Canada Nanomedicine Market Size & Outlook, 2023-2030
Canada nanomedicine market, 2018-2030 (US$M)
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Canada nanomedicine market highlights
- The Canada nanomedicine market generated a revenue of USD 5,190.7 million in 2023 and is expected to reach USD 12,836.3 million by 2030.
- The Canada market is expected to grow at a CAGR of 13.8% from 2024 to 2030.
- In terms of segment, drug delivery was the largest revenue generating application in 2023.
- Therapeutics is the most lucrative application segment registering the fastest growth during the forecast period.
Nanomedicine market data book summary
| Market revenue in 2023 | USD 5,190.7 million |
| Market revenue in 2030 | USD 12,836.3 million |
| Growth rate | 13.8% (CAGR from 2023 to 2030) |
| Largest segment | Drug delivery |
| Fastest growing segment | Therapeutics |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Drug Delivery, Therapeutics, In-vitro Diagnostics, Implants, In-vivo Imaging |
| Key market players worldwide | Abbott Laboratories, Invitae Corp, Celgene, GE HealthCare Technologies Inc Common Stock, Johnson & Johnson, Mallinckrodt PLC Ordinary Shares - New, Merck & Co Inc, Pfizer Inc, Teva Pharmaceutical Industries Ltd, Arrowhead Pharmaceuticals Inc |
Other key industry trends
- In terms of revenue, Canada accounted for 2.7% of the global nanomedicine 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. nanomedicine 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 12,836.3 million by 2030.
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Nanomedicine Market Scope
Nanomedicine Market Companies
| Name | Profile | # Employees | HQ | Website |
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Canada nanomedicine 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 nanomedicine market will help companies and investors design strategic landscapes.
Drug delivery was the largest segment with a revenue share of 33.95% in 2023. Horizon Databook has segmented the Canada nanomedicine market based on drug delivery, therapeutics, in-vitro diagnostics, implants, in-vivo imaging covering the revenue growth of each sub-segment from 2018 to 2030.
Canada is expected to register growth rate of 9.24% over the forecast period. This can be attributed to the ongoing studies in the country for implementation of nanoscience in treatment of diseases. Increase in nanomedicine R&D in the country owing to rising funds and investments from small & medium-sized enterprises and other venture funds is the high impact-rendering driver for the market in this country.
In 2003, Canadian Institutes of Health Research along with their partners initiated “Regenerative Medicine and Nanomedicine Program,” which is observed to have significant impact on the growth of nanomedicine in this country. This program is involved in providing funds to facilitate nanomedicine-based research projects.
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Horizon Databook provides a detailed overview of country-level data and insights on the Canada nanomedicine market , including forecasts for subscribers. This country databook contains high-level insights into Canada nanomedicine market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Canada nanomedicine market size, by application, 2018-2030 (US$M)
Canada Nanomedicine Market Outlook Share, 2023 & 2030 (US$M)
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