The Closed System Transfer Devices Market was valued at USD 380 million and is predicted to reach USD 1,620.6 million by 2027, with a CAGR of 20% from 2021 to 2027.
Closed system drug delivery devices are used to protect physicians and assistants from exposure to dangerous drugs used in the treatment of patients suffering from chronic conditions. These devices are basically sealed equipment that prevents the ingress of foreign contaminants and the outflow of hazardous vapors. The device design concept basically includes two functions. One is physical barrier technology and the other is air purification technology. The improvement of healthcare workers around the world is a key area of focus, especially those involved in the administration and compounding of dangerous drugs.
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Market Segments
Key Players
- Braun Medical Inc.
- BD Medical, Inc
- Cardinal Health
- Carmel Pharma, Inc
- Corvida Medical
- Equashield LLC.
- Hospira (acquired by Pfizer)
- ICU Medical, Inc
- Teva Medical Ltd
- Yukon Medical
Market Segments
By Closing Mechanism
- Push-to-turn Systems
- Color-to-color Alignment Systems
- Luer-lock Systems
- Click-to-lock Systems
By Type
- Membrane-to-membrane Systems
- Needleless Systems
By Component
- Vial Access Devices
- Syringe Safety Devices
- Bag/Line Access Devices
- Accessories
By Region
Europe
- France
- UK
South America
- Argentina
- Brazil
Asia Pacific
- Japan
- India
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Scope of the Heart
The research study analyzes the global Closed System Transfer Devices Market industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
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