Categories
Pharmaceutical

Medical Device Coating Market Is Growing With An Anticipated CAGR Of 7.2% By 2031

Medical Device Coating Market by Coating Type (Anti-Microbial Coatings for Medical Devices, Drug-Eluting Coatings for Medical Devices, Hydrophilic Coatings for Medical Devices), by Application (Coatings for Cardiovascular Devices, Coatings for Orthopedic Devices, Coatings for Neurology Devices) & Region – Global Forecast 2021-2031

The global medical device coating market is likely to be valued at US$ 1.2 Bn by 2021-end, with an anticipated CAGR of 7.2% across the 2021-2031 assessment period, with sales of hydrophilic coatings expected to be maximum at US$ 2 Bn. Overall, the market is slated to reach US$ 2.4 Bn by 2031.

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Prominent Key players of the medical device coating market survey report

  • AdvanSource Biomaterials Corporation
  • AeonClad Coatings LLC
  • Allvivo Vascular Inc.
  • Armology of Connecticut Inc.
  • AST Products Inc.
  • Biocoat Inc.
  • Carmeda AB
  • Covalon Technologies Ltd.
  • Hemoteq AG
  • Hydromer Inc.

Key Segments Covered

  • Type

    • Anti-Microbial Coatings for Medical Devices
    • Drug-Eluting Coatings for Medical Devices
    • Hydrophilic Coatings for Medical Devices
    • Other Types of Coatings for Medical Devices
  • Application

    • Coatings for Cardiovascular Devices
    • Coatings for Orthopedic Devices
    • Coatings for Neurology Devices
    • Coatings for Gynecology Devices
    • Coatings for Other Applications

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The insights for each vendor consists of:

  • Company profile
  • SWOT analysis
  • Main market information
  • Market share
  • Revenue, pricing and gross margin

What insights does the medical device coating report provide to the readers?

  • Medical device coating fragmentation on the basis of product type, end use, and region.
  • Comprehensive assessment of upstream starting materials, downstream demand, and present market landscape.
  • Collaborations, R&D projects, acquisitions, and product launches of each medical device coating player.
  • Various regulations imposed by the governments on the consumption of medical device coating in detail.
  • Impact of modern technologies, such as big data & analytics, artificial intelligence, and social media platforms on the global medical device coating.

The report covers following Medical device coating Market insights and assessment that are helpful for all participants involved in the Medical device coating market:

  • Data on recently introduced regulations and their impact on key industries and on demand in Medical device coating
  • Latest industry Analysis on Medical device coating Market, with key analysis of market drivers, trends, and influencing factors
  • Key trends Analysis of Medical device coating Market and changing consumer preferences in major industries.
  • Changing Medical device coating demand and consumption of diverse products
  • Major trends underlining funding by key investors in numerous countries
  • New investment opportunities in diverse technology and product or service types
  • Comprehensive data and Competitive analysis of Medical device coating major players
  • Medical device coating Market sales in US will grow at a steady pace, driven by growing consumer confidence and economic recovery
  • Medical device coating demand forecast in Europe remains stable, as many countries such as UK, France, and Germany focus on boosting growth

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Questionnaire answered in the medical device coating report include:

  • How the market for medical device coating has grown?
  • What is the present and future outlook of the global medical device coating on the basis of region?
  • What are the challenges and opportunities for the medical device coating?
  • Why the consumption of medical device coating highest in region?
  • In which year segment is expected to overtake segment?

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Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions. We have offices in US and Dublin, whereas our global headquarter is in Dubai. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Reach out to us with your goals, and we’ll be an able research partner.

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Categories
Pharmaceutical

Medical Device Coatings Market Is Set To Garner Staggering Revenues By 2031

Market Snapshot

The global medical device coating market is likely to be valued at US$ 1.2 Bn by 2021-end, with an anticipated CAGR of 7.2% across the 2021-2031 assessment period, with sales of hydrophilic coatings expected to be maximum at US$ 2 Bn. Overall, the market is slated to reach US$ 2.4 Bn by 2031.

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Antimicrobial Coatings to Rise in Popularity

Increasing awareness about hospital-acquired infections and favorable research and funding environment have enabled antimicrobial coatings gain immense popularity. For instance, in 2018, the US Center for Disease Control and Prevention identified that about 1.7 million people hospitalized annually acquire health care-associated infections (HCAIs) while they are being treated for other health concerns. As a result, more than 98,000 patients (one in 17) die due to these infections.

Since there is a consistent rise in the number of hospital-acquired infections, the demand for antimicrobial coatings for medical devices is rising. This is driven by the need to inhibit or destroy growth of any microorganisms that can cause HCAIs.

