The closed system transfer devices (CSTDs) market is projected to reach USD 2,002 million by 2026 from USD 814 million in 2021, at a CAGR of 19.7% during the forecast period. Market growth is largely driven by the harmful effects (lingering role) of cytotoxic drugs, rising incidence of cancer, an increasing number of oncology drug approvals, and improving regulatory guidelines regarding the safe handling of hazardous drugs.
Colour-to-colour alignment system is expected to witness the fastest growth in the forecast period.
Based on the closing mechanism, the market is segmented into Luer-lock systems, color-to-color alignment systems, click-to-lock systems, and push-to-turn systems. In 2020, the Luer-lock systems segment accounted for the highest share of 32.5% of the market. This segment is expected to reach USD 636.8 million by 2026 from USD 264.1 million in 2021, at a CAGR of 19.2%. However, the color-to-color alignment systems segment is expected to grow at the highest rate because of its higher efficiency due to pressure equalization mechanisms and low cost.
Membrane-to-membrane systems is expected to witness the fastest growth in the forecast period.
Based on device type, the market is segmented into membrane-to-membrane systems and needleless systems. In 2020, the membrane-to-membrane systems segment accounted for the largest share of 71.01% of the CSTDs market. This segment is expected to reach USD 1,488.9 million by 2026 from USD 583.1 million in 2021, at a CAGR of 20.6%. The large share and high growth of this segment are attributed to their ease of operation and lower risk of contamination associated with double-membrane containment systems.
The diaphragm-based devices segment accounted for the largest share of the closed system transfer devices market in 2020.
Based on technology, the CSTDs market is segmented into diaphragm-based devices, compartmentalized devices, and air cleaning/filtration devices. In 2020, the diaphragm-based devices segment accounted for the largest share of 43.63% of the market. This segment is expected to reach USD 829.4 million by 2026 from USD 353.1 million in 2021, at a CAGR of 18.6%. The large share of this segment is mainly due to the ease of operation and safety provided by these devices. The compartmentalized devices segment is expected to grow at the highest CAGR of 23.8% during the forecast period due to their lower cost.
The vial access devices segment accounted for the largest share of the closed system transfer devices market in 2020.
Based on components, the CSTDs market is segmented into vial access devices, syringe safety devices, bag/line access devices, and accessories. In 2020, the vial access devices segment accounted for the largest share of 33.08% of the market. The large share of this segment is mainly due to the increasing adoption of CSTD products and vial access devices by oncology nurses to transfer hazardous drugs from packaged vials to the infusion bag or the patient.
Hospitals & Clinics accounted for the largest share of the closed system transfer devices market in 2020.
Based on end users, the market is segmented into hospitals & clinics, oncology centers, and other end users. In 2020, hospitals & clinics accounted for the largest share of 84.41% of the CSTDs market. The large share and high growth of this segment are mainly due to the strong financial capabilities of hospitals for purchasing high-priced CSTDs, the large cancer patient pool, and the need to comply with regulatory guidelines.
North America accounted for the largest share of the closed system transfer devices market in 2020.
In 2020, North America accounted for the largest share of the market. The market in North America is characterized by easy accessibility to advanced technologies, high awareness about CSTD among oncologists, nurses, and pharmacists, the presence of many CSTD manufacturing players in this region, and the high incidence and prevalence of cancer. However, the APAC market is expected to witness the highest CAGR of 22.1% during the forecast period. The rising incidence of cancer, increasing demand for better healthcare services in developing economies, and increasing focus of international players on emerging markets such as India and China drive the growth of the Asia Pacific market.
A breakdown of the primary participants (supply-side) for the closed system transfer devices market referred to for this report is provided below:
- By Company Type: Tier 1-42%, Tier 2-37%, and Tier 3-21%
- By Designation: C-level-39%, Director Level-33%, and Others-28%
- By Region: North America-64%, Europe-17%, Asia Pacific-7%, Latin America- 6%, and the Middle East and Africa- 6%
Some of the key players in the closed system transfer device market are Becton, Dickinson and Company (US), ICU Medical (US), B Braun Melsungen (Germany), JMS (Japan), Equashield (US), Baxter International (US), West Pharmaceuticals Services (US), Simplivia Healthcare (Israel), Corvida Medical (US), Yukon Medical (US), CODAN Medizinische Geräte GmbH & Co KG (Germany), Victus (US), Caragen (Ireland), Vygon SA (US), Practivet (US), Corning Incorporated (US), Terumo Corporation (Japan), Cardinal Health (US), Eraser Medical (Turkey) and Insung Medical (South Korea) among others. The study includes an in-depth competitive analysis of these key players in the closed system transfer devices market, along with their company profiles, recent developments, and key market strategies.
