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%.
Autoimmune Diseases to Drive Global Vial Adaptors for Reconstitution Drug Market
On the basis of therapeutic area, the vial adaptors for reconstitution drug market has been segmented into autoimmune diseases, infectious diseases, metabolic conditions, reproductive health and others. Currently, the infectious diseases segment holds a major share in the global vial adaptors for reconstitution drug therapeutic area segment. However, the autoimmune diseases segment is expected to show robust growth rate in the coming years. As of 2015, it was the second largest segment in the overall market in terms of revenue. The American Autoimmune Related Diseases Association (AARDA) states that more than 50 million individuals are affected by autoimmune disorders in the U.S. every year. This is expected to drive the autoimmune diseases segment in the coming years.
North America to Remain the Leading Regional Market during Forecast Period
In terms of geography, the global market is segmented into North America, Europe, Asia Pacific, and Rest of the World. Out of these regional markets, North America remained dominant in the global vial adaptors for reconstitution drug market in 2015. Europe followed this lead closely. The high incidence of autoimmune diseases, rising technological advancements, and growing demand for needle-free products likely to support the growth of the vial adaptors for reconstitution drug market in North America. On the other hand, the demand in Europe will be fueled by increasing advancements in healthcare technology amidst rising safety concerns.
Analysts estimate that Asia Pacific is also likely to be a lucrative market for the vial adaptors for reconstitution drugs during the forecast period. The growing adoption of technology, high prevalence of autoimmune diseases such as diabetes, and increasing adoption of technology are all expected to make a significant contribution to the soaring vial adaptors for reconstitution drug market in Asia Pacific. This regional market will also be propelled by the swelling pool of geriatrics, who are prone to various medical conditions and a vast pool of unmet medical needs. The strengthening economies of Asia Pacific and improving access to healthcare in the region are also likely to augment the demand for vial adaptors for reconstitution drugs.
The key 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 market is largely consolidated as major players hold a dominating share.
The global vial adaptors for reconstitution drug market has been segmented as follows:
by Product Type |
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by Material |
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by Therapeutic Area |
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by Delivery Mode |
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by Geography |
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Vial adaptors for reconstitution drug Market is projected to reach US$1.3 billion by the end of 2024
Vial adaptors for reconstitution drug Market is anticipated to expand at a CAGR of 7.5% during the forecast period
Vial adaptors for reconstitution drug Market is driven by growing prevalence of infectious diseases, widening pool of geriatrics, and increasing safety concerns
The infectious diseases segment holds a major share in the global vial adaptors for reconstitution drug market
Top Key players in 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.
Section - 1 Preface
1.1 Report Scope and Market Segmentation
1.2 Research Highlights
Section - 2 Assumptions and Research Methodology
2.1 Assumptions and Acronyms Used
2.2 Research Methodology
Section-3 Executive Summary
3.1 Global Vial Adaptors for Reconstitution Drug: Market Snapshot
3.2 Global Vial Adaptors for Reconstitution Drug Market: Opportunity Map
Section-4 Market Dynamics
4.1 Drivers and Restraints Snapshot Analysis
4.1.2 Drivers
4.1.2.1 Safety Concerns
4.1.2.2 Aging Population
4.1.2.3 Increasing Prevalence of Infectious Diseases
4.1.2.4 Reduced Drug Overfill
4.1.2.5 Increasing demand for lyophilized drug
4.1.2.6 No risk of contamination or drug spillage
4.1.3 Restraints
4.1.3.1 Vial adaptors usage requires further customization in some cases
4.1.3.2 Availability of substitutes
4.1.4 Opportunity Analysis
4.1.4.1 Technological Advancement
4.1.4.2 Expansion toward Developing Nations
4.3 Global Vial Adaptors for Reconstitution Drug Market Revenue Projection
4.4 Porter’s Five Forces Analysis
4.5 Value Chain Analysis
