Global Closed System Drug Transfer Device (CSTD) Market Size Study, by Type (Barrier Type, Filtration Type), by Closing Mechanism (Push to Turn System, Color-to-Color Alignment System, Leur Lock Systems, Others), by Component (Vial Access Devices, Syringe

Global Closed System Drug Transfer Device (CSTD) Market Size Study, by Type (Barrier Type, Filtration Type), by Closing Mechanism (Push to Turn System, Color-to-Color Alignment System, Leur Lock Systems, Others), by Component (Vial Access Devices, Syringe Safety Devices, Bag/Infusion Set Devices, Others), by Technology (Compartmentalize Devices, Diaphragm-based Devices, Air Filtration Devices), by End User (Hospitals & Clinics, Specialty Centers, Others), and Regional Forecasts 2022-2032


Global Closed System Drug Transfer Device (CSTD) Market is valued at approximately USD 874.23 million in 2023 and is anticipated to grow with a healthy growth rate of more than 17.32% over the forecast period 2024-2032. Closed System Drug Transfer Devices (CSTDs) play a critical role in mitigating exposure to hazardous drugs during preparation and administration, making them indispensable in modern healthcare settings. CSTDs effectively prevent the escape of hazardous drugs and vapor concentrations outside the system, thus ensuring safety for healthcare professionals and patients. The market's growth can be attributed to the increasing prevalence of chronic diseases, particularly cancer, which necessitates the use of potent and hazardous drugs, thus driving the demand for CSTDs.

The increasing use of hazardous drugs in healthcare settings is driving the demand for the Closed System Drug Transfer Device (CSTD) market. Hazardous drugs, including chemotherapy agents, antiviral drugs, and bioengineered medications, pose significant risks to healthcare workers due to their toxic nature. To mitigate these risks, CSTDs are essential as they prevent the escape of hazardous drug vapors and liquids during preparation, administration, and disposal processes. The growing awareness of occupational safety and stringent regulations by health authorities, such as the Occupational Safety and Health Administration (OSHA) and the National Institute for Occupational Safety and Health (NIOSH), have further propelled the adoption of CSTDs. Additionally, the increasing incidence of cancer and other chronic diseases requiring hazardous drug treatments has led to a higher volume of drug handling, thus boosting the demand for CSTDs to ensure a safe working environment for healthcare professionals.

The key region in the Global Closed System Drug Transfer Device (CSTD) Market includes North America, Asia Pacific Europe, Latin America, and Middle East & Africa. In 2023, North American region dominates the CSTD market in terms of revenue, driven by the increasing prevalence of cancer and robust research and development infrastructure. Additionally, Europe showcases substantial growth, propelled by its advanced healthcare industry and prominent research initiatives. The Asia-Pacific region is poised for significant growth, fueled by the increasing number of new vendors and the rising prevalence of chronic diseases. Countries such as China and India are anticipated to play pivotal roles in this growth trajectory.

Major market player included in this report are:

Becton, Dickinson and Company

BRAUN SE

Epic Medical

JMS Co. Ltd

Equashield

ICU Medical, Inc

Yukon Medical

Simplivia Healthcare, Ltd.

Caragen Ltd

Corvida Medical

Baxter International Inc.

Teva Pharmaceutical Industries Ltd.

Pfizer Inc.

Novartis AG

Sanofi S.A.

The detailed segments and sub-segment of the market are explained below:

By Type:

Barrier Type

Filtration Type

By Closing Mechanism:

Push to Turn System

Color-to-Color Alignment System

Leur Lock Systems

Others

By Component:

Vial Access Devices

Syringe Safety Devices

Bag/Infusion Set Devices

Others

By Technology:

Compartmentalize Devices

Diaphragm-based Devices

Air Filtration Devices

By End User:

Hospitals & Clinics

Specialty Centers

Others

By Region:

North America

U.S.

Canada

Europe

UK

Germany

France

Spain

Italy

ROE

Asia Pacific

China

India

Japan

Australia

South Korea

RoAPAC

Latin America

Brazil

Mexico

Rest of Latin America

Middle East & Africa

Saudi Arabia

South Africa

RoMEA

Years considered for the study are as follows:

Historical year – 2022

Base year – 2023

Forecast period – 2024 to 2032

Key Takeaways:

Market Estimates & Forecast for 10 years from 2022 to 2032.

Annualized revenues and regional level analysis for each market segment.

Detailed analysis of geographical landscape with Country level analysis of major regions.

Competitive landscape with information on major players in the market.

Analysis of key business strategies and recommendations on future market approach.

