Sterilization Indicator Tape Market Growth, Size, Trends, Demand, Revenue and Future Outlook
Sterilization Indicator Tape Market Size– By Type, By End User- Regional Outlook, Competitive Strategies and Segment Forecast to 2033
| Published: Feb-2024 | Report ID: AMIN2471 | Pages: 1 - 220 | Formats*: |
| Category : Automotive & Transportation | |||
Sterilization Indicator Tape Market Introduction and Overview
According to SPER Market Research, the Global Sterilization Indicator Tape Market is estimated to reach USD 217.13 million by 2033 with CAGR of 5.18%.
The report includes an in-depth analysis of the Global Sterilization Indicator Tape Market, including market size and trends, product mix, Types, and supplier analysis. In sterile environments, such as those seen in healthcare settings and other businesses, sterilization is an essential procedure. The selection of sterilization tape is one frequently disregarded step in the sterilization procedure. Selecting the appropriate sterilization tape is essential for multiple purposes. Primarily, it guarantees the precision and dependability of the sterilizing procedure. Furthermore, the appropriate sterilization tape offers unmistakable visual proof that the objects or surfaces have undergone the intended sterilizing procedure.
- April 2022: The 3M Attest Super Rapid Steam Biological Indicator 1592 has been approved by the US FDA.With software version 4.0.0 or higher, the 3M Attest Auto-reader 490 is compatible with this self-contained biological indicator.
- December 2022: The maker of products for minimally invasive surgery, Applied Medical Europe, has chosen Gentinge's GEE Ethylene Oxide Sterilization System for their new sterilization plant in Amersfoort, the Netherlands, according to a press release from Gentinge AB.
Market Opportunities and Challenges
The use of novel sterilizing methods and supplies in medical facilities has increased dramatically in recent years. This is the main reason fuelling the market's expansion, along with the growing use of chemical and biological indicators that show when the package has been processed or the sterilization procedure is complete. Additionally, significant resources are being allocated by several major stakeholders towards research and development (R&D) endeavours aimed at enhancing the dependability, precision, and user-friendliness of sterilization indicator tapes. Other factors supporting market growth include the expanding use of the product in dental offices, labs, and research facilities as well as the growing demand for sterilization supplies in the healthcare sector as a result of an increase in patient hospital-acquired infections (HAIs).
Sterilization indicator tapes can be expensive, which may prevent them from being widely used. The increased price of sophisticated indicator tapes with improved features could be problematic for facilities with tight budgets, which would impede the expansion of the market. Healthcare practitioners in some areas are not aware of the significance of using sterilizing indicator tapes or how to correctly interpret them. Insufficient instruction and understanding of appropriate sterilizing procedures may hinder the market's expansion to a certain degree. The adoption of regulatory guidelines and sterilization norms is limited in underdeveloped nations due to the absence of strong procedures for sterilization monitoring and routine evaluation of sterilizers. Additionally, sterilization indicators are not used by hospitals, clinics, nursing homes, laboratories, or regional healthcare producers as a cost-saving strategy.
Market Competitive Landscape
A thorough examination of the competitive environment in the worldwide Global Sterilization Indicator Tape market has also been included in the report. The study includes competition analysis that covers topics like market structure, market share by major players, player positioning, top winning tactics, competitive dashboard, and business assessment quadrant. All significant companies have also been given thorough profiles. Some of major players are 3M Company, Advanced Sterilization Products Inc. (Fortive Corporation), Brand Gmbh + Co. Kg, Guangdong New Era New Materials Technology Co. Ltd., Shinva Medical Instrument Co. Ltd., PMS Healthcare Technologies, Kartell S.p.A., Healthmark Industries Company Inc. Young Mydent LLC (Young Innovations Inc.) and various others.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2020-2033 |
| Base year considered | 2023 |
| Forecast period | 2024-2033 |
| Segments covered | By Type, By End-User |
| Regions covered | Asia Pacific, Europe, Middle East & Africa, North America |
| Companies Covered | 3M Company, Advanced Sterilization Products Inc. (Fortive Corporation), Brand Gmbh + Co. Kg, Guangdong New Era New Materials Technology Co. Ltd., Shinva Medical Instrument Co. Ltd., PMS Healthcare Technologies, Kartell S.p.A., and Healthmark Industries Company Inc., Young Mydent LLC (Young Innovations Inc.) and various others. |
COVID-19 Impact on Global Sterilization Indicator Tape Market
The need for sterilization processing was positively impacted by the COVID-19 epidemic. The growing emphasis on the necessity of clean and infection-free medical instruments during dental practice and surgical operations to minimize contamination has led to a considerable increase in the number of sterilization procedures. Patient visits to healthcare facilities increased as a result of the pandemic. As the number of patients increased, so did the demand for reusable medical equipment, which prompted the use of these indicator tapes. The epidemic has brought to light the necessity of reusable medical equipment sterilization procedures and oversight in dental offices, hospitals, and other healthcare facilities. But when the number of COVID-19 cases declined in 2021, hospitals and businesses made adjustments to the way they conducted business on a daily basis.
