Product Code: ANV880
REPORT HIGHLIGHT
The global steam and hydrogen peroxide biological indicators market size was USD 580.7 million in 2021. The global market will exhibit a stellar growth of 8.2% during the forecast period.
A biological indicator (BI) gives a direct assessment of lethality as well as confirmation of sterilizing procedure efficacy. Biological indicators, depending on the kind, can be employed in a variety of sterilizing methods involving steam, hydrogen peroxide, ethylene oxide, and various other gases.
Market Dynamics
The increased emphasis on sterilization in healthcare institutions, pharmaceutical and biotechnology industries, and food and beverage industries is the key factor driving the worldwide market growth. Furthermore, rigorous government regulations to prevent contamination, in conjunction with new product releases by key competitors, promote market expansion throughout the forecast period. Current leading and domestic enterprises are extending their geographical presence and manufacturing facilities as a result of the robust expansion in the pharmaceutical and medical device industries. As a result, there is a high demand for sterilization devices, and the use of biological indicators in these industries is increasing in order to ensure sterilization. As a result, the global steam and hydrogen peroxide biological indicators market is predicted to expand rapidly over the forecast period.
Globally, the increased frequency of chronic diseases, rising healthcare costs, and increasing diagnosis create a big patient pool requiring surgical procedures. According to a study published in the Lancet, roughly 313 million surgical procedures are performed globally each year. This causes a high demand in healthcare facilities for surgical equipment and reusable devices such as clamps, forceps, scissors, and so on. A significant risk of surgical operations is the introduction of harmful microorganisms, which can result in a hospital-acquired infection (HAI). To combat the rising prevalence of HAIs, regulatory organizations are working on implementing various recommendations, with an increased emphasis on sterilization in healthcare settings, to maintain patient safety and reduce the expenses associated with HAIs. As a result, healthcare facilities around the world are increasingly in need of modern and improved sterilizers.
Sterilizer demand and acceptance are generating the need for sterilization monitoring instruments, such as steam and hydrogen peroxide biological indicators. These elements, together with market participants' developments in biological indicators, are facilitating market adoption of these indicators. For instance, Spordex Self-contained Vials Biological Indicator (SCBI) Ampoules for steam sterilization were announced by STERIS in December 2020.
Segmentation Analysis:
Steam and Hydrogen Peroxide Biological Indicators Market is segmented on the basis of product type, application, and region.
On the basis of product type, the market is segmented into self-contained vials, spore strips, and spore suspension.
The segment of self-contained vials made the most revenue globally. Because of the multiple benefits, the dominance is fueled by a higher rate of adoption in both developed and developing economies. SCBIs (self-contained biological indicators) provide quick, visible, consistent, and reliable findings, ensuring that the sterilizing process is working properly. This, together with a slew of new and innovative product introductions, is expected to drive the market's growth rate over the forecast period.
The market is divided into healthcare facilities, pharmaceutical & medical devices firms, and others based on application.
In 2020, the healthcare facilities segment dominated the worldwide market. The segment's dominance is attributed to an increase in the number of healthcare facilities stressing sterilization due to the rising occurrence of hospital-acquired infections. For instance, According to the National Nosocomial Infections Surveillance (NNIS) system, around 5% - 10% of patients receive at least one hospital-acquired infection as a result of contaminated devices, items, or other causes.
During the predicted period, pharmaceutical and medical device industries will benefit from stringent government restrictions to prevent contamination and undergo sterilization.
Competitive Landscape:
The market consists of small, medium, and big corporations that are attempting to preserve their dominance by focusing on expanding their facilities to meet the increased demand for sterilization from healthcare facilities. Furthermore, other important companies are attempting to preserve their position in the marketplace by implementing methods such as alliances and partnerships in order to acquire a competitive advantage over their competitors.
For instance, in January 2021, STERIS announced the acquisition of Cantel Medical through its U.S. subsidiary.
Key features of the study:
- This proposed research study on Steam and Hydrogen Peroxide Biological Indicators Market provides market size (US$ million), compound annual growth rate (CAGR %) and forecast estimation (2021-2027), considering 2020 as the base year
- The research report elucidates potential growth opportunities across different segments/countries and explains attractive investment proposition matrix for Steam and Hydrogen Peroxide Biological Indicators Market
- The overall report identifies new investment opportunities, challenges faced by established players, and growth factors to sustain in the Steam and Hydrogen Peroxide Biological Indicators Market
- Impact of COVID-19 on Steam and Hydrogen Peroxide Biological Indicators Market size, forecast, CAGR, and market dynamics are discussed in detail under the research scope. Detailed insight on Steam and Hydrogen Peroxide Biological Indicators Market post-COVID will also be covered.
