Medical Device Coatings Market Competition by Manufacturers, Share, Size and Development Trends 2025
Medical device coating is being utilized to lessen such shortcomings. Medical device coating skill utilizes UV curing or an organic solvent for the function of coating the medical equipment. Water-based or dry formulations are utilized as coating technology which facilitates solvent free dispensation.
Medical device coating is being utilized to lessen such shortcomings. Medical device coating skill utilizes UV curing or an organic solvent for the function of coating the medical equipment. Water-based or dry formulations are utilized as coating technology which facilitates solvent free dispensation.
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Medical Device Coatings Market Manufacturers,
Suppliers and Top Key Players Analysis up to 2025
Forecast
“Medical device coating is being utilized to lessen such shortcomings.
Medical device coating skill utilizes UV curing or an organic solvent
for the function of coating the medical equipment. Water-based or
dry formulations are utilized as coating technology which facilitates
solvent free dispensation.”
Development in the design of medical devices such as guidewires, catheters and stents has enhanced the quality of
medical concern to a big extent. However, these equipments are prepared by materials which when approaching a
contact with the exterior environment can source undesirable difficulties such as blood clots, bacterial infection, and
tissue trauma. Medical device coating is being utilized to lessen such shortcomings. Medical device coating skill utilizes
UV curing or an organic solvent for the function of coating the medical equipment. Water-based or dry formulations
are utilized as coating technology which facilitates solvent free dispensation.
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The medical equipment coatings market is determined by growing healthcare consciousness in developing and
developed countries coupled with growing demand for enhanced healthcare & medical facilities. Medical device or
equipment coatings are being utilized for wear & tear, to counter microbial growth and avoidance of infection by
medical devices. Moreover, major foreign investment in the medical equipment industry in China coupled with
compassionate governmental policies and regulations is expected to drive requirement of medical equipment or
device coatings.
Growing requirement of nanotechnology supported coatings is projected to provide superior opportunities for
industry growth over the forecast period. Though, instability in a cost of raw materials coupled with severe
governmental policy and regulations is expected to obstruct market growth over the forecast period. Medical device
or equipment coatings assist in plummeting the roughness between tissues and medical devices, wetting, wearresistance,
uniform adhesion, offers surface coverage and coating homogeneity. Growing awareness about modestly
persistent surgeries amongst the patients is expected to drive the worldwide medical device coating industry. In
addition to which, expansion prospect in medical industries coupled with budding economies is expected to drive the
worldwide market for medical device coatings to some level over the forecast period. Growing people anxiety towards
wellbeing and health coupled with growing disposable earnings is however expected to augment the demand for
enhanced medical facilities over the forecast period. Moreover, shifting government regulation for medical devices
around diverse countries may obstruct the expansion of medical device coating industry to some extent.
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The occurrence of epidemics is growing at an upsetting rate. The high occurrence of chronic sickness, increasing
awareness about cleanliness, and growing worldwide population are critical reasons that are expected to fuel the
demand of medical device or equipment coatings market globally. While the development prospects of the industry
seem very capable, execution of severe government regulations and unstable raw material prices may obstruct the
market expansion to a level over the forecast period. On the basis of formulation of medical device coatings, the
market can be segregated into dry lubricant coatings, super-hydrophilic coatings, and adhesive coating.
Dry Lubricant coating is expected to capture maximum market share over the forecast period owing to its extensive
use over the forecast period. The super-hydrophilic medical device coating is accepted to grow at a very fast rate over
the forecast period owing to increasing demand for such devices which demands great optical clarity coupled with
excellent water attraction. On the basis of a type, the market can be segregated into Drug-eluting coatings, Hydrophilic
coatings, and Anti-microbial coatings. Antimicrobial coatings are expected to capture maximum profit over the
forecast period owing to their huge demand in medical and healthcare industry. The drug-eluting coating is expected
to capture the second largest revenue over the forecast period owing to their capability of slow releasing of drugs for
removal of blockages in veins or arteries.
Hydrophilic coatings are expected to be the fastest growing section over the forecast period owing to their capability
of providing smooth lubrication when they are in touch with human tissue. On the basis of their utilization over medical
industry, the market can be segregated into orthopaedics, neurology, surgery, gynecology, cardiology, ophthalmology,
dentistry and others. Cardiology is expected to capture maximum revenue over the forecast period owing to their
extensive use in various instruments such as angioplasty, balloon catheters, occlusion devices, percutaneous devices,
coronary stents, guide wires, and others.
On the basis of a geographical region, the market can be segregated into Asia Pacific, North America, Europe and Rest
of World. North America is expected to capture maximum market share in terms of revenue over the forecast period
owing to the US which is expected to be the huge market for medical device coating. Asia Pacific is expected to grow
rapidly over the forecast period owing to developing market of India and China. Superior growth outlook in the medical
& healthcare industry has pressurized many multinational companies to endow more in the budding market of Asia
Pacific. Europe is expected to be the second-largest market in terms of revenue Some of the key players in the market
are Sono-Tek Corp, Royal DSM N.V., Parlex Corp, TheraSyn Pharmaceuticals Inc., N8 Medical Inc, Hydromer Inc., Abbott
Laboratories, Materion Corp., Surmodics Inc., AST Products, Precision Coating Company Inc., Kane Biotech Inc. and
Specialty Coating Systems Inc.
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Market Segment:
Product Outlook (Volume, Kilo Tons; Revenue, USD Million;2014 - 2025)
• Hydrophilic coatings
• Antimicrobial coatings
• Drug-eluting coatings
• Anti-thrombogenic coatings
• Others
Application Outlook (Volume, Kilo Tons; Revenue, USD Million;2014 - 2025)
• Neurology
• Orthopedics
• General surgery
• Cardiovascular
• Dentistry
• Gynecology
• Others
Regional Outlook (Volume, Kilo Tons; Revenue, USD Million;2014 - 2025)
• North America
• U.S.
• Europe
• Germany
• Asia Pacific
• China
• India
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