Canada Precision Oncology Market Size & Outlook, 2024-2030

The precision oncology market in Canada is expected to reach a projected revenue of US$ 6,980.5 million by 2030. A compound annual growth rate of 8.7% is expected of Canada precision oncology market from 2025 to 2030.
Revenue, 2024 (US$M)
$4,235.1
Forecast, 2030 (US$M)
$6,980.5
CAGR, 2025 - 2030
8.7%
Report Coverage
Canada

Canada precision oncology market, 2018-2030 (US$M)

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Canada precision oncology market, 2018-2030 (US$M)

Canada precision oncology market highlights

  • The Canada precision oncology market generated a revenue of USD 4,235.1 million in 2024 and is expected to reach USD 6,980.5 million by 2030.
  • The Canada market is expected to grow at a CAGR of 8.7% from 2025 to 2030.
  • In terms of segment, therapeutics was the largest revenue generating product in 2024.
  • Diagnostics is the most lucrative product segment registering the fastest growth during the forecast period.

Precision oncology market data book summary

Market revenue in 2024USD 4,235.1 million
Market revenue in 2030USD 6,980.5 million
Growth rate8.7% (CAGR from 2025 to 2030)
Largest segmentTherapeutics
Fastest growing segmentDiagnostics
Historical data2018 - 2023
Base year2024
Forecast period2025 - 2030
Quantitative unitsRevenue in USD million
Market segmentationDiagnostics, Therapeutics
Key market players worldwideThermo Fisher Scientific Inc, Invitae Corp, Qiagen NV, Illumina Inc, Exact Sciences Corp, Rain Oncology, Strata Oncology, Xilis, Variantyx, BioServe, Relay Therapeutics, Acrivon Therapeutics

Other key industry trends

  • In terms of revenue, Canada accounted for 3.7% of the global precision oncology market in 2024.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In North America, U.S. precision oncology market is projected to lead the regional market in terms of revenue in 2030.
  • U.S. is the fastest growing regional market in North America and is projected to reach USD 79,841.2 million by 2030.

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Precision Oncology Market Companies

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Canada precision oncology market size, by end use, 2018-2030 (US$M)

Canada Precision Oncology Market Outlook Share, 2024 & 2030 (US$M)

Canada precision oncology market size, by end use, 2018-2030 (US$M)

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