MARKET DEFINITION

A vial Access Device is made to mitigate the infection due to the exposure of Clinicians to the harmful chemicals in the Vials. During Pipping out the chemical medicine from the Vial with a normal Syringe, the droplets of the liquid are exposed to the outer environment and can harm the Clinician. There are many Vial access devices that use different mechanisms so that the chemical from the Vial comes out safely.

MARKET DYNAMICS 

Health care workers are advised to use closed system transfer devices by drug controllers in various nations to avoid exposing patients to potentially dangerous drug handling processes before patient administration. The market has been driven by the critical necessity to establish a sanitary hospital environment. The primary factor that caused the market to increase is hospital-acquired illnesses. Vial access devices are in demand because they can be utilized for medication reconstitution therapy and are more economical.

REPORT SCOPE 

The report titled “Global Vial Access Devices Market – Size, Share, Growth, Opportunities, and Competitive Analysis, 2022 – 2028” offers strategic visions into the global Vial Access Devices market along with the market size (Value in “US$ Mn”) for the historical period 2017 to 2021 and estimates for the forecast period 2022 to 2028. The RI report is an in-depth study of the global Vial Access Devices market with a strong focus on key market trends, vital player strategies, and market forecasts. The study also covers key market dynamics, including drivers, restraints, opportunities, challenges, and existing and upcoming pathways that help CXOs make critical business decisions effectively. The global Vial Access Devices Market is predicted to grow at a significant CAGR over the forecast period from 2022 to 2028.

GEOGRAPHICAL OVERVIEW 

The research report includes a detailed overview of the industry comprising quantitative and qualitative information. It gives a broad overview of the worldwide market forecasts for major segments. It also includes market size and forecast projections for five key regions: North America, Europe, Asia-Pacific (APAC), South America, and the Middle East & Africa (MEA), for the years 2017 to 2028. The market is further divided by categories and countries within each province. The research scrutinizes and forecasts over 20 nations worldwide, as well as the present trend and possibilities in these regions.

MARKET SEGMENTATION

The Global Vial Access Devices Market is segmented based on Product Type, End User, and region. Based on Product Type, the market has been segmented into Vented and Non-Vented, whereas based on End Users, the market comprises Hospitals, Clinics, Ambulatory Surgical Centers, and Others.

COMPETITION LANDSCAPE

The RI research report discusses noteworthy developments in the industry as well as organic and inorganic growth strategies being adopted by the Vial Access Devices market players. The report covers industry activities, including new product launches, mergers & acquisitions, business partnerships, and various expansion initiatives being undertaken by the active players in the market. These developments pave the path for various market participants to strengthen their positioning as well as expand their consumer base. The positive market outlook for the global Vial Access Devices market is anticipated to present lucrative growth opportunities to the market players. The report also offers detailed profiles of major players in the global Vial Access Devices market, emphasizing the strategic initiatives, financial information, SWOT analysis, and key development in the Vial Access Devices industry in the past three years.

Key players in the Global Vial Access Devices Market have adopted various organic as well as inorganic growth strategies to strengthen their market positioning. Prominent players in the market include:

·         Becton Dickinson

·         TELEMED

·         ICU Medical

·         Teva Medical

·         Corvida Medical

·         B. Braun

·         Needleless

·         Biotech

COVID-19 IMPACT ANALYSIS ON GLOBAL VIAL ACCESS DEVICES MARKET 

The COVID-19 pandemic is still a very personal, individual experience that is also a once-in-a-lifetime worldwide phenomenon with far-reaching consequences. The epidemic has wreaked havoc on people's lives in all nations and communities and also had a negative impact on global economic development in 2020, unlike anything seen in almost a century. The pandemic severely impacted key economies such as India, Brazil, the U.S., France, Russia, the UK, Italy, Turkey, and Argentina. According to estimates, the virus slowed global economic growth by -3.4 percent to -7.6 percent in 2020, with a rebound of 4.2 percent to 5.6 percent expected in 2021. In 2020, global commerce was expected to decline by 5.3 percent, but it is expected to rise by 8.0 percent in 2021.

In contrast to the global economic downturn in the first half of 2020, the economy began to showcase symptoms of a two-track recovery post the second quarter of 2020, with a fledgling rebound in developed nations, however, slower growth in emerging economies. The outbreak of the Covid-19 pandemic has not only resulted in halted production activity but has also disrupted the global supply chain. The research goes on to evaluate the current and future implications of the COVID-19 pandemic both on the target as well as broader market, thereby, providing accurate and trustworthy forecasts.

