Report : Middle East & Africa Antimicrobial Coatings for Medical Devices Market Forecast to 2028 – COVID-19 Impact and Regional Analysis – by Coating Type (Antibacterial Coatings, Antiviral Coatings, and Others), Device Type (Catheters, Implantable Devices, Surgical Instruments, and Other Devices), Material [Metallic Coatings (Copper Coatings, Silver Coatings, and Other Metallic Coatings) and Non-Metallic Coatings (Polymeric Coatings, Organic Coatings, and Other Non-Metallic Coatings)], Application (General Surgery, Cardiovascular, Orthopedics, Gynecology, Dentistry, and Other Applications), and End User (Hospitals & Clinics, Diagnostic Centers, Ambulatory Surgical Centers, and Others)
At 11.4% CAGR, the Middle East & Africa Antimicrobial Coatings for Medical Devices Market is speculated to be worth US$ 161.01 million by 2028, says Business Market Insights
According to Business Market Insights’ research, the Middle East & Africa antimicrobial coatings for medical devices market was valued at US$ 84.04 million in 2022 and is expected to reach US$ 161.01 million by 2028, registering a CAGR of 11.4% from 2022 to 2028. Strengthening innovations in silver ion coating and rising use and demand of medical implants are the critical factors attributed to the market expansion.
Many medical devices, from surgical tools to implants to MRI machines, incorporate metal coatings and finishes to provide or enhance various beneficial characteristics. Antimicrobial coating materials include metallic and non-metallic coating. Among both, metallic coating, such as silver and copper, witnesses the major use in medical devices. Silver coating of medical devices is believed to prevent device-associated infection. Therefore, silver is one of the most used metals for plating in the medical device industry. Silver plating is a thin coating of silver, sometimes as thin as 0.000003 inches, added to a substrate, such as a component in a medical device. Moreover, silver has characteristics that make it resistant to microbes and bacteria that may harm the human body. Silver does not allow for bacterial growth and even targets components within bacteria cells, so they do not become resistant to silver. Such antimicrobial and antibacterial qualities are critical for ensuring that medical devices are safe. Thus, the rapid development of innovative products is trending and is expected to contribute to market growth during the forecast period.
On the contrary, tedious regulatory approval of antimicrobial coating products hurdles the growth of antimicrobial coatings for medical devices market.
Based on coating type, the Middle East & Africa antimicrobial coatings for medical devices market is segmented into antibacterial coatings, antiviral coatings, and others. The antibacterial coatings segment held 48.9% market share in 2022, amassing US$ 41.06 million. It is projected to garner US$ 80.35 million by 2028 to expand at 11.8% CAGR during 2022–2028.
Based on device, the Middle East & Africa antimicrobial coatings for medical devices market is categorized into catheters, implantable devices, surgical instruments, and other devices. The catheters segment held 32.6% market share in 2022, amassing US$ 27.41 million. It is projected to garner US$ 54.26 million by 2028 to expand at 12.1% CAGR during 2022–2028.
Based on material, the Middle East & Africa antimicrobial coatings for medical devices market is categorized into metallic coatings and non-metallic coatings. The metallic coatings segment held 58.5% market share in 2022, amassing US$ 49.18 million. It is projected to garner US$ 96.40 million by 2028 to expand at 11.9% CAGR during 2022–2028.
Based on application, the Middle East & Africa antimicrobial coatings for medical devices market is categorized into general surgery, cardiovascular, orthopedics, gynecology, dentistry, and other applications. The general surgery segment held 32.1% market share in 2022, amassing US$ 26.98 million. It is projected to garner US$ 52.79 million by 2028 to expand at 11.8% CAGR during 2022–2028.
Based on end user, the Middle East & Africa antimicrobial coatings for medical devices market is categorized into hospitals and clinics, diagnostic centers, ambulatory surgical centers, and others. The hospitals and clinics segment held 33.1% market share in 2022, amassing US$ 27.82 million. It is projected to garner US$ 54.94 million by 2028 to expand at 12.0% CAGR during 2022–2028.
Based on country, the Middle East & Africa antimicrobial coatings for medical devices market has been segmented into South Africa, Saudi Arabia, the UAE, and the Rest of Middle East & Africa. Our regional analysis states that South Africa captured 35.8% market share in 2022. It was assessed at US$ 30.09 million in 2022 and is likely to hit US$ 59.39 million by 2028, exhibiting a CAGR of 12.0% during the forecast period.
Key players dominating the Middle East & Africa antimicrobial coatings for medical devices market are The Dow Chemical Company; Covalon Technologies Ltd.; PPG Industries, Inc.; Microban International; and DSM, among others.
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