Medical Device Coatings Market Analysis|Outlook & Forecast 2022| DSM Biomedical, Surmodics

 

Medical coatings range from lubrications to anti-microbial liquids to water repellent polymers, and each variety of coating is used on a multitude of devices for many different applications. Medical device coatings can provide excellent properties, such as high lubricating, low friction, superior durability, thus can expand the using range, extend the usable life, and improve the effectiveness of medical devices. It can also ease the patients' pain and reduce treatment risks.
Highlights
Considering the economic change due to COVID-19 and Russia-Ukraine War Influence, the global Medical Device Coatings market is projected to reach US$ million by 2028 from an estimated US$ million in 2022, at a CAGR of % during 2023 and 2028.
In United States, Medical Device Coatings key players include DSM Biomedical, Surmodics, SCS, Biocoat, Covestro, etc. Global top five manufacturers hold a share over 85%.
Northeast is the largest market, with a share over 45%, followed by Midwest, and South, both have a share about 50 percent

In terms of product, Hydrophilic Coatings is the largest segment, with a share over 65%. And in terms of application, the largest application is Cardiovascular, followed by Orthopedics, Urology and Gastroenterology, Surgical Instruments, etc.

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Complete study of the global Medical Device Coatings market is carried out by the analysts in this report, taking into consideration key factors like drivers, challenges, recent trends, opportunities, advancements, and competitive landscape. This report offers a clear understanding of the present as well as future scenario of the global Medical Device Coatings industry. Research techniques like PESTLE and Porter's Five Forces analysis have been deployed by the researchers. They have also provided accurate data on Medical Device Coatings production, capacity, price, cost, margin, and revenue to help the players gain a clear understanding of the overall existing and future market situation.

 
Segmental Analysis

The report has classified the global Medical Device Coatings industry into segments including product type and application. Every segment is evaluated based on growth rate and share. Besides, the analysts have studied the potential regions that may prove rewarding for the Medical Device Coatings manufacturers in the coming years. The regional analysis includes reliable predictions on value and volume, thereby helping market players to gain deep insights into the overall Medical Device Coatings industry.

Global Medical Device Coatings Market Segment By Type:

Hydrophilic Coatings
Antimicrobial Coatings
Drug Delivery Coatings
Others

Global Medical Device Coatings Market Segment By Application:

Cardiovascular
Orthopedic Implants
Surgical Instruments
Urology and Gastroenterology
Others

Competitive Landscape

It is important for every market participant to be familiar with the competitive scenario in the global Medical Device Coatings industry. In order to fulfill the requirements, the industry analysts have evaluated the strategic activities of the competitors to help the key players strengthen their foothold in the market and increase their competitiveness.

Key companies operating in the global Medical Device Coatings market include: DSM Biomedical, Surmodics, SCS, Biocoat, Covestro, Coatings2Go, Thermal Spray Technologies, Hydromer, Harland Medical Systems, AST Products, Precision Coating, Surface Solutions Group, ISurTec, Whitford, AdvanSource Biomaterials
 
Key questions answered in the report:

What is the growth potential of the Medical Device Coatings market?
Which product segment will grab a lion's share?
Which regional market will emerge as a frontrunner in the coming years?
Which application segment will grow at a robust rate?
What are the growth opportunities that may emerge in the Medical Device Coatings industry in the years to come?
What are the key challenges that the global Medical Device Coatings market may face in the future?
Which are the leading companies in the global Medical Device Coatings market?
Which are the key trends positively impacting the market growth?
Which are the growth strategies considered by the players to sustain their hold in the global Medical Device Coatings market?
 
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