Global Medical Device Coating Market Size is estimated to expand rapidly in coming years, at a CAGR of 7.5 % from 2018 to 2025. In 2017, the global market valuation was USD 11.35 billion, and it is anticipated to be greater than USD xx.xx billion by 2025. Medical device coating technology uses organic solvents or UV curing for the purposes of curing. Coating of medical devices helps in reducing the friction between medical devices and parts. Medical device coating provides surface coverage, resistance to water and heat, uniform adhesion and homogeneity. The medical coating is expected to witness high growth in the market owing to its conductive properties. North America region has the largest share in the global market of medical device coatings. Rising investments and high demand for coated devices form the medical and surgery industry is expected to propel the growth in the forecast period.

Global Medical Device Coating Market Size, Share Analysis by Region 2017

This global market study report analysis offers in-depth insights, revenue details, and other vital information regarding the global medical device coating market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2025. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global medical device coating market report has been segmented on the basis of type, application, and region. It includes the estimation of the market size, in terms of value, with respect to 4 main geographies, namely, North America, Europe, APAC, and RoW.

Segment Analysis

By Product Type Insights: on the basis of product type, global medical device coating market has been segmented into hydrophilic, antimicrobial, drug-eluting, anti-thrombogenic. Among which hydrophilic segment is expected to be the highest growing segment in the global market of medical device coating. Hydrophilic segment is widely used in medical devices such as pacemakers and devices which require high water resistance and high lubrication. Moreover benefits such as more optical clarity and ability to with-stand maintenance procedures will drive their demand in foresight period.

By Application Insights: On the basis of application, global medical device coating market has been segmented into neurology, orthopedics, and general surgery, cardiovascular, dentistry, gynecology. Amongst which general surgery is expected to be the prominent segment and will contribute largest share in the global market of medical device coatings. Moreover, increasing R&D activities and increasing demand for medical implants is expected to dominate the market in forecast period.

Regional Analysis

The medical device market is divided into regions that are North America - U.S, Canada, Other; Asia-Pacific -India, Japan, China, Australia, Other; Europe - UK, Russia, France, Brazil, Other; Middle East and Africa. Every region analysis details in sense of growth, revenue, volume, challenges, and opportunities with the regional and global key players. In terms of region North America is expected to witness high growth in upcoming time span owing to easy accessibility and availability of medical implants and other devices, and rise in healthcare and research market. Technical advancements and government’s insistence for providing highly efficient health care products is also one of the reason behind market uplifting.

Asia Pacific region is expected to witness high growth in the market in forecast period. Technical advancements such as introduction of fluorinated, silver and spin coatings and other advance technologies in the market and micro blasting technique will impact the global market. Moreover, increasing demand for cardiovascular and dentistry treatments equipment could be another factor to augment the demand of medical device coating in Asia Pacific region. Europe is anticipated to dominate the global medical device coating market over the projected period majorly owing to demand of surgical equipment, better technological connectivity, and highly cost-effective business strategies.

Global Medical Device Coating Market Size, Share Analysis by Region 2017

Global Medical Device Coating Market Study Objective

1. To forecast the market size of medical device coating market, along with describing and defining the market, in terms of volume and revenue as well as market opportunities for stakeholders, in order to provide a competitive landscape for global market players.

2. Market analysis and forecast of medical device coating market on the basis of region, substrate, and application or end-use industry. To profile major market players, and to analyze their market shares and essential competencies comprehensively.

3. To analyze and elaborate significant factors that will have a major impact on the growth of medical device coating market, such as drivers, restraints, challenges, and opportunities.

4. The regional analysis of medical device coating market, to induce market size of five global major regions, which include, Europe, North America, South America, Middle East & Africa, and the Asia Pacific.

5. Strategic analysis of micro markets, in terms of individual prospects, opportunities, growth trends and their involvement in the overall market.

6. To provide detailed analysis of competitive and strategic developments in the medical device coating market like a new product launch, partnership & agreement, investment & expansion, and company merger & acquisitions.

Key Players Landscape

Merit Medical Systems, Inc., Coatings2Go, LLC., Hemoteq AG, Materion Corporation Surmodics, Inc., Covalon Technologies Ltd., Royal DSM, Hydromer. Inc., Precision Coatings Co. Inc., AST Products Inc., Abbott Laboratories, Biocoat Inc., Specialty Coating Systems, Inc., and Harland Medical Systems Inc. are some of the key players in the market of medical device coating.

Global Medical Device Coating Market Study Report Offer You!

The global medical device coating market study report gives an idea about market size, share, stock, equity, investment and total price analysis. Also, the report provides comprehensively industry insights with all major factors such as market credit, allocation, demand, distribution, market scope, key players, end user & applications, provisions, livestock, commodities and industry economics analysis, future growth & forecast. The global market report includes all depth data like pre-market emphasis, market survey, market investment, industry advice, portfolio, finance, access, trade, market exploration, industry review and market predication & projection to develop effective strategies for optimizing their market position.