Research Coverage:
The market study covers the closed system transfer devices market across various segments. It aims at estimating the market size and the growth potential of this market across different segments by closing mechanism, type, component, technology, end-user, and region. The study also includes an in-depth competitive analysis of the key players in the market, along with their company profiles, key observations related to their product and business offerings, recent developments, and key market strategies.
Key Benefits of Buying the Report:
The report will help market leaders/new entrants in this market and provide information regarding the closest approximations of the closed system transfer devices market and its segments. This report will help stakeholders understand the competitive landscape, gain insights to position their businesses better, and plan suitable go-to-market strategies. The report will also help stakeholders in understanding the pulse of the market and gaining information on key market drivers, restraints, opportunities, and challenges.
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| Report Attribute | Details |
|---|---|
| No. of Pages | 230 |
| Published | August 2021 |
| Forecast Period | 2021 - 2026 |
| Estimated Market Value ( USD | $ 814 Million |
| Forecasted Market Value ( USD | $ 2002 Million |
| Compound Annual Growth Rate | 19.7% |
| Regions Covered | Global |
| No. of Companies Mentioned | 25 |
Table of Contents
1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.2.1 Inclusion and Exclusions
1.3 Market Scope
Figure 1 Closed System Transfer Devices Market Segmentation
Figure 2 Closed System Transfer Devices Market, by Region
1.3.1 Years Considered for the Study
1.4 Currency
Table 1 Standard Currency Conversion Rates
1.5 Stakeholders
2 Research Methodology
2.1 Research Data
Figure 3 Research Design
2.1.1 Secondary Data
2.1.1.1 Key Data from Secondary Sources
2.1.2 Primary Data
Figure 4 Primary Sources
2.1.2.1 Key Data from Primary Sources
2.1.2.2 Key Industry Insights
Figure 5 Breakdown of Primary Interviews: Supply-Side and Demand-Side Participants
Figure 6 Breakdown of Primary Interviews (Supply-Side): by Company Type, Designation, and Region
Figure 7 Breakdown of Primary Interviews (Demand-Side): by End-user, Designation, and Region
2.2 Market Size Estimation
Figure 8 Supply-Side Market Size Estimation: Revenue Share Analysis
Figure 9 Revenue Share Analysis Illustration
Figure 10 Revenue Analysis of the Top Three Public Companies: Closed System Transfer Devices Market (2020)
Figure 11 Bottom-Up Approach
Figure 12 Top-Down Approach
Figure 13 CAGR Projections from the Analysis of Drivers, Restraints, Opportunities, and Challenges of the Closed System Transfer Devices Market (2021-2026)
Figure 14 CAGR Projections: Supply-Side Analysis
2.3 Market Breakdown and Data Triangulation
Figure 15 Data Triangulation Methodology
2.4 Assumptions for the Study
2.5 Limitations
2.5.1 Methodology-Related Limitations
2.6 Risk Assessment
Table 2 Risk Assessment: Closed System Transfer Devices Market
3 Executive Summary
Figure 16 Closed System Transfer Devices Market, by Closing Mechanism, 2021 Vs. 2026 (USD Million)
Figure 17 Closed System Transfer Devices Market, by Type, 2021 Vs. 2026 (USD Million)
Figure 18 Closed System Transfer Devices Market, by Technology, 2021 Vs. 2026 (USD Million)
Figure 19 Closed System Transfer Devices Market, by Component, 2021 Vs. 2026 (USD Million)
Figure 20 Closed System Transfer Devices Market, by End-user, 2021 Vs. 2026 (USD Million)
Figure 21 Geographic Snapshot: Closed System Transfer Devices Market
4 Premium Insights
4.1 Closed System Transfer Devices Market Overview
Figure 22 The Rising Incidence of Cancer is Driving the Growth of the Closed System Transfer Devices Market
4.2 Asia-Pacific: Closed System Transfer Devices Market Overview
Figure 23 Diaphragm-Based Devices Accounted for the Largest Share of the APAC Closed System Transfer Devices Market in 2020
4.3 Closed System Transfer Devices Market: Regional Mix
