December 5, 2021

11.84% CAGR in Antibacterial Coatings for Medical Device Market | Akzo Nobel NV and AST Products Inc. Among Key Vendors | Technavio

NEW YORK, Nov. 23, 2021 /PRNewswire/ — The antibacterial coatings for medical device market size is expected to increase by…

NEW YORK, Nov. 23, 2021 /PRNewswire/ — The antibacterial coatings for medical device market size is expected to increase by USD 584.96 mn from 2020 to 2025, registering a CAGR of 11.84%, according to the latest research report from Technavio. This report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. The antibacterial coatings for medical device market is segmented by device (durable devices and single-use devices) and geography (Europe, North America, APAC, South America, and MEA).

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The antibacterial coatings for medical device market report offers a comprehensive analysis of the strategies adopted by vendors and the trends, drivers, and challenges affecting the market size. The report identifies the growing demand for cardiovascular and orthopedic implants as one of the major factors driving the growth of the market.

The antibacterial coatings for medical device market covers the following areas:

Antibacterial Coatings For Medical Device Market Sizing

Antibacterial Coatings For Medical Device Market Forecast

Antibacterial Coatings For Medical Device Market Analysis

Regional Analysis

Technavio offers an up-to-date analysis of the geographical composition of the market as well as competitive intelligence and regional opportunities for vendors. According to our analysis, 32% of the market’s growth is expected to originate from APAC during the forecast period. China and Japan are the key countries for the antibacterial coatings for medical devices market in APAC. The region has been recording a significant growth rate. Hence, it is expected to offer several growth opportunities to market vendors during the forecast period. In addition, the increasing hospital-associated infections will drive the antibacterial coatings for medical device market growth in APAC.

Companies Mentioned

  • Akzo Nobel NV
  • AST Products Inc.
  • BASF SE
  • BioInteractions Ltd
  • Covalon Technologies Ltd.
  • DuPont de Nemours Inc.
  • KISCO Ltd.
  • Koninklijke DSM NV
  • PPG Industries Inc.
  • Sciessent LLC

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Antibacterial Coatings For Medical Device Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 11.84%

Market growth 2021-2025

USD 584.96 million

Market structure

Fragmented

YoY growth (%)

10.74

Regional analysis

Europe, North America, APAC, South America, and MEA

Performing market contribution

APAC at 32%

Key consumer countries

US, China, Germany, UK, and Japan

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Akzo Nobel NV, AST Products Inc., BASF SE, BioInteractions Ltd, Covalon Technologies Ltd., DuPont de Nemours Inc., KISCO Ltd., Koninklijke DSM NV, PPG Industries Inc., and Sciessent LLC

Market Dynamics

Parent market analysis, market growth inducers and obstacles, fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for forecast period

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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SOURCE Technavio