Bile Duct Cancer Treatment Market Size, Scope, Development Opportunities and Threats

Bile Duct Cancer Treatment Market 2022

Cancer treatment is expected to witness immunotherapy take over chemotherapy in the forecast period. Diagnostic testing for identifying the probable therapeutic approaches, that too, on personalized basis is on the verge of turning out to be a standardized care in several malignancies. The healthcare personnel are turning to somatic and germline testing for helping with well-informed treatment decisions. Along these grounds, inclination towards genetic testing is doing the rounds and the status quo is expected to remain the same even in the near future. Furthermore, with pharmacogenomics, the cancer therapy market is expected to do wonders in the years to come.

Cholangiocarcinoma, also known as bile duct cancer, is spreading widely in Southeast Asia, particularly in the Northeast region of Thailand. High consumption of raw fish in the Asia-Pacific (APAC) region is driving the incidence of liver fluke infections, thereby stimulating the occurrence of bile duct cancer.

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Increased industrialization is also attributing to the growth in the APAC bile duct cancer treatment market as exposure to harmful printing chemicals is high among industrial workers in countries such as China, Japan and India.

Company Profiles 

• Pfizer, Inc.
• F. Hoffman-La Roche AG
• Bristol-Myers Squibb Company
• Teva Pharmaceuticals Industries Ltd.
• Eli Lilly and Company
• Novartis AG
• Sanofi
• Fresenius Kabi AG
• Mylan NV
• Kyowa Hakko Kirin Co. Ltd.
• Intercept Pharmaceuticals, Inc.
• Accord Healthcare Inc.
• Delcath Systems Inc.
• Celgene Corporation
• Johnson & Johnson

Persistence Market Research’s new study on the global bile duct cancer treatment market reveals that by the end of 2025, APAC region will procure a global revenue share of over 45%.

Towards the end of 2025, the global bile duct cancer treatment market is projected to soar at a robust CAGR of 8%, raking in revenues worth US$ 312.3 Mn.

Bile Duct Cancer Treatment – Key Challenges

The study has observed following factors as key hurdles hindering the overall expansion of global Cholangiocarcinoma treatment market:

• high costs of cancer treatment in the US
• lack of awareness on causes of Cholangiocarcinoma in developing regions
• regulatory agencies rebuffing approval of expensive drugs
• unavailability of effective cancer care in APAC region
• poor diagnosis rate and absence of clinical data

The study also reveals that ongoing trials for development of drugs on bile duct cancer treatment are creating newer pathways for improving the efficiency of treatment. Companies are exploring the clinical benefits of fusing new chemical entities in existing drugs on treatment of bile duct cancer.

The key players in global bile duct cancer treatment market are also seeking regulatory approval of combination therapies for treatment of Cholangiocarcinoma.

Key Excerpts from the Study

Treatment of bile duct cancer is presently achieved through combination therapies associated with chemotherapy. The study anticipates that by the end of forecast period, close to 70% of global bile duct cancer treatment revenues will be accounted by the Gemicitabine Combination Therapy.

In 2017 and beyond, more than 85% of global market value will be attributed by extrahepatic Cholangiocarcinoma as a disease indicator.

The study also observes hospital pharmacies as largest distribution channel for bile duct cancer drugs, revenues from which are expected to reach nearly US$ 250 Mn by 2025-end.

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The global market for Cholangiocarcinoma treatment is also witnessing dominance from external beam radiation therapy as these services are pegged to procure more than half of market’s value through 2025.

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