The global steam and hydrogen peroxide biological indicators market size was estimated to be USD 0.698 billion in 2023 and is expected to reach at USD 1.62 billion by 2034 with a CAGR of 7.95% during the forecast period 2024-2034. Growing sterilization in healthcare facilities, food & beverage, biotechnology & pharmaceutical industries, surge in new product launches, rising demand for rapid biological indicators by drug & medical device manufacturers, increasing focus on sterilization in healthcare facilities, growing prevalence of chronic diseases, surge in demand & adoption of sterilizers, and surge in approvals by regulatory bodies for novel products are several major factors driving the market's expansion.
Surge in approvals by regulatory bodies for novel products is predicted to boost the market growth during the forecast period. Production efficiency is rising as biopharmaceutical and medical device manufactures need faster readily available biological indicators than traditional products. Rapid biological indicators are expected to become more popular among customers since they provide results in a shorter amount of time than conventional goods. For instance, in June 2023, 3M has obtained marketing authorization for the 3M Attest Rapid Readout Biological Indicator 1295, which is specifically created for the regular monitoring of sterilization processes involving vaporized hydrogen peroxide.
By product, self-contained vials was the highest revenue-grossing segment in the global steam and hydrogen peroxide biological indicators market in 2023 owing to increasing adoption of self-contained vials due to various benefits, and rising launch of innovative products. Additionally, Spore strips is predicted to grow at fastest CAGR during the forecast period owing to the growing demand for these products in sterilization monitoring for process challenge devices in small clinics & healthcare facilities and surge in mergers & acquisitions within market players. For instance, in March 2022, Tuttnauer has completed the acquisition of Prestige Medical Limited, a company based in the United Kingdom that focuses on the production and distribution of sterilization equipment.
By application, healthcare facilities was the highest revenue-grossing segment in the global steam and hydrogen peroxide biological indicators market in 2023 owing to the rise in hospital-acquired illnesses, many healthcare institutions are placing a strong emphasis on the sterilization procedure. Additionally, Pharmaceutical & medical device companies is predicted to grow at fastest CAGR during the forecast period owing to the Government laws governing sterilization and contamination prevention are becoming more-strict as a result of more frequent product recalls. For instance, in February 2023, Global Pharma's product, EzriCare Artificial Tears, has been subject to a voluntary recall by the U.S. FDA due to the possibility of bacterial contamination.
North America region is anticipated for the highest revenue share during the forecast period owing to the rising focus on development of novel steam and hydrogen peroxide indicators, increasing prevalence of hospital acquired infections, growing demand for sterilization monitoring devices, and surge in partnership & collaborations within market players. For instance, in October 2022, STERIS has collaborated with ChargePoint Technology Group to offer a sterile solution to the chemical company Evonik. This solution involves the utilization of Steris Vaporized Hydrogen Peroxide (VHP) bio-decontamination system. Additionally, Asia Pacific region is predicted to grow at fastest CAGR during the forecast period owing to the growing awareness regarding the steam & hydrogen peroxide biological indicators, increasing demand for sterilizers, and rising launch of new products by market players. For instance, in April 2022, Mesa Laboratories is pleased to introduce its latest product, Apex EZTest, which is a self-contained biological indicator (SCBI) designed to monitor the effectiveness of ambient pressure vaporized hydrogen peroxide (VH2O2) procedures.
Surge in approvals by regulatory bodies for novel products is predicted to boost the market growth during the forecast period. Production efficiency is rising as biopharmaceutical and medical device manufactures need faster readily available biological indicators than traditional products. Rapid biological indicators are expected to become more popular among customers since they provide results in a shorter amount of time than conventional goods. For instance, in June 2023, 3M has obtained marketing authorization for the 3M Attest Rapid Readout Biological Indicator 1295, which is specifically created for the regular monitoring of sterilization processes involving vaporized hydrogen peroxide.
By product, self-contained vials was the highest revenue-grossing segment in the global steam and hydrogen peroxide biological indicators market in 2023 owing to increasing adoption of self-contained vials due to various benefits, and rising launch of innovative products. Additionally, Spore strips is predicted to grow at fastest CAGR during the forecast period owing to the growing demand for these products in sterilization monitoring for process challenge devices in small clinics & healthcare facilities and surge in mergers & acquisitions within market players. For instance, in March 2022, Tuttnauer has completed the acquisition of Prestige Medical Limited, a company based in the United Kingdom that focuses on the production and distribution of sterilization equipment.