Figure 24 North America to Dominate the Market Throughout the Forecast Period
4.4 Closed System Transfer Devices Market: Geographical Growth Opportunities
Figure 25 China to Grow at the Highest CAGR During the Forecast Period
4.5 Closed System Transfer Devices Market: Developing Vs. Developed Markets
Figure 26 Developing Markets to Register Higher Growth During the Forecast Period
5 Market Overview
5.1 Introduction
Figure 27 Closed System Transfer Devices Market: Drivers, Restraints, Opportunities, and Challenges
5.1.1 Drivers
5.1.1.1 Rising Incidence of Cancer
Figure 28 Global Cancer Incidence (2008-2030)
Table 3 Cancer Rates, by Country (2018)
Table 4 US: New Cancer Cases (2017-2020)
5.1.1.2 The Increasing Number of Oncology Drug Approvals
Table 5 Fda Approvals: Novel Prescription Cancer Drugs in 2018
5.1.1.3 Increasing Use of Cstds to Combat the Harmful Effects of Cytotoxic or Antineoplastic Drugs
5.1.1.4 Growing Emphasis on the Implementation of Occupational Health and Safety Standards
Table 6 List of National/Local Regulatory Bodies Recommending the Use of Cstds for the Safe Handling of Hazardous Drugs, by Country
5.1.2 Restraints
5.1.2.1 High Cost of Implementation of Cstds and Lack of Reimbursement
Table 7 Average Annual Costs Associated with the Implementation of Various Cstd Systems (USD)
5.1.2.2 Lack of Compliance with Regulatory Guidelines in Developing Countries
5.1.3 Opportunities
5.1.3.1 Increasing Application of Cstds in Other Therapeutic Areas
5.1.3.2 Increasing Adoption in Emerging Economies due to Rising Healthcare Expenditure
5.1.4 Challenges
5.1.4.1 Gaps with Existing Cstds
Table 8 Issues, Challenges, and Potential Solutions Regarding the Safe Handling of Hazardous Drugs
5.1.4.2 Low Awareness Among Nurses About Cstds
5.2 Porter's Five Forces Analysis
Table 9 Closed System Transfer Devices Market: Porter's Five Forces Analysis
5.2.1 Threat of New Entrants
5.2.1.1 Growth in the Medication Delivery and Management Segment
5.2.1.2 Demand for Safe Drug Compounding and Handling Devices
5.2.1.3 Highly Concentrated Market
5.2.1.4 Poor Financing Environment
5.2.1.5 Stringent Regulatory Environment
5.2.2 Threat of Substitutes
5.2.2.1 Unavailability of Potential Safe Drug Handling Systems
5.2.2.2 Combination and Integration of Multiple Technologies
5.2.3 Bargaining Power of Suppliers
5.2.3.1 Institutional Technology Providers
5.2.3.2 Substantially Innovative Technologies
5.2.3.3 Dysfunctional Companies
5.2.4 Bargaining Power of Buyers
5.2.4.1 Few Buyers and Many Sellers
5.2.4.2 Buy-Out Threat
5.2.4.3 Point of Differentiation
5.2.5 Intensity of Competitive Rivalry
5.2.5.1 Highly Concentrated Industry
5.2.5.2 Similar Funding Source
5.3 Industry Trends
5.3.1 Automated Compounding of Hazardous Drugs Using Robotic Systems
5.3.2 Emerging Technologies for Rapid Detection Tests to Facilitate Routine Monitoring and Safe Handling of Hazardous Drugs
5.4 Product Features and Pricing Analysis
Table 10 Comparative Analysis of Commercially Available Cstds Based on Product Features
5.5 Utilization/Adoption of Cstds, by Region
Table 11 Intensity of Utilization/Adoption of Various Types of Cstds,
5.6 Regulatory Guidelines
Table 12 Stringency of Regulations for the Adoption of Cstds, by Region
5.6.1 Usp <800> Regulations
5.6.2 National Institute for Occupational Safety and Health
Table 13 Niosh Classification of Hazardous Drugs
Table 14 Niosh Hazardous Drug Administration Recommendations and Requirements
5.6.3 American Society of Health-System Pharmacists
Table 15 Niosh and Ashp Definitions of Hazardous Drugs
5.6.4 International Society of Oncology Pharmacy Practitioners
5.7 Regulatory Analysis
5.8 Ecosystem Mapping
Figure 29 Closed System Transfer Devices Market: Ecosystem (2020)
5.9 Value Chain Analysis
Figure 30 Value Chain Analysis: Closed System Transfer Devices
5.10 Supply Chain Analysis
Figure 31 Supply Chain Analysis: Closed System Transfer Devices Market
5.11 Patent Analysis
Figure 32 Patent Analysis: Closed System Transfer Devices Market
5.12 Key Markets for Import and Export (Trade Analysis for Closed System Transfer Devices)
