Description
Global Closed System Drug Transfer Device (CSTD) Market Research Report – Forecast till 2027
Market Overview
The CAGR for the closed system drug transfer devices market is projected to be 19.10% until 2027. The market esteem is projected to be USD 8.95 billion by 2027.
Closed system drug transfer devices are important for specialists since they safeguard them from coincidentally being infused with hazardous drugs. These devices transfer unsafe drugs and their fumes into another system where they are entangled and can’t influence individuals.
The closed system drug transfer devices market is encountering an extremely high CAGR predominantly considering the fast expansion in disease cases. As individuals live longer, they are bound to get malignant growth as they age. Additionally, many individuals smoked in their more youthful years. This can and causes different sorts of malignant growth as they age.
The closed system drug transfer devices market esteem is supposed to be USD 1.62 billion every 2027. The CAGR for this market is projected to be 20.27%. This is principally ascribed to areas of strength in a few market fragments.
The closed system drug transfer devices market has not had many restrictions. One of the primary factors that are keeping down development is the high predominance of clinical devices that either doesn’t fill in as well as they ought to or don’t function as they were intended to. A significant number of these devices will generally spill out hazardous and strong drugs too. At long last, openness to these drugs can make medical care laborers become fruitless rapidly.
Segment Overview
The global closed system drug transfer device market is classified in terms of system, application, and end user.
The closed system drug transfer devices market can be divided into the following sub-segments based on application Nursing, Pharmacy, and Veterinary. The closed-system drug transfer devices market can be divided into the following sub-segments based on end-user Distribution channel
Regional analysis
The North American district has the prevailing market share in the closed-system drug transfer devices market. America overwhelms as far as market share around here. The explanation is that it has a developed and mind-boggling/complex medical services system. Its emergency clinics are likewise a portion of the dominates on the planet. This country likewise burns through huge amount of cash on public and confidential medical services. It likewise has probably the best examination offices on the planet with regards to medication and clinical consideration.
The development rate in the Asia-Pacific district won’t be major areas of strength for as on the grounds that the closed-system drug transfer devices market isn’t vigorously controlled. Likewise, the states in most Asian countries don’t focus on medical services spending, however their spending on medical services has expanded considerably lately.
Major Companies
The major players in the closed system drug transfer devices market include Becton – USA, Dickinson, and Company (U.S.), Teva Pharmaceutical Industries Ltd. (Israel), Equashield LLC (U.S.), ICU Medical Inc. (U.S.), Yukon Medical (U.S.), and Corvida Medical (U.S.)
COVID 19 Impacts
We are continuously tracking the impact of the COVID-19 pandemic on various industries and verticals within all domains. Our research reports include the same and help you understand the drop and rise, owing to the impact of COVID-19 on the industries. Also, we help you to identify the gap between the demand and supply of your interested market. Moreover, the report helps you with the analysis, amended government regulations, and many other useful insights.
