Market Introduction
The closed system drug transfer devices provide protection against hazardous drugs or vapors during drug preparation and administration. It comprises components which enables filtering of dangerous vapors out of the system. Closed system drug transfer devices play a major role in protection of healthcare professionals from antineoplastic as well as other harmful medications.
Market Overview and Dynamics
The Middle East & Africa closed systems drug transfer devices market is expected to reach US$ 61.16 million by 2027 from US$ 15.28 million in 2019. The market is anticipated to grow at a CAGR of 19.0% during 2019–2027. The growing adoption of chemotherapy and closed system drug transfer devices are the major factors expected to boost the growth of the closed systems drug transfer devices market in Middle East & Africa. However, the market is likely to get impacted by the risk factor such as lack of regulatory guidelines regarding health workers’ safety in emerging countries during the forecast period.
Key Market Segments
In terms of closing mechanism, the push-to-turn systems segment accounted for the largest share of the Middle East & Africa closed systems drug transfer devices market in 2019. In terms of type, membrane-to-membrane systems segment accounted for the largest share of the Middle East & Africa closed systems drug transfer devices market in 2019. In terms of technology, the diaphragm-based devices segment accounted for the largest share of the Middle East & Africa closed systems drug transfer devices market in 2019. In terms of component, the vial access devices segment accounted for the largest share of the Middle East & Africa closed systems drug transfer devices market in 2019. In terms of end-user, the hospitals and clinics segment accounted for the largest share of the Middle East & Africa closed systems drug transfer devices market in 2019.
Major Sources and Companies Listed
Several major primary and secondary sources associated with the Middle East & Africa closed systems drug transfer devices market report are the World Health Organization (WHO), Globocan Cancer Statistics 2018, Cancer Association of South Africa (CANSA), and others.
Reasons to buy report
MIDDLE EAST & AFRICA CLOSED SYSTEMS DRUG TRANSFER DEVICES MARKET SEGMENTATION
By Type
By Technology
By Component
By End User
By Country
Company Profiles
| Report Attribute | Details |
|---|---|
| Market size in 2019 | US$ 15.28 Million |
| Market Size by 2027 | US$ 61.16 Million |
| CAGR (2019 - 2027) | 19.0% |
| Historical Data | 2017-2018 |
| Forecast period | 2020-2027 |
| Segments Covered |
By Closing Mechanism
|
|
Regions and Countries Covered
|
|
| Middle East and Africa | South Africa, Saudi Arabia, UAE, Rest of Middle East and Africa |
| Market leaders and key company profiles |
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The Middle East and Africa Closed Systems Drug Transfer Devices Market is valued at US$ 15.28 Million in 2019, it is projected to reach US$ 61.16 Million by 2027.
As per our report Middle East and Africa Closed Systems Drug Transfer Devices Market, the market size is valued at US$ 15.28 Million in 2019, projecting it to reach US$ 61.16 Million by 2027. This translates to a CAGR of approximately 19.0% during the forecast period.
The Middle East and Africa Closed Systems Drug Transfer Devices Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Middle East and Africa Closed Systems Drug Transfer Devices Market report:
The Middle East and Africa Closed Systems Drug Transfer Devices Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The Middle East and Africa Closed Systems Drug Transfer Devices Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the Middle East and Africa Closed Systems Drug Transfer Devices Market value chain can benefit from the information contained in a comprehensive market report.
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