The global closed system drug transfer device market size is expected to reach USD 1.91 billion by 2028 according to a new study by Polaris Market Research. The report “Closed System Drug Transfer Device Market Share, Size, Trends, Industry Analysis Report, By Type (Filtration, Barrier); By Component (Line Access, Syringe Safety, Vial Access, Others); By Closing Mechanism; By Technology; By End-Use; By Regions; Segment Forecast, 2021 – 2028” gives a detailed insight into current market dynamics and provides analysis on future market growth.
The demand for closed system drug transfer devices is expected to increase during the forecast period owing to the increasing use of these machines for the treatment of diseases such as cancer, stringent regulations regarding safe handling of drugs, and technological advancements for the delivery of effective healthcare services drives the market growth. Governments across the globe are investing significantly in the development of advanced healthcare infrastructure, boosting market growth of closed system drug transfer devices system.
On the basis of type, the market is segmented into filtration, and barrier machines. Filtration segment are equipped with technology to clean the air passing between the environment and the hazardous drug vial. The vial access devices segment dominated the global market in 2020. These machines enable safe drug transfer from vial to syringe.
The increasing occurrence of cancer, advanced healthcare services, and growing investments in the development of advanced healthcare equipment by governments and private organizations are some factors expected to fuel the demand during the forecast period.
On the basis of closing mechanism, the market is segmented into click-to-lock, Luer-lock, push-to-turn, color-to-color, and others. Click-to-Lock closed system drug transfer devices are used to prevent prolonged exposure to hazardous drug vapors. The increasing need for safe handling of hazardous drugs, ease of use, and protection from external contamination are some factors driving the growth of this segment.
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The market is segmented into compartmentalized devices, air filtration devices, diaphragm-based devices, and others, based on technology. The diaphragm-based segment dominated the global market in 2020. The demand for compartmentalized segment is expected to increase during the forecast period owing to ease of use and lower prices. Compartmentalized machines are capable of containing, transfer, and equalizing the pressure within the system without any additional attachment to the system.
The hospital segment dominated the global market in 2020. The increasing occurrence of cancer-related diseases coupled with government initiatives supports the growth of this segment. The growing geriatric population, and rising healthcare expenditure in developing countries, such as India, China, and Japan, boost the adoption of closed system drug transfer machines in hospitals.
North America dominated the global market in 2020 and is expected to maintain its dominance over the forecast period. However, Asia-Pacific is expected to experience significant growth during the forecast period owing to increasing health awareness, and rising spending on healthcare.
Some of the major market participants include Becton Dickinson and Company, JMS Co., Ltd., Codan Medizinische Geräte GmbH & Co Kg, Teva Pharmaceutical Industries Ltd., Victus, Inc., Baxter International Inc., Equashield LLC, B. Braun Melsungen, Caragen Ltd., Yukon Medical, ICU Medical Inc., and Corvida Medical.
The global solar panels market size is anticipated to reach USD 90.23 billion by 2026 growing at a CAGR of 12.4% from 2018 to 2026 according to a new report published by Polaris Market Research.
The increase in the adoption of renewable energy sources, significant investments in environmental protection, coupled with government initiatives aimed at increasing the adoption of solar panels majorly drives the market growth.
Increasing demand for sustainable energy solutions and government efforts in the form of incentives and schemes boost the market growth.
Growing concerns regarding environmental pollution caused by use of fossil fuels and their limited availability further support the market growth.
New emerging markets, and declining costs of photovoltaic materials would provide growth opportunities in the market in the coming years.
The growing urbanization, and depleting traditional energy sources has accelerated the market growth in the region.
In addition, global Concrete Admixture market report makes out and analyses the emerging trends along with major driving factors, challenges and opportunities in the market for Data Bridge Market Research industry.Concrete Admixture market is anticipated to observe growth during the forecast period due to growing demand at the end user level.
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Dietary factors are identified as having a significant impact on cancer risk, with different dietary elements increasing as well as reducing risk.
