India Closed System Transfer Devices Market to 2032
Overview
The India Closed System Transfer Devices Market is expected to reach a 46.26 USD Billion by 2032 and is projected to grow at a CAGR of 28.47% from 2025 to 2032.
Revenue, 2024 (USD Billion)
12.79
Forecast, 2032 (USD Billion)
46.26
CAGR, 2024 - 2032
28.47%
Report Coverage
India
India Closed System Transfer Devices Market 2018-2032 USD Billion
India Closed System Transfer Devices Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 12.79 USD Billion
- Projected Market Size (2032): 46.26 USD Billion
- CAGR (2025-2032): 28.47%
Key Findings of India Closed System Transfer Devices Market
- The India Closed System Transfer Devices Market was valued at 12.79 USD Billion in 2024.
- The India Closed System Transfer Devices Market is likely to grow at a CAGR of 28.47% during the forecast period of 2024 to 2032.
- In 2024, the Largest segment Devices in Component Segment accounted for the largest share of the market with a revenue of 10.19 USD Billion
- The fastest growing segment Needlefree Closed System Transfer Device in Type Segment grew Fastest with a CAGR of 29.88% during the forecast period from 2024 to 2032.
India Closed System Transfer Devices Market Scope
India Closed System Transfer Devices Market Segmentation & Scope
End User
- Academic & Research Institutes
- Others
- Ambulatory Surgical Centers
- Oncology Centers & Clinics
- Hospitals
Technology
- Air Cleaning/Filteration Devices
- Compartmentalized Devices
- Diaphragm-Based Devices
Closing Mechanism
- Color-To-Color Alignment Systems
- Push-To-Turn Systems
- Luer-Lock Systems
- Click-To-Lock Systems
Component
- Accessories
- Devices
Distribution Channel
- Direct Tender
- Retail Sales
Type
- Needlefree Closed System Transfer Device
- Membrane-To-Membrane Systems
India Closed System Transfer Devices Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2020 |
| Unit | Revenue in USD Billion |
| Market Value in 2024 | 12.79 USD Billion |
| Market Value in 2032 | 46.26 USD Billion |
| CAGR (2025-2032) | 28.47% |
| Historic Data | 2016-2023 |
| Market Segments Covered | End User,Technology,Closing Mechanism,Component,Distribution Channel,Type |
Regional Insights:
-
Leading Market (2024-2032): India, leading in terms of revenue 12.79 USD Billion in 2024
- Key Country: India, leading in terms of revenue with value of 12.79 USD Billion in 2024.
Segments and Scope
-
India Closed System Transfer Devices Market to 2032, By End User
- Hospitals is the largest segment in India Closed System Transfer Devices Market to 2032 with a revenue of 5.91 USD Billion in the year 2024.
- Hospitals is the Fastest growing segment in India Closed System Transfer Devices Market to 2032 with a Growth rate of 29.14 % in forecast period 2025-2032.
-
India Closed System Transfer Devices Market to 2032, By Technology
- Diaphragm-Based Devices is the largest segment in India Closed System Transfer Devices Market to 2032 with a revenue of 5.90 USD Billion in the year 2024.
- Diaphragm-Based Devices is the Fastest growing segment in India Closed System Transfer Devices Market to 2032 with a Growth rate of 29.28 % in forecast period 2025-2032.
-
India Closed System Transfer Devices Market to 2032, By Closing Mechanism
- Click-To-Lock Systems is the largest segment in India Closed System Transfer Devices Market to 2032 with a revenue of 5.10 USD Billion in the year 2024.
- Click-To-Lock Systems is the Fastest growing segment in India Closed System Transfer Devices Market to 2032 with a Growth rate of 29.70 % in forecast period 2025-2032.
-
India Closed System Transfer Devices Market to 2032, By Component
- Devices is the largest segment in India Closed System Transfer Devices Market to 2032 with a revenue of 10.19 USD Billion in the year 2024.
- Devices is the Fastest growing segment in India Closed System Transfer Devices Market to 2032 with a Growth rate of 29.08 % in forecast period 2025-2032.
-
India Closed System Transfer Devices Market to 2032, By Distribution Channel
- Retail Sales is the largest segment in India Closed System Transfer Devices Market to 2032 with a revenue of 9.30 USD Billion in the year 2024.
- Retail Sales is the Fastest growing segment in India Closed System Transfer Devices Market to 2032 with a Growth rate of 29.15 % in forecast period 2025-2032.
-
India Closed System Transfer Devices Market to 2032, By Type
- Membrane-To-Membrane Systems is the largest segment in India Closed System Transfer Devices Market to 2032 with a revenue of 8.42 USD Billion in the year 2024.
- Needlefree Closed System Transfer Device is the Fastest growing segment in India Closed System Transfer Devices Market to 2032 with a Growth rate of 27.73 % in forecast period 2025-2032.
India Closed System Transfer Devices Market Company Share Analysis
| Company Name |
|
||
| ICU Medical, Inc. | |||
| Baxter | |||
| EQUASHIELD | |||
| B. Braun Medical Inc. | |||
| BD | |||
India Closed System Transfer Devices Market Geographical Sales Distribution, 2018-2032 USD Billion
India Closed System Transfer Devices Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The India Closed System Transfer Devices Market is segmented based on Segmentation End User,Technology,Closing Mechanism,Component,Distribution Channel,Type.
India Closed System Transfer Devices Market was valued at USD 12.79(Revenue in USD Billion) in 2020.
India Closed System Transfer Devices Market is projected to grow at a CAGR of 28.47% during the forecast period of 2024 to 2032.
The Devices segment is expected to dominate the India Closed System Transfer Devices Market, holding a largest market share of 10.19 USD Billion in 2024
India Closed System Transfer Devices Market Scope
India Closed System Transfer Devices Market Segmentation & Scope
End User
- Academic & Research Institutes
- Others
- Ambulatory Surgical Centers
- Oncology Centers & Clinics
- Hospitals
Technology
- Air Cleaning/Filteration Devices
- Compartmentalized Devices
- Diaphragm-Based Devices
Closing Mechanism
- Color-To-Color Alignment Systems
- Push-To-Turn Systems
- Luer-Lock Systems
- Click-To-Lock Systems
Component
- Accessories
- Devices
Distribution Channel
- Direct Tender
- Retail Sales
Type
- Needlefree Closed System Transfer Device
- Membrane-To-Membrane Systems
Frequently Asked Questions
The India Closed System Transfer Devices Market is segmented based on Segmentation End User,Technology,Closing Mechanism,Component,Distribution Channel,Type.
India Closed System Transfer Devices Market was valued at USD 12.79(Revenue in USD Billion) in 2020.
India Closed System Transfer Devices Market is projected to grow at a CAGR of 28.47% during the forecast period of 2024 to 2032.
The estimated market value of the India Closed System Transfer Devices Market for final year is USD 46.26 (USD Billion).
India Closed System Transfer Devices Market Company Profiling
Frequently Asked Questions
The India Closed System Transfer Devices Market is segmented based on Segmentation End User,Technology,Closing Mechanism,Component,Distribution Channel,Type.
India Closed System Transfer Devices Market was valued at USD 12.79(Revenue in USD Billion) in 2020.
India Closed System Transfer Devices Market is projected to grow at a CAGR of 28.47% during the forecast period of 2024 to 2032.
The estimated market value of the India Closed System Transfer Devices Market for final year is USD 46.26 (USD Billion).
HAVE A QUESTION?
Get expert advice on the right strategy for your business at no cost. We also offer customized subscription plans and affordable discounts for startups and universities.