2023-2029 Closed System Transfer Device (CSTD) Market Size Detailed Report with Sales and Revenue Analysis | Research by Absolute Reports

[107] pages Closed System Transfer Device (CSTD) market report is segmented by geographical regions (Europe, Asia Pacific, Latin America, Middle East & Africa) and manufactures (Hospira, Corvida Medical, OnGuard, B. Braun Medical Inc., ICU Medical, Inc, BD Medical, Inc, Chemolock, Teva Medical Ltd, Equashield, LLC-).

"Final Report will add the analysis of the impact of COVID-19 on this industry.

Global “Closed System Transfer Device (CSTD) Market” Research [107 Pages Report] are detailed by types, applications, and geographical. These classifications are further broken down into divisions in order to provide a deeper understanding of the Closed System Transfer Device (CSTD) market. The study introduces competitors in the industry and details the top businesses from the standpoint of market share, market size, growth rate etc. for the competitive landscape. Also, the effects of COVID-19, rising market trends, mergers and acquisitions, and regional conflicts will all be taken into account.

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Market Analysis and Insights: Global Closed System Transfer Device (CSTD) Market

The global Closed System Transfer Device (CSTD) market size was valued at USD 1519.51 million in 2022 and is expected to expand at a CAGR of 22.79% during the forecast period, reaching USD 5206.9 million by 2028.
A closed system drug transfer device or "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. Open versus closed systems are commonly applied in medical devices to maintain the sterility of a fluid pathway. CSTDs work by preventing the uncontrolled inflow and outflow of contaminants and drugs, preserving the quality of solution to be infused into a patient. Theoretically, CSTDs should enable complete protection to healthcare workers in managing hazardous drugs, but possibly due to improper handling or incomplete product design, contaminants can still be detected despite use of CSTDs.

Major Players in Closed System Transfer Device (CSTD) market are:

• Hospira
• Corvida Medical
• OnGuard
• B. Braun Medical Inc.
• ICU Medical, Inc
• BD Medical, Inc
• Chemolock
• Teva Medical Ltd
• Equashield, LLC

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Closed System Transfer Device (CSTD) Market by Types:

• Closed Vial Access Devices
• Closed Syringe Safety Devices
• Closed Bag/Line Access Devices
• DDDD

Closed System Transfer Device (CSTD) Market by Applications:

• Hospital
• Clinic

Key Factors Considered

COVID-19

Amid the COVID-19 crisis, the Closed System Transfer Device (CSTD) market has definitely taken a hit. The report describes the market scenario during and post the pandemic in the vision of upstream raw materials, major market participants, downstream major customers, etc. Other aspects, such as changes in consumer behavior, demand, transport capacity, trade flow under COVID-19, have also been taken into consideration during the process of the research.

Regional Conflict / Russia-Ukraine War

The report also presents the impact of regional conflict on this market in an effort to aid the readers to understand how the market has been adversely influenced and how it’s going to evolve in the years to come.

Challenges and Opportunities

Factors that may help create opportunities and boost profits for market players, as well as challenges that may restrain or even pose a threat to the development of the players, are revealed in the report, which can shed a light on strategic decisions and implementation.

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Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historical data and forecast (2018-2029):

• United States
• Europe
• China
• Japan
• India
• Southeast Asia
• Latin America
• Middle East and Africa

Years considered for this report:

• Historical Years: 2018-2022
• Base Year: 2022
• Estimated Year: 2023
• Forecast Period: 2022-2029

Client Focus

1. Does this report consider the impact of COVID-19 and the Russia-Ukraine war on the Closed System Transfer Device (CSTD) market?

Yes. As the COVID-19 and the Russia-Ukraine war are profoundly affecting the global supply chain relationship and raw material price system, we have definitely taken them into consideration throughout the research, and in Chapters 1.7, 2.7, 4.X.1, 7.5, 8.7, we elaborate at full length on the impact of the pandemic and the war on the Closed System Transfer Device (CSTD) Industry.

1. How do you determine the list of the key players included in the report?

With the aim of clearly revealing the competitive situation of the industry, we concretely analyze not only the leading enterprises that have a voice on a global scale, but also the regional small and medium-sized companies that play key roles and have plenty of potential growth.

Please find the key player list in Summary.

1. What are your main data sources?

Both Primary and Secondary data sources are being used while compiling the report.

Primary sources include extensive interviews of key opinion leaders and industry experts (such as experienced front-line staff, directors, CEOs, and marketing executives), downstream distributors, as well as end-users.

Secondary sources include the research of the annual and financial reports of the top companies, public files, new journals, etc. We also cooperate with some third-party databases.

