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Vial Adaptors for Reconstitution Drug Market by Material Type (Polycarbonate, Polyethylene, Silicon, Other Material) - Growth, Share, Opportunities & Competitive Analysis, 2015 - 2025

Vial adaptors are used for the safe transfer and reconstitution of drugs between vials and syringes. Factors such as an increase in demand for accurate dosing to reduce the need for drug overfill and an increase in demand for reconstitution drugs due to their safety and stability are driving the growth of the vial adaptors for the reconstitution drug market globally.

The report titled "Vial Adaptors for Reconstitution Drug Market: Growth, Future Prospects, and Competitive Analysis, 2017–2025" offers strategic insights into the overall vial adaptors for reconstitution drug market, along with the market size and estimates for the duration of 2015–2025. The research study covers an in-depth analysis of market segments based on material types such as polycarbonate, polyethylene, silicon, and others and different geographical regions.

Geographically, the global vial adaptors for the reconstitution drug market are studied for the following regional markets:

  • North America
  • U.S.
  • Canada
  • Europe
  • U.K.
  • Germany
  • Rest of Europe
  • Asia-Pacific
  • China
  • Japan
  • Rest of Asia Pacific
  • Latin America
  • Middle East and Africa

The market size and forecast for these regional and country-level markets are presented in this study for the period 2015–2025. Market growth rates for the forecast period 2017–2025 are also included in this report, considering 2016 as the base year.

Along with quantitative information, qualitative information sets and assessment tools are provided in this study for a better analysis of the overall market scenario and future prospects. Information such as market inclination insights and drivers, challenges, and opportunities assists the readers in understanding the ongoing trends in the global vial adaptors for the reconstitution drug market. Tools such as key player market positioning and an appealing investment proposition provide readers with insights into the competitive landscape of the global vial adaptor market for reconstitution drugs.

This report concludes with a company profiles section that highlights major information about the key players engaged in the global vial adaptors for the reconstitution drug market. In-depth competitive environment analysis and historical year (2015) market size data are also provided in the report. Thus, the research study provides a holistic view of the global vial adaptors for the reconstitution drug market, offering market size and estimates for the period from 2015 to 2025, keeping in mind the above-mentioned factors.

Based on material type, the global market for vial adaptors for reconstitution drugs is segmented as follows:

  • Polycarbonate
  • Polyethylene
  • Silicon
  • Other

Vial adaptors are designed for use with vials to allow safe and rapid transfer and reconstitution of drugs between vials and syringes; vial adapters typically consist of a sharp, thin, piercing spike that allows the adapter to penetrate the stopper of the vial. Factors such as an increase in demand for stable lyophilized drugs and an increase in demand for accurate dosing that reduces the need for drug overfill are driving the growth of the vial adapter market globally.

Vial adapters are made up of different materials such as polycarbonate, silicon, and polyethylene; currently, polyethylene vial adapters are the largest revenue-contributing segment due to factors such as moisture resistance and chemical inertness that are influencing the growth of polyethylene vial adapters. Certain advantages associated with the use of a vial adapter, such as reduced exposure to needle stick injuries, fewer steps, safe and effective drug delivery, greater compliance with a dosing regimen, and reduced overfill requirements, would fuel the growth of the vial adaptor market globally.

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

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

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 the forecast period. In North America, the United States continues to remain the single largest regional market due to factors such as increased sales due to the higher price of vial adapters, technological advances, increased safety awareness, and the mandatory use of safety devices that are driving the growth of the vial adaptor market for reconstitution drugs in this region.

Comparatively lower costs of medical devices and lower healthcare awareness in some African countries are negatively impacting the growth of the vial adapter market in the Middle East and Africa. It is estimated that Asia Pacific would grow at the fastest CAGR during the forecast period due to factors such as continuous development in economic conditions, increasing healthcare awareness, and developing healthcare infrastructure, which would fuel market growth in Asia Pacific during the forecast period.

Frequently Asked Questions:

The market for Vial Adaptors for Reconstitution Drug Market is expected to reach US$ 1,509.8 Mn By 2025.

The Vial Adaptors for Reconstitution Drug Market is expected to see significant CAGR growth over the coming years, at 7.4%.

The report is forecasted from 2015-2025.

The base year of this report is 2014.

West Pharmaceutical Services, Inc., Sensile Medical6.9 Unilife Corporation, Nipro Pharma Packaging India Pvt. Ltd., Helapet Ltd. are some of the major players in the global market.

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Trusted By
Godaddy
Published Date:  Jun 2017
Category:  Medical Devices
Report ID:   58511
Report Format:   PDF
Pages:   120
Rating:    4.5 (60)
Delivery Time: 24 Hours to 48 Hours   
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