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Generics in Canada

Publisher MarketLine
Published Dec 12, 2024
Length 36 Pages
SKU # MTLN19647665

Description

Generics in Canada

Summary

Generics in Canada industry profile provides top-line qualitative and quantitative summary information including: market size (value 2018-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights
  • A generic drug is defined as a copy of an ethical (prescription) drug formerly protected by patents that have now expired. Both unbranded generics and branded generics are included in our market scope. However, off-patent drugs that continue to be offered by the original manufacturer under the original name, and which form part of the 'generic-eligible' market, are not included. Market value is evaluated at ex-factory prices. Market volume refers to the proportion of the total ethical pharmaceutical market in a country or region that is made up of generic drugs. Thus, it is a measure of the market share held by generics, rather than a direct measure of the total market volume. Regional volumes are calculated as averages of countries that comprise the region where volume data exists.
  • The Canadian generics market recorded revenues of $7.7 billion in 2023, representing a compound annual growth rate (CAGR) of 5.9% between 2018 and 2023.
  • Market consumption volume increased with a CAGR of 1.3% between 2018 and 2023, to reach a total of 76.6% of total pharma volume in 2023.
  • The growth in Canada’s generics market is driven by the rise in the expiration of branded drugs, opening opportunities for generic drug manufacturers to introduce cheaper alternatives.
Scope
  • Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the generics market in Canada
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the generics market in Canada
  • Leading company profiles reveal details of key generics market players’ global operations and financial performance
  • Add weight to presentations and pitches by understanding the future growth prospects of the Canada generics market with five year forecasts
Reasons to Buy
  • What was the size of the Canada generics market by value in 2023?
  • What will be the size of the Canada generics market in 2028?
  • What factors are affecting the strength of competition in the Canada generics market?
  • How has the market performed over the last five years?
  • What are the main segments that make up Canada's generics market?

Table of Contents

36 Pages
1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Market volume
1.4. Market volume forecast
1.5. Geography segmentation
1.6. Market rivalry
1.7. Competitive landscape
2 Market Overview
2.1. Market definition
2.2. Market analysis
3 Market Data
3.1. Market value
3.2. Market volume
4 Market Segmentation
4.1. Geography segmentation
5 Market Outlook
5.1. Market value forecast
5.2. Market volume 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 strategies of the leading players?
7.3. What are the most recent generic drugs launched in the market?
8 Company Profiles
8.1. Teva Canada Ltd
8.2. Apotex Inc
8.3. Sandoz Canada Inc
8.4. Viatris 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 generics market value: $ million, 2018-23
Table 2: Canada generics market volume: % of total pharma volume, 2018-23
Table 3: Canada generics market geography segmentation: $ million, 2023
Table 4: Canada generics market value forecast: $ million, 2023-28
Table 5: Canada generics market volume forecast: % of total pharma volume, 2023-28
Table 6: Teva Canada Ltd: Key Facts
Table 7: Teva Canada Ltd: Key Employees
Table 8: Apotex Inc: Key Facts
Table 9: Apotex Inc: Key Employees
Table 10: Sandoz Canada Inc: Key Facts
Table 11: Sandoz Canada Inc: Key Employees
Table 12: Viatris Inc: Key Facts
Table 13: Viatris Inc: Annual Financial Ratios
Table 14: Viatris Inc: Key Employees
Table 15: Canada Size of Population (million), 2019-23
Table 16: Canada Real GDP (Constant 2010 Prices, $ Billion), 2019-23
Table 17: Canada GDP (Current Prices, $ Billion), 2019-23
Table 18: Canada Inflation, 2019-23
Table 19: Canada Consumer Price Index (Absolute), 2019-23
Table 20: Canada Exchange Rate, 2018-23
List of Figures
Figure 1: Canada generics market value: $ million, 2018-23
Figure 2: Canada generics market volume: % of total pharma volume, 2018-23
Figure 3: Canada generics market geography segmentation: % share, by value, 2023
Figure 4: Canada generics market value forecast: $ million, 2023-28
Figure 5: Canada generics market volume forecast: % of total pharma volume, 2023-28
Figure 6: Forces driving competition in the generics market in Canada, 2023
Figure 7: Drivers of buyer power in the generics market in Canada, 2023
Figure 8: Drivers of supplier power in the generics market in Canada, 2023
Figure 9: Factors influencing the likelihood of new entrants in the generics market in Canada, 2023
Figure 10: Factors influencing the threat of substitutes in the generics market in Canada, 2023
Figure 11: Drivers of degree of rivalry in the generics market in Canada, 2023

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