Product Code: ETC13301913 | Publication Date: Apr 2025 | Updated Date: Jul 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 190 | No. of Figures: 80 | No. of Tables: 40 |
According to 6Wresearch internal database and industry insights, the Global Closed System Drug Transfer Device Market was valued at USD 3.2 Billion in 2024 and is expected to reach USD 5.9 Billion by 2031, growing at a compound annual growth rate of 8.12% during the forecast period (2025-2031).
The Global Closed System Drug Transfer Device Market is experiencing significant growth driven by the increasing focus on healthcare worker safety, stringent regulations regarding hazardous drug handling, and the rising prevalence of cancer and other chronic diseases requiring chemotherapy treatment. Closed system drug transfer devices offer enhanced protection for healthcare workers and patients by minimizing the risk of exposure to hazardous drugs during drug preparation, administration, and disposal. Key market players are investing in innovative technologies to improve the efficiency and safety of these devices. The market is also benefiting from the growing adoption of closed system drug transfer devices in hospitals, clinics, and pharmaceutical companies worldwide. As a result, the Global Closed System Drug Transfer Device Market is expected to continue its expansion in the coming years.
The Global Closed System Drug Transfer Device Market is experiencing significant growth due to increasing awareness about the importance of safe drug handling practices to prevent exposure to hazardous drugs. The market is driven by stringent regulations mandating the use of closed system drug transfer devices in healthcare settings, particularly in oncology and pharmacy compounding. Additionally, the rise in the number of cancer cases worldwide is boosting the demand for closed system drug transfer devices to ensure safe administration of chemotherapy drugs. Opportunities in the market include technological advancements such as the integration of automation and connectivity features for enhanced safety and efficiency. Key players are focusing on strategic collaborations and product innovations to cater to the growing demand for closed system drug transfer devices globally.
The Global Closed System Drug Transfer Device Market faces several challenges, including the high cost associated with implementing these devices, which may deter healthcare facilities from adopting them on a large scale. Additionally, there is a lack of standardization in regulations governing these devices across different regions, leading to confusion and potential barriers to market entry for manufacturers. Ensuring proper training for healthcare professionals on the use of these devices is also a challenge, as the complexity of some systems may require specialized knowledge. Furthermore, the market is highly competitive, with new entrants constantly introducing innovative products, making it essential for established companies to continuously invest in research and development to stay ahead. Overall, addressing these challenges will be crucial for the sustained growth of the Global Closed System Drug Transfer Device Market.
The Global Closed System Drug Transfer Device Market is primarily driven by the increasing prevalence of cancer and other chronic diseases requiring chemotherapy treatment, which has led to a growing demand for safe and effective drug transfer systems to protect healthcare workers from exposure to hazardous drugs. Stringent regulations and guidelines mandating the use of closed system drug transfer devices in healthcare settings to prevent contamination and ensure patient and healthcare worker safety are also contributing to market growth. Additionally, the rising adoption of closed system drug transfer devices in pharmaceutical and biotechnology industries to minimize drug wastage and ensure accurate dosing is further fueling market expansion. Technological advancements, such as the development of advanced closed system transfer devices with enhanced safety features, are expected to drive market growth in the forecast period.
Government policies related to the Global Closed System Drug Transfer Device Market focus on ensuring the safety and efficacy of these devices to protect healthcare workers and patients from exposure to hazardous drugs. Regulatory bodies such as the US FDA and the European Medicines Agency have established guidelines and requirements for the design, manufacturing, and use of closed system drug transfer devices. These policies emphasize the importance of proper handling, disposal, and training to minimize the risk of contamination and exposure to harmful substances. Additionally, reimbursement policies and incentives may be in place to encourage healthcare facilities to adopt these devices to enhance workplace safety and compliance with regulatory standards. Overall, government policies aim to promote the adoption of closed system drug transfer devices to improve safety practices in healthcare settings.