4.6 Vial Adaptors for Reconstitution Drug Market Outlook
Section-5 Vial Adaptors for Reconstitution Drug Market Analysis By Product Type
5.1 Key Findings
5.2 Introduction
5.3 Global Vial Adaptors for Reconstitution Drug Market Value Share Analysis, By Product Type
5.4 Global Vial Adaptors for Reconstitution Drug Market Forecast By Product Type
5.4.1 13mm Vial Adaptors
5.4.2 20mm Vial Adaptors
5.5 Global Vial Adaptors for Reconstitution Drug Market Attractiveness Analysis By Product Type
Section-6 Global Vial Adaptors for Reconstitution Drug Market Analysis By Material
6.1 Key Findings
6.2 Introduction
6.3 Global Vial Adaptors for Reconstitution Drug Market Value Share Analysis, By Material
6.4 Global Vial Adaptors for Reconstitution Drug Market Forecast, By Material
6.4.1 Polycarbonate
6.4.2 Silicon
6.4.3 Polyethylene Teraphthalate Glycol
6.4.4 Polyethylene
6.4.5 Others
6.5 Global Vial Adaptors for Reconstitution Drug Market Attractiveness Analysis, By Material
Section-7 Global Vial Adaptors for Reconstitution Drug Market Analysis, By Therapeutic Area
7.1 Key Findings
7.2 Introduction
7.3 Global Vial Adaptors for Reconstitution Drug Market Value Share Analysis, By Therapeutic Area
7.4 Global Vial Adaptors for Reconstitution Drug Market Forecast, By Therapeutic Area
7.4.1 Autoimmune Diseases
7.4.2 Infectious Diseases
7.4.3 Metabolic Conditions
7.4.4 Reproductive Health
7.4.5 Others
7.5 Global Vial Adaptors for Reconstitution Drug Market Attractiveness Analysis, By Therapeutic Area
Section-8 Global Vial Adaptors for Reconstitution Drug Market Analysis, By Delivery Mode
8.1 Key Findings
8.2 Introduction
8.3 Global Vial Adaptors for Reconstitution Drug Market Value Share Analysis, By Therapeutic Area
8.4 Global Vial Adaptors for Reconstitution Drug Market Forecast, By Delivery Mode
8.4.1 Injection
8.4.2 Infusion
8.5 Global Vial Adaptors for Reconstitution Drug Market Attractiveness Analysis, By Delivery Mode
Section-9 Global Vial Adaptors for Reconstitution Drug Market Analysis, By Region
9.1 Global Market Scenario
9.2 Global Vial Adaptors for Reconstitution Drug Market Value Share Analysis, By Region
9.2.1 Global Vial Adaptors for Reconstitution Drug Market Forecast By Region
9.3 Global Vial Adaptors for Reconstitution Drug Market Attractiveness Analysis, By Region
Section-10 North America Vial Adaptors for Reconstitution Drug Market Analysis
10.1 North America Vial Adaptors for Reconstitution Drug Market Overview
10.2 North America Market Value Share Analysis, By Product Type
10.2.1 North America Market Forecast By Product Type
10.3 North America Market Value Share Analysis, By Material
10.3.1 North America Market Forecast By Material
10.4 North America Market Value Share Analysis, By Therapeutic Area
10.4.1 North America Market Value Share Analysis, By Therapeutic Area
10.5. North America Market Value Share Analysis, By Delivery Mode
10.5.1 North America Market Value Share Analysis, By Delivery Mode
10.6 North America Market Forecast By Country
10.7 North America Market Attractiveness Analysis
10.8 North America Market Trends
Section-11 Europe Vial Adaptors for Reconstitution Drug Market Analysis
11.1 Europe Vial Adaptors for Reconstitution Drug Market Overview
11.2 Europe Market Value Share Analysis, By Product Type
11.2.1 Europe Market Forecast By Product Type
11.3 Europe Market Value Share Analysis, By Material
11.3.1 Europe Market Forecast By Material
11.4 Europe Market Value Share Analysis, By Therapeutic Area
11.4.1 Europe Market Value Share Analysis, By Therapeutic Area
11.5 Europe Market Value Share Analysis, By Delivery Mode
11.5.1 Europe Market Value Share Analysis, By Delivery Mode
11.6 Europe Market Forecast By Country
11.7 Europe Market Attractiveness Analysis
11.8 Europe Market Trends
Section-12 Asia Pacific Vial Adaptors for Reconstitution Drug Market Analysis
12.1 Asia Pacific Vial Adaptors for Reconstitution Drug Market Overview
12.2 Asia Pacific Market Value Share Analysis, By Product Type
12.2.1 Asia Pacific Market Forecast By Product Type
12.3 Asia Pacific Market Value Share Analysis, By Material
12.3.1 Asia Pacific Market Forecast By Material
12.4 Asia Pacific Market Value Share Analysis, By Therapeutic Area
12.4.1 Asia Pacific Market Value Share Analysis, By Therapeutic Area
12.5 Asia Pacific Market Value Share Analysis, By Delivery Mode
12.5.1 Asia Pacific Market Value Share Analysis, By Delivery Mode
12.6 Asia Pacific Market Forecast By Country
12.7 Asia Pacific Market Attractiveness Analysis
12.8 Asia Pacific Market Trends
Section-13 Rest of the World Vial Adaptors for Reconstitution Drug Market Analysis
