Anti-Microbial Coating for Medical Devices Market Analysis, Size and Growth, 2023

The global anti-microbial coating for medical devices market is growing, due to increasing number of hospitals and surgical centers, increasing number of free trade agreements, and technological advancement, such as nanocomposite coating technology, novel coating technology and parylene technology. The metallic coating segment is expected to dominate the market and non-metallic segment is expected to grow at the faster rate during the forecasted period. The silver coating is expected to dominate the metallic coating segment of the global market, and anticipated to grow with the fastest rate during the projected period. In addition, the polymer coating segment is expected to dominate the non-metallic coating segment of the market. On the basis of device type, the catheter segment dominates the market; however, the implantable devices segment is expected to grow with the fastest rate during the forecast period.

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The massive unexplored market of the anti-microbial coating for medical devices industry in the developing economies is creating abundant growth opportunities for the market. Various medical devices comes in contact with complex bodily fluids, such as blood and urine; these devices need to be sanitized with anti-microbial coating. Antimicrobial coating is used in medical devices to reduce the risk of infection and demolish microorganisms from medical devices. These coatings should be bio-compatible, bio-stable and non-toxic for various medical devices.

Some of the other factors driving the growth of the global anti-microbial coating for medical devices market are growing geriatric population, encouraging research and funding environment, increasing prevalence of chronic diseases, growing awareness about hospital acquired infection, and increasing prevalence of lifestyle associated diseases, such as diabetes and cardiovascular diseases. In addition, the growing implantable devices, growing research and development activity for antimicrobial layered cardiovascular devices, and refining healthcare infrastructure in developing countries are also driving the growth of the market. However, the absence of FDA regulations and guidance for antimicrobial coating technology, time consuming approval process for the development of anti-microbial coating products, and restriction of silver ion coating are some of the factors restraining the growth of the global anti-microbial coating for medical devices market.

Explore Report at: https://www.psmarketresearch.com/market-analysis/anti-microbial-coating-for-medical-devices-market

Some of the companies operating in the global anti-microbial coating for medical devices market are Royal DSM, PPG Industries Inc., Sciessent LLC, BASF SE, Biointeractions Ltd., Covalon Technologies Ltd., AST Products Inc., Hydromer Inc., The DOW Chemical Company, and Specialty Coating Systems Inc.

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