Introduction
Closed System Transfer Devices Market was valued at USD X.X Billion in 2018 and is projected to reach USD X.X billion by 2025, at a CAGR of X.X % from 2019-2025. In the era where the number of healthcare activities and medical procedures such as treatments are increasing, patient safety is as critical as healthcare worker safety. Closed system transfer devices are used in order to avoid contamination in drugs, drug aerosolization, and hazardous drug exposures. Safety of drug experts, caregivers, nurses, pharmacists, and other clinical staff is also one of the main important concern in utilizing closed system transfer devices.
The growing emphasis on implementation of safety measures for laboratory personnel is expected to boost the growth of the global closed system transfer devices market during the forecast period.
Geographical Overview
At a global level, North America region was holding the highest market share in 2018. Whereas, Asia Pacific region is considered as the fastest growing region with key players adopting expansion strategy in this region to gain maximum market share in the coming years. China and India are offering ample opportunities for the growth of Closed System Transfer Devices Market with its high population base. North America is expected to register comparatively higher share of the global closed system transfer devices market owing to higher utilization of closed system transfer devices, which is mainly due to a comparatively higher amount of awareness amongst healthcare resources.
Segmental Overview
Closed System Transfer Devices Market is segmented as per below specifications -
By Product Type:
• Membrane-To-Membrane Systems
• Needleless Systems
By Consumption:
• Vial Access Devices
• Bag/Line Access Device
• Syringe Safety Device
By Distribution Channel:
• Hospitals & Clinics
• Ambulatory Surgery Centres
• Research Laboratories
• Others
Competitor Analysis
Closed System Transfer Devices Market has presence of some of the key major players across globe which includes
• EQUASHIELD
• BD (Becton
• Dickinson
• B. Braun Melsungen AG
• JMS Co.Ltd.
• Yukon Medical
• Teva Pharmaceutical Industries Ltd.
• Corvida Medical
• Baxter
• ICU Medical Inc.
These key players are concentrating its efforts on the continuous product improvement with innovative initiatives to have an edge over other competitors. Further, to garner maximum market share, companies are adopting merger/ acquisition/ partnership and maintaining strong distribution networks strategies.
By Geographical Locations:
• North America
o U.S.
o Canada
• Europe
o U.K.
o France
o Italy
o Germany
o Spain
o Russia & CIS
o Rest of Europe
• Asia-Pacific
o China
o India
o Japan
o South Korea
o ASEAN
o Rest of Asia Pacific
• Latin America
o Brazil
o Argentina
o Rest of LATAM
• Middle East & Africa
o UAE
o South Africa
o Rest of MEA
Highlights of the report
What is Closed System Transfer Devices Market?
Who all are key market players in the industry?
How the Parent Industry is growing?
Where are the key opportunities for new market entrant?
A comprehensive analysis, which covers key growth factors across the value chain
Recent developments in market
Granular Market Segmentation
Market size projection based on Historical & current market trends
Market share analysis and key strategies adopted by leading Players
Production Cost & Sensitivity Analysis
Country Level Market Analysis of Top 16 countries
Data Driven Decision Recommendations
Chapter 1 Research Objective
1.1 Need of the Research Report
1.2 Client Objectives
1.3 Offered Solutions
Chapter 2 Recommendations
2.1 Executive Summary
2.1.1 Market Overview
2.1.2 Competitive Insights
2.1.3 Segmental Analysis
2.1.4 Geographical Market Details
2.2 Lead Generation
2.3 Consultant
2.4 Return on Investment
Chapter 3 Research Methodology
3.1 Chromatus Database
3.2 Paid Sources
3.3 Primary Data Collection
3.3.1 Email Surveys
3.3.2 Telephonic Interviews
3.3.3 Face to Face Interviews
3.4 Secondary Data Collection
3.4.1 Annual Reports
3.4.2 Government Publications
3.4.3 Trade Data
3.4.4 Association Data
3.4.5 Research Papers/ Blogs/ News Articles
3.5 Expert Advisory Panel
3.6 Data Analytics Model
Chapter 4 Closed System Transfer Devices Market Overview
4.1 Parent Market Overview
4.2 Patent Analysis
4.3 PESTEL Analysis
4.3.1 Political
4.3.2 Economical
4.3.3 Social
4.3.4 Technological
4.3.5 Legal
4.4 SWOT Analysis
4.4.1 Strengths
4.4.2 Weakness
4.4.3 Opportunities
4.4.4 Threats
4.5 Regulations
4.6 Value Chain/ Supply Chain Analysis
4.7 Procurement & Vendor Analysis
4.8 Porters Five Analysis
4.8.1 Threat of new entrants
4.8.2 Bargaining power of suppliers
4.8.3 Bargaining power of buyers
4.8.4 Threat of substitutes
4.8.5 Competitive rivalry
Chapter 5 Regional Analysis Global Closed System Transfer Devices Market Estimation and Forecast, 2017 - 2025 (USD Billion)
