Market revenue in 2023 | USD 126.5 million |
Market revenue in 2030 | USD 222.0 million |
Growth rate | 8.4% (CAGR from 2023 to 2030) |
Largest segment | Solid tumor |
Fastest growing segment | Solid Tumor |
Historical data | 2018 - 2022 |
Base year | 2023 |
Forecast period | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Blood Cancer, Solid Tumor |
Key market players worldwide | Charles 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 |
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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.
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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