Prescribed drug spending in Canada, 2023
Key links
Data tables: Prescribed drug spending (ZIP)
Other editions: Prescribed drug spending in Canada — Series
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November 2, 2023 — Take an in-depth look at prescribed drug spending in Canada in 2022 and learn about how different drug classes contribute to current trends in total public drug program spending.
Key findings
Public drug program spending in Canada was $17.2 billion in 2022.
- Spending increased by 6.4% from 2021, compared with a 7.4% increase from 2020 to 2021.
- 43.3% of public drug program spending was for the 2.2% of beneficiaries for whom a drug program paid $10,000 or more.
A new drug to treat cystic fibrosis was the top contributor to increased spending.
- Trikafta (chemical name ivacaftor/tezacaftor/elexacaftor) was first marketed in Canada in 2021.
- Spending on Trikafta was $285 million in 2022 and represented roughly 25% of total growth in public drug program spending.
Spending on drugs to treat diabetes continued to grow.
- Spending on glucagon-like peptide 1 (GLP-1) analogues and sodium–glucose cotransporter 2 (SGLT2) inhibitors reached $868 million, representing 24% of total growth in public drug program spending.
- The largest contributor to the growth was increased spending on Ozempic (chemical name semaglutide). Spending on Ozempic — which makes up 95% of all spending on GLP-1 analogues — rose from $265 million in 2021 to $434 million in 2022.
Spending on biologic drugs continued to increase, but uptake of new biosimilar options has slowed this growth rate.
- Biologics accounted for $4.7 billion of public drug program spending (29.6% of total spending) and accounted for 2.4% of claims.
- In 2022, biosimilars accounted for 13.7% of all spending on biologics, compared with 8.9% in 2021.
- For biologic drugs with a biosimilar option available, biosimilar spending accounts for nearly half (49.8%) of biologic spending.
- All submitting jurisdictions saw increased biosimilar spending over the last year.
Featured material
Top drug classes
What are the top drug classes by total program spending and rate of use in Canada?
International comparisons of prescribed drug spending
How much do other countries spend, and how do their public drug programs’ shares of total spending compare with Canada’s?
Methodology notes
Get definitions, data sources, limitations and revisions to help you understand and interpret the snapshot summary and data tables.
Related resources
Key links
Data tables: Prescribed drug spending (ZIP)
Other editions: Prescribed drug spending in Canada — Series
Contact:
How to cite:
Canadian Institute for ºìÁì½í¹Ï±¨ Information. Prescribed drug spending in Canada, 2023. Accessed January 4, 2025.
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