Biological Indicator Incubators Market Size, Share & Industry Analysis, By Type (Biological Indicator Incubators for Steam, Biological Indicator Incubators for Ethylene Oxide (EO), Biological Indicator Incubators for both EO & Steam), By Application (Food & Beverage industries, Medical & Healthcare sector, Pharmaceutical manufacturing, Others) and Regional Forecast, 2024-2032

Region :Global | Report ID: FBI103127 | Status : Ongoing

KEY MARKET INSIGHTS

Biological indicator incubator is a device specially designed for the incubation of biological indicators for ethylene oxide and steam and allows verification of its incubation temperature by using a digital display. The incubator has several holes to place the biological indicators and the vial blocks are changeable and are available in different measures adapting to a large number of biological indicators. Increased production of biologics and biosimilars leading to the simultaneous rise in demand for biological indicator incubators, various advantages offered by them, increasing number of product launches by key players are some of the factors that are expected to augment the market growth in the upcoming years. For instance, in July 2016, 3M launched 3M Attest Rapid Readout Biological Indicator System which gives biological results for vaporized hydrogen peroxide sterilization in 4 hours.

Increased production of biologics and biosimilars leading to the simultaneous rise in demand for biological indicator incubators, various advantages offered by them, increasing number of product launches by key players are some of the factors that are driving the market growth.

However, high costs associated with the biological indicator incubator is likely to decline the growth of the biological indicator incubator market.

Key Market Driver -

Increased production of biologics and biosimilars, increasing number of product launches by key players

Key Market Restraint -

High costs associated with biological indicator incubators

Market Segmentation:

By type, the market can be segmented into biological indicator incubators for steam, biological indicator incubators for ethylene oxide (EO), and biological indicator incubators for both EO & steam. By application, the market can be segmented into food & beverage industries, medical & healthcare sector, pharmaceutical manufacturing, and others.

Geographically, the biological indicator incubators market can be segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.

Key Players Covered:

The major companies in the global biological indicator incubator market report includes 3M, Biolab Scientific, Medline Industries, Inc., Hercuvan Lab Systems, Excelsior Scientific., STERIS plc., Labstac Ltd., and other prominent players.

Key Insights

New Product Launches

Technological Advancements in Biological Indicator Incubator

Key Industry Developments – Mergers & Acquisitions, Partnerships

Regional Analysis:

The global biological indicator incubator market is expected to be segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America is anticipated to lead the global biological indicator incubator market due to the rising application of Biological Indicator Incubator because of the increasing production of biosimilars and biologics in this region. According to an article published by Drugs.com, currently, the FDA has approved about 26 biosimilars in the United States. Europe is likely to have substantial market growth throughout the forecast period owing to the increasing government findings for improved healthcare facilities. Asia Pacific is expected to witness growth with the highest CAGR during the forecast period due to the awareness about the advanced technologies among the people and the high demand of the biological incubators. On the other hand, Latin America and the Middle East and Africa is projected to have a lucrative growth in the biological indicator incubator market in the upcoming years owing to the rising demand for advanced healthcare technologies.

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Segmentation

ATTRIBUTE	DETAILS
By Type	Biological Indicator Incubators for Steam Biological Indicator Incubators for Ethylene Oxide (EO) Biological Indicator Incubators for both EO & Steam
By Application	Food & Beverage industries Medical & Healthcare sector Pharmaceutical manufacturing Others
By Geography	North America (USA, Canada) Europe (UK, Germany, France, Italy, Spain, Scandinavia and Rest of Europe) Asia Pacific (Japan, China, India, Australia, Southeast Asia and Rest of Asia Pacific) Latin America (Brazil, Mexico, Rest of Latin America) Middle East & Africa (South Africa, GCC and Rest of Middle East & Africa)

Biological Indicator Incubators Industry Developments

In April 2018, 3M received FDA clearance for its 3M Attest Super Rapid Biological Indicator (BI) System for Steam which provides the test results in 24 minutes.

In July 2016, 3M launched 3M Attest Rapid Readout Biological Indicator System providing biological results for vaporized hydrogen peroxide sterilization in just four hours.

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Biological Indicator Incubators Market Report

PUBLISHING STATUS: Ongoing
BASE YEAR: 2023
HISTORICAL DATA: 2019-2022

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