The Global Closed System Drug Transfer Device Market is expected to witness significant growth in the coming years due to increasing awareness about the risks associated with drug exposure during healthcare activities. The market is poised to benefit from the growing adoption of closed system drug transfer devices in hospitals, pharmacies, and other healthcare settings to minimize the risk of contamination and ensure safe handling of hazardous drugs. Additionally, stringent regulations and guidelines concerning the safe handling of hazardous drugs are likely to drive market growth. The increasing prevalence of cancer and other chronic diseases requiring chemotherapy treatments is also expected to contribute to the market expansion. Overall, the Global Closed System Drug Transfer Device Market is anticipated to experience steady growth driven by the focus on enhancing workplace safety and reducing the risk of exposure to harmful substances.
In the Global Closed System Drug Transfer Device Market, Asia is witnessing significant growth due to increasing healthcare expenditure and rising adoption of advanced medical technologies. North America dominates the market with a high prevalence of cancer and stringent regulations promoting the use of closed system drug transfer devices. In Europe, the market is driven by the presence of key market players and growing emphasis on patient safety. The Middle East and Africa region is experiencing steady growth attributed to improving healthcare infrastructure and rising awareness about the importance of safe drug handling. Latin America is also showing promising growth prospects due to increasing investments in healthcare facilities and rising healthcare awareness among the population. Overall, the global closed system drug transfer device market is expected to continue expanding across all regions due to the growing emphasis on preventing drug exposure and ensuring safe medication handling practices.
Global Closed System Drug Transfer Device Market |
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Global Closed System Drug Transfer Device Market Overview |
3.1 Global Regional Macro Economic Indicators |
3.2 Global Closed System Drug Transfer Device Market Revenues & Volume, 2021 & 2031F |
3.3 Global Closed System Drug Transfer Device Market - Industry Life Cycle |
3.4 Global Closed System Drug Transfer Device Market - Porter's Five Forces |
3.5 Global Closed System Drug Transfer Device Market Revenues & Volume Share, By Regions, 2021 & 2031F |
3.6 Global Closed System Drug Transfer Device Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.7 Global Closed System Drug Transfer Device Market Revenues & Volume Share, By Component, 2021 & 2031F |
3.8 Global Closed System Drug Transfer Device Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Global Closed System Drug Transfer Device Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Global Closed System Drug Transfer Device Market Trends |
6 Global Closed System Drug Transfer Device Market, 2021 - 2031 |
6.1 Global Closed System Drug Transfer Device Market, Revenues & Volume, By Type, 2021 - 2031 |
6.1.1 Overview & Analysis |
6.1.2 Global Closed System Drug Transfer Device Market, Revenues & Volume, By Membrane-to-Membrane Systems, 2021 - 2031 |
6.1.3 Global Closed System Drug Transfer Device Market, Revenues & Volume, By Needleless Systems, 2021 - 2031 |
6.2 Global Closed System Drug Transfer Device Market, Revenues & Volume, By Component, 2021 - 2031 |
6.2.1 Overview & Analysis |
6.2.2 Global Closed System Drug Transfer Device Market, Revenues & Volume, By Vial Access Devices, 2021 - 2031 |
