Medical Devices Canada

Canada Pharmacogenomic Testing Market Analysis, 2024–2034

Canada Pharmacogenomic Testing Market Industry Trends and Forecast to 2034: Segmented by (Test, Application, End User, Region) - Growth, Market Size, Future Prospects & Competitive Analysis, 2024-2034

Overview

Market Dashboard

Canada · 2024–2034 · estimates

Values shown here are estimates. Researched 2024 historical, 2025 base-year and 2026–2034 forecast values are prepared with the full report.

Estimate 2024 $216.2 Mn Estimated value
Estimate 2025 $238.1 Mn 7.6% of the global market
Projected 2034 $566.0 Mn 137.7% Adds $327.9 Mn over 9 forecast years
CAGR 2025–2034 10.1% Faster than 61% of 173 Medical Devices markets here
Key players 5
  • Canada is 7.57% of the global market.
  • In North America, the largest is US at $1.27 Bn.
  • Fastest growing: Canada (this report) at 10.1% a year.
  • Canada ranks 2nd of 2 by size in North America.

Market size projection

Canada

Source: Acuitas Health Analytics. Full methods, sources and usage terms come with report purchase.

Value added each year

$327.9 Mn total, 2026–2034

Year-by-year market size, 2024–2034
Pharmacogenomic Testing Market market size by year, Canada
YearMarket sizeChange that yearSince 2025
2024 (estimate) $216.2 Mn — —
2025 (base) $238.1 Mn +$21.8 Mn —
2026 (forecast) $262.1 Mn +$24.0 Mn +10.1%
2027 (forecast) $288.6 Mn +$26.5 Mn +21.2%
2028 (forecast) $317.7 Mn +$29.1 Mn +33.5%
2029 (forecast) $349.8 Mn +$32.1 Mn +46.9%
2030 (forecast) $385.2 Mn +$35.3 Mn +61.8%
2031 (forecast) $424.1 Mn +$38.9 Mn +78.1%
2032 (forecast) $466.9 Mn +$42.8 Mn +96.1%
2033 (forecast) $514.1 Mn +$47.2 Mn +115.9%
2034 (forecast) $566.0 Mn +$51.9 Mn +137.7%

Estimates. Each year is projected from our earlier market estimate and its CAGR. Researched values come with the full report.

The Canada Pharmacogenomic Testing Market Analysis Executive Summary

Pharmacogenomic testing checks a person's genes to predict how they will respond to medicines, helping choose the right drug and dose.

Key segments of the pharmacogenomic Testing market include test (Multi-Gene Panels and Single-Gene Tests) and application (Psychiatry, Cardiology and Oncology).

Canada Pharmacogenomic Testing Market Dynamics

Market Growth Drivers

The falling cost of DNA sequencing, more targeted medicines, large national genome programmes and growing use of genetic results in everyday care are driving the pharmacogenomic Testing market.

Opportunity

Routine use of genomics in screening, pharmacy and primary care gives the pharmacogenomic Testing market large room to grow.

Market Restraints

Data privacy concerns, limited reimbursement for some tests, shortages of genetic counsellors and complex data analysis hold back the pharmacogenomic Testing market.

Competitive Landscape for Pharmacogenomic Testing Market in Canada

The pharmacogenomic Testing market is moderately concentrated. Leading companies compete on product innovation, clinical evidence, pricing and geographic reach, and use partnerships and acquisitions to expand their portfolios.

Key Players

Healthcare Policies and Regulatory Landscape for Pharmacogenomic Testing Market in Canada

Policy changes and Reimbursement scenario

Medical device rules, such as the US FDA 510(k) and PMA pathways and the EU Medical Device Regulation, govern how pharmacogenomic Testing products are approved and monitored. Reimbursement codes and hospital purchasing policies decide how widely they are used in Canada.

Beyond the market numbers

Research, trials and patients

What doctors and scientists are doing in Pharmacogenomic Testing right now, from free public sources.

Sources: PubMed (US National Library of Medicine), ClinicalTrials.gov, World Bank. Fetched 12 Nov 2026. Papers and trials are found by search words, so the counts are a guide. Titles only; read each paper at its source.

Public data, with sources

Pharmacogenomic Testing in context

Canada compared

  • Health spending per person: 6,378 US$ per person (2024). World: 1,317 US$ per person (2023).[1]
  • Doctors: 2.82 per 1,000 people (2023). World: 1.86 per 1,000 people (2022).[2]
  • People aged 65 and over: 20.3% of people (2025). World: 10.4% of people (2025).[3]

Questions, answered with public data

How much research is published on Pharmacogenomic Testing?
PubMed lists 369 papers added since January 2021 that match this market, worldwide.[4]

[1] World Bank Open Data, Health spending per person (US$ per person). Retrieved 13 Nov 2026.

[2] World Bank Open Data, Doctors (per 1,000 people). Retrieved 13 Nov 2026.

[3] World Bank Open Data, People aged 65 and over (% of people). Retrieved 13 Nov 2026.

[4] PubMed, Papers added since 1 January 2021 matching this market. Retrieved 12 Nov 2026.

Free data on this topic

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