Closed System Transfer Devices Market

Publish Date: Jan 2023

Report Code: FMI1584A

Publisher: Future Markets Insights

Single User License: $5000

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Report Highlights

Closed system transfer devices (CSTD) are employing to reduce the risk of occupational exposure to hazardous drugs in the system. Closed system transfer devices are designed for healthcare worker protection during drug compounding and administration of hazardous drugs. National Institute for Occupational Safety and Health, recommended the use of closed system transfer devices during the hazardous drug handling, from pharmaceutical compounding to patient dose administration.

Closed system transfer devices is a part of a hazardous drug safety program and its use reduce hazardous drug contamination. NIOSH defines the CSTD as a drug transfer device that mechanically bans the transfer of environmental chemicals into the system and escape of the harmful drug or vapor meditations outside the system. Closed system transfer devices use an integrated filter to cleanse escaping air contaminated with hazardous drug aerosols & vapors.

Closed System Transfer Devices Market: Drivers and Restraints-

Closed system transfer devices market expected to grow with the significant rate as high demand for limiting exposure to hazardous drugs.  Closed system transfer devices are gaining high demand to reduce the risk of chromosomal abnormalities among healthcare workers. Increasing product innovation and developments expected to favor the growth of the closed system transfer devices market.  Strict regulation and laws expected to favor the demand for the closed system transfer devices.

FDA confirms the efficiency of closed system transfer devices with a higher level of evidence. Increasing medicine production and technological advancement propel the growth of the closed system transfer devices market. Growing research and development activities in the pharmaceutical sector expected to propel the growth of the closed system transfer devices market.

Closed System Transfer Devices Market: Segmentation

On the basis of component, closed system transfer devices market can be segmented as:

  • Syringe Units
  • Vial Adopters
  • Syringe to Syringe Adopter
  • Spike Adopter
  • Luer Lock Adaptor
  • Others

On the basis of end user, Closed System Transfer Devices market can be segmented as:

  • Pharmacies
  • Hospitals
  • Clinics
  • Pharmaceutical Companies
  • Others

Closed System Transfer Devices Market: Overview

Closed system transfer devices developed to reduce the risk of exposure to hazardous drugs. Healthcare professional expose to risk during the manufacturing, research, transport, distribution and administration of drug. The risk cause short time and longtime effects. Short time effects such as skin irritation and longtime effects such as risk of infertility and congenital abnormalities. Closed system transfer devices market expected to grow with the high growth rate as increasing development in the healthcare industry and strong drug safety policies and regulations. Closed system transfer devices are available as small components such as vial adopter, syringe adopter, spike adopter, luer lock adaptor to reduce direct exposure of hazardous drugs. 

Closed System Transfer Devices Market: Region-wise Outlook

North America is the most dominating market for closed system transfer devices market due to the high number of closed system transfer devices manufacturers and strict regulatory policies. Western European countries such as Germany, U.K., France contributes higher market value share in the closed system transfer devices market as technological advancement and adoption of closed system transfer devices. India and China closed system transfer devices market is expected to with highest rate as high demand for pharmaceuticals and medical devices, improving healthcare infrastructure and policies over the forecast period. Latin America and Middle East America represents slow growth rate as slower technological progress.

Closed System Transfer Devices Market: Key Market Participants

Example of certain market players participants in global closed system transfer devices market find across the value chain are ICU Medical, Inc., Equashield LLC, Becton, Dickinson and Company, B. Braun Melsungen AG, Corvida Medical, Yukon Medical, Baxter International Inc., and others.

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application, and industry.

Report Synopsis

Report Metrics Details
Base year considered 2022
Forecast period considered 2022-2032
Units considered $ Million
Segments covered By Product, By Application, By Sales Channel By Region
Industry covered Healthcare
Countries covered North America, Western Europe, Eastern Europe, Middle East, Africa, ASEAN, South Asia, Rest of Asia, Australia and New Zealand
Companies studied
  • ICU Medical, Inc.,
  • Simplivia Healthcare,
  • Becton, Dickinson and Company,
  • B. Braun Melsungen AG,
  • Yukon Medical, B
  • Corvida Medical,
  • Equashield LLC,
  • axter International Inc.

