Autoclave Indicator Tape Market Sales Revenue, Worldwide Analysis, Competitive Landscape, Future Trends, Industry Size and Regional Forecast to 2023

Packaging and Printing

Summary

Global Autoclave Indicator Tape Market Size, Share, Growth, Trends, Analysis, By Method (Gravity Discharge, Vacuum Autoclave) By backing material (Paper, Plastic, Woven and Others) and Region - Forecast 2017-2023

Autoclave Indicator Tape Market Overview

An autoclave is essentially a large steel vessel, through which steam or another gas is circulated to sterilize things. A Steam autoclave indicator tape contains no lead or other toxic heavy metals. It is manufactured for closing packages, instrument wraps, and other items requiring steam sterilization. The autoclave tape can be utilized for monitoring steam sterilization processes and changes color when sterilization is complete. Although best known as sterilizers, autoclaves can also be used to carry out all sorts of industrial processes and scientific experiments that work best at high-temperatures and pressures. Unlike sterilizing autoclaves, which usually circulate steam, industrial and scientific autoclaves may circulate other gases to encourage particular chemical reactions to take place.

Market is expected to reach at market size of ~ USD 808.2 Million by the end of forecast period with CAGR of ~5 % between 2017 and 2023.

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Key Players 

The major players operating in the market of global Autoclave Indicator Tape Market are 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).

Regional Analysis

Region-wise analysis of the global autoclaves indicator tape market was performed by segmenting the market into North America, Europe, Asia-Pacific and RoW. Americas are expected to be the largest market for autoclave by 2023. Apart from the significant investments made in the US, the growth of this market will be driven by investments in research facilities from Brazil, Chile, and Columbia.

Asia-Pacific region dominates the global autoclave indicator tape market in terms of revenue share. Asia-Pacific autoclave market is anticipated to reach USD 247.1 million by the end of 2023. This can be attributed to the rapid migration of R&D companies in the region. International companies from Europe and North America are shifting their R&D laboratories in Asia Pacific region.

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Segmental Analysis

Autoclave Indicator Tape Market has been segmented based on Method, Backing Material, and Region. On the basis of Method, the market is segmented as Gravity Discharge and Vacuum Autoclave.

On the basis of Backing Material, the market is segmented as Paper, Plastic, Woven and others.

On the basis of Region, market is segmented as North America, Europe, Asia Pacific and ROW (Rest Of the World).

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