Table 16 Import Value of Closed System Transfer Devices for Top 10 Countries in 2020
5.13 COVID-19 Impact Analysis
5.13.1 COVID-19 Health Assessment
5.13.2 COVID-19 Economic Assessment
5.13.3 Assessment of the Impact of COVID-19 on the Economic Scenario
Figure 33 Criteria Impacting the Global Economy
5.13.4 Assessment of the Impact of COVID-19 on the Economic Scenario in the Closed System Transfer Devices Market
5.14 Yc-Ycc Shift
Figure 34 Yc-Ycc Shift in the Closed System Transfer Devices Market
6 Closed System Transfer Devices Market, by Closing Mechanism
6.1 Introduction
Table 17 Types of Closing Mechanisms in the Currently Available Cstds
Table 18 Closed System Transfer Devices Market, by Closing Mechanism, 2019-2026 (USD Million)
6.2 Luer-Lock Systems
6.2.1 Luer-Lock Mechanisms Reduce the Risk of Exposure, Require Fewer Components, and Generate Less Biohazardous Waste - Key Advantages Driving Growth
Table 19 Luer-Lock Closed System Transfer Devices Market, by Country, 2019-2026 (USD Million)
6.3 Push-To-Turn Systems
6.3.1 High Adoption of Phaseal, a Pioneer in the Cstd Market - a Key Market Driver
Table 20 Push-To-Turn Closed System Transfer Devices Market, by Country, 2019-2026 (USD Million)
6.4 Click-To-Lock Systems
6.4.1 The User-Friendly Nature of Click-To-Lock Mechanisms Drives Their Adoption Among End-users
Table 21 Click-To-Lock Closed System Transfer Devices Market, by Country, 2019-2026 (USD Million)
6.5 Color-To-Color Alignment Systems
6.5.1 Low System Cost, Along with the Advantages Offered, Increases the Adoption of These Systems Among Pharmacists, Oncologists, and Nurses
Table 22 Color-To-Color Alignment Closed System Transfer Devices Market, by Country, 2019-2026 (USD Million)
7 Closed System Transfer Devices Market, by Type
7.1 Introduction
Table 23 Closed System Transfer Devices Market, by Type, 2019-2026 (USD Million)
7.2 Membrane-To-Membrane Systems
7.2.1 Membrane-To-Membrane Systems Provide a Double Layer of Protection for the Safe Transfer of Hazardous Drugs
Table 24 Leading Manufacturers of Membrane-To-Membrane Systems
Table 25 Membrane-To-Membrane Systems Market, by Country, 2019-2026 (USD Million)
7.3 Needleless Systems
7.3.1 Chemolock is the First Fda-Approved Needleless Cstd System
Table 26 Leading Manufacturers of Needleless Systems
Table 27 Needleless Systems Market, by Country, 2019-2026 (USD Million)
8 Closed System Transfer Devices Market, by Component
8.1 Introduction
Table 28 Closed System Transfer Devices Market, by Component,2019-2026 (USD Million)
8.2 Vial Access Devices
8.2.1 Increasing Regulatory Compliance to Drive the Adoption of Vial Access Devices in Hospitals & Oncology Centers
Table 29 Vial Access Components for Closed System Transfer Devices
Table 30 Closed System Transfer Devices Market for Vial Access Devices, by Country, 2019-2026 (USD Million)
8.3 Syringe Safety Devices
8.3.1 Advantages Such as Ease of Use and Leak Prevention are Driving the Adoption of These Devices Globally
Table 31 Syringe Safety Components for Closed System Transfer Devices
Table 32 Closed System Transfer Devices Market for Syringe Safety Devices, by Country, 2019-2026 (USD Million)
8.4 Bag/Line Access Devices
8.4.1 High Compatibility of Bag/Line Access Devices Drives Market Growth
Table 33 Bag/Line Access Components for Closed System Transfer Devices
Table 34 Closed System Transfer Devices Market for Bag/Line Access Devices, by Country, 2019-2026 (USD Million)
8.5 Accessories
8.5.1 Major Cstds Require Dedicated Administration Sets, Which Drives Growth in the Accessories Market
Table 35 Accessories for Closed System Transfer Devices
Table 36 Closed System Transfer Devices Market for Accessories, by Country, 2019-2026 (USD Million)
9 Closed System Transfer Devices Market, by Technology
9.1 Introduction
Table 37 Closed System Transfer Devices Market, by Technology,2019-2026 (USD Million)
9.2 Diaphragm-Based Devices
9.2.1 Diaphragm-Based Devices Dominate the Closed System Transfer Devices Market due to the Ease of Use & Safety Provided During the Handling of Hazardous Drugs
Table 38 Diaphragm-Based Devices Available in the Market
