Cholangiocarcinoma Market size is expected to surpass USD 1.3 Billion by the end of 2036, growing at a CAGR of 4% during the forecast period, i.e., 2024-2036. In the year 2023, the industry size of cholangiocarcinoma was over USD 800 Million. The growth of the market is due to growing infections like liver fluke which will drive market demand. In more than 70 nations across the world, at least 2.4 million individuals are infected and several million more are at danger, particularly in areas where sheep or cattle are raised.
Also, increasingly, combination therapy and the necessity for medications with low side effects are some of the factors projected to propel market expansion. In addition to these, in an effort to enhance the state of cancer therapy, numerous new initiatives are being launched. Numerous studies are being conducted to discover cancer medications and other essentials in order to facilitate treatment for patients. As a result, hospitals and clinics are providing cancer patients with more modern healthcare options, which is creating a lot of growth potential for the cholangiocarcinoma market.
Author Credits: Radhika Pawar
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