The global chemical indicator inks market has reported impressive growth in recent times. The demand from surgical instrument for chemical indicator inks is registering a continual rise, owing to which this market seems to be thriving. The value of the market was US$30.2 million in 2013, according to U.S.-based market intelligence firm Transparency Market Research.
Browse Market Research Report of Chemical Indicator Inks Market: http://www.transparencymarketresearch.com/chemical-indicator-inks-market.html Let’s take a look at the current and upcoming trends in the global chemical indicator inks market
Analysts at TMR have predicted that the chemical indicator inks market, worldwide, will expand at a CAGR of 8.4% from 2014 to 2020 and reach a value of US$53.1 million by the end of the forecast period, on account of rising awareness pertaining to hospital-acquired infections, demand for effective sterilization monitoring methods, and the entry of cost-efficient Chinese chemical indicators inks in the global market. However, several cases of inaccurate results produced by chemical indicators have been reported, resulting in bad publicity and eventually restricting the market’s growth prospects. Limited shelf life of indicator inks is also a big issue faced by this industry. Tempil, Riken Chemical Co. Ltd., STERIS Corp., Propper Manufacturing Co. Inc., 3M, Terragene SA, Crosstex International Inc., gke GmbH, ETIGAM, North American Science Associates Inc., SteriTec Products Inc., and NiGK Corp. are some of the major participants of the global chemical indicator inks market. About Us Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information. TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.
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