Global Sterility Indicators Market to Reach $2.4 Billion by 2030
The global market for Sterility Indicators estimated at US$1.2 Billion in the year 2023, is expected to reach US$2.4 Billion by 2030, growing at a CAGR of 10.5% over the period 2023-2030. Biological Sterility Indicators, one of the segments analyzed in the report, is expected to record 9.3% CAGR and reach US$1.3 Billion by the end of the analysis period. Growth in the Chemical Sterility Indicators segment is estimated at 12.2% CAGR for the next 7-year period.
The U.S. Market is Estimated at $317 Million, While China is Forecast to Grow at 13.6% CAGR
The Sterility Indicators market in the U.S. is estimated at US$317 Million in the year 2023. China, the world`s second largest economy, is forecast to reach a projected market size of US$548.5 Million by the year 2030 trailing a CAGR of 13.6% over the analysis period 2023 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 7.2% and 8.7% respectively over the 2023-2030 period. Within Europe, Germany is forecast to grow at approximately 8.1% CAGR.
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