Table of Contents
TABLE OF CONTENT
1 REPORT PROLOGUE
2 MARKET INTRODUCTION
2.1 INTRODUCTION 15
2.2 ASSUMPTIONS & LIMITATIONS 15
2.2.1 ASSUMPTIONS 15
2.2.2 LIMITATIONS 15
2.3 MARKET STRUCTURE 15
3 RESEARCH METHODOLOGY
3.1 RESEARCH PROCESS 17
3.2 PRIMARY RESEARCH 18
3.3 SECONDARY RESEARCH 19
3.4 MARKET SIZE ESTIMATION 19
3.5 FORECAST MODEL 20
4 MARKET DYNAMICS
4.1 INTRODUCTION 22
4.2 DRIVERS 23
4.2.1 RISING PREVALENCE OF CANCER CASES 23
4.2.2 INCREASED RISK OF EXPOSURE TO HAZARDOUS DRUGS FOR HEALTHCARE PERSONNEL 23
4.2.3 SEVERAL SAFETY GUIDELINES AND LEGISLATION FOR THE USE OF CSTD 23
4.3 RESTRAINTS 24
4.3.1 HIGH COST 24
4.3.2 ADVERSE EVENTS AND STATUTORY WARNING BY FDA FOR THE USE OF CSTD 24
4.4 OPPORTUNITY 24
4.4.1 EMERGING MARKETS OF CSTD 24
5 MARKET FACTOR ANALYSIS
5.1 PORTER’S FIVE FORCES ANALYSIS 26
5.1.1 BARGAINING POWER OF SUPPLIERS 26
5.1.2 BARGAINING POWER OF BUYERS 27
5.1.3 THREAT OF NEW ENTRANTS 27
5.1.4 THREAT OF SUBSTITUTES 27
5.1.5 INTENSITY OF RIVALRY 27
5.2 SUPPLY CHAIN ANALYSIS 27
5.2.1 R&D 28
5.2.2 MANUFACTURING 28
5.2.3 DISTRIBUTION 28
5.2.4 MARKETING & SALES 28
5.2.5 POST-SALES MONITORING 28
5.3 INVESTMENT OPPORTUNITIES 28
5.4 PRICING ANALYSIS 29
5.5 MARKETING CHANNEL 29
5.5.1 DIRECT MARKETING 29
5.5.2 INDIRECT MARKETING 29
5.6 REGULATORY AFFAIRS 29
5.7 COST OF PRODUCTION ANALYSIS 30
5.7.1 RAW MATERIAL COST ANALYSIS 31
5.7.2 TECHNOLOGY COST ANALYSIS 31
5.7.3 LABOR COST ANALYSIS 31
6 CLOSED SYSTEM DRUG TRANSFER DEVICE (CSTD) MARKET, BY TYPE
6.1 OVERVIEW 33
6.1.1 INTRODUCTION 33
6.1.2 BARRIER-TYPE 35
6.1.3 FILTRATION-TYPE 35
7 CLOSED SYSTEM DRUG TRANSFER DEVICE (CSTD) MARKET, BY DELIVERY
7.1 OVERVIEW 37
7.1.1 INTRODUCTION 37
7.1.2 CLOSED BAG/LINE ACCESS DEVICES 39
7.1.3 CLOSED VIAL ACCESS DEVICES 39
7.1.4 CLOSED SYRINGE SAFETY DEVICES 40
8 CLOSED SYSTEM DRUG TRANSFER DEVICE (CSTD) MARKET, BY END USER
8.1 OVERVIEW 42
8.1.1 INTRODUCTION 42
8.1.2 SPECIALTY CENTERS 43
8.1.3 HOSPITALS & CLINICS 44
9 GLOBAL CLOSED SYSTEM DRUG TRANSFER DEVICE (CSTD) MARKET, BY REGION
9.1 INTRODUCTION 46
9.2 AMERICAS 48
CLOSED SYSTEM DRUG TRANSFER DEVICE (CSTD) MARKET, BY TYPE
CLOSED SYSTEM DRUG TRANSFER DEVICE (CSTD) MARKET, BY DELIVERY
CLOSED SYSTEM DRUG TRANSFER DEVICE (CSTD) MARKET, BY END USER
9.2.1 NORTH AMERICA 50
CLOSED SYSTEM DRUG TRANSFER DEVICE (CSTD) MARKET, BY TYPE