Analysis of competitive structure of the market.

Demand side and supply side analysis of the market.

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Chapter 1. Global Closed System Drug Transfer Device (CSTD) Market Executive Summary
1.1. Global Closed System Drug Transfer Device (CSTD) Market Size & Forecast (2022-2032)
1.2. Regional Summary
1.3. Segmental Summary
1.3.1. By Type
1.3.2. By Closing Mechanism
1.3.3. By Component
1.3.4. By Technology
1.3.5. By End User
1.4. Key Trends
1.5. Recession Impact
1.6. Analyst Recommendation & Conclusion
Chapter 2. Global Closed System Drug Transfer Device (CSTD) Market Definition and Research Assumptions
2.1. Research Objective
2.2. Market Definition
2.3. Research Assumptions
2.3.1. Inclusion & Exclusion
2.3.2. Limitations
2.3.3. Supply Side Analysis
2.3.3.1. Availability
2.3.3.2. Infrastructure
2.3.3.3. Regulatory Environment
2.3.3.4. Market Competition
2.3.3.5. Economic Viability (Consumer’s Perspective)
2.3.4. Demand Side Analysis
2.3.4.1. Regulatory Frameworks
2.3.4.2. Technological Advancements
2.3.4.3. Environmental Considerations
2.3.4.4. Consumer Awareness & Acceptance
2.4. Estimation Methodology
2.5. Years Considered for the Study
2.6. Currency Conversion Rates
Chapter 3. Global Closed System Drug Transfer Device (CSTD) Market Dynamics
3.1. Market Drivers
3.1.1. Increasing Use of Hazardous Drugs
3.1.2. Growing Oncology Services
3.2. Market Challenges
3.2.1. High Cost of CSTDs
3.2.2. Limited Awareness in Emerging Markets
3.3. Market Opportunities
3.3.1. Technological Advancements in CSTDs
3.3.2. Expansion in Home Healthcare Services
3.3.3. Growing Geriatric Population
Chapter 4. Global Closed System Drug Transfer Device (CSTD) Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model
4.1.7. Porter’s 5 Force Impact Analysis
4.2. PESTEL Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.2.5. Environmental
4.2.6. Legal
4.3. Top Investment Opportunity
4.4. Top Winning Strategies
4.5. Disruptive Trends
4.6. Industry Expert Perspective
4.7. Analyst Recommendation & Conclusion
Chapter 5. Global Closed System Drug Transfer Device (CSTD) Market Size & Forecasts by Type 2022-2032
5.1. Segment Dashboard
5.2. Global Closed System Drug Transfer Device (CSTD) Market: Type Revenue Trend Analysis, 2022 & 2032 (USD Million)
5.2.1. Barrier Type
5.2.2. Filtration Type
Chapter 6. Global Closed System Drug Transfer Device (CSTD) Market Size & Forecasts by Closing Mechanism 2022-2032
6.1. Segment Dashboard
6.2. Global Closed System Drug Transfer Device (CSTD) Market: Closing Mechanism Revenue Trend Analysis, 2022 & 2032 (USD Million)
6.2.1. Push to Turn System
6.2.2. Color-to-Color Alignment System
6.2.3. Leur Lock Systems
6.2.4. Others
Chapter 7. Global Closed System Drug Transfer Device (CSTD) Market Size & Forecasts by Component 2022-2032
7.1. Segment Dashboard
7.2. Global Closed System Drug Transfer Device (CSTD) Market: Component Revenue Trend Analysis, 2022 & 2032 (USD Million)
7.2.1. Vial Access Devices
7.2.2. Syringe Safety Devices
7.2.3. Bag/Infusion Set Devices
7.2.4. Others
Chapter 8. Global Closed System Drug Transfer Device (CSTD) Market Size & Forecasts by Technology 2022-2032
8.1. Segment Dashboard
8.2. Global Closed System Drug Transfer Device (CSTD) Market: Technology Revenue Trend Analysis, 2022 & 2032 (USD Million)
8.2.1. Compartmentalize Devices
8.2.2. Diaphragm-based Devices
8.2.3. Air Filtration Devices
Chapter 9. Global Closed System Drug Transfer Device (CSTD) Market Size & Forecasts by End User 2022-2032
9.1. Segment Dashboard
9.2. Global Closed System Drug Transfer Device (CSTD) Market: End User Revenue Trend Analysis, 2022 & 2032 (USD Million)
9.2.1. Hospitals & Clinics
9.2.2. Specialty Centers
9.2.3. Others
Chapter 10. Global Closed System Drug Transfer Device (CSTD) Market Size & Forecasts by Region 2022-2032
10.1. North America Closed System Drug Transfer Device (CSTD) Market