Key Target Audience:
- Hospitals and Healthcare Facilities
- Dental Clinics
- Laboratories
- Pharmaceutical Companies
- Medical Device Manufacturers
- Sterile Processing Departments
- Medical Supply Companies
- Veterinary Clinics
- Medical and Laboratory Suppliers
- Regulatory Bodies and Quality Assurance
- Ambulatory Surgical Centres
Our in-depth analysis of the Sterilization Indicator Tape Market includes the following segments:
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| By End-User: |
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| By Region: |
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Key Topics Covered in the Report:
- Global Sterilization Indicator Tape Market Size (FY’2023-FY’2033)
- Overview of Global Sterilization Indicator Tape Market
- Segmentation of Global Sterilization Indicator Tape Market By Type (Steam Indicator Tapes and Hydrogen Peroxide Tapes)
- Segmentation of Global Sterilization Indicator Tape Market By End-User (Healthcare Facilities, Pharmaceutical & Medical Device Companies, and Others)
- Statistical Snap of Global Sterilization Indicator Tape Market
- Expansion Analysis of Global Sterilization Indicator Tape Market
- Problems and Obstacles in Global Sterilization Indicator Tape Market
- Competitive Landscape in the Global Sterilization Indicator Tape Market
- Impact of COVID-19 and Demonetization on Global Sterilization Indicator Tape Market
- Details on Current Investment in Global Sterilization Indicator Tape Market
- Competitive Analysis of Global Sterilization Indicator Tape Market
- Prominent Players in the Global Sterilization Indicator Tape Market
- SWOT Analysis of Global Sterilization Indicator Tape Market
1. Introduction
1.1. Scope of the report1.2. Market segment analysis
2. Research Methodology
2.1. Research data source2.1.1. Secondary Data2.1.2. Primary Data2.1.3. SPER’s internal database2.1.4. Premium insight from KOL’s2.2. Market size estimation2.2.1. Top-down and Bottom-up approach2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis4.1.1. Drivers4.1.2. Restraints4.1.3. Opportunities4.1.4. Challenges4.2. COVID-19 Impact of the Global Sterilization Indicator Tape Market
5. Market variable and outlook
5.1. SWOT Analysis5.1.1. Strengths5.1.2. Weaknesses5.1.3. Opportunities5.1.4. Threats5.2. PESTEL Analysis5.2.1. Political Landscape5.2.2. Economic Landscape5.2.3. Social Landscape5.2.4. Technological Landscape5.2.5. Environmental Landscape5.2.6. Legal Landscape5.3. PORTER’s Five Forces5.3.1. Bargaining power of suppliers5.3.2. Bargaining power of buyers5.3.3. Threat of Substitute5.3.4. Threat of new entrant5.3.5. Competitive rivalry5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Global Sterilization Indicator Tape Market Manufacturing Base Distribution, Sales Area, Type, Chassis Type6.2. Mergers & Acquisitions, Partnerships, Type Launch, and Collaboration in Global Sterilization Indicator Tape Market
7. Global Sterilization Indicator Tape Market, By Type, 2020-2033 (USD Million)
7.1. Global Sterilization Indicator Tape Market Value Share and Forecast, By Type, 2024-20337.2. Hydrogen Peroxide Tapes7.3. Steam Indicator Tapes
8. Global Sterilization Indicator Tape Market, By End-User, 2020-2033 (USD Million)
8.1. Global Sterilization Indicator Tape Market Value Share and Forecast, By End-User, 2024-20338.2. Healthcare Facilities8.3. Pharmaceutical and Medical Device Companies8.4. Others
9. Global Sterilization Indicator Tape Market Forecast, 2020-2033 (USD Million)
