South Korea Closed System Transfer Devices Market to 2032
Overview
The South Korea Closed System Transfer Devices Market is expected to reach a 99.68 USD Billion by 2032 and is projected to grow at a CAGR of 29.40% from 2025 to 2032.
Revenue, 2024 (USD Billion)
26.56
Forecast, 2032 (USD Billion)
99.68
CAGR, 2024 - 2032
29.40%
Report Coverage
South Korea
South Korea Closed System Transfer Devices Market 2018-2032 USD Billion
South Korea Closed System Transfer Devices Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 26.56 USD Billion
- Projected Market Size (2032): 99.68 USD Billion
- CAGR (2025-2032): 29.40%
Key Findings of South Korea Closed System Transfer Devices Market
- The South Korea Closed System Transfer Devices Market was valued at 26.56 USD Billion in 2024.
- The South Korea Closed System Transfer Devices Market is likely to grow at a CAGR of 29.40% 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 20.59 USD Billion
- The fastest growing segment Click-To-Lock Systems in Closing Mechanism Segment grew Fastest with a CAGR of 30.71% during the forecast period from 2024 to 2032.
South Korea Closed System Transfer Devices Market Scope
South Korea Closed System Transfer Devices Market Segmentation & Scope
Component
- Accessories
- Devices
Type
- Needlefree Closed System Transfer Device
- Membrane-To-Membrane Systems
Distribution Channel
- Direct Tender
- Retail Sales
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
South Korea Closed System Transfer Devices Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2020 |
| Unit | Revenue in USD Billion |
| Market Value in 2024 | 26.56 USD Billion |
| Market Value in 2032 | 99.68 USD Billion |
| CAGR (2025-2032) | 29.40% |
| Historic Data | 2016-2023 |
| Market Segments Covered | Component,Type,Distribution Channel,End User,Technology,Closing Mechanism |
Regional Insights:
-
Leading Market (2024-2032): South Korea, leading in terms of revenue 26.56 USD Billion in 2024
- Key Country: South Korea, leading in terms of revenue with value of 26.56 USD Billion in 2024.
Segments and Scope
-
South Korea Closed System Transfer Devices Market to 2032, By Component
- Devices is the largest segment in South Korea Closed System Transfer Devices Market to 2032 with a revenue of 20.59 USD Billion in the year 2024.
- Devices is the Fastest growing segment in South Korea Closed System Transfer Devices Market to 2032 with a Growth rate of 29.93 % in forecast period 2025-2032.
-
South Korea Closed System Transfer Devices Market to 2032, By Type
- Membrane-To-Membrane Systems is the largest segment in South Korea Closed System Transfer Devices Market to 2032 with a revenue of 17.81 USD Billion in the year 2024.
- Needlefree Closed System Transfer Device is the Fastest growing segment in South Korea Closed System Transfer Devices Market to 2032 with a Growth rate of 29.00 % in forecast period 2025-2032.
-
South Korea Closed System Transfer Devices Market to 2032, By Distribution Channel
- Retail Sales is the largest segment in South Korea Closed System Transfer Devices Market to 2032 with a revenue of 19.05 USD Billion in the year 2024.
- Retail Sales is the Fastest growing segment in South Korea Closed System Transfer Devices Market to 2032 with a Growth rate of 30.12 % in forecast period 2025-2032.
-
South Korea Closed System Transfer Devices Market to 2032, By End User
- Hospitals is the largest segment in South Korea Closed System Transfer Devices Market to 2032 with a revenue of 10.88 USD Billion in the year 2024.
- Hospitals is the Fastest growing segment in South Korea Closed System Transfer Devices Market to 2032 with a Growth rate of 30.70 % in forecast period 2025-2032.
-
South Korea Closed System Transfer Devices Market to 2032, By Technology
- Diaphragm-Based Devices is the largest segment in South Korea Closed System Transfer Devices Market to 2032 with a revenue of 11.01 USD Billion in the year 2024.
- Diaphragm-Based Devices is the Fastest growing segment in South Korea Closed System Transfer Devices Market to 2032 with a Growth rate of 30.33 % in forecast period 2025-2032.
-
South Korea Closed System Transfer Devices Market to 2032, By Closing Mechanism
- Click-To-Lock Systems is the largest segment in South Korea Closed System Transfer Devices Market to 2032 with a revenue of 11.16 USD Billion in the year 2024.
- Click-To-Lock Systems is the Fastest growing segment in South Korea Closed System Transfer Devices Market to 2032 with a Growth rate of 30.71 % in forecast period 2025-2032.
South Korea Closed System Transfer Devices Market Company Share Analysis
| Company Name |
|
||
| ICU Medical, Inc. | |||
| Baxter | |||
| EQUASHIELD | |||
| B. Braun Medical Inc. | |||
| BD | |||
South Korea Closed System Transfer Devices Market Geographical Sales Distribution, 2018-2032 USD Billion
South Korea Closed System Transfer Devices Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The South Korea Closed System Transfer Devices Market is segmented based on Segmentation Component,Type,Distribution Channel,End User,Technology,Closing Mechanism.
South Korea Closed System Transfer Devices Market was valued at USD 26.56(Revenue in USD Billion) in 2020.
South Korea Closed System Transfer Devices Market is projected to grow at a CAGR of 29.40% during the forecast period of 2024 to 2032.
The Devices segment is expected to dominate the South Korea Closed System Transfer Devices Market, holding a largest market share of 20.59 USD Billion in 2024
South Korea Closed System Transfer Devices Market Scope
South Korea Closed System Transfer Devices Market Segmentation & Scope
Component
- Accessories
- Devices
Type
- Needlefree Closed System Transfer Device
- Membrane-To-Membrane Systems
Distribution Channel
- Direct Tender
- Retail Sales
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
Frequently Asked Questions
The South Korea Closed System Transfer Devices Market is segmented based on Segmentation Component,Type,Distribution Channel,End User,Technology,Closing Mechanism.
South Korea Closed System Transfer Devices Market was valued at USD 26.56(Revenue in USD Billion) in 2020.
South Korea Closed System Transfer Devices Market is projected to grow at a CAGR of 29.40% during the forecast period of 2024 to 2032.
The estimated market value of the South Korea Closed System Transfer Devices Market for final year is USD 99.68 (USD Billion).
South Korea Closed System Transfer Devices Market Company Profiling
Frequently Asked Questions
The South Korea Closed System Transfer Devices Market is segmented based on Segmentation Component,Type,Distribution Channel,End User,Technology,Closing Mechanism.
South Korea Closed System Transfer Devices Market was valued at USD 26.56(Revenue in USD Billion) in 2020.
South Korea Closed System Transfer Devices Market is projected to grow at a CAGR of 29.40% during the forecast period of 2024 to 2032.
The estimated market value of the South Korea Closed System Transfer Devices Market for final year is USD 99.68 (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.