5.1 North America Market
5.1.1 U.S.
5.1.1 Canada
5.2 Europe Market
5.2.1 UK
5.2.2 Germany
5.2.3 France
5.2.4 Spain
5.2.5 Italy
5.2.6 Russia & CIS
5.2.7 Rest of Europe
5.3 Asia Pacific Market
5.3.1 China
5.3.2 Japan
5.3.3 India
5.3.4 South Korea
5.3.5 ASEAN
5.3.6 Rest of Asia Pacific
5.4 Rest of the World
5.4.1 Latin America
5.4.1.1 Brazil
5.4.1.2 Argentina
5.4.1.3 Rest of Latin America
5.4.2 Middle East
5.4.3 Africa
Chapter 6 Company Profile
6.1 EQUASHIELD
6.1.1 Introduction
6.1.2 Financial Overview
6.1.3 Product Portfolio
6.1.4 Recent Developments
6.1.5 SWOT Analysis
6.2 BD (Becton
6.3 Dickinson
6.4 B. Braun Melsungen AG
6.5 JMS Co.Ltd.
6.6 Yukon Medical
6.7 Teva Pharmaceutical Industries Ltd.
6.8 Corvida Medical
6.9 Baxter
6.10 ICU Medical Inc.
Chapter 7 Competitor Analysis
7.1 Company Ranking
7.2 Key Innovators
7.3 Market Leader
7.4 Emerging Players
7.5 Strategic Alliances
7.6 Competitive Matrix of 12 Companies
Chapter 8 Global Closed System Transfer Devices Market by Product Type Estimation and Forecast, 2017 - 2025 (USD Billion)
8.1 Membrane-To-Membrane Systems
8.2 Needleless Systems
Chapter 9 Global Closed System Transfer Devices Market by Consumption Type Estimation and Forecast, 2017 - 2025 (USD Billion)
9.1 Vial Access Devices
9.2 Bag/Line Access Device
9.3 Syringe Safety Device
Chapter 10 Global Closed System Transfer Devices Market by Distribution Channel Estimation and Forecast, 2017 - 2025 (USD Billion)
10.1 Hospitals & Clinics
10.2 Ambulatory Surgery Centres
10.3 Research Laboratories
10.4 Others
Chapter 11 Appendix
11.1 Data Sources
11.2 Abbreviations
11.3 About US
11.4 Disclaimer
11.5 Key Notes
List of Tables
Table 1 Global Closed System Transfer Devices Market, by Region, 2017 - 2025 (USD Billion)
Table 2 Global Closed System Transfer Devices Market, by Product Type, 2017 - 2025 (USD Billion)
Table 3 Global Closed System Transfer Devices Market, by Consumption Type, 2017 - 2025 (USD Billion)
Table 4 Global Closed System Transfer Devices Market, by Distribution Type, 2017 - 2025 (USD Billion)
Table 5 North America Closed System Transfer Devices Market 2017 - 2025 (USD Billion)
Table 6 North America Closed System Transfer Devices Market by Product Type 2017 - 2025 (USD Billion)
Table 7 North America Closed System Transfer Devices Market by Consumption Type 2017 - 2025 (USD Billion)
Table 8 North America Closed System Transfer Devices Market by Distribution Type 2017 - 2025 (USD Billion)
Table 9 US Closed System Transfer Devices Market 2017 - 2025 (USD Billion)
Table 10 Canada Closed System Transfer Devices Market 2017 - 2025 (USD Billion)
Table 11 Europe Closed System Transfer Devices Market 2017 - 2025 (USD Billion)
Table 12 Europe Closed System Transfer Devices Market by Product Type 2017 - 2025 (USD Billion)
Table 13 Europe Closed System Transfer Devices Market by Consumption Type 2017 - 2025 (USD Billion)
Table 14 Europe Closed System Transfer Devices Market by Distribution Type 2017 - 2025 (USD Billion)
Table 15 UK Closed System Transfer Devices Market 2017 - 2025 (USD Billion)
Table 16 Germany Closed System Transfer Devices Market 2017 - 2025 (USD Billion)
Table 17 France Closed System Transfer Devices Market 2017 - 2025 (USD Billion)
Table 18 Spain Closed System Transfer Devices Market 2017 - 2025 (USD Billion)
