Market Size –
The antimicrobial medical device coatings market size has grown rapidly in recent years. It will grow from $2.36 billion in 2023 to $2.69 billion in 2024 at a compound annual growth rate (CAGR) of 13.7%. The growth in the historic period can be attributed to aging population, regulatory compliance, increased patient awareness, healthcare infrastructure development, government initiatives.
The antimicrobial medical device coatings market size is expected to see rapid growth in the next few years. It will grow to $4.78 billion in 2028 at a compound annual growth rate (CAGR) of 15.5%. The growth in the forecast period can be attributed to emerging markets, increasing incidence of healthcare-associated infections (hais), rise in healthcare expenditure, environmental concerns. Major trends in the forecast period include nanotechnology advancements, multifunctional coatings, integration with iot, hydrophilic coatings, collaboration and partnerships.
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Scope Of Antimicrobial Medical Device Coatings Market
The Business Research Company’s reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Antimicrobial Medical Device Coatings Market Overview
Market Drivers –
The rising cardiovascular diseases drive the growth of the antimicrobial medical device coatings market over the coming years. CVDs (cardiovascular diseases) are a category of heart and blood vessel problems. Cardiovascular diseases (CVDs) are the primary, source of death worldwide with low- and middle-income nations accounting for three-quarters of CVD deaths. Antimicrobial coated cardiovascular devices are used for the treatment of cardiovascular diseases and disorders. According to the World Health Organization (WHO) report in 2021, cardiovascular diseases claimed the lives of 17.9 million individuals worldwide in 2019, accounting for 32% of all deaths. Heart attacks and strokes were responsible for 85% of these deaths. Therefore, rising cardiovascular diseases drive the growth of the antimicrobial medical device coatings market.
The antimicrobial medical device coatings market covered in this report is segmented –
1) By Type of Material: Metallic Coatings, Non Metallic Coatings
2) By Device Type: Catheters, Implantable Devices, Surgical Instruments, Other Device Types
3) By Application: Orthopedics, General Surgery, Dentistry, Cardiovascular, Gynecology, Other Applications
4) By End User: Hospitals, Diagnostic Centers, Ambulatory Surgical Centers
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Regional Insights –
North America was the largest region in the antimicrobial medical device coatings market in 2023. Europe was the second-largest market in the antimicrobial medical device coatings market. The regions covered in the antimicrobial medical device coatings market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Key Companies –
Major companies operating in the antimicrobial medical device coatings market include AST Products Inc., BioInteractions Ltd., Covalon Technologies Ltd., Koninklijke DSM N.V., Hydromer Inc., BASF SE, Sciessent LLC, DuPont de Nemours Inc., Kraton Corporation, Sono-Tek Corporation, Microban International Ltd., Specialty Coating Systems Inc., Dow Inc., PPG Industries Inc., 3M Company, Becton Dickinson and Company, Cardinal Health Inc., Johnson & Johnson, Medtronic plc, Stryker Corporation, Boston Scientific Corporation, Cook Medical LLC, C.R. Bard Inc., Teleflex Incorporated, Zimmer Biomet Holdings Inc., Smith & Nephew plc, Olympus Corporation, Abbott Laboratories, Terumo Corporation, Fresenius Medical Care AG & Co. KGaA, Getinge AB, Hill-Rom Holdings Inc., Integra LifeSciences Holdings Corporation, Mölnlycke Health Care AB
Table of Contents
1. Executive Summary
2. Antimicrobial Medical Device Coatings Market Report Structure
3. Antimicrobial Medical Device Coatings Market Trends And Strategies
4. Antimicrobial Medical Device Coatings Market – Macro Economic Scenario
5. Antimicrobial Medical Device Coatings Market Size And Growth
…..
27. Antimicrobial Medical Device Coatings Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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