Sterilization Indicator Tape Market Size, Share & COVID-19 Impact Analysis, By Type (Steam Indicator Tapes, and Hydrogen Peroxide Tapes), By Application (Healthcare Facilities, Pharmaceutical & Medical Device Companies, and Others), and Regional Forecast, 2021-2028

The global sterilization indicator tape market size was USD 120.3 million in 2020. The global impact of COVID-19 has been significant, with sterilization indicator tape witnessing a slightly positive impact on demand across all regions amid the pandemic. COVID-19 has boosted the demand for sterilization and disinfection across the pharmaceutical, biotechnology, and medical device industries too. Manufacturing facilities in the wake of the pandemic have increased their focus on sterilization, and some key players witnessed advance orders in 2020 for sterilization equipment and consumables, including sterilization tapes and other indicators. The market 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 2021-2028 period.

In the present scenario, there has been a sustained and intense need for efficient sterilization monitoring, especially in healthcare facilities. Also, increasing applications of sterilization indicator tape in healthcare facilities and pharmaceutical companies are influencing the market growth. Furthermore, the introduction of technologically advanced products in the market is expected to fuel the demand for this products. This trend of new product launches, coupled with the increasing penetration of these products in emerging industries, is expected to boost the growth rate of the global market during the forecast period.

Emphasis on Importance of Sterile Medical Instruments to Surge Demand amid COVID-19 Pandemic

The COVID-19 pandemic has had a positive impact on the demand and emphasis on sterilization. The number of sterilization procedures increased significantly because of the growing emphasis on the importance of sterile and infection-free medical instruments during dental practice and surgical procedures to avoid hospital-acquired infection (HAIs).

Additionally, the pandemic has strongly presented the added need for sterilization process and monitoring in hospitals, dental clinics, and other healthcare facilities for reusable medical devices. At a certain level, the pandemic has caused temporary disruptions in the supply chain worldwide. For instance, STERIS states that the company had to temporarily close down its facilities in certain countries that were highly affected due to the COVID-19 pandemic, which further caused temporary disruptions in the supply chain.

LATEST TRENDS

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Strong Emphasis on Sterilization in Healthcare Facilities to Drive Demand for Sterilization Monitoring

The increasing demand for sterilization indicator tape due to increasing emphasis on sterilization in healthcare facilities is poised to augment the market growth. Hospitals and other medical facilities primarily use steam autoclaves to sterilize surgical instruments, such as scalpels, forceps, and lancets. In steam sterilization, mainly chemical tapes are used to validate the process due to their high efficiency to indicate a successful sterilization procedure. It is critical to correctly sterilize surgical instruments to avoid infection and the transmission of diseases from patient to patient.

Also, the stringent regulations and strict protocols related to the sterilization of hospital instruments and medical devices, along with the increasing emphasis on the prevention of hospital-acquired infections, is expected to drive the demand for sterilization indicator products and would provide favorable conditions for the growing demand for sterilization indicator tapes globally.

DRIVING FACTORS

Increasing Applications of Sterilization Indicator Tape in Pharmaceutical and Biotechnology Industry to Drive Growth

Pharmaceutical and biotechnology manufacturing facilities use sterilization indicator tape due to the stringent regulatory policies related to the sterilization process and mandatory current good manufacturing practice regulations imposed by regulatory authorities. Also, the significant growth of the pharmaceutical and biotechnology industry in recent years is likely to encourage the adoption of sterilization validation products with the increasing number of procedures.

According to the Pharmaceutical Research and Manufacturers of America, the U.S. biopharmaceutical industry provided more than USD 102 billion in 2018 on research and development of new products. The rising pharmaceutical research and development activities across the world are anticipated to influence the demand for sterilization validation products, including indicator tapes.

The sterility of pharmaceutical and biotechnology products is one of the critical parameters in the safety of life-saving drugs and therapies, and hence, manufacturers are adopting innovative sterilization indicators. It is thus contributing to the growth of sterilization validation consumables, including sterilization indicator tape.

Rising Prevalence of Hospital-acquired Infections to Spur Market Growth

One of the critical factors set to drive the market growth during the forecast period is the increasing emphasis on sterilization in healthcare facilities to propel the demand for sterilization monitoring. Moreover, unsuccessful sterilization is responsible for the increasing cases of hospital-acquired infections, which is one of the major influencers of the sterilization indicator tape market.

According to a report published by the National Institute for Health and Care Excellence, every year, around 300,000 patients in England suffer from hospital-acquired infections within the NHS facilities. Out of all, 22.8% of patients suffer from respiratory infections, 17.2% acquire urinary tract infections, and 15.7% suffer from surgical site infections. Surgical site infections can be avoided with the efficient use of sterilization indicators during the same process. Thus, the increasing number of hospital-acquired infections is encouraging the usage of sterilization monitoring products, and this is set to fuel the sterilization indicator tape market growth during the forecast period.

RESTRAINING FACTORS

Low Penetration of Sterilization Monitoring in Developing Countries May Hinder Growth

One of the major factors restraining the growth of the market is the low penetration of sterilization indicator tape in developing countries owing to the limited adherence towards sterilization monitoring regulations. Also, the awareness regarding these sterilization monitoring products is low in emerging countries, such as China, India, and Brazil.

Additionally, the adoption of regulatory policies and sterilization norms is limited in developing countries due to the negligence and absence of strict policies towards monitoring and routine evaluation of sterilizers. Hospitals, clinics, nursing homes, laboratories, and local healthcare manufactures avoid the usage of sterilization indicators as a cost-cutting practice. These are the various factors responsible for restraining market growth.

SEGMENTATION

By Type Analysis

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Hydrogen Peroxide Indicator Tapes Segment to Grow at Faster Pace during 2021-2028

On the basis of type, the market is segmented into steam indicator tapes and hydrogen peroxide tapes. The steam indicator tapes segment accounted for the largest share of the market in 2020. The dominance is due to the growing number of surgical procedures that are responsible for increasing the usage of reusable instruments.

A strong emphasis of healthcare facilities towards the sterilization of reusable instruments and steam being the preferred method for sterilization of these instruments is driving the usage of steam indicator tapes globally.

The hydrogen peroxide tapes segment is anticipated to register a significant CAGR in the forecast period. This is primarily due to the high efficiency and sensitivity of these tapes as compared to the other sterilization products.  Moreover, the increasing adoption of hydrogen peroxide sterilization techniques to disinfect heat-sensitive devices and products is anticipated to drive the growth of this segment in the forecast period.

By Application Analysis

Healthcare Facilities Segment Accounted for the Highest Market Share in 2020

Based on the application, the market is trifurcated into healthcare facilities, pharmaceutical & medical device companies, and others. The healthcare facilities segment is projected to account for the largest market share during the forecast period. The increasing demand for sterilization products in healthcare facilities, including hospitals, clinics, and clinical laboratories, for the validation of successful sterilization processes, is supporting market growth. Additionally, surging cases of hospital-acquired infections are encouraging the usage of sterilization tapes to prevent contamination is also favoring the market growth in healthcare facilities.

According to the data published by the European Centre for Disease Prevention and Control, an average prevalence of healthcare-associated infection was around 7.1% in European countries. It estimates that 4.13 million patients are affected by approximately 4.54 million episodes of healthcare-associated infection every year in Europe.

The pharmaceutical & medical device companies segment accounted for a lower share and is set to grow significantly during the forecast period due to the rising emphasis on the sterilization process in pharmaceutical and medical devices manufacturing facilities. This would occur because of the stringent regulations imposed by regulatory authorities.

REGIONAL INSIGHTS

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On the basis of region, the global market is segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. The market size in North America stood at USD 45.4 million in 2020. Major factors driving the growth of the region’s sterilization indicator tapes market are the higher adoption of these products, the presence of well-established healthcare infrastructure, increasing number of hospitals, and stringent regulatory policies for the sterilization of medical devices in the region.

According to the American Hospital Association (AHA), the total number of hospitals in the U.S. grew by an estimated 1.2% from around 5,686 in 2013 to 6,090 in 2019. Moreover, increasing research and development activities in the region are responsible for a surge in demand for sterilization validation products, including sterilization indicator tapes. 