- In order to give the users of this report a comprehensive view on the Steam and Hydrogen Peroxide Biological Indicators Market, we have also included competitive landscape and key innovator analysis for the Steam and Hydrogen Peroxide Biological Indicators Market.
- The study encompasses a growth prospect mapping analysis, wherein all the industry segments are benchmarked based on their market size, growth rate and attractiveness.
- The report offers detailed company profiling featuring major market participants which will help users to understand their financial information and strategic initiatives of players operating in the Steam and Hydrogen Peroxide Biological Indicators Market.
- In addition, the report also unveil the important acquisitions & mergers, collaborations & joint ventures, new launch, research & development, regional expansion of major participants involved in the market on global as well as regional level.
- The global Steam and Hydrogen Peroxide Biological Indicators Market report primarily caters to various stakeholders in this industry including suppliers, investors, new entrants, distributors, and financial analysts
SCOPE OF THE REPORT
The scope of this report covers the market by its major segments, which include as follows:
GLOBAL STEAM AND HYDROGEN PEROXIDE BIOLOGICAL INDICATORS MARKET KEY PLAYEARS
- 3M (Minnesota, U.S.)
- STERIS (Ohio, United States)
- Getinge AB (Sweden)
- Cantel Medical (New Jersey, U.S.)
- Mesa Labs, Inc. (Colorado, United States)
- Tuttnauer (Hauppauge, U.S.)
- Bioquell, An Ecolab Solution (Hampshire, U.K.)
- Terragene (Rosario, Argentina)
- Other Prominent Players
GLOBAL STEAM AND HYDROGEN PEROXIDE BIOLOGICAL INDICATORS MARKET, BY PRODUCT TYPE
- Self-contained Vials
- Spore Strips
- Spore-suspension
GLOBAL STEAM AND HYDROGEN PEROXIDE BIOLOGICAL INDICATORS MARKET, BY APPLICATION
- Pharmaceutical & Medical Device Companies
- Healthcare Facilities
- Others
GLOBAL STEAM AND HYDROGEN PEROXIDE BIOLOGICAL INDICATORS MARKET, BY REGION
- Europe
- Germany
- France
- Italy
- Spain
- United Kingdom
- Rest of Europe
- Asia Pacific
- India
- China
- South Korea
- Japan
- Singapore
- Rest of APAC
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of LATAM
- The Middle East and Africa
- Saudi Arabia
- United Arab Emirates
- Rest of MEA
TABLE OF CONTENT
1. Steam and Hydrogen Peroxide Biological Indicators Market Overview
2. Executive Summary
- 2.1. Market Snippet
- 2.1.1. Market Snippet by Product Type
- 2.1.2. Market Snippet by Application
- 2.1.3. Market Snippet by Region
- 2.2. Competitive Insights
3. Steam and Hydrogen Peroxide Biological Indicators Key Market Trends
- 3.1. Market Drivers
- 3.1.1. Impact Analysis of Market Drivers
- 3.2. Market Restraints
- 3.2.1. Impact Analysis of Market Restraints
- 3.3. Market Opportunities
- 3.4. Market Future Trends
4. Steam and Hydrogen Peroxide Biological Indicators Industry Study
- 4.1. Porter's Five Forces Analysis
- 4.2. Marketing Strategy Analysis
- 4.3. Growth Prospect Mapping
- 4.4. Regulatory Framework Analysis
5. Steam and Hydrogen Peroxide Biological Indicators Market: COVID-19 Impact Analysis
- 5.1. Pre-COVID-19 Impact Analysis
- 5.2. Post-COVID-19 Impact Analysis
- 5.2.1. Top Performing Segments
- 5.2.2. Marginal Growth Segments
- 5.2.3. Top Looser Segments
- 5.2.4. Marginal Loss Segments
6. Steam and Hydrogen Peroxide Biological Indicators Market Landscape
- 6.1. Market Share Analysis, 2020
- 6.2. Key Innovators Analysis
- 6.3. Breakdown Data, by Key Manufacturer
- 6.3.1. Established Players' Analysis
- 6.3.2. Emerging Players' Analysis
7. Steam and Hydrogen Peroxide Biological Indicators Market - By Product Type
- 7.1. Overview
- 7.1.1. Segment Share Analysis, By Product Type, 2020 & 2027 (%)
- 7.1.2. Self-contained Vials
- 7.1.3. Spore Strips
- 7.1.4. Spore-suspension
8. Steam and Hydrogen Peroxide Biological Indicators Market - By Application
- 8.1. Overview
- 8.1.1. Segment Share Analysis, By Application, 2020 & 2027 (%)
- 8.1.2. Pharmaceutical & Medical Device Companies
- 8.1.3. Healthcare Facilities
- 8.1.4. Others
9. Steam and Hydrogen Peroxide Biological Indicators Market- By Geography
- 9.1. Introduction
- 9.1.1. Segment Share Analysis, By Geography, 2020 & 2027 (%)
- 9.2. North America
- 9.2.1. Overview
- 9.2.2. Key Manufacturers in North America
- 9.2.3. North America Market Size and Forecast, By Country, 2016 - 2027 (US$ Million)
- 9.2.4. North America Market Size and Forecast, By Product Type, 2016 - 2027 (US$ Million)
- 9.2.5. North America Market Size and Forecast, By Application, 2016 - 2027 (US$ Million)
- 9.2.6. U.S.
