Antibacterial Coatings Market is Rising Due to Surge in Prevalence of Implant Infections | Forecast 2023

Antibacterial coatings are materials that prevent the bacterial adhesion and biofilm formation on the surface of medical implants. In addition, they act as an anti-thrombotic coating, which prevents the formation of thrombus during bacterial infections after the surgery in a patient. So accordingly, medical implants are coated with an antibacterial coating to obtain an ideal potent surface that can provide protection against the pathogens.

The major factors that drive the global antibacterial coatings market for medical implants are the increase in the incidence of implant-associated infections, demand for implantable devices, the rise in bone-related and cardiovascular disorders, and growth of geriatric population.

Get a sample copy of this report @ https://www.alliedmarketresearch.com/request-sample/4462?utm_source=openpr&utm_medium=ss

However, the high cost of antibacterial coatings, few drawbacks of silver coatings, and time-consuming regulatory approvals are expected to restrain the market growth. Conversely, growth in need of better healthcare services in the emerging markets, such as China and India, and development of novel antibacterial coatings are expected to provide lucrative opportunities to the market players.

According to a new report published by Allied Market Research, titled, "Antibacterial Coatings Market for Medical Implants: Global Opportunity Analysis and Industry Forecast, 2017-2023," the market was valued at $120.22 million in 2016, and is projected to reach $343.16 million by 2023, registering a CAGR of 16.1% from 2017 to 2023. Metallic coatings segment held around three-fourths share of the total market in 2016.

Send Enquiry on this Report @ https://www.alliedmarketresearch.com/purchase-enquiry/4462?utm_source=openpr&utm_medium=ss

Major Players:

•BioCote Ltd
•Covalon Technologies Ltd.
•DOT GmbH
•Harland Medical Systems Inc.
•Hydromer Inc.
•Koninklijke DSM N.V.
•Sciessent LLC
•Specialty Coating Systems Inc.

Key Findings:

•Non-metallic coating segment is expected to grow at a CAGR of 13.8% from 2017 to 2023.

•Metallic coatings segment accounted for the around three-fourths share of the global antibacterial coatings market for medical implants in 2016.

•Cardiac implants segment accounted for more than one-fifth share of the global antibacterial coatings market for medical implants in 2016.

•Asia-Pacific is expected to grow at the highest CAGR of 17.4%, from 2017 to 2023.

•North America accounted for around one-third share of the global antibacterial coatings market for medical implants in 2016.

Browse More Details of Report @ https://www.alliedmarketresearch.com/antibacterial-coatings-market?utm_source=openpr&utm_medium=ss

About Us:

Allied Market Research, a market research and advisory company of Allied Analytics LLP, provides business insights and market research reports to large as well as small & medium enterprises. The company assists its clients to strategize business policies and achieve sustainable growth in their respective market domain.
Allied Market Research provides one stop solution from the beginning of data collection to investment advice. The analysts at Allied Market Research dig out factors that help clients to understand the significance and impact of market dynamics. The company amplies client’s insight on the factors, such as strategies, future estimations, growth or fall forecasting, opportunity analysis, and consumer surveys among others. As follows, the company offers consistent business intelligent support to aid the clients to turn into prominent business firm.

Contact:

David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
Toll Free (USA/Canada):
+1-800-792-5285, +1-503-894-6022, +1-503-446-1141
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1⟨855⟩550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com

This release was published on openPR.