Table 39 Diaphragm-Based Closed System Transfer Devices Market, by Country, 2019-2026 (USD Million)
9.3 Compartmentalized Devices
9.3.1 Compartmentalized Devices to Witness the Highest Growth in the Market During the Forecast Period
Table 40 Compartmentalized Devices Available in the Market
Table 41 Compartmentalized Closed System Transfer Devices Market, by Country, 2019-2026 (USD Million)
9.4 Air Cleaning/Filtration Devices
9.4.1 Air Cleaning Devices Incorporate an Activated Carbon or Hydrophobic Filter to Help Reduce the Outflow of Contaminants
Table 42 Air Cleaning/Filtration Devices Available in the Market
Table 43 Air Cleaning/Filtration Closed System Transfer Devices Market, by Country, 2019-2026 (USD Million)
10 Closed System Transfer Devices Market, by End-user
10.1 Introduction
Table 44 Closed System Transfer Devices Market, by End-user, 2019-2026 (USD Million)
10.2 Hospitals & Clinics
10.2.1 Hospitals Form the Largest End-User Segment of the Closed System Transfer Devices Market
Table 45 Closed System Transfer Devices Market for Hospitals & Clinics, by Country, 2019-2026 (USD Million)
10.3 Oncology Centers
10.3.1 Increasing Regulatory Mandates to Drive the Adoption of Cstds in Oncology Centers & Clinics
Table 46 Closed System Transfer Devices Market for Oncology Centers, by Country, 2019-2026 (USD Million)
10.4 Other End-users
Table 47 Closed System Transfer Devices Market for Other End-users, by Country, 2019-2026 (USD Million)
11 Closed System Transfer Devices Market, by Region
11.1 Introduction
Figure 35 Closed System Transfer Devices Market: Geographic Growth Opportunities
Table 48 Closed System Transfer Devices Market, by Region, 2019-2026 (USD Million)
11.2 North America
Figure 36 North America: Closed System Transfer Devices Market Snapshot
Table 49 North America: Closed System Transfer Devices Market, by Country, 2019-2026 (USD Million)
Table 50 North America: Closed System Transfer Devices Market, by Closing Mechanism, 2019-2026 (USD Million)
Table 51 North America: Closed System Transfer Devices Market, by Type, 2019-2026 (USD Million)
Table 52 North America: Closed System Transfer Devices Market, by Component, 2019-2026 (USD Million)
Table 53 North America: Closed System Transfer Devices Market, by Technology, 2019-2026 (USD Million)
Table 54 North America: Closed System Transfer Devices Market, by End-user, 2019-2026 (USD Million)
11.2.1 US
11.2.1.1 Us Dominates the North American Market Primarily due to the Presence of Leading Cstd Manufacturing Companies & the High Burden of Cancer
Table 55 US: Key Macro indicators
Table 56 US: Closed System Transfer Devices Market, by Closing Mechanism, 2019-2026 (USD Million)
Table 57 US: Closed System Transfer Devices Market, by Type, 2019-2026 (USD Million)
Table 58 US: Closed System Transfer Devices Market, by Component, 2019-2026 (USD Million)
Table 59 US: Closed System Transfer Devices Market, by Technology, 2019-2026 (USD Million)
Table 60 US: Closed System Transfer Devices Market, by End-user, 2019-2026 (USD Million)
11.2.2 Canada
11.2.2.1 Increasing Prevalence of Cancer to Drive the Growth of the Canadian Market
Table 61 Canada: Key Macro indicators
Table 62 Canada: Closed System Transfer Devices Market, by Closing Mechanism, 2019-2026 (USD Million)
Table 63 Canada: Closed System Transfer Devices Market, by Type, 2019-2026 (USD Million)
Table 64 Canada: Closed System Transfer Devices Market, by Component, 2019-2026 (USD Million)
Table 65 Canada: Closed System Transfer Devices Market, by Technology, 2019-2026 (USD Million)
Table 66 Canada: Closed System Transfer Devices Market, by End-user, 2019-2026 (USD Million)
11.3 Europe
Figure 37 Europe: Closed System Transfer Devices Market Snapshot
Table 67 Europe: Closed System Transfer Devices Market, by Country, 2019-2026 (USD Million)
Table 68 Europe: Closed System Transfer Devices Market, by Closing Mechanism, 2019-2026 (USD Million)
Table 69 Europe: Closed System Transfer Devices Market, by Type, 2019-2026 (USD Million)
Table 70 Europe: Closed System Transfer Devices Market, by Component, 2019-2026 (USD Million)