By application, healthcare facilities was the highest revenue-grossing segment in the global steam and hydrogen peroxide biological indicators market in 2023 owing to the rise in hospital-acquired illnesses, many healthcare institutions are placing a strong emphasis on the sterilization procedure. Additionally, Pharmaceutical & medical device companies is predicted to grow at fastest CAGR during the forecast period owing to the Government laws governing sterilization and contamination prevention are becoming more-strict as a result of more frequent product recalls. For instance, in February 2023, Global Pharma's product, EzriCare Artificial Tears, has been subject to a voluntary recall by the U.S. FDA due to the possibility of bacterial contamination.
North America region is anticipated for the highest revenue share during the forecast period owing to the rising focus on development of novel steam and hydrogen peroxide indicators, increasing prevalence of hospital acquired infections, growing demand for sterilization monitoring devices, and surge in partnership & collaborations within market players. For instance, in October 2022, STERIS has collaborated with ChargePoint Technology Group to offer a sterile solution to the chemical company Evonik. This solution involves the utilization of Steris Vaporized Hydrogen Peroxide (VHP) bio-decontamination system. Additionally, Asia Pacific region is predicted to grow at fastest CAGR during the forecast period owing to the growing awareness regarding the steam & hydrogen peroxide biological indicators, increasing demand for sterilizers, and rising launch of new products by market players. For instance, in April 2022, Mesa Laboratories is pleased to introduce its latest product, Apex EZTest, which is a self-contained biological indicator (SCBI) designed to monitor the effectiveness of ambient pressure vaporized hydrogen peroxide (VH2O2) procedures.
Segmentation: Steam and Hydrogen Peroxide Biological Indicators Market Report 2022 - 2033
Steam and Hydrogen Peroxide Biological Indicators Market Analysis & Forecast by Product 2023 - 2034 (Revenue USD Bn)
- Spore Strips
- Self-Contained Vials
- Spore-Suspension
Steam and Hydrogen Peroxide Biological Indicators Market Analysis & Forecast by Application 2023 - 2034 (Revenue USD Bn)
- Pharmaceutical & Medical Device Companies
- Healthcare Facilities
- Others
Steam and Hydrogen Peroxide Biological Indicators Market Analysis & Forecast by Region 2023 - 2034 (Revenue USD Bn)
North America
- U.S.
- Canada
Europe
- Germany
- France
- UK
- Spain
- Italy
- Rest of Europe
Asia Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of APAC
Latin America
- Brazil
- Mexico
- Argentina
- Rest of LATAM
Middle East & Africa
- South Africa
- GCC
- Rest of MEA
Table of Contents
1. Research Methodology
2. Introduction
4. Market Environment Analysis
5. Market Dynamics
7. Steam and Hydrogen Peroxide Biological Indicators Market: Product Estimates & Trend Analysis
8. Steam and Hydrogen Peroxide Biological Indicators Market: Application Estimates & Trend Analysis
9. Regional Market Analysis
10. North America Steam and Hydrogen Peroxide Biological Indicators Market
11. Europe Global Steam and Hydrogen Peroxide Biological Indicators Market
12. Asia Pacific Global Steam and Hydrogen Peroxide Biological Indicators Market
13. Latin America Global Steam and Hydrogen Peroxide Biological Indicators Market
14. MEA Global Steam and Hydrogen Peroxide Biological Indicators Market
15. Competitor Analysis
16. Company Profiles
Companies Mentioned
- Cantel Medical LLC
- 3M
- STERIS
- Terragene
- Getinge
- Keir Surgical LTD
- Mesa Labs Inc
- Tuttnauer
- Verrix
- Bioquell
- An Ecolab Solution
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 145 |
| Published | October 2023 |
| Forecast Period | 2023 - 2034 |
| Estimated Market Value ( USD | $ 0.7 Billion |
| Forecasted Market Value ( USD | $ 1.62 Billion |
| Compound Annual Growth Rate | 7.9% |
| Regions Covered | Global |
| No. of Companies Mentioned | 11 |
