Canada Insulin Market Size & Outlook, 2025-2030
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Canada insulin market highlights
- The Canada insulin market generated a revenue of USD 753.0 million in 2024 and is expected to reach USD 880.7 million by 2030.
- The Canada market is expected to grow at a CAGR of 3.3% from 2025 to 2030.
- In terms of segment, insulin analog was the largest revenue generating type in 2024.
- Insulin Analog is the most lucrative type segment registering the fastest growth during the forecast period.
Insulin market data book summary
| Market revenue in 2024 | USD 753.0 million |
| Market revenue in 2030 | USD 880.7 million |
| Growth rate | 3.3% (CAGR from 2025 to 2030) |
| Largest segment | Insulin analog |
| Fastest growing segment | Insulin Analog |
| Historical data | 2018 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Insulin Analog, Human Insulin |
| Key market players worldwide | Novo Nordisk A/S ADR, Eli Lilly and Co, Sanofi SA, United Laboratories International Holdings Ltd, Biocon, Wockhardt, Boehringer Ingelheim Pharma, Tonghua Dongbao Pharmaceutical, Julphar |
Other key industry trends
- In terms of revenue, Canada accounted for 3.9% of the global insulin 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. insulin market is projected to lead the regional market in terms of revenue in 2030.
- Mexico is the fastest growing regional market in North America and is projected to reach USD 84.6 million by 2030.
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Insulin Market Scope
Insulin Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Julphar | View profile | 1001-5000 | Khaimah, Ras Al Khaimah, United Arab Emirates, Asia | http://julphar.net |
| Tonghua Dongbao Pharmaceutical | View profile | 251-500 | Tonghua, Shanxi, China, Asia | http://www.thdb.com/ |
| Wockhardt | View profile | 10001+ | Mumbai, Maharashtra, India, Asia | http://wockhardt.com |
| Boehringer Ingelheim Pharma | View profile | 10001+ | Dortmund, Nordrhein-Westfalen, Germany, Europe | https://www.boehringer-ingelheim.de/unternehmensprofil/unser-unternehmen/standort-dortmund |
| Biocon | View profile | 10001+ | Bangalore, Karnataka, India, Asia | http://www.biocon.com |
| United Laboratories International Holdings Ltd | View profile | 15000 | No. 6 Fuk Wang Street, Yuen Long Industrial Estate, New Territories, Hong Kong, Hong Kong, | http://www.tul.com.cn |
| Novo Nordisk A/S ADR | View profile | 66015 | Novo Alle 1, Bagsvaerd, Denmark, 2880 | https://www.novonordisk.com |
| Eli Lilly and Co | View profile | 43000 | Lilly Corporate Center, Indianapolis, IN, United States, 46285 | https://www.lilly.com |
| Sanofi SA | View profile | 87994 | 46, avenue de la Grande Armée, Paris, France, 75017 | https://www.sanofi.com |
Canada insulin 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 insulin market will help companies and investors design strategic landscapes.
Insulin analog was the largest segment with a revenue share of 87% in 2024. Horizon Databook has segmented the Canada insulin market based on insulin analog, human insulin covering the revenue growth of each sub-segment from 2018 to 2030.
- Canada Insulin Type Outlook (Revenue, USD Million, 2018-2030)
- Insulin Analog
- Human Insulin
- Canada Insulin Application Outlook (Revenue, USD Million, 2018-2030)
- Type 1 Diabetes
- Type 2 Diabetes
- Canada Insulin Product Outlook (Revenue, USD Million, 2018-2030)
- Rapid-Acting Insulin
- Long-Acting Insulin
- Combination Insulin
- Biosimilar
- Other
- Canada Insulin Distribution Channel Outlook (Revenue, USD Million, 2018-2030)
- Hospital Pharmacies
- Retail & Specialty Pharmacies
- Other
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Target buyers of Canada insulin market databook
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Our clientele includes a mix of insulin market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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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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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Canada insulin market , including forecasts for subscribers. This country databook contains high-level insights into Canada insulin market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Canada insulin market size, by type, 2018-2030 (US$M)
Canada Insulin Market Outlook Share, 2024 & 2030 (US$M)
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