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Closed System Transfer Device-Global Market Insights and Sales Trends 2025
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 size is expected to reach US$ 2235.3 million by 2029, growing at a CAGR of 18.5% from 2023 to 2029. The market is mainly driven by the significant applications of Closed System Transfer Device in various end use industries. The expanding demands from the Hospital and Clinic, are propelling Closed System Transfer Device market. Closed Vial Access Devices, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Closed Syringe Safety Devices segment is estimated at % CAGR for the next seven-year period.
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.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Closed System Transfer Device, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Closed System Transfer Device market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Closed System Transfer Device market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Closed System Transfer Device sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Closed System Transfer Device covered in this report include BD Medical, Inc, Equashield, LLC, ICU Medical, Inc, Teva Medical Ltd, Corvida Medical and B. Braun, etc.
The global Closed System Transfer Device market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
BD Medical, Inc
Equashield, LLC
ICU Medical, Inc
Teva Medical Ltd
Corvida Medical
B. Braun
Global Closed System Transfer Device market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Closed System Transfer Device market, Segment by Type:
Closed Vial Access Devices
Closed Syringe Safety Devices
Closed Bag/Line Access Devices
Global Closed System Transfer Device market, by Application
Hospital
Clinic
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Closed System Transfer Device manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Closed System Transfer Device in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: 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 Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. 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 Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
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 size is expected to reach US$ 2235.3 million by 2029, growing at a CAGR of 18.5% from 2023 to 2029. The market is mainly driven by the significant applications of Closed System Transfer Device in various end use industries. The expanding demands from the Hospital and Clinic, are propelling Closed System Transfer Device market. Closed Vial Access Devices, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Closed Syringe Safety Devices segment is estimated at % CAGR for the next seven-year period.
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.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Closed System Transfer Device, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Closed System Transfer Device market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Closed System Transfer Device market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Closed System Transfer Device sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Closed System Transfer Device covered in this report include BD Medical, Inc, Equashield, LLC, ICU Medical, Inc, Teva Medical Ltd, Corvida Medical and B. Braun, etc.
The global Closed System Transfer Device market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
BD Medical, Inc
Equashield, LLC
ICU Medical, Inc
Teva Medical Ltd
Corvida Medical
B. Braun
Global Closed System Transfer Device market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Closed System Transfer Device market, Segment by Type:
Closed Vial Access Devices
Closed Syringe Safety Devices
Closed Bag/Line Access Devices
Global Closed System Transfer Device market, by Application
Hospital
Clinic
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Closed System Transfer Device manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Closed System Transfer Device in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: 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 Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. 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 Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Closed System Transfer Device Market Overview
1.1 Closed System Transfer Device Product Overview
1.2 Closed System Transfer Device Market Segment by Type
1.2.1 Closed Vial Access Devices
1.2.2 Closed Syringe Safety Devices
1.2.3 Closed Bag/Line Access Devices
1.3 Global Closed System Transfer Device Market Size by Type
1.3.1 Global Closed System Transfer Device Market Size Overview by Type (2018-2029)
1.3.2 Global Closed System Transfer Device Historic Market Size Review by Type (2018-2023)
1.3.3 Global Closed System Transfer Device Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Closed System Transfer Device Sales Breakdown by Type (2018-2023)
1.4.2 Europe Closed System Transfer Device Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Closed System Transfer Device Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Closed System Transfer Device Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Closed System Transfer Device Sales Breakdown by Type (2018-2023)
2 Global Closed System Transfer Device Market Competition by Company
2.1 Global Top Players by Closed System Transfer Device Sales (2018-2023)
2.2 Global Top Players by Closed System Transfer Device Revenue (2018-2023)
2.3 Global Top Players by Closed System Transfer Device Price (2018-2023)
2.4 Global Top Manufacturers Closed System Transfer Device Manufacturing Base Distribution, Sales Area, Product Type
2.5 Closed System Transfer Device Market Competitive Situation and Trends
2.5.1 Closed System Transfer Device Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Closed System Transfer Device Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Closed System Transfer Device as of 2022)
2.7 Date of Key Manufacturers Enter into Closed System Transfer Device Market
2.8 Key Manufacturers Closed System Transfer Device Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Closed System Transfer Device Status and Outlook by Region
3.1 Global Closed System Transfer Device Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Closed System Transfer Device Historic Market Size by Region
3.2.1 Global Closed System Transfer Device Sales in Volume by Region (2018-2023)
3.2.2 Global Closed System Transfer Device Sales in Value by Region (2018-2023)
3.2.3 Global Closed System Transfer Device Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Closed System Transfer Device Forecasted Market Size by Region
3.3.1 Global Closed System Transfer Device Sales in Volume by Region (2024-2029)
