Closed System Transfer Devices Market
Closed System Transfer Devices Market Size, Share & Industry Analysis Report by Closing Mechanism (Luer-Lock and Push-To-Turn), by Product Type (Needleless and Membrane-To-Membrane), by Technology (Air Filtration, Diaphragm, Compartmentalize), and by End-Users (Clinic and Hospitals) and Forecast, 2019-2025 Update Available - Forecast 2024-2030
Closed system transfer devices are referred to drug transfer device that prohibits the interference of environmental contaminants and prevents the escape of harmful vapors into the surrounding. There is high demand for closed system transfer devices in the healthcare sector during the compounding process and administration of hazardous drugs. Oncology professionals extensively use closed system transfer devices so as to protects themselves from vapors, aerosols, and droplets of harmful chemotherapy drugs. Moreover, these devices combat the hazardous effects of antineoplastic drugs and with regulatory guidelines for secure handling of the harmful drugs, the demand for closed system transfer devices is anticipated to propel in the near future. The global closed system transfer devices market is segmented into the closing mechanism, product type, technology, and end-users. On the basis of product type, the market is bifurcated into membrane-to-membrane and needleless. Among these products, the membrane-to-membrane segment contributes a significant share in the market due to its barrier properties, which substantially reduces the possibilities of the contamination of the drugs.
In terms of geography, the global closed system transfer devices market is segmented into North America, Europe, Asia-Pacific, and Rest of the World. North America holds a significant share in the global closed system transfer devices market. North America is regarded as a region comprising leading pharmaceutical drugs manufacturers, such as PerkinElmer Inc. These drug manufacturing companies require closed system transfer devices for the packaging of drugs, which in turn, propels the growth of the market.
The key players operating in the global closed system transfer devices market include Becton, Dickinson and Co., ICU Medical, Inc., B. Braun Medical Inc., Equashield LLC, Yukon Medical, Victus, Inc., Baxter International, Inc., and Caragen Ltd. The market players are focused on R&D activities, in order to launch remarkable products and mark their prominent presence in the global market. For instance, in January 2018, Baxter International, Inc. launched ‘Arisure Closed System Transfer Devices’ that comprises of several components that prevent the contaminants to enter in an intravenous medical delivery system. Furthermore, it avoids any possibilities of the escape of the hazardous components to the surroundings.
Research Methodology
The market study of the global closed system transfer devices market is incorporated by extensive primary and secondary research conducted by the research team. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings the authenticity of our reports.
Secondary sources include:
- Financial reports of companies involved in the market
- Whitepapers, research-papers, and news blogs
- Company websites and their product catalog
The report is intended for closed system transfer devices manufacturers and suppliers, government organization, for overall market analysis and competitive analysis. The report provides an in-depth analysis of the market size and growth opportunities. The report will serve as a source for 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions.
Market Segmentation:
- Global Closed System Transfer Devices Market Research and Analysis by Closing Mechanism
- Global Closed System Transfer Devices Market Research and Analysis by Product Type
- Global Closed System Transfer Devices Market Research and Analysis by Technology
- Global Closed System Transfer Devices Market Research and Analysis by End-Users
The Report Covers:
- Comprehensive research methodology of the global closed system transfer devices market.
- This report also includes a detailed and extensive market overview with key analyst insights.
- An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
- Analysis of regional regulations and other government policies impacting the global closed system transfer devices market.
- Insights about market determinants which are stimulating the global closed system transfer devices market.
- Detailed and extensive market segments with regional distribution of forecasted revenues.
