USD 3.6 billion
Report ID:
SQMIG35I2376 |
Region:
Global |
Published Date: May, 2025
Pages:
192
|Tables:
100
|Figures:
76
Global Bile Duct Cancer Market size was valued at USD 3.6 billion in 2023 and is poised to grow from USD 3.91 billion in 2024 to USD 7.5 billion by 2032, growing at a CAGR of 8.5% during the forecast period (2025-2032).
The increasing prevalence of bile duct cancer (cholangiocarcinoma), advancement in technology, rise in research and development activities drives the growth of the market. According to Cancer research institute, around 8,000 people in the United State are diagnosed with bile duct cancer each year. The incidence rate of bile duct cancer gradually increases, across the globe, mostly in aging population and region with high incidence of liver fluke infection, hepatitis C and hepatitis B.
In addition, advancement in technology propel the growth of the market. Diagnostic imaging technologies such as PET-CT and MRI helps in early detection of patient which enhance patient treatment planning and recovery. The Memorial Sloan Kettering Cancer center use the advanced imaging technology such as triphasic CT scans, magnetic resonance cholangiopancreatography, positron emission tomography & ultrasound, for diagnosis of bile duct tumor.
The rise in awareness about bile duct cancer among population propel the growth of the market. THE Alan Morement Memorial Fund (AMMF) create awareness of cholangiocarcinoma (bile duct cancer), supplying information to those who need it, and raising funds to support specialised research teams in their work into the causes, methods of earlier diagnosis and treatments of this disease.
Furthermore, The increasing investment in research and development activities for the development of advanced treatment and diagnostic option are accelerating innovations in this section. The research on bile duct cancer is taking place in medical centers, many university hospitals and other institute across the globe. Each year, the scientist come up with more analysis on cause of disease, its prevention and treatment of disease. Furthermore
However, limited availability of effective late-stage therapies, the high cost of treatment, and the complex nature of early diagnosis act as a major restraint, mostly in low and middle income countries.
How is AI Advancing Diagnosis and Treatment of Cholangiocarcinoma?
Cholangiocarcinoma lacks accurate early diagnosis methods. Thus, many researchers are currently focusing on applying AI to the early diagnosis of cholangiocarcinoma by the use of different clinical information of the patient. The AI is also used in advanced treatment planning and drug discovery mechanism. AI-powered imaging tools are used to detect bile duct cancer at an early stage through pattern recognition in MRI, CT, and PET scans. These tools help the physician/radiologist to identify small abnormalities which remain unnoticed through general analysis.
Technology such as deep learning (DL), and machine learning (ML) including support vector machines (SVMs), logistic regression, convolutional neural networks (CNNs), and artificial neural networks (ANNs), enhance early detection, accuracy, and clinical decision-making through data integration and advanced pattern recognition.
In addition, the ongoing R&D activities on AI implementation in bile duct cancer treatment surge the growth of the market. According to a journal of the American Association for Cancer Research (AACR), in 2024, Lunit announced that the AI biomarker, is utilize in one of the studies to predict the treatment response in bile duct cancer patient.
Market snapshot - 2025-2032
Global Market Size
USD 3.6 billion
Largest Segment
Extrahepatic Bile Duct Cancer
Fastest Growth
Extrahepatic Bile Duct Cancer
Growth Rate
8.5% CAGR
To get more reports on the above market click here to Buy The Report
Global Bile Duct Cancer Market is segmented by Indication, By Treatment, By End User and region. Based on By Indication, the market is segmented into Extrahepatic Bile Duct Cancer and Intrahepatic Bile Duct Cancer. Based on By Treatment, the market is segmented into Surgery, Radiation Therapy, Chemotherapy, Targeted Drug Therapy, Immunotherapy and Palliative Therapy. Based on By End User, the market is segmented into Hospital & Clinics, Cancer Specialty Clinic and Others. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.
As per the 2024 global Bile Duct Cancer analysis, the Extrahepatic Bile Duct Cancer segment led the market by holding the largest share. The increase in prevalence of extrahepatic bile duct cancer among patient drive the growth of the market. Most of the bile duct cancer are developed outside the liver. Around 90% of bile duct cancer cases occur in extrahepatic bile. About 66% of extrahepatic tumors develop in the hilum region, where the left and right hepatic ducts exit the liver and join.
In addition, the rise in prevalence of biliary stones, sclerosing cholangitis (PSC), and exposure to industrial chemical significantly drive the Extrahepatic Bile Duct Cancer. These conditions are the major risk factor for Extrahepatic Bile Duct Cancer, contributing to its growing global incidence.
Based on the 2024 global Bile Duct Cancer market forecast, the surgery is expected to grow at the highest rate. The growth of the segment is driven by the increase in early diagnosis of cancer, rise in awareness, and technological advancement in surgery. The advancement in endoscopic ultrasound and Magnetic Resonance Cholangiopancreatography enable earlier diagnosis, making early-stage bile duct cancers more resectable, boosting surgery demand.