CLOSED SYSTEM DRUG TRANSFER DEVICE (CSTD) MARKET, BY DELIVERY
CLOSED SYSTEM DRUG TRANSFER DEVICE (CSTD) MARKET, BY END USER
9.2.1.1 US 52
CLOSED SYSTEM DRUG TRANSFER DEVICE (CSTD) MARKET, BY TYPE
CLOSED SYSTEM DRUG TRANSFER DEVICE (CSTD) MARKET, BY DELIVERY
CLOSED SYSTEM DRUG TRANSFER DEVICE (CSTD) MARKET, BY END USER
9.2.1.2 CANADA 53
CLOSED SYSTEM DRUG TRANSFER DEVICE (CSTD) MARKET, BY TYPE
CLOSED SYSTEM DRUG TRANSFER DEVICE (CSTD) MARKET, BY DELIVERY
CLOSED SYSTEM DRUG TRANSFER DEVICE (CSTD) MARKET, BY END USER
9.2.1.3 MEXICO 55
CLOSED SYSTEM DRUG TRANSFER DEVICE (CSTD) MARKET, BY TYPE
CLOSED SYSTEM DRUG TRANSFER DEVICE (CSTD) MARKET, BY DELIVERY
CLOSED SYSTEM DRUG TRANSFER DEVICE (CSTD) MARKET, BY END USER
9.2.2 SOUTH AMERICA 56
CLOSED SYSTEM DRUG TRANSFER DEVICE (CSTD) MARKET, BY TYPE
CLOSED SYSTEM DRUG TRANSFER DEVICE (CSTD) MARKET, BY DELIVERY
CLOSED SYSTEM DRUG TRANSFER DEVICE (CSTD) MARKET, BY END USER
9.2.2.1 BRAZIL 57
CLOSED SYSTEM DRUG TRANSFER DEVICE (CSTD) MARKET, BY TYPE
CLOSED SYSTEM DRUG TRANSFER DEVICE (CSTD) MARKET, BY DELIVERY
CLOSED SYSTEM DRUG TRANSFER DEVICE (CSTD) MARKET, BY END USER
9.2.2.2 REST OF SOUTH AMERICA 58
CLOSED SYSTEM DRUG TRANSFER DEVICE (CSTD) MARKET, BY TYPE
CLOSED SYSTEM DRUG TRANSFER DEVICE (CSTD) MARKET, BY DELIVERY
CLOSED SYSTEM DRUG TRANSFER DEVICE (CSTD) MARKET, BY END USER
9.3 EUROPE 60
CLOSED SYSTEM DRUG TRANSFER DEVICE (CSTD) MARKET, BY TYPE
CLOSED SYSTEM DRUG TRANSFER DEVICE (CSTD) MARKET, BY DELIVERY
CLOSED SYSTEM DRUG TRANSFER DEVICE (CSTD) MARKET, BY END USER
9.3.1 WESTERN EUROPE 62
CLOSED SYSTEM DRUG TRANSFER DEVICE (CSTD) MARKET, BY TYPE
CLOSED SYSTEM DRUG TRANSFER DEVICE (CSTD) MARKET, BY DELIVERY
CLOSED SYSTEM DRUG TRANSFER DEVICE (CSTD) MARKET, BY END USER
9.3.1.1 GERMANY 64
CLOSED SYSTEM DRUG TRANSFER DEVICE (CSTD) MARKET, BY TYPE
CLOSED SYSTEM DRUG TRANSFER DEVICE (CSTD) MARKET, BY DELIVERY
CLOSED SYSTEM DRUG TRANSFER DEVICE (CSTD) MARKET, BY END USER
9.3.1.2 FRANCE 65
CLOSED SYSTEM DRUG TRANSFER DEVICE (CSTD) MARKET, BY TYPE
CLOSED SYSTEM DRUG TRANSFER DEVICE (CSTD) MARKET, BY DELIVERY
CLOSED SYSTEM DRUG TRANSFER DEVICE (CSTD) MARKET, BY END USER
9.3.1.3 UK 66
CLOSED SYSTEM DRUG TRANSFER DEVICE (CSTD) MARKET, BY TYPE
CLOSED SYSTEM DRUG TRANSFER DEVICE (CSTD) MARKET, BY DELIVERY
CLOSED SYSTEM DRUG TRANSFER DEVICE (CSTD) MARKET, BY END USER