The report covers exhaust analysis on:

  • Market Segments
  • Market Dynamics
  • Market Size
  • Supply & Demand
  • Current Trends/Issues/Challenges
  • Competition & Companies involved
  • Technology
  • Value Chain

Regional analysis includes:

  • North America (U.S., Canada)
  • Latin America (Mexico. Brazil)
  • Western Europe (Germany, Italy, France, U.K, Spain)
  • Eastern Europe (Poland, Russia)
  • Asia Pacific (India, China ASEAN, Australia & New Zealand)
  • Japan
  • Middle East and Africa (GCC Countries, S. Africa, Northern Africa)

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

Report Highlights:

  • Detailed overview of parent market
  • Changing market dynamics in the industry
  • In-depth market segmentation
  • Historical, current, and projected market size in terms of volume and value
  • Recent industry trends and developments
  • Competitive landscape
  • Strategies of key players and products offered
  • Potential and niche segments, geographical regions exhibiting promising growth
  • A neutral perspective on market performance
  • Must-have information for market players to sustain and enhance their market footprint

NOTE - All statements of fact, opinion, or analysis expressed in reports are those of the respective analysts. They do not necessarily reflect formal positions or views of Future Market Insights.

  • Table 1 : Global Market Value (US$ Mn) Forecast by Region, 2017-2032
  • Table 2 : Global Market Volume (Units) Forecast by Region, 2017-2032
  • Table 3 : Global Market Value (US$ Mn) Forecast by Product, 2017-2032
  • Table 4 : Global Market Volume (Units) Forecast by Product, 2017-2032
  • Table 5 : Global Market Value (US$ Mn) Forecast by Application, 2017-2032
  • Table 6 : Global Market Volume (Units) Forecast by Application, 2017-2032
  • Table 7 : Global Market Value (US$ Mn) Forecast by Distribution Channel, 2017-2032
  • Table 8 : Global Market Volume (Units) Forecast by Distribution Channel, 2017-2032
  • Table 9 : North America Market Value (US$ Mn) Forecast by Country, 2017-2032
  • Table 10 : North America Market Volume (Units) Forecast by Country, 2017-2032
  • Table 11 : North America Market Value (US$ Mn) Forecast by Product, 2017-2032
  • Table 12 : North America Market Volume (Units) Forecast by Product, 2017-2032
  • Table 13 : North America Market Value (US$ Mn) Forecast by Application, 2017-2032
  • Table 14 : North America Market Volume (Units) Forecast by Application, 2017-2032
  • Table 15 : North America Market Value (US$ Mn) Forecast by Distribution Channel, 2017-2032
  • Table 16 : North America Market Volume (Units) Forecast by Distribution Channel, 2017-2032
  • Table 17 : Latin America Market Value (US$ Mn) Forecast by Country, 2017-2032
  • Table 18 : Latin America Market Volume (Units) Forecast by Country, 2017-2032
  • Table 19 : Latin America Market Value (US$ Mn) Forecast by Product, 2017-2032
  • Table 20 : Latin America Market Volume (Units) Forecast by Product, 2017-2032
  • Table 21 : Latin America Market Value (US$ Mn) Forecast by Application, 2017-2032
  • Table 22 : Latin America Market Volume (Units) Forecast by Application, 2017-2032
  • Table 23 : Latin America Market Value (US$ Mn) Forecast by Distribution Channel, 2017-2032
  • Table 24 : Latin America Market Volume (Units) Forecast by Distribution Channel, 2017-2032
  • Table 25 : Europe Market Value (US$ Mn) Forecast by Country, 2017-2032
  • Table 26 : Europe Market Volume (Units) Forecast by Country, 2017-2032
  • Table 27 : Europe Market Value (US$ Mn) Forecast by Product, 2017-2032
