NIOSH published a public comment draft protocol entitled, “A Vapor Containment Performance Protocol for Closed System Transfer Devices Used During Pharmacy Compounding and Administration of Hazardous Drugs.” The draft protocol tested the containment performance of the physical-barrier type of closed system transfer devices (CSTDs), but it was not designed to test air-cleaning type CSTDs.

The article cited AMA's "Global Closed System Transfer Device Market Study" explored substantial growth in North America and of 20.2%. According to the report, Escalating Number of Drug Approvals for Cancer is one of the primary growth factors for the market. Growing Prevalence of Cancer is also expected to contribute significantly to the Closed System Transfer Device market. Overall, applications of Closed System Transfer Device, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The Closing Mechanism, such as Push-To-Turn Systems, is boosting the Closed System Transfer Device market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.The Technology, such as Diaphragm-Based Devices, is boosting the Closed System Transfer Device market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.The Component, such as Vial Access Devices, is boosting the Closed System Transfer Device market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.The End User, such as Hospitals, is boosting the Closed System Transfer Device market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.

AMA’s Analyst on the Global Closed System Transfer Device market identified that the demand is rising in many different parts of the world as "Increasing Healthcare Spending in Emerging Countries ". Furthermore, some recent industry insights like "On 8th January 2019, B. Braun Medical Inc. has announced that OnGuard Closed System Transfer Device (CSTD) demonstrated effective barrier performance under the National Institute for Occupational Safety and Health (NIOSH) Draft Protocol for CSTD used during pharmacy compounding and the administration of hazardous drugs." is constantly making the industry dynamic.

The report provides an in-depth analysis and forecast about the industry covering the following key features:
o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies
o Analyses the Global Closed System Transfer Device market according to Type, Application, and regions
o Analyzes the top 10 players in terms of market reach, business strategy, and business focus
o Provides stakeholders’ insights and key drivers & trends of the market

**The market is valued based on weighted average selling price (WASP) and includes any applicable taxes on manufacturers. All currency conversions used in the creation of this report have been calculated using constant annual average 2018 currency rates.

Market Size Estimation
In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Closed System Transfer Device market and other related sub-markets covered in the study.

o Key & emerging players in the market have been observed through secondary research.
o The industry’s supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes.
o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.

Have a look at detailed Table of Content for Closed System Transfer Device Market Study

Data Triangulation
The overall Closed System Transfer Device market size is calculated using market estimation process, the Closed System Transfer Device market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Closed System Transfer Device market size has been validated using both top-down and bottom-up approaches.