Enhancing Drug Reconstitution: The Growing Market for Vial Adaptors
According to FutureWise analysis the market for vial adaptors for reconstitution drug in 2023 was US$ 1.09 billion, and is expected to reach US$ 1.92 billion by 2031 at a CAGR of 7.3%.
A vial adapter is a sterile, single-use medical device designed for the safe and efficient transfer and combination of medications stored in vials. It features a plastic spike positioned at the center of the adaptor, which is used to puncture the elastomeric closure of the vial. Utilizing a vial adapter is the most cost-effective method for quickly and safely transferring and reconstituting medications between vials and syringes. This technology significantly reduces variability associated with traditional needle aspirations by providing a consistent depth for drawing up medication and diluent. As a result, it ensures the most effective and economical use of vial overfill quantities for pharmaceutical products.
Since these vial adaptors are now the safest options for quick medication transfer between vials, there has been a steady growth in demand for them on the global market for reconstitution pharmaceuticals. Because of their remarkable cost-effectiveness and lower risk of needlestick injuries, these vial adaptors are generally predicted to witness a fast surge in demand. There is a demand for vial adaptors for reconstitution drugs because of the prevalence of infectious diseases, the aging population, and elevated safety concerns.
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Vial Adaptors for Reconstitution Drug Market Segmentation:
By Product Type
- 13mm Vial Adaptor
- 20mm Vial Adaptor
By Material
- Polycarbonate
- Silicon
- Polyethylene Teraphthalate Glycol
- Polyethylene
- Others
By Therapeutic Area
- Autoimmune Diseases
- Infectious Diseases
- Metabolic Conditions
- Reproductive Health
- Others
By Delivery Mode
- Injection
- Infusion
By Region
- North America
- Europe
- Asia-Pacific
- Latin America
- Middle East and Africa
Competitive Landscape in Vial Adaptors for Reconstitution Drug Market:
- Baxter International Inc.
- Becton, Dickinson and Company
- Cardinal Health, Inc.
- Sensile Medical AG
- Unilife Corporation
- West Pharmaceutical Services, Inc.
- Miltenyi Biotec
- Randox Laboratories Ltd.
- Sartorious AG
- Thermo Fisher Scientific
- Agilent Technologies
- B. Braun Medical Inc.
- MedXL Inc.
- Helapet
- Nipro Pharma Packaging India
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**Objectives of this Study: **
- To provide a comprehensive analysis of the Vial Adaptors for Reconstitution Drug Market By Product Type, By Material, By Therapeutic Area, By Delivery Mode and By Region.
- To offer detailed insights into factors such as drivers, restraints, trends, and opportunities, as well as segmental and regional influences on market growth.
- To evaluate current market trends and forecast micro-markets, presenting overall market projections in the form of data sets and PowerPoint presentations.
- To predict the market size in key regions, including North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.
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