Business news

Biological & Chemical Indicators Market Key Players – Thermo Fisher Scientific Inc., Mesa Labs, Inc., McKesson Medical-Surgical Inc., Crosstex International Inc., Steris Plc

According to Future Market Insights (FMI) the worldwide yearly tracker, vendor revenue in the global biological & chemical indicators market will grow 9.1% year over year to 396.8 Mn in 2020. Global shipments will rise 9.7% year over year to 830.7 Mn units in 2020.

Irrespective of the COVID-19 pandemic, demand for biological and chemical indicators has been surging tremendously as sterilization has always been at forefront of duties of healthcare facilities.

Biological & Chemical Indicators Market Size Study

  • Thermal sterilization will remain the preferred sterilization type through 2030
  • Biological indicators (BI) continue to stay high in demand, enzyme indicators to gain traction
  • Players to stay glued to self-contained BIs, as they lead to shorter required incubation times
  • Biopharma industry to remain primary end-user of biological and chemical indicators over the following decade
  • Stakeholders to reap substantial revenue from North America and Europe, given the presence of advanced healthcare infrastructure

Regional Outlook

  • North America (US, and Canada)
  • Latin America (Brazil, and Mexico)
  • Europe (Germany, UK, Russia, France, and Italy)
  • South Asia (India, Indonesia, Thailand, Australia, and New Zealand)
  • East Asia (China, Japan, and South Korea)
  • Oceania (Australia and New Zealand)
  • the Middle East & Africa (MEA) (Turkey, GCC Countries, and South Africa)

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Ankush Nikam

Ankush Nikam is a seasoned digital marketing professional, having worked for numerous online firms in his distinguished career. He believes in continuous learning, considering that the digital marketing sector’s rapidly evolving nature. Ankush is an avid music listener and loves to travel.

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