Nanocoatings Market Analysis & Forecast (2017-2026)
The nanocoatings market is gradually expanding over time, compelling the companies to come up with various collaborative strategies in order to sustain themselves in the intensely competitive market. The companies with identical goals pool resources and sign joint venture programs in order to assist each other in achieving these goals. This process helps the companies to gain access to one another’s technologies and facilitates them in achieving their objectives in a more efficient manner. In other words, it results in making use of each other’s expertise for delivering a better end product.
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In the medical & healthcare industry, anti-microbial nanocoatings are widely used in hospitals to provide resistivity to bacterial growth, thereby minimizing the risk of numerous infections and ensuring proper hygiene in critical environments. The anti-microbial nanocoatings used in the medical and healthcare sector are expected not to have any chemical impurities and should not change the characteristics of the equipment they are applied on. According to a report published by the Centers for Disease Control and Prevention (CDC), approximately XX million healthcare associated infections are registered, in a year, in the U.S. This number can reduced with the use of anti-microbial nanocoatings.
Nanocoatings are widely used for the implants in medical & healthcare industry. The nanocoatings for implants should be thermally stable, have good thermal, and electrical conductivity, and should demonstrate fair degree of bio-stability, and compatibility. The need for spinal, orthopedic, and dental implants by the ageing population is a driving factor for the growth of the medical implants nanocoatings market. Medical textile is also a promising market which is slowly growing from its niche phase. These textiles have excellent anti-microbial properties and research is being done to control the delivery of antimicrobial, and antibacterial compounds through textiles.
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