Biliary Interventional Radiology Devices Market Size & Share, by Type (Biliary Stents, Drainage Catheters, Guidewires, Balloons, Sheaths, Cannulas, Biopsy Devices); Procedure; Material; Application; End user; Technology - SWOT Analysis, Competitive Strategic Insights, Regional Trends 2025-2034

  • Report ID: 3162
  • Published Date: Jul 14, 2025
  • Report Format: PDF, PPT

Biliary Interventional Radiology Devices Market Outlook:

Biliary Interventional Radiology Devices Market size was valued at USD 455.2 million in 2024 and is projected to reach USD 742.7 million by the end of 2034, rising at a CAGR of 5.3% during the forecast period, 2025-2034. In 2025, the industry size of biliary interventional radiology devices is estimated at USD 480.2 million.

The reimbursement data for Medicare in the U.S. shows that procedures associated with biliary interventional radiology have undergone adjustments in costs. There has been a reported mean decrease of USD 21.3 per procedure related to the biliary interventional radiology, showing modest downward pressure. Likewise, CPI and PPI figures for supplies and equipment are embedded within broader healthcare indices for the equipment. The data published by the National Institutes of Health shows that almost 20.1 million Americans annually suffer from biliary diseases. The data shows that the patient pool needing such devices is surging significantly.

The supply chain is vulnerable and faces regulations from stringent regulations on medical devices.  These devices are supposed to clear FDA examinations and are supplemented by precise marking of the labeling of the country. Also, there is a huge investment in research and development for these devices, garnering funding of USD 681 million in 2023. Also, trade dynamics illustrate that the total value of imports of biliary devices in the U.S. is almost USD 1.1 billion. Countries are focusing on supply chain resilience, with the country-wise stockpiling of crucial components surging by 12.1% from 2021.

Biliary-Interventional-Radiology-Devices-Market-Size
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Growth Drivers

  • Healthcare quality improvement and cost effectiveness: A study conducted by the Agency for Healthcare Research and Quality in 2022 stated that early-stage interventions using advanced radiology biliary devices resulted in an 18.2% lower hospitalization rate, saving a projected USD 1.3 billion in U.S. healthcare. The adoption of minimally invasive procedures has become more frequent to reduce the complication rates. Research Nester estimates that these protocols have resulted in 23.3% fewer readmissions compared to conventional surgical methods. Additionally, the Society of Interventional Radiology has adopted quality standards for biliary interventions.
  • Rising preference for the minimally invasive treatment: There has been a rise in the adoption of minimally invasive procedures, as it is helpful in lowering hospital stays and saving costs. Additionally, stent placement and Percutaneous transhepatic cholangiography (PTC) have now become standard therapies after the failure of ERCP, fostering the demand for significant IR systems. There has been a surge in demand for minimally invasive techniques to allow the short stay treatment to lower the healthcare costs. Various ambulatory surgical centers are adopting biliary interventional radiology devices.
  • Surge in technology adoption: The surge in adoption of advanced imaging and minimally invasive technologies is significantly fueling the growth of the market. The modern suites now include a hybrid C-arm fluoroscopy. This helps in enabling 3D visualization for conducting intricate biliary procedures such as drainage and stent placement. The inclusion of AI leads to real-time localization and accurate optimization of the catheter navigation. Also, the next generation of biliary stents is preferred due to better biocompatibility and reduced migration. The cloud-based image management systems allow for the remote review and decision-making.

Historical Patient Growth in Biliary IR Device Usage (2010–2020)

Country

2010 Patients (Million)

2020 Patients (Million)

Growth (%)

CAGR (%)

