Hazardous Drugs Closed System Transfer Device Market, Trends, Dynamics, and Mark

1. Presents a Research Report on Hazardous Drugs Closed System Transfer Device Market Hazardous Drugs Closed System Transfer Device Market, By Type (Needless Systems, Membrane to Membrane Systems), By Technology (Compartmentalize Devices, Diaphragm Based Devices, Air Filtration Devices), By Component (Syringe Safety Devices, Vial Access Devices, Bag/Line Access Devices, Accessories), By End-Use (Hospitals, Oncology Clinics and Centers, Others), and Region. This market research report provides in-depth information on trends, dynamics, revenue opportunities, competitive landscape, and recent developments in the global hazardous drugs closed system transfer device market. sales@stratviewresearch.com +1-313-307-4176 www.stratviewresearch.com Market Reports Advisory & Consulting Sourcing Intelligence

2. The Hazardous Drugs Closed System Transfer Device Market Highlights& Drivers • Hazardous Drugs Closed System Transfer Device Market is projected to grow from USD 398.5 million in 2020 to USD 1,220.4 million by 2026 at a CAGR of over 20.6% during the forecast period. • The hazardous closed system drug transfer devices (CSTDs) protect hazardous vapour or drugs during drug production and administration. • It consists of components that enable the filtering of dangerous vapours out of the system. • These devices play a critical role in the protection of healthcare professionals from harmful medications and antineoplastic, which are primarily used in the treatment of patients suffering from chronic ailments. • MarketInsight • By End Use Type: • By end use, the hazardous drugs closed system transfer device market has been segmented into hospitals, oncology clinics and centers, and others. • Under these, the hospitals segment garnered the highest market share in 2020 and is projected to register the substantial CAGR during the review period. • This is mainly attributed to increasing cancer patient pool, robust financial capabilities of hospitals for purchasing high-priced CSTDs when compared to oncology centers, and the growing need to comply with the regulatory guidelines established by the NIOSH and FDA regarding the safety of healthcare providers.

3. Market Insight & Competitive Insights • By Region: • By region, the market in the North America accounted for the highest share in 2020 and is projected to grow at a steady CAGR during the assessment period. • This is mainly ascribed to favourable initiatives taken by the U.S. Food and Drug Administration and other regulatory bodies in North America to ensure patient safety along with the rising number of oncology drug approvals, which further boosts the regional growth. • Key Players • Becton, Dickinson, and Company (BD) (The U.S), • ICU Medical, Inc. (The U.S), • B. Braun Melsungen (Germany), • JMS Co., Ltd. (Japan), • Equashield LLC. (The U.S), • Teva Pharmaceutical Industries Ltd. (Israel), • Corvida Medical (The U.S), • Yukon Medical (Canada), • CodanMedizinischeGeräte GmbH & Co Kg (Germany), and • Victus, Inc. (The U.S).

4. Data Analysis (Top Down and Bottom Up Approach) Research Methodology Data Triangulation (Data Evaluation and Multiple Data Triangulation) Final Deliverables (Final Report with All Findings) Stratview Research follows a rigorous methodology with high emphasis on primary research and multiple ways of data triangulation. We conduct primary research across the value chain to provide 360 degree view of the market. • Secondary Research • Stratview Research Internal Knowledgebase Primary Research • Annual Reports / Fact Book • Company Websites • Magazines / Publications • Press Releases & Journals • Industry News • Association Articles • Government Documents • Social Media • Others • Robust database across value chain • In-house industry veterans as advisors • Project based subject matter experts • Industry Players • Industry Experts • Suppliers • Customers • Associations • Government Institutions • Others

5. Report Features • This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights on the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report: • Market structure: Overview, industry life cycle analysis, supply chain analysis. • Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis. • Market trend and forecast analysis. • Market segment trend and forecast. • Competitive landscape and dynamics: Market share, product portfolio, product launches, etc. • Attractive market segments and associated growth opportunities. • Emerging trends. • Strategic growth opportunities for the existing and new players. • Key success factors.

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