Canada Small Molecule Innovator Cdmo Market Size & Outlook
Canada small molecule innovator cdmo market, 2018-2030 (US$M)
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Canada small molecule innovator cdmo market highlights
- The Canada small molecule innovator cdmo market generated a revenue of USD 760.9 million in 2023 and is expected to reach USD 1,033.2 million by 2030.
- The Canada market is expected to grow at a CAGR of 4.5% from 2024 to 2030.
- In terms of segment, small molecule api was the largest revenue generating product in 2023.
- Small Molecule API is the most lucrative product segment registering the fastest growth during the forecast period.
Small molecule innovator cdmo market data book summary
| Market revenue in 2023 | USD 760.9 million |
| Market revenue in 2030 | USD 1,033.2 million |
| Growth rate | 4.5% (CAGR from 2023 to 2030) |
| Largest segment | Small molecule api |
| Fastest growing segment | Small Molecule API |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Small Molecule API, Small Molecule Drug Product |
| Key market players worldwide | Wuxi AppTec Co Ltd, EQT Corp, Thermo Fisher Scientific Inc, Lonza Group Ltd, Catalent Inc, Siegfried Holding AG, Boehringer Ingelheim, Labcorp Holdings Inc, Piramal Pharma Solutions, CordenPharma, Cambrex |
Other key industry trends
- In terms of revenue, Canada accounted for 1.6% of the global small molecule innovator cdmo 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. small molecule innovator cdmo 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 18,194.5 million by 2030.
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Small Molecule Innovator CDMO Market Scope
Small Molecule Innovator CDMO Market Companies
| Name | Profile | # Employees | HQ | Website |
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Canada small molecule innovator cdmo 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 small molecule innovator cdmo market will help companies and investors design strategic landscapes.
Small molecule api was the largest segment with a revenue share of 61.64% in 2023. Horizon Databook has segmented the Canada small molecule innovator cdmo market based on small molecule api, small molecule drug product covering the revenue growth of each sub-segment from 2018 to 2030.
Drug development in North America is increasingly being outsourced by Canadian pharmaceutical companies. The country's market is also anticipated to be driven by the expanding trend of outsourcing drug R&D and manufacturing to CDMOs to expedite product development and boost manufacturing efficiency.
The Canadian government estimates that CDMOs manage 60% of innovative small molecule research at big pharmaceutical companies. One of the main responsibilities of the CDMO is to assist new biotechnology and pharmaceutical companies with regulatory compliance.
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Horizon Databook provides a detailed overview of country-level data and insights on the Canada small molecule innovator cdmo market , including forecasts for subscribers. This country databook contains high-level insights into Canada small molecule innovator cdmo market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Canada small molecule innovator cdmo market size, by product, 2018-2030 (US$M)
Canada Small Molecule Innovator CDMO Market Outlook Share, 2023 & 2030 (US$M)
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