Biliary Catheters Market Size, Share, Industry, Forecast and outlook (2024-2031)

Global Biliary Catheters Market Size, Share & Trends Analysis Report By Type(Multi-Purpose Drainage, Multi-Purpose Drainage Sump Catheter, Biliary Drainage Catheter, Nephrostomy Catheter, Ureteral Stent, Others), By Application(Thrombectomy, Drainage, Infusion, Dialysis, Diagnostic, Stent Delivery, Dilatation, Others), By Region (North America, Europe, South America, Asia Pacific, Middle East, and Africa) – Share, Size, Outlook, and Opportunity Analysis, 2024-2031

Biliary Catheters Market Size

The Global Biliary Catheters Market reached US$ 2.43 billion in 2023 and is expected to reach US$ 3.75 billion by 2031, growing at a CAGR of 5.6% during the forecast period 2024-2031.

A biliary catheter is a small flexible, rubber tube placed into the common bile duct, the passageway for the bile to flow from the gallbladder and liver to the duodenum. Biliary catheters act as a drainage channel to remove gallstones lodged in the bile duct, alleviating pain and preventing complications like infection. 

Blockages caused by factors like inflammation, tumors, or scar tissue can be bypassed using a biliary catheter, allowing bile to flow freely and prevent liver damage.  

Biliary Catheters Market Scope

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Biliary Catheters Market Dynamics: Drivers & Restraints

Increasing prevalence of chronic liver diseases

The increasing number of launches of advanced minimally invasive surgery devices and increasing demand for the procedures are expected to drive the market growth. The increasing advanced technological device launches increase interest of the physicians and make them used in a variety of procedures.   

Biliary catheter operations are beneficial for a variety of liver conditions. It is becoming more frequent to have liver illnesses such as gallstones, cholangitis (infection), and bile duct blockages from tumours or inflammation. Mor individuals are in need of procedures including the use of biliary catheters for drainage, diagnosis, and therapy. 

For instance, according to the report by the National Institute of Health in 2023, it is estimated that about 10% to 20% of patients with alcoholic hepatitis are likely to progress to cirrhosis annually, and 10% of the individuals with alcoholic hepatitis have a regression of liver injury with abstinence.

High costs of catheters  

High cost of the catheters and the associated procedures are expected to hinder the market growth. More sophisticated catheters with better features are frequently more expensive.Financial hardships may cause patients to put off getting treatment, which could make their disease worse.

Biliary Catheters Market Segment Analysis

The global biliary catheters market is segmented based on type, application, end-user and region.

Multi-purpose drainage (MPD) biliary catheters segment is expected to dominate the market growth

Multi-purpose drainage (MPD) biliary catheters offer several advantages over traditional biliary catheters, making them a more preferred choice in many cases. Different drainage functions can be programmed for MPD catheters. Different catheter exchanges during a surgery are avoided by the capacity of a single MPD catheter to perform different draining duties. 

There are several MPD catheters that include design elements that help them stay more stable in the bile duct. For surgeries that call for longer-term drainage, this may be advantageous. Although MPD catheters may initially cost a little more than regular catheters, their increased mobility can result in eventual cost savings. Thus, the above factors are expected to drive the segment growth.

Biliary Catheters Market Geographical Analysis

North America is expected to hold a significant position in the biliary catheter market share

North America is expected to hold the dominant position in the market share. This is due to the increasing number of launches of the devices, the increasing prevalence of liver diseases and the presence of a large number of medical device manufacturing companies. 

For instance, according to the updated report by the American Cancer Society, Inc. in 2023, it is estimated that about 8,000 people in the United States are diagnosed with it each year. This includes both intrahepatic (inside the liver) and extrahepatic (outside the liver) bile duct cancers. 

Additionally, according to the report by the National Institute of Health in 2023, it is estimated that in the US, between the ages of 20 and 74, 6.3 million males and 14.2 million women have been reported to have gallbladder disease. Thus, the above factors are expected to drive the market growth in the region and are expected to continue throughout the forecast period.

COVID-19 Impact Analysis On Biliary Catheters Market 

To reduce patient exposure to COVID-19 and conserve resources, numerous hospitals gave priority to essential procedures during the pandemic's peak. Many elective surgeries, especially those involving biliary catheters (ERCP, biliary drainage), were consequently postponed. The need for biliary catheters decreased as a consequence. Worldwide medical equipment supply lines, which included biliary catheters, were disrupted by the pandemic. These catheters were difficult to manufacture and supply some areas due to lockdowns and travel restrictions. This have resulted in shortages and instability in prices. 

Biliary Catheters Market Segmentation

By Type

• Multi-Purpose Drainage Catheter
• Multi-Purpose Drainage Sump Catheter
• Biliary Drainage Catheter
• Nephrostomy Catheter
• Ureteral Stent
• Others  

By Application

• Thrombectomy
• Drainage
• Infusion
• Dialysis
• Diagnostic
• Stent Delivery
• Dilatation
• Others

By End User

• Hospitals  
• Clinics     
• Others    

By Region

• North America
  • U.S.
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Rest of Europe
• South America
  • Brazil
  • Argentina
  • Rest of South America
• Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • Rest of Asia-Pacific
• Middle East and Africa  

Biliary Catheters Market Competitive Landscape

The major global players in the market include Boston Scientific Corporation, Cook Medical, Argon Medical Devices, Angiodynamics, Merit Medical Systems, UreSil, LLC , Mermaid Medical, Becton, Dickinson and Company, Advin Health Care, Terumo India Pvt Ltd among others.

Why Purchase the Report?

• To visualize the global biliary catheters market segmentation based on type, application, end-user and region as well as understand key commercial assets and players.
• Identify commercial opportunities by analyzing trends and co-development. 
• Excel data sheet with numerous data points of biliary catheters market-level with all segments.
• PDF report consists of a comprehensive analysis after exhaustive qualitative interviews and an in-depth study.
• Product mapping available as excel consisting of key products of all the major players.

The global biliary catheters market report would provide approximately 53 tables, 47 figures and 176 pages.

Target Audience 2024

• Manufacturers/ Buyers
• Industry Investors/Investment Bankers
• Research Professionals
• Emerging Companies