RESEARCH PROGRAM DESIGN

KEY QUESTIONS ANSWERED

1.    What is the current size of the global Vial Access Devices market?

2.    What will be the growth rate of the market over the forecast period?

3.    Who are the key manufacturers/vendors in the Vial Access Devices market space?

4.    What are the major market opportunities and market risks faced by the market?

5.    What is the impact of COVID-19 on the market?

6.    What are the revenue, sales, and price analysis of the top manufacturers in this market?

7.    What are the key outcomes of Porter's five forces model?

8.    Who are the distributors, traders, and vendors in the industry?

REASONS FOR BUYING THIS REPORT:

·         The report offers comprehensive data on the Vial Access Devices market elaborating on the current state and future growth prospects both globally and regionally

·         It offers a six-year market forecast trend evaluating the impact of drivers and restraints and supporting factors for growth

·         The report offers deep-dive insights into each market segment and critical factors responsible for its growth

·         The report presents precise picture of the dynamic competitive landscape which helps our client advance their market position

·         The comprehensive analysis of the market along with the inclusion of analyst recommendations ensures that our clients make informed business decisions

·         Cross-segment country-level analysis included in the report which provides granular analysis of more than 20+ countries covered in the report scope

·         The study includes detailed profiles of major manufacturers to help our readers gain holistic overview of the market competitors and consequently align their business strategies

Chapter 1. Executive Summary
1.1. Market Outlook
1.2. Market Segment Outlook
1.3. Geography Outlook
1.4. Absolute $ Opportunity

Chapter 2. Research Methodology
2.1. Research Approach
2.2. Scope, Definition, and Assumptions
2.3. Data Sources
2.3.1. Secondary Sources
2.3.1.1. Preliminary Data Mining
2.3.2. Primary Sources
2.3.2.1. Statistical Model
2.3.2.2. Data Triangulation
2.3.2.3. Research Objective

Chapter 3. Market Outlook
3.1. Introduction
3.2. Key Trends
3.2.1. Product Type Trends
3.2.2. End User Trends
3.3. Market Dynamics
3.3.1. Market Drivers
3.3.1.1. Impact Analysis of Market Drivers
3.3.2. Market Restraints
3.3.2.1. Impact Analysis of Market Restraints
3.3.3. Market Opportunities
3.3.3.1. Impact Analysis of Market Opportunities
3.3.4. Market Challenges
3.3.4.1. Impact Analysis of Market Challenges
3.4. Porter’s Five Forces’ Analysis
3.4.1. Bargaining Power of Suppliers
3.4.2. Bargaining Power of Buyers
3.4.3. Threat of New Entrant
3.4.4. Threat of Substitutes
3.4.5. Competitive Rivalry
3.5. Value Chain Analysis: Global Vial Access Devices Market
3.6. COVID-19 Impact Assessment in Vial Access Devices Market
3.6.1. Impact Assessment on Global Vial Access Devices Market
3.6.2. Market Trends and Opportunities in the Covid-19 Landscape

Chapter 4. Global Vial Access Devices Market Overview, By Product Type, 2017 - 2028 (USD Million)
4.1. Global Vial Access Devices Market Share, By Product Type, 2017 - 2028 (USD Million)
4.1.1. Vented
4.1.2. Non-Vented

Chapter 5. Global Vial Access Devices Market Overview, By End User, 2017 - 2028 (USD Million)
5.1. Global Vial Access Devices Market Share, By End User, 2017 - 2028 (USD Million)
5.1.1. Hospitals
5.1.2. Clinics
5.1.3. Ambulatory Surgical Centers
5.1.4. Others

Chapter 6. Global Vial Access Devices Market Overview, By Geography, 2017 - 2028 (USD Million)
6.1. Global Vial Access Devices Market Share, By Geography, 2017 - 2028 (USD Million)
6.1.1. Market End User and Projections, by Countries, 2017 - 2028 (USD Million)
6.1.2. Market Share and CAGR Comparison, by Countries, 2021 (%)

Chapter 7. North America Vial Access Devices Market Overview, By Countries, 2017 - 2028 (USD Million)
7.1. North America Vial Access Devices Market Overview, 2017 - 2028 (USD Million)
7.1.1. Market End User and projections, 2017 - 2028 (USD Million)
7.1.2. North America Vial Access Devices Market Overview, By Product Type, 2017 - 2028 (USD Million)
7.1.3. North America Vial Access Devices Market Overview, By End User, 2017 - 2028 (USD Million)
7.2. North America Vial Access Devices Market Overview, By Countries, 2017 - 2028 (USD Million)
7.2.1. U.S. Vial Access Devices Market Overview, 2017 - 2028 (USD Million)
7.2.1.1. U.S. Vial Access Devices Market Overview, By Product Type, 2017 - 2028 (USD Million)
7.2.1.2. U.S. Vial Access Devices Market Overview, By End User, 2017 - 2028 (USD Million)
7.2.2. Canada Vial Access Devices Market Overview, 2017 - 2028 (USD Million)
7.2.2.1. Canada Vial Access Devices Market Overview, By Product Type, 2017 - 2028 (USD Million)
7.2.2.2. Canada Vial Access Devices Market Overview, By End User, 2017 - 2028 (USD Million)
7.2.3. Mexico Vial Access Devices Market Overview, 2017 - 2028 (USD Million)
7.2.3.1. Mexico Vial Access Devices Market Overview, By Product Type, 2017 - 2028 (USD Million)
7.2.3.2. Mexico Vial Access Devices Market Overview, By End User, 2017 - 2028 (USD Million)

Chapter 8. Europe Vial Access Devices Market Overview, By Countries, 2017 - 2028 (USD Million)
8.1. Europe Vial Access Devices Market Overview, 2017 - 2028 (USD Million)
8.1.1. Market End User and projections, 2017 - 2028 (USD Million)
8.1.2. Europe Vial Access Devices Market Overview, By Product Type, 2017 - 2028 (USD Million)
8.1.3. Europe Vial Access Devices Market Overview, By End User, 2017 - 2028 (USD Million)
8.2. Europe Vial Access Devices Market Overview, By Countries, 2017 - 2028 (USD Million)
8.2.1. Germany Vial Access Devices Market Overview, 2017 - 2028 (USD Million)
8.2.1.1. Germany Vial Access Devices Market Overview, By Product Type, 2017 - 2028 (USD Million)
8.2.1.2. Germany Vial Access Devices Market Overview, By End User, 2017 - 2028 (USD Million)
8.2.2. France Vial Access Devices Market Overview, 2017 - 2028 (USD Million)
8.2.2.1. France Vial Access Devices Market Overview, By Product Type, 2017 - 2028 (USD Million)
8.2.2.2. France Vial Access Devices Market Overview, By End User, 2017 - 2028 (USD Million)
8.2.3. UK Vial Access Devices Market Overview, 2017 - 2028 (USD Million)
8.2.3.1. UK Vial Access Devices Market Overview, By Product Type, 2017 - 2028 (USD Million)
8.2.3.2. UK Vial Access Devices Market Overview, By End User, 2017 - 2028 (USD Million)
8.2.4. Italy Vial Access Devices Market Overview, 2017 - 2028 (USD Million)
8.2.4.1. Italy Vial Access Devices Market Overview, By Product Type, 2017 - 2028 (USD Million)
8.2.4.2. Italy Vial Access Devices Market Overview, By End User, 2017 - 2028 (USD Million)
8.2.5. Spain Vial Access Devices Market Overview, 2017 - 2028 (USD Million)
8.2.5.1. Spain Vial Access Devices Market Overview, By Product Type, 2017 - 2028 (USD Million)
8.2.5.2. Spain Vial Access Devices Market Overview, By End User, 2017 - 2028 (USD Million)
8.2.6. NORDIC Vial Access Devices Market Overview, 2017 - 2028 (USD Million)
8.2.6.1. NORDIC Vial Access Devices Market Overview, By Product Type, 2017 - 2028 (USD Million)
8.2.6.2. NORDIC Vial Access Devices Market Overview, By End User, 2017 - 2028 (USD Million)
8.2.7. Russia and CIS Vial Access Devices Market Overview, 2017 - 2028 (USD Million)
8.2.7.1. Russia and CIS Vial Access Devices Market Overview, By Product Type, 2017 - 2028 (USD Million)
8.2.7.2. Russia and CIS Vial Access Devices Market Overview, By End User, 2017 - 2028 (USD Million)
8.2.8. Rest of Europe Vial Access Devices Market Overview, 2017 - 2028 (USD Million)
8.2.8.1. Rest of Europe Vial Access Devices Market Overview, By Product Type, 2017 - 2028 (USD Million)
8.2.8.2. Rest of Europe Vial Access Devices Market Overview, By End User, 2017 - 2028 (USD Million)

Chapter 9. Asia Pacific Vial Access Devices Market Overview, By Countries, 2017 - 2028 (USD Million)
9.1. Asia Pacific Vial Access Devices Market Overview, 2017 - 2028 (USD Million)
9.1.1. Market End User and projections, 2017 - 2028 (USD Million)
9.1.2. Asia Pacific Vial Access Devices Market Overview, By Product Type, 2017 - 2028 (USD Million)
9.1.3. Asia Pacific Vial Access Devices Market Overview, By End User, 2017 - 2028 (USD Million)
9.2. Asia Pacific Vial Access Devices Market Overview, By Countries, 2017 - 2028 (USD Million)
9.2.1. India Vial Access Devices Market Overview, 2017 - 2028 (USD Million)
9.2.1.1. India Vial Access Devices Market Overview, By Product Type, 2017 - 2028 (USD Million)
9.2.1.2. India Vial Access Devices Market Overview, By End User, 2017 - 2028 (USD Million)
9.2.2. China Vial Access Devices Market Overview, 2017 - 2028 (USD Million)
9.2.2.1. China Vial Access Devices Market Overview, By Product Type, 2017 - 2028 (USD Million)
9.2.2.2. China Vial Access Devices Market Overview, By End User, 2017 - 2028 (USD Million)
9.2.3. Japan Vial Access Devices Market Overview, 2017 - 2028 (USD Million)
9.2.3.1. Japan Vial Access Devices Market Overview, By Product Type, 2017 - 2028 (USD Million)
9.2.3.2. Japan Vial Access Devices Market Overview, By End User, 2017 - 2028 (USD Million)
9.2.4. ASEAN Vial Access Devices Market Overview, 2017 - 2028 (USD Million)
9.2.4.1. ASEAN Vial Access Devices Market Overview, By Product Type, 2017 - 2028 (USD Million)
9.2.4.2. ASEAN Vial Access Devices Market Overview, By End User, 2017 - 2028 (USD Million)
9.2.5. South Korea Vial Access Devices Market Overview, 2017 - 2028 (USD Million)
9.2.5.1. South Korea Vial Access Devices Market Overview, By Product Type, 2017 - 2028 (USD Million)
9.2.5.2. South Korea Vial Access Devices Market Overview, By End User, 2017 - 2028 (USD Million)
9.2.6. Australia Vial Access Devices Market Overview, 2017 - 2028 (USD Million)
9.2.6.1. Australia Vial Access Devices Market Overview, By Product Type, 2017 - 2028 (USD Million)
9.2.6.2. Australia Vial Access Devices Market Overview, By End User, 2017 - 2028 (USD Million)
9.2.7. Rest of Asia Pacific Vial Access Devices Market Overview, 2017 - 2028 (USD Million)
9.2.7.1. Rest of Asia Pacific Vial Access Devices Market Overview, By Product Type, 2017 - 2028 (USD Million)
9.2.7.2. Rest of Asia Pacific Vial Access Devices Market Overview, By End User, 2017 - 2028 (USD Million)

Chapter 10. South America Vial Access Devices Market Overview, By Countries, 2017 - 2028 (USD Million)
10.1. South America Vial Access Devices Market Overview, 2017 - 2028 (USD Million)
10.1.1. Market End User and projections, 2017 - 2028 (USD Million)
10.1.2. South America Vial Access Devices Market Overview, By Product Type, 2017 - 2028 (USD Million)
10.1.3. South America Vial Access Devices Market Overview, By End User, 2017 - 2028 (USD Million)
10.2. South America Vial Access Devices Market Overview, By Countries, 2017 - 2028 (USD Million)
10.2.1. Brazil Vial Access Devices Market Overview, 2017 - 2028 (USD Million)
10.2.1.1. Brazil Vial Access Devices Market Overview, By Product Type, 2017 - 2028 (USD Million)
10.2.1.2. Brazil Vial Access Devices Market Overview, By End User, 2017 - 2028 (USD Million)
10.2.2. Argentina Vial Access Devices Market Overview, 2017 - 2028 (USD Million)
10.2.2.1. Argentina Vial Access Devices Market Overview, By Product Type, 2017 - 2028 (USD Million)
10.2.2.2. Argentina Vial Access Devices Market Overview, By End User, 2017 - 2028 (USD Million)
10.2.3. Rest of South America Vial Access Devices Market Overview, 2017 - 2028 (USD Million)
10.2.3.1. Rest of South America Vial Access Devices Market Overview, By Product Type, 2017 - 2028 (USD Million)
10.2.3.2. Rest of South America Vial Access Devices Market Overview, By End User, 2017 - 2028 (USD Million)