9.3.1.4 ITALY 68
CLOSED SYSTEM DRUG TRANSFER DEVICE (CSTD) MARKET, BY TYPE
CLOSED SYSTEM DRUG TRANSFER DEVICE (CSTD) MARKET, BY DELIVERY
CLOSED SYSTEM DRUG TRANSFER DEVICE (CSTD) MARKET, BY END USER
9.3.1.5 SPAIN 69
CLOSED SYSTEM DRUG TRANSFER DEVICE (CSTD) MARKET, BY TYPE
CLOSED SYSTEM DRUG TRANSFER DEVICE (CSTD) MARKET, BY DELIVERY
CLOSED SYSTEM DRUG TRANSFER DEVICE (CSTD) MARKET, BY END USER
9.3.1.6 REST OF WESTERN EUROPE 70
CLOSED SYSTEM DRUG TRANSFER DEVICE (CSTD) MARKET, BY TYPE
CLOSED SYSTEM DRUG TRANSFER DEVICE (CSTD) MARKET, BY DELIVERY
CLOSED SYSTEM DRUG TRANSFER DEVICE (CSTD) MARKET, BY END USER
9.3.2 EASTERN EUROPE 72
CLOSED SYSTEM DRUG TRANSFER DEVICE (CSTD) MARKET, BY TYPE
CLOSED SYSTEM DRUG TRANSFER DEVICE (CSTD) MARKET, BY DELIVERY
CLOSED SYSTEM DRUG TRANSFER DEVICE (CSTD) MARKET, BY END USER
9.4 ASIA-PACIFIC 74
CLOSED SYSTEM DRUG TRANSFER DEVICE (CSTD) MARKET, BY TYPE
CLOSED SYSTEM DRUG TRANSFER DEVICE (CSTD) MARKET, BY DELIVERY
CLOSED SYSTEM DRUG TRANSFER DEVICE (CSTD) MARKET, BY END USER
9.4.1 CHINA 76
CLOSED SYSTEM DRUG TRANSFER DEVICE (CSTD) MARKET, BY TYPE
CLOSED SYSTEM DRUG TRANSFER DEVICE (CSTD) MARKET, BY DELIVERY
CLOSED SYSTEM DRUG TRANSFER DEVICE (CSTD) MARKET, BY END USER
9.4.2 INDIA 78
CLOSED SYSTEM DRUG TRANSFER DEVICE (CSTD) MARKET, BY TYPE
CLOSED SYSTEM DRUG TRANSFER DEVICE (CSTD) MARKET, BY DELIVERY
CLOSED SYSTEM DRUG TRANSFER DEVICE (CSTD) MARKET, BY END USER
9.4.3 JAPAN 79
CLOSED SYSTEM DRUG TRANSFER DEVICE (CSTD) MARKET, BY TYPE
CLOSED SYSTEM DRUG TRANSFER DEVICE (CSTD) MARKET, BY DELIVERY
CLOSED SYSTEM DRUG TRANSFER DEVICE (CSTD) MARKET, BY END USER
9.4.4 AUSTRALIA 81
CLOSED SYSTEM DRUG TRANSFER DEVICE (CSTD) MARKET, BY TYPE
CLOSED SYSTEM DRUG TRANSFER DEVICE (CSTD) MARKET, BY DELIVERY
CLOSED SYSTEM DRUG TRANSFER DEVICE (CSTD) MARKET, BY END USER
9.4.5 SOUTH KOREA 82
CLOSED SYSTEM DRUG TRANSFER DEVICE (CSTD) MARKET, BY TYPE
CLOSED SYSTEM DRUG TRANSFER DEVICE (CSTD) MARKET, BY DELIVERY
CLOSED SYSTEM DRUG TRANSFER DEVICE (CSTD) MARKET, BY END USER
9.4.6 INDONESIA 84
CLOSED SYSTEM DRUG TRANSFER DEVICE (CSTD) MARKET, BY TYPE
CLOSED SYSTEM DRUG TRANSFER DEVICE (CSTD) MARKET, BY DELIVERY
CLOSED SYSTEM DRUG TRANSFER DEVICE (CSTD) MARKET, BY END USER
9.4.7 REST OF ASIA-PACIFIC 85
CLOSED SYSTEM DRUG TRANSFER DEVICE (CSTD) MARKET, BY TYPE
