Current anti-microbial surface coatings require pathogens to stick to their surface to be inactivated. Inactivation can take time leaving people potentially exposed to contamination and infection.
(Orbis Research, 2021)
REPELWRAP will compete in the antimicrobial coating market that achieved global $ 1.3 billion in 2020 and is estimated to reach $3.5 billion by 2025.
Current COVID-19 pandemic and rising concern of healthcare acquired infections is projected to boost overall industry growth with an estimated 13% CAGR (2020-2027).
The transfer of pathogens in 55,000+ healthcare settings in North America can be dangerous and often deadly for patients. Each year more than 1.7 million Americans per year are impacted by hospital-acquired infections. In Canada one in nine hospital patients acquire a hospital associated infection resulting in more than 8,000 deaths/year.
In addition to the significant impact infections have on critically ill or compromised patients (e.g. prolonged hospital stay, long-term disability, increased resistance of microorganisms to antimicrobials), treating these infections is a tremendous cost. In the US alone, the economic burden of hospital-acquired infections is estimated to be between $28 and $45 billion.
FendX’s technology can help prevent the spread of infection in highly-sensitive environments by protecting medical devices, equipment, and high touchpoint areas.
There are over 900,000 buses, subways, and trains in operation across North America, Europe and Japan. Not to mention, hundreds of thousands more taxi cabs and ride sharing vehicles.
Every day, millions of people use these forms of public transportation – touching railings, seats, windows, handles and more. FendX can protect high touch points on public transportation to help stop the spread of pathogens.
There are over 200,000 schools in North America, Europe, and Japan. Protecting high touch points areas such as desks, door handles, books, and computer equipment and preventing the transmission of pathogens in the education system is another opportunity for FendX.
Public settings are major sources of pathogen spread. Our protective surface coatings could be applied to highly touched items like door handles, handrails, tabletops, and chairs.
Constant sanitation of such large venues is next to impossible. Protecting high-contact touchpoints such as seats, railings, and washrooms is another opportunity for FendX.