Global Chemical Indicator Inks Market 2017-2021

Global Chemical Indicator Inks Market 2017-2021

About Chemical Indicator Inks

Chemical indicator inks are commonly used to monitor one or more procedural parameters of a sterilization cycle. They provide a visual indication through the change in color of the ink on exposure to sterilants and other specific conditions. As sterilization is one of the most vital procedures carried out in the healthcare industry to avoid the spread of infection, appropriate sterilization of surgical instruments, equipment, and others for patient care and surgery is one of the critical aspects of the modern healthcare industry.

Technavio’s analysts forecast the global Chemical Indicator Inks market to grow at a CAGR of 7.99% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global chemical indicator inks market for 2017-2021. To calculate the market size, the report considers the retail selling price as the average selling price of the product.

The market is divided into the following segments based on geography:

  • APAC
  • Europe
  • North America
  • ROW
Technavio's report, Global Chemical Indicator Inks Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • 3M
  • Getinge
  • LA-CO Industries
  • NOF Corporation
  • RIKEN CHEMICAL
Other prominent vendors
  • Crosstex International
  • Etigam
  • gke
  • North American Science Associates
  • Propper Manufacturing
  • STERIS
  • Terragene
Market driver
  • Increased demand from medical industry
  • For a full, detailed list, view our report
Market challenge
  • Volatility in raw material prices
  • For a full, detailed list, view our report
Market trend
  • Rising investment in medical industry
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Global Chemical Indicator Inks Market 2017-2021

Technavio recognizes the following companies as the key players in the global chemical indicator inks market: 3M, Getinge, LA-CO Industries, NOF Corporation, and RIKEN CHEMICAL.

Other Prominent Vendors in the market are: Crosstex International, Etigam, gke, North American Science Associates, Propper Manufacturing, STERIS, and Terragene.

Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is rising investment in medical industry. The increase in the spending in the medical sector is mainly dependent on the rise in population and change in lifestyle. The growing investment in the medical sector from countries such as the US, Germany, India, and China is expected to drive the demand for chemical indicator inks during the forecast period.”

According to the report, one of the major drivers for this market is Increased demand from medical industry. The chemical indicator inks are mainly used in the sterilization monitoring process. They act as visual indicators and change colors when exposed to certain sterilants and specific conditions. The sterilization procedures are predominantly used in surgical instruments, as they come in direct contact with the patient during any surgical procedure. Surgical instruments are commonly used for therapeutic segments such as dermatology, oncology, cardiology, neurology, general surgery, dentistry, and gastroenterology.

Further, the report states that one of the major factors hindering the growth of this market is Volatility in raw material prices. Main raw materials used for the production of chemical indicator ink are solvent, resins, colorants, and additives. One of the principal suppliers of raw materials for the global chemical indicator inks market is the oil and gas industry. The volatility in the crude oil prices has a severe effect on the prices of byproducts produced from crude oil, affecting the costs of petroleum solvents and resins, which in turn will affect the price of chemical indicator inks. The price of crude oil per barrel decreased at a rate of approximately 60% in 2016 as compared with 2015. High inventory levels and relatively high production lowered crude oil prices in 2016.

Companies Mentioned

3M, Getinge, LA-CO Industries, NOF Corporation, RIKEN CHEMICAL, Crosstex International, Etigam, gke, North American Science Associates, Propper Manufacturing, STERIS, and Terragene.