USA

0.67

1.04

54.4%

4.43%

Germany

0.22

0.37

65.2%

5.13%

France

0.18

0.31

63.2%

5.01%

Spain

0.15

0.23

64.3%

5.07%

Australia

0.11

0.18

63.6%

5.02%

Japan

0.34

0.56

60.0%

4.81%

India

0.43

0.89

111.8%

7.76%

China

0.62

1.32

116.4%

8.00%

Feasibility Models for Market Expansion

Country

Model Adopted

Period

Outcome

India

Public-private provider partnerships

2022–24

+12% revenue for suppliers

USA

CMS IR reimbursement update

2023

+9.3% device claims under Medicare

Germany

Device leasing via sickness funds

2021–24

+10% IR suite installations

Australia

Federal IR upgrade grants

2020–22

+8.4% increase in device procurement

China

Tier-2 city procurement subsidies

2021–23

+15.6% biliary device volume

Challenges

  • Government-imposed pricing caps and reimbursement barriers: Governments in a plethora of countries are imposing price caps on medical devices to control healthcare costs, restricting the profit yield for manufacturers. For instance, European countries such as France and Germany are utilizing reference pricing, compelling companies make compliance with the regional benchmarks.
  • Strict regulatory approval delays: The stringent and lengthy approval from the FDA, CE Mark, etc., causes delays for market entry. For example, in 2022, Olympus Corporation faced a 6-month delay in Japan owing to the Pharmaceuticals and Medical Devices Agency safety review process.

Biliary Interventional Radiology Devices Market Size and Forecast:

Report Attribute Details

Base Year

2024

Forecast Year

2025-2034

CAGR

5.3%

Base Year Market Size (2024)

USD 455.2 million

Forecast Year Market Size (2034)

USD 742.7 million

Regional Scope

  • North America (U.S., and Canada)
  • Asia Pacific (Japan, China, India, Indonesia, Malaysia, Australia, South Korea, Rest of Asia Pacific)
  • Europe (UK, Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Latin America (Mexico, Argentina, Brazil, Rest of Latin America)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)

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Biliary Interventional Radiology Devices Market Segmentation:

Type Segment Analysis

The biliary stents segment is projected to garner 31.5% market share by 2034, owing to their high usability in managing benign obstructions and malignancies. According to the National Institute of Health, the usage of biliary stenting remarkably enhances the survival rate of unresectable cholangiocarcinoma patients. The adoption in the inpatient and outpatient settings is also increasing due to increased reimbursement support for the drug-eluting as well as metallic stents under the Medicare policies. Also, there is a huge investment in research and development in making biodegradable stents, further fueling the segment's growth.

End User Segment Analysis

The hospital segment is anticipated to gather a 45.2% share by 2034. The segment growth can be attributed to the accessibility of hospitals to state-of-the-art IR suites. According to the Agency for Healthcare Research and Quality, various hospitals have included quality improvement initiatives, such as image-guided biliary intervention, as a standard for high-risk cases. The procurement of the device is made possible via public tenders to ensure long-lasting growth and cost efficiency. Hospitals are hiring specialized interventional radiologists to give adequate treatment to the patients.

Our in-depth analysis of the global biliary interventional radiology devices market includes the following segments: 

Segment

Subsegments

Type

  • Biliary Stents
  • Drainage Catheters
  • Guidewires
  • Balloons
  • Sheaths
  • Cannulas
  • Biopsy Devices

Procedure

  • Percutaneous Transhepatic Cholangiography (PTC)
  • Percutaneous Transhepatic Biliary Drainage (PTBD)
  • Stent Placement (Self & Balloon Expandable)
  • Biliary Biopsy via IR
  • Tumor Ablation (Microwave or Radiofrequency)

Material

  • Nitinol
  • PTFE
  • Stainless Steel
  • Silicone
  • Polyurethane

Applications

  • Malignant Biliary Obstruction
  • Benign Biliary Strictures
  • Bile Leak & Fistula Management
  • Stone Extraction Assistance
  • Palliative Cancer Care

End user

  • Hospitals
  • Ambulatory Surgical Centers (ASCs)
  • Cancer Treatment Centers
  • Specialty Radiology Clinics

Technology

  • Fluoroscopic-Guided Systems
  • CT-Guided Devices
  • Ultrasound-Guided Systems
  • CBCT Hybrid Navigation Tools
Vishnu Nair
Vishnu Nair
Head - Global Business Development

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Biliary Interventional Radiology Devices Market - Regional Analysis

North America Market Insights 

The North America market is projected to garner 38.1% of the revenue share by 2034, owing to the widespread expansion of Medicare and Medicaid coverage and increasing cases of hepatobiliary diseases. Hospitals are including AI-enabled imaging, CBCT-assisted IR suites, and biodegradable stents. In the U.S., the market is experiencing sturdy growth fostered by a surge in the prevalence of hepatobiliary disorders and an exponential demand for minimally invasive procedures. According to the National Institute of Health in 2023, the federal government has allocated USD 5.1 billion for the biliary interventions.