- 9.2.6.1. Overview
- 9.2.6.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Million)
- 9.2.6.3. U.S. Market Size and Forecast, By Product Type, 2016 - 2027 (US$ Million)
- 9.2.6.4. U.S. Market Size and Forecast, By Application, 2016 - 2027 (US$ Million)
- 9.2.7. Canada
- 9.2.7.1. Overview
- 9.2.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Million)
- 1.1.1.1. Canada Market Size and Forecast, By Product Type, 2016 - 2027 (US$ Million)
- 1.1.1.2. Canada Market Size and Forecast, By Application, 2016 - 2027 (US$ Million)
- 9.3. Europe
- 9.3.1. Overview
- 9.3.2. Key Manufacturers in Europe
- 9.3.3. Europe Market Size and Forecast, By Country, 2016 - 2027 (US$ Million)
- 9.3.4. Europe Market Size and Forecast, By Product Type, 2016 - 2027 (US$ Million)
- 9.3.5. Europe Market Size and Forecast, By Application, 2016 - 2027 (US$ Million)
- 9.3.6. Germany
- 9.3.6.1. Overview
- 9.3.6.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Million)
- 9.3.6.3. Germany Market Size and Forecast, By Product Type, 2016 - 2027 (US$ Million)
- 9.3.6.4. Germany Market Size and Forecast, By Application, 2016 - 2027 (US$ Million)
- 9.3.7. Italy
- 9.3.7.1. Overview
- 9.3.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Million)
- 9.3.7.3. Italy Market Size and Forecast, By Product Type, 2016 - 2027 (US$ Million)
- 9.3.7.4. Italy Market Size and Forecast, By Application, 2016 - 2027 (US$ Million)
- 9.3.8. United Kingdom
- 9.3.8.1. Overview
- 9.3.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Million)
- 9.3.8.3. United Kingdom Market Size and Forecast, By Product Type, 2016 - 2027 (US$ Million)
- 9.3.8.4. United Kingdom Market Size and Forecast, By Application, 2016 - 2027 (US$ Million)
- 9.3.9. France
- 9.3.9.1. Overview
- 9.3.9.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Million)
- 9.3.9.3. France Market Size and Forecast, By Product Type, 2016 - 2027 (US$ Million)
- 9.3.9.4. France Market Size and Forecast, By Application, 2016 - 2027 (US$ Million)
- 9.3.10. Rest of Europe
- 9.3.10.1. Overview
- 9.3.10.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Million)
- 9.3.10.3. Rest of the Europe Market Size and Forecast, By Product Type, 2016 - 2027 (US$ Million)
- 9.3.10.4. Rest of the Europe Market Size and Forecast, By Application, 2016 - 2027 (US$ Million)
- 9.4. Asia Pacific (APAC)
- 9.4.1. Overview
- 9.4.2. Key Manufacturers in Asia Pacific
- 9.4.3. Asia Pacific Market Size and Forecast, By Country, 2016 - 2027 (US$ Million)
- 9.4.4. Asia Pacific Market Size and Forecast, By Product Type, 2016 - 2027 (US$ Million)
- 9.4.5. Asia Pacific Market Size and Forecast, By Application, 2016 - 2027 (US$ Million)
- 9.4.6. India
- 9.4.6.1. Overview
- 9.4.6.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Million)
- 9.4.6.3. India Market Size and Forecast, By Product Type, 2016 - 2027 (US$ Million)
- 9.4.6.4. India Market Size and Forecast, By Application, 2016 - 2027 (US$ Million)
- 9.4.7. China
- 9.4.7.1. Overview
- 9.4.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Million)
- 9.4.7.3. China Market Size and Forecast, By Product Type, 2016 - 2027 (US$ Million)
- 9.4.7.4. China Market Size and Forecast, By Application, 2016 - 2027 (US$ Million)
- 9.4.8. Japan
- 9.4.8.1. Overview
- 9.4.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Million)
- 9.4.8.3. Japan Market Size and Forecast, By Product Type, 2016 - 2027 (US$ Million)
- 9.4.8.4. Japan Market Size and Forecast, By Application, 2016 - 2027 (US$ Million)
- 9.4.9. South Korea
- 9.4.9.1. Overview
- 9.4.9.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Million)
