Biliary Catheters Market Size was valued at USD 2.89 Billion in 2023. The Global Biliary Catheters industry is projected to grow from USD 3.11 Billion in 2024 to USD 5.98 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 7.98% during the forecast period (2024 - 2032).
A biliary drain is a tube to drain bile from your liver. This skilled procedure is performed by an interventional radiologist. The tube or catheter is placed through the skin and into the liver. The device used for drainage is also called a biliary stent or biliary catheter. Treatment of diseases such as liver cirrhosis and cholangitis level are majorly performed by biliary catheter and are expected to drive the growth of the market.
Factors such as high cost associated with catheter surgeries are limiting the growth of the market. For instance, according to the report published by the Centers for Disease Control and Prevention (CDC) 2014, it was observed that nearly 5% of cases of the urinary tract infection were associated with catheters. Moreover, major companies in the market are involved in new product launches to strengthen their position in the market.
The biliary catheters market is segmented on the basis of type, application, and end user.
The biliary catheters market by type is categorized into multi-purpose drainage, multi-purpose drainage sump catheter, biliary drainage catheter, nephrostomy catheter, ureteral stent, and others.
Based on Application, the biliary catheters market is segmented into thrombectomy, drainage, occlusion, infusion, aspirating, dialysis, diagnostic, monitoring, stent delivery, and dilatation.
On the basis of end user, the market is segmented into clinics, hospital, and others.
On the basis of region, the biliary catheters market is segmented into the Americas, Europe, Asia-Pacific, and the Middle East and Africa. The Americas is sub-segmented into North America and Latin America. The North American region is further segmented into the US and Canada. The European region is divided into two, namely, Western Europe and Eastern Europe. Western Europe is further classified into Germany, Italy, France, the UK, Spain, and the rest of Western Europe. The Asia-Pacific region is sub-segmented into Japan, China, India, Australia, South Korea, and the rest of Asia-Pacific. The biliary catheters market in the Middle East and Africa has been segmented into the Middle East and Africa.
Some of the key players in the biliary catheters market are:
It is projected that the Americas dominated the biliary catheters market owing to the growth of the market in the North American region. This is largely attributed to factors such as well-established healthcare infrastructure and the increase in adoption of surgical catheter systems across various healthcare settings will support market growth in this region.
Europe is expected to hold the second largest share in the biliary catheters market owing to the introduction of advanced robot-assisted laparoscopic procedures and quality of treatment of existing and new medical indications.
Asia-Pacific was projected to be the fastest growing region for the biliary catheters market. With the growth of the overall minimal invasive surgeries (MIS) in the region headed by technology giants like Japan and China, the availability of catheters has also increased. The Middle East and Africa holds the least share in the biliary catheters market due to the presence of economically diverse countries, and fewer initiatives taken by the government.
Biliary Catheters Market, by Type
Biliary Catheters Market, by Application
Biliary Catheters Market, by End User
Biliary Catheters Market, by Region
Biliary Catheters Market, Key Players
Intended Audience
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