13.1 Rest of the World Vial Adaptors for Reconstitution Drug Market Overview
13.2 Rest of the World Market Value Share Analysis, By Product Type
13.2.1 Rest of the World Market Forecast By Product Type
13.3 Rest of the World Market Value Share Analysis, By Material
13.3.1 Rest of the World Market Forecast By Material
13.4 Rest of the World Market Value Share Analysis, By Therapeutic Area
13.4.1 Rest of the World Market Value Share Analysis, By Therapeutic Area
13.5 Rest of the World Market Value Share Analysis, By Delivery Mode
13.5.1 Rest of the World Market Value Share Analysis, By Delivery Mode
13.6 Rest of the World Market Attractiveness Analysis
13.7 Rest of the World Market Trends
Section-14 Competition Landscape
14.1 Market Share Analysis, by Key Players, 2015
14.2 Competition Matrix
14.3 Company Profiles
14.3.1 Baxter International Inc.
14.3.1.1 Company Overview
14.3.1.2 Business Overview
14.3.1.3 Financial Overview
14.3.1.4 SWOT Analysis
14.3.1.5 Strategic Overview
14.3.2 Becton, Dickinson and Company
14.3.2.1 Company Overview
14.3.2.2 Business Overview
14.3.2.3 Financial Overview
14.3.2.4 SWOT Analysis
14.3.2.5 Strategic Overview
14.3.3 Cardinal Health, Inc.
14.3.3.1 Company Overview
14.3.3.2 Business Overview
14.3.3.3 Financial Overview
14.3.3.4 SWOT Analysis
14.3.3.5 Strategic Overview
14.3.4 Sensile Medical AG
14.3.4.1 Company Overview
14.3.4.2 Business Overview
14.3.4.3 Financial Overview
14.3.4.4 SWOT Analysis
14.3.4.5 Strategic Overview
14.3.5 Unilife Corporation
14.3.5.1 Company Overview
14.3.5.2 Business Overview
14.3.5.3 Financial Overview
14.3.5.4 SWOT Analysis
14.3.5.5 Strategic Overview
14.3.6 West Pharmaceutical Services, Inc.
14.3.6.1 Company Overview
14.3.6.2 Business Overview
14.3.6.3 Financial Overview
14.3.6.4 SWOT Analysis
14.3.6.5 Strategic Overview
List of Tables
Table 01: Global Vial Adaptors for Reconstitution Drug Market Size (US$ Mn) and Volume (Million Units) Forecast, by Product Type, 2014–2024
Table 02: Global Vial Adaptors for Reconstitution Drug Market Size (US$ Mn) Forecast, by Material, 2014–2024
Table 03: Global Vial Adaptors for Reconstitution Drug Market Size (US$ Mn) and Volume (Million Units) Forecast, by Therapeutic Area, 2014–2024
Table 04: Global Vial Adaptors for Reconstitution Drug Market Size (US$ Mn) and Volume (Million Units) Forecast, by Delivery Mode, 2014–2024
Table 05: Global Vial Adaptors for Reconstitution Drug Market Size (US$ Mn) and Volume (Million units) Forecast, by Region, 2014–2024
Table 06: North America Vial Adaptors for Reconstitution Drug Market Size (US$ Mn) and Volume (Million Units) Forecast, by Product Type, 2014–2024
Table 07: North America Vial Adaptors for Reconstitution Drug Market Size (US$ Mn) Forecast, by Material, 2014–2024
Table 08: North America Vial Adaptors for Reconstitution Drug Market Size (US$ Mn) and Volume (Million Units) Forecast, by Therapeutic Area, 2014–2024
Table 09: North America Vial Adaptors for Reconstitution Drug Market Size (US$ Mn) and Volume (Million Units) Forecast, by Delivery Mode, 2014–2024
Table 10: North America Vial Adaptors for Reconstitution Drug Market Size (US$ Mn) and Volume (Million Units) Forecast, by Country, 2014–2024
Table 11: Europe Vial Adaptors for Reconstitution Drug Market Size (US$ Mn) and Volume (Million Units) Forecast, by Product Type, 2014–2024
Table 12: Europe Vial Adaptors for Reconstitution Drug Market Size (US$ Mn) Forecast, by Material, 2014–2024
Table 13: Europe Vial Adaptors for Reconstitution Drug Market Size (US$ Mn) and Volume (Million Units) Forecast, by Therapeutic Area, 2014–2024
Table 14: Europe Vial Adaptors for Reconstitution Drug Market Size (US$ Mn) and Volume (Million Units) Forecast, by Delivery Mode, 2014–2024
