The 7 major biliary tract neoplasms markets are expected to exhibit a CAGR of 7.21% during 2024-2034.
Report Attribute
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Key Statistics
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Base Year
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2023
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Forecast Years
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2024-2034
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Historical Years
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2018-2023
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Market Growth Rate 2024-2034 | 7.21% |
The biliary tract neoplasms market has been comprehensively analyzed in IMARC's new report titled "Biliary Tract Neoplasms Market: Epidemiology, Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2024-2034". Biliary tract neoplasms are malignant tumors that develop in the bile duct system, which includes the gallbladder, intrahepatic bile ducts, and extrahepatic bile ducts. These tumors are relatively rare but can be aggressive, significantly impacting the flow of bile, which aids in the digestion of fats. The symptoms of this ailment often mimic various other gastrointestinal disorders, making early diagnosis challenging. Common indications include jaundice, abdominal pain, unexplained weight loss, changes in stool and urine color, itching, etc. As the tumors progress, they can obstruct bile flow, leading to the aforementioned symptoms and potential complications. The diagnosis of biliary tract neoplasms involves a combination of imaging techniques, such as ultrasound, computed tomography scans, magnetic resonance imaging (MRI), and endoscopic retrograde cholangiopancreatography (ERCP). Tissue samples for a definitive diagnosis are obtained through procedures like fine-needle aspiration (FNA) or tissue biopsy. Additionally, blood tests measuring liver function and tumor markers are also recommended for patients.
The escalating prevalence of chronic inflammation of the bile ducts, that can cause cellular damage and promote the development of abnormal cells, is primarily driving the biliary tract neoplasms market. In addition to this, the inflating utilization of efficacious therapeutic interventions, including surgical resections, chemotherapy, and radiation, designed to effectively manage the ailment and impede its progression, is also creating a positive outlook for the market. Moreover, the widespread adoption of supportive therapies and palliative care options aimed at enhancing the quality of life for patients by mitigating symptoms and addressing discomfort is further bolstering the market growth. Apart from this, the rising usage of minimally invasive procedures like laparoscopy and endoscopic interventions, which offer reduced postoperative complications and quicker recovery periods, is acting as another significant growth-inducing factor. Additionally, the emerging popularity of immunotherapies and targeted therapies, since they harness the body's immune response to combat neoplastic growth in individuals suffering from the illness, is also augmenting the market growth. Furthermore, the ongoing research in the field of molecular biology, including the launch of gene therapy approaches that aim at introducing or modifying genetic material within cells to inhibit the growth of cancerous cells, is expected to drive the biliary tract neoplasms market during the forecast period.
IMARC Group's new report provides an exhaustive analysis of the biliary tract neoplasms market in the United States, EU4 (Germany, Spain, Italy, and France), United Kingdom, and Japan. This includes treatment practices, in-market, and pipeline drugs, share of individual therapies, market performance across the seven major markets, market performance of key companies and their drugs, etc. The report also provides the current and future patient pool across the seven major markets. According to the report, the United States has the largest patient pool for biliary tract neoplasms and also represents the largest market for its treatment. Furthermore, the current treatment practice/algorithm, market drivers, challenges, opportunities, reimbursement scenario, unmet medical needs, etc., have also been provided in the report. This report is a must-read for manufacturers, investors, business strategists, researchers, consultants, and all those who have any kind of stake or are planning to foray into the biliary tract neoplasms market in any manner.
Durvalumab (Imfinzi), a therapeutic human monoclonal antibody that binds to and inhibits the activity of the immunosuppressive programmed death-ligand 1 (PD-L1) protein, is approved in the United States, the European Union, Japan, and other countries in combination with gemcitabine and cisplatin for adults with advanced biliary tract cancer.
CAN04, an antibody, targets the interleukin-1 receptor accessory protein (IL1RAP) and inhibits IL-1α and IL-1β signaling. As a result, CAN04 can counteract the IL-1 system's contribution to the immune-suppressive tumor microenvironment and the development of chemotherapy resistance. CAN04 is being examined in two clinical trials.
AVA-6000 is under clinical development by Avacta Life Sciences for metastatic biliary tract cancer. The medication candidate is an affirmer coupled with pro-doxorubicin. It operates by targeting FAP. The medication candidate is being developed using Tufts technology and pre|CISION technology. It is delivered via the intravenous method.
Time Period of the Study
Countries Covered
Analysis Covered Across Each Country
This report also provides a detailed analysis of the current biliary tract neoplasms marketed drugs and late-stage pipeline drugs.
In-Market Drugs
Late-Stage Pipeline Drugs
Drugs | Company Name |
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Imfinzi (Durvalumab) | Celgene/MedImmune |
Lytgobi (Futibatinib) | Taiho Oncology/Taiho Pharmaceutical |
Pemazyre (Pemigatinib) | Incyte Corporation |
Tibsovo (Ivosidenib) | Servier |
CAN04 | Cantargia AB |
AVA6000 | Avacta Life Sciences |
*Kindly note that the drugs in the above table only represent a partial list of marketed/pipeline drugs, and the complete list has been provided in the report.
Market Insights
Epidemiology Insights
Biliary Tract Neoplasms: Current Treatment Scenario, Marketed Drugs and Emerging Therapies