+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

Europe Closed System Transfer Devices Market Size, Share & Trends Analysis Report By Type (Membrane-to-Membrane, and Needleless), By Component, By Technology, By Closing Mechanism, By End User, By Country and Growth Forecast, 2024 - 2031

  • PDF Icon

    Report

  • 144 Pages
  • April 2024
  • Marqual IT Solutions Pvt. Ltd (KBV Research)
  • ID: 5955355
The Europe Closed System Transfer Devices Market would witness market growth of 13.8% CAGR during the forecast period (2024-2031).

The Germany market dominated the Europe Closed System Transfer Devices Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $176.1 million by 2031. The UK market would experience of 12.8% during (2024 - 2031). Additionally, The France market is exhibiting a CAGR a CAGR of 14.7% during (2024 - 2031).



Traditional methods of drug handling, such as open vial transfer and manual reconstitution, pose significant risks of contamination and exposure. The adoption of closed-system handling with CSTDs mitigates these risks by providing a sealed environment for drug transfer and administration. Healthcare facilities increasingly recognize the advantages of closed-system handling in minimizing the risk of exposure to hazardous drugs.

The rising incidence of cancer and other diseases requiring treatment with chemotherapy and biological drugs has contributed to the increased adoption of CSTDs. These potent and hazardous medications require careful handling to ensure patient and healthcare workers’ safety. As the use of chemotherapy and biological drugs continues to grow, so does the demand for CSTDs to facilitate their safe handling and administration.

With higher healthcare expenditure, European healthcare systems allocate more resources towards improving patient safety and minimizing risks associated with medical procedures. As per the data from the Organization for Economic Co-operation and Development, in 2020, an unprecedented 10.9% of the GDP of the European Union was devoted to health care. With health expenditures exceeding 12% of their GDP, Germany and France allocated the highest proportions. Belgium, Austria, Sweden, and the Netherlands spent more than 11 percent of their GDP on health. The growing investment in patient safety drives the adoption of CSTDs as an essential component of comprehensive safety protocols. Therefore, the pharmaceutical industry’s expansion and the healthcare sector’s high expenditure drive the market’s growth.

Based on Type, the market is segmented into Membrane-to-Membrane, and Needleless. Based on Component, the market is segmented into Vial access components, Female Components, Male Luers, Bag Spikes, and Others. Based on Technology, the market is segmented into Diaphragm-based devices, Compartmentalized devices, and Air cleaning/filtration devices. Based on Closing Mechanism, the market is segmented into Luer Lock System, Push-to-Turn System, Click-to-Lock System, and Color-to-Color alignment System. Based on End User, the market is segmented into Hospitals & Clinics, Oncology Centers, and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.

List of Key Companies Profiled

  • Becton, Dickinson and Company
  • ICU Medical, Inc.
  • B.Braun Melsungen AG
  • Baxter International, Inc
  • Terumo Corporation
  • Equashield LLC
  • Simplivia Healthcare Ltd.
  • CODAN Medizinische Geräte GmbH
  • Corning Incorporated
  • Vygon SAS

Market Report Segmentation

By Type
  • Membrane-to-Membrane
  • Needleless
By Component
  • Vial access components
  • Female Components
  • Male Luers
  • Bag Spikes
  • Others
By Technology
  • Diaphragm-based devices
  • Compartmentalized devices
  • Air cleaning/filtration devices
By Closing Mechanism
  • Luer Lock System
  • Push-to-Turn System
  • Click-to-Lock System
  • Color-to-Color alignment System
By End User
  • Hospitals & Clinics
  • Oncology Centers
  • Others
By Country
  • Germany
  • UK
  • France
  • Russia
  • Spain
  • Italy
  • Rest of Europe