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Regional analysis includes

  • North America (U.S., Canada)
  • Latin America (Brazil, Mexico, Argentina, Chile, Peru, Rest of LATAM)
  • EU – (Germany, France, Italy, Spain), UK, BENELUX (Belgium, Netherlands, Luxemburg), NORDIC (Norway, Denmark, Iceland, Sweden), Eastern Europe (Poland, Ukraine, Czech Rep. etc.), Rest of Europe
  • CIS & Russia
  • Japan
  • Asia Pacific Excluding Japan (Greater China, India, S. Korea, ASEAN Countries, Rest of APEJ)
  • Middle East and Africa (GCC Countries, Turkey, Iran, Israel, South Africa , Rest of MEA)

 

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The Report Covers Exhaustive Analysis On:

  • Market Segments
  • Market Dynamics
  • Market Size & Demand
  • Current Trends/Issues/Challenges
  • Competition & Companies involved
  • Technology
  • Value Chain

The global Coatings for Medical Devices Market report offers detailed assessments and quantitative evaluations that shed light on numerous key aspects that have shaped its evolution over the historical period. In coming years, some of the key aspects that will shape the growth prospects during the forecast period are objectively covered in the study.

 

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Some important questions that the Coatings for Medical Devices Market report tries to answer exhaustively are:

    • Key strategic moves by various players in the Coatings for Medical Devices Market in recent years with respect to product launches, deals and tie-ups, and mergers and acquisitions, and divestment of shares
    • Which strategies will enable top players in the Coatings for Medical Devices Market to expand their geographic footprints
    • Which new business models are expected to change the course of growth of key regional markets in near future
    • Which technologies will witness most attractive research investments and what will be the key sources of funding for startups and new entrants
    • Which products segments have in recent years have seen new, lucrative application areas

Benefits of Fact.MR Study

Fact.MR has gradually established itself as one of the leading market research companies across the globe. Our unique, methodical, and up-to-date approach towards creating high-quality market reports ensures the reports include relevant market insights. Further, our team of analysts leaves no stone unturned while curating market reports in accord with the requirement of our clients.

 

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Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Our sales offices in United States and Dublin, Ireland. Headquarter based in Dubai, UAE. Reach out to us with your goals, and we’ll be an able research partner.

Contact:

US Sales Office:
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583
Corporate Headquarter:
Unit No: AU-01-H Gold Tower (AU),
Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers,
Dubai, United Arab Emirates
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Categories
Pharmaceutical

Demand For Medical Device Coatings Market Has Increase Due To Prevalence Of Cardiovascular Diseases

Market Snapshot

The global medical device coating market is likely to be valued at US$ 1.2 Bn by 2021-end, with an anticipated CAGR of 7.2% across the 2021-2031 assessment period, with sales of hydrophilic coatings expected to be maximum at US$ 2 Bn. Overall, the market is slated to reach US$ 2.4 Bn by 2031.

The report examines the current trends, growth opportunities, restraints, and market drivers that are projected to influence the overall dynamics of the Medical Device Coating Market in the assessment period.

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Medical Device Coating Market size is done based on a triangulation methodology that is primarily based on experimental modelling approaches such as patient-level data or disease epidemiology for any key indications , number of procedures and install base analysis for any equipment to obtain precise market estimations  for the base year as well as in historic data analysis. Bottom-up approach is always used to obtain Medical Device Coating Market insightful data for the specific country/regions. The country specific data is again analyzed to derive data at a global level. Specific factors/parameters are considered related to the individual Medical Device Coating Market and quantified with insightful rationale.

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Medical Device Coating Market: Segmentation

  • Type
    • Anti-Microbial Coatings for Medical Devices
    • Drug-Eluting Coatings for Medical Devices
    • Hydrophilic Coatings for Medical Devices
    • Other Types of Coatings for Medical Devices
  • Application
    • Coatings for Cardiovascular Devices
    • Coatings for Orthopedic Devices
    • Coatings for Neurology Devices
    • Coatings for Gynecology Devices
    • Coatings for Other Applications

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Medical Device Coating Market: Key Players

The key players of global Medical Device Coating Market include CRISPR Therapeutics, AstraZeneca, Roche, New England BioLabs, Lonza, Addgene, Caribou Biosciences, Cellectis, Novartis, Bayer, eGenesis, Editas Medicine, Thermo Fisher Scientific, Sigma-Aldrich, Agilent Technologies, Evolva and others.

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application, and industry.

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Key Questions Answered in Report

  • Which are the most lucrative coatings for medical devices markets?
  • How will changing trends impact the strategies of market players?
  • How can market players capture the low-hanging opportunities across regions?
  • Which companies are leading the coatings for medical devices industry?
  • What are the winning strategies of stakeholders in the market?

