Global Closed System Transfer Device (CSTD) Market to Reach US$2112.9 mn by 2025

Publisher: QYResearch
Published Date: 2019/8/1

The global closed system transfer device is designed to save various drugs in the manufacturing process from any contamination that can be caused by environmental pollutants. It also helps in avoiding any kind of contamination in the handling process. The rapid growth of the healthcare industry, technological advancements, and awareness about hygiene and safety are some of the crucial factors positively impacting the global closed system transfer device market.

The closed drug delivery system is majorly used in the handling cytotoxic drugs, which are used for cancer treatments. The rising number of cancer patients has increased thus led to a soaring demand closed system transfer devices.

The global closed system transfer device market was valued at US$572.8 mn in 2018 and it is expected to reach US$2112.9 mn by the end of 2025, rising at a CAGR of 20.5% between 2019 and 2025. The research report discusses the future of the CSTD market and the dynamics impacting it.

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https://www.qyresearch.com/index/detail/1170196/global-closed-system-transfer-device-cstd-market
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