  • Table 28 : Europe Market Volume (Units) Forecast by Product, 2017-2032
  • Table 29 : Europe Market Value (US$ Mn) Forecast by Application, 2017-2032
  • Table 30 : Europe Market Volume (Units) Forecast by Application, 2017-2032
  • Table 31 : Europe Market Value (US$ Mn) Forecast by Distribution Channel, 2017-2032
  • Table 32 : Europe Market Volume (Units) Forecast by Distribution Channel, 2017-2032
  • Table 33 : Asia Pacific Market Value (US$ Mn) Forecast by Country, 2017-2032
  • Table 34 : Asia Pacific Market Volume (Units) Forecast by Country, 2017-2032
  • Table 35 : Asia Pacific Market Value (US$ Mn) Forecast by Product, 2017-2032
  • Table 36 : Asia Pacific Market Volume (Units) Forecast by Product, 2017-2032
  • Table 37 : Asia Pacific Market Value (US$ Mn) Forecast by Application, 2017-2032
  • Table 38 : Asia Pacific Market Volume (Units) Forecast by Application, 2017-2032
  • Table 39 : Asia Pacific Market Value (US$ Mn) Forecast by Distribution Channel, 2017-2032
  • Table 40 : Asia Pacific Market Volume (Units) Forecast by Distribution Channel, 2017-2032
  • Table 41 : Middle East and Africa Market Value (US$ Mn) Forecast by Country, 2017-2032
  • Table 42 : Middle East and Africa Market Volume (Units) Forecast by Country, 2017-2032
  • Table 43 : Middle East and Africa Market Value (US$ Mn) Forecast by Product, 2017-2032
  • Table 44 : Middle East and Africa Market Volume (Units) Forecast by Product, 2017-2032
  • Table 45 : Middle East and Africa Market Value (US$ Mn) Forecast by Application, 2017-2032
  • Table 46 : Middle East and Africa Market Volume (Units) Forecast by Application, 2017-2032
  • Table 47 : Middle East and Africa Market Value (US$ Mn) Forecast by Distribution Channel, 2017-2032
  • Table 48 : Middle East and Africa Market Volume (Units) Forecast by Distribution Channel, 2017-2032
  • Figure 1 : Global Market Value (US$ Mn) by Product, 2022-2032
  • Figure 2 : Global Market Value (US$ Mn) by Application, 2022-2032
  • Figure 3 : Global Market Value (US$ Mn) by Distribution Channel, 2022-2032
  • Figure 4 : Global Market Value (US$ Mn) by Region, 2022-2032
  • Figure 5 : Global Market Value (US$ Mn) Analysis by Region, 2017-2032
  • Figure 6 : Global Market Volume (Units) Analysis by Region, 2017-2032
  • Figure 7 : Global Market Value Share (%) and BPS Analysis by Region, 2022-2032
  • Figure 8 : Global Market Y-o-Y Growth (%) Projections by Region, 2022-2032
  • Figure 9 : Global Market Value (US$ Mn) Analysis by Product, 2017-2032
  • Figure 10 : Global Market Volume (Units) Analysis by Product, 2017-2032
  • Figure 11 : Global Market Value Share (%) and BPS Analysis by Product, 2022-2032
  • Figure 12 : Global Market Y-o-Y Growth (%) Projections by Product, 2022-2032
  • Figure 13 : Global Market Value (US$ Mn) Analysis by Application, 2017-2032
  • Figure 14 : Global Market Volume (Units) Analysis by Application, 2017-2032
  • Figure 15 : Global Market Value Share (%) and BPS Analysis by Application, 2022-2032
  • Figure 16 : Global Market Y-o-Y Growth (%) Projections by Application, 2022-2032
  • Figure 17 : Global Market Value (US$ Mn) Analysis by Distribution Channel, 2017-2032
  • Figure 18 : Global Market Volume (Units) Analysis by Distribution Channel, 2017-2032
  • Figure 19 : Global Market Value Share (%) and BPS Analysis by Distribution Channel, 2022-2032
  • Figure 20 : Global Market Y-o-Y Growth (%) Projections by Distribution Channel, 2022-2032
  • Figure 21 : Global Market Attractiveness by Product, 2022-2032
