Canada Pharmaceuticals Market Summary, Competitive Analysis and Forecast to 2027
Summary
Pharmaceuticals in Canada industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value 2017-22, and forecast to 2027). 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 $26.1 billion in 2022, representing a compound annual growth rate (CAGR) of 2.6% between 2017 and 2022.
- 0
- According to in-house research, in 2022, Canada accounted for 5.3% of the Americas pharmaceuticals market. The growth in the pharmaceutical market is mainly due to an increase in pharmaceutical spending by the government. According to the most recent data available from the OECD, pharmaceutical spending in Canada stood at 14.5% of total health spending in 2022.
- 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
- What was the size of the Canada pharmaceuticals market by value in 2022?
- What will be the size of the Canada pharmaceuticals market in 2027?
- 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?
- 1 Executive Summary
- 1.1. Market value
- 1.2. Market value forecast
- 1.3. Geography segmentation
- 1.4. Market rivalry
- 1.5. Competitive landscape
- 2 Market Overview
- 2.1. Market definition
- 2.2. Market analysis
- 3 Market Data
- 3.1. Market value
- 4 Market Segmentation
- 4.1. Geography segmentation
- 5 Market Outlook
- 5.1. Market value forecast
- 6 Five Forces Analysis
- 6.1. Summary
- 6.2. Buyer power
- 6.3. Supplier power
- 6.4. New entrants
- 6.5. Threat of substitutes
- 6.6. Degree of rivalry
- 7 Competitive Landscape
- 7.1. Who are the leading players?
- 7.2. What are the strengths and weaknesses of leading players?
- 7.3. What strategies do leading players follow?
- 8 Company Profiles
- 8.1. Johnson & Johnson
- 8.2. Pfizer Inc.
- 8.3. Apotex, Inc.
- 8.4. Merck & Co., Inc.
- 9 Macroeconomic Indicators
- 9.1. Country data
- 10 Appendix
- 10.1. Methodology
- 10.2. Industry associations
- 10.3. Related MarketLine research
- 10.4. About MarketLine
- List of Tables
- Table 1: Canada pharmaceuticals market value: $ billion, 2017-22
- Table 2: Canada pharmaceuticals market geography segmentation: $ billion, 2022
- Table 3: Canada pharmaceuticals market value forecast: $ billion, 2022-27
- Table 4: Johnson & Johnson: key facts
- Table 5: Johnson & Johnson: Annual Financial Ratios
- Table 6: Johnson & Johnson: Key Employees
- Table 7: Johnson & Johnson: Key Employees Continued
- Table 8: Pfizer Inc.: key facts
- Table 9: Pfizer Inc.: Annual Financial Ratios
- Table 10: Pfizer Inc.: Key Employees
- Table 11: Pfizer Inc.: Key Employees Continued
- Table 12: Apotex, Inc.: key facts
- Table 13: Apotex, Inc.: Key Employees
- Table 14: Merck & Co., Inc.: key facts
- Table 15: Merck & Co., Inc.: Annual Financial Ratios
- Table 16: Merck & Co., Inc.: Key Employees
- Table 17: Merck & Co., Inc.: Key Employees Continued
- Table 18: Canada size of population (million), 2018-22
- Table 19: Canada gdp (constant 2005 prices, $ billion), 2018-22
- Table 20: Canada gdp (current prices, $ billion), 2018-22
- Table 21: Canada inflation, 2018-22
- Table 22: Canada consumer price index (absolute), 2018-22
- Table 23: Canada exchange rate, 2018-22
- List of Figures
- Figure 1: Canada pharmaceuticals market value: $ billion, 2017-22
- Figure 2: Canada pharmaceuticals market geography segmentation: % share, by value, 2022
- Figure 3: Canada pharmaceuticals market value forecast: $ billion, 2022-27
- Figure 4: Forces driving competition in the pharmaceuticals market in Canada, 2022
- Figure 5: Drivers of buyer power in the pharmaceuticals market in Canada, 2022
- Figure 6: Drivers of supplier power in the pharmaceuticals market in Canada, 2022
- Figure 7: Factors influencing the likelihood of new entrants in the pharmaceuticals market in Canada, 2022
- Figure 8: Factors influencing the threat of substitutes in the pharmaceuticals market in Canada, 2022
- Figure 9: Drivers of degree of rivalry in the pharmaceuticals market in Canada, 2022
Research Assistance
Download our eBook: How to Succeed Using Market Research
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook