Multi Dose Drug Vial Adapters Market is Driven by Growing Demand in IV Medications

Multi dose drug vial adapters are medical devices that provide a way to withdraw multiple doses of medication from a single use vial while preventing external contamination. They are commonly used with IV-administered medications and have sterile female luer-lock connectors that attach securely to vial stoppers, allowing for multiple punctures without compromising sterility. Advantages of multi-dose vial adapters include improving efficiency of drug administration through multi-use of vials, reduction of medical waste from opened but unused vials, and lowering healthcare costs by decreasing vial usage. The growing demand for IV-administered medications across hospital and outpatient settings has significantly increased usage of multi-dose vial adapters in recent years.

The Global Multi Dose Drug Vial Adapters Market is estimated to be valued at US$ 1,765.7 Mn in 2024 and is expected to exhibit a CAGR of 6.9% over the forecast period from 2024 to 2031.