- Extensive profiles and recent developments of market players
1. Report Summary
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. By Geography
1.2.3. By Stakeholders
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
2.3. Rules & Regulations
3. Competitive Landscape
3.1. Competitive Dashboard
3.2. Key Strategy Analysis
3.3. Key Company Analysis
3.3.1. Becton, Dickinson and Co.
3.3.1.1. Overview
3.3.1.2. Financial Analysis
3.3.1.3. SWOT Analysis
3.3.1.4. Recent Developments
3.3.2. ICU Medical, Inc.
3.3.2.1. Overview
3.3.2.2. Financial Analysis
3.3.2.3. SWOT Analysis
3.3.2.4. Recent Developments
3.3.3. B. Braun Medical Inc.
3.3.3.1. Overview
3.3.3.2. Financial Analysis
3.3.3.3. SWOT Analysis
3.3.3.4. Recent Developments
3.3.4. Equashield LLC
3.3.4.1. Overview
3.3.4.2. Financial Analysis
3.3.4.3. SWOT Analysis
3.3.4.4. Recent Developments
3.3.5. Baxter International, Inc.
3.3.5.1. Overview
3.3.5.2. Financial Analysis
3.3.5.3. SWOT Analysis
3.3.5.4. Recent Developments
4. Market Determinants
4.1. Motivators
4.2. Restraints
4.3. Opportunities
5. Market Segmentation
5.1. Global Closed System Transfer Devices Market by Closing Mechanism
5.1.1. Luer-Lock System
5.1.2. Push-To-Turn System
5.2. Global Closed System Transfer Devices Market by Product Type
5.2.1. Needleless System
5.2.2. Membrane-To-Membrane System
5.3. Global Closed System Transfer Devices Market by Technology
5.3.1. Air Filtration Devices
5.3.2. Diaphragm Devices
5.3.3. Compartmentalized Devices
5.4. Global Closed System Transfer Devices Market by End-Users
5.4.1. Clinic
5.4.2. Hospitals
6. Regional Analysis
6.1. North America
6.1.1. United States
6.1.2. Canada
6.2. Europe
6.2.1. UK
6.2.2. Germany
6.2.3. Italy
6.2.4. Spain
6.2.5. France
6.2.6. Rest of Europe
6.3. Asia-Pacific
6.3.1. China
6.3.2. India
6.3.3. Japan
6.3.4. Rest of Asia-Pacific
6.4. Rest of the World
7. Company Profiles
7.1. B. Braun Medical Inc.
7.2. Baxter International, Inc.
7.3. Becton, Dickinson and Co.
7.4. Caragen Ltd.
7.5. CODAN Medizinische Geräte GmbH & Co KG
7.6. Corvida Medical
7.7. Equashield LLC
7.8. ICU Medical, Inc.
7.9. JMS Co. Ltd.
7.10. Victus, Inc.
7.11. West Pharmaceutical Services, Inc.
7.12. Yukon Medical LLC
1. GLOBAL CLOSED SYSTEM TRANSFER DEVICES MARKET RESEARCH AND ANALYSIS BY CLOSING MECHANISM, 2018-2025 ($ MILLION)
2. GLOBAL LUER-LOCK SYSTEM MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
3. GLOBAL PUSH-TO-TURN SYSTEM MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
4. GLOBAL CLOSED SYSTEM TRANSFER DEVICES MARKET RESEARCH AND ANALYSIS BY PRODUCT TYPE, 2018-2025 ($ MILLION)
5. GLOBAL NEEDLELESS SYSTEM MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
6. GLOBAL MEMBRANE-TO-MEMBRANE SYSTEM MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
7. GLOBAL CLOSED SYSTEM TRANSFER DEVICES MARKET RESEARCH AND ANALYSIS BY TECHNOLOGY, 2018-2025 ($ MILLION)
8. GLOBAL AIR FILTRATION DEVICES MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
9. GLOBAL DIAPHRAGM DEVICES MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
10. GLOBAL COMPARTMENTALIZE DEVICES MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
11. GLOBAL CLOSED SYSTEM TRANSFER DEVICES MARKET RESEARCH AND ANALYSIS BY END-USERS, 2018-2025 ($ MILLION)
12. GLOBAL CLINIC MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
13. GLOBAL HOSPITALS MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
14. GLOBAL CLOSED SYSTEM TRANSFER DEVICES MARKET RESEARCH AND ANALYSIS BY GEOGRAPHY, 2018-2025 ($ MILLION)
15. NORTH AMERICAN CLOSED SYSTEM TRANSFER DEVICES MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2018-2025 ($ MILLION)