Europe is projected to hold a significant market share in the near future. The rising number of surgical procedures is anticipated to increase the demand for sterilization indicator tape in this region. Additionally, strict sterilization norms to avoid hospital-acquired infections, stringent regulatory policies related to pharmaceutical manufacturing, and emphasis on the sterilization process to ensure the safety and sterility of medical instruments and other devices are expected to bolster regional growth. For instance, according to the data published by the European Commission, in 2018, more than 1.16 million cesarean sections were performed in European countries. The rising number of surgical procedures is responsible for the increasing emphasis on the sterilization of reusable instruments.

Asia Pacific is projected to record the highest CAGR in the forecast period. The increasing number of medical procedures in the region is influencing the demand for sterilization products, such as sterilizing reusable instruments. Also, the rising pharmaceutical production in the region is anticipated to increase the demand for sterilization indicator tape for the validation of this process.

Latin America registered a comparatively lower market share in 2020 and is likely to witness strong growth prospects in the forecast period due to the significant increase in the number of medical procedures and sterilization of reusable instruments. Besides, the increasing adoption of steam sterilization in the biotechnology and pharmaceutical industry, as well as industrial research to sterilize instruments, would augment growth.

The Middle East & Africa recorded a 3.6% CAGR in 2020. The market in this region is influenced by the increasing number of healthcare facilities. The growing number of healthcare settings will require medical devices and consumables, which also include sterilization equipment and consumables such as sterilization indicator tape for medical use.

KEY INDUSTRY PLAYERS

Strong Product Portfolios of 3M, Advanced Sterilization Products (ASP), and STERIS plc to Lead to Their Market Dominance

The global market includes a large number of players operating and competing to achieve a dominant position. This includes the presence of established players and also emerging companies at the domestic level. The most dominant players operating in this market are 3M, Advanced Sterilization Products (ASP), and STERIS plc.

Collectively, these key players account for a dominant proportion of the global market owing to their robust portfolios for sterilization validation and strong distribution networks. Also, these players are actively involved in strategic collaborations and agreements for the development and marketing of products.

Moreover, new product launches and product approval are also responsible for the dominance of these players. For instance, in January 2018, Steris launched the VERIFY All-In-One Reusable Test Pack in the market. It is a multipurpose reusable test pack designed to assist steam sterilizers.

LIST OF KEY COMPANIES PROFILED:

• STERIS plc.  (The U.S.)


• 3M (U.S.)


• Crosstex International, Inc. (U.S.)


• Healthmark Industries Company, Inc. (U.S.)


• Advanced Sterilization Products (ASP) (U.S.)


• GKE GmbH (Germany)


• Terragene (Argentina)


• Getinge (Sweden)


• VP Group (Germany)


• Certol International (U.S.)


• Propper Manufacturing (U.S.)


• PMS Healthcare Technologies Corporation (Turkey)


• Kartell (Italy)


• Deltalab (Spain)


• Hu-Friedy Mfg. Co., LLC (U.S.)


• Defend by Young Mydent LLC (U.S.)


• Shinva (China)


• Jiangmen New Times Adhesive Technology Co., Ltd. (China)


• Excelsior Scientific (UK)


• 4A Medical (Turkey)

KEY INDUSTRY DEVELOPMENTS:

• February 2020– Cantel Group, the parent company of Crosstex, completed the previously announced acquisition of Hu-Friedy Mfg. Co., LLC. After the acquisition, the new dental division of Cantel Medical started offering brands, such as Crosstex, Accutron, SPSmedical, Palmero Healthcare, J & J Instruments, and Hu-Friedy.

REPORT COVERAGE

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The global sterilization indicator tape market research report provides a detailed analysis of the market. It focuses on key aspects such as disease burden – by key region, healthcare overview – selective countries, COVID-19 impact on the market, an overview of customers, industry trends – emerging markets to drive growth, competitive landscape, and key mergers, acquisitions & partnerships. Besides this, the report offers insights into the market trends and highlights vital industry dynamics. In addition to the factors mentioned above, it encompasses several factors that have contributed to the growth of the global market over recent years.

Report Scope & Segmentation