Selbyville,Delaware, United States,Nov 18 2020 (WiredRelease) Global Market Insights, Inc–:Increasing incidences of nosocomial infections that lead to higher demand for antibacterial coatings has supported the demand for antibacterial glass. The ability to inhibit the spreading of microbes and kill the surface bacteria makes the product an extremely viable option as compared to its alternatives. Extensive use of antimicrobial items in consumer electronics will positively influence the adoption of this material.
Moreover, the product finds widespread usage in the healthcare and medical sectors, due to its ability to control the spread of infections. According to the Centers for Disease Control, healthcare acquired infections account for nearly 1.7 million infections and 99,000 associated deaths annually in the U.S., indicating the strong prospects for antibacterial products.
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A high geriatric population along with the increase in the discovery of new diseases has magnified the use of advanced antibacterial glass solutions in hospitals and medical facilities. Increased acceptance of the product across oncology and hematology units, isolation wards and burn units will support the business outlook. Globally, antibacterial glass market size is anticipated to cross USD 335 million by 2026.
The COVID-19 pandemic has affected millions of people across the globe and has led to a large number of hospital admissions. The severity of the virus has urged the need to use antimicrobial solutions in the healthcare facilities to control the spread of the infection as well as to protect the lives of the doctors and the patients. Governments worldwide are working to improve the healthcare facilities, especially during these testing times to safeguard the health of the citizens.
Household applications will register notable demand for antibacterial glass in the coming for us ein in wall coverings, mirrors, and vision glazing. The improvement in disposable income among people over the years has amplified the need for advanced interior solutions.
Regionally speaking, Europe’s antibacterial glass market has witnessed significant gains over the years due to the high healthcare expenditure along with efforts undertaken by the people to improve the quality of hospitals. In the year 2017, European member states such as Sweden, Germany, and France recorded the highest healthcare expenditure relative to GDP i.e. between 11% to 11.3%.
Nearly 1 in every 10 Europeans that visit the hospitals are exposed to bacterial infections which leads to medical complications, a longer stay at the hospital, and death. The cost of these infections is considerably high, and a surgical site infection alone may be extremely expensive to European healthcare.
APAC antibacterial glass market has witnessed robust growth over the years due to the use of the product in electronic gadgets along with expanding smartphone manufacturing. The silver ion antibacterial technology which is deployed in the smartphone’s glass keeps the surface of the phone sanitized. Silver ions destroy the bacteria which comes in contact with the screen, potentially controlling the spread of harmful bacteria through contact.
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Antibacterial glass market is endowed with leading market players that are constantly working towards improving their offerings to meet the changing demands of the consumers as well as the growing need for hygiene in various sectors of the economy. Some of these companies include Saint-Gobain, Morley, Sprinz, Ishizuka, Glas Trosch, and AGC Glass Europe among numerous others. In March 2020, Swiss company Glas Trösch announced its plans to acquire Netherlands-based Scheuten International B.V. Following the transaction, Glas Trösch will expand its market in the BeNeLux region along with extending its product portfolio.
Surging demand for antibacterial glass may be attributed to the growing concerns over maintaining hygiene across various sectors of the economy. The governments have allotted adequate funds towards maintaining sanitization to control the cases of infections.
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source https://wiredrelease.com/press-release/robust-healthcare-application-to-outline-antibacterial-glass-market-trends-2-2020-11-17
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