Canada Semaglutide Market Size & Outlook, 2024-2035

The semaglutide market in Canada is expected to reach a projected revenue of US$ 4,034.8 million by 2035. A compound annual growth rate of 12% is expected of Canada semaglutide market from 2025 to 2035.
Revenue, 2024 (US$M)
$1,179.2
Forecast, 2035 (US$M)
$4,034.8
CAGR, 2025 - 2035
12%
Report Coverage
Canada

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Canada semaglutide market, 2018-2035 (US$M)

Canada semaglutide market, 2018-2035 (US$M)

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Canada semaglutide market highlights

  • The Canada semaglutide market generated a revenue of USD 1,179.2 million in 2024 and is expected to reach USD 4,034.8 million by 2035.
  • The Canada market is expected to grow at a CAGR of 12% from 2025 to 2035.
  • In terms of segment, ozempic (semaglutide) was the largest revenue generating product in 2024.
  • Rybelsus (oral semaglutide) is the most lucrative product segment registering the fastest growth during the forecast period.


Semaglutide market data book summary

Market revenue in 2024USD 1,179.2 million
Market revenue in 2035USD 4,034.8 million
Growth rate12% (CAGR from 2025 to 2035)
Largest segmentOzempic (semaglutide)
Fastest growing segmentRybelsus (oral semaglutide)
Historical data2018 - 2023
Base year2024
Forecast period2025 - 2035
Quantitative unitsRevenue in USD million
Market segmentationOzempic (semaglutide), Wegovy (semaglutide), Rybelsus (oral semaglutide)


Other key industry trends

  • In terms of revenue, Canada accounted for 4.1% of the global semaglutide market in 2024.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2035.
  • In North America, U.S. semaglutide market is projected to lead the regional market in terms of revenue in 2035.
  • Mexico is the fastest growing regional market in North America and is projected to reach USD 629.4 million by 2035.

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Semaglutide Market Companies

Name Profile # Employees HQ Website
Lexicon Pharmaceuticals View profile 101-250 The Woodlands, Texas, United States, North America http://www.lexpharma.com
Viking Therapeutics Inc View profile 28 9920 Pacific Heights Boulevard, Suite 350, San Diego, CA, United States, 92121 https://www.vikingtherapeutics.com
Biocon View profile 10001+ Bangalore, Karnataka, India, Asia http://www.biocon.com
AstraZeneca PLC View profile 89900 1 Francis Crick Avenue, Cambridge Biomedical Campus, Cambridge, United Kingdom, CB2 0AA https://www.astrazeneca.com
Novo Nordisk A/S ADR View profile 66015 Novo Alle 1, Bagsvaerd, Denmark, 2880 https://www.novonordisk.com
Eli Lilly and Co View profile 43000 Lilly Corporate Center, Indianapolis, IN, United States, 46285 https://www.lilly.com

Canada semaglutide 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 semaglutide market will help companies and investors design strategic landscapes.


Ozempic (semaglutide) was the largest segment with a revenue share of 93.11% in 2024. Horizon Databook has segmented the Canada semaglutide market based on ozempic (semaglutide), wegovy (semaglutide), rybelsus (oral semaglutide) covering the revenue growth of each sub-segment from 2018 to 2035.


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  • Our clientele includes a mix of semaglutide market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Canada semaglutide market , including forecasts for subscribers. This country databook contains high-level insights into Canada semaglutide market from 2018 to 2035, including revenue numbers, major trends, and company profiles.

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Canada Product - Semaglutide Market size, 2024 - 2035 (US$M)

Canada Semaglutide Market Outlook Share, 2024 & 2035 (US$M)

Canada Product - Semaglutide Market size, 2024 - 2035 (US$M)

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