Overview

Global Closed System Transfer Devices Market is poised to value over USD 2 billion by 2027 end at a CAGR of over 18% during the forecast period 2020 to 2027.

The rising number of approvals for oncological drugs, increasing prevalence of cancer are some of the factors responsible for the proliferation of the market. These devices are helpful in combating the effects of antineoplastic drugs and in containing the escape of vapor concentration and hazardous drugs outside the system.

The membrane-to-membrane system is predicted to grow at a remarkable rate over the forecast period owing to their low contamination risk pertaining to double membrane contaminant systems and operational ease. Furthermore, these systems are efficient in isolating medications through the usage of a double membrane junction between the container or the medication vial and the syringe, thus increasing its demand. The hospital segment is anticipated to witness significant market growth and that is mainly due to a larger pool of cancer patients, stronger financial capability to purchase high-quality closed system transfer devices in comparison with clinics and oncology centres.

The Asia Pacific region is expected to showcase noteworthy growth over the forecast period owing to the rising incidences of cancer and the ever-increasing demand for improved healthcare service from developing countries like India. Additionally, these are emerging market region which had been targeted by key market players for expanding their businesses which shall further bolster the market growth in the region.

FutureWise Market Research has instantiated a report that provides an intricate analysis of Closed System Transfer Devices Market trends that shall affect the overall market growth. Furthermore, it includes detailed information on the graph of profitability, SWOT analysis, market share and regional proliferation of this business. Moreover, the report offers insights on the current stature of prominent market players in the competitive landscape analysis of Closed System Transfer Devices.

According to the research study conducted by FutureWise research analysts, the Closed System Transfer Devices Market is anticipated to attain substantial growth by the end of the forecast period. The report explains that this business is predicted to register a noteworthy growth rate over the forecast period. This report provides crucial information pertaining to the total valuation that is presently held by this industry and it also lists the segmentation of the market along with the growth opportunities present across this business vertical.

 

Major players included in the Closed System Transfer Devices Market:   

  • BECTON, DICKINSON AND CO.
  • ICU MEDICAL INC.
  • B.BRAUN MELSUNGEN
  • JMS CO. LTD.
  • EQUASHIELD LLC
  • TEVA PHARMACEUTICAL INDUSTRIES LTD.
  • CORVIDA MEDICAL
  • YUKON MEDICAL
  • CODAN MEDIZINISCHE GERATO GmbH & CO KG
  • VICTUS INC.
  • CARAGEN LTD.
  • BAXTER INTERNATIONAL INC.

 (Note: The list of the major players will be updated with the latest market scenario and trends)

Closed System Transfer Devices Market

Closed System Transfer Devices Market Segmentation:

By Closing Mechanism

  • Push-To-Turn Systems
  • Colour-To- Colour Alignment Systems
  • Luer-Lock Systems
  • Click-To-Lock Systems

By Type

  • Membrane-To-Membrane Systems
  • Needleless Systems

By Component

  • Vital Access Devices
  • Syringe Safety Devices
  • Bag/Line Access Devices
  • Accessories

By Technology

  • Diaphragm-Based Devices
  • Compartmentalized Devices
  • Air Cleaning/ Filtration Devices

By End User

  • Hospitals
  • Oncology Centers and Clinics
  • Other End Users

By Region

  • North America
  • Europe
  • Asia-Pacific
  • Rest of the world

 

Competitive Landscape:

  • Tier 1 players- established companies in the market with a major market share
  • Tier 2 players
  • Emerging players which are growing rapidly
  • New Entrants

 

FutureWise Key Takeaways:

  • Growth prospects
  • SWOT analysis
  • Key trends
  • Key data-points affecting market growth

 

Objectives of the Study:

  • To provide with an exhaustive analysis on the Closed System Transfer Devices Market By Closing Mechanism, By Type, By Component, By Technology, By End User and By Region.
  • To cater comprehensive information on factors impacting market growth (drivers, restraints, opportunities, and industry-specific restraints)
  • To evaluate and forecast micro-markets and the overall market
  • To predict the market size, in key regions— North America, Europe, Asia Pacific and rest of the world
  • To record and evaluate competitive landscape mapping- product launches, technological advancements, mergers and expansions

 

Flexible Delivery Model:

  • We have a flexible delivery model and you can suggest changes in the scope/table of content as per your requirement
  • The customization Mobility Care offered are free of charge with purchase of any license of the report
  • You can directly share your requirements/changes to the current table of content to: sales@futurewiseresearch.com

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What you get


  • Excel Dataset

  • Infographics

  • PDF Report

  • Market Overview

  • PowerPoint Presentation

What's included


  • Consumer Perception and Procurement

  • Competitive Analysis

  • What’s Next

  • Market Data Forecast

  • Risks and Opportunity Assessment

  • Market Trends and Dynamics