Global Needlefree Closed System Transfer Device (CSTD) market cagr 11.7%

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Needlefree Closed System Transfer Device (CSTD) Market

Needlefree Closed System Transfer Device (CSTD)

Market Scope: Industry Analysis, Market Size, Growth, Trends Till 2031

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Needlefree Closed System Transfer Device (CSTD)

Market Size and Growth

The global Needlefree Closed System Transfer Device (CSTD) market is projected to witness significant growth due to increasing concerns regarding drug exposure and the rise in chemotherapy procedures. The market size is estimated to reach $1.5 billion by 2025, driven by stringent regulations and the growing adoption of CSTDs in healthcare facilities. Request Sample Report

Companies Covered (Covid 19 Impact Covered)

◍ BD Medical

◍ Equashield

◍ ICU Medical

◍ Teva Medical Ltd

◍ Corvida Medical

The Needlefree CSTD market is highly competitive with key players such as BD Medical, Equashield, ICU Medical, Teva Medical Ltd, and Corvida Medical. These companies offer innovative CSTD solutions to healthcare facilities and pharmacies to ensure safe drug handling. Sales revenues as follows:

- BD Medical: $8.9 billion

- ICU Medical: $1.4 billion

- Teva Medical Ltd: $16.9 billion

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Market Segmentation

By Application

◍ Hospital

◍ Clinic

By Product

◍ Closed Vial Access Devices

◍ Closed Syringe Safety Devices

◍ Closed Bag/Line Access Devices

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$ X Billion USD
Market Growth
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