
Europe Orthopedic Implant Antibacterial Coatings Surface Treatment Market
No. of Pages: 100 | Report Code: TIPRE00026152 | Category: Life Sciences
No. of Pages: 100 | Report Code: TIPRE00026152 | Category: Life Sciences
Market Introduction
Among patients undergoing orthopedic implant surgery, bacterial infection and infection-induced immune responses have become a life-threatening concern. Biocontamination of conventional biomaterials causes bacterial invasion in injured areas, resulting in postoperative illness. As a result, anti-infection and immune-evasive coatings for orthopedic implants are desperately needed. Orthopedic implants such as screws, plates, nails, and artificial joints have grown in great demand by hospitals for orthopedic surgery.
Moreover, the rise in prevalence of implant-associated infections is expected to bolster the market growth during the forecast period.
As the COVID-19 pandemic continues to unfold, medical device companies are finding difficulties in managing their operations. Many companies offering products for orthopedic implant antibacterial coatings surface treatment have their business operations in the United States and business are adversely being affected by the effects of a widespread outbreak of COVID-19. This has disrupted and restricted company’s ability to distribute products, as well as temporary closures of company’s facilities. Also, to free-up limited space for people being treated for the virus, hospitals have postponed, or cancelled. For instance, as per the British Journal of Surgery published in May 2020 stated that orthopedic procedures would be affected most, with 6.3 million operations cancelled worldwide. Cancelling elective surgeries to reduce exposure to COVID-19 in the hospital and operating rooms into intensive care units is also negatively affecting the growth of the orthopedic implant antibacterial coatings surface treatment market.
Market Overview and Dynamics
The Europe Orthopedic Implant Antibacterial Coatings Surface Treatment market is projected to reach US$ 49,787.7 million by 2028 from US$ 24,906.1 million in 2021; it is anticipated to grow at a CAGR of 10.4% from 2021 to 2028. The orthopedic implant antibacterial coatings surface treatment market is characterized by the presence of various small and big companies. The market players are adopting the strategies such as new product launch, regional expansion, and technological advancements to increase their market share. Rising demand for orthopedic implants due to increasing number of orthopedic incidences and increased prevalence of surgical site infections related with orthopedic implants has encouraged market players to launch new product in orthopedic implant antibacterial coatings surface treatment market. Microbial colonization, infection, and biofilm formation are major complications in the use of implants and are the predominant risk factors in orthopedic implant failure. Through the development of biomaterials and nanotechnology, antimicrobial nanoparticles are becoming promising candidates for implant coatings. Market players are investing in R&D to develop advanced technologies and gain more revenue share by acquiring regulatory approvals and marketing access.
Key Market Segments
In terms of type, the active surface finishing/modifications (ASM) segment accounted for the largest share of the Europe Orthopedic Implant Antibacterial Coatings Surface Treatment market in 2020. Further, based on material type, the metallic coatings segment held the largest market share in 2020.
Major Sources and Companies Listed
A few major primary and secondary sources referred to for preparing this report on the Orthopedic Implant Antibacterial Coatings Surface Treatment market in Europe are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are DOT GmbH, Covalon Technologies Ltd., Sciessent LLC, Harland Medical Systems, Inc., Isoflux, Inc., Allvivo Vascular, Inc., aap Implantate AG, BASF SE, and Agienic Inc.
Reasons to Buy Report
EUROPE ORTHOPEDIC IMPLANT ANTIBACTERIAL COATINGS SURFACE TREATMENT MARKET SEGMENTATION
By Country
Companies Mentioned
Strategic insights for the Europe Orthopedic Implant Antibacterial Coatings Surface Treatment provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.
Report Attribute | Details |
---|---|
Market size in 2021 | US$ 24,906.1 Million |
Market Size by 2028 | US$ 49,787.7 Million |
Global CAGR (2021 - 2028) | 10.4% |
Historical Data | 2019-2020 |
Forecast period | 2022-2028 |
Segments Covered |
By Type
|
Regions and Countries Covered | Europe
|
Market leaders and key company profiles |
The geographic scope of the Europe Orthopedic Implant Antibacterial Coatings Surface Treatment refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.
The Europe Orthopedic Implant Antibacterial Coatings Surface Treatment Market is valued at US$ 24,906.1 Million in 2021, it is projected to reach US$ 49,787.7 Million by 2028.
As per our report Europe Orthopedic Implant Antibacterial Coatings Surface Treatment Market, the market size is valued at US$ 24,906.1 Million in 2021, projecting it to reach US$ 49,787.7 Million by 2028. This translates to a CAGR of approximately 10.4% during the forecast period.
The Europe Orthopedic Implant Antibacterial Coatings Surface Treatment Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Europe Orthopedic Implant Antibacterial Coatings Surface Treatment Market report:
The Europe Orthopedic Implant Antibacterial Coatings Surface Treatment Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The Europe Orthopedic Implant Antibacterial Coatings Surface Treatment Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the Europe Orthopedic Implant Antibacterial Coatings Surface Treatment Market value chain can benefit from the information contained in a comprehensive market report.