Please find a more complete list of data sources in Chapters 11.2.1 and 11.2.2.

1. Can I modify the scope of the report and customize it to suit my requirements?

Yes. Customized requirements of multi-dimensional, deep-level and high-quality can help our customers precisely grasp market opportunities, effortlessly confront market challenges, properly formulate market strategies and act promptly, thus to win them sufficient time and space for market competition.

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Chapter including in Closed System Transfer Device (CSTD) market report:

• Chapter 1 mainly defines the market scope and introduces the macro overview of the industry, with an executive summary of different market segments ((by type, application, region, etc.), including the definition, market size, and trend of each market segment.
• Chapter 2 provides a qualitative analysis of the current status and future trends of the market. Industry Entry Barriers, market drivers, market challenges, emerging markets, consumer preference analysis, together with the impact of the COVID-19 outbreak will all be thoroughly explained.
• Chapter 3 analyzes the current competitive situation of the market by providing data regarding the players, including their sales volume and revenue with corresponding market shares, price and gross margin. In addition, information about market concentration ratio, mergers, acquisitions, and expansion plans will also be covered.
• Chapter 4 focuses on the regional market, presenting detailed data (i.e., sales volume, revenue, price, gross margin) of the most representative regions and countries in the world.
• Chapter 5 provides the analysis of various market segments according to product types, covering sales volume, revenue along with market share and growth rate, plus the price analysis of each type.
• Chapter 6 shows the breakdown data of different applications, including the consumption and revenue with market share and growth rate, with the aim of helping the readers to take a close-up look at the downstream market.
• Chapter 7 provides a combination of quantitative and qualitative analyses of the market size and development trends in the next five years. The forecast information of the whole, as well as the breakdown market, offers the readers a chance to look into the future of the industry.
• Chapter 8 is the analysis of the whole market industrial chain, covering key raw materials suppliers and price analysis, manufacturing cost structure analysis, alternative product analysis, also providing information on major distributors, downstream buyers, and the impact of COVID-19 pandemic.
• Chapter 9 shares a list of the key players in the market, together with their basic information, product profiles, market performance (i.e., sales volume, price, revenue, gross margin), recent development, SWOT analysis, etc.
• Chapter 10 is the conclusion of the report which helps the readers to sum up the main findings and points.
• Chapter 11 introduces the market research methods and data sources.

Some of the key questions answered in this report:

• What will the Closed System Transfer Device (CSTD) market growth rate during the forecast period?
• Which are the key factors driving the Closed System Transfer Device (CSTD) market?
• What was the size of the Closed System Transfer Device (CSTD) market by 2029?
• Which region is expected to hold the highest market share in the Closed System Transfer Device (CSTD) market?
• What trends, challenges and barriers will impact the development and sizing of the Global Closed System Transfer Device (CSTD) market?
• What are the Closed System Transfer Device (CSTD) market opportunities in the global Closed System Transfer Device (CSTD) Industry?

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Detailed TOC of Global Closed System Transfer Device (CSTD) Industry Research Report

