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Global Closed System Transfer Device Market Research Report 2024
Synopsis
Closed System Transfer Device (CSTD) is a drug transfer device that mechanically prohibits the transfer of environmental contaminants into a system and the escape of hazardous drug or vapor concentrations outside the system, which designed to prevent the escape of hazardous drug vapors into the environment during drug reconstitution and administration.
The global Closed System Transfer Device market was valued at US$ 678.9 million in 2023 and is anticipated to reach US$ 2235.3 million by 2030, witnessing a CAGR of 18.5% during the forecast period 2024-2030.
Millions of healthcare workers are exposed to chemotherapy and other hazardous drugs annually. Studies have shown that exposure to these hazardous drugs can cause serious health problems, “such as cancer, reproductive and development problems and other adverse effects that can be irreversible even after low-level exposures,” according to the Occupational Safety & Health Administration (OSHA), National Institute of Occupational Safety & Health (NIOSH), and Joint Commission. Therefore, Potential market is huge in the future.
United States dominated the Closed System Drug Transfer Device (CSTD), and is the largest production base. In addition to United States, there are some other production areas, such as Europe. In consumption market, North America is the mainly consumption regions due to the bigger demand of downstream applications. In 2022, North America occupied over 75% of the global revenue in total. However, the above forecast is based on the current policy. If a country suddenly made the relevant policies, then the entire market will change.
As for global Closed System Drug Transfer Device (CSTD) market, there are several key players, like BD Medical, Inc, Equashield, ICU Medical. The market is not only influenced by the price, but also influenced by the product performance. The leading companies own the advantages on better performance, more abundant product’s types, better technical and impeccable after-sales service. Consequently, they take the majority of the market share of high-end market.
Meanwhile, the government's attitude has a huge impact on the market. However, now, only the United States and some European and Asia countries have promulgated relevant policies. But, even in these countries, the level of promotion is still relatively low. At present, the market is relatively concentrated, and the price is relatively high. Therefore, Enterprises with price advantage will occupy part of the market in the future.
This report aims to provide a comprehensive presentation of the global market for Closed System Transfer Device, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Closed System Transfer Device.
Report Scope
The Closed System Transfer Device market size, estimations, and forecasts are provided in terms of sales volume (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Closed System Transfer Device market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Closed System Transfer Device manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
BD Medical, Inc
Equashield, LLC
ICU Medical, Inc
Teva Medical Ltd
Corvida Medical
B. Braun
Segment by Type
Closed Vial Access Devices
Closed Syringe Safety Devices
Closed Bag/Line Access Devices
Segment by Application
Hospital
Clinic
Consumption by Region
North America
U.S.
Canada
Europe
Germany
Sweden
France
Finland
Spain
Asia-Pacific
China
Japan
India
Southeast Asia
Australia
Latin America
Mexico
Middle East & Africa
Turkey
Saudi Arabia
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Closed System Transfer Device manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Sales, revenue of Closed System Transfer Device in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 7: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 8: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 9: The main points and conclusions of the report.
Closed System Transfer Device (CSTD) is a drug transfer device that mechanically prohibits the transfer of environmental contaminants into a system and the escape of hazardous drug or vapor concentrations outside the system, which designed to prevent the escape of hazardous drug vapors into the environment during drug reconstitution and administration.
The global Closed System Transfer Device market was valued at US$ 678.9 million in 2023 and is anticipated to reach US$ 2235.3 million by 2030, witnessing a CAGR of 18.5% during the forecast period 2024-2030.
Millions of healthcare workers are exposed to chemotherapy and other hazardous drugs annually. Studies have shown that exposure to these hazardous drugs can cause serious health problems, “such as cancer, reproductive and development problems and other adverse effects that can be irreversible even after low-level exposures,” according to the Occupational Safety & Health Administration (OSHA), National Institute of Occupational Safety & Health (NIOSH), and Joint Commission. Therefore, Potential market is huge in the future.
