International. This report studies the global antimicrobial coatings for the medical device market from 2015 to 2020, and indicates that this market is estimated at US$0.61 trillion in 2015, and is expected to reach US$1.17 billion in 2020, at a CAGR of 14.2% during the forecast period.
Based on material type, antimicrobial coatings for the medical device market are segmented into metal coatings and non-metallic coatings. The metal coatings segment is more segmented into silver coatings, copper coatings, and other metal coatings. The non-metallic coatings segment is classified into polymer coatings, and organic coatings.
Factors such as increasing awareness about hospital-acquired infections, favorable research environment and funding, technological advancements in antimicrobial coatings, growing market for implantable devices, increasing research and development activities for antimicrobial coated cardiovascular devices, high-growth geriatric population, and increasing burden of cardiovascular disease diseases across the globe are driving the growth of this market.
The report, titled "Global Forecast of Antimicrobial Coatings for Medical Devices," was presented by marketing firm MarketsandMarkets.