  • Figure 22 : Global Market Attractiveness by Application, 2022-2032
  • Figure 23 : Global Market Attractiveness by Distribution Channel, 2022-2032
  • Figure 24 : Global Market Attractiveness by Region, 2022-2032
  • Figure 25 : North America Market Value (US$ Mn) by Product, 2022-2032
  • Figure 26 : North America Market Value (US$ Mn) by Application, 2022-2032
  • Figure 27 : North America Market Value (US$ Mn) by Distribution Channel, 2022-2032
  • Figure 28 : North America Market Value (US$ Mn) by Country, 2022-2032
  • Figure 29 : North America Market Value (US$ Mn) Analysis by Country, 2017-2032
  • Figure 30 : North America Market Volume (Units) Analysis by Country, 2017-2032
  • Figure 31 : North America Market Value Share (%) and BPS Analysis by Country, 2022-2032
  • Figure 32 : North America Market Y-o-Y Growth (%) Projections by Country, 2022-2032
  • Figure 33 : North America Market Value (US$ Mn) Analysis by Product, 2017-2032
  • Figure 34 : North America Market Volume (Units) Analysis by Product, 2017-2032
  • Figure 35 : North America Market Value Share (%) and BPS Analysis by Product, 2022-2032
  • Figure 36 : North America Market Y-o-Y Growth (%) Projections by Product, 2022-2032
  • Figure 37 : North America Market Value (US$ Mn) Analysis by Application, 2017-2032
  • Figure 38 : North America Market Volume (Units) Analysis by Application, 2017-2032
  • Figure 39 : North America Market Value Share (%) and BPS Analysis by Application, 2022-2032
  • Figure 40 : North America Market Y-o-Y Growth (%) Projections by Application, 2022-2032
  • Figure 41 : North America Market Value (US$ Mn) Analysis by Distribution Channel, 2017-2032
  • Figure 42 : North America Market Volume (Units) Analysis by Distribution Channel, 2017-2032
  • Figure 43 : North America Market Value Share (%) and BPS Analysis by Distribution Channel, 2022-2032
  • Figure 44 : North America Market Y-o-Y Growth (%) Projections by Distribution Channel, 2022-2032
  • Figure 45 : North America Market Attractiveness by Product, 2022-2032
  • Figure 46 : North America Market Attractiveness by Application, 2022-2032
  • Figure 47 : North America Market Attractiveness by Distribution Channel, 2022-2032
  • Figure 48 : North America Market Attractiveness by Country, 2022-2032
  • Figure 49 : Latin America Market Value (US$ Mn) by Product, 2022-2032
  • Figure 50 : Latin America Market Value (US$ Mn) by Application, 2022-2032
  • Figure 51 : Latin America Market Value (US$ Mn) by Distribution Channel, 2022-2032
  • Figure 52 : Latin America Market Value (US$ Mn) by Country, 2022-2032
  • Figure 53 : Latin America Market Value (US$ Mn) Analysis by Country, 2017-2032
  • Figure 54 : Latin America Market Volume (Units) Analysis by Country, 2017-2032
  • Figure 55 : Latin America Market Value Share (%) and BPS Analysis by Country, 2022-2032
  • Figure 56 : Latin America Market Y-o-Y Growth (%) Projections by Country, 2022-2032
  • Figure 57 : Latin America Market Value (US$ Mn) Analysis by Product, 2017-2032
  • Figure 58 : Latin America Market Volume (Units) Analysis by Product, 2017-2032
  • Figure 59 : Latin America Market Value Share (%) and BPS Analysis by Product, 2022-2032
  • Figure 60 : Latin America Market Y-o-Y Growth (%) Projections by Product, 2022-2032
  • Figure 61 : Latin America Market Value (US$ Mn) Analysis by Application, 2017-2032
  • Figure 62 : Latin America Market Volume (Units) Analysis by Application, 2017-2032
  • Figure 63 : Latin America Market Value Share (%) and BPS Analysis by Application, 2022-2032
