Global Medical Device Coatings Market is expected to grow at a CAGR of 6.9% during the period 2021-2027

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The study considers a detailed scenario of the current Medical Device Coatings market and its dynamics for the period 2022-2027. It covers a detailed overview of several market growth catalysts, restraints, and trends.

New York, May 02, 2022 (GLOBE NEWSWIRE) — Reportlinker.com announces the publication of the report “Medical Device Coatings Market – Global Outlook & Forecast 2022-2027” – https://www.reportlinker.com/p06272736/?utm_source=GNW
The report presents both the demand and supply sides of the market. It profiles and reviews leading companies and other eminent ones operating in the industry.

Global Medical Device Coatings Market is expected to grow at a CAGR of 6.9% during the period 2021-2027

With the advent of COVID-19, many scientists have started to develop new environment-friendly surface coating nanomaterials from metal ions and antiviral and antibacterial polymers that can prevent infection from the Surface bound SARS-CoV-2.

MARKET GROWTH FACTORS

• Growing demand for antimicrobial coatings
• Increase in demand for minimally invasive surgeries
• Technological innovations in medical device coatings

SEGMENTS OF THE GLOBAL MEDICA DEVICE COATINGS MARKET

• Hydrophilic coatings accounted for the highest share of over 31% in the global medical device coatings market owing to their wide application on medical devices for lubricity and compatibility.
• Metallic coatings provide antibacterial properties, durability, compatibility and other characteristics when applied to medical devices, which contributes its largest share of approximately 64.60% compared to non-metallic coatings in the global medical device coatings market.
• Catheters being the most commonly used medical devices in healthcare facilities accounted for the major share of more than 29% in the global medical device coatings market in 2021.

Segmentation by coating type
• Hydrophilic
• Antimicrobial
• Medicated eluent
• Thromboresistant
• others

Segmentation by material
• Metallic
• Non metallic

Product segmentation
• Catheters
• Implants
• Electrosurgical instruments
• Stents
• Other

GEOGRAPHICAL ANALYSIS
• In 2021, North America dominated the global medical device coatings market with the highest share of over 38.00% due to its large presence of manufacturers, high use of medical devices and advances in medical coatings.

Segmentation by geography

• North America
o United States
o Canada

• Europe
o Germany
o United Kingdom
o France
o Italy
o Spain

• Asia Pacific
o China
o Japan
o Australia
o India
o South Korea

• Latin America
o Brazil
o Mexico
o Argentina

• Middle East and Africa
o Turkey
o Saudi Arabia
o South Africa

VENDOR LANDSCAPE
• Most of the major players are focusing on implementing several strategies such as product launches and approvals, marketing and promotional activities, acquisitions, increasing R&D investments and strengthening their networks to increase their market share and presence.

Main suppliers
• Hydromer
• Covalon
• DSM
• AST products
• BioInteractions
• Specialized coating systems
• Scissent

Other Important Suppliers
• Advanced industrial coatings
• Allvivo Vascular
• Future
• Axalta coating systems
• BioCote
• Biomeric
• Carmeda AB
• DOT GmbH
• Endura Coatings
• ENS Technology
• Formacoat
• Freudenberg Medical
• Harland Medical Systems
• Hemoteq addresses
• Isoflux
• jMedtech coating technologies
• Medical merit systems
• Microban
• Mitsubishi Chemical America (AdvanSource biomaterials)
• Mitsui Chemicals
• NanoSono
• Orchid
• Orion Industries
• Para-Coat Technologies
• Precision coating company
• Overpriced
• The Sherwin-Williams Company
• TCT
• UAT systems
• Wright Coating Technologies
• Biolayer
• Corline Biomedical
• Surface Solution Group
• IST (integrated surface technologies)
• Cytonix
• Medtronic
• Teleflex
Read the full report: https://www.reportlinker.com/p06272736/?utm_source=GNW

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