Push-to-Turn Systems Segment Held Largest Share of Closed Systems Drug Transfer Devices Market in 2019
According to the new market research study on “North America Closed Systems Drug Transfer Devices Market to 2027 - Regional Analysis and Forecast - by Closing Mechanism, Type, Technology, Component, and End User” the market is expected to reach US$648.78 million by 2027 from US$143.59 million in 2019; it is estimated to grow at a CAGR of 20.8% from 2020 to 2027. The report provides trends prevailing in the North America closed systems drug transfer devices market and the factors driving the market growth along with those hindering it.
In 2019, the push-to-turn system accounted for the highest share of the market. Growth of this segment is attributed to the increasing preference for push-to-turn mechanism due to superior protection and availability of the product incorporating push-to-turn mechanism. Furthermore, luer-lock systems system segment is expected to register higher CAGR in the closed system drug transfer devices market during the forecast period.
The growth of the North America closed systems drug transfer devices market is mainly attributed to grow due to increase in adoption of chemotherapy and improvement of regulatory guidelines regarding hazardous drugs. Further, implementation of safety standards issued by government authorities such as NIOSH, and involvement of market players in business activities such as sales and research partnership, innovation, and product approvals will drive growth of the closed systems drug transfer devices market in North America. However, the stringent regulatory scenario and product safety issues is the major factor hindering the market growth in North America.
BD; B. Braun Medical Inc; ICU MEDICAL INC; EQUASHIELD; Corvida Medical; Yukon Medical; and Victus, Inc are among the leading companies operating in the North America closed systems drug transfer devices market.
The Report Segments North America Closed Systems Drug Transfer Devices Market as Follows:
North America Closed Systems Drug Transfer Devices Market - By Closing Mechanism
North America Closed Systems Drug Transfer Devices Market - By Type
North America Closed Systems Drug Transfer Devices Market - By Technology
North America Closed Systems Drug Transfer Devices Market - By Component
North America Closed Systems Drug Transfer Devices Market - By End User
North America Closed Systems Drug Transfer Devices Market - By Country
Reasons to Buy
According to the new market research study on “North America Closed Systems Drug Transfer Devices Market to 2027 - Regional Analysis and Forecast - by Closing Mechanism, Type, Technology, Component, and End User” the market is expected to reach US$648.78 million by 2027 from US$143.59 million in 2019; it is estimated to grow at a CAGR of 20.8% from 2020 to 2027. The report provides trends prevailing in the North America closed systems drug transfer devices market and the factors driving the market growth along with those hindering it.
In 2019, the push-to-turn system accounted for the highest share of the market. Growth of this segment is attributed to the increasing preference for push-to-turn mechanism due to superior protection and availability of the product incorporating push-to-turn mechanism. Furthermore, luer-lock systems system segment is expected to register higher CAGR in the closed system drug transfer devices market during the forecast period.
The growth of the North America closed systems drug transfer devices market is mainly attributed to grow due to increase in adoption of chemotherapy and improvement of regulatory guidelines regarding hazardous drugs. Further, implementation of safety standards issued by government authorities such as NIOSH, and involvement of market players in business activities such as sales and research partnership, innovation, and product approvals will drive growth of the closed systems drug transfer devices market in North America. However, the stringent regulatory scenario and product safety issues is the major factor hindering the market growth in North America.
BD; B. Braun Medical Inc; ICU MEDICAL INC; EQUASHIELD; Corvida Medical; Yukon Medical; and Victus, Inc are among the leading companies operating in the North America closed systems drug transfer devices market.
The Report Segments North America Closed Systems Drug Transfer Devices Market as Follows:
North America Closed Systems Drug Transfer Devices Market - By Closing Mechanism
- Push-to-turn Systems
- Luer-lock Systems
- Color-to-color Alignment Systems
- Click-to-lock Systems
North America Closed Systems Drug Transfer Devices Market - By Type
- Membrane-to-membrane Systems
- Needleless Systems
North America Closed Systems Drug Transfer Devices Market - By Technology
- Diaphragm-based Devices
- Compartmentalized Devices
- Air Cleaning/Filtration Devices
North America Closed Systems Drug Transfer Devices Market - By Component
- Vial Access Devices
- Syringe Safety Devices
- Bag/Line Access Devices
- Accessories
North America Closed Systems Drug Transfer Devices Market - By End User
- Hospitals and Clinics
- Oncology Centers
- Others
North America Closed Systems Drug Transfer Devices Market - By Country
- North America
- US
- Canada
- Mexico
Reasons to Buy
- It provides an understanding of the North America, closed systems drug transfer devices market landscape and identifies closed systems drug transfer devices market segments that are most likely to guarantee a strong return.
- Stay ahead of the race by comprehending the ever-changing competitive landscape for the North America closed systems drug transfer devices market.
- It helps efficiently plan merger and acquisition, and partnership deals in the closed systems drug transfer devices market by identifying market segments with the most promising probable sales.
- It facilitates knowledgeable business decision-making through perceptive and comprehensive analysis of closed systems drug transfer devices market performance of various segments pertaining to the North America closed systems drug transfer devices market.
- It provides closed systems drug transfer devices market revenue forecast of the market based on various segments for the period from 2019 to 2027.
Table of Contents
1. Introduction
3. Research Methodology
4. North America Closed System Drug Transfer Devices Market - Market Landscape
5. North America Closed System Drug Transfer Devices Market - Key Market Dynamics
6. Closed System Drug Transfer Devices Market - North America Analysis
7. North America Closed System Drug Transfer Devices Market Analysis and Forecasts To 2027 - By Closing Mechanism
8. North America Closed System Drug Transfer Devices Market Analysis and Forecasts To 2027 - By Type
9. North America Closed System Drug Transfer Devices Market Analysis and Forecasts To 2027 - By Technology
10. North America Closed System Drug Transfer Devices Market Analysis and Forecasts To 2027 - By Component
11. North America Closed System Drug Transfer Devices Market Analysis - By End-User
12. Closed System Drug Transfer Devices Market Revenue and Forecasts To 2027 - Geographical Analysis
13. Impact of COVID-19 Pandemic on North America Closed system drug transfer devices Market
14. Company Profiles
15. Appendix
List of Tables
List of Figures
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- BD
- B. Braun Medical Inc
- ICU MEDICAL INC
- EQUASHIELD
- Corvida Medical
- Yukon Medical
- Victus, Inc