Table 71 Europe: Closed System Transfer Devices Market, by Technology, 2019-2026 (USD Million)
Table 72 Europe: Closed System Transfer Devices Market, by End-user, 2019-2026 (USD Million)
11.3.1 Germany
11.3.1.1 Germany to Witness the Highest Growth in the European Market
Table 73 Germany: Key Macro indicators
Table 74 Germany: Closed System Transfer Devices Market, by Closing Mechanism, 2019-2026 (USD Million)
Table 75 Germany: Closed System Transfer Devices Market, by Type, 2019-2026 (USD Million)
Table 76 Germany: Closed System Transfer Devices Market, by Component, 2019-2026 (USD Million)
Table 77 Germany: Closed System Transfer Devices Market, by Technology, 2019-2026 (USD Million)
Table 78 Germany: Closed System Transfer Devices Market, by End-user, 2019-2026 (USD Million)
11.3.2 UK
11.3.2.1 High Cost of Cstds to Restrain the Market Growth
Table 79 UK: Key Macro indicators
Table 80 UK: Closed System Transfer Devices Market, by Closing Mechanism, 2019-2026 (USD Million)
Table 81 UK: Closed System Transfer Devices Market, by Type, 2019-2026 (USD Million)
Table 82 UK: Closed System Transfer Devices Market, by Component, 2019-2026 (USD Million)
Table 83 UK: Closed System Transfer Devices Market, by Technology, 2019-2026 (USD Million)
Table 84 UK: Closed System Transfer Devices Market, by End-user, 2019-2026 (USD Million)
11.3.3 France
11.3.3.1 High Cancer Prevalence and the High Healthcare Expenditure in the Country to Drive Market Growth in France
Table 85 France: Key Macro indicators
Table 86 France: Closed System Transfer Devices Market, by Closing Mechanism, 2019-2026 (USD Million)
Table 87 France: Closed System Transfer Devices Market, by Type, 2019-2026 (USD Million)
Table 88 France: Closed System Transfer Devices Market, by Component, 2019-2026 (USD Million)
Table 89 France: Closed System Transfer Devices Market, by Technology, 2019-2026 (USD Million)
Table 90 France: Closed System Transfer Devices Market, by End-user, 2019-2026 (USD Million)
11.3.4 Italy
11.3.4.1 Increasing Geriatric Population and the Subsequent Increase in the Prevalence of Cancer to Drive the Market for Closed System Transfer Devices in Italy
Table 91 Italy: Key Macro indicators
Table 92 Italy: Closed System Transfer Devices Market, by Closing Mechanism, 2019-2026 (USD Million)
Table 93 Italy: Closed System Transfer Devices Market, by Type, 2019-2026 (USD Million)
Table 94 Italy: Closed System Transfer Devices Market, by Component, 2019-2026 (USD Million)
Table 95 Italy: Closed System Transfer Devices Market, by Technology, 2019-2026 (USD Million)
Table 96 Italy: Closed System Transfer Devices Market, by End-user, 2019-2026 (USD Million)
11.3.5 Spain
11.3.5.1 Lack of Specific Regulations About Cstds is Restraining the Growth of this Market
Table 97 Spain: Key Macro indicators
Table 98 Spain: Closed System Transfer Devices Market, by Closing Mechanism, 2019-2026 (USD Million)
Table 99 Spain: Closed System Transfer Devices Market, by Type, 2019-2026 (USD Million)
Table 100 Spain: Closed System Transfer Devices Market, by Component, 2019-2026 (USD Million)
Table 101 Spain: Closed System Transfer Devices Market, by Technology, 2019-2026 (USD Million)
Table 102 Spain: Closed System Transfer Devices Market, by End-user, 2019-2026 (USD Million)
11.3.6 Rest of Europe
Table 103 Roe: Closed System Transfer Devices Market, by Closing Mechanism, 2019-2026 (USD Million)
Table 104 Roe: Closed System Transfer Devices Market, by Type, 2019-2026 (USD Million)
Table 105 Roe: Closed System Transfer Devices Market, by Component, 2019-2026 (USD Million)
Table 106 Roe: Closed System Transfer Devices Market, by Technology, 2019-2026 (USD Million)
Table 107 Roe: Closed System Transfer Devices Market, by End-user, 2019-2026 (USD Million)
11.4 Asia-Pacific
Figure 38 Asia-Pacific: Closed System Transfer Devices Market Snapshot
Table 108 APAC: Closed System Transfer Devices Market, by Country, 2019-2026 (USD Million)
Table 109 APAC: Closed System Transfer Devices Market, by Closing Mechanism, 2019-2026 (USD Million)