United States dominated the Closed System Drug Transfer Device (CSTD), and is the largest production base. In addition to United States, there are some other production areas, such as Europe. In consumption market, North America is the mainly consumption regions due to the bigger demand of downstream applications. In 2022, North America occupied over 75% of the global revenue in total. However, the above forecast is based on the current policy. If a country suddenly made the relevant policies, then the entire market will change.
As for global Closed System Drug Transfer Device (CSTD) market, there are several key players, like BD Medical, Inc, Equashield, ICU Medical. The market is not only influenced by the price, but also influenced by the product performance. The leading companies own the advantages on better performance, more abundant product’s types, better technical and impeccable after-sales service. Consequently, they take the majority of the market share of high-end market.
Meanwhile, the government's attitude has a huge impact on the market. However, now, only the United States and some European and Asia countries have promulgated relevant policies. But, even in these countries, the level of promotion is still relatively low. At present, the market is relatively concentrated, and the price is relatively high. Therefore, Enterprises with price advantage will occupy part of the market in the future.
This report aims to provide a comprehensive presentation of the global market for Closed System Transfer Device, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Closed System Transfer Device.
Report Scope
The Closed System Transfer Device market size, estimations, and forecasts are provided in terms of sales volume (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Closed System Transfer Device market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Closed System Transfer Device manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
BD Medical, Inc
Equashield, LLC
ICU Medical, Inc
Teva Medical Ltd
Corvida Medical
B. Braun
Segment by Type
Closed Vial Access Devices
Closed Syringe Safety Devices
Closed Bag/Line Access Devices
Segment by Application
Hospital
Clinic
Consumption by Region
North America
U.S.
Canada
Europe
Germany
Sweden
France
Finland
Spain
Asia-Pacific
China
Japan
India
Southeast Asia
Australia
Latin America
Mexico
Middle East & Africa
Turkey
Saudi Arabia
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Closed System Transfer Device manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Sales, revenue of Closed System Transfer Device in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 7: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 8: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 9: The main points and conclusions of the report.
Index1 Closed System Transfer Device Market Overview
1.1 Product Overview and Scope of Closed System Transfer Device
1.2 Closed System Transfer Device Segment by Type
1.2.1 Global Closed System Transfer Device Market Value Comparison by Type (2024-2030)
1.2.2 Closed Vial Access Devices
1.2.3 Closed Syringe Safety Devices
1.2.4 Closed Bag/Line Access Devices
1.3 Closed System Transfer Device Segment by Application
1.3.1 Global Closed System Transfer Device Market Value by Application: (2024-2030)
1.3.2 Hospital
1.3.3 Clinic
1.4 Global Closed System Transfer Device Market Size Estimates and Forecasts
1.4.1 Global Closed System Transfer Device Revenue 2019-2030
1.4.2 Global Closed System Transfer Device Sales 2019-2030
1.4.3 Global Closed System Transfer Device Market Average Price (2019-2030)
1.5 Assumptions and Limitations
2 Closed System Transfer Device Market Competition by Manufacturers
2.1 Global Closed System Transfer Device Sales Market Share by Manufacturers (2019-2024)
2.2 Global Closed System Transfer Device Revenue Market Share by Manufacturers (2019-2024)
2.3 Global Closed System Transfer Device Average Price by Manufacturers (2019-2024)
2.4 Global Closed System Transfer Device Industry Ranking 2022 VS 2023 VS 2024
2.5 Global Key Manufacturers of Closed System Transfer Device, Manufacturing Sites & Headquarters
2.6 Global Key Manufacturers of Closed System Transfer Device, Product Type & Application
2.7 Closed System Transfer Device Market Competitive Situation and Trends
2.7.1 Closed System Transfer Device Market Concentration Rate
2.7.2 The Global Top 5 and Top 10 Largest Closed System Transfer Device Players Market Share by Revenue
2.7.3 Global Closed System Transfer Device Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.8 Manufacturers Mergers & Acquisitions, Expansion Plans
