Newark, New Castle, USA, Jan. 30, 2023 (GLOBE NEWSWIRE) -- According to the latest report published by Growth Plus Reports, the global steam and hydrogen peroxide biological indicators market is expected to clock US$ 1180.52 billion by 2030 and to grow at a CAGR of 7.9% during the forecast period. This exclusive information is published by Growth Plus Reports in its report titled “Steam and Hydrogen Peroxide Biological Indicators Market – Global Outlook & Forecast 2022-2030”
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Growth Drivers
The rising awareness of sterilization due to the rising number of surgical procedures in hospitals and clinics, the rise in the number of chronic diseases, technological advancements, and increased investments by key players in research and development activities are the factors that boost the global steam and hydrogen peroxide biological indicators market.
The global steam and hydrogen peroxide biological indicators market has been analyzed from three perspectives: product, application, and region.
Excerpts from ‘By Product Segmentation’
Based on product, the global steam and hydrogen peroxide biological indicators market is subdivided into:
- Spore Suspension
- Spore Strips
- Self-Contained Vials
It has been analyzed that the self-contained vials segment dominates the global steam and hydrogen peroxide biological indicators market. This dominance is because of the benefits provided by these indicators such as fast and reliable results in sterilization procedures. The spore strips segment is expected to observe steady growth in the upcoming years in smaller clinics and hospitals owing to its decent demand for sterilization monitoring. Spore suspension on the other hand would hold a smaller market share.
Excerpts from ‘By Application Segmentation’
The global steam and hydrogen peroxide biological indicators market has been divided into
- Healthcare Facilities
- Pharmaceutical
- Medical Device Companies
The market for steam and hydrogen peroxide biological indicators is dominated by the healthcare facilities segment. This is because hospitals see a lot of patients and hospital-acquired infections are on the rise, which is increasing demand for high-tech sterilizing products worldwide. While the category of pharmaceutical and medical device firms is anticipated to increase rapidly in the approaching years as a result of the tight sterilizing rules implemented by the government.
Excerpts from ‘By Region Segmentation’
Based on region, the global steam and hydrogen peroxide biological indicators market has been segmented into North America, Europe, Asia Pacific, and the Rest of the World. . The forecast term is expected to see a significant CAGR in Asia Pacific. This can be ascribed to the rapidly expanding healthcare manufacturing industries in nations like China, India, and others. This will encourage the region to employ cutting-edge steam and hydrogen peroxide biological indicators.
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Excerpts from ‘Competitive Landscape’
The prominent players operating in the global steam and hydrogen peroxide biological indicators market are:
- GE Healthcare, Canon Inc.
- Siemens Healthcare
- AnaSonic
- Samsung
- Shenzen Mindray Bio-Medical Electronics Co., Ltd.
- Hitachi
- Koninklijke Philips N.V.
- 3 M
- Getinge AB
- STERIS
- Tuttnauer
- Cantel Medical Corporation
- An Ecolab Solution
Table of Content
- INTRODUCTION
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- Market Ecosystem
- Timeline Under Consideration
- Historical Years – 2020
- Base Year – 2021
- Forecasted Years – 2022 to 2030
- Currency Used in the Report
- RESEARCH METHODOLOGY
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- Research Approach
- Data Collection Methodology
- Data Sources
- Secondary Sources
- Primary Sources
- Market Estimation Approach
- Bottom Up
- Top Down
- Market Forecasting Model
- Limitations and Assumptions
- PREMIUM INSIGHTS
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- Current Market Trends (COVID-19 Perspective)
- Key Players & Competitive Positioning (2021)
- MARKET DYNAMICS
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- Drivers
- Restraints/Challenges
- Opportunities
- GLOBAL STEAM AND HYDROGEN PEROXIDE BIOLOGICAL INDICATORS MARKET - ANALYSIS & FORECAST, BY PRODUCT
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- Spore Suspension
- Spore Strips
- Self-contained Vials
TOC Continued…
VALUE PROPOSITIONS RELATED TO THE REPORT:
- Powered with Complimentary Analyst Hours and Expert Interviews with Each Report
- Comprehensive quantitative and qualitative insights at segment and sub-segment level
- Covid 19 impact trends and perspective
- Granular insights at global/regional/country level
- Deep-rooted insights on market dynamics (drivers, restraints, opportunities) and business environment
- Blanket coverage on competitive landscape
- Winning imperatives
- Exhaustive coverage on 'Strategic Developments' registered by leading players of the market
CUSTOMIZATION OPTIONS:
- Distributor Landscape Assessment
- Pricing Intelligence
- Customer Base Assessment
- Investment & Initiatives Analysis
- 'Business Profile' of Key Players
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About Us:
Growth Plus Reports is part of GRG Health, a global healthcare knowledge service company. We are proud members of EPhMRA (European Pharmaceutical Marketing Research Association).
Growth Plus portfolio of services draws on our core capabilities of secondary & primary research, market modelling & forecasting, benchmarking, analysis and strategy formulation to help clients create scalable, ground-breaking solutions that prepare them for future growth and success.
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