Medical Device Coating Market, By Disease Type (CMT 1, CMT 2, CMT 3, Others), By Drug Type (Nonsteroidal anti-inflammatory drugs, Cyclooxygenase-2 inhibitors, Tricyclic antidepressants, Anticonvulsants, Analgesics, Pipeline Drug), By Distribution Channel (Hospital Pharmacies, Retail Pharmacies, Online Pharmacies), By Region (North America, Latin America, Europe, Asia Pacific, Middle East, Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028
Medical device coatings help protect medical devices from the wear and tear factor. With constant use, medical equipment can develop corrosion and other damages that may result in the breakdown of important components. These coatings also help from limiting cross-contamination, thereby halting spread of hospital-acquired infections and other infections.
Market Dynamics:
Approval and launch of new coating platforms is expected to propel growth of the global medical device coatings market over the forecast period. For instance, in June 2021, the U.S. Food and Drug Administration accepted a Device Master File for a patented coating platform from LiquiGlide Biomedical. The platform can be used to enhance the performance of a wide range of medical products, including vascular access and implantable devices.
Major players in the global medical device coatings market are focused on adopting various strategies to enhance their market share. For instance, in September 2021, Biocoat, Inc., a specialty manufacturer of hydrophilic biomaterial coatings for medical devices, expanded its on-site ISO-certified, full-service contract coating service unit to include the ability to cure via ultraviolet light, along with the ability to plasma treat interventional medical devices.
Key features of the study:
This report provides in-depth analysis of the global medical device coatings market, and provides market size (US$ Million) and compound annual growth rate (CAGR%) for the forecast period (2022-2028), considering 2021 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global medical device coatings market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this study include AdvanSource Biomaterials Corporation, AST Products, Inc., BioCoat, Inc., Coatings2Go, LLC, Covalon Technologies Ltd., Harland Medical Systems, Inc., Hemoteq AG, Hydromer, Inc., Merit Medical Systems, Inc., PPG Industries, Inc., and Precision Coating Company, Inc.
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
The global medical device coatings market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global medical device coatings market
Detailed Segmentation:
Global Medical Device Coatings Market, By Product Type:
Hydrophilic
Antimicrobial
Global Medical Device Coatings Market, By Application:
General Surgery
Cardiovascular Surgery
Global Medical Device Coatings Market, By Region:
North America
By Product Type
Hydrophilic
Antimicrobial
By Application
General Surgery
Cardiovascular Surgery
By Country
U.S.
Canada
Latin America
By Product Type
Hydrophilic
Antimicrobial
By Application
General Surgery
Cardiovascular Surgery
By Country
Brazil
Mexico
Argentina
Rest of Latin America
Europe
By Product Type
Hydrophilic
Antimicrobial
By Application
General Surgery
Cardiovascular Surgery
By Country
Germany
U.K.
France
Italy
Spain
Russia
Rest of Europe
Asia Pacific
By Product Type
Hydrophilic
Antimicrobial
By Application
General Surgery
Cardiovascular Surgery
By Country
China
India
Japan
Australia
South Korea
ASEAN
Rest of Asia Pacific
Middle East
By Product Type
Hydrophilic
Antimicrobial
By Application
General Surgery
Cardiovascular Surgery
By Country
GCC
Israel
Rest of Middle East
Africa
By Product Type
Hydrophilic
Antimicrobial
By Application
General Surgery
Cardiovascular Surgery
By Country/Region
South Africa
Central Africa
North Africa
Company Profiles
AdvanSource Biomaterials Corporation*
Company Highlights
Products Portfolio
Key Highlights
Financial Performance
Strategies
AST Products, Inc.
BioCoat, Inc
Coatings2Go, LLC
Covalon Technologies Ltd
Harland Medical Systems, Inc.
Hemoteq AG
Hydromer, Inc.
Merit Medical Systems, Inc.
PPG Industries, Inc.
Precision Coating Company, Inc.
“*” marked represents similar segmentation in other categories in the respective section.
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