  • Executive summary
  • Scope of the report
  • Research Methodology
  • Introduction
    • Market outline
      • Table Factors to be considered for selecting a chemical indicator ink
  • Market landscape
    • Market size and forecast
      • Table Global chemical indicator inks market 2016 and 2021 ($ millions)
      • Table Market forecast: Global chemical indicator inks market 2016-2021
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by product
    • Global chemical indicator inks market by product
      • Table Global chemical indicator inks market by product 2016
      • Table Global chemical indicator inks market by product 2021
    • Global water-based chemical indicator inks market
      • Table Global water-based chemical indicator inks market 2016 and 2021 ($ millions)
      • Table Market forecast: Global water-based chemical indicator inks market 2016-2021
    • Global solvent-based chemical indicator inks market
      • Table Global solvent-based chemical indicator inks market 2016 and 2021 ($ millions)
      • Table Market forecast: Global solvent-based chemical indicator inks market 2016-2021
    • Global UV-cured chemical indicator inks market
      • Table Global UV-cured chemical indicator inks market 2016 and 2021 ($ millions)
      • Table Market forecast: Global UV-cured chemical indicator inks market 2016-2021
  • Market segmentation by printing process
    • Global chemical indicator inks market by printing process
      • Table Global chemical indicator inks market by printing process 2016
      • Table Global chemical indicator inks market by printing process 2021
    • Global chemical indicator inks market by flexographic printing
      • Table Global chemical indicator inks market by flexographic printing 2016 and 2021 ($ millions)
      • Table Market forecast: Global chemical indicator inks market by flexographic printing 2016-2021
    • Global chemical indicator inks market by rotogravure printing
      • Table Global chemical indicator inks market by rotogravure printing 2016 and 2021 ($ millions)
      • Table Market forecast: Global chemical indicator inks market by rotogravure printing 2016-2021
    • Global chemical indicator inks market by screen printing
      • Table Global chemical indicator inks market by screen printing 2016 and 2021 ($ millions)
      • Table Market forecast: Global chemical indicator inks market by screen printing 2016-2021
  • Market segmentation by sterilization process
    • Global chemical inks market by sterilization process
      • Table Global chemical indicator inks market by sterilization process 2016
      • Table Global chemical indicator inks market by sterilization process 2021
    • Global chemical indicator inks market by steam sterilization
      • Table Global chemical indicator inks market by steam sterilization 2016 and 2021 ($ millions)
      • Table Market forecast: Global chemical indicator inks market by steam sterilization 2016-2021 (millions)
    • Global chemical indicator inks market by ethylene oxide sterilization
      • Table Global chemical indicator inks market by ethylene oxide sterilization 2016 and 2021 ($ millions)
      • Table Market forecast: Global chemical indicator inks market by ethylene oxide sterilization 2016-2021
    • Global chemical indicator inks market by hydrogen peroxide and plasma sterilization
      • Table Global chemical indicator inks market by hydrogen peroxide and plasma sterilization 2016 and 2021 ($ millions)
      • Table Market forecast: Global chemical indicator inks market by hydrogen peroxide and plasma sterilization 2016-2021
    • Global chemical indicator inks market by formaldehyde sterilization
      • Table Global chemical indicator inks market by formaldehyde sterilization 2016 and 2021 ($ millions)
      • Table Market forecast: Global chemical indicator inks market by formaldehyde sterilization 2016-2021
    • Global chemical indicator inks market by other sterilization processes
      • Table Global chemical indicator inks market by other sterilization processes 2016 and 2021 ($ millions)
      • Table Market forecast: Global chemical indicator inks market by other sterilization processes 2016-2021
  • Market segmentation by application
    • Global chemical indicator inks market by application
      • Table Global chemical indicator inks market by application 2016
  • Geographical segmentation
    • Global chemical indicator inks market by geography
      • Table Global chemical indicator inks market by geography 2016
      • Table Global chemical indicator inks market by geography 2021
    • Chemical indicator inks market in North America
      • Table Chemical indicator inks market in North America 2016 and 2021 ($ millions)
      • Table Market forecast: Chemical indicator inks market in North America 2016-2021
    • Chemical indicator inks market in Europe
      • Table Chemical indicator inks market in Europe 2016 and 2021 ($ millions)
      • Table Market forecast: Chemical indicator inks market in Europe 2016-2021
    • Chemical indicator inks market in APAC
      • Table Chemical indicator inks market in APAC 2016 and 2021 ($ millions)
      • Table Market forecast: Chemical indicator inks market in APAC 2016-2021
    • Chemical indicator inks market in ROW
      • Table Chemical indicator inks market in ROW 2016 and 2021 ($ millions)
      • Table Market forecast: Chemical indicator inks market in ROW 2016-2021
  • Decision framework
  • Drivers and challenges
    • Market drivers
      • Table Medical tourism: Geographic segmentation by value 2015
      • Table Foreign tourist arrival within APAC for medical tourism 2015
      • Table Global population percentage 2015
      • Table Global aging population forecast 2015-2020 (millions)
    • Market challenges
  • Market trends
    • Rising investment in medical industry
    • Growing demand for bio-based chemical indicator inks
    • Robotic surgery: A future trend
  • Vendor landscape
    • Competitive scenario
    • Key market vendors
      • Table Key vendors in chemical indicator inks market 2016
    • Other prominent vendors
  • Key vendor analysis
    • 3M
      • Table 3M: Business segmentation by revenue 2016
      • Table 3M: Geographic segmentation by revenue 2016
    • Getinge
      • Table Getinge: Business segmentation by revenue 2016
      • Table Getinge: Geographic segmentation by revenue 2016
    • LA-CO Industries
      • Table LA-CO Industries: Product offerings 2016
    • NOF Corporation
      • Table NOF Corporation: Business segmentation by revenue 2016
      • Table NOF Corporation: Geographic segmentation by revenue 2016
    • RIKEN CHEMICAL
      • Table RIKEN CHEMICAL: Product offering 2016
  • Appendix
    • List of abbreviations
  • Explore Technavio

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