Chemical indicator inks are utilized for monitoring sterilization. Chemical indicators are of a type of indicators in which change color indicate successful sterilization of any surgical accessory/equipment. When it is exposed to the specific type of sterilants, through pre-defined temperature conditions, it experiences a permanent color change.

The global chemical indicator inks market report has been segmented on the basis of product, sterilization process, application, and region.

On the basis of product, the global chemical indicator inks market has been segmented into solvent-based, water-based, and UV-cured. The water-based chemical indicator inks segment is expected to account for significant share in the global chemical indicator inks market in terms of revenue. The UV-cured segment is anticipated to register highest CAGR over the forecast period in terms of revenue, owing to the technological innovations in this segment.

On the basis of application, the global chemical indicator inks market has been segmented into sterile bags, sterile bottles, IV & blood containers, tapes, prefilled syringes, pouches, and others (tags, and labels). The tapes segment is expected to account for major share in the global chemical indicator inks market in terms of revenue. The pouches segment is anticipated to register highest CAGR over the forecast period in terms of revenue, owing to its high-quality product packaging solutions.

On the basis of region, the global chemical indicator inks market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

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Market in North America is estimated to account for significant revenue share in the global chemical indicator inks market, and is anticipated to register highest growth rate in terms of revenue in the next eight years, owing to increasing demand from healthcare industries from emerging economics such as China and India in this region.

Key players operating in the global market include RIKEN CHEMICAL Co., Ltd., NORTH AMERICAN SCIENCE ASSOCIATES INC., SteriTec Products, 3M, Americaneagle.com, Inc., NiGK Corporation, Propper Manufacturing, Etigam bv, Terragene, and Crosstex International, Inc.