Product ID: SQMIG15E2467
Global Antimicrobial Coatings Market Size, Share, Growth Analysis, By Type(Silver and Copper), By Application(Medical Devices and HVAC Systems) - Industry Forecast 2024-2031
Report ID:
SQMIG15E2467 |
Region:
Global |
Published Date: February, 2024
Pages:
184
|
Tables:
59 |
Figures:
75
Global Antimicrobial Coatings Market Insights
Antimicrobial Coatings Market size was valued at USD 9.8 billion in 2021 and is poised to grow from USD 10.15 billion in 2022 to USD 25.24 billion by 2030, at a CAGR of 13.9%during the forecast period (2023-2030).
The global antimicrobial coatings market is witnessing significant growth due to factors such as increasing awareness of health and hygiene, rising healthcare expenditure, the need to combat hospital-acquired infections, growing focus on food safety, technological advancements, the expansion of the construction industry, and the increasing demand for antimicrobial coatings in electronics and gadgets. With the continuous growth of the healthcare sector, there has been a significant increase in healthcare expenditure worldwide. Antimicrobial coatings find extensive applications in hospitals, clinics, and other healthcare facilities to maintain a sterile environment, reduce the transmission of healthcare-associated infections (HAIs), and improve patient safety. Moreover, hospital-acquired infections pose a significant threat to patient well-being. Antimicrobial coatings are extensively used on medical devices, equipment, and surfaces in healthcare settings to prevent the growth and spread of harmful pathogens, thereby reducing the incidence of HAIs. Also, the food and beverage industry has stringent regulations regarding food safety and hygiene. Antimicrobial coatings are utilized in food processing equipment, packaging materials, and food preparation surfaces to inhibit the growth of bacteria and other microorganisms, ensuring food safety and extending shelf life. Furthermore, continuous advancements in antimicrobial coating technologies, including nanotechnology-based solutions and the development of new antimicrobial agents, have significantly contributed to the growth of the market. These advancements have led to the production of coatings with improved antimicrobial efficacy, durability, and sustainability.
Global Antimicrobial Coatings Market Report Snapshots
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