Table 15: Europe Vial Adaptors for Reconstitution Drug Market Size (US$ Mn) and Volume (Million Units) Forecast, by Country, 2014–2024
Table 16: Asia Pacific Vial Adaptors for Reconstitution Drug Market Size (US$ Mn) and Volume (Million Units) Forecast, by Product Type, 2014–2024
Table 17: Asia Pacific Vial Adaptors for Reconstitution Drug Market Size (US$ Mn) Forecast, by Material, 2014–2024
Table 18: Asia Pacific Vial Adaptors for Reconstitution Drug Market Size (US$ Mn) and Volume (Million Units) Forecast, by Therapeutic Area, 2014–2024
Table 19: Asia Pacific Vial Adaptors for Reconstitution Drug Market Size (US$ Mn) and Volume (Million Units) Forecast, by Delivery Mode, 2014–2024
Table 20: Asia Pacific Vial Adaptors for Reconstitution Drug Market Size (US$ Mn) and Volume (Million Units) Forecast, By Country, 2014–2024
Table 21: Rest of the World Vial Adaptors for Reconstitution Drug Market Size (US$ Mn) and Volume (Million Units) Forecast, by Product Type, 2014–2024
Table 22: Rest of the World Vial Adaptors for Reconstitution Drug Market Size (US$ Mn) Forecast, by Material, 2014–2024
Table 23: Rest of the World Vial Adaptors for Reconstitution Drug Market Size (US$ Mn) and Volume (Million Units) Forecast, by Therapeutic Area, 2014–2024
Table 24: Rest of the World Vial Adaptors for Reconstitution Drug Market Size (US$ Mn) and Volume (Million Units) Forecast, by Delivery Mode, 2014–2024
List of Figures
Figure 01: Global Vial Adaptors for Reconstitution Drug Market Size (US$ Mn) and Volume (Million Units) Forecast, 2014–2024
Figure: 02: Illustration of the Vial Adaptors for Reconstitution Drugs Price Build-up
Figure 03: Global Vial Adaptors for Reconstitution Drug Market Value Share Analysis, by Product Type, 2015 and 2024
Figure 04: Global Vial Adaptors for Reconstitution Drug Market Attractiveness Analysis, by Product Type
Figure 05: Global Vial Adaptors for Reconstitution Drug Market Value Share Analysis, by Material, 2015 and 2024
Figure 06: Vial Adaptors for Reconstitution Drug Market Attractiveness Analysis, by Material
Figure 07: Global Vial Adaptors for Reconstitution Drug Market Value Share Analysis, by Therapeutic Area, 2015 and 2024
Figure 08: Vial Adaptors for Reconstitution Drug Market Attractiveness Analysis, by Therapeutic Area
Figure 09: Global Vial Adaptors for Reconstitution Drug Market Value Share Analysis, by Delivery Mode, 2015 and 2024
Figure 10: Global Vial Adaptors for Reconstitution Drug Market Attractiveness Analysis, by Delivery Mode
Figure 11: Global Vial Adaptors for Reconstitution Drug Market Value Share Analysis, by Region, 2015 and 2024
Figure 12: Vial Adaptors for Reconstitution Drug Market Attractiveness Analysis, by Region
Figure 13: North America Vial Adaptors for Reconstitution Drug Market Size (US$ Mn) and Volume (Million Units) Forecast, 2014–2024
Figure 14: North America Vial Adaptors for Reconstitution Drug Market Size Y-o-Y Growth Projections, 2015–2024
Figure 15: North America Market Attractiveness Analysis, by Country
Figure 16: North America Market Value Share Analysis, by Product Type, 2015 and 2024
Figure 17: North America Market Value Share Analysis, by Material, 2015 and 2024
Figure 18: North America Market Value Share Analysis, by Therapeutic Area, 2015 and 2024
Figure 19: North America Market Value Share Analysis, by Delivery Mode, 2015 and 2024
Figure 20: North America Market Value Share Analysis, by Country, 2015 and 2024
Figure 21: North America Market Attractiveness Analysis, by Product Type
Figure 22: North America Market Attractiveness Analysis, by Material