1 Closed System Transfer Device (CSTD) Market Overview

1.1 Product Overview and Scope of Closed System Transfer Device (CSTD) Market

1.2 Closed System Transfer Device (CSTD) Market Segment by Type

1.2.1 Global Closed System Transfer Device (CSTD) Market Sales Volume and CAGR (%) Comparison by Type (2018-2028)

1.3 Global Closed System Transfer Device (CSTD) Market Segment by Application

1.3.1 Closed System Transfer Device (CSTD) Market Consumption (Sales Volume) Comparison by Application (2018-2028)

1.4 Global Closed System Transfer Device (CSTD) Market, Region Wise (2018-2028)

1.4.1 Global Closed System Transfer Device (CSTD) Market Size (Revenue) and CAGR (%) Comparison by Region (2018-2028)

1.4.2 United States Closed System Transfer Device (CSTD) Market Status and Prospect (2018-2028)

1.4.3 Europe Closed System Transfer Device (CSTD) Market Status and Prospect (2018-2028)

1.4.4 China Closed System Transfer Device (CSTD) Market Status and Prospect (2018-2028)

1.4.5 Japan Closed System Transfer Device (CSTD) Market Status and Prospect (2018-2028)

1.4.6 India Closed System Transfer Device (CSTD) Market Status and Prospect (2018-2028)

1.4.7 Southeast Asia Closed System Transfer Device (CSTD) Market Status and Prospect (2018-2028)

1.4.8 Latin America Closed System Transfer Device (CSTD) Market Status and Prospect (2018-2028)

1.4.9 Middle East and Africa Closed System Transfer Device (CSTD) Market Status and Prospect (2018-2028)

1.5 Global Market Size of Closed System Transfer Device (CSTD) (2018-2028)

1.5.1 Global Closed System Transfer Device (CSTD) Market Revenue Status and Outlook (2018-2028)

1.5.2 Global Closed System Transfer Device (CSTD) Market Sales Volume Status and Outlook (2018-2028)

1.6 Global Macroeconomic Analysis

1.7 The impact of the Russia-Ukraine war on the Closed System Transfer Device (CSTD) Market

2 Industry Outlook

2.1 Closed System Transfer Device (CSTD) Industry Technology Status and Trends

2.2 Industry Entry Barriers

2.2.1 Analysis of Financial Barriers

2.2.2 Analysis of Technical Barriers

2.2.3 Analysis of Talent Barriers

2.2.4 Analysis of Brand Barrier

2.3 Closed System Transfer Device (CSTD) Market Drivers Analysis

2.4 Closed System Transfer Device (CSTD) Market Challenges Analysis

2.5 Emerging Market Trends

2.6 Consumer Preference Analysis

2.7 Closed System Transfer Device (CSTD) Industry Development Trends under COVID-19 Outbreak

2.7.1 Global COVID-19 Status Overview

2.7.2 Influence of COVID-19 Outbreak on Closed System Transfer Device (CSTD) Industry Development

3 Global Closed System Transfer Device (CSTD) Market Landscape by Player

3.1 Global Closed System Transfer Device (CSTD) Sales Volume and Share by Player (2018-2023)

3.2 Global Closed System Transfer Device (CSTD) Revenue and Market Share by Player (2018-2023)

3.3 Global Closed System Transfer Device (CSTD) Average Price by Player (2018-2023)

3.4 Global Closed System Transfer Device (CSTD) Gross Margin by Player (2018-2023)

3.5 Closed System Transfer Device (CSTD) Market Competitive Situation and Trends

3.5.1 Closed System Transfer Device (CSTD) Market Concentration Rate

3.5.2 Closed System Transfer Device (CSTD) Market Share of Top 3 and Top 6 Players

3.5.3 Mergers and Acquisitions, Expansion

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4 Global Closed System Transfer Device (CSTD) Sales Volume and Revenue Region Wise (2018-2023)

4.1 Global Closed System Transfer Device (CSTD) Sales Volume and Market Share, Region Wise (2018-2023)

4.2 Global Closed System Transfer Device (CSTD) Revenue and Market Share, Region Wise (2018-2023)

4.3 Global Closed System Transfer Device (CSTD) Sales Volume, Revenue, Price and Gross Margin (2018-2023)

4.4 United States Closed System Transfer Device (CSTD) Sales Volume, Revenue, Price and Gross Margin (2018-2023)

4.4.1 United States Closed System Transfer Device (CSTD) Market Under COVID-19

4.5 Europe Closed System Transfer Device (CSTD) Sales Volume, Revenue, Price and Gross Margin (2018-2023)

4.5.1 Europe Closed System Transfer Device (CSTD) Market Under COVID-19

4.6 China Closed System Transfer Device (CSTD) Sales Volume, Revenue, Price and Gross Margin (2018-2023)

4.6.1 China Closed System Transfer Device (CSTD) Market Under COVID-19

4.7 Japan Closed System Transfer Device (CSTD) Sales Volume, Revenue, Price and Gross Margin (2018-2023)

4.7.1 Japan Closed System Transfer Device (CSTD) Market Under COVID-19

4.8 India Closed System Transfer Device (CSTD) Sales Volume, Revenue, Price and Gross Margin (2018-2023)

4.8.1 India Closed System Transfer Device (CSTD) Market Under COVID-19

4.9 Southeast Asia Closed System Transfer Device (CSTD) Sales Volume, Revenue, Price and Gross Margin (2018-2023)

4.9.1 Southeast Asia Closed System Transfer Device (CSTD) Market Under COVID-19

4.10 Latin America Closed System Transfer Device (CSTD) Sales Volume, Revenue, Price and Gross Margin (2018-2023)

4.10.1 Latin America Closed System Transfer Device (CSTD) Market Under COVID-19

4.11 Middle East and Africa Closed System Transfer Device (CSTD) Sales Volume, Revenue, Price and Gross Margin (2018-2023)

