Global Biological and Chemical Indicators Market Set to Surpass USD 866.9 Million by 2033, Driven by Stricter Regulations and Technological Advancements | FMI

The global biological and chemical indicators market is poised for remarkable growth, with market value projected to leap from USD 490.3 million in 2023 to USD 866.9 million by 2033. This robust expansion, representing a Compound Annual Growth Rate (CAGR) of 5.9%, underscores the critical role these indicators play in sterilization processes and quality assurance across industries.

Biological and chemical indicators are indispensable tools in ensuring the effectiveness of sterilization processes, particularly in medical, pharmaceutical, and industrial sectors. Their growing demand is fueled by stricter regulatory standards, heightened awareness of safety protocols, and continuous technological advancements.

Key Growth Drivers:

  1. Stricter Regulatory Standards: With industries worldwide facing more rigorous sterilization and safety requirements, the need for reliable biological and chemical indicators has surged. These tools are essential for verifying sterilization efficacy and ensuring compliance with stringent regulations.
  2. Technological Advancements: Innovations in indicator technology have enhanced accuracy, reliability, and user-friendliness, spurring adoption across sectors, particularly healthcare and manufacturing.
  3. Growing Awareness of Safety and Quality Control: The heightened focus on safety protocols, especially in the medical and pharmaceutical industries, has driven demand for effective sterilization monitoring, making these indicators a cornerstone of quality control measures.
  4. Expanding Applications: Beyond traditional uses, biological and chemical indicators are finding applications in biotechnology, environmental monitoring, and other emerging industries, further propelling market growth.

Industry Outlook:

As the market evolves, industry players are focusing on developing advanced solutions to meet the escalating demand for reliable sterilization verification tools. The rapid pace of innovation, coupled with the expansion of applications into new sectors, positions the market for sustained growth.

This dynamic growth trajectory highlights the pivotal role of biological and chemical indicators in safeguarding public health and maintaining product quality. With advancements on the horizon and regulatory requirements tightening, these tools are set to become an essential component of global sterilization and safety protocols over the coming decade.

Global Market Highlights:

  • The United States is expected to lead the market, with an estimated value of USD 169.4 million by 2033, growing at a CAGR of 4.9%.
  • Germany’s market is projected to reach USD 20.7 million by 2033, with a CAGR of 3.7%.
  • The United Kingdom is expected to witness a CAGR of 6.0%, reaching USD 19.5 million by 2033.
  • China’s market is anticipated to grow to USD 32.7 million by 2033, with a CAGR of 5.3%.

Growing Market Interest: Explore Comprehensive Insights and Trends with Our Detailed Report!

Latest Developments in the Biological and Chemical Indicators Industry:

  • In 2020, Thermo Fisher Scientific, Inc. announced the acquisition of QIAGEN N.V. at approximately US$ 11.5 billion.
  • In July 2020, 3M company announced Attest Mini Auto-reader 490M, a 24-minute in-house sterilization monitoring solution, the technology designed for dental professionals’ use.

Key Companies Profiled:

  • The 3M Company
  • Steris Plc.
  • Thermo Fisher Scientific, Inc.
  • Mesa Labs, Inc.
  • McKesson Medical-Surgical Inc.
  • Crosstex International, Inc.
  • Propper Manufacturing Co., Inc.
  • Terragene S.A.
  • Andersen Products, Inc.
  • Getinge AB
  • GKE-GmbH
  • Liofilchem S.r.l.
  • Protak Scientific Ltd.
  • ParaSure Limited
  • Excelsior Scientific
  • Siltex Australia Pvt. Ltd.

Biological and Chemical Indicators Industry by Category:

By Sterilization Type:

  • Thermal Sterilization
    • Steam Heat
    • Dry Heat
  • Chemical Sterilization
    • Ethylene Oxide
    • Hydrogen Peroxide
    • Formaldehyde
  • Radiation Sterilization

By Indicator Class:

  • Biological Indicators
    • Geobacillus stearothermophilus (GS) Spores
    • Bacillus atrophaeus (BA) Spores
    • Others
  • Chemical Indicators
    • Class 1 (Process)
    • Class 4 (Multi-Variable)
    • Class 2 (Specific-Use)
    • Class 3 (Single-Variable)
    • Class 5 (Integrating)
    • Class 6 (Cycle Verification)
  • Enzyme Indicators

By Packaging Form:

  • Self-Contained BI
  • Spore Suspension BI
  • Strip and Disc BI
  • Strip and Disc CI
  • Others

By End User:

  • Biopharma Industry
  • Hospitals
  • Clinics
  • Ambulatory Surgical Centers
  • Diagnostic Labs
  • Research Lab

By Region:

  • North America
  • Latin America
  • Europe
  • South Asia
  • East Asia
  • Oceania
  • Middle-East & Africa

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:        

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-347-918-3531
For Sales Enquiries: 
sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedInTwitterBlogs | YouTube

Leave a comment

Your email address will not be published. Required fields are marked *