Canada Oncology Based In-vivo Cro Market Size & Outlook

The oncology based in-vivo cro market in Canada is expected to reach a projected revenue of US$ 222.0 million by 2030. A compound annual growth rate of 8.4% is expected of Canada oncology based in-vivo cro market from 2024 to 2030.
Revenue, 2023 (US$M)
$126.5
Forecast, 2030 (US$M)
$222.0
CAGR, 2024 - 2030
8.4%
Report Coverage
Canada

Canada oncology based in-vivo cro market highlights

  • The Canada oncology based in-vivo cro market generated a revenue of USD 126.5 million in 2023 and is expected to reach USD 222.0 million by 2030.
  • The Canada market is expected to grow at a CAGR of 8.4% from 2024 to 2030.
  • In terms of segment, solid tumor was the largest revenue generating indication in 2023.
  • Solid Tumor is the most lucrative indication segment registering the fastest growth during the forecast period.


Oncology based in-vivo cro market data book summary

Market revenue in 2023USD 126.5 million
Market revenue in 2030USD 222.0 million
Growth rate8.4% (CAGR from 2023 to 2030)
Largest segmentSolid tumor
Fastest growing segmentSolid Tumor
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationBlood Cancer, Solid Tumor
Key market players worldwideCharles River Laboratories International Inc, Icon PLC, Thermo Fisher Scientific Inc, Eurofins Scientific SE, Labcorp Holdings Inc, Wuxi AppTec Co Ltd, Evotec SE, Taconic Biosciences, The Jackson Laboratory


Other key industry trends

  • In terms of revenue, Canada accounted for 9.5% of the global oncology based in-vivo cro 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. oncology based in-vivo cro 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 894.4 million by 2030.

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Oncology Based In-vivo CRO Market Scope

Oncology based in-vivo cro market segmentation & scope
Countries
Mexico
UK
France
Italy
Spain
Denmark
Sweden
Norway
India
South Korea
Australia
Thailand
UAE
Kuwait

Oncology Based In-vivo CRO Market Companies

Name Profile # Employees HQ Website

Canada oncology based in-vivo cro 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 oncology based in-vivo cro market will help companies and investors design strategic landscapes.


Solid tumor was the largest segment with a revenue share of 47.19% in 2023. Horizon Databook has segmented the Canada oncology based in-vivo cro market based on blood cancer, solid tumor covering the revenue growth of each sub-segment from 2018 to 2030.


The oncology in-vivo CRO market in Canada is driven by the huge investment made by the government and various contracts received by global players. For instance, in 2015, the Canadian Federal Budget made an investment of USD 1.33 billion for the Canada Foundation for Innovation (CFI). 

If a company has to outsource to other organizations, it should abide by the Personal Information Protection and Electronic Documents Act (PIPEDA). The private-sector privacy law does not allow a company to outsource data processing. Moreover, in July 2015, the University of Toronto received USD 1.5 billion under the Medicine by design initiative. 

The initiative strengthens Canada’s position as a leader in regenerative medicines. Canadian CROs are expanding their presence in developing countries such as South and Central America to leverage from the market. In October 2013, JSS Medical Research acquired LatAm clinical trial.

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Target buyers of Canada oncology based in-vivo cro market databook

  • Our clientele includes a mix of oncology based in-vivo cro market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Horizon Databook provides a detailed overview of country-level data and insights on the Canada oncology based in-vivo cro market , including forecasts for subscribers. This country databook contains high-level insights into Canada oncology based in-vivo cro market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Canada oncology based in-vivo cro market size, by indication, 2018-2030 (US$M)

Canada Oncology Based In-vivo CRO Market Outlook Share, 2023 & 2030 (US$M)

Canada oncology based in-vivo cro market size, by indication, 2018-2030 (US$M)

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