4.11.1 Middle East and Africa Closed System Transfer Device (CSTD) Market Under COVID-19

5 Global Closed System Transfer Device (CSTD) Sales Volume, Revenue, Price Trend by Type

5.1 Global Closed System Transfer Device (CSTD) Sales Volume and Market Share by Type (2018-2023)

5.2 Global Closed System Transfer Device (CSTD) Revenue and Market Share by Type (2018-2023)

5.3 Global Closed System Transfer Device (CSTD) Price by Type (2018-2023)

5.4 Global Closed System Transfer Device (CSTD) Sales Volume, Revenue and Growth Rate by Type (2018-2023)

6 Global Closed System Transfer Device (CSTD) Market Analysis by Application

6.1 Global Closed System Transfer Device (CSTD) Consumption and Market Share by Application (2018-2023)

6.2 Global Closed System Transfer Device (CSTD) Consumption Revenue and Market Share by Application (2018-2023)

6.3 Global Closed System Transfer Device (CSTD) Consumption and Growth Rate by Application (2018-2023)

7 Global Closed System Transfer Device (CSTD) Market Forecast (2023-2028)

7.1 Global Closed System Transfer Device (CSTD) Sales Volume, Revenue Forecast (2023-2028)

7.1.1 Global Closed System Transfer Device (CSTD) Sales Volume and Growth Rate Forecast (2023-2028)

7.1.2 Global Closed System Transfer Device (CSTD) Revenue and Growth Rate Forecast (2023-2028)

7.1.3 Global Closed System Transfer Device (CSTD) Price and Trend Forecast (2023-2028)

7.2 Global Closed System Transfer Device (CSTD) Sales Volume and Revenue Forecast, Region Wise (2023-2028)

7.2.1 United States Closed System Transfer Device (CSTD) Sales Volume and Revenue Forecast (2023-2028)

7.2.2 Europe Closed System Transfer Device (CSTD) Sales Volume and Revenue Forecast (2023-2028)

7.2.3 China Closed System Transfer Device (CSTD) Sales Volume and Revenue Forecast (2023-2028)

7.2.4 Japan Closed System Transfer Device (CSTD) Sales Volume and Revenue Forecast (2023-2028)

7.2.5 India Closed System Transfer Device (CSTD) Sales Volume and Revenue Forecast (2023-2028)

7.2.6 Southeast Asia Closed System Transfer Device (CSTD) Sales Volume and Revenue Forecast (2023-2028)

7.2.7 Latin America Closed System Transfer Device (CSTD) Sales Volume and Revenue Forecast (2023-2028)

7.2.8 Middle East and Africa Closed System Transfer Device (CSTD) Sales Volume and Revenue Forecast (2023-2028)

7.3 Global Closed System Transfer Device (CSTD) Sales Volume, Revenue and Price Forecast by Type (2023-2028)

7.3.1 Global Closed System Transfer Device (CSTD) Revenue and Growth Rate of Photo (2023-2028)

7.3.2 Global Closed System Transfer Device (CSTD) Revenue and Growth Rate of Video (2023-2028)

7.4 Global Closed System Transfer Device (CSTD) Consumption Forecast by Application (2023-2028)

7.4.1 Global Closed System Transfer Device (CSTD) Consumption Value and Growth Rate of Commercial(2023-2028)

7.4.2 Global Closed System Transfer Device (CSTD) Consumption Value and Growth Rate of Editorial(2023-2028)

7.5 Closed System Transfer Device (CSTD) Market Forecast Under COVID-19

8 Closed System Transfer Device (CSTD) Market Upstream and Downstream Analysis

8.1 Closed System Transfer Device (CSTD) Industrial Chain Analysis

8.2 Key Raw Materials Suppliers and Price Analysis

8.3 Manufacturing Cost Structure Analysis

8.3.1 Labor Cost Analysis

8.3.2 Energy Costs Analysis

8.3.3 RandD Costs Analysis

8.4 Alternative Product Analysis

8.5 Major Distributors of Closed System Transfer Device (CSTD) Analysis

8.6 Major Downstream Buyers of Closed System Transfer Device (CSTD) Analysis

8.7 Impact of COVID-19 and the Russia-Ukraine war on the Upstream and Downstream in the Closed System Transfer Device (CSTD) Industry

9 Players Profiles

9.1 Manufacture 1

9.1.1 Manufacture 1 Basic Information, Manufacturing Base, Sales Region and Competitors

9.1.2 Closed System Transfer Device (CSTD) Product Profiles, Application and Specification

9.1.3 Manufacture 1 Market Performance (2018-2023)

9.1.4 Recent Development

9.1.5 SWOT Analysis

10 Research Findings and Conclusion

11 Appendix

11.1 Methodology

11.2 Research Data Source

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