Figure 23: North America Market Attractiveness Analysis, by Therapeutic Area
Figure 24: North America Market Attractiveness Analysis, by Delivery Mode
Figure 25: Europe Vial Adaptors for Reconstitution Drug Market Size (US$ Mn) and Volume (Million Units) Forecast, 2014–2024
Figure 26: Europe Vial Adaptors for Reconstitution Drug Market Size and Volume Y-o-Y Growth Projections, 2015–2024
Figure 27: Europe Vial Adaptors for Reconstitution Drug Market Attractiveness Analysis, by Country
Figure 28: Europe Vial Adaptors for Reconstitution Drug Market Value Share Analysis, by Product Type, 2015 and 2024
Figure 29: Europe Vial Adaptors for Reconstitution Drug Market Value Share Analysis, by Material, 2015 and 2024
Figure 30: Europe Vial Adaptors for Reconstitution Drug Market Value Share Analysis, by Therapeutic Area, 2015 and 2024
Figure 31: Europe Vial Adaptors for Reconstitution Drug Market Value Share Analysis, by Delivery Mode, 2015 and 2024
Figure 32: Europe Vial Adaptors for Reconstitution Market Value Share Analysis, by Country, 2015 and 2024
Figure 33: Europe Vial Adaptors for Reconstitution Drug Market Attractiveness Analysis, by Product Type
Figure 34: Europe Vial Adaptors for Reconstitution Drug Market Attractiveness Analysis, by Material
Figure 35: Europe Vial Adaptors for Reconstitution Drug Market Attractiveness Analysis, by Therapeutic Area
Figure 36: Europe Vial Adaptors for Reconstitution Drug Market Attractiveness Analysis, by Delivery Mode
Figure 37: Asia Pacific Vial Adaptors for Reconstitution Drug Market Size (US$ Mn) and Volume (Million Units) Forecast, 2014–2024
Figure 38: Asia Pacific Vial Adaptors for Reconstitution Drug Market Size Y-o-Y Growth Projections, 2015–2024
Figure 39: Asia Pacific Market Attractiveness Analysis, by Country
Figure 40: Asia Pacific Market Value Share Analysis, by Product Type, 2015 and 2024
Figure 41: Asia Pacific Market Value Share Analysis, by Material, 2015 and 2024
Figure 42: Asia Pacific Market Value Share Analysis, by Therapeutic Area, 2015 and 2024
Figure 43: Asia Pacific Market Value Share Analysis, by Delivery Mode, 2015 and 2024
Figure 44: Asia Pacific Market Value Share Analysis, by Country, 2015 and 2024
Figure 45: Asia Pacific Market Attractiveness Analysis, by Product Type
Figure 46: Asia Pacific Market Attractiveness Analysis, by Material
Figure 47: Asia Pacific Market Attractiveness Analysis, by Therapeutic Area
Figure 48: Asia Pacific Market Attractiveness Analysis, by Delivery Mode
Figure 49: Rest of the World Vial Adaptors for Reconstitution Drug Market Size (US$ Mn) and Volume (Million Units) Forecast, 2014–2024
Figure 50: Rest of the World Vial Adaptors for Reconstitution Drug Market Size Y-o-Y Growth Projections, 2015–2024
Figure 51: Rest of the World Vial Adaptors for Reconstitution Drug Market Value Share Analysis, by Product Type, 2015 and 2024
Figure 52: Rest of the World Vial Adaptors for Reconstitution Drug Market Value Share Analysis, by Material, 2015 and 2024
Figure 53: Rest of the World Vial Adaptors for Reconstitution Drug Market Value Share Analysis, by Therapeutic Area, 2015 and 2024
Figure 54: Rest of the World Vial Adaptors for Reconstitution Drug Market Value Share Analysis, by Delivery Mode, 2015 and 2024
Figure 55: Rest of the World Vial Adaptors for Reconstitution Drug Market Attractiveness Analysis, by Product Type
Figure 56: Rest of the World Vial Adaptors for Reconstitution Drug Market Attractiveness Analysis, by Material
Figure 57: Rest of the World Vial Adaptors for Reconstitution Drug Market Attractiveness Analysis, by Therapeutic Area
Figure 58: Rest of the World Vial Adaptors for Reconstitution Drug Market Attractiveness Analysis, by Delivery Mode