Tuesday, 8 January 2019
According to the report, the global bile duct cancer drug market was valued at approximately USD 168 million in 2017 and is expected to generate revenue of around USD 262 million by 2024, at a CAGR of around 6.6% between 2018 and 2024.
New York, NY, Jan. 08, 2019 (GLOBE NEWSWIRE) -- Zion Market Research has published a new report titled *“Bile Duct Cancer Drug Market by Type (5-fluorouracil (5-FU), Gemcitabine, Cisplatin, Capecitabine, Oxaliplatin, and Others) and by Application (Hospitals, Clinics, and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2017—2024”*. According to the report, the global bile duct cancer drug market was valued at approximately USD 168 million in 2017 and is expected to generate revenue of around USD 262 million by 2024, at a CAGR of around 6.6% between 2018 and 2024.
Bile duct connects the liver to the gallbladder and carries the fluid called bile, which is synthesized by the liver and stored in the gallbladder. The key function of bile is to break fats and help in digestion. The specific cause of bile duct cancer is unknown, but various factors responsible for bile duct cancer are abnormalities in the bile duct, liver inflammation, exposure to harmful chemicals and toxins, etc. The main symptoms of bile duct cancer include weight loss, discoloration of stool and urine, jaundice, loss of appetite, abdominal pain, etc. Some drugs used to treat bile duct cancer include cisplatin (Platinol), fluorouracil (5-FU, Adrucil), oxaliplatin (Eloxatin), capecitabine (Xeloda), gemcitabine (Gemzar), etc.
*Browse through 37 Tables & 12 Figures spread over 110 Pages and in-depth TOC on “Global Bile Duct Cancer Drug Market: By Type, Size, Share, Applications, Growth, Analysis and Forecast, 2017—2024”.*
*Request Free Sample Report of Global Bile Duct Cancer Drug Market Report @ *https://www.zionmarketresearch.com/sample/bile-duct-cancer-drug-market
The major growth driver of the global bile duct cancer drug market is the increase in the prevalence of bile duct cancer patients across the globe. The increasing prevalence of bile duct cancer is fuelling the demand for treatment. The technological advancement has increased over the period which has led to the development of treatment options. Furthermore, the increase in healthcare expenditure due to increased awareness among people is also expected to promote the growth of bile duct cancer drug market.
The bile duct cancer drug market is classified into type and application. By type, this market is divided into 5-fluorouracil (5-FU), gemcitabine, cisplatin, capecitabine, oxaliplatin, and others. The 5-fluorouracil segment is anticipated to hold the largest market share over the forecast years. By application, this market is segmented into hospitals, clinics, and others. Hospitals are expected to hold the largest market share in the forecast time period.
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North America is projected to lead the global bile duct cancer drug market. Increased prevalence of bile duct cancer, a large number of ongoing research activities, the quicker and easy product approval process, rising number of awareness programs, and growing government and public-private investments in this region are the key factors driving this regional market. The U.S. and Canada are anticipated to nurture the demand for angiography devices, owing to the increased prevalence of bile duct cancer.
Europe is likely to emerge as the second largest regional market for bile duct cancer drug over the estimated timeframe, owing to the presence of developed economies, advanced healthcare facilities, and technological advancements in the region.
Browse the full *“Bile Duct Cancer Drug Market by Type (5-fluorouracil (5-FU), Gemcitabine, Cisplatin, Capecitabine, Oxaliplatin, and Others) and by Application (Hospitals, Clinics, and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2017—2024”* Report at https://www.zionmarketresearch.com/report/bile-duct-cancer-drug-market
The Asia Pacific bile duct cancer drug is expected to expand rapidly over the forecast time period. This regional market’s growth can be attributed to a large patient population pool, increasing number of aging population, a rising number of awareness programs, growing incidences of liver infections, and rising fiscal investments by governments and key manufacturers and suppliers of the bile duct cancer drugs across the region.
Some key players of the bile duct cancer drug market include Delcath Systems Inc., Accord Healthcare, F. Hoffmann-La Roche Ltd., Teva Pharmaceutical Industries Ltd., Bristol-Myers Squibb Company, Pfizer Inc., Eli Lilly and Company, Mylan N.V, Fresenius Kabi AG, Intercept Pharmaceuticals, Inc., and Celgene Corporation, among others.
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*This report segments the global bile duct cancer drug market into:*
*Global Bile Duct Cancer Drug Market: By Product*
· 5-fluorouracil (5-FU)
*Global Bile Duct Cancer Drug Market: By Application*
*Global Bile Duct Cancer Drug Market: By Region*
· North America
· The U.S.
· Asia Pacific
· Latin America
· The Middle East and Africa
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