Product Code: ETC8837855 | Publication Date: Sep 2024 | Updated Date: May 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Shubham Deep | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The closed system transfer devices (CSTDs) market in the Philippines is expanding due to stricter regulations on handling hazardous drugs, particularly in oncology. CSTDs help protect healthcare workers from exposure to cytotoxic agents. Growth in this market is supported by hospital safety initiatives, regulatory frameworks, and increased cancer treatment volumes.
The closed system transfer devices (CSTDs) market in the Philippines is witnessing growth due to the increasing demand for safety solutions in healthcare settings, particularly in the handling of hazardous drugs. CSTDs are designed to prevent the escape of dangerous substances into the environment during the preparation and administration of medications, ensuring the safety of healthcare workers and patients. With heightened awareness of occupational health hazards and stricter regulatory standards, the adoption of CSTDs is growing in hospitals and pharmacies across the country.
The Closed System Transfer Devices (CSTD) market in the Philippines is challenged by the lack of widespread awareness regarding the importance of these devices in healthcare settings, particularly in the safe handling of hazardous drugs. Healthcare facilities, particularly in rural areas, may lack the necessary resources to invest in CSTDs. Furthermore, the cost of these devices may be prohibitive for smaller healthcare providers, and the absence of clear regulatory frameworks can hinder the adoption of CSTDs. There is also a gap in local manufacturing and distribution, making the market highly dependent on imports.
The rising focus on healthcare worker safety and chemotherapy drug handling is boosting the closed system transfer devices market. There is opportunity in localized production, distribution partnerships, and training services for healthcare facilities. Regulatory support for occupational safety further underpins market demand.
The closed system transfer devices (CSTDs) market in the Philippines is experiencing growth as hospitals and healthcare institutions invest in safety equipment to handle hazardous drugs. Government regulations on healthcare safety, particularly in the handling of chemotherapy and other hazardous drugs, drive the demand for CSTDs. The Department of Health (DOH) enforces standards to protect healthcare workers and patients from exposure to dangerous substances, and these regulations are pushing healthcare facilities to adopt closed system transfer devices as part of their safety protocols.
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 Philippines Closed System Transfer Devices Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Closed System Transfer Devices Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Closed System Transfer Devices Market - Industry Life Cycle |
3.4 Philippines Closed System Transfer Devices Market - Porter's Five Forces |
3.5 Philippines Closed System Transfer Devices Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Philippines Closed System Transfer Devices Market Revenues & Volume Share, By Component, 2021 & 2031F |
3.7 Philippines Closed System Transfer Devices Market Revenues & Volume Share, By Closing Mechanism, 2021 & 2031F |
3.8 Philippines Closed System Transfer Devices Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.9 Philippines Closed System Transfer Devices Market Revenues & Volume Share, By End User, 2021 & 2031F |
3.10 Philippines Closed System Transfer Devices Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Philippines Closed System Transfer Devices Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Philippines Closed System Transfer Devices Market Trends |
6 Philippines Closed System Transfer Devices Market, By Types |
6.1 Philippines Closed System Transfer Devices Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Philippines Closed System Transfer Devices Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Philippines Closed System Transfer Devices Market Revenues & Volume, By Membrane-To Membrane Systems, 2021- 2031F |
6.1.4 Philippines Closed System Transfer Devices Market Revenues & Volume, By Needle-Free Closed System Transfer Device, 2021- 2031F |
6.2 Philippines Closed System Transfer Devices Market, By Component |
6.2.1 Overview and Analysis |
6.2.2 Philippines Closed System Transfer Devices Market Revenues & Volume, By Devices, 2021- 2031F |
6.2.3 Philippines Closed System Transfer Devices Market Revenues & Volume, By Accessories, 2021- 2031F |
6.3 Philippines Closed System Transfer Devices Market, By Closing Mechanism |
6.3.1 Overview and Analysis |
6.3.2 Philippines Closed System Transfer Devices Market Revenues & Volume, By Push-To-Turn Systems, 2021- 2031F |
6.3.3 Philippines Closed System Transfer Devices Market Revenues & Volume, By Color-To-Color Alignment Systems, 2021- 2031F |
6.3.4 Philippines Closed System Transfer Devices Market Revenues & Volume, By Luer-Lock System, 2021- 2031F |
6.3.5 Philippines Closed System Transfer Devices Market Revenues & Volume, By Click-To-Lock Systems, 2021- 2031F |
6.4 Philippines Closed System Transfer Devices Market, By Technology |
6.4.1 Overview and Analysis |
6.4.2 Philippines Closed System Transfer Devices Market Revenues & Volume, By Diaphragm-Based Devices, 2021- 2031F |
6.4.3 Philippines Closed System Transfer Devices Market Revenues & Volume, By Compartmentalized Devices, 2021- 2031F |
6.4.4 Philippines Closed System Transfer Devices Market Revenues & Volume, By Air Cleaning/Filtration Devices, 2021- 2031F |
6.5 Philippines Closed System Transfer Devices Market, By End User |
6.5.1 Overview and Analysis |
6.5.2 Philippines Closed System Transfer Devices Market Revenues & Volume, By HospitalsOncology Centers & Clinics, 2021- 2031F |
6.5.3 Philippines Closed System Transfer Devices Market Revenues & Volume, By Ambulatory Surgical Centers, 2021- 2031F |
6.5.4 Philippines Closed System Transfer Devices Market Revenues & Volume, By Academic and Research Institutes, 2021- 2031F |
6.6 Philippines Closed System Transfer Devices Market, By Distribution Channel |
6.6.1 Overview and Analysis |
6.6.2 Philippines Closed System Transfer Devices Market Revenues & Volume, By Direct Tender, 2021- 2031F |
6.6.3 Philippines Closed System Transfer Devices Market Revenues & Volume, By Retail Sales, 2021- 2031F |
7 Philippines Closed System Transfer Devices Market Import-Export Trade Statistics |
7.1 Philippines Closed System Transfer Devices Market Export to Major Countries |
7.2 Philippines Closed System Transfer Devices Market Imports from Major Countries |
8 Philippines Closed System Transfer Devices Market Key Performance Indicators |
9 Philippines Closed System Transfer Devices Market - Opportunity Assessment |
9.1 Philippines Closed System Transfer Devices Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Philippines Closed System Transfer Devices Market Opportunity Assessment, By Component, 2021 & 2031F |
9.3 Philippines Closed System Transfer Devices Market Opportunity Assessment, By Closing Mechanism, 2021 & 2031F |
9.4 Philippines Closed System Transfer Devices Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.5 Philippines Closed System Transfer Devices Market Opportunity Assessment, By End User, 2021 & 2031F |
9.6 Philippines Closed System Transfer Devices Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Philippines Closed System Transfer Devices Market - Competitive Landscape |
10.1 Philippines Closed System Transfer Devices Market Revenue Share, By Companies, 2024 |
10.2 Philippines Closed System Transfer Devices Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |