Market Reports

Get 20% Off Market Intelligence Reports With Code ONLINE20 – Track Global Tariffs, Economic Shifts, and Sector Transformations How Does the Projected Market Size of the Closed System Transfer Devices Market Compare to 2025 Levels? The closed system transfer devices market size has grown rapidly in recent years. It will grow from $1.04 billion in 2024 to $1.18 billion in 2025 at a compound annual growth rate (CAGR) of 13.7%. The growth in the historic period can be attributed to increased oncology drug approvals, rise in focus on occupational safety, rise in need to curb needlestick injuries and exposure to hazardous drugs, increased awareness about potential dangers of cytotoxic drug exposure, growth in chemotherapy patient population. The closed system transfer devices market size is expected to see rapid growth in the next few years. It will grow to $1.96 billion in 2029 at a compound annual growth rate (CAGR) of 13.4%. The growth in the forecast period can be attributed to increasin...