Canada Preclinical Cro Market Size & Outlook, 2025-2033
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Canada preclinical cro market highlights
- The Canada preclinical cro market generated a revenue of USD 159.4 million in 2024 and is expected to reach USD 239.0 million by 2033.
- The Canada market is expected to grow at a CAGR of 4.6% from 2025 to 2033.
- In terms of segment, toxicology testing was the largest revenue generating service in 2024.
- Bioanalysis and DMPK studies is the most lucrative service segment registering the fastest growth during the forecast period.
Preclinical cro market data book summary
| Market revenue in 2024 | USD 159.4 million |
| Market revenue in 2033 | USD 239.0 million |
| Growth rate | 4.6% (CAGR from 2025 to 2033) |
| Largest segment | Toxicology testing |
| Fastest growing segment | Bioanalysis and DMPK studies |
| Historical data | 2021 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2033 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Bioanalysis and DMPK studies, Toxicology Testing, Compound Management, Chemistry, Safety Pharmacology, Others Service |
| Key market players worldwide | Eurofins Scientific SE, Icon PLC, Wuxi AppTec Co Ltd, Medpace Holdings Inc, Charles River Laboratories International Inc, Thermo Fisher Scientific Inc, Intertek Group PLC, Labcorp Holdings Inc, Crown Bioscience, SGA |
Other key industry trends
- In terms of revenue, Canada accounted for 2.6% of the global preclinical cro market in 2024.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2033.
- In North America, U.S. preclinical cro market is projected to lead the regional market in terms of revenue in 2033.
- U.S. is the fastest growing regional market in North America and is projected to reach USD 5,338.0 million by 2033.
Toxicology testing was the largest segment with a revenue share of 23.59% in 2024. Horizon Databook has segmented the Canada preclinical cro market based on bioanalysis and dmpk studies, toxicology testing, compound management, chemistry, safety pharmacology, others service covering the revenue growth of each sub-segment from 2021 to 2033.
The Government of Canada states that the country has one of the largest numbers of biotechnology companies globally. In addition, Health Canada, the regulatory body of Canada responsible for public health, supports and encourages investment in terms of clinical development & manufacturing of biopharmaceutical products. The country is considered a favorable location for preclinical trial outsourcing owing to high potential for R&D activities.
According to Statistics Canada, in 2022, the R&D of the pharmaceutical sector contributed USD 15.9 billion to the economy, which was an increase of 5.8% from USD 15.0 billion in 2019. Such R&D efforts undertaken by pharmaceutical companies in Canada are expected to boost the market in this region.
In addition, the country’s proximity to the U.S. is expected to provide a logistical advantage to local CROs, further contributing to the growth of the preclinical trial outsourcing market in Canada.
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Preclinical CRO Market Scope
Preclinical CRO Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| SGA | View profile | 11-50 | Las Condes, Region Metropolitana, Chile, South America | https://sgasa.cl |
| Crown Bioscience | View profile | 251-500 | Santa Clara, California, United States, North America | http://www.crownbio.com |
| Intertek Group PLC | View profile | 44000 | 33 Cavendish Square, London, United Kingdom, W1G 0PS | https://www.intertek.com |
| Medpace Holdings Inc | View profile | 5800 | 5375 Medpace Way, Cincinnati, OH, United States, 45227 | https://www.medpace.com |
| Wuxi AppTec Co Ltd | View profile | 41116 | 288 Fute Zhong Road, Waigaoqiao Free Trade Zone, Shanghai, China, People's Republic of, 200131 | https://www.wuxiapptec.com |
| Icon PLC | View profile | 41150 | South County Business Park, Leopardstown, Dublin, Ireland, D18 X5R3 | https://www.iconplc.com |
| Labcorp Holdings Inc | View profile | 67000 | 358 South Main Street, Burlington, NC, United States, 27215 | https://www.labcorp.com |
| Charles River Laboratories International Inc | View profile | 21400 | 251 Ballardvale Street, Wilmington, MA, United States, 01887 | https://www.criver.com |
| Eurofins Scientific SE | View profile | 61798 | 23 Val Fleuri, Luxembourg, Luxembourg, L-1526 | https://www.eurofins.com |
| Thermo Fisher Scientific Inc | View profile | 122000 | 168 Third Avenue, Waltham, MA, United States, 02451 | https://www.thermofisher.com |
Canada Service - Preclinical Cro Market size, 2024 - 2033 (US$M)
Canada Preclinical CRO Market Outlook Share, 2024 & 2033 (US$M)
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