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Antimicrobial Coatings for Medical Devices Market to Witness Huge Growth by 2031 - DSM, PPG Industries, Inc & BioInteractions.

09-02-2024 11:01 AM CET | Health & Medicine

Press release from: DataM Intelligence 4market Research LLP

Antimicrobial Coatings for Medical Devices Market|| 2024-2031

Antimicrobial Coatings for Medical Devices Market|| 2024-2031

The Global Antimicrobial Coatings for Medical Devices Market was valued at $1.57 billion in 2023 and is projected to reach $3.93 billion by 2031, expanding at a CAGR of 11.9% during the forecast period from 2024 to 2031.

The use of medical devices has surged, becoming essential in modern medicine. Both implantable devices, which are permanently fixed in the body, and single-use items like catheters and endotracheal tubes are prone to infections. These infections can pose significant risks, such as prolonged hospitalization or severe complications. For instance, approximately 2% to 5% of orthopedic implants and nearly 14% of dental implants are susceptible to infections.

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Key Growth Drivers in Antimicrobial Coatings for Medical Devices Market:

Rising use of medical devices

The global rise in the elderly population is driving increased demand for surgical procedures necessary to treat age-related conditions. Hospitalized elderly patients are at heightened risk for hospital-acquired infections, particularly urinary tract infections. A study published in November 2023 by Springer Nature reveals that around 20% of hospitalized patients require urinary catheterization, with approximately 40% of hospital-acquired infections stemming from these catheters. Additionally, the prevalence of chronic conditions like osteoarthritis and cardiovascular issues, which often require implantable devices, is also contributing to the growing need for effective antimicrobial solutions.

Segment Covered in the Antimicrobial Coatings for Medical Devices Market:

By Test Kit Type: Polymeric Coatings, Metal-Based Coatings, Antibiotic Coatings, Antibiotic Coatings & Others.

By Device Type: Catheters & Tubes.

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Major Key players involved in Antimicrobial Coatings for Medical Devices Market:

• Microban technologies.
• Specialty Coating Systems Inc.
• AST Products, Inc.
• DSM
• Covalon.com.
• PPG Industries, Inc.
• jMedtech Coating Technologies Pte Ltd.
• CD Bioparticles.
• HeiQ Materials AG
• BioInteractions.

Regional Analysis:

The global Light Therapy Device Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa.

The global Light Therapy Device Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa. The report offers detailed insight into new product launches, new technology evolutions, innovative services, and ongoing R&D. The report discusses a qualitative and quantitative market analysis, including PEST analysis, SWOT analysis, and Porter's five force analysis. The Light Therapy Device Market report also provides fundamental details such as raw material sources, distribution networks, methodologies, production capacities, industry supply chain, and product specifications.

Related Reports:

Antimicrobial Coating Market: https://datamintelligence.com/research-report/antimicrobial-coating-market
Breathable Antimicrobial Coatings Market: https://datamintelligence.com/research-report/breathable-antimicrobial-coatings-market

Affiliate Marketing Request here: https://www.datamintelligence.com/affiliate-marketing

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DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.
Our research database features countless statistics and in-depth analyses across a wide range of 6300+ reports in 40+ domains creating business solutions for more than 200+ companies across 50+ countries; catering to the key business research needs that influence the growth trajectory of our vast clientele.

Contact Us -
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Contact Person: Sai Kiran
Email: Sai.k@datamintelligence.com
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