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.
| Measure | ||
|---|---|---|
| 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 market | 42% | 8% |
| Size rank of 24 countries | #1 | #3 |
| Market per person, 2023 | $45 | $71 |
| Full report | US report | Canada report |
US Canada · values between 2023 and 2033 are projected from the 2023 size and the CAGR.
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.
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.