Middle East and Africa Antimicrobial Coating for Medical Devices Market:;- will grow at a CAGR of 11.7%, Size, share, Trends and Opportunities
The world class Middle East and Africa Antimicrobial Coating for Medical Devices market report brings into light key market dynamics of the sector. It gives an in-depth knowledge on what the recent developments are, product launches are, while also keeping the track for recent acquisitions, mergers, joint ventures and competitive research in the global market industry. This report is intended to help the readers develop a practical and intelligent approach to market dynamics and exploit opportunities. The market report is a professional yet exhaustive study on the current as well as future state for the market. Middle East and Africa Antimicrobial Coating for Medical Devices business report analyzes the status and future forecast involving sales, value (revenue), growth rate (CAGR), market share, historical and forecast in the major regions of the world.
The significant Middle East and Africa Antimicrobial Coating for Medical Devices report makes some important proposals for a new project of Middle East and Africa Antimicrobial Coating for Medical Devices industry before evaluating its feasibility. While formulating this market report, client business competence is understood adeptly to identify tangible growth opportunities. The base year for calculation in the report is considered as 2021 while the historic year is 2020 which will tell how the Middle East and Africa Antimicrobial Coating for Medical Devices market is going to act upon in the forecast years by giving information about the several market insights. Identifying significant trends, drivers, influencing factors in global and local regions is one of the key goals of this market document.
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Growing technological advancement in antimicrobial coating are creating an opportunity for the growth of Middle East and Africa antimicrobial coating for medical devices market whereas adverse effect of antimicrobial coating on human health may create challenge for the growth of the market.
Increasing use of antimicrobial coating for medical devices coupled with growing awareness regarding hospital acquired infections has surged its demand. Data Bridge Market Research analyses that the antimicrobial coating for medical devices market will grow at a CAGR of 11.7% during the forecast period of 2022 to 2029.
Opportunities
· The rising healthcare sector in emerging economies
The rising healthcare sector in emerging economies such as India and China is anticipated to create the opportunity for antimicrobial coating products demand in medical devices. Factors such as the growing population, changed lifestyles, rising elderly population, especially in China, and increasing medical tourism are some of the major factors behind driving the growth of the healthcare sector. According to the article published by India Brand Equity Foundation (IBEF), in March 2022, About 6, 97,300 foreign tourists came to India for medical treatment in the year 2019 and also revealed that India holds 10th rank out of 46 destinations in Medical Tourism Index (MTI) for the 2020-2021 year.
Recent Developments
· In September 2021, BioCote Limited, showcased innovative antimicrobial coating technology, including their latest developments for plastic antimicrobial coating products. This enhanced the company’s annual revenue
· In January 2022, the company has inaugurated its second manufacturing plant located in Costa Rica. The plant will involve in manufacturing medical device solution for extrusion, injection molding, micromachining metals processing, and final assembly processes in cleanrooms. This move was taken to meet the increasing demand for medical device solution in the market
· In May 2021, Hydromer has announced that it has been selected as a key coating and services partner for the company name Avinger, Inc. This move helps the company to propel its growth in the market
Competitive Landscape and Antimicrobial Coating for Medical Devices Market Share Analysis
The antimicrobial coating for medical devices market competitive landscape provides details by the competitors. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, GCC presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, and application dominance. The above data points provided are only related to the companies' focus on antimicrobial coating for medical devices market.
Some of the major players operating in the antimicrobial coating for medical devices market are DSM, PPG Industries, Inc., Akzo Nobel N.V., Specialty Coating Systems Inc, Covalon Technologies Ltd., AST Products, Inc., Hydromer, Sciessent LLC, Microban International, Axalta Coating Systems, LLC, Biointeractions Ltd, Sika, Harland Medical Systems, Inc., Biomerics, BioCote Limited, and amongst others.
Middle East and Africa Antimicrobial Coating for Medical Devices Market Scope
The antimicrobial coating for medical devices market is segmented into product type, coating, type, additives, materials, resin type, form, and application. The growth amongst these segments will help you analyze major growth segments in the industries and provide the users with a valuable market overview and market insights to make strategic decisions to identify core market applications.
Product Type
· Silver Antimicrobial Coating
· Copper Antimicrobial Coating
· Others
On the basis of product type, the Middle East and Africa antimicrobial coating for medical devices market is segmented into silver antimicrobial coating, copper antimicrobial coating, and others.
Coating
· Silver
· Copper
· Zinc
· Gallium
· Aluminium
· Others
On the basis of coating, the Middle East and Africa antimicrobial coating for medical devices market is segmented into silver, copper, zinc, gallium, aluminium, titanium dioxide, and others.
Type
· Escherichia Coli
· Pseudomonas
· Listeria
· Others
On the basis of type, the Middle East and Africa antimicrobial coating for medical devices market is segmented into escherichia coli, pseudomonas, listeria, and others.
Additive
· Small Size Silver ion antimicrobial additives
· Zinc antimicrobial additives
· Copper antimicrobial additives
· Organic antimicrobial additives
On the basis of additive, the Middle East and Africa antimicrobial coating for medical devices market is segmented into silver ion antimicrobial additives, zinc antimicrobial additives, copper antimicrobial additives, and organic antimicrobial additives.
Material
· Graphene materials
· Polycationic hydrogel
· Silver nanoparticles
· Polymer brushes
· Dendrimers
· Others
On the basis of material, the Middle East and Africa antimicrobial coating for medical devices market is segmented into graphene materials, polycationic hydrogel, silver nanoparticles, polymer brushes, dendrimers, and others.
Resin Type
· Acrylic
· Polyester
· Polyurethane
· Epoxy
· Others
On the basis of resin type, the Middle East and Africa antimicrobial coating for medical devices market is segmented into acrylic, polyester, polyurethane, epoxy, and others.
Form
· Liquid
· Aerosol
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