Diet and obesity can be associated with up to 30% to 35% of deaths from cancer, whereas physical inactivity appears to be associated with 7% cancer risk.About 85% of all cases of cancer are caused by diet and lifestyle.
Clinical outcomes are significantly improved by using Oncology Nutrition as an integrated and holistic approach to cancer.Overall market growth is driven largely by shifting focus from parenteral to enteral nutrition, increasing cancer incidence, increasing demand for nutritional requirements in the home care sector, increasing number of patients being treated for malnutrition, and increasing the quality of nutritional interventions in clinical research.Top Companies Profiled in the Report Include: Hormel Foods (US), Fresenius Kabi AG (Germany), Meiji Holdings (Japan), Nestle S.A. (Switzerland), Mead Johnson Nutrition Company (US), Abbott Laboratories (US), Danone (France), B. Braun Melsungen AG (Germany), Victus (US), Global Health Products (US) and others.Get a sample of the report @ URL https://www.reportsanddata.com/sample-enquiry-form/1374Market Overview: The pharma and healthcare industry has undergone a revolutionary change owing to the COVID-19 pandemic with individuals increasing their focus on health and wellness.
In addition, availability of favorable health insurance and reimbursement policies have also positively impacted the healthcare sector with more and more individuals opting to get treatment at hospital and clinical facilities.
Rapid development of novel drugs and pharmaceuticals, increasing incidence of lifestyle and chronic diseases, establishment of state-of-the-art healthcare facilities, and rising availability of over-the-counter medications have significantly contributed to the revenue growth of the market.Request a discount on the report @ URL https://www.reportsanddata.com/discount-enquiry-form/1374The report has gather vital information about recent mergers and acquisitions, joint ventures, collaborations, partnerships, brand promotions, R activities, and government and corporate deals, among others through extensive primary and secondary research.
The report offers a comprehensive overview of the regional bifurcation of the market with respect to market share, market size, revenue growth, import/export, production and consumption patterns, macro and micro economic growth factors, regulatory framework, investment and funding opportunities, and presence of key players in each region including North America, Asia Pacific, Latin America, Europe, and Middle East & Africa.
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“Global “Satellite Manufacturing and Launch Market” gives in-depth analysis of the parent market with important changes in market dynamics, analyse segmentation details of the market as former, on-going, and projected market in terms of volume and value.
The growing utilization of commercial satellite platforms for dual purposes, which include military and civil, is also providing growth opportunities to the market in focus.
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Satellite Manufacturing and Launch market report highlights the economy, past and emerging trend of industry, and availability of basic resources.
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The global Soy Lecithin Market is expected to reach USD 1.33 Billion by 2027, according to a new report by Reports and Data.
The growth of the market is attributed to growing end-use applications of soy lecithin.
Soy lecithin is used as an emulsifier in the food & beverage industry to prevent margarine and cooking sprays from splattering when they are used for frying purposes.
Chocolate bars, which possess cocoa butter, sugar milk, and fine solid cocoa deploy soy lecithin, assists in stabilizing emulsions, as well as blending fats.The competitive landscape and company profiles offered in the report examine the key players in the Soy Lecithin market.
The competitive analysis scrutinizes strategic initiatives adopted by key players and evaluates recent developments and market standing of the companies.
The company profiles include data of established players and new entrants and are examined by using analytical tools like SWOT Analysis.Get sample copy of the report @ https://www.reportsanddata.com/sample-enquiry-form/2783Key Players:Key participants include Cargill Inc., Archer Daniels Midland Company, Du Pont, American Lecithin Company, Ruchi Soya Industries Inc., LASENOR EMUL, Lipoid GmbH, Bunge Limited, Ceresking Ecology & Technology Co. Ltd., and Lecico GmbH, among others.Further key findings from the report suggest:By grade, feed grade soy lecithin held a substantial market share in 2018, as it is considered suitable for consumption by animals and providing them sufficient nutrition for the health.Soy lecithin is used to support the blending of ingredients, which makes it a great wetting agent.