Table 110 APAC: Closed System Transfer Devices Market, by Type, 2019-2026 (USD Million)
Table 111 APAC: Closed System Transfer Devices Market, by Component, 2019-2026 (USD Million)
Table 112 APAC: Closed System Transfer Devices Market, by Technology, 2019-2026 (USD Million)
Table 113 APAC: Closed System Transfer Devices Market, by End-user, 2019-2026 (USD Million)
11.4.1 Japan
11.4.1.1 Japan to Dominate the APAC Cstds Market
Table 114 Japan: Key Macro indicators
Table 115 Japan: Closed System Transfer Devices Market, by Closing Mechanism, 2019-2026 (USD Million)
Table 116 Japan: Closed System Transfer Devices Market, by Type, 2019-2026 (USD Million)
Table 117 Japan: Closed System Transfer Devices Market, by Component, 2019-2026 (USD Million)
Table 118 Japan: Closed System Transfer Devices Market, by Technology, 2019-2026 (USD Million)
Table 119 Japan: Closed System Transfer Devices Market, by End-user, 2019-2026 (USD Million)
11.4.2 China
11.4.2.1 The Large Patient Pool Provides Significant Growth Opportunities in China
Table 120 China: Key Macro indicators
Table 121 China: Closed System Transfer Devices Market, by Closing Mechanism, 2019-2026 (USD Million)
Table 122 China: Closed System Transfer Devices Market, by Type, 2019-2026 (USD Million)
Table 123 China: Closed System Transfer Devices Market, by Component, 2019-2026 (USD Million)
Table 124 China: Closed System Transfer Devices Market, by Technology, 2019-2026 (USD Million)
Table 125 China: Closed System Transfer Devices Market, by End-user, 2019-2026 (USD Million)
11.4.3 India
11.4.3.1 Low Manufacturing Costs and Skilled Workforce are Attracting Outsourcing and Investment to India
Table 126 India: Key Macro indicators
Table 127 India: Closed System Transfer Devices Market, by Closing Mechanism, 2019-2026 (USD Million)
Table 128 India: Closed System Transfer Devices Market, by Type, 2019-2026 (USD Million)
Table 129 India: Closed System Transfer Devices Market, by Component, 2019-2026 (USD Million)
Table 130 India: Closed System Transfer Devices Market, by Technology, 2019-2026 (USD Million)
Table 131 India: Closed System Transfer Devices Market, by End-user, 2019-2026 (USD Million)
11.4.4 Rest of APAC
Table 132 Roapac: Closed System Transfer Devices Market, by Closing Mechanism, 2019-2026 (USD Million)
Table 133 Roapac: Closed System Transfer Devices Market, by Type, 2019-2026 (USD Million)
Table 134 Roapac: Closed System Transfer Devices Market, by Component, 2019-2026 (USD Million)
Table 135 Roapac: Closed System Transfer Devices Market, by Technology, 2019-2026 (USD Million)
Table 136 Roapac: Closed System Transfer Devices Market, by End-user, 2019-2026 (USD Million)
11.5 Latin America
11.5.1 Rising Cancer Incidence to Drive Market Growth in Latam
Table 137 Latin America: Closed System Transfer Devices Market, by Closing Mechanism, 2019-2026 (USD Million)
Table 138 Latin America: Closed System Transfer Devices Market, by Type, 2019-2026 (USD Million)
Table 139 Latin America: Closed System Transfer Devices Market, by Component, 2019-2026 (USD Million)
Table 140 Latin America: Closed System Transfer Devices Market, by Technology, 2019-2026 (USD Million)
Table 141 Latin America: Closed System Transfer Devices Market, by End-user, 2019-2026 (USD Million)
11.6 Middle East and Africa
11.6.1 MEA Market to Grow at a Slower Rate Than Latin America
Table 142 Middle East & Africa: Closed System Transfer Devices Market, by Closing Mechanism, 2019-2026 (USD Million)
Table 143 Middle East & Africa: Closed System Transfer Devices Market, by Type, 2019-2026 (USD Million)
Table 144 Middle East & Africa: Closed System Transfer Devices Market, by Component, 2019-2026 (USD Million)
Table 145 Middle East & Africa: Closed System Transfer Devices Market, by Technology, 2019-2026 (USD Million)
Table 146 Middle East & Africa: Closed System Transfer Devices Market, by End-user, 2019-2026 (USD Million)
12 Competitive Landscape
12.1 Overview
12.2 Key Player Strategies/Right to Win
Figure 39 Overview of Strategies Adopted by Major Players in the Closed System Transfer Device Market
12.3 Revenue Share Analysis