Chapter 11. Middle East & Africa Vial Access Devices Market Overview, By Countries, 2017 - 2028 (USD Million)
11.1. Middle East & Africa Vial Access Devices Market Overview, 2017 - 2028 (USD Million)
11.1.1. Market End User and projections, 2017 - 2028 (USD Million)
11.1.2. Middle East & Africa Vial Access Devices Market Overview, By Product Type, 2017 - 2028 (USD Million)
11.1.3. Middle East & Africa Vial Access Devices Market Overview, By End User, 2017 - 2028 (USD Million)
11.2. Middle East & Africa Vial Access Devices Market Overview, By Countries, 2017 - 2028 (USD Million)
11.2.1. GCC Vial Access Devices Market Overview, 2017 - 2028 (USD Million)
11.2.1.1. GCC Vial Access Devices Market Overview, By Product Type, 2017 - 2028 (USD Million)
11.2.1.2. GCC Vial Access Devices Market Overview, By End User, 2017 - 2028 (USD Million)
11.2.2. South Africa Vial Access Devices Market Overview, 2017 - 2028 (USD Million)
11.2.2.1. South Africa Vial Access Devices Market Overview, By Product Type, 2017 - 2028 (USD Million)
11.2.2.2. South Africa Vial Access Devices Market Overview, By End User, 2017 - 2028 (USD Million)
11.2.3. Rest of Middle East & Africa Vial Access Devices Market Overview, 2017 - 2028 (USD Million)
11.2.3.1. Rest of Middle East & Africa Vial Access Devices Market Overview, By Product Type, 2017 - 2028 (USD Million)
11.2.3.2. Rest of Middle East & Africa Vial Access Devices Market Overview, By End User, 2017 - 2028 (USD Million)

Chapter 12. Competitive Landscape
12.1. Competitive Environment, 2021
12.2. Strategic Framework
12.2.1. Partnership/Collaborations/Agreement
12.2.2. Expansion
12.2.3. Mergers & Acquisitions
12.2.4. New Product Development

Chapter 13. Key Vendor Analysis
13.1. Becton Dickinson
13.1.1. Business Overview
13.1.2. Product Benchmarking
13.1.3. Financial Data
13.1.4. Strategic Overview
13.1.5. Key Developments
13.1.6. SWOT Analysis
13.2. TELEMED
13.2.1. Business Overview
13.2.2. Product Benchmarking
13.2.3. Financial Data
13.2.4. Strategic Overview
13.2.5. Key Developments
13.2.6. SWOT Analysis
13.3. ICU Medical
13.3.1. Business Overview
13.3.2. Product Benchmarking
13.3.3. Financial Data
13.3.4. Strategic Overview
13.3.5. Key Developments
13.3.6. SWOT Analysis
13.4. Teva Medical
13.4.1. Business Overview
13.4.2. Product Benchmarking
13.4.3. Financial Data
13.4.4. Strategic Overview
13.4.5. Key Developments
13.4.6. SWOT Analysis
13.5. Corvida Medical
13.5.1. Business Overview
13.5.2. Product Benchmarking
13.5.3. Financial Data
13.5.4. Strategic Overview
13.5.5. Key Developments
13.5.6. SWOT Analysis
13.6. B. Braun
13.6.1. Business Overview
13.6.2. Product Benchmarking
13.6.3. Financial Data
13.6.4. Strategic Overview
13.6.5. Key Developments
13.6.6. SWOT Analysis
13.7. Needleless
13.7.1. Business Overview
13.7.2. Product Benchmarking
13.7.3. Financial Data
13.7.4. Strategic Overview
13.7.5. Key Developments
13.7.6. SWOT Analysis
13.8. Biotech
13.8.1. Business Overview
13.8.2. Product Benchmarking
13.8.3. Financial Data
13.8.4. Strategic Overview
13.8.5. Key Developments
13.8.6. SWOT Analysis

Chapter 14. Future Outlook of the Market
Disclaimer