Canada Large Molecule Drug Substance Cdmo Market Size & Outlook
Canada large molecule drug substance cdmo market, 2018-2030 (US$M)
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Canada large molecule drug substance cdmo market highlights
- The Canada large molecule drug substance cdmo market generated a revenue of USD 280.2 million in 2023 and is expected to reach USD 463.3 million by 2030.
- The Canada market is expected to grow at a CAGR of 7.4% from 2024 to 2030.
- In terms of segment, contract manufacturing was the largest revenue generating service in 2023.
- Contract Development is the most lucrative service segment registering the fastest growth during the forecast period.
Large molecule drug substance cdmo market data book summary
| Market revenue in 2023 | USD 280.2 million |
| Market revenue in 2030 | USD 463.3 million |
| Growth rate | 7.4% (CAGR from 2023 to 2030) |
| Largest segment | Contract manufacturing |
| Fastest growing segment | Contract Development |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Contract Manufacturing, Contract Development |
| Key market players worldwide | Eurofins Scientific SE, WuXi Biologics (Cayman) Inc, Catalent Inc, AGC Inc, Siegfried Holding AG, Boehringer Ingelheim, FUJIFILM Holdings Corp, Samsung BioLogics, Rentschler Biopharma SE, Recipharm |
Other key industry trends
- In terms of revenue, Canada accounted for 2.4% of the global large molecule drug substance cdmo 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. large molecule drug substance cdmo market is projected to lead the regional market in terms of revenue in 2030.
- U.S. is the fastest growing regional market in North America and is projected to reach USD 5,622.4 million by 2030.
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Large Molecule Drug Substance CDMO Market Scope
Large Molecule Drug Substance CDMO Market Companies
| Name | Profile | # Employees | HQ | Website |
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Canada large molecule drug substance cdmo 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 large molecule drug substance cdmo market will help companies and investors design strategic landscapes.
Contract manufacturing was the largest segment with a revenue share of 67.02% in 2023. Horizon Databook has segmented the Canada large molecule drug substance cdmo market based on contract manufacturing, contract development covering the revenue growth of each sub-segment from 2018 to 2030.
Key factor driving the large molecule drug substance development market in Canada is the presence of regulatory bodies like 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, monoclonal antibodies, developed in the country.
Increase in R&D being conducted externally and through partnerships by receive funding and investment from small- & medium-sized enterprises and other venture funds is expected to drive demand for biopharmaceutical manufacturing in the country in the near future.
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Horizon Databook provides a detailed overview of country-level data and insights on the Canada large molecule drug substance cdmo market , including forecasts for subscribers. This country databook contains high-level insights into Canada large molecule drug substance cdmo market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Canada large molecule drug substance cdmo market size, by service, 2018-2030 (US$M)
Canada Large Molecule Drug Substance CDMO Market Outlook Share, 2023 & 2030 (US$M)
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