The Antimicrobial Coated Medical Devices Market is projected to be worth US$ 1,344 million in 2022 and to increase at a CAGR of 13.1% to reach US$ 5,205.2 million by 2032.
Pathogens are the leading cause of the healthcare associated infections (HAIs) which pose an ongoing and increasing challenge to the healthcare industry for clinical treatment and avoiding cross contamination of the pathogens. In 2011, a survey conducted by the Centers for Disease Control and Prevention (CDC) for healthcare associated infections (HAIs), stated that about 722,000 cases of infections were recorded which resulted in around 75,000 patients died during their hospital stays.
Impact of COVID-19 on the Healthcare Industry
The COVID-19 pandemic has caused severe impacts on the global economy at various levels and which can be seen on the Healthcare industry as well. The thriving market of health care research and development is expected to exhibit a steep decline in the sales during the lockdown period owing to the shutdown of the manufacturing units, acute shortage in the supply of raw materials and absence of potential manpower. It can be deduced from the current situations brought about by the pandemic that the production, and supply chain activities have experienced minor hurdles. However, the market is projected to gradually recover post-COVID-19, which will present attractive opportunities for sales across various regions of the world in the following years.
Future Market Insights (FMI) adopted a multidisciplinary approach during the pandemic-era to focus on the growth and development of the Antimicrobial Coated Medical Devices Market. The study features insights on the current growth dynamics and the major revenue reforms prevailing in the market as along with the key takeaways over the forecast.
The team of analysts at Future Market Insights are focusing on research and market study to produce different Antimicrobial Coated Medical Devices Market forecasts and predictions at both national and international levels. They have considered several leads of information pertaining to the industry like market figures and merger estimations to assess and produce reliable and informative insights on the Antimicrobial Coated Medical Devices Market.
Key Players:
- AST products Inc.
- Covalon Technologies Ltd.
- BASF SE
- Bio Interaction Ltd.
- Royal DSM
- Sciessent LLC
- Specialty Coating Systems Inc.
- Hydromer Inc.
- Dow Chemical Company
- Biocote
- PPG Industries, Inc.
Key Market Segmentation Analysis:
The report provides insights on the important highlights and current trends prevailing in the market. This helps the readers to gain a deeper understanding and form an unbiased opinion on the market. Numerous segmentations have been provided for this market based on:
By Device Type:
- Antimicrobial Coated Catheters
- Antimicrobial Coated Surgical Instruments
- Antimicrobial Coated Implantable Devices
- Other Antimicrobial Coated Devices
By Coating Material:
- Metallic Antimicrobial Coated Medical Devices
- Silver Coating
- Copper Coating
- Other Metal Coatings
- Non-Metallic Antimicrobial Coated Medical Devices
- Polymeric Coating
- Organic Coating
By Region:
- North America
- Latin America
- The Asia Pacific
- Middle East and Africa
- Europe
Important changes in market dynamics
The report has been created after detailed and exhaustive studies by the analysts at FMI taking several factors into consideration like monetary, ecological, social, mechanical, and political status of a particular demography. They study the key data to assess the revenue and production of manufacturers across various regions. The report also covers an in-depth analysis of the key changes in market dynamics in the recent past and the near future.
Segmentation details of the market
- Former, on-going, and projected market analysis in terms of volume and value
- Assessment of niche industry developments
- Market share analysis
- Key strategies of major players
- Emerging segments and regional markets
Read More @ https://www.futuremarketinsights.com/reports/antimicrobial-coated-medical-devices-market
The Global Antimicrobial Coatings For Medical Devices Market Research Report - Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026 gives an evaluation of the market developments based on historical studies and comprehensive research respectively.
The market segments are also provided with an in-depth outlook of the competitive landscape and a listing of the profiled key players.Antimicrobial coatings are used to destroy microorganisms in medical devices.
The devices used are implantable devices, surgical instruments, elastomeric seals etc.
The rising awareness about infections, technological advancements, growing implantable devices, growing R carried on antimicrobial coating market have been factors that have propelled the growth of this market.
Moreover, rising geriatric population with rising cases of cardiovascular patients have helped in the growth of this market.North America is expected to be the largest market owing to its growing awareness towards infections, and extensive investments made on R of this market.
Moreover, Asia Pacific is the fastest growing market as it observes growing focus on healthcare.
