safe and innovative medical technologies that enhance the quality of patient care, improve patient access to health care, and help enable the sustainability of our health care system. The medical technology industry in Canada employs over 35,000 Canadians in approximately 1,500 facilities across the country.

Algorithm Insights

Market Position
Growing utility with room for optimization
User Engagement
Documented reach suggests active user community
Technical Stack
Modern tech stack aligned with sponsor technologies

Recommendations to Increase Usefulness Score

Document User Growth

Provide specific metrics on user acquisition and retention rates

Showcase Revenue Model

Detail sustainable monetization strategy and current revenue streams

Expand Evidence Base

Include testimonials, case studies, and third-party validation

Technical Roadmap

Share development milestones and feature completion timeline