The report antimicrobial coatings for medical devices market by type of material (metallic coatings market, and non-metallic coatings market.), by device type (catheters, implantable devices, surgical instruments, and others.), and application (hospital, research laboratories, medical institutions, and diagnostic centers.), by region (North America, Europe, Asia Pacific, Middle East & Africa and Latin America) is expected to reach us$ 2.42 Bn by 2026, at a CAGR of 16.77% during a forecast period.
The rising awareness about hospital-acquired infections, favorable research and funding environment, technological advancements in antimicrobial coatings, growing implantable devices market, increasing research and development activities for antimicrobial-coated cardiovascular devices, high growth in geriatric population, and increasing burden of cardiovascular diseases across the globe are driving the growth of global antimicrobial coatings for medical devices market.
Limitations of silver coatings, the nonexistence of FDA guidelines and regulations for antimicrobial coating techniques, and a growing number of free trade agreements are hindering the growth of this market.
Growing healthcare market in emerging economies and an increasing number of free trade agreements are likely to create significant growth opportunities for players operating in the antimicrobial coatings market for medical devices
Antimicrobial coatings are typically applied to counters, walls, door handles, and other high-touch areas.
Antimicrobial coatings are typically applied to counters, walls, door handles, and other high-touch areas, HVAC vents and mechanicals, and many other surfaces. In some cases, they are sprayed onto textiles, masks, gloves, and carpeting. Even paint manufacturers are applying them to their wall paint and primer products to inhibit the growth of pathogens in facilities. In hospitals and medical facilities, these coatings are also being applied to medical devices.
Medical is the biggest end-use application of antimicrobial coatings.
Medical is the biggest end-use application of antimicrobial coatings. These are extensively used in the medical & healthcare industry for applications such as catheters, medical devices, medical electronics, and trays among others. The demand for antimicrobial coatings is increasing due to the rising demand from North America and Europe, where governments are creating greater awareness about antimicrobial coatings in the medical & healthcare industries.
North America is dominating and contributed the leading shares to the global antimicrobial coated medical devices market in terms of revenue and expected to register a significant growth over a forecast period.
North America is dominating and contributed the leading shares to the global antimicrobial coated medical devices market in terms of revenue and expected to register a significant growth over a forecast period due to the awareness and increasing preference of advanced antimicrobial coated medical devices over conventional procedures for the patient safety purpose. Europe has also contributed the moderate shares and registered a healthy growth rate to the global antimicrobial coated medical devices market followed by North America. The APEJ is become the lucrative market for antimicrobial coated medical devices and anticipated to register significant shares over the forecast period due to the increasing demand of antimicrobial-coated medical device and developing medical infrastructure in the region. Latin America and MEA are at an emerging stage to the global antimicrobial coated medical devices market and expected to show a moderate growth over a forecast period.
Some of the major players operating in global antimicrobial coatings for medical devices market are 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., Hydromer Inc., Kraton Corporation, Arch Lonza, Troy Corporation, AkzoNobel N.V., Sono-Tek Corp., LyondellBasell Industries Holdings B.V., Microban International, Diamond Vogel, The Dow Chemical Company, Polyone Corporation, DuPont, AK Coatings Inc., Sciessent LLC, Specialty Coating Systems, Inc. among others.
Maximize market research, a global market research firm with a dedicated team of specialists and data is carried out extensive research about the global antimicrobial coatings for medical devices market. The report encompasses the market by different segments and region, providing an in-depth analysis of the overall industry ecosystem, useful for taking in a type of material strategic decision by the key stakeholders in the industry. Importantly, the report delivers forecasts and share of the market, further giving an insight into the market dynamics, and future opportunities that might exist in the global antimicrobial coatings for medical devices market. The driving forces, as well as considerable restraints, have been explained in depth. in addition to this, competitive landscape describing the strategic growth of the competitors have been taken into consideration for enhancing market know-how of our clients and at the same time explain global antimicrobial coatings for medical devices market positioning of competitors.
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