Global Antimicrobial Coatings Market Overview:

Antimicrobial Coatings Market was valued at $121.0 million in 2016, and is estimated to reach $345.5 million by 2023, growing at a CAGR of 16.3% during the forecast period. Antibacterial coatings are overlay materials that restrict the growth of bacteria on the implants surface. Medical implants which are inserted internally have the potential to introduce bacterial infections; therefore, the need to replace the implants arises. Frequent replacement of implants would lead to excessive discomfort among patients; therefore, to prevent the bacterial infection, the medical implants are treated with antibacterial agents, which are biocompatible, bio-stable, and nontoxic. The Antimicrobial coatings are segmented into metallic coatings & non-metallic coatings. Metallic coatings are further sub segmented into silver coatings, copper coatings, and other metallic coatings. The non-metallic coatings are further segmented into polymeric coatings and organic coatings.

Growing prevalence of infections associated with implants, rising geriatric populations, and the rapid growth in the number of implantation surgeries, are the factors that drive the growth of the market. Nevertheless, the cost associated with acquiring raw materials for antibacterial coating and time-consuming regulatory approvals for the coatings are the factors that limit the growth of the market. The development of effective antibacterial coating for medical implants and substantial untapped market in the developing nations would offer tremendous market opportunities during the forecast period.

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Market Segmentation:

Based on material, the market report segments the market into

• Metallic Coatings: The Metallic Coatings market dominated the Global Antimicrobial Coatings Market by Material in 2016, and would continue to be a dominant market till 2023
  • Silver Coatings: The Silver Coatings market dominated the Global Metallic Coatings Market by Type in 2016, and would continue to be a dominant market till 2023
  • Copper Coatings
  • Other Coatings (Zinc and Titanium coatings)
• Non-Metallic Coatings
  • Polymeric Coatings: The Polymeric Coatings market dominated the Global Non-Metallic Coatings Market by Type in 2016, and would continue to be a dominant market till 2023
  • Organic Coatings

Based on type, the market report segments the market into

• Orthopedic Implants: The Orthopaedic Implants market is expected to witness a CAGR of 18.2% during (2017 - 2023).
• Dental Implants
• Neurovascular Implants
• Cardiac Implants: The Cardiac Implants market dominated the Global Antimicrobial Coatings Market by Type in 2016, and would continue to be a dominant market till 2023.
• Others

Based on Regions, the Global Antimicrobial Coatings market segments the market into

• North America (U.S, Canada, Mexico, Rest of North America)
• Europe (Germany, UK, France, Russia, Spain, Italy, Rest of Europe)
• Asia Pacific (China, Japan, India, South Korea, Singapore, Malaysia, Rest of Asia Pacific)
• Latin America, Middle East and Africa (Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, Rest of LAMEA).

Competition Analysis:

The market research report covers the analysis of key stake holders of the Global Antimicrobial Coatings Market. Key companies profiled in the report include AAP Implantate Ag, AST Products, Inc., Specialty Coating Systems, Inc., Biocote Limited, Bayer Ag, Covalon Technologies Ltd., Dot GmbH, Koninklijke Dsm N.V., Hydromer Inc, and Harland Medical Systems, Inc.

Related Reports:

North America Antimicrobial Coatings Market (2017-2023)

Europe Antimicrobial Coatings Market (2017-2023)

Asia Pacific Antimicrobial Coatings Market (2017-2023)

LAMEA Antimicrobial Coatings Market (2017-2023)