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Sterilization Indicator Tape Market to Hit USD 171.5 Million in 2028; Usage of Steam Autoclaves to Sterilize Surgical Instruments will Favor Growth: Fortune Business Insights™

Sterilization Indicator Tape Market to Hit USD 171.5 Million in 2028; Usage of Steam Autoclaves to Sterilize Surgical Instruments will Favor Growth: Fortune Business Insights™

The global sterilization indicator tape market is set to gain momentum from the rising usage of steam autoclaves for purifying surgical instruments, such as lancets, forceps, and scalpels. The National Center for Biotechnology Information declared that when used for 3-12 hours, chemicals, namely, hydrogen peroxide (7.5%), glutaraldehyde (≥2.4%), and peracetic acid (PAA) (0.2%) can sterilize instruments. As per a report by Fortune Business Insights™, titled, “Sterilization Indicator Tape Market, 2021-2028,” the market size was USD 120.3 million in 2020. It is projected to grow from USD 125.4 million in 2021 to USD 171.5 million in 2028 at a CAGR of 4.6% in the forecast period.

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COVID-19 Pandemic: Rising Importance of Sterilizing Medical Instruments to Aid Growth

The outbreak of the COVID-19 pandemic has positively impacted this industry. This occurred mainly due to the surging emphasis on the significance of having infection-free and sanitized medical instruments amid surgical and dental procedures to curb transmission of the virus, as well as prevent hospital acquired infection (HAIs). Our research reports will help you to overcome this grave situation by selecting the right strategy.

Segments-

Steam Indicator TapesSegment to Lead Backed by Sterilization of Reusable Instruments

Based on the application, the market for sterilization indicator tap is divided into healthcare facilities, pharmaceutical & medical device companies, and others. By type, it is segregated into steam indicator tapes and hydrogen peroxide tapes. Amongst these, the steam indicator tapes segment generated the largest sterilization indicator tape market share in 2020. The rising sanitization of reusable instruments would drive the segment.

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