What experts are saying about Vial Adaptors For Reconstitution Drug Market?

According to the latest market report published by Credence Research, Inc. “Vial Adaptors for Reconstitution Drug Market - Growth, Future Prospects and Competitive Analysis, 2017 - 2025” the global vial adaptors for reconstitution drug market was valued at US$ 796.9 Mn in 2016, and is expected to reach US$ 1,509.8 Mn by 2025, expanding at a CAGR of 7.4% from 2017 to 2025.

Browse the full report Vial Adaptors for Reconstitution Drug Market - Growth, Future Prospects and Competitive Analysis, 2017 – 2025 at http://www.credenceresearch.com/report/vial-adaptors-for-reconstitution-drug-market

Market Insights

Vial adaptors are used for the safe transfer and reconstitution of drugs between vials and syringes; vial adaptors market is rapidly growing due to advantages associated with it such as reduce exposure to needle stick injuries, requires fewer steps for drug delivery and reduced costly overfill requirements that are driving the growth of vial adapter market globally. For the purpose of study vial adaptors for reconstitution drug market is segmented on the basis of material such as polycarbonate, polyethylene, silicon and other material; currently, polyethylene is largest revenue contributing segment due its chemical and physical inertness. It is observed that, in the base year 2016, North America held largest market share due to higher price of vial adapters, technological advances, increased safety awareness and mandatory use of safety devices fueling the growth of vial adaptors for reconstitution drug market in North America. Asia Pacific is anticipated to show highest CAGR during forecast period due to rising healthcare awareness, developing economic condition and developing healthcare infrastructure would expected to drive the market growth during forecast period.

However, the market is currently dominated by few players such as B. Braun Medical, Baxter, Becton, Dickinson and Company, Cardinal Health, Helapet Ltd., MedXL Inc., Nipro Pharma Packaging India Pvt. Ltd., Sensile Medical, Unilife Corporation, West Pharmaceutical Services, Inc. and other.

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Chapter 1 Preface
1.1 Report Description
1.1.1 Purpose of the Report
1.1.2 Target Audience
1.1.3 USP and Key Offerings
1.2 Research Scope
1.3 Research Methodology
1.3.1 Phase I – Secondary Research
1.3.2 Phase II – Primary Research
1.3.3 Phase III – Expert Panel Review
1.3.4 Assumptions

Chapter 2 Executive Summary
2.1 Global Vial Adaptors for Reconstitution Drug Market Snapshot
2.2 Global Vial Adaptors for Reconstitution Drug Market, by Material Type, 2016 (US$ Mn)
2.3 Global Vial Adaptors for Reconstitution Drug Market Share, by Geography, 2016 (Value %)

Chapter 3 Vial Adaptors for Reconstitution Drug Market Analysis
3.1 Global Vial Adaptors for Reconstitution Drug Market Overview
3.2 Market Dynamics
3.2.1 Market Drivers
3.2.2 Challenges
3.2.3 Opportunities ...

For the purpose of this study, the global vial adaptors for reconstitution drug market is categorized into:

  • North America
  • Europe
  • Asia Pacific
  • Latin America (LATAM)
  • Middle East and Africa (MEA)

Vial Adaptors for Reconstitution Drug Market

In the base year 2016, North America dominated the vial adaptors for reconstitution drug market in terms of revenue and it is anticipated that it will show steady growth during forecast period. In North America, the United States continues to remain the single largest regional market due to factors such as increased sales of higher price of vial adapters, technological advances, increased safety awareness and mandatory use of safety devices are driving the growth of vial adaptors for reconstitution drug market in this region. Comparatively lower cost of medical devices and lower healthcare awareness in some African countries are negatively impacting the growth of vial adapter market in Middle East and Africa. It is estimated that Asia Pacific would grow at fastest CAGR during the forecast period due to factors such as continuous development in economic condition, increasing healthcare awareness and developing healthcare infrastructure would fuel the market growth in Asia Pacific during forecast period.

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