12.3.1 Revenue Analysis for Key Players in the Closed System Transfer Devices Market
Figure 40 Revenue Analysis for Key Players in the Closed System Transfer Devices Market in the Past Five Years
12.4 Market Share Analysis
12.4.1 Closed System Transfer Devices Market (2020)
Figure 41 Share of Leading Companies in the Global Closed System Transfer Devices Market (2020)
Table 147 Closed System Transfer Devices Market: Degree of Competition
12.5 R&D Assessment of Key Players
12.6 Geographic Revenue Assessment of Key Players
12.7 Company Evaluation Quadrant
12.7.1 Company Evaluation Quadrant: Closed System Transfer Devices Market
12.7.1.1 Stars
12.7.1.2 Pervasive Players
12.7.1.3 Emerging Leaders
12.7.1.4 Participants
Figure 42 Closed System Transfer Devices Market: Company Evaluation Matrix, 2020
12.8 Competitive Benchmarking
12.8.1 Overall Company Footprint
Table 148 Overall Company Footprint (20 Companies)
Table 149 Company Footprint: by Closing Mechanism (20 Companies)
Table 150 Company Footprint: by Type (20 Companies)
Table 151 Company Footprint: by Component (20 Companies)
Table 152 Company Footprint: by Technology (20 Companies)
Table 153 Company Footprint: by End-user (20 Companies)
Table 154 Company Footprint: by Region (20 Companies)
12.9 Competitive Situations and Trends
12.9.1 Product Launches & Approvals
Table 155 Product Launches & Approvals (2018-May 2021)
12.9.2 Deals
Table 156 Deals (2018-May 2021)
12.9.3 Other Developments
Table 157 Other Developments (2018-May 2021)
13 Company Profiles
13.1 Key Players
13.1.1 Becton, Dickinson and Company
Table 158 Bd: Business Overview
Figure 43 Bd: Company Snapshot
13.1.2 Icu Medical
Table 159 Icu Medical: Business Overview
Figure 44 Icu Medical: Company Snapshot
13.1.3 Equashield
Table 160 Equashield: Business Overview
13.1.4 B. Braun Melsungen
Table 161 B. Braun Melsungen: Business Overview
Figure 45 B. Braun Melsungen Ag: Company Snapshot
13.1.5 Jms
Table 162 Jms: Business Overview
Figure 46 Jms: Company Snapshot
13.1.6 Baxter International
Table 163 Baxter International.: Business Overview
Figure 47 Baxter International: Company Snapshot
13.1.7 Simplivia Healthcare
Table 164 Simplivia Healthcare: Business Overview
13.1.8 Corvida Medical
Table 165 Corvida Medical: Business Overview
13.1.9 Yukon Medical
Table 166 Yukon Medical: Business Overview
13.1.10 Codan Medizinische Geräte
Table 167 Codan Medizinische Geräte: Business Overview
13.1.11 Victus
Table 168 Victus: Business Overview
13.1.12 Caragen
Table 169 Caragen: Business Overview
13.2 Other Players
13.2.1 West Pharmaceuticals Services
Table 170 West Pharmaceuticals Services: Business Overview
Figure 48 West Pharmaceutical Services: Company Snapshot (2020)
13.2.2 Vygon Sa
Table 171 Vygon: Business Overview
13.2.3 Practivet
Table 172 Practivet: Business Overview
13.2.4 Corning Incorporated
Table 173 Corning Incorporated: Business Overview
Figure 49 Corning Incorporated: Company Snapshot (2020)
13.2.5 Terumo Corporation
Table 174 Terumo Corporation: Business Overview
Figure 50 Terumo Corporation: Company Snapshot
13.2.6 Cardinal Health
Table 175 Cardinal Health: Business Overview
Figure 51 Cardinal Health: Company Snapshot
13.2.7 Eraser Medical
Table 176 Eraser Medical: Business Overview
13.2.8 Insung Medical
Table 177 Insung Medical: Business Overview
13.2.9 Needleless Corporation
13.2.10 Advcare Medical
13.2.11 Elcam Medical
13.2.12 Epic Medical
13.2.13 Edge Pharma
14 Appendix
14.1 Discussion Guide
14.2 Knowledgestore: The Subscription Portal
14.3 Available Customizations
Executive Summary
Companies Mentioned
- Advcare Medical
- B. Braun Melsungen
- Baxter International
- Becton, Dickinson and Company
- Caragen
- Cardinal Health
- Codan Medizinische Geräte
- Corning Incorporated
- Corvida Medical
- Edge Pharma
- Elcam Medical
- Epic Medical
- Equashield
- Eraser Medical
- ICU Medical
- Insung Medical
- JMS
- Needleless Corporation
- Practivet
- Simplivia Healthcare
- Terumo Corporation
- Victus
- Vygon Sa
- West Pharmaceuticals Services
- Yukon Medical
Methodology
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