Canada Inhalation & Nasal Spray Generic Drugs Market Size & Outlook

The inhalation & nasal spray generic drugs market in Canada is expected to reach a projected revenue of US$ 3,000.0 million by 2030. A compound annual growth rate of 9.3% is expected of Canada inhalation & nasal spray generic drugs market from 2025 to 2030.
Revenue, 2024 (US$M)
$1,756.5
Forecast, 2030 (US$M)
$3,000.0
CAGR, 2025 - 2030
9.3%
Report Coverage
Canada

Canada inhalation & nasal spray generic drugs market, 2018-2030 (US$M)

Canada

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Canada inhalation & nasal spray generic drugs market highlights

  • The Canada inhalation & nasal spray generic drugs market generated a revenue of USD 1,756.5 million in 2024 and is expected to reach USD 3,000.0 million by 2030.
  • The Canada market is expected to grow at a CAGR of 9.3% from 2025 to 2030.
  • In terms of segment, bronchodilators was the largest revenue generating drug class in 2024.
  • Combination Drugs is the most lucrative drug class segment registering the fastest growth during the forecast period.

Inhalation & nasal spray generic drugs market data book summary

Market revenue in 2024USD 1,756.5 million
Market revenue in 2030USD 3,000.0 million
Growth rate9.3% (CAGR from 2024 to 2030)
Largest segmentBronchodilators
Fastest growing segmentCombination Drugs
Historical data2018 - 2023
Base year2024
Forecast period2025 - 2030
Quantitative unitsRevenue in USD million
Market segmentationBronchodilators, Combination Drugs, Corticosteroids, Decongestant Sprays, Antihistamines, Other Drug Classes
Key market players worldwideTeva Pharmaceutical Industries Ltd, Cipla Ltd DR, Novartis AG ADR, Hikma Pharmaceuticals PLC, Sun Pharmaceutical Industries, Beximco Pharmaceuticals Ltd DR, Mylan, Akorn, Apotex Inc., Nephron Pharmaceuticals

Other key industry trends

  • In terms of revenue, Canada accounted for 5.8% of the global inhalation & nasal spray generic drugs 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. inhalation & nasal spray generic drugs 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 3,000.0 million by 2030.

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Inhalation & Nasal Spray Generic Drugs Market Companies

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Canada inhalation & nasal spray generic drugs market size, by drug class, 2018-2030 (US$M)

Canada Inhalation & Nasal Spray Generic Drugs Market Outlook Share, 2024 & 2030 (US$M)

Canada inhalation & nasal spray generic drugs market size, by drug class, 2018-2030 (US$M)

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