Transparency Market Research presents this most up-to-date research on “Vial Adaptors for Reconstitution Drug Market (Products – 13mm and 20mm Vial Adaptors; Material – Polycarbonate, Silicon, Polyethylene Teraphthalate Glycol, and Polyethylene; Therapeutic Area – Autoimmune Diseases, Infectious Diseases, Metabolic Conditions, and Reproductive Health; Delivery Mode – Injection and Infusion) – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 – 2024”
Global Vial Adaptors for Reconstitution Drug Market: Snapshot
The global market for vial adaptors for reconstitution drugs has been experiencing a steady demand as these vial adaptors have come to be the safest solutions for quick transfer for drugs between vials. The demand for these vial adaptors is also expected to shoot up as they are exceptionally cost-effective and come with a reduced the risk of needlestick injuries. The growing prevalence of infectious diseases, widening pool of geriatrics, and increasing safety concerns have all triggered a demand for vial adaptors for reconstitution drugs. According to the research report, the global vial adaptors for reconstitution drug market was valued at US$780 mn in 2015 and is expected to reach US$1.3 bn by the end of 2024. Between the forecast years of 2016 and 2024, the global market is expected to progress at a CAGR of 7.5%.
Vial Adaptors for Reconstitution Drug Market: Scope and Methodology
This report on the vial adaptors for reconstitution drug market analyzes the current and future prospects of the market globally. The report comprises an elaborate executive summary, including a market snapshot that provides overall information of various segments and sub-segments.
The research is a combination of primary and secondary research. Primary research formed the bulk of our research efforts along with information collected from telephonic interviews and interactions via e-mails. Secondary research involved study of company websites, annual reports, press releases, stock analysis presentations, and various international and national databases. The report provides market size in terms of US$ Mn and volume in terms of million units for each segment for the period from 2014 to 2024, considering the macro and micro environmental factors. Growth rates for each segment within the global vial adaptors for reconstitution drug market have been determined after a thorough analysis of past trends, demographics, future trends, technological developments, and regulatory requirements.
A detailed qualitative analysis of factors responsible for driving and restraining market growth and future opportunities has been provided in the market overview section. This section of the report also includes market attractiveness analysis that provides a thorough analysis of the overall competitive scenario in the global vial adaptors for reconstitution drug market.
Market revenue in terms of US$ Mn and volume in terms of million units for the period between 2014 and 2024 along with the compound annual growth rate (CAGR %) from 2016 to 2024 are provided for all the segments, considering 2015 as the base year. Market size estimations involved in-depth study of services and product features of different types of services. Additionally, market related factors such as increasing preference for technologically advanced services, product innovation, and increasing prevalence of cancer and other chronic diseases in various geographies and historical year-on-year growth have been taken into consideration while estimating the market size.
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Key Players Mentioned in the Report are:
The global vial adaptors for reconstitution drug market is consolidated in which relatively small number of companies accounted for majority market share. Major players operating in the global vial adaptors for reconstitution drug market are Baxter International Inc., Becton, Dickinson and Company, Cardinal Health, Inc., Sensile Medical AG, Unilife Corporation and West Pharmaceutical Services, Inc.
The global vial adaptors for reconstitution drug market has been segmented as follows:
Global Vial Adaptors for Reconstitution Drug Market, by Product Type
13mm Vial Adaptor
20mm Vial Adaptor
Global Vial Adaptors for Reconstitution Drug Market, by Material
Polyethylene Teraphthalate Glycol
Global Vial Adaptors for Reconstitution Drug Market, by Therapeutic Area
Global Vial Adaptors for Reconstitution Drug Market, by Delivery Mode
Global Vial Adaptors for Reconstitution Drug Market, by Geography
Rest of Europe
Rest of Asia Pacific
Rest of World
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