Canada Biologics Market Size & Outlook, 2024-2030
Canada biologics market, 2018-2030 (US$M)
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Canada biologics market highlights
- The Canada biologics market generated a revenue of USD 35.4 million in 2024 and is expected to reach USD 63.6 million by 2030.
- The Canada market is expected to grow at a CAGR of 10.3% from 2025 to 2030.
- In terms of segment, microbial was the largest revenue generating biologics source in 2024.
- Others Biologics Source is the most lucrative biologics source segment registering the fastest growth during the forecast period.
Biologics market data book summary
| Market revenue in 2024 | USD 35.4 million |
| Market revenue in 2030 | USD 63.6 million |
| Growth rate | 10.3% (CAGR from 2024 to 2030) |
| Largest segment | Microbial |
| Fastest growing segment | Others Biologics Source |
| Historical data | 2018 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Microbial, Mammalian, Others Biologics Source |
| Key market players worldwide | Samsung BioLogics, Amgen Inc, Novo Nordisk A/S ADR, AbbVie Inc, Sanofi SA, Johnson & Johnson, Celltrion Healthcare, Bristol-Myers Squibb Co, Eli Lilly and Co, Roche Holding AG ADR |
Other key industry trends
- In terms of revenue, Canada accounted for 6.2% of the global biologics 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. biologics market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 63.6 million by 2030.
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Biologics Market Scope
Biologics Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Canada biologics 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 biologics market will help companies and investors design strategic landscapes.
Microbial was the largest segment with a revenue share of 58.19% in 2024. Horizon Databook has segmented the Canada biologics market based on microbial, mammalian, others biologics source covering the revenue growth of each sub-segment from 2018 to 2030.
Key factor that is expected the impact biologics development and marketing in Canada is the presence of regulatory bodies such as the Biologics and Genetic Therapies Directorate (BGTD) of the Health Products and Food Branch (HPFB) of Health Canada in the country.
BGTD is engaged in the regulation of biological products including hemostatic agents, blood & blood products, hormones, bacterial & viral vaccines, gene & cell therapies cytokines, enzymes, allergenic extracts, and monoclonal antibodies, developed in the country.
Growth in R&D being conducted in the country externally and through partnerships that receive funding and investment from small & medium-sized enterprises and other venture funds is the high-impact rendering factor for the growth of the market in this country.
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Our clientele includes a mix of biologics market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the Canada biologics market , including forecasts for subscribers. This country databook contains high-level insights into Canada biologics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Canada biologics market size, by biologics source, 2018-2030 (US$M)
Canada Biologics Market Outlook Share, 2024 & 2030 (US$M)
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