Antimicrobial-coated Medical Devices Market

Antimicrobial-coated Medical Devices Market Outlook (2023 to 2033)

The antimicrobial-coated medical devices market size is projected to be valued at USD 1,485.0 million in 2023 and is expected to rise to USD 5,123.5 million by 2033. The sales of antimicrobial-coated medical devices are expected to register a significant CAGR of 13.2% during the forecast period.

Growth is attributed to the rising awareness about bacterial and microbial infections. From 2018 to 2022, the market experienced a CAGR of 8.9%. The antimicrobial coating is useful in healthcare-associated infections. The antimicrobial coating features a highly effective viable antimicrobial coating and modifications precisely dosed and delivered right from the surface of the medical device.

Antimicrobial coating targets the reduction of accumulation on biomedical devices through changing interfacial characteristics.

The increasing awareness about bacterial and microbial infections led to the rising demand for antimicrobial-coated medical devices is expected to provide growth opportunities for the market.

North America is considered a highly lucrative market for the antimicrobial-coated medical devices market, driven primarily by its utilization across the healthcare sector and rapid infrastructure development in healthcare.

The high cost of the coating process and stringent rules and regulations restrict the demand for antimicrobial coating and restrain the growth of the global antimicrobial-coated medical devices market over the forecast period.

Attribute	Details
Market Estimated Size (2023)	USD 1,485 million
Market CAGR (2023 to 2033)	13.2%
Devices Market Forecasted Size (2033)	USD 5,123.5 million

Which are Some Prominent Drivers Spearheading the Market Growth?

Technological advancement in the healthcare sector and the increasing burden of cardiovascular diseases are expected to accrue significant benefits to the global antimicrobial-coated medical devices market. Also, technological advancements in antimicrobial coatings and the growing implantable devices market are expected to propel the growth of the antimicrobial-coated medical devices market in forecasting years.

The increasing research and development activities and innovations in the antimicrobial coating process are also expected to bolster the growth of the global antimicrobial-coated medical devices market. The advanced medical infrastructure and facilities are also expected to propel the demand for antimicrobial-coated medical devices, driving the global market over a forecast period.

What are the Challenges Faced by the Antimicrobial-coated Medical Devices Industry?

Although the antimicrobial-coated medical devices market has numerous uses, numerous obstacles likely pose a challenge to market growth. High costs associated with a coating process and other components may hamper the growth of the global antimicrobial-coated medical devices market.

In addition, the stringent rules and regulations and unfavorable reforms for the material and process used for antimicrobial coating for medical devices may hinder the growth of the antimicrobial-coated medical devices market in the forecasting period. The limitations related to metallic coatings, such as silver coating and copper coating, due to antimicrobial resistance, may restrain the growth of the global antimicrobial-coated medical devices market over the forecast period.

Category-wise Insights of Antimicrobial-coated Medical Devices

Antimicrobial-coated Catheters Hold a Significant Share of 37.20% in the Antimicrobial-coated Catheters Market.

These catheters are specially designed with coatings that help inhibit the growth of bacteria and reduce the risk of catheter-associated infections.

Antimicrobial-coated catheters have become increasingly important due to the high prevalence of catheter-related infections and associated healthcare complications. Antimicrobial coatings on catheters act as a protective barrier, preventing the colonization of microorganisms on the catheter surface and reducing the likelihood of infection transmission.

The antimicrobial-coated catheters market encompasses a wide range of catheter types, including urinary catheters, central venous catheters, peripheral intravenous catheters, and arterial catheters. These catheters are used in various healthcare settings, such as hospitals, clinics, and home care, to provide essential medical interventions.

Metallic antimicrobial-coated medical devices, specifically catheters, hold a substantial share of 53.80% in the antimicrobial-coated catheters market.

These devices are equipped with metallic coatings, such as silver, copper, or zinc, which possess inherent antimicrobial properties. The use of metallic coatings on catheters has gained traction due to their effectiveness in inhibiting the growth of bacteria and reducing the risk of infections. Metallic antimicrobial-coated catheters find extensive application in various medical settings, including urinary catheters and central venous catheters.

The durable antimicrobial activity of these coatings provides prolonged protection against microbial colonization, making them a preferred choice for healthcare providers aiming to enhance patient safety and minimize catheter-associated infections. As the awareness of infection control continues to increase, the demand for metallic antimicrobial-coated catheters is expected to grow, contributing to the overall expansion of the antimicrobial-coated catheters market.