6.2.3 Global Closed System Drug Transfer Device Market, Revenues & Volume, By Syringe Safety Devices, 2021 - 2031 |
6.2.4 Global Closed System Drug Transfer Device Market, Revenues & Volume, By Bag/Line Access Devices, 2021 - 2031 |
6.2.5 Global Closed System Drug Transfer Device Market, Revenues & Volume, By Accessories, 2021 - 2031 |
6.3 Global Closed System Drug Transfer Device Market, Revenues & Volume, By End User, 2021 - 2031 |
6.3.1 Overview & Analysis |
6.3.2 Global Closed System Drug Transfer Device Market, Revenues & Volume, By Hospitals & Clinics, 2021 - 2031 |
6.3.3 Global Closed System Drug Transfer Device Market, Revenues & Volume, By Oncology Centers, 2021 - 2031 |
6.3.4 Global Closed System Drug Transfer Device Market, Revenues & Volume, By Others, 2021 - 2031 |
7 North America Closed System Drug Transfer Device Market, Overview & Analysis |
7.1 North America Closed System Drug Transfer Device Market Revenues & Volume, 2021 - 2031 |
7.2 North America Closed System Drug Transfer Device Market, Revenues & Volume, By Countries, 2021 - 2031 |
7.2.1 United States (US) Closed System Drug Transfer Device Market, Revenues & Volume, 2021 - 2031 |
7.2.2 Canada Closed System Drug Transfer Device Market, Revenues & Volume, 2021 - 2031 |
7.2.3 Rest of North America Closed System Drug Transfer Device Market, Revenues & Volume, 2021 - 2031 |
7.3 North America Closed System Drug Transfer Device Market, Revenues & Volume, By Type, 2021 - 2031 |
7.4 North America Closed System Drug Transfer Device Market, Revenues & Volume, By Component, 2021 - 2031 |
7.5 North America Closed System Drug Transfer Device Market, Revenues & Volume, By End User, 2021 - 2031 |
8 Latin America (LATAM) Closed System Drug Transfer Device Market, Overview & Analysis |
8.1 Latin America (LATAM) Closed System Drug Transfer Device Market Revenues & Volume, 2021 - 2031 |
8.2 Latin America (LATAM) Closed System Drug Transfer Device Market, Revenues & Volume, By Countries, 2021 - 2031 |
8.2.1 Brazil Closed System Drug Transfer Device Market, Revenues & Volume, 2021 - 2031 |
8.2.2 Mexico Closed System Drug Transfer Device Market, Revenues & Volume, 2021 - 2031 |
8.2.3 Argentina Closed System Drug Transfer Device Market, Revenues & Volume, 2021 - 2031 |
8.2.4 Rest of LATAM Closed System Drug Transfer Device Market, Revenues & Volume, 2021 - 2031 |
8.3 Latin America (LATAM) Closed System Drug Transfer Device Market, Revenues & Volume, By Type, 2021 - 2031 |
8.4 Latin America (LATAM) Closed System Drug Transfer Device Market, Revenues & Volume, By Component, 2021 - 2031 |
8.5 Latin America (LATAM) Closed System Drug Transfer Device Market, Revenues & Volume, By End User, 2021 - 2031 |
9 Asia Closed System Drug Transfer Device Market, Overview & Analysis |
9.1 Asia Closed System Drug Transfer Device Market Revenues & Volume, 2021 - 2031 |
9.2 Asia Closed System Drug Transfer Device Market, Revenues & Volume, By Countries, 2021 - 2031 |
9.2.1 India Closed System Drug Transfer Device Market, Revenues & Volume, 2021 - 2031 |
9.2.2 China Closed System Drug Transfer Device Market, Revenues & Volume, 2021 - 2031 |
9.2.3 Japan Closed System Drug Transfer Device Market, Revenues & Volume, 2021 - 2031 |
9.2.4 Rest of Asia Closed System Drug Transfer Device Market, Revenues & Volume, 2021 - 2031 |
9.3 Asia Closed System Drug Transfer Device Market, Revenues & Volume, By Type, 2021 - 2031 |
9.4 Asia Closed System Drug Transfer Device Market, Revenues & Volume, By Component, 2021 - 2031 |
9.5 Asia Closed System Drug Transfer Device Market, Revenues & Volume, By End User, 2021 - 2031 |
10 Africa Closed System Drug Transfer Device Market, Overview & Analysis |
