Canada Neurology Clinical Trials Market Size & Outlook
Canada neurology clinical trials market, 2018-2030 (US$M)
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Canada neurology clinical trials market highlights
- The Canada neurology clinical trials market generated a revenue of USD 132.7 million in 2023 and is expected to reach USD 171.5 million by 2030.
- The Canada market is expected to grow at a CAGR of 3.7% from 2024 to 2030.
- In terms of segment, phase ii was the largest revenue generating phase in 2023.
- Phase I is the most lucrative phase segment registering the fastest growth during the forecast period.
Neurology clinical trials market data book summary
| Market revenue in 2023 | USD 132.7 million |
| Market revenue in 2030 | USD 171.5 million |
| Growth rate | 3.7% (CAGR from 2023 to 2030) |
| Largest segment | Phase ii |
| Fastest growing segment | Phase I |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Phase I, Phase II, Phase III, Phase IV |
| Key market players worldwide | Novartis AG ADR, Labcorp Holdings Inc, Medpace Holdings Inc, Charles River Laboratories International Inc, Icon PLC, GlaxoSmithKline Consumer Healthcare (GSK CH India), Aurora Innovation Inc Class A, Biogen Inc, IQVIA Holdings Inc, inVentiv Health |
Other key industry trends
- In terms of revenue, Canada accounted for 2.4% of the global neurology clinical trials 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. neurology clinical trials 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 3,589.2 million by 2030.
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Neurology Clinical Trials Market Scope
Neurology Clinical Trials Market Companies
| Name | Profile | # Employees | HQ | Website |
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Canada neurology clinical trials 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 neurology clinical trials market will help companies and investors design strategic landscapes.
Phase ii was the largest segment with a revenue share of 38.06% in 2023. Horizon Databook has segmented the Canada neurology clinical trials market based on phase i, phase ii, phase iii, phase iv covering the revenue growth of each sub-segment from 2018 to 2030.
According to Life Sciences in British Columbia: Sector Profile, published in June 2020, Canada is among the top three locations to conduct clinical trials globally. It states that multinational pharmaceutical companies conduct a large portion of their clinical trials in Canada, as the country has a world-class clinical trials environment.
Moreover, in June 2022, the Canadian Minister of Health stated that it is going to launch a clinical research initiative in the country to increase clinical trial capacity. These factors are likely to contribute to market growth in Canada over the forecast period.
The researchers in the country are actively developing promising treatments for various neurological disorders. For instance, in October 2020, University Health Network in Toronto stated that it is developing the world’s first treatment for Parkinson’s disease Such initiatives are likely to promote the market growth in Canada.
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Target buyers of Canada neurology clinical trials market databook
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Our clientele includes a mix of neurology clinical trials 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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Horizon Databook provides a detailed overview of country-level data and insights on the Canada neurology clinical trials market , including forecasts for subscribers. This country databook contains high-level insights into Canada neurology clinical trials market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Canada neurology clinical trials market size, by phase, 2018-2030 (US$M)
Canada Neurology Clinical Trials Market Outlook Share, 2023 & 2030 (US$M)
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