Surgery is the preferred treatment for bile duct cancer and offers the best chance for a cure, when the cancer is localized and has not spread. According to SkyQuest Analysis, nearly 28% of people opt for surgery in order to remove the bile duct cancer.
To get detailed analysis on other segments, Request For Free Sample Report
The Asia Pacific Bile Duct Cancer market is driven by increasing in prevalence of healthcare investment and rise in prevalence of liver and bile duct diseases, in countries like China, Japan, and south Korea, where factors such as chronic hepatitis and liver fluke infection are more common.
In addition, the increasing healthcare expenditure and advancement in diagnostic and treatment facilities mostly in China and India are expected to bolster the demand. Furthermore, the government initiatives in these countries in order to enhance cancer treatment are further driving the growth in Asia Pacific.
The Japanese Bile Duct Cancer market is expanding due to technological innovation in cancer treatment, and rise in geriatric population. Japan is well known for its innovation in cancer treatment and medical technology. Japan’s National Cancer Centers and other research institutes develop cutting-edge treatments in the targeted therapies and immunotherapy. These innovation in treatment drive the growth of the market.
The growing regulatory approval in Japan surge the growth of the market. In June 2023, Taiho Pharmaceutical Co., Ltd, a pharmaceutical company, announced the approval from the Japanese Ministry of Health, Labour and Welfare in order to manufacture and market the “LYTGOBI tablets 4mg” (FGFR inhibitor) for the treatment of unresectable biliary tract cancer.
The China bile duct cancer market is driven by increase in government initiatives and rise in investment in cancer research. In 2024, the National Natural Science Foundation of China plans to fund around 3 to 4 integrated projects with a total direct cost of nearly 2.0 million RMB, emphasizing advanced imaging technologies. China accounts for 20.4% of the top-ranked researchers.
Further China's National Cancer Center (NCC) set a goal in order to increase the five-year cancer survival rate to at least 46.6% by 2030, which is up from 43.7% in 2022. These initiatives include advancement of cancer screening programs and enhancing treatment capabilities with early detection.
North America is predicted to grow at the highest rate in the Bile Duct Cancer market over the projection period. The growth in the region is led by the increasing prevalence of cancer, advancement in healthcare technology, and increase in adoption of innovation therapies for treatment.
The surge in awareness among population about early diagnosis of cancer, along with favorable government initiative and policy drive the growth of the market.
In North America, the United States led the Bile Duct Cancer market due to increase in prevalence of liver and intrahepatic bile duct cancer. According to National Cancer Institute, around 42,240 new cases of liver and intrahepatic bile duct cancer was reported in 2023, in U.S... It holds around 2.1% of total cancer diagnosed in 2023.
In addition, the advancement in healthcare Infrastructure drives the market growth. With a strong emphasis on research in Cancer, a significant improvement is observed in diagnosis and treatment of cancer. U.S accounts for 36.4% of the top-ranked researchers. Additionally, initiatives like the Cancer Moonshot project aim to accelerate progress in cancer treatment, including rare cancers like bile duct cancer. These innovations play a key role in market growth.
Canada's Bile Duct Cancer market is experiencing significant growth, driven by increasing focus on early detection, and rise in awareness among population regarding the cancer treatment and its prevention. The Canadian Cancer Society, along with the provincial health organizations, create awareness among people by spreading information about prevention, diagnostic and treatment of bile duct cancer. In addition, nearly 16 out of one million people in Canada are diagnosed with bile duct cancer, each year. This factor propel the growth of the market.
The Bile Duct Cancer market in Europe is experiencing robust growth driven by supportive healthcare policy, presence of major pharmaceutical and biotechnology companies, rise in prevalence of cancer, and rise initiative by government.
The EMA (European Medicines Agency) plays a key role in ensuring that the novel treatment meet safety and efficacy standard, which further contribute to a robust market environment.
Germany's Bile Duct Cancer market is expanding due to the country's strong research and development activities. Germany is one of the leading country in medical research and the development of new therapy, mostly in oncology. For instance, the German Cancer Research Center (DKFZ) is renowned for its contributions to cancer research, which include the exploration of bile duct treatment. Germany accounts for 4.8% of the top-ranked researchers.
The increase in prevalence of bile duct cancer in UK, surge in government initiative for cancer care and surge in advanced research and clinical trial propel the growth of the market. According to Liver Cancer UK, it was reported that around 2.2 from 100,000 population are diagnosed with bile duct cancer each year. This equated to around 2,200 new cases of cancer in England along, annually.
In addition, The UK is home to a number of world-class research institutions, such as the Francis Crick Institute, which conducts cutting-edge research on cancer therapies. UK accounts for 8.2% of the top-ranked researchers.
The country also leads in conducting clinical trials, including those focusing on bile duct cancer.
To know more about the market opportunities by region and country, click here to
Buy The Complete Report
Increase in prevalence of bile duct cancer and rise in geriatric population
Advancement in targeted therapies and diagnostic imaging
Side effect associated with treatment
High cost of treatment
Request Free Customization of this report to help us to meet your business objectives.
