Vial Adaptors for Reconstitution Drug Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)

The Vial Adaptors for Reconstitution Drug Market is segmented by Material Type (Polycarbonate, Silicon, Polyethylene, Others), Therapeutic Area, and Geography

Market Snapshot

Vial Adaptors for Reconstitution Drug Market Size
Study Period: 2018 - 2026
Base Year: 2021
Fastest Growing Market: Asia Pacific
Largest Market: North America
CAGR: 7.3 %
Vial Adaptors for Reconstitution Drug Market Major Players

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Market Overview

The major factor attributing to the growth of the market increasing prevalence and incidence of chronic diseases like cancer, kidney diseases, and infectious diseases. According to World Health Organization(WHO), approximately 50,000 people are dying every day from infectious diseases and 30 new diseases have surfaced in the last 20 years and now together threaten the health of hundreds of millions of people. 

Furthermore, the growing awareness about the advantages of using vial adaptors and the rising number of geriatric population are the major factors boosting the market growth. However, the availability of substitutes is a major drawback of market growth.

Scope of the Report

As per the scope of the report vial adapters are a cost-effective solution for the safe and rapid transfer and reconstitution of drugs between vials and syringes. Adaptors enable the optimal aspiration of mixed and reconstituted drugs.

By Material
Polycarbonate
Silicon
Polyethylene
Others
By Therapeutic Area
Autoimmune Diseases
Infectious Diseases
Metabolic Conditions
Others
Geography
North America
United States
Canada
Mexico
Europe
Germany
United Kingdom
France
Italy
Spain
Rest of Europe
Asia-Pacific
China
Japan
India
Australia
South Korea
Rest of Asia-Pacific
Middle-East and Africa
GCC
South Africa
Rest of Middle-East and Africa
South America
Brazil
Argentina
Rest of South America

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Key Market Trends

Infectious diseases segment holds a major share in the Vial Adaptors for Reconstitution Drug Market

Infectious diseases are caused by pathogenic microorganisms, such as bacteria, viruses, parasites, or fungi; the diseases can be spread, directly or indirectly, from one person to another. 

According to the Centers for Disease Control and Prevention, 15.5 million people are getting diagnosed with infectious diseases only in the United States. As the incidence and prevalence of infectious diseases increase the demand of the adapters increases. As per the statistics, the increase in the number of patients is directly proportional to the market growth. Thus, considering the rising prevalence of infectious diseases the market is expected to grow over the forecast period.

Vial Adaptors for Reconstitution Drug Market Trends

North America Dominates the Market and Expected to do Same in the Forecast Period

North America is expected to dominate the overall vial adaptors for reconstitution drug market, throughout the forecast period. The market growth is due to the factors such as the presence of key players, established healthcare infrastructure, and availability of branded drugs are some of the key factors accountable for its large share in the market. Furthermore, beneficial government initiatives and increase in number of research partnerships are some of the drivers expected to increase the market growth. The United States has a unique healthcare system among the developed countries. However, the cost of hospitals is very high in the country; the government or private insurance cover it. The rising prevalence of chronic diseases in the country is the prime factor responsible for the growth of the market in the country.

Vial Adaptors for Reconstitution Drug Market Analysis

Competitive Landscape

The vial adaptors for reconstitution drug market is moderately competitive and consists of several major players. Some of the market players are Miltenyi Biotec, Baxter, Randox Laboratories Ltd., West Pharmaceutical Services, Inc., B. Braun Medical Inc., Shimadzu Corporation, and Thermo Fisher Scientific

Major Players

  1. Miltenyi Biotec

  2. Randox Laboratories Ltd

  3. Sartorious AG

  4. West Pharmaceutical Services, Inc.

  5. Baxter International Inc.

Miltenyi Biotec, Randox Laboratories Ltd, Sartorious AG, West Pharmaceutical Services, Inc., Baxter International Inc.

Table of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Deliverables

    2. 1.2 Study Assumptions

    3. 1.3 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

  4. 4. MARKET DYNAMICS

    1. 4.1 Market Overview

    2. 4.2 Market Drivers

      1. 4.2.1 Increasing Prevalence of Infectious Diseases

      2. 4.2.2 Rising Geriatric Population

      3. 4.2.3 Increasing Awareness of the Advantages of the Vial Adaptors

    3. 4.3 Market Restraints

      1. 4.3.1 Availability of Substitutes

    4. 4.4 Porter's Five Force Analysis

      1. 4.4.1 Threat of New Entrants

      2. 4.4.2 Bargaining Power of Buyers/Consumers

      3. 4.4.3 Bargaining Power of Suppliers

      4. 4.4.4 Threat of Substitute Products

      5. 4.4.5 Intensity of Competitive Rivalry

  5. 5. MARKET SEGMENTATION

    1. 5.1 By Material

      1. 5.1.1 Polycarbonate

      2. 5.1.2 Silicon

      3. 5.1.3 Polyethylene

      4. 5.1.4 Others

    2. 5.2 By Therapeutic Area

      1. 5.2.1 Autoimmune Diseases

      2. 5.2.2 Infectious Diseases

      3. 5.2.3 Metabolic Conditions

      4. 5.2.4 Others

    3. 5.3 Geography

      1. 5.3.1 North America

        1. 5.3.1.1 United States

        2. 5.3.1.2 Canada

        3. 5.3.1.3 Mexico

      2. 5.3.2 Europe

        1. 5.3.2.1 Germany

        2. 5.3.2.2 United Kingdom

        3. 5.3.2.3 France

        4. 5.3.2.4 Italy

        5. 5.3.2.5 Spain

        6. 5.3.2.6 Rest of Europe

      3. 5.3.3 Asia-Pacific

        1. 5.3.3.1 China

        2. 5.3.3.2 Japan

        3. 5.3.3.3 India

        4. 5.3.3.4 Australia

        5. 5.3.3.5 South Korea

        6. 5.3.3.6 Rest of Asia-Pacific

      4. 5.3.4 Middle-East and Africa

        1. 5.3.4.1 GCC

        2. 5.3.4.2 South Africa

        3. 5.3.4.3 Rest of Middle-East and Africa

      5. 5.3.5 South America

        1. 5.3.5.1 Brazil

        2. 5.3.5.2 Argentina

        3. 5.3.5.3 Rest of South America

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Company Profiles

      1. 6.1.1 Miltenyi Biotec

      2. 6.1.2 Baxter International Inc.

      3. 6.1.3 Randox Laboratories Ltd

      4. 6.1.4 Sartorious AG

      5. 6.1.5 West Pharmaceutical Services, Inc.

      6. 6.1.6 Thermo Fisher Scientific

      7. 6.1.7 Agilent Technologies

      8. 6.1.8 Becton, Dickinson and Company

      9. 6.1.9 B. Braun Medical Inc.

    2. *List Not Exhaustive
  7. 7. MARKET OPPORTUNITIES AND FUTURE TRENDS

**Competitive Landscape covers- Business Overview, Financials, Products and Strategies and Recent Developments
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Frequently Asked Questions

The Vial Adaptors for Reconstitution Drug Market market is studied from 2018 - 2026.

The Vial Adaptors for Reconstitution Drug Market is growing at a CAGR of 7.3% over the next 5 years.

Asia Pacific is growing at the highest CAGR over 2021- 2026.

North America holds highest share in 2021.

Miltenyi Biotec, Randox Laboratories Ltd, Sartorious AG, West Pharmaceutical Services, Inc., Baxter International Inc. are the major companies operating in Vial Adaptors for Reconstitution Drug Market.

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