10.1.1. U.S. Closed System Drug Transfer Device (CSTD) Market
10.1.1.1. Type breakdown size & forecasts, 2022-2032
10.1.1.2. Closing Mechanism breakdown size & forecasts, 2022-2032
10.1.1.3. Component breakdown size & forecasts, 2022-2032
10.1.1.4. Technology breakdown size & forecasts, 2022-2032
10.1.1.5. End User breakdown size & forecasts, 2022-2032
10.1.2. Canada Closed System Drug Transfer Device (CSTD) Market
10.2. Europe Closed System Drug Transfer Device (CSTD) Market
10.2.1. U.K. Closed System Drug Transfer Device (CSTD) Market
10.2.2. Germany Closed System Drug Transfer Device (CSTD) Market
10.2.3. France Closed System Drug Transfer Device (CSTD) Market
10.2.4. Spain Closed System Drug Transfer Device (CSTD) Market
10.2.5. Italy Closed System Drug Transfer Device (CSTD) Market
10.2.6. Rest of Europe Closed System Drug Transfer Device (CSTD) Market
10.3. Asia-Pacific Closed System Drug Transfer Device (CSTD) Market
10.3.1. China Closed System Drug Transfer Device (CSTD) Market
10.3.2. India Closed System Drug Transfer Device (CSTD) Market
10.3.3. Japan Closed System Drug Transfer Device (CSTD) Market
10.3.4. Australia Closed System Drug Transfer Device (CSTD) Market
10.3.5. South Korea Closed System Drug Transfer Device (CSTD) Market
10.3.6. Rest of Asia Pacific Closed System Drug Transfer Device (CSTD) Market
10.4. Latin America Closed System Drug Transfer Device (CSTD) Market
10.4.1. Brazil Closed System Drug Transfer Device (CSTD) Market
10.4.2. Mexico Closed System Drug Transfer Device (CSTD) Market
10.4.3. Rest of Latin America Closed System Drug Transfer Device (CSTD) Market
10.5. Middle East & Africa Closed System Drug Transfer Device (CSTD) Market
10.5.1. Saudi Arabia Closed System Drug Transfer Device (CSTD) Market
10.5.2. South Africa Closed System Drug Transfer Device (CSTD) Market
10.5.3. Rest of Middle East & Africa Closed System Drug Transfer Device (CSTD) Market
Chapter 11. Competitive Intelligence
11.1. Key Company SWOT Analysis
11.1.1. Company 1
11.1.2. Company 2
11.1.3. Company 3
11.2. Top Market Strategies
11.3. Company Profiles
11.3.1. Becton, Dickinson and Company
11.3.1.1. Key Information
11.3.1.2. Overview
11.3.1.3. Financial (Subject to Data Availability)
11.3.1.4. Product Summary
11.3.1.5. Market Strategies
11.3.2. BRAUN SE
11.3.3. Epic Medical
11.3.4. JMS Co. Ltd
11.3.5. Equashield
11.3.6. ICU Medical, Inc
11.3.7. Yukon Medical
11.3.8. Simplivia Healthcare, Ltd.
11.3.9. Caragen Ltd
11.3.10. Corvida Medical
11.3.11. Baxter International Inc.
11.3.12. Teva Pharmaceutical Industries Ltd.
11.3.13. Pfizer Inc.
11.3.14. Novartis AG
11.3.15. Sanofi S.A.
Chapter 12. Research Process
12.1. Research Process
12.1.1. Data Mining
12.1.2. Analysis
12.1.3. Market Estimation
12.1.4. Validation
12.1.5. Publishing
12.2. Research Attributes
List of Tables
TABLE 1. Global Closed System Drug Transfer Device (CSTD) market, report scope
TABLE 2. Global Closed System Drug Transfer Device (CSTD) market estimates & forecasts by Region 2022-2032 (USD Million)
TABLE 3. Global Closed System Drug Transfer Device (CSTD) market estimates & forecasts by Type 2022-2032 (USD Million)
TABLE 4. Global Closed System Drug Transfer Device (CSTD) market estimates & forecasts by Closing Mechanism 2022-2032 (USD Million)
TABLE 5. Global Closed System Drug Transfer Device (CSTD) market estimates & forecasts by Component 2022-2032 (USD Million)
TABLE 6. Global Closed System Drug Transfer Device (CSTD) market estimates & forecasts by Technology 2022-2032 (USD Million)
TABLE 7. Global Closed System Drug Transfer Device (CSTD) market estimates & forecasts by End-User 2022-2032 (USD Million)
TABLE 8. Global Closed System Drug Transfer Device (CSTD) market by segment, estimates & forecasts, 2022-2032 (USD Million)
TABLE 9. Global Closed System Drug Transfer Device (CSTD) market by region, estimates & forecasts, 2022-2032 (USD Million)