  • Figure 64 : Latin America Market Y-o-Y Growth (%) Projections by Application, 2022-2032
  • Figure 65 : Latin America Market Value (US$ Mn) Analysis by Distribution Channel, 2017-2032
  • Figure 66 : Latin America Market Volume (Units) Analysis by Distribution Channel, 2017-2032
  • Figure 67 : Latin America Market Value Share (%) and BPS Analysis by Distribution Channel, 2022-2032
  • Figure 68 : Latin America Market Y-o-Y Growth (%) Projections by Distribution Channel, 2022-2032
  • Figure 69 : Latin America Market Attractiveness by Product, 2022-2032
  • Figure 70 : Latin America Market Attractiveness by Application, 2022-2032
  • Figure 71 : Latin America Market Attractiveness by Distribution Channel, 2022-2032
  • Figure 72 : Latin America Market Attractiveness by Country, 2022-2032
  • Figure 73 : Europe Market Value (US$ Mn) by Product, 2022-2032
  • Figure 74 : Europe Market Value (US$ Mn) by Application, 2022-2032
  • Figure 75 : Europe Market Value (US$ Mn) by Distribution Channel, 2022-2032
  • Figure 76 : Europe Market Value (US$ Mn) by Country, 2022-2032
  • Figure 77 : Europe Market Value (US$ Mn) Analysis by Country, 2017-2032
  • Figure 78 : Europe Market Volume (Units) Analysis by Country, 2017-2032
  • Figure 79 : Europe Market Value Share (%) and BPS Analysis by Country, 2022-2032
  • Figure 80 : Europe Market Y-o-Y Growth (%) Projections by Country, 2022-2032
  • Figure 81 : Europe Market Value (US$ Mn) Analysis by Product, 2017-2032
  • Figure 82 : Europe Market Volume (Units) Analysis by Product, 2017-2032
  • Figure 83 : Europe Market Value Share (%) and BPS Analysis by Product, 2022-2032
  • Figure 84 : Europe Market Y-o-Y Growth (%) Projections by Product, 2022-2032
  • Figure 85 : Europe Market Value (US$ Mn) Analysis by Application, 2017-2032
  • Figure 86 : Europe Market Volume (Units) Analysis by Application, 2017-2032
  • Figure 87 : Europe Market Value Share (%) and BPS Analysis by Application, 2022-2032
  • Figure 88 : Europe Market Y-o-Y Growth (%) Projections by Application, 2022-2032
  • Figure 89 : Europe Market Value (US$ Mn) Analysis by Distribution Channel, 2017-2032
  • Figure 90 : Europe Market Volume (Units) Analysis by Distribution Channel, 2017-2032
  • Figure 91 : Europe Market Value Share (%) and BPS Analysis by Distribution Channel, 2022-2032
  • Figure 92 : Europe Market Y-o-Y Growth (%) Projections by Distribution Channel, 2022-2032
  • Figure 93 : Europe Market Attractiveness by Product, 2022-2032
  • Figure 94 : Europe Market Attractiveness by Application, 2022-2032
  • Figure 95 : Europe Market Attractiveness by Distribution Channel, 2022-2032
  • Figure 96 : Europe Market Attractiveness by Country, 2022-2032
  • Figure 97 : Asia Pacific Market Value (US$ Mn) by Product, 2022-2032
  • Figure 98 : Asia Pacific Market Value (US$ Mn) by Application, 2022-2032
  • Figure 99 : Asia Pacific Market Value (US$ Mn) by Distribution Channel, 2022-2032
  • Figure 100 : Asia Pacific Market Value (US$ Mn) by Country, 2022-2032
  • Figure 101 : Asia Pacific Market Value (US$ Mn) Analysis by Country, 2017-2032
  • Figure 102 : Asia Pacific Market Volume (Units) Analysis by Country, 2017-2032
  • Figure 103 : Asia Pacific Market Value Share (%) and BPS Analysis by Country, 2022-2032
  • Figure 104 : Asia Pacific Market Y-o-Y Growth (%) Projections by Country, 2022-2032
  • Figure 105 : Asia Pacific Market Value (US$ Mn) Analysis by Product, 2017-2032
  • Figure 106 : Asia Pacific Market Volume (Units) Analysis by Product, 2017-2032
  • Figure 107 : Asia Pacific Market Value Share (%) and BPS Analysis by Product, 2022-2032
