According to a new market research report published by Global Market Estimates, the Global Biological And Chemical Indicators Market is expected to grow at a high CAGR% during the forecast period. The demand for BI and CI is projected due to the growing biopharma industry across Europe, Asia-Pacific, and North America.
By Indicator Class ( Chemical, Biological, Enzyme), By Sterilization Type ( Thermal, Radiation, Chemical), By Packaging Form ( Self Contained BI, Strip &Disc BI, Strip Disc CI, Spore Suspension BI), By End-User( Ambulatory Surgical Centers, Hospitals, Biopharma Industry, Clinics, Research Labs, Diagnostic Labs), By Region (North America, Europe, Asia Pacific and Rest of the World), Vendor Landscape, End-User Landscape, and Company Market Share Analysis & Competitor Analysis
Key Market Insights
· Biological and chemical indicators are both used as control tools in the sterilization process
· The rising growth of the biopharma industry, and sterile medical equipment leads to high demand for the market during the forecast period.
· The biopharma industry segment will hold the largest market share during the forecast period.
· The growing need for sterile drug products will lead to the segment’s growth during the forecast period.
· European Union will hold the largest market share and yield the maximum revenue during the forecast period.
· Some of the key players operating in the market include 3M, TM Media, Mesa Labs, Proteck Scientific, Crosstex International Inc, Thermo Fisher Scientific, and Anderson Products among others.
Indicator Class Outlook (Revenue, USD Million, 2020-2026)
· Chemical Indicator
· Biological Indicator
· Enzyme Indicator
Sterilization Outlook (Revenue, USD Million, 2020-2026)
Packaging Form Outlook (Revenue, USD Million, 2020-2026)
· Self Contained BI
· Strip &Disc BI
· Strip Disc CI
· Spore Suspension BI
End-User Outlook (Revenue, USD Million, 2020-2026)
· Ambulatory Surgical Centers
· Biopharma Industry
· Research Labs
· Diagnostic Labs
Regional Outlook (Revenue, USD Million, 2020-2026)
- Rest of Europe
- South Korea
Middle East and Africa
· Saudi Arabia
Central and South America
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