Medical Coating Market

Medical Coating Market In-Depth Analysis By
2026
Medical devices are susceptible to various kind of microbial infection such as bacterial, viral,
and fungal infection resulting into health care-associated infections in patients. Medical coating
is considered as a covering applied on the medical devices including implants or any kind of
equipment to prevent formation of biofilm or to alter physical properties such as lubrication.
The increasing cases of infection occurring through medical devicesn is propelling demand for
medical coating for the devices in the market. According to European Centre for Disease
Prevention and Control, in 2015, around 8.3% of patients staying in intensive care unit for
more than two days were detected with at least one health care-associated infections, which
suggests the importance of proper coating for the medical usables. Medical coating has wide
applications in orthopaedics, cardiology, neurology, ophthalmology, cosmetic surgery, drug
delivery system, and many more. Increasing global population, health issues, and growth in
number of healthcare centres are expected to drive growth of the medical coating market over
the forecast period.
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Medical Coating Market - Drivers
Increasing Demands for implantable devices and alteration from conventional operational
practice to minimally invasive medical procedure act as significant drivers for growth of the
medical coating market. Increasing global population with healthcare issues and increasing
awareness regarding advancement of medical treatments are propelling demand for implantable
devices such as dental implants, orthopaedic implants, neurostimulator device, and breast
implants. According to American Association of Orthopaedic Surgeons report, 2014, in U.S.
around 4.5 million people are with artificial hip and 6.7 million people with artificial knee in
2010. According to Mayo Foundation for Medical Education and Research, around 370000
Americans receive cardiac pacemakers annually. These data shows only small segment of
implantable device and likewise increases use will also increase chances of microbial infection,
which can be avoided by using medical coating. This is expected to drive growth of the
medical coating market over the forecast period.
The main property of medical coating exploited for minimally invasive medical practice is its
surface properties such as lubrication for device, which enters the body tissue. Increasing
inclination of population towards minimally invasive medical procedures is a major factor
driving the growth of the medical coating market. According to American Society of Plastic
Surgeons (ASPS), cosmetic procedures continues to grow over the last year and there is shift in
the type of procedure patients choose from conventional medical practice to preferable use of
minimally invasive medical procedure. In the U.S., minimally invasive cosmetic procedures
performed in 2015 has increased by 2% as compared to 2014 as per ASPS.
Report includes chapters which deeply display the following deliverable about industry :
• Medical Coating Market Research Objective and Assumption
• Medical Coating Market Purview - Report Description, Executive Summary, and Coherent
Opportunity Map (COM)
• Medical Coating Market Dynamics, Regulations, and Trends Analysis - Market Dynamics,
Regulatory Scenario, Industry Trend, Merger and Acquisitions, New system Launch/Approvals,
Value Chain Analysis, Porter’s Analysis, and PEST Analysis
• Global Medical Coating Market, By Regions
• Medical Coating Market Competition by Manufacturers including Production, Share, Revenue,
Average Price, Manufacturing Base Distribution, Sales Area and Product Type.
• Medical Coating Market Manufacturers Profiles/Analysis including Company Basic Information,
Manufacturing Base and Its Competitors.
• Medical Coating Market Manufacturing Cost Analysis including Key Raw Materials and Key
Suppliers of Raw Materials.
• Industrial Chain, Sourcing Strategy and Downstream Buyers including Upstream Raw Materials
Sourcing and Downstream Buyers
• Marketing Strategy Analysis, Distributors/Traders including Marketing Channel, Market
Positioning and Distributors/Traders List.
• Market Effect Factors Analysis including Technology Progress/Risk, Consumer Needs/Customer
Preference Change and Economic/Political Environmental Change.
• Medical Coating Market Forecast including Production, Consumption, Import and Export
Forecast by Type, Applications and Region.
• Research Findings and Conclusion
Medical Coating Market - Restraints
The global medical coating market is restrained by time-consuming regulatory approvals and
low shelf life. Advancement in medical device, equipment or implantable devices propel the
demand for medical coating, which is strictly monitored by regulatory organisations such as
FDA.
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Medical Coating Market - Competitors
Key players operating in medical coating market include Freudenberg Medical Europe GmbH,
Surmodics Inc., Hydromer Inc., Precision Coatings Co. Inc., AST Products Inc., Abbott
Laboratories, Biocoat Inc., Covalon Technologies Ltd., Harland Medical Systems Inc., and
Specialty Coating Systems Inc.
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Medical devices are susceptible to various kind of microbial infection such as bacterial, viral, and fungal infection resulting into health care-associated infections in patients.