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Medical Applications Drive the Antimicrobial Coatings Market: M&M

Published on 2017-01-25. Author : SpecialChem

The Antimicrobial Coatings Market is projected to reach USD 4.19 Billion by 2021, at a CAGR of 12.1% from 2016 to 2021. With the increased penetration of antimicrobial coatings in end-use applications in North America and Europe, it is anticipated that the market will register slightly higher growth than the Asia Pacific region, Middle East & Africa, and South America, during the forecast period.

Medical - Largest Application in the Antimicrobial Coatings Market

Medical Instruments
Medical Applications Drive the Antimicrobial
Coatings Market: M&M

Medical is the biggest end-use application of antimicrobial coatings. These are extensively used in the medical / healthcare industry for applications such as:

  • Catheters
  • Medical devices
  • Medical electronics
  • Trays 

The demand for antimicrobial coatings is increasing due to the rising demand from North America and Europe, where governments are creating greater awareness about antimicrobial coatings in the medical / healthcare industries. Governments in all the countries are focusing on the requirement of decreasing hospital acquired infections, which is a major concern in recent years. Stringent regulations have been imposed by governmental agencies to reduce these infections, which require the use of antimicrobial coatings.

Silver - The Leading Product Type


Silver has the largest consumption among all antimicrobial coatings. Silver has been known to be a potent antibacterial agent and is toxic to germs, fungi, and algae; and in the past few years, the use of silver in coatings has experienced a dramatic revival. Inorganic silver antimicrobial coating systems based on colloidal silver, silver salts, silver zeolite/ion exchange resins, complex glasses containing metal ions, and nanosilver have been in high demand in the healthcare arena. The antimicrobial property of silver has not displayed any adverse effects on humans unless excessive silver is consumed.

North America – Highest Growing Region for the Market


North America had the largest demand for antimicrobial coatings in 2015. The region has rapidly growing end-user industries in the U.S. The growth is led by increased demand from the indoor air / HVAC and medical application segments. Regulations by governmental authorities and healthcare agencies is driving the antimicrobial coatings market in the region. The foods & beverages and textiles applications in the U.S. and Canada are also supporting the market growth of antimicrobial coatings.

About MarketsandMarkets

MarketsandMarkets is one of the largest market research firms worldwide in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.

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Source: MarketsandMarkets
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