Canada Investigational New Drug Cdmo Market Size & Outlook

The investigational new drug cdmo market in Canada is expected to reach a projected revenue of US$ 429.2 million by 2028. A compound annual growth rate of 7.2% is expected of Canada investigational new drug cdmo market from 2022 to 2028.
Revenue, 2021 (US$M)
$264.4
Forecast, 2028 (US$M)
$429.2
CAGR, 2022 - 2028
7.2%
Report Coverage
Canada

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Canada investigational new drug cdmo market, 2018-2028 (US$M)

Canada investigational new drug cdmo market, 2018-2028 (US$M)

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Canada investigational new drug cdmo market highlights

  • The Canada investigational new drug cdmo market generated a revenue of USD 264.4 million in 2021 and is expected to reach USD 429.2 million by 2028.
  • The Canada market is expected to grow at a CAGR of 7.2% from 2022 to 2028.
  • In terms of segment, small molecule was the largest revenue generating product in 2021.
  • Large Molecule is the most lucrative product segment registering the fastest growth during the forecast period.

Investigational new drug cdmo market data book summary

Market revenue in 2021USD 264.4 million
Market revenue in 2028USD 429.2 million
Growth rate7.2% (CAGR from 2021 to 2028)
Largest segmentSmall molecule
Fastest growing segmentLarge Molecule
Historical data2018 - 2020
Base year2021
Forecast period2022 - 2028
Quantitative unitsRevenue in USD million
Market segmentationSmall Molecule, Large Molecule
Key market players worldwideLabcorp Holdings Inc, Charles River Laboratories International Inc, Cambrex, IQVIA Holdings Inc, Syneos Health, Lonza Group Ltd, Catalent Inc, Recipharm, Siegfried Holding AG, Thermo Fisher Scientific Inc

Other key industry trends

  • In terms of revenue, Canada accounted for 6.2% of the global investigational new drug cdmo 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. investigational new drug cdmo 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 429.2 million by 2028.

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Investigational New Drug CDMO Market Companies

Name Profile # Employees HQ Website
Cambrex View profile 1001-5000 East Rutherford, New Jersey, United States, North America http://www.cambrex.com
Recipharm View profile 1001-5000 Jordbro, Stockholms Lan, Sweden, Europe http://www.recipharm.com
Syneos Health View profile 1001-5000 Morrisville, North Carolina, United States, North America https://www.syneoshealth.com/
IQVIA Holdings Inc View profile 87000 2400 Ellis Road, Durham, NC, United States, 27703 https://www.iqvia.com
Siegfried Holding AG View profile 4180 Untere Bruehlstrasse 4, Zofingen, Switzerland, CH-4800 https://www.siegfried.ch
Catalent Inc View profile 17219 14 Schoolhouse Road, Somerset, NJ, United States, 08873 https://www.catalent.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
Thermo Fisher Scientific Inc View profile 122000 168 Third Avenue, Waltham, MA, United States, 02451 https://www.thermofisher.com
Lonza Group Ltd View profile 18000 Muenchensteinerstrasse 38, Basel, Switzerland, CH-4002 https://www.lonza.com

Canada investigational new drug 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 investigational new drug cdmo market will help companies and investors design strategic landscapes.


Small molecule was the largest segment with a revenue share of 88.8% in 2021. Horizon Databook has segmented the Canada investigational new drug cdmo market based on small molecule, large molecule covering the revenue growth of each sub-segment from 2018 to 2028.


  • Canada Investigational New Drug CDMO Product Outlook (Revenue, USD Million, 2018-2028)
    • Large Molecule
    • Small Molecule
  • Canada Investigational New Drug CDMO Services Outlook (Revenue, USD Million, 2018-2028)
    • Contract Development
      • Small Molecule
        • Bioanalysis and DMPK studies
        • Preclinical formulation selection
        • Analytical method development / validation
        • Work up Purification Steps
        • Telescoping & Process Refining
        • Formal stability of drug substance and drug product
        • Scale-up of drug substance
        • Initial Optimization
        • Pathology and safety pharmacology studies
        • Form selection crystallization process development
        • Toxicology Testing
        • Drug substance synthetic route development
        • Drug substance process development
        • Preformulation
        • First in Man Formulation/ Process Development
        • Release testing of drug substance and drug product
      • Large Molecule
        • Process Development
          • Upstream
            • Microbial
            • Others
            • Mammalian
          • Downstream
            • MABs
            • Others
            • Recombinant proteins
        • Cell Line development
    • Contract Manufacturing
      • Small Molecule
        • Oral Solids
        • Injectables
        • Others
        • Liquid and Semi-solids
      • Large Molecule
        • Recombinant proteins
        • MABs
        • Others
  • Canada Investigational New Drug CDMO End Use Outlook (Revenue, USD Million, 2018-2028)
    • Others
    • Biotech Companies
    • Pharmaceutical Companies
      • Large
      • Small
      • Medium

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Horizon Databook provides a detailed overview of country-level data and insights on the Canada investigational new drug cdmo market , including forecasts for subscribers. This country databook contains high-level insights into Canada investigational new drug cdmo market from 2018 to 2028, including revenue numbers, major trends, and company profiles.

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Canada investigational new drug cdmo market size, by product, 2018-2028 (US$M)

Canada Investigational New Drug CDMO Market Outlook Share, 2021 & 2028 (US$M)

Canada investigational new drug cdmo market size, by product, 2018-2028 (US$M)

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