16. NORTH AMERICAN CLOSED SYSTEM TRANSFER DEVICES MARKET RESEARCH AND ANALYSIS BY CLOSING MECHANISM, 2018-2025 ($ MILLION)
17. NORTH AMERICAN CLOSED SYSTEM TRANSFER DEVICES MARKET RESEARCH AND ANALYSIS BY PRODUCT TYPE, 2018-2025 ($ MILLION)
18. NORTH AMERICAN CLOSED SYSTEM TRANSFER DEVICES MARKET RESEARCH AND ANALYSIS BY TECHNOLOGY, 2018-2025 ($ MILLION)
19. NORTH AMERICAN CLOSED SYSTEM TRANSFER DEVICES MARKET RESEARCH AND ANALYSIS BY END-USERS, 2018-2025 ($ MILLION)
20. EUROPEAN CLOSED SYSTEM TRANSFER DEVICES MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2018-2025 ($ MILLION)
21. EUROPEAN CLOSED SYSTEM TRANSFER DEVICES MARKET RESEARCH AND ANALYSIS BY CLOSING MECHANISM, 2018-2025 ($ MILLION)
22. EUROPEAN CLOSED SYSTEM TRANSFER DEVICES MARKET RESEARCH AND ANALYSIS BY PRODUCT TYPE, 2018-2025 ($ MILLION)
23. EUROPEAN CLOSED SYSTEM TRANSFER DEVICES MARKET RESEARCH AND ANALYSIS BY TECHNOLOGY, 2018-2025 ($ MILLION)
24. EUROPEAN CLOSED SYSTEM TRANSFER DEVICES MARKET RESEARCH AND ANALYSIS BY END-USERS, 2018-2025 ($ MILLION)
25. ASIA-PACIFIC CLOSED SYSTEM TRANSFER DEVICES MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2018-2025 ($ MILLION)
26. ASIA-PACIFIC CLOSED SYSTEM TRANSFER DEVICES MARKET RESEARCH AND ANALYSIS BY CLOSING MECHANISM, 2018-2025 ($ MILLION)
27. ASIA-PACIFIC CLOSED SYSTEM TRANSFER DEVICES MARKET RESEARCH AND ANALYSIS BY PRODUCT TYPE, 2018-2025 ($ MILLION)
28. ASIA-PACIFIC CLOSED SYSTEM TRANSFER DEVICES MARKET RESEARCH AND ANALYSIS BY TECHNOLOGY, 2018-2025 ($ MILLION)
29. ASIA-PACIFIC CLOSED SYSTEM TRANSFER DEVICES MARKET RESEARCH AND ANALYSIS BY END-USERS, 2018-2025 ($ MILLION)
30. REST OF THE WORLD CLOSED SYSTEM TRANSFER DEVICES MARKET RESEARCH AND ANALYSIS BY CLOSING MECHANISM, 2018-2025 ($ MILLION)
31. REST OF THE WORLD CLOSED SYSTEM TRANSFER DEVICES MARKET RESEARCH AND ANALYSIS BY PRODUCT TYPE, 2018-2025 ($ MILLION)
32. REST OF THE WORLD CLOSED SYSTEM TRANSFER DEVICES MARKET RESEARCH AND ANALYSIS BY TECHNOLOGY, 2018-2025 ($ MILLION)
33. REST OF THE WORLD CLOSED SYSTEM TRANSFER DEVICES MARKET RESEARCH AND ANALYSIS BY END-USERS, 2018-2025 ($ MILLION)
1. GLOBAL CLOSED SYSTEM TRANSFER DEVICES MARKET SHARE BY CLOSING MECHANISM, 2018 VS 2025 (%)
2. GLOBAL CLOSED SYSTEM TRANSFER DEVICES MARKET SHARE BY PRODUCT TYPE, 2018 VS 2025 (%)
3. GLOBAL CLOSED SYSTEM TRANSFER DEVICES MARKET SHARE BY TECHNOLOGY, 2018 VS 2025 (%)
4. GLOBAL CLOSED SYSTEM TRANSFER DEVICES MARKET SHARE BY END-USERS, 2018 VS 2025 (%)
5. GLOBAL CLOSED SYSTEM TRANSFER DEVICES MARKET SHARE BY GEOGRAPHY, 2018 VS 2025 (%)
6. US CLOSED SYSTEM TRANSFER DEVICES MARKET SIZE, 2018-2025 ($ MILLION)
7. CANADA CLOSED SYSTEM TRANSFER DEVICES MARKET SIZE, 2018-2025 ($ MILLION)
8. UK CLOSED SYSTEM TRANSFER DEVICES MARKET SIZE, 2018-2025 ($ MILLION)
9. FRANCE CLOSED SYSTEM TRANSFER DEVICES MARKET SIZE, 2018-2025 ($ MILLION)
10. GERMANY CLOSED SYSTEM TRANSFER DEVICES MARKET SIZE, 2018-2025 ($ MILLION)
11. ITALY CLOSED SYSTEM TRANSFER DEVICES MARKET SIZE, 2018-2025 ($ MILLION)
12. SPAIN CLOSED SYSTEM TRANSFER DEVICES MARKET SIZE, 2018-2025 ($ MILLION)
13. ROE CLOSED SYSTEM TRANSFER DEVICES MARKET SIZE, 2018-2025 ($ MILLION)
14. INDIA CLOSED SYSTEM TRANSFER DEVICES MARKET SIZE, 2018-2025 ($ MILLION)
15. CHINA CLOSED SYSTEM TRANSFER DEVICES MARKET SIZE, 2018-2025 ($ MILLION)
16. JAPAN CLOSED SYSTEM TRANSFER DEVICES MARKET SIZE, 2018-2025 ($ MILLION)
17. REST OF ASIA-PACIFIC CLOSED SYSTEM TRANSFER DEVICES MARKET SIZE, 2018-2025 ($ MILLION)
18. REST OF THE WORLD CLOSED SYSTEM TRANSFER DEVICES MARKET SIZE, 2018-2025 ($ MILLION)
