Global Closed Drug Transfer Systems Market Outlook
Revenue, 2024
Forecast, 2034
CAGR, 2025 - 2034
The Closed Drug Transfer Systems (CDTS) industry revenue is expected to be around $1.8 billion in 2025 and expected to showcase growth with 9.1% CAGR between 2025 and 2034. The strong expansion of the Closed Drug Transfer Systems market is mainly fueled by the rising demand for safety precautions in healthcare settings with a focus on oncology therapies. The growing occurrence of exposure to drugs and the risks it carries have made it essential to implement these systems which highlights their continued importance. Moreover advancements, in technology and strict regulatory standards are also factors influencing the market trends of Closed Drug Transfer Systems.
In healthcare settings like hospitals and clinics well as pharmaceutical industries have introduced Closed Drug Transfer Systems to ensure safety for medical workers, against hazardous drugs when they are being handled during preparation and disposal procedures.
Market Key Insights
The Closed Drug Transfer Systems market is projected to grow from $1.7 billion in 2024 to $4.0 billion in 2034. This represents a CAGR of 9.1%, reflecting rising demand across Oncology Treatment, Pharmaceutical Manufacturing, and Veterinary Medicine.
Becton Dickinson and Company, Equashield LLC, ICU Medical Inc. are among the leading players in this market, shaping its competitive landscape.
U.S. and Germany are the top markets within the Closed Drug Transfer Systems market and are expected to observe the growth CAGR of 6.6% to 9.6% between 2024 and 2030.
Emerging markets including Brazil, South Africa and Indonesia are expected to observe highest growth with CAGR ranging between 8.7% to 11.4%.
Transition like Technological Advancements is expected to add $109 million to the Closed Drug Transfer Systems market growth by 2030.
The Closed Drug Transfer Systems market is set to add $2.3 billion between 2024 and 2034, with manufacturer targeting Ambulatory Surgical Centers & Specialty Clinics Application projected to gain a larger market share.
With
increasing prevalence of occupational hazards, and
Technological Advancements in Drug Delivery Systems, Closed Drug Transfer Systems market to expand 139% between 2024 and 2034.
Opportunities in the Closed Drug Transfer Systems
Growth Opportunities in North America and Asia Pacific
Market Dynamics and Supply Chain
Driver: Increasing Prevalence of Occupational Hazards, and Strict Regulatory Guidelines for Drug Handling
Restraint: High Costs of Installation
Opportunity: Expansion in Emerging Markets and Technological Advancements
Challenge: Lack of Awareness and Training
Supply Chain Landscape
Raw Material Procurement
Component Manufacturing
Assembly & Testing
Distribution & End-User
Raw Material Procurement
Component Manufacturing
Assembly & Testing
Distribution & End-User
Use Cases of Closed Drug Transfer Systems in Oncology Treatment & Veterinary Medicine
Recent Developments
Closed Drug Transfer Systems have emerged as a critical component in the healthcare sector, particularly in oncology departments and other areas where hazardous drugs are frequently handled. The recent market developments have been largely driven by the increasing need for safety and efficiency in drug administration procedures.