Revenues from Smart Coatings and Surfaces for Combatting Bacteria and Viruses Projected to Top $1 Billion by 2025
The severity of COVID-19 means that both consumer and industrial markets are now intensely interested in providing antimicrobial protection to employees and loved ones.
The market for smart antibacterial and antiviral products will reach $1.3 billion by 2025, according to a recent report from n-tech Research. Growth will be driven by efforts to combat COVID-19 and provide safer workplaces, healthcare, and improved public health.
In the past, the biggest drivers for smart antimicrobials have been healthcare-acquired infections (HAIs) and antibiotic-resistant bacteria. The advent of COVID-19 has broadened the market. The severity of COVID-19 means that both consumer and industrial markets are now intensely interested in providing antimicrobial protection to employees and loved ones. The COVID-19 scare promoted product development in both antivirals and antibacterials.