10.1 Africa Closed System Drug Transfer Device Market Revenues & Volume, 2021 - 2031 |
10.2 Africa Closed System Drug Transfer Device Market, Revenues & Volume, By Countries, 2021 - 2031 |
10.2.1 South Africa Closed System Drug Transfer Device Market, Revenues & Volume, 2021 - 2031 |
10.2.2 Egypt Closed System Drug Transfer Device Market, Revenues & Volume, 2021 - 2031 |
10.2.3 Nigeria Closed System Drug Transfer Device Market, Revenues & Volume, 2021 - 2031 |
10.2.4 Rest of Africa Closed System Drug Transfer Device Market, Revenues & Volume, 2021 - 2031 |
10.3 Africa Closed System Drug Transfer Device Market, Revenues & Volume, By Type, 2021 - 2031 |
10.4 Africa Closed System Drug Transfer Device Market, Revenues & Volume, By Component, 2021 - 2031 |
10.5 Africa Closed System Drug Transfer Device Market, Revenues & Volume, By End User, 2021 - 2031 |
11 Europe Closed System Drug Transfer Device Market, Overview & Analysis |
11.1 Europe Closed System Drug Transfer Device Market Revenues & Volume, 2021 - 2031 |
11.2 Europe Closed System Drug Transfer Device Market, Revenues & Volume, By Countries, 2021 - 2031 |
11.2.1 United Kingdom Closed System Drug Transfer Device Market, Revenues & Volume, 2021 - 2031 |
11.2.2 Germany Closed System Drug Transfer Device Market, Revenues & Volume, 2021 - 2031 |
11.2.3 France Closed System Drug Transfer Device Market, Revenues & Volume, 2021 - 2031 |
11.2.4 Rest of Europe Closed System Drug Transfer Device Market, Revenues & Volume, 2021 - 2031 |
11.3 Europe Closed System Drug Transfer Device Market, Revenues & Volume, By Type, 2021 - 2031 |
11.4 Europe Closed System Drug Transfer Device Market, Revenues & Volume, By Component, 2021 - 2031 |
11.5 Europe Closed System Drug Transfer Device Market, Revenues & Volume, By End User, 2021 - 2031 |
12 Middle East Closed System Drug Transfer Device Market, Overview & Analysis |
12.1 Middle East Closed System Drug Transfer Device Market Revenues & Volume, 2021 - 2031 |
12.2 Middle East Closed System Drug Transfer Device Market, Revenues & Volume, By Countries, 2021 - 2031 |
12.2.1 Saudi Arabia Closed System Drug Transfer Device Market, Revenues & Volume, 2021 - 2031 |
12.2.2 UAE Closed System Drug Transfer Device Market, Revenues & Volume, 2021 - 2031 |
12.2.3 Turkey Closed System Drug Transfer Device Market, Revenues & Volume, 2021 - 2031 |
12.3 Middle East Closed System Drug Transfer Device Market, Revenues & Volume, By Type, 2021 - 2031 |
12.4 Middle East Closed System Drug Transfer Device Market, Revenues & Volume, By Component, 2021 - 2031 |
12.5 Middle East Closed System Drug Transfer Device Market, Revenues & Volume, By End User, 2021 - 2031 |
13 Global Closed System Drug Transfer Device Market Key Performance Indicators |
14 Global Closed System Drug Transfer Device Market - Export/Import By Countries Assessment |
15 Global Closed System Drug Transfer Device Market - Opportunity Assessment |
15.1 Global Closed System Drug Transfer Device Market Opportunity Assessment, By Countries, 2021 & 2031F |
15.2 Global Closed System Drug Transfer Device Market Opportunity Assessment, By Type, 2021 & 2031F |
15.3 Global Closed System Drug Transfer Device Market Opportunity Assessment, By Component, 2021 & 2031F |
15.4 Global Closed System Drug Transfer Device Market Opportunity Assessment, By End User, 2021 & 2031F |
16 Global Closed System Drug Transfer Device Market - Competitive Landscape |
16.1 Global Closed System Drug Transfer Device Market Revenue Share, By Companies, 2024 |
16.2 Global Closed System Drug Transfer Device Market Competitive Benchmarking, By Operating and Technical Parameters |
17 Top 10 Company Profiles |
18 Recommendations |
19 Disclaimer |