Table of Contents

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Europe Closed System Transfer Devices Market, by Type
1.4.2 Europe Closed System Transfer Devices Market, by Component
1.4.3 Europe Closed System Transfer Devices Market, by Technology
1.4.4 Europe Closed System Transfer Devices Market, by Closing Mechanism
1.4.5 Europe Closed System Transfer Devices Market, by End User
1.4.6 Europe Closed System Transfer Devices Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges
Chapter 4. Competition Analysis - Global
4.1 Market Share Analysis, 2023
4.2 Porter’s Five Forces Analysis
Chapter 5. Europe Closed System Transfer Devices Market by Type
5.1 Europe Membrane-to-Membrane Market by Country
5.2 Europe Needleless Market by Country
Chapter 6. Europe Closed System Transfer Devices Market by Component
6.1 Europe Vial access components Market by Country
6.2 Europe Female Components Market by Country
6.3 Europe Male Luers Market by Country
6.4 Europe Bag Spikes Market by Country
6.5 Europe Others Market by Country
Chapter 7. Europe Closed System Transfer Devices Market by Technology
7.1 Europe Diaphragm-based devices Market by Country
7.2 Europe Compartmentalized devices Market by Country
7.3 Europe Air cleaning/filtration devices Market by Country
Chapter 8. Europe Closed System Transfer Devices Market by Closing Mechanism
8.1 Europe Luer Lock System Market by Country
8.2 Europe Push-to-Turn System Market by Country
8.3 Europe Click-to-Lock System Market by Country
8.4 Europe Color-to-Color alignment System Market by Country
Chapter 9. Europe Closed System Transfer Devices Market by End User
9.1 Europe Hospitals & Clinics Market by Country
9.2 Europe Oncology Centers Market by Country
9.3 Europe Others Market by Country
Chapter 10. Europe Closed System Transfer Devices Market by Country
10.1 Germany Closed System Transfer Devices Market
10.1.1 Germany Closed System Transfer Devices Market by Type
10.1.2 Germany Closed System Transfer Devices Market by Component
10.1.3 Germany Closed System Transfer Devices Market by Technology
10.1.4 Germany Closed System Transfer Devices Market by Closing Mechanism
10.1.5 Germany Closed System Transfer Devices Market by End User
10.2 UK Closed System Transfer Devices Market
10.2.1 UK Closed System Transfer Devices Market by Type
10.2.2 UK Closed System Transfer Devices Market by Component
10.2.3 UK Closed System Transfer Devices Market by Technology
10.2.4 UK Closed System Transfer Devices Market by Closing Mechanism
10.2.5 UK Closed System Transfer Devices Market by End User
10.3 France Closed System Transfer Devices Market
10.3.1 France Closed System Transfer Devices Market by Type
10.3.2 France Closed System Transfer Devices Market by Component
10.3.3 France Closed System Transfer Devices Market by Technology
10.3.4 France Closed System Transfer Devices Market by Closing Mechanism
10.3.5 France Closed System Transfer Devices Market by End User
10.4 Russia Closed System Transfer Devices Market
10.4.1 Russia Closed System Transfer Devices Market by Type
10.4.2 Russia Closed System Transfer Devices Market by Component
10.4.3 Russia Closed System Transfer Devices Market by Technology
10.4.4 Russia Closed System Transfer Devices Market by Closing Mechanism
10.4.5 Russia Closed System Transfer Devices Market by End User
10.5 Spain Closed System Transfer Devices Market
10.5.1 Spain Closed System Transfer Devices Market by Type
10.5.2 Spain Closed System Transfer Devices Market by Component
10.5.3 Spain Closed System Transfer Devices Market by Technology
10.5.4 Spain Closed System Transfer Devices Market by Closing Mechanism
10.5.5 Spain Closed System Transfer Devices Market by End User
10.6 Italy Closed System Transfer Devices Market
10.6.1 Italy Closed System Transfer Devices Market by Type
10.6.2 Italy Closed System Transfer Devices Market by Component
10.6.3 Italy Closed System Transfer Devices Market by Technology
10.6.4 Italy Closed System Transfer Devices Market by Closing Mechanism
10.6.5 Italy Closed System Transfer Devices Market by End User
10.7 Rest of Europe Closed System Transfer Devices Market
10.7.1 Rest of Europe Closed System Transfer Devices Market by Type
10.7.2 Rest of Europe Closed System Transfer Devices Market by Component
10.7.3 Rest of Europe Closed System Transfer Devices Market by Technology
10.7.4 Rest of Europe Closed System Transfer Devices Market by Closing Mechanism
10.7.5 Rest of Europe Closed System Transfer Devices Market by End User
Chapter 11. Company Profiles
11.1 Becton, Dickinson, and Company
11.1.1 Company Overview
11.1.2 Financial Analysis
11.1.3 Segmental and Regional Analysis
11.1.4 Research & Development Expense
11.1.5 SWOT Analysis
11.2 ICU Medical, Inc.
11.2.1 Company Overview
11.2.2 Financial Analysis
11.2.3 Regional Analysis
11.2.4 Research & Development Expenses
11.2.5 Recent strategies and developments:
11.2.5.1 Acquisition and Mergers:
11.2.6 SWOT Analysis
11.3 B. Braun Melsungen AG
11.3.1 Company Overview
11.3.2 Financial Analysis
11.3.3 Segmental and Regional Analysis
11.3.4 Research & Development Expenses
11.3.5 SWOT Analysis
11.4 Baxter International, Inc.
11.4.1 Company Overview
11.4.2 Financial Analysis
11.4.3 Segmental Analysis
11.4.4 Research & Development Expense
11.4.5 SWOT Analysis
11.5 Terumo Corporation
11.5.1 Company Overview
11.5.2 Financial Analysis
11.5.3 Segmental and Regional Analysis
11.5.4 Research & Development Expenses
11.5.5 SWOT Analysis
11.6 Equashield LLC
11.6.1 Company Overview
11.6.2 SWOT Analysis
11.7 Simplivia Healthcare Ltd.
11.7.1 Company Overview
11.7.2 Recent strategies and developments:
11.7.2.1 Product Launches and Product Expansions:
11.7.3 SWOT Analysis
11.8 CODAN Medizinische Geräte GmbH
11.8.1 Company Overview
11.8.2 SWOT Analysis
11.9 Corning Incorporated
11.9.1 Company Overview
11.9.2 Financial Analysis
11.9.3 Segmental and Regional Analysis
11.9.4 Research & Development Expenses
11.9.5 SWOT Analysis
11.10. Vygon SAS
11.10.1 Company Overview
11.10.2 SWOT Analysis

Companies Mentioned

  • Becton, Dickinson and Company
  • ICU Medical, Inc.
  • B. Braun Melsungen AG
  • Baxter International, Inc
  • Terumo Corporation
  • Equashield LLC
  • Simplivia Healthcare Ltd.
  • CODAN Medizinische Geräte GmbH
  • Corning Incorporated
  • Vygon SAS

Methodology

Loading
LOADING...