(EMAILWIRE.COM, September 06, 2018 ) This report covers the present scenario (with the base year being 2017) and the growth prospects of global Biological Indicators market for 2018-2023.

Biological indicators (BIs), as defined by ANSI/AAMI and ISO, are test systems containing viable microorganisms providing a defined resistance to a specific sterilization process. A biological indicator provides information on whether necessary conditions were met to kill a specified number of microorganisms for a given sterilization process, providing a level of confidence in the process.
North America region is the largest supplier of Biological Indicators, with a production market share nearly 54% in 2016. Europe is the second largest supplier of Biological Indicators, enjoying production market share nearly 33% in 2016.
North America is the largest consumption place, with a consumption market share nearly 45% in 2016. Following North America, Europe is the second largest consumption place with the consumption market share of 28%.
Over the next five years, this report projects that Biological Indicators will register a 6.0% CAGR in terms of revenue, reach US$ 410 million by 2023, from US$ 290 million in 2017.

This report presents a comprehensive overview, market shares and growth opportunities of Biological Indicators market by product type, application, key companies and key regions.

To calculate the market size, this report considers value generated from the sales of the following segments:

Segmentation by product type:
Self-Contained Biological Indicator
Biological Indicator Strip
Segmentation by application:
Hospital
Pharma Companies
Other

We can also provide the customized separate regional or country-level reports, for the following regions:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The report also presents the market competition landscape and a corresponding detailed analysis of the major players in the market. The key players covered in this report:
3M
Getinge Group
Cantel Medical
Mesa Laboratories
Steris
Fuze Medical
Matachana
Hu-Friedy
Advanced Sterilization
Bag Health Care
Terragene
Andersen
GKE

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key players and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives
To study and analyze the global Biological Indicators market size by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023.
To understand the structure of Biological Indicators market by identifying its various subsegments.
Focuses on the key global Biological Indicators players, to define, describe and analyze the value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Biological Indicators with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the size of Biological Indicators submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.

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