A new report published by Transparency Market Research (TMR) published a report on the global chemical indicator inks market. The report, titled “Chemical Indicator Inks Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 – 2020”, is available for sale on the company’s website. The report offers a comprehensive overview of the market.According to the report, the global chemical indicator inks market was worth US$30.2 mn in 2013 and is expected to reach US$53.1 mn by 2020, growing at a CAGR of 8.4% from 2014 to 2020. This robust growth rate will be fueled by the growing need for sterilization monitoring and a pressing need to avert the spread of hospital-related infections.
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Browse the full Chemical Indicator Inks (Solvent-based, Water-based and UV-Cured) Market by Sterilization Process (Steam, Ethylene Oxide, Hydrogen Peroxide & Plasma, Formaldehyde and Other) and Printing Process (Flexographic Printing, Rotogravure Printing and Screen Printing) for Sterile Bags, Sterile Bottles, IV & Blood Containers, Prefillable Syringes, Thermoformed Trays, Pouches, Tapes, Tags and Labels and Other Applications – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 – 2020
Chemical indicator inks are used in several sterilization monitoring processes, as they change color when exposed to certain sterilants at set temperatures. The change indicates that the process of sterilization is complete and the instruments are safe to be used for the next surgery. The factors contributing to the growth of the global chemical indicator inks market are the growing number of nosocomial infections and strict rules about sterilization in the healthcare sector. Thus, analysts predict this will foster the growth of global chemical indicators inks market in various sectors.