Hydrophilic Coatings Market | SurModics Inc., Aculon Inc., Surface Solutions Group LLC, Hydromer Inc.

Hydrophilic coatings refer to low friction and wettable coatings majorly applied to various medical devices including cannulas, catheters, and guide wires. Hydrophilic coatings on medical devices produce a lubricious surface reducing irritation and trauma caused by the insertion of a medical device in the body. In addition to this, hydrophilic coatings help to prevent the medical devices from bacterial colonization, thereby reducing the possibility of infections.

The major factors propelling the growth of this market include the increasing adoption of hydrophilic coatings from end-use industries, such as healthcare, automotive, aerospace, and marine. Hydrophilic coatings exhibit water attracting properties and produces a hydrogen bond, which creates a lubricious and wettable coating that can be applied to a variety of surfaces and materials. Furthermore, the growing demand for lightweight materials in the automotive industry is expected to boost the growth of this market in near future. However, the high production cost of the hydrophilic coatings coupled with the lower shelf life of these products are the major factors hindering the growth of the market.

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Detailed Segmentation:

Global Hydrophilic Coatings Market, By End-Use Industry:
Healthcare
Automotive
Aerospace
Marine
Optics
Others

Global Hydrophilic Coatings Market, By Substrate:
Polymers
Glass
Metal
Nanoparticles
Others

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Based on end-use industry, healthcare segment emerged as the leading market in 2016 and is expected to retain market dominance throughout the forecast period. This is due to its lubricious coatings on the disposable medical devices including guide wires and catheters. These coatings lower down the insertion force, which reduces the possibilities of severe abrasion between the vessel walls and the surface of the device. Moreover, the qualities including biocompatibility, durability, sterility, and flexibility are some of the major factors propelling the growth of hydrophilic coatings market in the healthcare sector.

Based on substrates, the hydrophilic coatings market is segmented into polymers, glass, metal, nanoparticles, and others. The polymer segment is expected to record a rapid growth in near future witnessing highest CAGR during the forecast period.

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