Canada Anti-vascular Endothelial Growth Factor Therapeutics Market Size & Outlook
Canada anti-vascular endothelial growth factor therapeutics market, 2018-2030 (US$M)
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Canada anti-vascular endothelial growth factor therapeutics market highlights
- The Canada anti-vascular endothelial growth factor therapeutics market generated a revenue of USD 844.2 million in 2021 and is expected to reach USD 866.1 million by 2028.
- The Canada market is expected to grow at a CAGR of 0.4% from 2022 to 2028.
- In terms of segment, eylea was the largest revenue generating product in 2021.
- Beouvu is the most lucrative product segment registering the fastest growth during the forecast period.
Anti-vascular endothelial growth factor therapeutics market data book summary
| Market revenue in 2021 | USD 844.2 million |
| Market revenue in 2028 | USD 866.1 million |
| Growth rate | 0.4% (CAGR from 2021 to 2028) |
| Largest segment | Eylea |
| Fastest growing segment | Beouvu |
| Historical data | 2017 - 2020 |
| Base year | 2021 |
| Forecast period | 2022 - 2028 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Eylea, Lucentis, Beouvu |
| Key market players worldwide | Roche Holding AG ADR, Biogen Inc, Pfizer Inc, Amgen Inc, Bausch Health Companies Inc, Viatris Inc, Coherus BioSciences Inc |
Other key industry trends
- In terms of revenue, Canada accounted for 6.8% of the global anti-vascular endothelial growth factor therapeutics market in 2021.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2028.
- In North America, U.S. anti-vascular endothelial growth factor therapeutics market is projected to lead the regional market in terms of revenue in 2028.
- Canada is the fastest growing regional market in North America and is projected to reach USD 866.1 million by 2028.
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Anti-Vascular Endothelial Growth Factor Therapeutics Market Scope
Anti-Vascular Endothelial Growth Factor Therapeutics Market Companies
| Name | Profile | # Employees | HQ | Website |
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Canada anti-vascular endothelial growth factor therapeutics market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to anti-vascular endothelial growth factor therapeutics market will help companies and investors design strategic landscapes.
Eylea was the largest segment with a revenue share of 66.04% in 2024. Horizon Databook has segmented the Canada anti-vascular endothelial growth factor therapeutics market based on eylea, lucentis, beouvu covering the revenue growth of each sub-segment from 2018 to 2030.
Canada’s anti-VEGF therapeutics market is anticipated to witness significant growth, owing to increasing disease burden, product launches, and R&D activities for testing potential treatments of AMD. According to FIGHTING BLINDNESS CANADA, around 1.4 million Canadians are affected by AMD.
In October 2020, Novartis AG announced the introduction of Beovu (brolucizumab injection) in Canada for the treatment of wet AMD. This VEGF inhibitor enables patients to start on 3-month dosing intervals after the loading phase. This novel treatment received a positive recommendation for reimbursement under public health plans.
Key players are focusing on the adoption of marketing strategies, such as research collaborations, licensing agreements, and product launches, for sustaining themselves in the market. For instance, in January 2020, Coherus BioSciences, Inc. entered into a licensing agreement with Innovent Biologics, Inc. for the commercialization of IBI305, a biosimilar candidate of Avastin (bevacizumab) in Canada.
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Horizon Databook provides a detailed overview of country-level data and insights on the Canada anti-vascular endothelial growth factor therapeutics market , including forecasts for subscribers. This country databook contains high-level insights into Canada anti-vascular endothelial growth factor therapeutics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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