Biosimilars: US vs Canada

Market size, growth to 2033 and clinical trials, side by side.

The US is the bigger Biosimilars market: $15.5 Bn against $3 Bn in 2023, about 5.3 times as large.

Canada grows faster: 24.9% a year, against 22.9%. The gap still grows from $12.5 Bn to $94.6 Bn by 2033.

Biosimilars: US compared with Canada
Measure US Canada
Market size, 2023$15.5 Bn$3 Bn
Market size, 2033 projected$121.8 Bn$27.3 Bn
Growth a year (CAGR)22.9%24.9%
Money added, 2023–2033$106.3 Bn$24.3 Bn
Share of the world market42%8%
Size rank of 24 countries#1#3
Market per person, 2023$45$71
Full reportUS report Canada report

Year by year, 2023 to 2033

US Canada · values between 2023 and 2033 are projected from the 2023 size and the CAGR.

Quick answers

Which is bigger in Biosimilars, US or Canada?

The US is the bigger Biosimilars market: $15.5 Bn against $3 Bn in 2023, about 5.3 times as large.

Which grows faster in Biosimilars, US or Canada?

Canada grows faster: 24.9% a year, against 22.9%. The gap still grows from $12.5 Bn to $94.6 Bn by 2033.

More Biosimilars comparisons

Sources: market size and growth: Acuitas Health Analytics research (2023 base year, forecasts to 2033). Trials: ClinicalTrials.gov; found by search words, so counts are a guide. Population: World Bank.