Zion
Market Research has published a new report titled “Medical Device
Coatings Market (Hydrophilic
Coatings, Anti-Microbial Coatings, Anti-Thrombogenic Coatings, Drug-Eluting
Coatings and Other Coatings) for Orthopedics, Neurology, Cardiovascular,
General Surgery, Gynecology, Dentistry and Other End-users: Global Industry
Perspective, Comprehensive Analysis and Forecast, 2015 - 2021.” According to
the report, global demand for medical device coatings market was valued at
around USD 8.1 billion in 2015 and is expected to generate revenue of USD 11.8
billion by end of 2021, growing at a CAGR of around 7.8% between 2016 and
2021.
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Medical
device coatings are typically used in the healthcare industry; it helps to
modify the surfaces of devices, equipment, and implants. Medical device coating
helps to improve the surface properties of medical devices. The increase in a
spread of contact diseases, especially in healthcare facility providing sites
has resulted in an increase in demand for medical device coating. As, medical
devices are constantly used and come in constant contact with human body, after
a particular period of use these devices can act as a medium for the spread of
various diseases. Medical device coatings help to increase the overall utility
of medical devices.
Global medical device coatings
market is primarily driven by the growth of medical device industry in Asia Pacific
region, especially in China. Another major driving factor is increasing demand
for minimally invasive procedures coupled along with technological innovations.
However, volatile raw material prices and strict government regulations implied
on this industry are major restraints that may limit the growth of the market.
Nonetheless, growing demand for nano – coatings as the medical device coating
material is likely to disclose the new avenues for medical device coatings
market in the near future.
The medical device coatings
market is segmented on the basis of different products including hydrophilic
coatings, anti-microbial coatings, anti-thrombogenic coatings, drug-eluting
coatings and other coatings. In 2015, the anti-microbial coating was the largest
segment in medical device coatings market and accounted for largest share of
the total market. Additionally, it is expected to continue its dominance and be
the fastest growing segment in the global market over the forecast period.
Hydrophilic coatings segment is expected to witness the fastest growth due to the adequate wetting ability provided by them which helps in smooth lubrication which in turn helps in its usage in the broad range of medical devices.
Hydrophilic coatings segment is expected to witness the fastest growth due to the adequate wetting ability provided by them which helps in smooth lubrication which in turn helps in its usage in the broad range of medical devices.
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Orthopedics,
neurology, cardiovascular, general surgery, gynecology, dentistry and other are
the key end-user segment of the global medical device coatings market. The
general surgery end-user segment dominated the market in terms of revenue while
orthopedics and cardiovascular devices segment followed general surgery
segment. The cardiovascular device is likely to have a significant growth
within the forecast period.
North America, Europe,
Asia-Pacific, Latin America and the Middle East & Africa are key regional
segments of global medical device coatings market. North America is expected to
remain the dominant region over the forecast period in 2015. Europe was the
second largest market for medical device coating in 2015. Asia Pacific is
expected to be the fastest growing and the largest revenue contributing region
in medical device coatings market during the forecast period. Moreover, Latin
America is also expected to show noticeable growth for this market in the years
to come.
Some of the key players in
medical device coatings market include Hydromer, Inc., Hemoteq AG, Covalon
Technologies Ltd., SurModics, Inc., Royal DSM N.V., BioCoat, Inc., Coatings2Go,
LLC, Harland Medical Systems, Inc., Merit Medical Systems, Inc., Sono-Tek
Corporation., PPG Industries, Inc. and Precision Coating Company, Inc.
Browse detail report at: https://www.zionmarketresearch.com/report/medical-device-coatings-market
This
report segments the global medical device coatings market as follows:
Global Medical Device Coatings Market: Product Segment Analysis
Global Medical Device Coatings Market: Product Segment Analysis
·
Hydrophilic Coatings
·
Anti-Microbial Coatings
·
Anti-Thrombogenic Coatings
·
Drug-Eluting Coatings
·
Other Coatings
Global Medical Device Coatings Market: End-user
Segment Analysis
·
Orthopedics
·
Neurology
·
Cardiovascular
·
General Surgery
·
Gynecology
·
Dentistry
·
Others
Global Medical Device Coatings Market: Regional
Segment Analysis
·
North America
o
U.S.
·
Europe
o
UK
o
France
o
Germany
·
Asia Pacific
o
China
o
Japan
o
India
·
Latin America
o
Brazil
·
The Middle East and Africa
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