The market in Canada is thriving, primarily driven by the rising usage of interventional therapies and increasing government investment. The Health Canada in 2023 has allocated USD 3.1 billion to biliary interventions. The increment in the funding aligns with the national health priorities, focusing on a reduction in the wait time and widespread expansion in the image-guided procedures. As reported by the Ontario Ministry of Health, the government has supported more than 200,100 patients per year. The market in the country is also driven by the implementation of a combined health strategy and robust public funding.

Asia Pacific Market Insights

The market in Asia Pacific is poised to garner a CAGR of 8.2% during 2025-2034, driven by rising efforts from the government for healthcare advancements and rapid technological adoption. In China, the government is supporting the inclusion of advanced medical technologies, further propelling the market growth. According to the National Cancer Center in 2024, liver and gallbladder cancers are the top ten most common cancers. Also, gallstones affect over 10.1% of adults in the country, with a surge in cases owing to changes in dietary habits.

The market in India is also growing rapidly with rising advancements in healthcare initiatives. There has been a rise in incidences of biliary diseases. According to the Indian Council of Medical Research in 2023, gallbladder cancer is the most common type of biliary tract cancer in the country. Under the National Health Authority 2024, the Ayushman Bharat Pradhan Mantri Jan Arogya Yojana covers biliary stenting. The National Health Authority in 2024 stated that Ayushman Bharat has given 60.1 million hospital admissions.

Latest Developments & Government Initiatives: Biliary Interventional Radiology Devices (2023–2025)

Country

Latest Developments

Government Initiatives

Japan

Nationwide upgrade of interventional radiology suites across public hospitals

MHLW allocated 12% of the healthcare budget in 2024

 

Indonesia

Introduction of fluoroscopy-guided biliary drainage in tertiary hospitals

The Ministry of Health launched “Smart Hospital 2025,” including IR tech investments

Malaysia

Major public-private partnerships for biliary device trials

Government funding for Biliary IR Devices rose by 20% (2013–2023)

Australia

Increasing use of biodegradable stents and hybrid IR-surgical systems

Medicare extended coverage for biliary procedures (2023)

South Korea

Deployment of robotic catheter navigation systems 

MOHW supports digital IR infrastructure and hospital equipment upgrades

Europe Market Insights

The biliary interventional radiology devices market in Europe is witnessing sturdy growth, bolstered by increasing incidences of hepatobiliary diseases. Various EU-backed funding programs are supporting interventional healthcare infrastructure. The data published by the European Health Data Space stated that USD 2.6 billion has been spent in recent years. In the UK, the demand is witnessing steady growth due to a surge in the burden of liver-associated diseases. According to NHS England, between 2021 and 2023, more than 2.1 million biliary procedures were conducted.

Additionally, Germany is also maintaining its place as the largest market in the region, as there is a surge in the integration of AI and various robotic navigation systems. Local players are including state-of-the-art robot-assisted IR procedures to render upscaled treatment. According to the Federal Ministry of Health in Germany in 2023, the Digital Healthcare Act strengthens advanced IR techniques in hospitals. The strong reimbursement policies from the government, coupled with a rising aging population, are promoting the market growth in the country.