3 Closed System Transfer Device Retrospective Market Scenario by Region
3.1 Global Closed System Transfer Device Market Size by Region: 2019 Versus 2023 Versus 2030
3.2 Global Closed System Transfer Device Global Closed System Transfer Device Sales by Region: 2019-2030
3.2.1 Global Closed System Transfer Device Sales by Region: 2019-2024
3.2.2 Global Closed System Transfer Device Sales by Region: 2025-2030
3.3 Global Closed System Transfer Device Global Closed System Transfer Device Revenue by Region: 2019-2030
3.3.1 Global Closed System Transfer Device Revenue by Region: 2019-2024
3.3.2 Global Closed System Transfer Device Revenue by Region: 2025-2030
3.4 North America Closed System Transfer Device Market Facts & Figures by Country
3.4.1 North America Closed System Transfer Device Market Size by Country: 2019 VS 2023 VS 2030
3.4.2 North America Closed System Transfer Device Sales by Country (2019-2030)
3.4.3 North America Closed System Transfer Device Revenue by Country (2019-2030)
3.4.4 U.S.
3.4.5 Canada
3.5 Europe Closed System Transfer Device Market Facts & Figures by Country
3.5.1 Europe Closed System Transfer Device Market Size by Country: 2019 VS 2023 VS 2030
3.5.2 Europe Closed System Transfer Device Sales by Country (2019-2030)
3.5.3 Europe Closed System Transfer Device Revenue by Country (2019-2030)
3.5.4 Germany
3.5.5 Sweden
3.5.6 France
3.5.7 Finland
3.5.8 Spain
3.6 Asia Pacific Closed System Transfer Device Market Facts & Figures by Country
3.6.1 Asia Pacific Closed System Transfer Device Market Size by Country: 2019 VS 2023 VS 2030
3.6.2 Asia Pacific Closed System Transfer Device Sales by Country (2019-2030)
3.6.3 Asia Pacific Closed System Transfer Device Revenue by Country (2019-2030)
3.6.4 China
3.6.5 Japan
3.6.6 India
3.6.7 Southeast Asia
3.6.8 Australia
3.7 Latin America Closed System Transfer Device Market Facts & Figures by Country
3.7.1 Latin America Closed System Transfer Device Market Size by Country: 2019 VS 2023 VS 2030
3.7.2 Latin America Closed System Transfer Device Sales by Country (2019-2030)
3.7.3 Latin America Closed System Transfer Device Revenue by Country (2019-2030)
3.7.4 Mexico
3.8 Middle East and Africa Closed System Transfer Device Market Facts & Figures by Country
3.8.1 Middle East and Africa Closed System Transfer Device Market Size by Country: 2019 VS 2023 VS 2030
3.8.2 Middle East and Africa Closed System Transfer Device Sales by Country (2019-2030)
3.8.3 Middle East and Africa Closed System Transfer Device Revenue by Country (2019-2030)
3.8.4 Turkey
3.8.5 Saudi Arabia
4 Segment by Type
4.1 Global Closed System Transfer Device Sales by Type (2019-2030)
4.1.1 Global Closed System Transfer Device Sales by Type (2019-2024)
4.1.2 Global Closed System Transfer Device Sales by Type (2025-2030)
4.1.3 Global Closed System Transfer Device Sales Market Share by Type (2019-2030)
4.2 Global Closed System Transfer Device Revenue by Type (2019-2030)
4.2.1 Global Closed System Transfer Device Revenue by Type (2019-2024)
4.2.2 Global Closed System Transfer Device Revenue by Type (2025-2030)
4.2.3 Global Closed System Transfer Device Revenue Market Share by Type (2019-2030)
4.3 Global Closed System Transfer Device Price by Type (2019-2030)
5 Segment by Application
5.1 Global Closed System Transfer Device Sales by Application (2019-2030)
5.1.1 Global Closed System Transfer Device Sales by Application (2019-2024)
5.1.2 Global Closed System Transfer Device Sales by Application (2025-2030)
5.1.3 Global Closed System Transfer Device Sales Market Share by Application (2019-2030)
