Canada Pharmaceutical Cleaning Validation Market Size & Outlook
Canada pharmaceutical cleaning validation market, 2018-2028 (US$M)
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Canada pharmaceutical cleaning validation market highlights
- The Canada pharmaceutical cleaning validation market generated a revenue of USD 768.6 million in 2021 and is expected to reach USD 1,257.5 million by 2028.
- The Canada market is expected to grow at a CAGR of 7.3% from 2022 to 2028.
- In terms of segment, small molecule drug was the largest revenue generating product in 2021.
- Peptides is the most lucrative product segment registering the fastest growth during the forecast period.
Pharmaceutical cleaning validation market data book summary
| Market revenue in 2021 | USD 768.6 million |
| Market revenue in 2028 | USD 1,257.5 million |
| Growth rate | 7.3% (CAGR from 2021 to 2028) |
| Largest segment | Small molecule drug |
| Fastest growing segment | Peptides |
| Historical data | 2018 - 2020 |
| Base year | 2021 |
| Forecast period | 2022 - 2028 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Small molecule drug, Peptides, Proteins, Cleaning detergent |
| Key market players worldwide | SUEZ Environnement, Danaher Corp, Teledyne Technologies Inc, SGS AG, Merck KGaA, Intertek Group PLC, Shimadzu Corp, Waters Corp, Avomeen Analytical Services, Lucideon, QPharma, ProPharma Group, Kymos Pharma Services |
Other key industry trends
- In terms of revenue, Canada accounted for 4.9% of the global pharmaceutical cleaning validation market in 2021.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2028.
- In North America, U.S. pharmaceutical cleaning validation market is projected to lead the regional market in terms of revenue in 2028.
- Canada is the fastest growing regional market in North America and is projected to reach USD 1,257.5 million by 2028.
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Pharmaceutical Cleaning Validation Market Scope
Pharmaceutical Cleaning Validation Market Companies
| Name | Profile | # Employees | HQ | Website |
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Canada pharmaceutical cleaning validation 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 pharmaceutical cleaning validation market will help companies and investors design strategic landscapes.
Small molecule drug was the largest segment with a revenue share of 47.91% in 2021. Horizon Databook has segmented the Canada pharmaceutical cleaning validation market based on small molecule drug, peptides, proteins, cleaning detergent covering the revenue growth of each sub-segment from 2018 to 2028.
Canada’s healthcare system is majorly publicly funded and is witnessing a surge in demand due to the rising prevalence of diseases & growing disease awareness.
These factors have resulted in increased demand for pharmaceuticals, medical devices, and biotechnology.
According to Statista, the pharmaceutical industry in Canada in 2019 was valued at USD 30 billion.
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Target buyers of Canada pharmaceutical cleaning validation market databook
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Our clientele includes a mix of pharmaceutical cleaning validation 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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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Canada pharmaceutical cleaning validation market , including forecasts for subscribers. This country databook contains high-level insights into Canada pharmaceutical cleaning validation market from 2018 to 2028, including revenue numbers, major trends, and company profiles.
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Canada pharmaceutical cleaning validation market size, by product, 2018-2028 (US$M)
Canada Pharmaceutical Cleaning Validation Market Outlook Share, 2021 & 2028 (US$M)
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