CLOSED SYSTEM DRUG TRANSFER DEVICE (CSTD) MARKET, BY DELIVERY
CLOSED SYSTEM DRUG TRANSFER DEVICE (CSTD) MARKET, BY END USER
9.5 MIDDLE EAST AND AFRICA 87
CLOSED SYSTEM DRUG TRANSFER DEVICE (CSTD) MARKET, BY TYPE
CLOSED SYSTEM DRUG TRANSFER DEVICE (CSTD) MARKET, BY DELIVERY
CLOSED SYSTEM DRUG TRANSFER DEVICE (CSTD) MARKET, BY END USER
9.5.1 MIDDLE EAST 89
CLOSED SYSTEM DRUG TRANSFER DEVICE (CSTD) MARKET, BY TYPE
CLOSED SYSTEM DRUG TRANSFER DEVICE (CSTD) MARKET, BY DELIVERY
CLOSED SYSTEM DRUG TRANSFER DEVICE (CSTD) MARKET, BY END USER
9.5.2 AFRICA 90
CLOSED SYSTEM DRUG TRANSFER DEVICE (CSTD) MARKET, BY TYPE
CLOSED SYSTEM DRUG TRANSFER DEVICE (CSTD) MARKET, BY DELIVERY
CLOSED SYSTEM DRUG TRANSFER DEVICE (CSTD) MARKET, BY END USER
10 COMPETITIVE LANDSCAPE
10.1 INTRODUCTION 93
10.2 KEY DEVELOPMENTS 94
11 COMPANY PROFILE
11.1 BECTON, DICKINSON AND COMPANY 97
11.1.1 COMPANY OVERVIEW 97
11.1.2 FINANCIAL OVERVIEW 97
11.1.3 PRODUCTS/SERVICES OFFERED 98
11.1.4 KEY DEVELOPMENTS 98
11.1.5 SWOT ANALYSIS 98
11.1.6 KEY STRATEGIES 99
11.2 TEVA PHARMACEUTICAL INDUSTRIES LTD 100
11.2.1 COMPANY OVERVIEW 100
11.2.2 FINANCIAL OVERVIEW 100
11.2.3 PRODUCTS/SERVICES OFFERED 101
11.2.4 KEY DEVELOPMENTS 101
11.2.5 SWOT ANALYSIS 101
11.2.6 KEY STRATEGIES 101
11.3 EQUASHIELD LLC 102
11.3.1 COMPANY OVERVIEW 102
11.3.2 FINANCIAL OVERVIEW 102
11.3.3 PRODUCTS/SERVICES OFFERED 102
11.3.4 KEY DEVELOPMENTS 102
11.3.5 SWOT ANALYSIS 103
11.3.6 KEY STRATEGIES 103
11.4 ICU MEDICAL INC 104
11.4.1 COMPANY OVERVIEW 104
11.4.2 FINANCIAL OVERVIEW 104
11.4.3 PRODUCTS/SERVICES OFFERED 105
11.4.4 SWOT ANALYSIS 105
11.4.5 KEY DEVELOPMENTS 105
11.4.6 KEY STRATEGIES 105
11.5 YUKON MEDICAL 106
11.5.1 COMPANY OVERVIEW 106
11.5.2 FINANCIAL OVERVIEW 106
11.5.3 PRODUCTS/SERVICES OFFERED 106
11.5.4 SWOT ANALYSIS 106
11.5.5 KEY DEVELOPMENTS 106
11.5.6 KEY STRATEGIES 106
11.6 CORVIDA MEDICAL 107
11.6.1 COMPANY OVERVIEW 107
11.6.2 FINANCIAL OVERVIEW 107
11.6.3 PRODUCTS/SERVICES OFFERED 107
11.6.4 KEY DEVELOPMENTS 107
11.6.5 SWOT ANALYSIS 107
11.6.6 KEY STRATEGIES 107
12 APPENDIX
12.1 DISCUSSION BLUE PRINT 109
Companies Mentioned
Becton – USA, Dickinson, and Company (U.S.), Teva Pharmaceutical Industries Ltd. (Israel), Equashield LLC (U.S.), ICU Medical Inc. (U.S.), Yukon Medical (U.S.), and Corvida Medical (U.S.)
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