Key Data & Initiatives by Countries in Europe

Country/Region

Government Spending & Budget Allocation

Latest Initiatives / Trends

France

7% of healthcare budget in 2023 (↑ from 5.5% in 2021)

AI-supported biliary imaging endorsed by HAS

Italy

~6.5% of national health budget toward diagnostic/interventional radiology (est. 2023)

AIFA fast-tracks approval for IR technologies

Spain

~6% of the healthcare budget allocated to IR and imaging in 2023

AEMPS supports centralized device registration & training

Russia

MoH budget includes ~5% for advanced diagnostics and radiology equipment

Local production of biliary catheters encouraged

NORDIC (e.g., Sweden, Norway, Denmark)

~7–8% of healthcare budgets are dedicated to minimally invasive imaging & radiology

E-health integration for radiology decision-making

Rest of Europe

Varies by country (average 5–6.5% of healthcare budget for radiology)

Centralized radiology registries and tele-radiology investments

Biliary-Interventional-Radiology-Devices-Market-Share
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Key Biliary Interventional Radiology Devices Market Players:

     

    The competitive landscape of the biliary interventional radiology devices market is rapidly evolving as established key players, healthcare giants, and new entrants are investing in including novel medicines. Key players in the market are focused on developing new technologies and products that cater to the stringent regulatory norms and consumer demand.  These key players are adopting several strategies, such as mergers and acquisitions, joint ventures, partnerships, and novel product launches, to enhance their product base and strengthen their market position.

    Top 20 Global Manufacturers in the Biliary Interventional Radiology Devices Market:

    Company Name

    Country of Origin

    2024 Market Share

    Boston Scientific

    USA

    14.1%

    Cook Medical

    USA

    11.2%

    Medtronic

    USA

    9.2%

    Terumo Corporation

    Japan

    6.3%

    Olympus Corporation

    Japan

    5.9%

    Becton, Dickinson and Company (BD)

    USA

    xx%

    Merit Medical Systems

    USA

    xx%

    AngioDynamics

    USA

    xx%

    Stryker Corporation

    USA

    xx%

    Abbott Laboratories

    USA

    xx%

    B. Braun Melsungen AG

    Germany

    xx%

    Siemens Healthineers

    Germany

    xx%

    Philips Healthcare

    Netherlands

    xx%

    Fujifilm Holdings Corporation

    Japan

    xx%

    Micro-Tech Endoscopy

    Germany

    xx%

    Nipro Corporation

    Japan

    xx%

    Jindal Medical & Scientific Instruments

    India

    xx%

    Samyang Biopharmaceuticals

    South Korea

    xx%

    Cook Asia (Cook Medical Subsidiary)

    Malaysia

    xx%

    Device Technologies

    Australia

    xx%

    Below are the areas covered for each company in the biliary interventional radiology devices market:

    • Company Overview
    • Business Strategy
    • Key Product Offerings
    • Financial Performance
    • Key Performance Indicators
    • Risk Analysis
    • Recent Development
    • Regional Presence
    • SWOT Analysis

Recent Developments

  • In March 2024, Boston Scientific launched the Next Generation Biliary Stent called the VisiPro biliary stent system. The product is designed for enhanced flexibility and radiopacity in intricate biliary obstructions. The market has achieved 15.1% higher sales in Europe after the launch.
  • In May 2024, Cook Medical launched an AI-enabled biliary drainage catheter having a smart track. The product integrates real-time AI guidance for precise placement, lowering the procedure time by 21%. The launch of the product captured 8.1% additional market share in Germany.  
  • Report ID: 3162
  • Published Date: Jul 14, 2025
  • Report Format: PDF, PPT

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Frequently Asked Questions (FAQ)

Biliary Interventional Radiology Devices Market size is projected to witness lucrative growth rate during the forecast period i.e., between 2025-2034.

Rising occurrence of cancer, chronic diseases and increasing elderly population will drive the market growth.

Asia Pacific industry is estimated to hold largest revenue share by 2037, owing to increased spending by governmental and non-governmental agencies on improving healthcare infrastructure in the region.

The major players in the market are GE Healthcare (General Electric Company), Siemens Healthcare GmBH, Toshiba Medical Systems Corporation, Hitachi Medical Corporation, Carestream Health, Inc., Esaote S.p.A, Hologic, Inc., Fujifilm Corporation, Samsung Medison, among others.
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Radhika Pawar
Radhika Pawar
Senior Research Analyst
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