The North America anti-microbial coatings market is anticipated to grow at a considerable CAGR of 9.0% during the forecast period (2021-2027). As anti-microbial coatings have a major application in the healthcare industry due to the rise of infectious diseases such as COVID-19. The advance and developed healthcare infrastructure of North America and increased heath expenditure will be highly contributing to the growth of the market. For instance, according to The Commonwealth Fund, in 2018, the United States spent 16.9% of its GDP on healthcare services, approximately twice as much as the average OECD country. Moreover, the US spends more than $10,000 per person on health care, which is more than twice as much as Canada, UK, Australia, France, and New Zealand.
Browse the full report description North America Antimicrobial Coatings Market by Product Type (Embedded Sensors, Portable Devices), By Technology used (MOS, QCM, and Conducting Polymer), By End User (Health Care, Environmental Monitoring, and Food & Beverages Industry), and Forecast (2021-2027) at https://www.omrglobal.com/industry-reports/north-american-anti-microbial-coatings-market
Rising acquisitions, product approval, collaborations among the major players in the market also propel the growth of the market. For instance, in April 2020, -Covalon Technologies Ltd, recently announced the development of a breakthrough antimicrobial technology designed to destroy the COVID-19 virus. The new technology, known as CovaGuardTM, is efficient at destroying pathogens like the COVID-19 virus on contact while also providing long-term protection by trapping and deactivating microbes. The CovaGuard technology has been patented by the company.
CovaGuard, like most sanitizers, complies with CDC guidelines by utilizing a high concentration of alcohol as its base to provide instant contact-killing effectiveness within seconds. With the introduction of this new technology, the company was able to help the spread of the COVID-19 virus and protect patients, healthcare workers, file responders, and the general public during such emergency times.
Market Coverage
o By Type
o By Application
Key questions addressed by the report
o Deviation from the pre-COVID-19 forecast
o Most affected region and segment
North American Anti-Microbial Coatings Market Report Segment
By Type
By Application
North American Anti-Microbial Coatings Market Report Segment by Region
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