Cholangiocarcinoma Bile Duct Cancer Treatment Market is Expected to Pegged around US$ XX Mn by 2025, Due to Increased Prevalence of Bile Duct Cancers
Analyst Speak:
“The Cholangiocarcinoma Bile Duct Market Cancer is anticipated to reach about US$ XX Mn by 2025, and anticipated to expand at a CAGR over six years of forecast period 2019-2025 due to increasing demand for chemotherapy.
Precision Business Insights (PBI) in its report titled “Cholangiocarcinoma Bile Duct Cancer Market: Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2013-2018 and Forecast 2019-2025” assesses the market performance over six years forecast period from 2019 to 2025. The report analyses the market value forecast and provides the strategic insights into the market driving factors, challenges that are hindering the market revenue growth over forecast period.
The Cholangiocarcinoma bile duct cancer market size was accounted for US$ XX Mn in 2018 and anticipated to account for US$ XX Mn by 2025. Increased prevalence of bile cancer will create a demand for cholangiocarcinoma bile duct cancer market. Increased R&D investment is anticipated to offer novel therapeutics to treat cholangiocarcinoma bile duct cancer.
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Cholangiocarcinoma bile duct cancer market is segmented on the basis of therapy type, disease induction, distribution channel and geography.
Drug Therapy Segment Expected to Dominate the Market
Based on therapy type, the Cholangiocarcinoma bile duct cancer market is segmented as drug therapy, radiation therapy and surgeries. Drug therapy segment is expected to dominate the market due to increased exposure to harmful chemicals that are affecting the individual workers. Moreover, growing number of drugs has been awarded Orphan drug designation, which also expected to increase the market access and product demand across the globe and leading to lucrative market opportunities for the players in the market. For instance, in 2017 RedHill Bio received orphan drug designation for YELIVA (ABC294640) in the treatment of cholangiocarcinoma.
Asia-Pacific, Accounts for Major Revenue Share for Cholangiocarcinoma Bile Duct Market
Precision Business Insights (PBI) Pharmaceutical Intermediates market report analyses the market in different regions North America, Europe, Asia Pacific, Latin America and Middle East and Africa. According to regional analysis, Asia Pacific accounted for major revenue share owing to growing prevalence and incidence of bile duct cancer in the region. North America bile duct cancer (Cholangiocarcinoma) treatment market projected to grow at highest CAGR over the forecast period owing to orphan designation status for drug molecules in the recent times for treating cholangiocarcinoma
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Novel Innovations Play Vital Role in Cholangiocarcinoma Bile Duct Market
Players in bile duct cancer (Cholangiocarcinoma) treatment market are focusing on introducing newer and innovative therapies to garner larger market revenue share in global cholangiocarcinoma (bile duct cancer) treatment market.
Some of the key players in the market include Accord Healthcare Inc. (UK), Bristol-Myers Squibb Company (U.S) Celgene Corporation (U.S), Delcath Systems Inc. (U.S), Eli Lilly and Company. (U.S), F. Hoffman-La Roche AG (Switzerland), Fresenius Kabi AG (Germany), Johnson & Johnson Services Inc. (U.S), Kyowa Hakko Kirin Co Ltd. (Japan), Mylan N.V. (U.S), Novartis AG (Switzerland), Pfizer, Inc. (U.S), Sanofi (France), Teva Pharmaceuticals Industries Ltd. (Israel)
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Detailed Segmentation
By Therapy Type
- Drug Therapy
- Gemcitabine Combination Therapy
- 5-fluorouracil Combination Therapy
- Capecitabine Combination Therapy
- Gemcitabine Alone
- Radiation Therapy
- Brachytherapy
- External Beam Radiation Therapy (EBRT)
- Surgery
By Disease Induction
- Intrahepatic Bile Duct Cancer
- Extrahepatic Bile Duct Cancer
- Perihilar Bile Duct Cancer
- Distal Extrahepatic Bile Duct Cancer
By Distribution Channel
- Hospital pharmacies
- Retail pharmacies
- Online pharmacies
Geography
- North America
- S.
- Canada
- Europe
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- ASEAN
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Argentina
- Chile
- Rest of Latin America
- Middle East and Africa
- South Africa
- Saudi Arabia
- Rest of MEA
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