According to a recent market report by Fractovia, the global antibacterial glass market size was evaluated at $ 160.1 million for 2015 and is predicted to be more than $ 270 million by end of the forecast period.The growing number of hospital acquired infections is projected to fuel the growth of the industry during forecast period. A few years ago scientists at Yonsei University in Seoul, capital of South Korea, invented a method by applying layer of silver ions to glass coating to hinder the development of pathogenic bacteria like Campylobacter jejuni, Escherichia coli and Salmonella typhimurium. The method is used to protect medical device and can also be used in military applications and disaster recovery. These scientists also explained that since middle of nineteenth century silver was known be an antibacterial material and found its applications in odour destroying socks and bactericidal formulations for medical devices. The global antibacterial glass market is segmented into key geographical regions including North America, Latin America, Asia Pacific, Europe and MEA. North American market is predicted to register a CAGR of 6.5% during the forecast period. Growth of the region can be credited to factors like rising focus on hospital segment, availability of best research & development facility, accessibility of modern systems, favourable government policies and growing awareness about the benefits of its utility among the population of the region. Europe is predicted to continue its industry domination during forecast period. It is projected to be evaluated at $ 170 million by the end of forecast period. Presence of key industry players and increasing demand for Smartphones with antibacterial glass cover is predicted to have a positive growth impact on Europe antibacterial glass market. The developing regions like China and India in Asia pacific are predicted to experience lucrative growth during forecast period owing to growing healthcare spending and rising public awareness about application of antibacterial glass. For more information visit www.fractovia.org/news/industry-research-report/antibacterial-glass-mar…
