Autoclave Indicator Tape Market, By Method (Gravity Discharge, Vacuum Autoclave ) By backing material (Paper, Plastic, Woven and Others) and Region - Forecast to 2032
ID: MRFR/PNT/3182-HCR | 135 Pages | Author: Pradeep Nandi| November 2024
Autoclave Indicator Tape Market Size was valued at USD 134.6 Million in 2023. The Autoclave Indicator Tape industry is projected to grow from USD 139.9 Million in 2024 to USD 200.4 Million by 2032, exhibiting a compound annual growth rate (CAGR) of 4.6% during the forecast period (2024 - 2032).
An Autoclave is a steel vessel for sterilizing things by circulating steam or another gas. The steam autoclave indicator tape does not contain lead or other toxic heavy metals. This tape is designed for instrument wraps, closing packages, and other items that require steam sterilization. This is also used for monitoring steam sterilization processes and immediately changes the color when the process is completed.
Like sterilizers, autoclaves can also carry all sorts of industrial processes and scientific experiments which give good results at high temperatures and pressures. Unlike sterilizing, autoclaves circulate steam, industrial, and scientific autoclaves can also circulate other gases for encouraging chemical reactions.
Autoclaves kill microorganisms and spores by creating superheated steam with the help of water, pressure, and heat. They decontaminate certain biological wastes, instruments, and labware. Generally, there are two types of sterilizing solutions. One is autoclaving and the other is sterile filtration. Autoclaves are used in various applications like medical and laboratory applications like agriculture & horticulture research, food & dairy, universities & colleges, industrial research, healthcare, water & environmental, and pharmaceuticals. These autoclaves can sterilize liquids, solids, hollows, and instruments of different shapes and sizes. Autoclaves are available in different shapes, sizes, and functionalities.
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Even though the COVID-19 pandemic is impacted drastically all over the world due to spread, lockdowns, manufacturing halts, supply chain disruptions, transportation bans, and many more factors. The market is positively impacted by the pandemic due to its various benefits in laboratories and medical applications. The COVID-19 pandemic has boosted the demand for autoclaving across laboratories, pharmaceuticals, and medical devices industries.
Due to the importance of sterile and infection-free medical instruments for the dental practice, surgical procedures, and the instruments used in COVID-19 treating hospitals to avoid hospital-acquired infections (HAIs). As the autoclaves can sterilize liquids, solids, hollows, and instruments related to pharmaceuticals, medical & laboratory, food & dairy, water & environmental applications which are essential in this pandemic situation, the autoclave indicator tape market is highly demandable in this pandemic.
Easy maintenance of ready-to-use and easy-to-use sterile instruments and their long life are the major driving factors of the autoclave indicator tape market growth. Rising regulations and the need for proper sterilization in private clinics are rising the demand for sterilizers. This is a highly reliable technique used for sterilization, easy maintenance, and convenient application are the driving factors which propel the market growth.
Growing applications of autoclave indicator tape in pharmaceutical and healthcare facilities are accelerating the growth of the market. Strong regulations and strict protocols related to sterilization of medical devices and hospital instruments coupled with growing emphasis to avoid hospital-acquired infections are escalating the growth of the market.
According to the National Institute for Health and Care Excellence report, approximately 300,000 patients are suffering from hospital-acquired infections in England within the NHS facilities, annually. Among all, 15.7% of patients suffer from surgical site infections, 22.8% of patients suffer from respiratory infections, and 17.2% of patients acquire urinary tract infections.
The large capacity and other conventional sterilization methods of this autoclave indicator tape are very expensive which is restraining the market growth.
The introduction of advanced technology products and increasing penetration of these products in emerging country’s industries may escalate the growth of the market.
Awareness among the people regarding the benefits of the autoclave indicator tape market is low in emerging countries like India, China, and Brazil.
The global autoclave indicator tape market has been divided into segments based on method, backing material, and region.
The global market based on the method is classified into two types as gravity discharge and vacuum autoclave.
The global market by backing material is bifurcated into few types such as paper, plastic, woven, and others.
The global autoclave indicator tape market is divided into four main geographies such as North America, Europe, Asia-Pacific, and the Rest of the World. Among them, North America is dominating the largest market share for the significant investments in research facilities from Brazil, Chile, and Colombia.
Geographically, the market is segmented into four main regions like Europe, North America, Asia-Pacific, and the Rest of the world. Out of these regions, North America is accounting for the largest share for the autoclave by 2023. The investments in research facilities from Brazil, Chile, and Colombia are driving the market growth in this region.
In terms of revenue share, Asia-Pacific is dominating the market. This market is predicted to reach USD 247.1 million and can be attributed to the rapid migration of R & D companies in this region by the end of 2023. Moreover, the international companies from both Europe and North America are going to shift their R & D laboratories in this region. Europe is holding a significant market share for the growing number of surgical procedures and strict sterilization norms.
This global autoclave indicator tape market research includes the Market Overview, COVID-19 analysis, Market Dynamics, Study Objectives, Segment Overview, Regional Analysis, Competitive Landscape, Recent developments, Segmentation Table, and FAQs. The market scenario includes the autoclave indicator tape market drivers, restraints, challenges, and opportunities. The market forecast segments are the method, backing material, and region.
Report Attribute/Metric | Details |
Market Size 2023 | USD 134.6 Million |
Market Size 2024 | USD 139.9 Million |
Market Size 2032 | USD 200.4 Million |
Compound Annual Growth Rate (CAGR) | 4.6% (2024-2030) |
Base Year | 2023 |
Market Forecast Period | 2024-2032 |
Historical Data | 2018 - 2021 |
Market Forecast Units | Value (USD Billion) |
Report Coverage | Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends |
Segments Covered | Material, Type, End-Use |
Geographies Covered | North America, Europe, Asia Pacific, and Rest of the World |
Countries Covered | The U.S, Canada, Germany, France, UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil |
Key Companies Profiled | 3M (U.S), Spectrum Chemical Manufacturing Corp (U.S), Guangzhou Maidi Medical Co. Ltd (China), VWR (U.S), Medline Industries, Inc. (U.S), Narang Medical Limited (India), Komal Health Care Pvt. Ltd.(India), Anqing Yiren Medical Material Co., Ltd (China) and Thomas Scientific (U.S). |
Key Market Opportunities | The introduction of advanced technology products and increasing penetration of these products in emerging country’s industries may escalate the growth of the market. |
Key Market Dynamics | Easy maintenance of ready-to-use and easy-to-use sterile instruments and their long life Rising regulations and the need for proper sterilization in private clinics Growing applications of autoclave indicator tape in pharmaceutical and healthcare facilities |
Autoclave Indicator Tape Market Highlights:
Frequently Asked Questions (FAQ) :
The autoclave indicator tape market is expected to earn revenue worth 200.4 Million by Forecast Period
The autoclave indicator tape market is assessed to expand at 4.6% CAGR.
The eminent players operating in the autoclave indicator tape market are Spectrum Chemical Manufacturing Corp (U.S), VWR (U.S), Narang Medical Limited (India), Anqing Yiren Medical Material Co., Ltd (China), 3M (U.S), Guangzhou Maidi Medical Co., Ltd (China), Medline Industries, Inc. (the U.S), Komal Health Care Pvt. Ltd. (India), and Thomas Scientific (U.S).
The segments of the autoclave indicator tape market based on method are vacuum autoclave and gravity discharge.
The segments of the autoclave indicator tape market based on packaging material are woven, plastic, paper, and others.
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