Global Antimicrobial Coatings for Medical Devices Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2028
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“Global Antimicrobial Coatings for Medical Devices Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2028” is a recent report generated by MarketResearch.biz. The global antimicrobial coatings for medical devices market report has been segmented on the basis of type of materials, device type, application, and region.
Global Antimicrobial Coatings for Medical Devices Market: Overview
Antimicrobial coatings for medical devices are, non-toxic, bio stable, and biocompatible. A wide range of medical devices are coated with various antimicrobial coatings in order to eliminate the chances of deadly infections. Healthcare providers are carrying out various research and development activities to improve patient health as well as reduce the threat of infections at hospitals or clinics. Pathogens that causes healthcare associated infections are posing challenge to clinics and hospitals. Antimicrobial medical device coatings materials include various types of polymers that are applied on devices such as catheters to different medical electronics. Generally, parylene–thin film polymer coating is used which is made by chemical vapor deposited (CVD) of polymers. This technology coupled with the benefits of parylene polymers has an effective antimicrobial property to remove harmful microorganisms on coated components or medical devices, various urological tools, medical electronics, catheter, and such as any devices that come in direct contact with body.
Global Antimicrobial Coatings for Medical Devices Market: Dynamics
Increasing number of cases of hospital acquired diseases is a key factor expected to drive the growth of the global market over the forecast period. In addition, rising emphasis on hygiene, favorable research and funding by various private and public institutes, growing geriatric population, increasing incidences of chronic diseases. The above mentioned are some of the other factors expected to drive growth revenue of the global market. However, stringent regulations by governing bodies, and lack of standardization tools in some of the developing and under developing countries are some of the major factors expected to restraint growth of the target market to a significant extent.
Global Antimicrobial Coatings for Medical Devices Market: Segment Analysis
Among the material segments, metal coating is projected to account for majority of revenue share in the global market over next 10 years. This is due to, metals coating includes silver, copper, and many others which are proven as a highly effective antimicrobial agent and is widely used for coating medical devices.
Global Antimicrobial Coatings for Medical Devices Market: Trends
Growing interest of patients for medical coatings with antimicrobial protection for devices in order to eliminate the chance of infections. As a result, various manufacturers are looking for developing antimicrobial coatings for medical devices that meets to FDA compliance rules. The aforementioned is currently major trend witnessed in the target market.
Global Antimicrobial Coatings for Medical Devices Market: Regional Analysis
In 2019, the markets in North America projected to account for highest revenue in terms of value in the target market over the forecast period. This is primarily attributed to, increasing cases of hospital acquired diseases such as bloodstream infection (BSI), pneumonia, urinary tract infection (UTI), surgical site infection (SSI), and many other. According to the Centers for Disease Control and Prevention, 1 in 20 patients in US acquire infections during hospital stays. The markets in Asia Pacific is expected to account for highest CAGR over the forecast period and projected to register significant shares. This is due to, increasing demand of antimicrobial coated medical device and developing medical infrastructure in the region.
Global Antimicrobial Coatings for Medical Devices Market Segmentation:
Segmentation by type of material:
- Metallic Coatings
- Non-Metallic Coatings
Segmentation by device type:
- Implantable Devices
- Surgical Instruments
- Others (include, mandrels & molds, elastomeric seals, etc.)
Segmentation by application:
- Research Laboratories
- Medical Institutions
- Diagnostic Centers
Segmentation by region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Attribute Report Details Market Size Ask For Market Size Growth Rate Ask For Growth Rate Key Companies Ask For Companies Report Coverage Revenue analysis, Competitive landscape, Key company analysis, Market Trends, Key segments, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis and more… Historical Data Period 2015-2020 Base Year 2022 Forecast Period 2022-2031 Region Scope North America, Europe, Asia-Pacific, South America, Middle East & Africa Country Scope United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc.Saudi Arabia, UAE, Egypt, Nigeria and South Africa Revenue in US$ Mn
- AST Products, Inc.
- BASF SE
- BioInteractions Ltd.
- Nippon Paint Co., Ltd.
- PPG Industries, Inc.
- BioCote Limited
- Covalon Technologies Ltd.
- Koninklijke DSM N.V.
- The Sherwin-Williams Company
- RPM International Inc.
- AkzoNobel N.V.
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