Pharmaceuticals in Canada - Market Summary, Competitive Analysis and Forecast, 2016-2025

July 2021 •
48 pages •
Report ID: 6243266 •
Format: PDF

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Pharmaceuticals in Canada - Market Summary, Competitive Analysis and Forecast, 2016-2025

Summary
Pharmaceuticals in Canada industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2016-20, and forecast to 2025). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights
- The pharmaceuticals market consists of ethical drugs only and does not include consumer healthcare or animal healthcare.
- The Canadian pharmaceuticals market had total revenues of $20.2bn in 2020, representing a compound annual growth rate (CAGR) of 1.3% between 2016 and 2020.
- The launch of the Biosimilars Initiative in many provinces in Canada is likely to significant impact market growth as physicians are obliged to prescribe this cheaper alternative where possible.
- The Canadian government plans to regulate the cost of prescription drugs to generate savings of $10bn over the next ten years for Canadian citizens. If successful, this could contribute to a slowdown in growth anticipated in the market over the forecast period.

Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the pharmaceuticals market in Canada
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the pharmaceuticals market in Canada
- Leading company profiles reveal details of key pharmaceuticals market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Canada pharmaceuticals market with five year forecasts by both value and volume

Reasons to Buy
- What was the size of the Canada pharmaceuticals market by value in 2020?
- What will be the size of the Canada pharmaceuticals market in 2025?
- What factors are affecting the strength of competition in the Canada pharmaceuticals market?
- How has the market performed over the last five years?
- Who are the top competitors in Canada’s pharmaceuticals market?

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