3.3.2 Global Closed System Transfer Device Sales in Value by Region (2024-2029)
3.3.3 Global Closed System Transfer Device Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Closed System Transfer Device by Application
4.1 Closed System Transfer Device Market Segment by Application
4.1.1 Hospital
4.1.2 Clinic
4.2 Global Closed System Transfer Device Market Size by Application
4.2.1 Global Closed System Transfer Device Market Size Overview by Application (2018-2029)
4.2.2 Global Closed System Transfer Device Historic Market Size Review by Application (2018-2023)
4.2.3 Global Closed System Transfer Device Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Closed System Transfer Device Sales Breakdown by Application (2018-2023)
4.3.2 Europe Closed System Transfer Device Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Closed System Transfer Device Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Closed System Transfer Device Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Closed System Transfer Device Sales Breakdown by Application (2018-2023)
5 North America Closed System Transfer Device by Country
5.1 North America Closed System Transfer Device Historic Market Size by Country
5.1.1 North America Closed System Transfer Device Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Closed System Transfer Device Sales in Volume by Country (2018-2023)
5.1.3 North America Closed System Transfer Device Sales in Value by Country (2018-2023)
5.2 North America Closed System Transfer Device Forecasted Market Size by Country
5.2.1 North America Closed System Transfer Device Sales in Volume by Country (2024-2029)
5.2.2 North America Closed System Transfer Device Sales in Value by Country (2024-2029)
6 Europe Closed System Transfer Device by Country
6.1 Europe Closed System Transfer Device Historic Market Size by Country
6.1.1 Europe Closed System Transfer Device Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Closed System Transfer Device Sales in Volume by Country (2018-2023)
6.1.3 Europe Closed System Transfer Device Sales in Value by Country (2018-2023)
6.2 Europe Closed System Transfer Device Forecasted Market Size by Country
6.2.1 Europe Closed System Transfer Device Sales in Volume by Country (2024-2029)
6.2.2 Europe Closed System Transfer Device Sales in Value by Country (2024-2029)
7 Asia-Pacific Closed System Transfer Device by Region
7.1 Asia-Pacific Closed System Transfer Device Historic Market Size by Region
7.1.1 Asia-Pacific Closed System Transfer Device Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Closed System Transfer Device Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Closed System Transfer Device Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Closed System Transfer Device Forecasted Market Size by Region
7.2.1 Asia-Pacific Closed System Transfer Device Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Closed System Transfer Device Sales in Value by Region (2024-2029)
8 Latin America Closed System Transfer Device by Country
8.1 Latin America Closed System Transfer Device Historic Market Size by Country
8.1.1 Latin America Closed System Transfer Device Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Closed System Transfer Device Sales in Volume by Country (2018-2023)
8.1.3 Latin America Closed System Transfer Device Sales in Value by Country (2018-2023)
8.2 Latin America Closed System Transfer Device Forecasted Market Size by Country
8.2.1 Latin America Closed System Transfer Device Sales in Volume by Country (2024-2029)
8.2.2 Latin America Closed System Transfer Device Sales in Value by Country (2024-2029)
9 Middle East and Africa Closed System Transfer Device by Country
9.1 Middle East and Africa Closed System Transfer Device Historic Market Size by Country
9.1.1 Middle East and Africa Closed System Transfer Device Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Closed System Transfer Device Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Closed System Transfer Device Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Closed System Transfer Device Forecasted Market Size by Country
9.2.1 Middle East and Africa Closed System Transfer Device Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Closed System Transfer Device Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 BD Medical, Inc
10.1.1 BD Medical, Inc Company Information
10.1.2 BD Medical, Inc Introduction and Business Overview
10.1.3 BD Medical, Inc Closed System Transfer Device Sales, Revenue and Gross Margin (2018-2023)
10.1.4 BD Medical, Inc Closed System Transfer Device Products Offered
10.1.5 BD Medical, Inc Recent Development
10.2 Equashield, LLC
10.2.1 Equashield, LLC Company Information
10.2.2 Equashield, LLC Introduction and Business Overview
10.2.3 Equashield, LLC Closed System Transfer Device Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Equashield, LLC Closed System Transfer Device Products Offered
10.2.5 Equashield, LLC Recent Development
10.3 ICU Medical, Inc
10.3.1 ICU Medical, Inc Company Information
10.3.2 ICU Medical, Inc Introduction and Business Overview
10.3.3 ICU Medical, Inc Closed System Transfer Device Sales, Revenue and Gross Margin (2018-2023)
10.3.4 ICU Medical, Inc Closed System Transfer Device Products Offered
10.3.5 ICU Medical, Inc Recent Development
10.4 Teva Medical Ltd
10.4.1 Teva Medical Ltd Company Information
10.4.2 Teva Medical Ltd Introduction and Business Overview
10.4.3 Teva Medical Ltd Closed System Transfer Device Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Teva Medical Ltd Closed System Transfer Device Products Offered
10.4.5 Teva Medical Ltd Recent Development
10.5 Corvida Medical
10.5.1 Corvida Medical Company Information
10.5.2 Corvida Medical Introduction and Business Overview
10.5.3 Corvida Medical Closed System Transfer Device Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Corvida Medical Closed System Transfer Device Products Offered
10.5.5 Corvida Medical Recent Development
10.6 B. Braun
10.6.1 B. Braun Company Information
10.6.2 B. Braun Introduction and Business Overview
10.6.3 B. Braun Closed System Transfer Device Sales, Revenue and Gross Margin (2018-2023)
10.6.4 B. Braun Closed System Transfer Device Products Offered
10.6.5 B. Braun Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Closed System Transfer Device Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Closed System Transfer Device Industrial Chain Analysis
11.4 Closed System Transfer Device Market Dynamics
11.4.1 Closed System Transfer Device Industry Trends
11.4.2 Closed System Transfer Device Market Drivers
11.4.3 Closed System Transfer Device Market Challenges
11.4.4 Closed System Transfer Device Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Closed System Transfer Device Distributors
12.3 Closed System Transfer Device Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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