Regional Analysis

Why is North America Emerging as an Opportunistic Antimicrobial-coated Medical Devices Market?

North America is the leading market for the angiographic-catheters market. It is expected to continue into the forecast period owing to the increasing preference for advanced antimicrobial-coated medical devices over conventional procedures for patient safety purposes.

Rising awareness about antimicrobial-coated medical devices and increasing government investment in medical technologies are the other factors fueling the growth of this market in the region.

The region is forecast to have a 36.2% market share of the antimicrobial-coated medical devices market. North America is expected to be the next dominant region witnessing high adoption rates for the antimicrobial-coated medical devices market during the forecast period.

How is Europe Contributing to the Antimicrobial-coated Medical Devices Market Growth?

According to Future Market Insights, Europe is expected to provide immense growth opportunities for the antimicrobial-coated medical devices market due to the expansion of the healthcare sector in the region. The antimicrobial-coated medical devices market is expected to witness sustained growth over the forecast period.

The growth of the antimicrobial-coated medical devices market is driven by the increasing demand for antimicrobial-coated medical devices in the region. Europe accounts for a total of 27.8% share in the antimicrobial-coated medical devices market.

What is the Competitive Landscape in the Antimicrobial-coated Medical Devices Market?

The market is highly competitive due to the presence of several leading participants. While global players such as AST Products, Inc., Covalon Technologies Ltd., and BASF SE account for a considerable market size, several regional-level players are also operating across key growth regions.

Recent Developments :

Innovative antimicrobial coating technology was on display, including BioCote Limited's most recent advancements for plastic antimicrobial coating solutions. This increased the business's yearly revenue.

The company Hydromer has announced that Avinger, Inc. has chosen them as a significant partner for coating and services. This action aids the business in accelerating its market expansion.

Scope of the Report

Attribute	Details
Growth Rate	CAGR of 13.2% from 2023 to 2033
Base Year of Estimation	2023
Historical Data	2018 to 2022
Forecast Period	2023 to 2033
Quantitative Units	Revenue in USD million and Volume in Units and F-CAGR from 2023 to 2033
Report Coverage	Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, growth factors, Trends, and Pricing Analysis
Key Segments Covered	Device Type, Coating Material, By Region
Regions Covered	North America; Latin America; Europe; East Asia; South Asia; The Middle East & Africa; Oceania
Key Countries Profiled	The United States, Canada, Brazil, Mexico, Germany, Italy, France, The United Kingdom, Spain, Russia, China, Japan, India, GCC Countries, Australia
Key Companies Profiled	AST Products Inc.; Covalon Technologies Ltd.; BASF SE; Bio Interaction Ltd.; Royal DSM; Sciessent LLC; Specialty Coating Systems Inc.; Hydromer Inc.; Dow Chemical Company; Biocote; PPG Industries, Inc.
Customization & Pricing	Available upon Request

Key Segments Covered in the Antimicrobial-coated Medical Devices Market Report

By Device Type :

• Antimicrobial Coated Catheters
• Antimicrobial Coated Surgical Instruments
• Antimicrobial Coated Implantable Devices
• Other Antimicrobial Coated Devices

By Coating Material :

• Metallic Antimicrobial-coated Medical Devices
  • Silver Coating
  • Copper Coating
  • Other Metal Coatings
• Non-metallic Antimicrobial-coated Medical Devices
  • Polymeric Coating
  • Organic Coating
  • Organic Coating

By Region :

• North America
• Latin America
• Western Europe
• Eastern Europe
• Asia Pacific Excluding Japan (APEJ)
• Japan
• The Middle East & Africa (MEA)

Frequently Asked Questions

How Big is the Market?

The market is valued at USD 1,485.0 million in 2023.

What is the Current Market Valuation?

The market is estimated to secure a valuation of USD 5,123.5 million in 2033.

What is the Market's Growth Outlook?

Through 2033, the market is projected to continue to expand at a CAGR of 13.2%.

What is the Leading Device Type Segment in the Market?

Antimicrobial-coated catheters possess 37.20% of the antimicrobial-coated catheters market.

How Is Europe Shaping Market Growth?

Europe retains a market share of 27.8%.

What was the HCAGR of the Market?

The market grew at an HCAGR of 8.9% from 2018 to 2022.