Vial Adapters Market Capacity, Supply, Demand, Sales and distributor Analysis up to 2022
Global Vial Adapters Market is expected to gain a significant CAGR in the forthcoming period.
Vial adapters are used for safe transmission of drugs between vials and
syringes. These are cost-effective solution for the safe and instant transfer
and reconstitution of drugs between vials and syringes. Reconstitution of a
lyophilized product before injecting is of much inconvenience by deploying dual
chamber cartridge/syringe systems or adapters than enabling needle-less vial
reconstitution.
Vial adapters enable an interface between the product and diluent
enabling the reconstitution of the product or other connection. A syringe
connects some adapters with a product to a diluent. Driving factors responsible for the growth of
Vial Adapters Market includes steady demand and features such as
cost-effectiveness. Minimized risk of needle stick injuries contributes to the
growth of vial adapters for reconstitution drug sales market as a major factor.
Further, rise in prevalence of infectious disease, rise in geriatric population
and growth in safety concerns triggers the demand for Vial Adapters Market.
Based on segmentation by therapy, for vial adapters for
reconstitution for drug sales market includes infectious diseases, autoimmune
diseases, reproductive health and metabolic conditions. Infectious disease
segment is expected to dominate the market growth in the predicted period.
Geographically, Vial Adapters Market spans North America, Latin America, Europe, Asia-Pacific,
Middle-East and Africa. APAC market is expected to gain a lucrative position in
the global market owing to rise in technology and high prevalence of diabetes
and rising adoption of technology. North America market is expected to grow at
a significant CAGR in the near future owing to prevalence of autoimmune diseases,
growth in technological developments and demand for needle-free products is
likely to contribute to the market growth of North American market. Europe
market is expected to follow the market trend.
The key players in the Vial Adapters Market include Baxter
International Inc, Becton, Cardinal Health Inc, Dickinson and Company, Sensile
Medical AG, West Pharmaceutical Services Inc and Unilife Corporation.
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