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Sterility Indicators Market size to exceed USD 1.5 billion by 2030

  • Published Date: September 21, 2022

Sterility Indicators Market size is anticipated to surpass USD 1.5 billion by 2030, according to a new research report by Global Market Insights Inc.

Surge in demand for biological sterility indicators from pharmaceutical as well as biotechnology companies is mainly driving industry growth. These indicators are capable of identifying the sterilization parameters necessary for effectively killing germs. Moreover, the focus among drug manufacturers to launch novel medicines in the market is also impelling the demand for sterility indicators.

High-level disinfection monitoring application to push adoption of chemical indicators

Sterility indicators market from chemical segment was worth more than USD 300 million In 2021, owing to its high demand as a key component of every healthcare facility’s sterility assurance program. Chemical sterility indicators prevent the use of inadequately sterilized instruments during medical operations by early detection of errors. Since the introduction of indicators such as Bowie and Dick, a wide range of sterilization and high-level disinfection monitoring applications have been covered by the use of chemical indicators.

Browse key industry insights spread 202 pages with 276 market data tables & 15 figures & charts from the report, “Sterility Indicators Market Size By Type (Chemical {Class 1. Class 2, Class 3, Class 4, Class 5, Class 6}, Biological {Spore Ampoules, Spore Suspensions, Self-contained Vials, Spore Strips}, By Technique (Low-Temperature Sterilization, Filtration Sterilization, Radiation Sterilization, Liquid Sterilization, Heat Sterilization), By End-use (Hospitals, Pharmaceutical Companies, Medical Device Companies, Research Center), Industry Analysis Report, Regional Outlook, Growth Potential, Competitive Market Share & Forecast, 2022 – 2030” in detail along with the table of contents:

Easy accessibility of heat sterilization technique to increase industry share

Sterility Indicators Market from heat sterilization segment was valued over USD 240 million in 2021. It is a conventional sterilization technique that has been widely employed in the dairy, pharmaceutical, and R&D sectors over the last decade, driving the segment landscape. The technique is known for its efficacy and accessibility and includes processes such as fractional sterilization, pasteurization, and autoclaving.

Growing incidences of illnesses will surge demand for sterility indicators at hospitals

Sterility indicators industry size from hospitals segment was valued over USD 250 million in 2021. Rising incidence of diseases has resulted in an increase in hospital admissions, fueling the sales of sterility indicators. Furthermore, hospitals which are well-equipped sterilizing kits and equipment are preferred by the patients, which is impelling the segment share.

Boom in geriatric populace to transform North America market dynamics

North America sterility indicators market was worth over USD 260 million in 2021. on account of rising geriatric population who are more prone to chronic ailments. In addition, availability of cutting-edge treatment methods, in consort with launch of innovative products by biologics, pharmaceuticals, and medical equipment manufacturers will bolster the demand for sterility indicators. There are many renowned companies in the region, including 3M and Mesa Labs, which will continue to facilitate the regional market outlook.

Strategic acquisitions to define the competitive landscape of the market

Leading players in the sterility indicators industry include Mesa Laboratories, 3M, Getinge Group, Matachana Group, H.W.Andersen Products Ltd., PMS, gke-GmbH, STERIS plc, Propper Manufacturing Co., Inc., Liofilchem S.r.l., and Thermo Fisher Scientific. These businesses are extending their operations through partnerships, mergers & acquisitions, new product launches, and the adoption of novel manufacturing methods.

Authors: Sumant Ugalmugle, Rupali Swain