Scientific Research & Development in Canada - Market Size (2005–2032)

NAICS 54171CA Last Updated: February 2026

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$17.5bn

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Scientific Research & Development in Canada Market Size in 2026
1.9%

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 Scientific Research & Development in Canada Market Size Growth in 2026
2.4%

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 Scientific Research & Development in Canada Market Size CAGR 2021-2026

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 Scientific Research & Development in Canada Market Size CAGR 2026-2031

Curious about what drives these trends? IBISWorld's Scientific Research & Development in Canada Industry Report has got you covered.

Questions Clients Ask About This Industry

  • What was the market size of the Scientific Research & Development in Canada in 2025?

    The market size of the Scientific Research & Development in Canada was $17.2bn in 2025.

  • What was the growth rate of the Scientific Research & Development in Canada in 2025?

    The market size of the Scientific Research & Development in Canada increased 2.2% in 2025.

  • What was the market size of the Scientific Research & Development in Canada in 2026?

    The market size of the Scientific Research & Development in Canada is $17.5bn in 2026.

  • What is the growth rate of the Scientific Research & Development in Canada in 2026?

    The market size of the Scientific Research & Development in Canada increased 1.9% in 2026.

  • Has the Scientific Research & Development in Canada grown or declined over the past 5 years?

    The market size of the Scientific Research & Development in Canada has grown at a 2.2% CAGR between 2020 and 2025.

  • Is the Scientific Research & Development in Canada expected to grow or decline over the next five years?

    See our full analysis of the Scientific Research & Development in Canada to understand if the industry market size is expected to grow or decline over the next five years.

  • Has the Scientific Research & Development in Canada grown or declined over the past 5 years?

    The market size of the Scientific Research & Development in Canada has grown at a 2.4% CAGR between 2021 and 2026.

  • Is the Scientific Research & Development in Canada expected to grow or decline over the next five years?

    See our full analysis of the Scientific Research & Development in Canada to understand if the industry market size is expected to grow or decline over the next five years.

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