Reports and Insights freshly added a report titled “Biological Indicators Market: Opportunity Analysis and Future Assessment 2022-2030” in its database of market research reports which offers its readers a detailed and profound analysis on the fresh growth opportunities, trends and growth drivers that are closely linked with the growth of the market. The report further provides crucial insights on the COVID-19 impacts on the Biological Indicators Market along with the compound growth rate (CAGR) of the market for a forecasted period between 2022 and 2030. The report also comprises assessment of the market by employing various analytical tools, such as Porter’s five forces analysis and PESTEL analysis. These tools also offer an in-depth analysis on the micro and macro-environmental factors that are related to the growth of the market over the projected period.
The biological indicators market is estimated to reach at a value of US$ 450.9 Mn by the end of 2022 and expected to reach at a value of US$ 790 Mn by 2030 with a significant CAGR of 7.30%.
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Biological Indicators Introduction
Biological indicators are broadly utilized in the surveillance of sterilization procedures. The biological indicators assure a high level of sterility and are carried out after windup of a sterilization process. The testing is in qualitative form, which offers outcomes associated with the progress of the specific indicator organism. The survey testing is done on different kinds of sterilization, consisting of steam, ethylene oxide, vapor phase hydrogen peroxide, dry heat, and other processes.
Biological Indicators Market Dynamics
In the present times, the briskly rising prevalence of healthcare-related infections in the healthcare premises among the population as well as exacting drug manufacturing rules and legislations is majorly accelerating the demand of biological indicators across the global markets.
Notably, according to the World Health Organization, hospital-acquired infections in clinical settings are most frequent across the globe. In addition to that, the growing research and development activities in the healthcare sector are other chief factors which are expected to boost the growth of the global biological indicators market in the years to come. Other than that, biological indicators are considered a benchmark for sterilization evaluation.
Moreover, the growing R&D and increasing complexity of medical devices are further positively fueling the demand for effective sterilization processes in the pharmaceutical sector. Owing to which, the global biological indicators market is projected to rise significantly in the coming years.
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Biological Indicators Market Segmentation
The global biological indicators market is segmented on the basis of incubation, sterilization, end-use, and region.
By Incubation
Up to 24 hours
24 to 32 hours
32 to 48 hours
Above 48 hours
By Sterilization
Steam sterilization
Ethylene oxide sterilization
By End-Use
Food & Beverages
Pharmaceutical
Cosmetics
Others
By Region
North America
Latin America
Europe
Asia Pacific
Middle East
Africa
Biological Indicators Market Key Players
The key participating players of the global biological indicators market include Getinge AB, 3M, Cantel Medical, MATACHANA GROUP, Cardinal Health, Anderson Products, Mesa Labs, Inc., PMS, gke-GmbH, and STERIS plc, among others.
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