Table 19 Italy Closed System Transfer Devices Market 2017 - 2025 (USD Billion)
Table 20 Russia & CIS Closed System Transfer Devices Market 2017 - 2025 (USD Billion)
Table 21 Rest of Europe Closed System Transfer Devices Market 2017 - 2025 (USD Billion)
Table 22 Asia Pacific Closed System Transfer Devices Market 2017 - 2025 (USD Billion)
Table 23 Asia Pacific Closed System Transfer Devices Market by Product Type 2017 - 2025 (USD Billion)
Table 24 Asia Pacific Closed System Transfer Devices Market by Consumption Type 2017 - 2025 (USD Billion)
Table 25 Asia Pacific Closed System Transfer Devices Market by Distribution Type 2017 - 2025 (USD Billion)
Table 26 China Closed System Transfer Devices Market 2017 - 2025 (USD Billion)
Table 27 Japan Closed System Transfer Devices Market 2017 - 2025 (USD Billion)
Table 28 India Closed System Transfer Devices Market 2017 - 2025 (USD Billion)
Table 29 South Korea Closed System Transfer Devices Market 2017 - 2025 (USD Billion)
Table 30 ASEAN Closed System Transfer Devices Market 2017 - 2025 (USD Billion)
Table 31 Rest of Asia Pacific Closed System Transfer Devices Market 2017 - 2025 (USD Billion)
Table 32 Latin America Closed System Transfer Devices Market 2017 - 2025 (USD Billion)
Table 33 Latin America Closed System Transfer Devices Market by Product Type 2017 - 2025 (USD Billion)
Table 34 Latin America Closed System Transfer Devices Market by Consumption Type 2017 - 2025 (USD Billion)
Table 35 Latin America Closed System Transfer Devices Market by Distribution Type 2017 - 2025 (USD Billion)
Table 36 Brazil Closed System Transfer Devices Market 2017 - 2025 (USD Billion)
Table 37 Argentina Closed System Transfer Devices Market 2017 - 2025 (USD Billion)
Table 38 Rest of Latin America Closed System Transfer Devices Market 2017 - 2025 (USD Billion)
Table 39 Middle East Closed System Transfer Devices Market 2017 - 2025 (USD Billion)
Table 40 Middle East Closed System Transfer Devices Market by Product Type 2017 - 2025 (USD Billion)
Table 41 Middle East Closed System Transfer Devices Market by Consumption Type 2017 - 2025 (USD Billion)
Table 42 Middle East Closed System Transfer Devices Market by Distribution Type 2017 - 2025 (USD Billion)
Table 43 Africa Closed System Transfer Devices Market 2017 - 2025 (USD Billion)
Table 44 Africa Closed System Transfer Devices Market by Product Type 2017 - 2025 (USD Billion)
Table 45 Africa Closed System Transfer Devices Market by Consumption Type 2017 - 2025 (USD Billion)
Table 46 Africa Closed System Transfer Devices Market by Distribution Type 2017 - 2025 (USD Billion)
List of Figures
Fig. 1 Primary Research Method
Fig. 2 Secondary Research Method
Fig. 3 Value chain analysis
Fig. 4 PESTEL Analysis
Fig. 5 SWOT Analysis
Fig. 6 Porters Five forces analysis
Fig. 7 Closed System Transfer Devices Market: Penetration & growth prospect mapping
Fig. 8 Closed System Transfer Devices Market: Competitive snapshot
Fig. 9 Closed System Transfer Devices Market: Segmental snapshot
Fig. 10 Market Overview
Fig. 11 Closed System Transfer Devices Market: Product Analysis, 2017 - 2025
Fig. 12 Closed System Transfer Devices Market: Regional Analysis, 2017 - 2025
Fig. 13 Closed System Transfer Devices Market: Competitive Matrix
Fig. 14 Closed System Transfer Devices Market: Revenue Mix