TABLE 10. Global Closed System Drug Transfer Device (CSTD) market by segment, estimates & forecasts, 2022-2032 (USD Million)
TABLE 11. Global Closed System Drug Transfer Device (CSTD) market by region, estimates & forecasts, 2022-2032 (USD Million)
TABLE 12. Global Closed System Drug Transfer Device (CSTD) market by segment, estimates & forecasts, 2022-2032 (USD Million)
TABLE 13. Global Closed System Drug Transfer Device (CSTD) market by region, estimates & forecasts, 2022-2032 (USD Million)
TABLE 14. Global Closed System Drug Transfer Device (CSTD) market by segment, estimates & forecasts, 2022-2032 (USD Million)
TABLE 15. Global Closed System Drug Transfer Device (CSTD) market by region, estimates & forecasts, 2022-2032 (USD Million)
TABLE 16. Global Closed System Drug Transfer Device (CSTD) market by segment, estimates & forecasts, 2022-2032 (USD Million)
TABLE 17. Global Closed System Drug Transfer Device (CSTD) market by region, estimates & forecasts, 2022-2032 (USD Million)
TABLE 18. U.S. Closed System Drug Transfer Device (CSTD) market estimates & forecasts, 2022-2032 (USD Million)
TABLE 19. U.S. Closed System Drug Transfer Device (CSTD) market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 20. U.S. Closed System Drug Transfer Device (CSTD) market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 21. Canada Closed System Drug Transfer Device (CSTD) market estimates & forecasts, 2022-2032 (USD Million)
TABLE 22. Canada Closed System Drug Transfer Device (CSTD) market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 23. Canada Closed System Drug Transfer Device (CSTD) market estimates & forecasts by segment 2022-2032 (USD Million)
This list is not complete, final report does contain more than 100 tables. The list may be updated in the final deliverable.
List of Figures
FIGURE 1. Global Closed System Drug Transfer Device (CSTD) market, research methodology
FIGURE 2. Global Closed System Drug Transfer Device (CSTD) market, market estimation techniques
FIGURE 3. Global market size estimates & forecast methods.
FIGURE 4. Global Closed System Drug Transfer Device (CSTD) market, key trends 2023
FIGURE 5. Global Closed System Drug Transfer Device (CSTD) market, growth prospects 2022-2032
FIGURE 6. Global Closed System Drug Transfer Device (CSTD) market, porters 5 force model
FIGURE 7. Global Closed System Drug Transfer Device (CSTD) market, PESTEL analysis
FIGURE 8. Global Closed System Drug Transfer Device (CSTD) market, value chain analysis
FIGURE 9. Global Closed System Drug Transfer Device (CSTD) market by segment, 2022 & 2032 (USD Million)
FIGURE 10. Global Closed System Drug Transfer Device (CSTD) market by segment, 2022 & 2032 (USD Million)
FIGURE 11. Global Closed System Drug Transfer Device (CSTD) market by segment, 2022 & 2032 (USD Million)
FIGURE 12. Global Closed System Drug Transfer Device (CSTD) market by segment, 2022 & 2032 (USD Million)
FIGURE 13. Global Closed System Drug Transfer Device (CSTD) market by segment, 2022 & 2032 (USD Million)
FIGURE 14. Global Closed System Drug Transfer Device (CSTD) market, regional snapshot 2022 & 2032
FIGURE 15. North America Closed System Drug Transfer Device (CSTD) market 2022 & 2032 (USD Million)
FIGURE 16. Europe Closed System Drug Transfer Device (CSTD) market 2022 & 2032 (USD Million)
FIGURE 17. Asia pacific Closed System Drug Transfer Device (CSTD) market 2022 & 2032 (USD Million)
FIGURE 18. Latin America Closed System Drug Transfer Device (CSTD) market 2022 & 2032 (USD Million)
FIGURE 19. Middle East & Africa Closed System Drug Transfer Device (CSTD) market 2022 & 2032 (USD Million)
FIGURE 20. Global Closed System Drug Transfer Device (CSTD) market, company market share analysis (2023)
This list is not complete, final report does contain more than 50 figures. The list may be updated in the final deliverable.

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