Medical device coatings help protect medical devices from the wear and tear factor. With constant use, medical equipment can develop corrosion and other damages that may result in the breakdown of important components. These coatings also help from limiting cross-contamination, thereby halting spread of hospital-acquired infections and other infections.
Market Dynamics:
Approval and launch of new coating platforms is expected to propel growth of the global medical device coatings market over the forecast period. For instance, in June 2021, the U.S. Food and Drug Administration accepted a Device Master File for a patented coating platform from LiquiGlide Biomedical. The platform can be used to enhance the performance of a wide range of medical products, including vascular access and implantable devices.
Major players in the global medical device coatings market are focused on adopting various strategies to enhance their market share. For instance, in September 2021, Biocoat, Inc., a specialty manufacturer of hydrophilic biomaterial coatings for medical devices, expanded its on-site ISO-certified, full-service contract coating service unit to include the ability to cure via ultraviolet light, along with the ability to plasma treat interventional medical devices.
Key features of the study:
- This report provides in-depth analysis of the global medical device coatings market, and provides market size (US$ Million) and compound annual growth rate (CAGR%) for the forecast period (2021–2028), considering 2020 as the base year
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
- It profiles key players in the global medical device coatings market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
- Key companies covered as a part of this study include AdvanSource Biomaterials Corporation, AST Products, Inc., BioCoat, Inc., Coatings2Go, LLC, Covalon Technologies Ltd., Harland Medical Systems, Inc., Hemoteq AG, Hydromer, Inc., Merit Medical Systems, Inc., PPG Industries, Inc., and Precision Coating Company, Inc.
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
- The global medical device coatings market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global medical device coatings market
Detailed Segmentation:
- Global Medical Device Coatings Market, By Product Type:
- Hydrophilic
- Antimicrobial
- Global Medical Device Coatings Market, By Application:
- General Surgery
- Cardiovascular Surgery
- Global Medical Device Coatings Market, By Region:
- North America
- By Product Type
- Hydrophilic
- Antimicrobial
- By Application
- General Surgery
- Cardiovascular Surgery
- By Country
- Latin America
- By Product Type
- Hydrophilic
- Antimicrobial
- By Application
- General Surgery
- Cardiovascular Surgery
- By Country
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- Europe
- By Product Type
- Hydrophilic
- Antimicrobial
- By Application
- General Surgery
- Cardiovascular Surgery
- By Country
- Germany
- U.K.
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- By Product Type
- Hydrophilic
- Antimicrobial
- By Application
- General Surgery
- Cardiovascular Surgery
- By Country
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- Middle East
- By Product Type
- Hydrophilic
- Antimicrobial
- By Application
- General Surgery
- Cardiovascular Surgery
- By Country
- GCC
- Israel
- Rest of Middle East
- Africa
- By Product Type
- Hydrophilic
- Antimicrobial
- By Application
- General Surgery
- Cardiovascular Surgery
- By Country/Region
- South Africa
- Central Africa
- North Africa
- Company Profiles
- AdvanSource Biomaterials Corporation*
- Company Highlights
- Products Portfolio
- Key Highlights
- Financial Performance
- Strategies
- AST Products, Inc.
- BioCoat, Inc
- Coatings2Go, LLC
- Covalon Technologies Ltd
- Harland Medical Systems, Inc.
- Hemoteq AG
- Hydromer, Inc.
- Merit Medical Systems, Inc.
- PPG Industries, Inc.
- Precision Coating Company, Inc.
“*” marked represents similar segmentation in other categories in the respective section.
