The winning Asia-Pacific Antimicrobial Coating for Medical Devices Market study encompasses a market attractiveness analysis, wherein all segments are benchmarked based on their market size, growth rate, and general attractiveness. The market survey report gives the details about market trends, future prospects, market restraints, leading market drivers, several market segments, key developments, key players in the market, and competitor strategies. To understand the competitive landscape in the market, an analysis of Porter’s five forces model for the market has also been included. Furthermore, businesses can decide upon the strategies about the product, customer, key player, sales, promotion or marketing by acquiring a detailed analysis of competitive markets via Asia-Pacific Antimicrobial Coating for Medical Devices report.
An international Asia-Pacific Antimicrobial Coating for Medical Devices market research report examines competitive companies and manufacturers in the global market. It studies market by product type, applications and growth factors. Moreover, industry status and outlook for major applications, end users, and usage area is also included for the market study. This market document puts light on various aspects of marketing research that range from important industry trends, market size, market share estimates, sales volume, emerging trends, product consumption, customer preferences, historic data along with future forecast and key player analysis. An unswerving Asia-Pacific Antimicrobial Coating for Medical Devices report has answers to many important questions that companies may have when operating in the Asia-Pacific Antimicrobial Coating for Medical Devices industry.
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Nowadays, healthcare providers are continually tasked with improving patient health while reducing the risk of infection. The prominence of hospital acquired infections has fuelled the need for strategies and products that actively reduce the risk of patient infections. As such, the incorporation of antimicrobial additives into healthcare furnishings and medical equipment is increasingly being viewed as part of the solution to infection prevention and control in healthcare environments. Moreover, the rising demand for implantable devices has surged also surged the demand for antimicrobial coatings for medical devices. However, the limitations of silver ion coating may hamper the growth of market to some extent.
Growing technological advancement in antimicrobial coating are creating an opportunity for the growth of Asia-Pacific antimicrobial coating for medical devices market whereas adverse effect of antimicrobial coatings on human health may create challenge for the growth of the market.
Increasing use of antimicrobial coatings for medical devices coupled with growing awareness regarding hospital acquired infections has surged its demand. Data Bridge Market Research analyses that the Asia-Pacific antimicrobial coating for medical devices will grow at a CAGR of 13.4% from 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 coatings 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 coatings and services partner for the company name Avinger, Inc. This move helps the company to propel its growth in the market
Asia-Pacific Antimicrobial Coating for Medical Devices Market Scope
The antimicrobial coating for medical devices market is segmented into product type, coating, type, additive, material, 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 Coatings
· Copper Antimicrobial Coatings
· Others
On the basis of product type, the Asia-Pacific antimicrobial coating for medical devices market is segmented into silver antimicrobial coatings, copper antimicrobial coatings, and others.
Coating
· Silver
· Copper
· Zinc
· Gallium
· Aluminium
· Others
On the basis of coating, the Asia-Pacific 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 Asia-Pacific 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 Asia-Pacific 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 Asia-Pacific 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 Asia-Pacific antimicrobial coating for medical devices market is segmented into acrylic, polyester, polyurethane, epoxy, and others.
Form
· Liquid
· Aerosol
· Powder
On the basis of form, the Asia-Pacific antimicrobial coating for medical devices market is segmented into liquid, aerosol, and powder.
Application
· Surgical instruments
· Guidewires
· Implantable devices
· Catheters
· Mandrels & molds
· Others
On the basis of application, the Asia-Pacific antimicrobial coating for medical devices market is segmented into surgical instruments, guidewires, implantable devices, catheters, mandrels & molds, and others.
Antimicrobial Coating for Medical Devices Market Regional Analysis/Insights
The antimicrobial coating for medical devices market is analysed and market size insights and trends are provided by country, product type, coating, material, additive, type, resin type, type, and application.
The countries covered in the Asia-Pacific antimicrobial coatings for medical devices market report are Japan, China, South Korea, India, Singapore, Thailand, Indonesia, Malaysia, Philippines, Australia & New Zealand, and the rest of Asia-Pacific.
In terms of market share and revenue, China dominates the Asia-Pacific antimicrobial coatings for medical devices and will continue to flourish its dominance during the forecast period. This is attributed to the matured medical device manufacturing market and the rising demand for implant devices—additionally, the growing healthcare sectors coupled with rising medical tourism in the region. Further, the burden of hospital-acquired infection is raising the healthcare industry's concerns in the area.
The country section of the report also provides individual market impacting factors and changes in regulations in the market that impact the current and future trends of the market. Data points, such as new and replacement sales, country demographics, disease epidemiology, and import-export tariffs, are some of the major pointers used to forecast the market scenario for individual countries. In addition, the presence and availability of Asia-Pacific brands and their challenges faced due to high competition from local and domestic brands, and impact of sales channels are considered while providing forecast analysis of the country data.
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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.
Research Methodology
Data collection and base year analysis are done using data collection modules with large sample sizes. The market data is analyzed and estimated using market statistical and coherent models. In adition, market share analysis and key trend analysis are the major success factors in the market report.. The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Global Vs Regional and Vendor Share Analysis. Please request analyst call in case of further inquiry.
Major TOC of the Antimicrobial Coating for Medical Devices Market Report
• INTRODUCTION
• MARKET SEGMENTATION
• MARKET OVERVIEW
• EXECUTIVE SUMMARY
• PREMIUM INSIGHTS
• Integrated Passive Device Market
• COMPANY PROFILE
• COMPONENT MANUFACTURER
• CONCLUSION
• QUESTIONNAIRE
• RELATED REPORTS
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