Closed System Drug Transfer Device (CSTD) 2019 Global Trends, Market Size, Share, Status, SWOT Analysis and Forecast to 2024

September 12 09:11 2019
Closed System Drug Transfer Device (CSTD) 2019 Global Trends, Market Size, Share, Status, SWOT Analysis and Forecast to 2024

Closed System Drug Transfer Device (CSTD) Market
WiseGuyRerports.com Presents “Global Closed System Drug Transfer Device (CSTD) Market Research Report Forecast to 2025” New Document to its Studies Database

 

Closed system drug transfer device (CSTD) prevents the transfer of environmental contaminants into the system and the release of hazardous drugs or vapor concentrations outside the system. The exposure of healthcare personnel such as pharmacists, technicians, and ancillary pharmacy staff to hazardous antineoplastic drugs (AHD), has been a great concern for several decades. Many AHDs are carcinogenic, and their prolonged exposure could lead to skin rashes, infertility, miscarriages, congenital disabilities, and possibly leukemia or other cancers. Organizations such as the National Institute for Occupational Safety and Health (NIOSH) and the United States Pharmacopeia have recommended the use of specialized IV equipment called CSTD along with personal protective equipment (PPE) such as gloves, masks, gowns, and biological safety cabinets to minimize the exposure of patients and clinicians to hazardous drugs. The global CSTD market is emerging due to the rising prevalence of cancer cases along with an increased risk of exposure to hazardous drugs for healthcare personnel and several safety guidelines and legislation for the use of CSTDs. However, high cost and adverse events and statutory warnings by the Food and Drug Administration (FDA) for the use of CSTDs are hampering the growth of the market. 
The global closed system drug transfer device (CSTD) market has been segmented, by type, delivery, and end user. 
Based on type, the global closed system drug transfer device (CSTD) market has been categorized as barrier-type and filtration-type. 
Based on delivery, the global closed system drug transfer device (CSTD) market is further sub-segmented into closed bag/line access devices, closed vial access devices, and closed syringe safety devices. 
Based on end user, the market has been classified as specialty centers and hospitals & clinics. 
The global closed system drug transfer device (CSTD) market was valued at USD 1,523.81 million in 2017 and is expected to register a CAGR of 19.10% during the forecast period of 2018 to 2025. 

The report offers an in-depth analysis by analyzing the trends that are shaping the industry. The report provides a comprehensive investigation of the market structure along with an estimate for the upcoming years of various segments and sub-segments of the Closed system drug transfer device (CSTD) Solutions market. The factors controlling the Closed system drug transfer device (CSTD) Solutions market are accurately profiled in the report.

 

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 Key Players

The key players in the market for Closed system drug transfer device (CSTD) Solutions are strategically profiled including the strong players in the market, by widely examining their core capabilities, and creating a helpful outlook for understanding the competitive landscape for the Closed system drug transfer device (CSTD) Solutions market.

Becton, Dickinson and Company, Teva Pharmaceutical Industries Ltd, Equashield LLC, ICU Medical Inc, Yukon Medical, and Corvida Medical. 

Drivers & Constraints

The drivers and constraints of the Closed system drug transfer device (CSTD) Solutions market are precisely identified and scrutinized in terms of the effect they have on the overall Closed system drug transfer device (CSTD) Solutions market. A number of capacity growth factors, possibilities, and prospects are also gaged to get a grasp on the overall condition of the overall market.

Regional Description

The regional evaluation of the Closed system drug transfer device (CSTD) Solutions market includes an analysis of the regions included in the industry. The regions of Europe, Middle East, Asia Pacific, North America, and Africa. The inclusion of competitive developments such as strategic alliances, joint ventures, mergers and acquisitions, new product developments, and research and developments in Closed system drug transfer device (CSTD) Solutions market are expected to provide an even deeper insight into the market.

 

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Table Of Contents:     

1 Report Prologue 
2 Market Introduction 
3 Research Methodology 
4 Market Dynamics 
5 Market Factor Analysis 
6 Global Closed System Drug Transfer Device (CSTD) Market, by Type 
7 Global Closed System Drug Transfer Device (CSTD) Market, by Delivery 
8 Global Closed System Drug Transfer Device (CSTD) Market, by End User 
9 Global Closed System Drug Transfer Device (CSTD) Market, by Region 
10 Competitive Landscape 
11 Company Profile 

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