Press release
Medical Devices Coatings Market Expected to exceed $21655.48 Million Globally by 2026 | Top Key Players - Bayer, SurModics, AST Products, Biocoat Incorporated, Harland Medical Systems, Merit Medical Systems, Precision Coating Company, PPG Industries, Acul
Global Medical Devices Coatings Market OverviewThe Global Medical Devices Coatings Market is accounted for $10050.02 million in 2017 and expected to grow at a CAGR of 8.9% to reach $21655.48 million by 2026. Increasing in demand for implantable equipments and growing consciousness of hospital acquired infections (HAI) are some of the attributes fuelling the market growth. However, severe regulatory policies with contrary to MDC are hampering the market growth.
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Industry Insights:
Medical device coatings (MDCs) are substances that enhance the manoeuvrability and performance of medical devices. Their use results in reduced thromobogenicity and trauma to blood vessels. MDCs are utilized to protect the surfaces of different medical devices, such as cardiovascular, neurovascular, gynaecological, and others.
Major Players:
Some of the key players in the medical devices coatings market are Bayer, SurModics,Inc., AST Products, Inc., Biocoat Incorporated, Harland Medical Systems, Inc., Merit Medical Systems, Inc., Precision Coating Company, Inc., PPG Industries, Inc., Specialty Coating Systems, Inc., Aculon, Inc., Abbott Laboratories, Coatings2Go, LLC, Covalon Technologies Ltd., Hemoteq AG, Hydromer, Inc., Materion Corp., Royal DSM N.V., Sono-Tek Corp, AdvanSource Biomaterial Corporation and Surface Solutions Group, LLC are some of the main key players of medical devices coatings market.
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Market Segmentation:
With respect to application, cardiovascular devices section will possess major volume gains on account of rising preference for implants and cardiac pacemakers. With contrary to geography, Asia-Pacific possesses huge market potential for the market growth owing to boosting accessibility & availability of medical implants and other devices. This region is also anticipated to witness rapid market growth due to economic development.
Products Covered:
• Antimicrobial Coatings
• Anti-Thrombogenic Coatings
• Drug-Eluting Coatings
• Hydrophilic Coating
• Hydrophobic Coating
• Other Products
Nature of Formulations Covered:
• Super-Hydrophilic Coating
• Dry Lubricants Coating
• Adhesive Coating
Applications Covered:
• Cardiovascular Devices
• Dentistry
• General Surgery
• Gynecology
• Neurology
• Orthopedics
• Other Applications
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