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Antibacterial Coatings market for Medical Implants

Global Antibacterial Coatings Market for medical implants is projected to reach $343.16 million by 2023 from was $120.22 million in 2016, registering a CAGR of 16.1% from 2017 to 2023.

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Antibacterial Coatings market for Medical Implants

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  1. Antibacterial Coatings Market

  2. Upsurge in cases with chronic disorders and increase in failed cases of medical implants due to bacterial infections make it imperative to integrate antibacterial coatings in medical implants. Moreover, advancement & inclination toward biocompatible coatings, rise in orthopedic, dental and cardiac disorders, and growth in affordability in developing economies are projected to supplement the market growth. Antibacterial Coatings Market was valued at $120.22 million in 2016, and is projected to reach $343.16 million by 2023, registering a CAGR of 16.1% from 2017 to 2023. Metallic coatings segment held around three-fourths share of the total market in 2016. Get Sample Report

  3. Antibacterial coatings are materials that prevent the bacterial adhesion and biofilm formation on the surface of medical implants. In addition, they act as anti-thrombotic coating, which prevents the formation of thrombus during bacterial infections after the surgery in patient. So accordingly, medical implants are coated with antibacterial coating to obtain an ideal potent surface that can provide protection against the pathogens.

  4. The major factors that drive the global antibacterial coatings market for medical implants are increase in incidence of implant-associated infections, demand for implantable devices, rise in bone related and cardiovascular disorders, and growth of geriatric population. However, high cost of antibacterial coatings, few drawbacks of silver coatings, and time-consuming regulatory approvals are expected to restrain the market growth. Conversely, growth in need of better healthcare services in the emerging markets, such as China and India, and development of novel antibacterial coatings are expected to provide lucrative opportunities to the market players.

  5. Key Findings of the Antibacterial Coatings Market: • Non-metallic coating segment is expected to grow at a CAGR of 13.8% from 2017 to 2023. • Metallic coatings segment accounted for around three-fourths share of the global antibacterial coatings market for medical implants in 2016. • Cardiac implants segment accounted for more than one-fifth share of the global antibacterial coatings market for medical implants in 2016. • Asia-Pacific is expected to grow at the highest CAGR of 17.4%, from 2017 to 2023. • North America accounted for around one-third share of the global antibacterial coatings market for medical implants in 2016.

  6. The major companies profiled in the report are aapImplantate AG, AST Products, Inc., BioCote Ltd, Covalon Technologies Ltd., DOT GmbH, Harland Medical Systems Inc., Hydromer, Inc., Koninklijke DSM N.V., Sciessent LLC, and Specialty Coating Systems, Inc.

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