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Asia Pacific 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

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    Report

  • 149 Pages
  • April 2024
  • Region: Asia Pacific
  • Marqual IT Solutions Pvt. Ltd (KBV Research)
  • ID: 5955393
The Asia Pacific Closed System Transfer Devices Market would witness market growth of 15.1% CAGR during the forecast period (2024-2031).

The China market dominated the Asia Pacific 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 $195.7 million by 2031. The Japan market is registering a CAGR of 14.5% during (2024 - 2031). Additionally, The India market would showcase a CAGR of 15.9% during (2024 - 2031).



Closed system transfer devices find applications across various healthcare settings where the handling of hazardous drugs is prevalent. For instance, oncology settings are among the primary users of CSTDs due to the extensive use of chemotherapy drugs. CSTDs ensure the safe preparation, transfer, and administration of chemotherapy medications, minimizing the risk of exposure to healthcare workers and patients.

Pharmacies that compound sterile preparations utilize CSTDs to maintain sterility and prevent contamination during the compounding process. CSTDs provide a closed system for transferring sterile drugs and ingredients, ensuring the integrity of compounded medications. Compounding pharmacists rely on CSTDs to minimize the risk of microbial contamination and ensure the safety and efficacy of compounded medications.

The increasing cancer rates in China highlight the importance of prioritizing healthcare worker safety, particularly concerning the handling of hazardous drugs. According to the National Library of Medicine, in 2022, China experienced approximately 48,20,000 new cancer cases and 32,10,000 cancer-related deaths, with lung cancer being the most prevalent form of cancer in the country. As cancer rates continue to grow in China, there is a corresponding increase in the demand for chemotherapy as a primary treatment modality. The growing demand for chemotherapy drives the adoption of CSTDs as essential tools for ensuring safe drug preparation, transfer, and administration in Chinese healthcare facilities. In conclusion, the expansion of the medical device industry and high rates of cancer in the region are promoting market 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 China, Japan, India, South Korea, Australia, Malaysia, and Rest of Asia Pacific.

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
  • China
  • Japan
  • India
  • South Korea
  • Singapore
  • Malaysia
  • Rest of Asia Pacific

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 Asia Pacific Closed System Transfer Devices Market, by Type
1.4.2 Asia Pacific Closed System Transfer Devices Market, by Component
1.4.3 Asia Pacific Closed System Transfer Devices Market, by Technology
1.4.4 Asia Pacific Closed System Transfer Devices Market, by Closing Mechanism
1.4.5 Asia Pacific Closed System Transfer Devices Market, by End User
1.4.6 Asia Pacific 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. Asia Pacific Closed System Transfer Devices Market by Type
5.1 Asia Pacific Membrane-to-Membrane Market by Country
5.2 Asia Pacific Needleless Market by Country
Chapter 6. Asia Pacific Closed System Transfer Devices Market by Component
6.1 Asia Pacific Vial access components Market by Country
6.2 Asia Pacific Female Components Market by Country
6.3 Asia Pacific Male Luers Market by Country
6.4 Asia Pacific Bag Spikes Market by Country
6.5 Asia Pacific Others Market by Country
Chapter 7. Asia Pacific Closed System Transfer Devices Market by Technology
7.1 Asia Pacific Diaphragm-based devices Market by Country
7.2 Asia Pacific Compartmentalized devices Market by Country
7.3 Asia Pacific Air cleaning/filtration devices Market by Country
Chapter 8. Asia Pacific Closed System Transfer Devices Market by Closing Mechanism
8.1 Asia Pacific Luer Lock System Market by Country
8.2 Asia Pacific Push-to-Turn System Market by Country
8.3 Asia Pacific Click-to-Lock System Market by Country
8.4 Asia Pacific Color-to-Color alignment System Market by Country
Chapter 9. Asia Pacific Closed System Transfer Devices Market by End User
9.1 Asia Pacific Hospitals & Clinics Market by Country
9.2 Asia Pacific Oncology Centers Market by Country
9.3 Asia Pacific Others Market by Country
Chapter 10. Asia Pacific Closed System Transfer Devices Market by Country
10.1 China Closed System Transfer Devices Market
10.1.1 China Closed System Transfer Devices Market by Type
10.1.2 China Closed System Transfer Devices Market by Component
10.1.3 China Closed System Transfer Devices Market by Technology
10.1.4 China Closed System Transfer Devices Market by Closing Mechanism
10.1.5 China Closed System Transfer Devices Market by End User
10.2 Japan Closed System Transfer Devices Market
10.2.1 Japan Closed System Transfer Devices Market by Type
10.2.2 Japan Closed System Transfer Devices Market by Component
10.2.3 Japan Closed System Transfer Devices Market by Technology
10.2.4 Japan Closed System Transfer Devices Market by Closing Mechanism
10.2.5 Japan Closed System Transfer Devices Market by End User
10.3 India Closed System Transfer Devices Market
10.3.1 India Closed System Transfer Devices Market by Type
10.3.2 India Closed System Transfer Devices Market by Component
10.3.3 India Closed System Transfer Devices Market by Technology
10.3.4 India Closed System Transfer Devices Market by Closing Mechanism
10.3.5 India Closed System Transfer Devices Market by End User
10.4 South Korea Closed System Transfer Devices Market
10.4.1 South Korea Closed System Transfer Devices Market by Type
10.4.2 South Korea Closed System Transfer Devices Market by Component
10.4.3 South Korea Closed System Transfer Devices Market by Technology
10.4.4 South Korea Closed System Transfer Devices Market by Closing Mechanism
10.4.5 South Korea Closed System Transfer Devices Market by End User
10.5 Australia Closed System Transfer Devices Market
10.5.1 Australia Closed System Transfer Devices Market by Type
10.5.2 Australia Closed System Transfer Devices Market by Component
10.5.3 Australia Closed System Transfer Devices Market by Technology
10.5.4 Australia Closed System Transfer Devices Market by Closing Mechanism
10.5.5 Australia Closed System Transfer Devices Market by End User
10.6 Malaysia Closed System Transfer Devices Market
10.6.1 Malaysia Closed System Transfer Devices Market by Type
10.6.2 Malaysia Closed System Transfer Devices Market by Component
10.6.3 Malaysia Closed System Transfer Devices Market by Technology
10.6.4 Malaysia Closed System Transfer Devices Market by Closing Mechanism
10.6.5 Malaysia Closed System Transfer Devices Market by End User
10.7 Rest of Asia Pacific Closed System Transfer Devices Market
10.7.1 Rest of Asia Pacific Closed System Transfer Devices Market by Type
10.7.2 Rest of Asia Pacific Closed System Transfer Devices Market by Component
10.7.3 Rest of Asia Pacific Closed System Transfer Devices Market by Technology
10.7.4 Rest of Asia Pacific Closed System Transfer Devices Market by Closing Mechanism
10.7.5 Rest of Asia Pacific 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
11.4.4 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

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