To remain competitive in the Bile Duct Cancer market, the leading clinics and hospitals are prioritizing the integration of multidisciplinary treatment, advanced diagnostic imaging, and personalized care models. The most advanced cancer specialty centers are investing in surgery, AI-assisted radiology, to enhance clinical outcome. The bile duct cancer market is highly fragmented, with a mix of regional cancer institutes, multispecialty hospitals and specialized clinics offering bile duct cancer diagnosis and treatment.
Emerging Trends Shaping the Future of Bile Duct Cancer
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Correlates, and Analyses the Data collected using Primary Exploratory Research backed by robust Secondary Desk research.
According to SkyQuest's analysis, the bile duct cancer market is driven by advancement in diagnostic technologies, increase in prevalence of bile duct cancer, rise in awareness among population regarding cancer diagnostic, prevention and treatment, and ongoing research and development activities. The integration of AI in early diagnosis, mostly through imaging tools such as PET cand and MRI, increase the acracy of treatment planning. Furthermore, the increasing prevalence of liver diseases, such as liver fluke infections, and hepatitis and rise in geriatric population, is propelling the demand for more effective treatments. The increasing focus on immunotherapies, targeted therapies, and precision medicine is expected to improve patient outcomes, offering a more personalized approach to treatment. While challenges such as side effects, high treatment costs, and limited availability of late-stage therapies hinder the market. The market remains highly fragmented, with various regional cancer institutes, multispecialty hospitals, and specialized clinics offering diagnosis and treatment options. This diversity in providers enhances competition and drives innovation.
Report Metric | Details |
---|---|
Market size value in 2023 | USD 3.6 billion |
Market size value in 2032 | USD 7.5 billion |
Growth Rate | 8.5% |
Base year | 2024 |
Forecast period | 2025-2032 |
Forecast Unit (Value) | USD Billion |
Segments covered |
|
Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
Companies covered |
|
Customization scope | Free report customization with purchase. Customization includes:-
|
To get a free trial access to our platform which is a one stop solution for all your data requirements for quicker decision making. This platform allows you to compare markets, competitors who are prominent in the market, and mega trends that are influencing the dynamics in the market. Also, get access to detailed SkyQuest exclusive matrix.
Buy The Complete Report to read the analyzed strategies adopted by the top vendors either to retain or gain market share
Table Of Content
Executive Summary
Market overview
Parent Market Analysis
Market overview
Market size
KEY MARKET INSIGHTS
COVID IMPACT
MARKET DYNAMICS & OUTLOOK
Market Size by Region
KEY COMPANY PROFILES
Methodology
For the Bile Duct Cancer Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Bile Duct Cancer Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Bile Duct Cancer Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Bile Duct Cancer Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
Global Bile Duct Cancer Market size was valued at USD 3.6 billion in 2023 and is poised to grow from USD 3.91 billion in 2024 to USD 7.5 billion by 2032, growing at a CAGR of 8.5% during the forecast period (2025-2032).
To remain competitive in the Bile Duct Cancer market, the leading clinics and hospitals are prioritizing the integration of multidisciplinary treatment, advanced diagnostic imaging, and personalized care models. The most advanced cancer specialty centers are investing in surgery, AI-assisted radiology, to enhance clinical outcome. The bile duct cancer market is highly fragmented, with a mix of regional cancer institutes, multispecialty hospitals and specialized clinics offering bile duct cancer diagnosis and treatment. 'Memorial Sloan Kettering Cancer Center (MSK)', 'The University of Texas MD Anderson Cancer Center', 'City of Hope', 'Mass General Brigham Incorporated', 'Scripps Health', 'Moffitt', 'Cleveland Clinic', 'Winship Cancer Institute of Emory University', 'penn Medicine (Abramson Cancer Center)', 'University Hospitals', 'Kokilaben Dhirubhai Ambani Hospital', 'Apollo Hospitals', 'BLK-Max Super Speciality Hospital', 'Max Healthcare', 'Mayo Clinic', 'Dana-Farber Cancer Institute', 'Johns Hopkins Hospital', 'Mount Sinai Hospital', 'UCSF Health-UCSF Medical Center', 'UCLA Medical Center'
The rise in prevalence of bile duct cancer and increase in geriatric population surge the growth of the market. Aging people are more vulnerable to cancer due to weaken of immune system, and longer exposure to risk factors such as liver infection, and chronic liver disease. Cancer incidence and deaths are projected to rise significantly among old age individuals, reaching around 20.7 million new cases and 12.7 million deaths by 2040.
Short-Term: In the short term, the rise in awareness among population regarding early diagnosis and customized treatment will drive the growth of the market. In addition, the advancement in diagnostic technologies such as molecular profiling and AI-assisted image, will enhance the treatment efficiency. Furthermore, the increasing focus on precision medicine and the development of targeted therapies will boost the market expansion, which provide patient with more tailored and effective treatment.
Why is Asia Pacific Leading Bile Duct Cancer Market in 2024?
Want to customize this report? This report can be personalized according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time. We offer $1000 worth of FREE customization at the time of purchase.
Feedback From Our Clients
Report ID: SQMIG35I2376
[email protected]
USA +1 351-333-4748