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Recent research: Business model analysis in antimicrobial coatings for medical devices

Recent research: Business model analysis in antimicrobial coatings for medical devices

Key Players: Specialty Coatings Systems, Royal DSM, Hydromer, PPG Industries, BASF SE

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Antimicrobial coatings are layered onto medical devices intended to interact with biological systems. Incessant research globally for developing highly biocompatible coatings to reduce the risk of infections is a pivotal factor stimulating the growth of the global antimicrobial coatings market for medical devices.

This has led to the development of metallic (including silver, copper, and zinc) and non-metallic coatings (polymers and organic coatings, among others). Inquire For Complete Report Copy of Business Model Analysis in Antimicrobial Coatings for Medical Devices Key Players (Specialty Coatings Systems, Inc.

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(SCS), Royal DSM, Hydromer, Inc., PPG Industries, Inc., and BASF SE)at www.rnrmarketresearch.com/contacts…ing?rname=495095

The market is marked by the presence of well-established as well as smaller companies. Some of the prominent players in the global antimicrobial coatings market include BASF SE (Germany), AST Products, Inc. (U.S.), Bio Interactions LTD (U.K.), Covalon Technologies LTD (Canada), Sciessent LLC (U.S.), Royal DSM (Netherlands), Specialty Coating Systems, Inc. (U.S.), The Dow Chemical Company (U.S.), Hydromer, Inc. (U.S.), and PPG Industries, Inc. (U.S.).

A business model on some of these players is likely to serve as a blueprint for success in the antimicrobial coatings for medical devices market. According to the Centers for Disease Control and Prevention (CDC), around 2,000,000 patients contract hospital-acquired infections (HAIs) every year in the U.S., resulting in 100,000 deaths; HAIs cost the U.S.

healthcare system an estimated USD 45 billion annually. In addition, according to the European Centre for Disease, around 4,131,000 patients suffer from healthcare-associated infections every year in Europe.

A business model can be beneficial for the following stakeholders:

  • Manufacturers
  • Start-up Firms/Entrepreneurs
  • Resellers/Channel Partners/Distributors (Citing backward integration)
  • Market Research & Business Consulting Firms
  • Venture Capitalists/Investment Firms

Benefits to Manufacturers

The business model can help well-established/leading players and manufacturers in the industry to gauge competitor moves, align or re-align its business strategies to combat competition, or to create new growth engines. It also aids the development of a new model by altering the current business model in four broad categories—by changing the mix of products or services, postponing decisions, changing the decision-makers, and changing incentives in the value chain. 

“Business Model Analysis in Antimicrobial Coatings for Medical Devices” spread across 53 pages, profiling 05 companies and supported with 9 tables and 12 figures is now available at www.rnrmarketresearch.com/contacts…unt?rname=495095

Benefits to Start-Up Firms/Entrepreneurs

Start-ups companies/entrepreneurs can utilize business models to benchmark their offerings/services vis-à-vis competitors/leading players. It gives them a direction as to how to plan their business, and whether to enter a contested or uncontested space.

By following the business models of leading players, start-up companies/entrepreneurs can make strategic/tactical decisions on whether to follow the “Blue Ocean Strategy or Red Ocean Strategy or Purple Ocean Strategy” to sustain in the market and to garner market share. 

Manufacturers, start-up firms/entrepreneurs, resellers/channel partners/distributors (citing backward integration), market research & business consulting firms, and venture capitalists/investment firms are some of the key stakeholders who are likely to benefit from the business models of market players. The business model can help well-established/leading players and manufacturers in the industry to gauge competitor moves, align or re-align its business strategies to combat competition, or to create new growth engines.

Start-ups companies/entrepreneurs can utilize business models to benchmark their offerings/services vis-à-vis competitors/leading players. It gives them a direction as to how to plan their business, and whether to enter a contested or uncontested space.

Business models can incentivize resellers/channel partners/distributors who are eyeing backward integration to gain dominance in their businesses. Market research & business consulting firms can use these business models for validation of their research findings, and for consultation to third parties.

Venture capital is invested in exchange for an equity stake in the business. A business model may serve as a stepping stone in ascertaining which companies (operating in particular market) would be ideal for investing. 

Access this Report @ www.rnrmarketresearch.com/contacts…hase?rname=495095 

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