5.2 Global Closed System Transfer Device Revenue by Application (2019-2030)
5.2.1 Global Closed System Transfer Device Revenue by Application (2019-2024)
5.2.2 Global Closed System Transfer Device Revenue by Application (2025-2030)
5.2.3 Global Closed System Transfer Device Revenue Market Share by Application (2019-2030)
5.3 Global Closed System Transfer Device Price by Application (2019-2030)
6 Key Companies Profiled
6.1 BD Medical, Inc
6.1.1 BD Medical, Inc Corporation Information
6.1.2 BD Medical, Inc Description and Business Overview
6.1.3 BD Medical, Inc Closed System Transfer Device Sales, Revenue and Gross Margin (2019-2024)
6.1.4 BD Medical, Inc Closed System Transfer Device Product Portfolio
6.1.5 BD Medical, Inc Recent Developments/Updates
6.2 Equashield, LLC
6.2.1 Equashield, LLC Corporation Information
6.2.2 Equashield, LLC Description and Business Overview
6.2.3 Equashield, LLC Closed System Transfer Device Sales, Revenue and Gross Margin (2019-2024)
6.2.4 Equashield, LLC Closed System Transfer Device Product Portfolio
6.2.5 Equashield, LLC Recent Developments/Updates
6.3 ICU Medical, Inc
6.3.1 ICU Medical, Inc Corporation Information
6.3.2 ICU Medical, Inc Description and Business Overview
6.3.3 ICU Medical, Inc Closed System Transfer Device Sales, Revenue and Gross Margin (2019-2024)
6.3.4 ICU Medical, Inc Closed System Transfer Device Product Portfolio
6.3.5 ICU Medical, Inc Recent Developments/Updates
6.4 Teva Medical Ltd
6.4.1 Teva Medical Ltd Corporation Information
6.4.2 Teva Medical Ltd Description and Business Overview
6.4.3 Teva Medical Ltd Closed System Transfer Device Sales, Revenue and Gross Margin (2019-2024)
6.4.4 Teva Medical Ltd Closed System Transfer Device Product Portfolio
6.4.5 Teva Medical Ltd Recent Developments/Updates
6.5 Corvida Medical
6.5.1 Corvida Medical Corporation Information
6.5.2 Corvida Medical Description and Business Overview
6.5.3 Corvida Medical Closed System Transfer Device Sales, Revenue and Gross Margin (2019-2024)
6.5.4 Corvida Medical Closed System Transfer Device Product Portfolio
6.5.5 Corvida Medical Recent Developments/Updates
6.6 B. Braun
6.6.1 B. Braun Corporation Information
6.6.2 B. Braun Description and Business Overview
6.6.3 B. Braun Closed System Transfer Device Sales, Revenue and Gross Margin (2019-2024)
6.6.4 B. Braun Closed System Transfer Device Product Portfolio
6.6.5 B. Braun Recent Developments/Updates
7 Industry Chain and Sales Channels Analysis
7.1 Closed System Transfer Device Industry Chain Analysis
7.2 Closed System Transfer Device Key Raw Materials
7.2.1 Key Raw Materials
7.2.2 Raw Materials Key Suppliers
7.3 Closed System Transfer Device Production Mode & Process
7.4 Closed System Transfer Device Sales and Marketing
7.4.1 Closed System Transfer Device Sales Channels
7.4.2 Closed System Transfer Device Distributors
7.5 Closed System Transfer Device Customers
8 Closed System Transfer Device Market Dynamics
8.1 Closed System Transfer Device Industry Trends
8.2 Closed System Transfer Device Market Drivers
8.3 Closed System Transfer Device Market Challenges
8.4 Closed System Transfer Device Market Restraints
9 Research Finding and Conclusion
10 Methodology and Data Source
10.1 Methodology/Research Approach
10.1.1 Research Programs/Design
10.1.2 Market Size Estimation
10.1.3 Market Breakdown and Data Triangulation
10.2 Data Source
10.2.1 Secondary Sources
10.2.2 Primary Sources
10.3 Author List
10.4 Disclaimer
Published By : QY Research
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