Global Bile Duct Cancer Market to Reach USD 6,268.52 Million by 2031 | CAGR of 7.6%

Category : Healthcare | Published Date : Nov 2024 | Type : Press Release

Bile Duct Cancer Market Scope & Overview:

In the newly published report, Consegic Business Intelligence states that the Bile Duct Cancer Market , also known as cholangiocarcinoma, was valued at USD 3,754.49 Million in 2023 and is projected to reach USD 6,268.52 Million by 2031, growing at a CAGR of 7.6% from 2024 to 2031. Bile duct cancer affects the bile ducts, which carry bile from the liver and gallbladder to the small intestine, and is often difficult to diagnose in its early stages. Common symptoms include jaundice, abdominal pain, and dark urine. Treatment typically involves surgery, chemotherapy, radiation, and immunotherapy.

The report comprises the Bile Duct Cancer Market Share, Size & Industry Analysis, By Type (Intrahepatic Cholangiocarcinoma, Extrahepatic Cholangiocarcinoma, Distal Cholangiocarcinoma), By Product Type (Gemcitabine, Cisplatin, Oxaliplatin, Capecitabine, 5-Fluorouracil), By Treatment (Chemotherapy, Radiation Therapy, Surgery, Targeted Therapy, Immunotherapy, Others), By Diagnosis (Imaging Tests, Biopsy, ERCP, Blood Tests), By End-User (Hospitals, Cancer Research Institutes, Specialty Clinics, ASCs, Others), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East & Africa), and Forecast, 2024-2031.

The report contains detailed information on Bile Duct Cancer Market Trends, Opportunities, Value, Growth Rate, Segmentation, Geographical Coverage, Company Profile, In-depth Expert Analysis, Revenue Forecast, Competitive Landscape, Growth Factors, Restraints or Challenges, Environment & Regulatory Landscape, PESTLE Analysis, PORTER Analysis, Key Technology Landscape, Value Chain Analysis, and Cost Analysis.

Increasing incidence of bile duct cancer and improved diagnostic technologies are key drivers of market growth, while limited treatment options for advanced stages may restrain the market.

Segmental Analysis :

By type, the market is segmented into intrahepatic cholangiocarcinoma, extrahepatic cholangiocarcinoma, and distal cholangiocarcinoma.

  • Extrahepatic cholangiocarcinoma accounted for the largest share in 2023 due to its higher diagnosis rates with advanced imaging technologies such as CT scans and ERCP. It is treated through surgical procedures like bile duct resection and chemotherapy.
  • Intrahepatic cholangiocarcinoma is expected to witness the fastest growth due to rising awareness, improved diagnostic methods, and the development of targeted therapies and immunotherapies.

By product type, the market is segmented into gemcitabine, cisplatin, oxaliplatin, capecitabine, and 5-fluorouracil (5-FU).

  • Cisplatin held the largest market share in 2023 due to its use in combination with gemcitabine for treating advanced stages of bile duct cancer. Its affordability and high efficacy make it a preferred option.
  • 5-Fluorouracil (5-FU) is expected to grow at the fastest CAGR, driven by its use in post-surgery treatments and advancements in sustained-release formulations.

By treatment, the market is segmented into chemotherapy, radiation therapy, surgery, targeted therapy, immunotherapy, and others.

  • Chemotherapy (Gemcitabine-Based) accounted for the largest share in 2023, being the standard treatment for advanced stages of bile duct cancer. It is commonly used in combination with cisplatin for better efficacy.
  • Targeted therapy is expected to grow at the fastest rate due to the rise of precision medicine and the development of FGFR inhibitors for patients with genetic mutations.

By diagnosis, the market is segmented into imaging tests, biopsy, ERCP, and blood tests.

  • CT scans held the largest market share in 2023 due to their accuracy in detecting bile duct tumors and assessing treatment plans.
  • Genetic testing is expected to register the fastest growth as it helps in identifying specific genetic mutations for targeted therapies.

By end-user, the market is segmented into hospitals, cancer research institutes, specialty clinics, ASCs, and others.

  • Hospitals held the largest market share in 2023, providing integrated diagnosis and treatment options, including complex surgeries like liver transplants.
  • Cancer research institutes are expected to witness the fastest growth due to their focus on developing novel therapies and personalized treatments for bile duct cancer.

Based on regions, the global market is segmented into North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.

  • North America dominated the market in 2023, driven by a strong healthcare infrastructure and significant investments in cancer research and drug development.
  • Asia-Pacific is expected to grow at the fastest rate, with a rising prevalence of bile duct cancer in countries like China, Vietnam, and Japan due to liver fluke infections and hepatitis.
Report Attributes Report Details
Study Timeline 2018-2031
Market Size in 2031 USD 6,268.52 Million
CAGR (2023-2030) 7.6%
By Type Intrahepatic Cholangiocarcinoma, Extrahepatic Cholangiocarcinoma, Distal Cholangiocarcinoma
By Product Type Gemcitabine, Cisplatin, Oxaliplatin, Capecitabine, 5-Fluorouracil (5-FU)
By Treatment Chemotherapy, Radiation Therapy, Surgery, Targeted Therapy, Immunotherapy, Others
By Diagnosis Imaging Tests (Ultrasound, CT Scan, MRI), Biopsy, ERCP, Blood Tests
By End-User Hospitals, Cancer Research Institutes, Specialty Clinics, ASCs, Others
By Region North America(U.S., Canada, Mexico)
Europe(U.K., Germany, France, Spain, Italy, Russia, Benelux, Rest of Europe)
APAC(China, South Korea, Japan, India, Australia, ASEAN, Rest of Asia-Pacific)
Middle East & Africa(GCC, Turkey, South Africa, Rest of MEA)
LATAM(Brazil, Argentina, Chile, Rest of LATAM)

Top Key Players & Competitive Landscape :

The bile duct cancer market is highly competitive, with pharmaceutical companies focusing on the development of targeted therapies and novel treatment options.

List of prominent players in the Bile Duct Cancer Industry:

  • Thought Technology Ltd
  • Laborie Qxsubspace
  • Mind Media USA Inc.
  • Quantum World Vision
  • Bio Feedback Resources International
  • NeuroCare
  • Neurocare Group AG

Recent Industry Developments :

  • In May 2024, Jazz Pharmaceuticals received FDA approval for Zanidatamab, a bispecific antibody targeting HER2 for treating bile duct cancer.
  • In June 2024, Merck launched KEYTRUDA (pembrolizumab), a targeted therapy approved for treating advanced-stage bile duct cancer.