Market Size of Canada Insulin Drugs And Delivery Devices Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Market Size (2024) | USD 1.68 Billion |
| Market Size (2029) | USD 1.83 Billion |
| CAGR (2024 - 2029) | 1.70 % |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Canada Insulin Drugs And Delivery Devices Market Analysis
The Canada Insulin Drugs And Delivery Devices Market size is estimated at USD 1.68 billion in 2024, and is expected to reach USD 1.83 billion by 2029, growing at a CAGR of 1.7% during the forecast period (2024-2029).
In Canada, however, a vial of insulin costs less than USD 50. People looking for cheaper insulin are increasingly flying north from all over the United States to stock up. Although it is technically illegal to import unapproved drugs from Canada, regulators usually do not object to patients looking to save money while on vacation. According to the FDA's website, people importing less than a three-month supply of a drug for personal use "typically do not object."