  • Figure 108 : Asia Pacific Market Y-o-Y Growth (%) Projections by Product, 2022-2032
  • Figure 109 : Asia Pacific Market Value (US$ Mn) Analysis by Application, 2017-2032
  • Figure 110 : Asia Pacific Market Volume (Units) Analysis by Application, 2017-2032
  • Figure 111 : Asia Pacific Market Value Share (%) and BPS Analysis by Application, 2022-2032
  • Figure 112 : Asia Pacific Market Y-o-Y Growth (%) Projections by Application, 2022-2032
  • Figure 113 : Asia Pacific Market Value (US$ Mn) Analysis by Distribution Channel, 2017-2032
  • Figure 114 : Asia Pacific Market Volume (Units) Analysis by Distribution Channel, 2017-2032
  • Figure 115 : Asia Pacific Market Value Share (%) and BPS Analysis by Distribution Channel, 2022-2032
  • Figure 116 : Asia Pacific Market Y-o-Y Growth (%) Projections by Distribution Channel, 2022-2032
  • Figure 117 : Asia Pacific Market Attractiveness by Product, 2022-2032
  • Figure 118 : Asia Pacific Market Attractiveness by Application, 2022-2032
  • Figure 119 : Asia Pacific Market Attractiveness by Distribution Channel, 2022-2032
  • Figure 120 : Asia Pacific Market Attractiveness by Country, 2022-2032
  • Figure 121 : Middle East and Africa Market Value (US$ Mn) by Product, 2022-2032
  • Figure 122 : Middle East and Africa Market Value (US$ Mn) by Application, 2022-2032
  • Figure 123 : Middle East and Africa Market Value (US$ Mn) by Distribution Channel, 2022-2032
  • Figure 124 : Middle East and Africa Market Value (US$ Mn) by Country, 2022-2032
  • Figure 125 : Middle East and Africa Market Value (US$ Mn) Analysis by Country, 2017-2032
  • Figure 126 : Middle East and Africa Market Volume (Units) Analysis by Country, 2017-2032
  • Figure 127 : Middle East and Africa Market Value Share (%) and BPS Analysis by Country, 2022-2032
  • Figure 128 : Middle East and Africa Market Y-o-Y Growth (%) Projections by Country, 2022-2032
  • Figure 129 : Middle East and Africa Market Value (US$ Mn) Analysis by Product, 2017-2032
  • Figure 130 : Middle East and Africa Market Volume (Units) Analysis by Product, 2017-2032
  • Figure 131 : Middle East and Africa Market Value Share (%) and BPS Analysis by Product, 2022-2032
  • Figure 132 : Middle East and Africa Market Y-o-Y Growth (%) Projections by Product, 2022-2032
  • Figure 133 : Middle East and Africa Market Value (US$ Mn) Analysis by Application, 2017-2032
  • Figure 134 : Middle East and Africa Market Volume (Units) Analysis by Application, 2017-2032
  • Figure 135 : Middle East and Africa Market Value Share (%) and BPS Analysis by Application, 2022-2032
  • Figure 136 : Middle East and Africa Market Y-o-Y Growth (%) Projections by Application, 2022-2032
  • Figure 137 : Middle East and Africa Market Value (US$ Mn) Analysis by Distribution Channel, 2017-2032
  • Figure 138 : Middle East and Africa Market Volume (Units) Analysis by Distribution Channel, 2017-2032
  • Figure 139 : Middle East and Africa Market Value Share (%) and BPS Analysis by Distribution Channel, 2022-2032
  • Figure 140 : Middle East and Africa Market Y-o-Y Growth (%) Projections by Distribution Channel, 2022-2032
  • Figure 141 : Middle East and Africa Market Attractiveness by Product, 2022-2032
  • Figure 142 : Middle East and Africa Market Attractiveness by Application, 2022-2032
  • Figure 143 : Middle East and Africa Market Attractiveness by Distribution Channel, 2022-2032
  • Figure 144 : Middle East and Africa Market Attractiveness by Country, 2022-2032

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Closed System Transfer Devices Market