- 9.4.9.3. South Korea Market Size and Forecast, By Product Type, 2016 - 2027 (US$ Million)
- 9.4.9.4. South Korea Market Size and Forecast, By Application, 2016 - 2027 (US$ Million)
- 9.4.10. Rest of APAC
- 9.4.10.1. Overview
- 9.4.10.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Million)
- 9.4.10.3. Rest of APAC Market Size and Forecast, By Product Type, 2016 - 2027 (US$ Million)
- 9.4.10.4. Rest of APAC Market Size and Forecast, By Application, 2016 - 2027 (US$ Million)
- 9.5. Latin America
- 9.5.1. Overview
- 9.5.2. Key Manufacturers in Latin America
- 9.5.3. Latin America Market Size and Forecast, By Country, 2016 - 2027 (US$ Million)
- 9.5.4. Latin America Market Size and Forecast, By Product Type, 2016 - 2027 (US$ Million)
- 9.5.5. Latin America Market Size and Forecast, By Application, 2016 - 2027 (US$ Million)
- 9.5.6. Brazil
- 9.5.6.1. Overview
- 9.5.6.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Million)
- 9.5.6.3. Brazil Market Size and Forecast, By Product Type, 2016 - 2027 (US$ Million)
- 9.5.6.4. Brazil Market Size and Forecast, By Application, 2016 - 2027 (US$ Million)
- 9.5.7. Mexico
- 9.5.7.1. Overview
- 9.5.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Million)
- 9.5.7.3. Mexico Market Size and Forecast, By Product Type, 2016 - 2027 (US$ Million)
- 9.5.7.4. Mexico Market Size and Forecast, By Application, 2016 - 2027 (US$ Million)
- 9.5.8. Argentina
- 9.5.8.1. Overview
- 9.5.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Million)
- 9.5.8.3. Argentina Market Size and Forecast, By Product Type, 2016 - 2027 (US$ Million)
- 9.5.8.4. Argentina Market Size and Forecast, By Application, 2016 - 2027 (US$ Million)
- 9.5.9. Rest of LATAM
- 9.5.9.1. Overview
- 9.5.9.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Million)
- 9.5.9.3. Rest of LATAM Market Size and Forecast, By Product Type, 2016 - 2027 (US$ Million)
- 9.5.9.4. Rest of LATAM Market Size and Forecast, By Application, 2016 - 2027 (US$ Million)
- 9.6. Middle East and Africa
- 9.6.1. Overview
- 9.6.2. Key Manufacturers in Middle East and Africa
- 9.6.3. Middle East and Africa Market Size and Forecast, By Country, 2016 - 2027 (US$ Million)
- 9.6.4. Middle East and Africa Market Size and Forecast, By Product Type, 2016 - 2027 (US$ Million)
- 9.6.5. Middle East and Africa Market Size and Forecast, By Application, 2016 - 2027 (US$ Million)
- 9.6.6. Saudi Arabia
- 9.6.6.1. Overview
- 9.6.6.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Million)
- 9.6.6.3. Saudi Arabia Market Size and Forecast, By Product Type, 2016 - 2027 (US$ Million)
- 9.6.6.4. Saudi Arabia Market Size and Forecast, By Application, 2016 - 2027 (US$ Million)
- 9.6.7. United Arab Emirates
- 9.6.7.1. Overview
- 9.6.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Million)
- 9.6.7.3. United Arab Emirates Market Size and Forecast, By Product Type, 2016 - 2027 (US$ Million)
- 9.6.7.4. United Arab Emirates Market Size and Forecast, By Application, 2016 - 2027 (US$ Million)
10. Key Vendor Analysis
- 10.1. Competitive Dashboard
- 10.2. Company Profiles
- 10.2.1. Continental AG
- 10.2.2. 3M (Minnesota, U.S.)
- 10.2.3. STERIS (Ohio, United States)
- 10.2.4. Getinge AB (Sweden)
- 10.2.5. Cantel Medical (New Jersey, U.S.)
- 10.2.6. Mesa Labs, Inc. (Colorado, United States)
- 10.2.7. Tuttnauer (Hauppauge, U.S.)
- 10.2.8. Bioquell, An Ecolab Solution (Hampshire, U.K.)
- 10.2.9. Terragene (Rosario, Argentina)
- 10.2.10. Other Prominent Players
11. 360 Degree Analyst View
12. Appendix
- 12.1. Research Methodology
- 12.2. References
- 12.3. Abbreviations
- 12.4. Disclaimer
- 12.5. Contact Us