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Bile Duct Cancer Market size in terms of volume and value 2017-2025

09-28-2017 06:09 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Transparency Market Research

/ PR Agency: Transparency Market Research
Bile Duct Cancer Market size in terms of volume and value

Bile duct is a network of tube that connects the liver to the gall bladder. Bile duct carries a fluid called bile which is synthesize in the liver and stored in the gall bladder. The primary function of bile is breakdown of fats during digestion. Bile duct cancer is commonly known as cholangiocarcinoma. The particular cause of bile duct cancer is unknown but few factors that are responsible for developing bile duct cancer are long-term inflammation in the liver, biliary stones, abnormalities in bile duct such as cysts, infection with liver flukes parasite that causes infection in bile duct leading to cancer, and exposure to harmful chemicals and toxins. Major symptoms associated with bile duct cancer includes jaundice, weight loss, loss of appetite, discoloration of urine and stool, abdominal pain, itching, and fever. 

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The global bile duct cancer market is driven by increase in prevalence of bile duct cancer patients across the globe, technological advancement in the health care sector, and rise in health care expenditure in developed countries. In addition, new research and development by pharmaceutical companies for availability of affordable treatment through extensive research is a major driver of the market. However, high cost associated with clinical trials and long duration in approvals of drugs acts as major barriers for the market growth. 

The global bile duct cancer market has been categorized based on treatment type, type of cancer, end-user, and region. Based on treatment type, the global market is segmented into surgery, chemotherapy, and radiation therapy. Surgery treatment includes surgical removal of bile ducts, partial hepatectomy, and in severe cases Whipple procedure and liver transplantation. The chemotherapy segment can be sub-segmented into 5-fluorouracil, gemcitabine, capecitabine, oxaliplatin, cisplatin, and combined drug treatment. Factors such as availability of a wide range of chemotherapeutics agents for treatment of bile ducts cancer and ongoing innovative research work on improvement of chemotherapy by studying new drugs and new combination of drugs through clinical trials are anticipated to boost the market growth of the chemotherapy segment during the forecast period. 

Based on type of cancer, the market is segmented into intrahepatic bile duct cancer and extrahepatic bile duct cancer. The formation of cancer inside bile duct within liver is termed as intrahepatic bile duct cancer. Extrahepatic bile duct is made up of the hilum region and the distal region. Based on location, the extrahepatic bile duct cancer is sub-segmented into perihilar bile duct cancer and distal extrahepatic bile duct cancer. On the basis of end-user, the market is segmented into hospitals, clinics, and others. 

Geographically, the global market for bile duct cancer is distributed over North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Cancer is one of the leading causes of death in developed nations. North America holds a significant share of the bile duct cancer market, followed by Europe, due to advanced discoveries and innovations for treating cancer in early stages. Major factors driving the North America market are rise in incidence of bile duct cancer, ongoing research in the field of oncology, advance health care facilities, and improvement in government reimbursement policies. Asia Pacific and Middle East are lucrative markets owing to increase in incidence of bile duct cancer patients. Liver flukes infection in the bile duct is very common in developing countries. This is one of the leading causes for the increase in number of bile duct cancer patients in these regions. 

Major players operating in the global bile duct cancer market include Johnson & Johnson, Bayer AG, Celgene Corp, Bristol-Myers Squibb, Pfizer, Inc., F. Hoffmann-La Roche Ltd., Sanofi, Novartis AG, Merck & Co., Inc., ConMed Corporation, and Boston Scientific Corporation.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

Market segments and sub-segments
Market trends and dynamics
Supply and demand
Market size
Current trends/opportunities/challenges
Competitive landscape
Technological breakthroughs
Value chain and stakeholder analysis
The regional analysis covers:

North America (U.S. and Canada)
Latin America (Mexico, Brazil, Peru, Chile, and others)
Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
Eastern Europe (Poland and Russia)
Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
Middle East and Africa (GCC, Southern Africa, and North Africa)
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

A complete backdrop analysis, which includes an assessment of the parent market
Important changes in market dynamics
Market segmentation up to the second or third level
Historical, current, and projected size of the market from the standpoint of both value and volume
Reporting and evaluation of recent industry developments
Market shares and strategies of key players
Emerging niche segments and regional markets
An objective assessment of the trajectory of the market
Recommendations to companies for strengthening their foothold in the market   
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

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About Us

Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

Each TMR syndicated research report covers a different sector – such as pharmaceuticals, chemicals, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, TMR’s syndicated reports strive to provide clients to serve their overall research requirement.

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