9.1. Global Sterilization Indicator Tape Market Size and Market Share
10. Global Sterilization Indicator Tape Market, By Type, 2020-2033 (USD Million)
10.1. Global Sterilization Indicator Tape Market Size and Market Share By Type (2020-2026)10.2. Global Sterilization Indicator Tape Market Size and Market Share By Type (2027-2033)
11. Global Sterilization Indicator Tape Market, By End-User, 2020-2033 (USD Million)
11.1. Global Sterilization Indicator Tape Market Size and Market Share By End-User (2020-2026)11.2. Global Sterilization Indicator Tape Market Size and Market Share By End-User (2027-2033)
12. Global Sterilization Indicator Tape Market, By Region, 2020-2033 (USD Million)
12.1. Global Sterilization Indicator Tape Market Size and Market Share By Region (2020-2026)12.2. Global Sterilization Indicator Tape Market Size and Market Share By Region (2027-2033)12.2.1. Asia Pacific12.2.2. Europe12.2.3. Middle East & Africa12.2.4. North America
13. Company Profile
13.1. 3M Company13.1.1. Company details13.1.2. Financial outlook13.1.3. Type summary13.1.4. Recent developments13.2. Advanced Sterilization Products Inc. (Fortive Corporation)13.2.1. Company details13.2.2. Financial outlook13.2.3. Type summary13.2.4. Recent developments13.3. Brand Gmbh + Co. Kg13.3.1. Company details13.3.2. Financial outlook13.3.3. Type summary13.3.4. Recent developments13.4. Guangdong New Era New Materials Technology Co. Ltd.13.4.1. Company details13.4.2. Financial outlook13.4.3. Type summary13.4.4. Recent developments13.5. Healthmark Industries Company Inc.13.5.1. Company details13.5.2. Financial outlook13.5.3. Type summary13.5.4. Recent developments13.6. Kartell S.p.A, PMS Healthcare Technologies13.6.1. Company details13.6.2. Financial outlook13.6.3. Type summary13.6.4. Recent developments13.7. Shinva Medical Instrument Co. Ltd.13.7.1. Company details13.7.2. Financial outlook13.7.3. Type summary13.7.4. Recent developments13.8. Young Mydent LLC (Young Innovations Inc.)13.8.1. Company details13.8.2. Financial outlook13.8.3. Type summary13.8.4. Recent developments13.9. Others
15 List of Abbreviations
16 Reference Links
17 Conclusion
18 Research Scope
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
Frequently Asked Questions About This Report
Sterilization Indicator Tape Market is projected to reach USD 217.13 million by 2033, growing at a CAGR of 5.18% during the forecast period.
Sterilization Indicator Tape Market size from 2022. The Market is expected to reach USD 217.13 million by 2033, at a CAGR of 5.18% during the forecast period.
Sterilization Indicator Tape Market CAGR of 5.18% during the forecast period.
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Sterilization Indicator Tape Market size is 217.13 million from 2024 to 2033.
Sterilization Indicator Tape Market Segment is covered By Type, By End-User.
The North America is anticipated to have the highest market share in the Sterilization Indicator Tape Market.
The key players in the market include Companies Covered 3M Company, Advanced Sterilization Products Inc. (Fortive Corporation), Brand Gmbh + Co. Kg, Guangdong New Era New Materials Technology Co. Ltd., Shinva Medical Instrument Co. Ltd., PMS Healthcare Technologies, Kartell S.p.A., and Healthmark Industries Company Inc., Young Mydent LLC (Young Innovations Inc.) and various others.
Furthermore, the appropriate sterilization tape offers unmistakable visual proof that the objects or surfaces have undergone the intended sterilizing procedure.
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