Canada Cell Therapy Market Size & Outlook, 2023-2030
Canada cell therapy market, 2018-2030 (US$M)
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Canada cell therapy market highlights
- The Canada cell therapy market generated a revenue of USD 123.4 million in 2023 and is expected to reach USD 576.5 million by 2030.
- The Canada market is expected to grow at a CAGR of 24.6% from 2024 to 2030.
- In terms of segment, autologous therapies was the largest revenue generating therapy type in 2023.
- Autologous Therapies is the most lucrative therapy type segment registering the fastest growth during the forecast period.
Cell therapy market data book summary
| Market revenue in 2023 | USD 123.4 million |
| Market revenue in 2030 | USD 576.5 million |
| Growth rate | 24.6% (CAGR from 2023 to 2030) |
| Largest segment | Autologous therapies |
| Fastest growing segment | Autologous Therapies |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Allogeneic Therapies, Autologous Therapies |
| Key market players worldwide | Novartis AG ADR, Gilead Sciences Inc, Bristol-Myers Squibb Co, Johnson & Johnson, JCR Pharmaceuticals Co Ltd, JW (Cayman) Therapeutics Co Ltd Ordinary Shares, Atara Biotherapeutics Inc, Medipost, Beiersdorf AG, Nkarta Inc Ordinary Shares |
Other key industry trends
- In terms of revenue, Canada accounted for 2.6% of the global cell therapy market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. cell therapy 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 576.5 million by 2030.
Key Regions: U.S. , UK , Japan , Germany , Switzerland
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Cell Therapy Market Scope
Cell Therapy Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Canada cell therapy 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 cell therapy market will help companies and investors design strategic landscapes.
Autologous therapies was the largest segment with a revenue share of 97.49% in 2023. Horizon Databook has segmented the Canada cell therapy market based on allogeneic therapies, autologous therapies covering the revenue growth of each sub-segment from 2018 to 2030.
The cell therapy market in Canada is expected to exhibit significant growth over the forecast period due to the ongoing expansion of manufacturing facilities by key players in the market. For instance, in November 2021, Aspect Biosystems, a Canada-based biotechnology company, entered into an agreement with the University Health Network (UHN).
The primary objective of this partnership was to advance the development of bioprinted cell therapies targeting various genetic and acquired liver diseases. Such collaborations among major market players for developing cell therapies are expected to boost the competition in the country. Furthermore, researchers, government authorities, and scientists in the country are trying to develop therapies in Canada.
They are undertaking efforts to develop more affordable and accessible cell therapies. For instance, according to an article published by the government of Canada in February 2023, the National Research Council of Canada is developing new ways to create immunotherapies like CAR T-cell therapies for cancer patients.
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Our clientele includes a mix of cell therapy market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Canada cell therapy market , including forecasts for subscribers. This country databook contains high-level insights into Canada cell therapy market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Canada cell therapy market size, by therapy type, 2018-2030 (US$M)
Canada Cell Therapy Market Outlook Share, 2023 & 2030 (US$M)
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