Canada Healthcare Contract Development And Manufacturing Organization Market Size & Outlook
The healthcare contract development and manufacturing organization market in Canada is expected to reach a projected revenue of US$ 11,491.0 million by 2033. A compound annual growth rate of 8.9% is expected of Canada healthcare contract development and manufacturing organization market from 2025 to 2033.
HC Outsourcing
CMO/CDMO
Healthcare Contract Development And Manufacturing Organization Market Outlook
Canada healthcare contract development and manufacturing organization market highlights
The Canada healthcare contract development and manufacturing organization market generated a revenue of USD 5,435.7 million in 2024 and is expected to reach USD 11,491.0 million by 2033.
The Canada market is expected to grow at a CAGR of 8.9% from 2025 to 2033.
In terms of segment, medical device was the largest revenue generating type in 2024.
Medical Device is the most lucrative type segment registering the fastest growth during the forecast period.
Healthcare contract development and manufacturing organization market data book summary
Market revenue in 2024
USD 5,435.7 million
Market revenue in 2033
USD 11,491.0 million
Growth rate
8.9% (CAGR from 2025 to 2033)
Largest segment
Medical device
Fastest growing segment
Medical Device
Historical data
2021 - 2023
Base year
2024
Forecast period
2025 - 2033
Quantitative units
Revenue in USD million
Market segmentation
Small Molecule, Large Molecule, Medical Device
Key market players worldwide
Catalent Inc, Lonza Group Ltd, Recipharm, Siegfried Holding AG, Thermo Fisher Scientific Inc, Labcorp Drug Development, Jabil Inc, Syngene, IQVIA Holdings Inc, Almac Group, Ajinomoto Co Inc, Alcami, Vetter Pharma-Fertigung
Other key industry trends
In terms of revenue, Canada accounted for 2.0% of the global healthcare contract development and manufacturing organization 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. healthcare contract development and manufacturing organization market is projected to lead the regional market in terms of revenue in 2033.
Mexico is the fastest growing regional market in North America and is projected to reach USD 16,516.2 million by 2033.
Increasing investments in CDMOs in the country are anticipated to propel the market. For instance, in January 2020, Piramal Pharma Solutions, an Indian pharmaceutical firm, invested nearly USD 17 million (CAD 25 million) in its Aurora-based facility to establish a new API manufacturing unit.
Supportive government initiatives are anticipated to further facilitate market growth in the country. In March 2019, the Canadian government offered around USD 28 million to Bio Vectra, a Canadian CDMO, to facilitate the expansion of its biopharmaceutical manufacturing capabilities.
Canada Healthcare Contract Development And Manufacturing Organization 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 Healthcare Contract Development And Manufacturing Organization Market Outlook will help companies and investors design strategic landscapes.
Medical Device was the largest segment with a revenue share of 47.9% in 2024.
Horizon Databook has segmented the Canada healthcare contract development and manufacturing organization market based on small molecule, large molecule, medical device covering the revenue growth of each sub-segment from 2021 to 2033.
Increasing investments in CDMOs in the country are anticipated to propel the market. For instance, in January 2020, Piramal Pharma Solutions, an Indian pharmaceutical firm, invested nearly USD 17 million (CAD 25 million) in its Aurora-based facility to establish a new API manufacturing unit.
Supportive government initiatives are anticipated to further facilitate market growth in the country. In March 2019, the Canadian government offered around USD 28 million to Bio Vectra, a Canadian CDMO, to facilitate the expansion of its biopharmaceutical manufacturing capabilities.
Canada Healthcare Contract Development And Manufacturing Organization Market Type Outlook (Revenue, USD MIllion , 2021-2033)
Small Molecule
Large Molecule
Medical Device
Canada Healthcare Contract Development And Manufacturing Organization Market Product Outlook (Revenue, USD MIllion , 2021-2033)
Pharmaceutical
Medical Devices
Canada Healthcare Contract Development And Manufacturing Organization Market Services Outlook (Revenue, USD MIllion , 2021-2033)
Contract Development
Contract Manufacturing
Packaging and labelling
Regulatory Affairs
Others
Canada Healthcare Contract Development And Manufacturing Organization Market Workflow Outlook (Revenue, USD MIllion , 2021-2033)
Clinical
Commercial
Canada Healthcare Contract Development And Manufacturing Organization Market Therapeutic Area Outlook (Revenue, USD MIllion , 2021-2033)
Oncology
Infectious Diseases
Neurological Disorders
Cardiovascular Disease
Metabolic Disorders
Autoimmune Diseases
Respiratory Diseases
Ophthalmology
Gastrointestinal Disorders
Orthopedic Diseases
Dental Diseases
Others
Canada Healthcare Contract Development And Manufacturing Organization Market End Use Outlook (Revenue, USD MIllion , 2021-2033)
Pharmaceutical & Biotechnology Companies
Medical Device Companies
Others
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Horizon Databook provides a detailed overview of country-level data and insights on the Canada Healthcare Contract Development And Manufacturing Organization Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into Canada Healthcare Contract Development And Manufacturing Organization Market Outlook from 2021 to 2033, including revenue numbers, major trends, and company profiles.
Canada Healthcare Contract Development And Manufacturing Organization Market, 2021-2033 (US$M)