As it is shown in the research report prepared by Crand View Research, global market for antibacterial glass is expected to 222 million US dollars by 2020.
At present, more and more Hospital Acquired Infections (HIA) cases drive the growth of antibacterial glass market. In terms of infection prevention, antibacterial glass can provide effective solutions, which will boost product demands for medical devices. In terms of medical device coating, increasing product demand will bring positive influences on global market in the next six years.
However, social cognition and consumer awareness about antibacterial glass-related products are still at a low level, which may restrain industrial development to some extent. Notwithstanding, we are confident that such condition will get better along with the continuous improvement of technologies. For instance, antibacterial glass-made touch panel for displays developed by Corning provides insiders with an excellent opportunity to involve in such field as well as business expansion.
Additional research data in the research report:
On the demand side, it is projected that hospitals will occupy the largest share in antibacterial glass market and enjoy the fastest growth over the next few years, for the reason that some hospital wards should be kept in a sterile environment, especially ICU and geriatric wards. Medical institutions accounted for 42.6% shares of global antibacterial glass market in 2013, with an estimated compound annual growth rate of 7.1% from 2014 to 2020.
In market territory, European market is predicted to maintain the leading position in the next six years. Revenues of antibacterial glass in such market accounted for 60.6% of that of the global market in 2013, with an estimated compound annual growth rate of 7.1% from 2014 to 2020.
Market supplies including Asahi Glass (Europe), NSG Group, Saint-Gobain and Corning, etc, enjoy a united degree of market activity in essence, especially the price sensitivity of users and customers. Product-oriented innovation is the key factor for suppliers to guarantee the achievement of expected growth strategy.