19.02.2020 Views

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.

SHOW MORE
SHOW LESS

You also want an ePaper? Increase the reach of your titles

YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.

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.

Browse Full Research Report @

https://www.millioninsights.com/industry-reports/medical-device-coatings-market

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.

Get a Sample Copy of This Report @

https://www.millioninsights.com/industry-reports/medical-device-coatings-market/request-sample

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.

See More Reports of This Category by Million Insights @

https://www.millioninsights.com/industry/chemicals-and-materials

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

Browse Full Research Report @

https://www.millioninsights.com/industry-reports/medical-device-coatings-market

Get in touch

At Million Insights, we work with the aim to reach the highest levels of customer satisfaction. Our

representatives strive to understand diverse client requirements and cater to the same with the most

innovative and functional solutions.

Contact Person:

Ryan Manuel

Research Support Specialist, USA

Email: ryan@millioninsights.com

Global Headquarters

Million Insights

Felton Office Plaza 6265 Highway 9

Felton, California 95018, United States

Phone: 1-408-610-2300

Email: sales@millioninsights.com

Asia Pacific

Million Insights

Office No. 302, 3rd Floor, Manikchand

Galleria, Model Colony, Shivaji Nagar,

Pune, MH, 411016 India

Phone: 91-20-65300184

Email: sales@millioninsights.com

Visit Our Blog:

www.millioninsights.blogspot.com

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!