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.
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. So, Potential market is huge in the future.
The global Needlefree Closed System Transfer Device (CSTD) market is valued at 380 million US$ in 2020 and will reach 1640 million US$ by the end of 2026, growing at a CAGR of 20.0% during 2021-2026. The objectives of this study are to define, segment, and project the size of the Needlefree Closed System Transfer Device (CSTD) market based on company, product type, end user and key regions.
This report studies the global market size of Needlefree Closed System Transfer Device (CSTD) in key regions like North America, Europe, Asia Pacific, Central & South America and Middle East & Africa, focuses on the consumption of Needlefree Closed System Transfer Device (CSTD) in these regions.
This research report categorizes the global Needlefree Closed System Transfer Device (CSTD) market by top players/brands, region, type and end user. This report also studies the global Needlefree Closed System Transfer Device (CSTD) market status, competition landscape, market share, growth rate, future trends, market drivers, opportunities and challenges, sales channels and distributors.
This report covers the present status and the future prospects of the global Needlefree Closed System Transfer Device (CSTD) market for 2015-2026.
The report offers detailed coverage of Needlefree Closed System Transfer Device (CSTD) industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Needlefree Closed System Transfer Device (CSTD) by geography. The report splits the market size, by volume and value, on the basis of application type and geography.
And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].
Key Companies
Closed Vial Access Devices, Closed Syringe Safety Devices, Closed Bag/Line Access Devices,
Market Segment as follows:
Market by Order Type
Closed Vial Access Devices
Closed Syringe Safety Devices
Closed Bag/Line Access Devices
Market size by End User
Hospital
Clinic
market while maintaining their competitive edge over their competitors. The report offers detailed and crucial information to understand the overall market scenario.
By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Needlefree Closed System Transfer Device (CSTD) market for the forecast period 2021 - 2026?
• What are the driving forces in the Needlefree Closed System Transfer Device (CSTD) market for the forecast period 2021 - 2026?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Needlefree Closed System Transfer Device (CSTD) industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?
Note – In order to provide more accurate market forecast, all our reports will be updated before delivery by considering the impact of COVID-19.