The 200 pound concentrated load is for a load applied in
any direction at any point along the top. The 200 pound
load would be applied to the top rail, not the balusters.
The balusters need only support 50# psf. The assembly is
required to transfer the load to the structural elements
of the building. The design has to account for the load
applied from any direction at any point along the top of
the handrail or guardrail.