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About Us:

Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Our sales offices in United States and Dublin, Ireland. Headquarter based in Dubai, UAE. Reach out to us with your goals, and we’ll be an able research partner.

Contact:

US Sales Office:
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583

Corporate Headquarter:

Unit No: AU-01-H Gold Tower (AU),

Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers,

Dubai, United Arab Emirates

Email: sales@factmr.com

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Categories
Pharmaceutical

Hospital-Acquired Infections Promotes The Growth of Antimicrobial Coatings Medical Devices

The coatings for medical devices market is expected to register high growth, especially as demand continues to rise across hospitals and healthcare facilities amid COVID-19 crisis, finds Fact MR in a recent study.

Healthcare centers around the world have been procuring increasing number of cardiovascular devices, catheters, ventilators, and other medical devices to ascertain no dearth of facilities as patient pool rises amid the ongoing pandemic. At the same time, there is immense focus on reducing the risk of hospital acquired infections (HAI).

These factors are among chief drivers of the market. According to Fact MR, the rising awareness regarding HAI has increased caution among masses, which has in turn positively affected demand for various antimicrobial coatings in medical devices.

A study conducted on HAIs by the Centers for Disease Control and Prevention (CDC) in 2011 reported that almost 722,000 cases of infections were found that resulted in almost 75,000 patients’ death during their hospital stays. Antimicrobial coatings are used to enhance the maneuverability of the devices and protect them from microbes and pathogens.

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coatings for medical devices market regional analysis

Global Coatings for Medical Devices Market: Segmentation

Type

  • Anti-Microbial
  • Drug-Eluting
  • Hydrophilic
  • Other Types

Application

  • Cardiovascular
  • Orthopedic
  • Neurology
  • Gynecology
  • Other Applications

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Key Takeaways from Coatings for Medical Devices Market Report

  • Demand for antimicrobial coatings will continue to surge enabling growth in the market
  • Application in cardiovascular segment will continue rising in response to surging demand for cardiac pacemakers and implants and favorable government policies.
  • Increasing frequency of cardiometabolic disorders, rising adoption of advanced surgical treatments and investment towards expanding healthcare infrastructure are expected to create a stronger market in North America
  • Asia Pacific too will offer lucrative prospects as India and China emerge as high potential markets backed by rising number of hospitals and expanding healthcare facilities

Following Questions Answers Covered in the Report are:

  • How will the global Coatings for Medical Devices Market perform during the forecast period? What will be the market size in terms of value and volume?
  • Which segment will drive the global Coatings for Medical Devices Market? Which regional market will show extensive growth in the future? What are the reasons?
  • How will the market dynamics change because of the impact of future market opportunities, restraints, and drivers?
  • What are the key strategies adopted by players to sustain themselves in the global Coatings for Medical Devices Market?
  • How will these strategies influence the market growth and competition?

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Regional analysis includes

  • North America (U.S., Canada)
  • Latin America (Brazil, Mexico, Argentina, Chile, Peru, Rest of LATAM)
  • EU – (Germany, France, Italy, Spain), UK, BENELUX (Belgium, Netherlands, Luxemburg), NORDIC (Norway, Denmark, Iceland, Sweden), Eastern Europe (Poland, Ukraine, Czech Rep. etc.), Rest of Europe
  • CIS & Russia
  • Japan
  • Asia Pacific Excluding Japan (Greater China, India, S. Korea, ASEAN Countries, Rest of APEJ)
  • Middle East and Africa (GCC Countries, Turkey, Iran, Israel, South Africa , Rest of MEA)

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The Report Covers Exhaustive Analysis On:

  • Market Segments
  • Market Dynamics
  • Market Size & Demand
  • Current Trends/Issues/Challenges
  • Competition & Companies involved
  • Technology
  • Value ChainCOVID-19 Impact on Coatings for Medical Devices Market

    The COVID-19 has disrupted various sectors including the coatings for medical devices market. The implementation of lockdown and travel bans has disrupted transport of raw materials. This hampered production and growth in the market. However, it is expected to recover despite restrictions witnessed in the last few months.

    The pandemic has multiplied caution among the masses regarding health and hygiene. Demand for quality healthcare and non-invasive therapy also has increased. Increasing need of protective devices and other equipment needed for treatments during COVID-19 is expected to positively affect the market.

About Us:

Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Our sales offices in United States and Dublin, Ireland. Headquarter based in Dubai, UAE. Reach out to us with your goals, and we’ll be an able research partner.

Contact:

US Sales Office:
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583
Corporate Headquarter:
Unit No: AU-01-H Gold Tower (AU),
Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers,
Dubai, United Arab Emirates
Visit Our Website: https://www.factmr.com