Medical Device Coatings Market Size, Share, and Analysis, By Coating Type (Hydrophilic Coatings, Antimicrobial Coatings, Drug-Eluting Coatings, Anti-Thrombogenic Coatings, Others), By Material (Metals, Ceramics, Polymers), By Application (General Surgery, Cardiovascular Devices, Orthopaedics, Dentistry, Neurology, Gynaecology, Others) and Regional Forecasts, 2022-2032
Medical Device Coatings Market Size, Share, and Analysis, By Coating Type (Hydrophilic Coatings, Antimicrobial Coatings, Drug-Eluting Coatings, Anti-Thrombogenic Coatings, Others), By Material (Metals, Ceramics, Polymers), By Application (General Surgery, Cardiovascular Devices, Orthopaedics, Dentistry, Neurology, Gynaecology, Others) and Regional Forecasts, 2022-2032
PRODUCT OVERVIEW
Medical Device Coatings Market size was USD 5.62 billion in 2021 and is projected t%li%grow from USD 6.5 billion in 2023 t%li%USD 12.2 billion by 2032, exhibiting a CAGR of 7.3% during the forecast period.
Medical Device Coatings are simply lubricants like water-repellent polymers and antimicrobial solutions. Each type of coating is applied t%li%several devices for a wide range of applications. Every stage of medical treatment, from routine check-ups t%li%operations and clinical tests, uses medical equipment and technologies. Medical coatings are now widely used in the industry due t%li%the expanding use of medical equipment.
MARKET HIGHLIGHTS
Medical Device Coatings market is expected t%li%reach USD 12.2 billion, growing at a CAGR of 7.3% during the forecast period owing t%li%the increasing prevalence of cardiovascular issues, arthritis, and cancer which require complicated surgical treatment. The need for minimally invasive procedures has increased due t%li%this. Hence, the market is witnessing greater demand for light-weight medical devices that proficiently navigate complex procedures.
Medical Device Coatings Market Segments:
Growth Drivers
Number of Benefits of Medical Devices Coatings is Expected t%li%Boost the Market Growth
Mounting Demand for Multiple Medical Devices Post-Pandemic and Growing Cases of Chronic Diseases are Expected t%li%Boost the Market Growth
Restraint
Ascending Prices of Raw Materials may Restrain the Market Growth
Key Players
PRODUCT OVERVIEW
Medical Device Coatings Market size was USD 5.62 billion in 2021 and is projected t%li%grow from USD 6.5 billion in 2023 t%li%USD 12.2 billion by 2032, exhibiting a CAGR of 7.3% during the forecast period.
Medical Device Coatings are simply lubricants like water-repellent polymers and antimicrobial solutions. Each type of coating is applied t%li%several devices for a wide range of applications. Every stage of medical treatment, from routine check-ups t%li%operations and clinical tests, uses medical equipment and technologies. Medical coatings are now widely used in the industry due t%li%the expanding use of medical equipment.
MARKET HIGHLIGHTS
Medical Device Coatings market is expected t%li%reach USD 12.2 billion, growing at a CAGR of 7.3% during the forecast period owing t%li%the increasing prevalence of cardiovascular issues, arthritis, and cancer which require complicated surgical treatment. The need for minimally invasive procedures has increased due t%li%this. Hence, the market is witnessing greater demand for light-weight medical devices that proficiently navigate complex procedures.
Medical Device Coatings Market Segments:
- Coating Type
- Hydrophilic Coatings
- Antimicrobial Coatings
- Drug-Eluting Coatings
- Anti-Thrombogenic Coatings
- Others
- Material
- Metals
- Ceramics
- Polymers
- Application
- General Surgery
- Cardiovascular Devices
- Orthopedics
- Dentistry
- Neurology
- Gynecology
- Others
Growth Drivers
Number of Benefits of Medical Devices Coatings is Expected t%li%Boost the Market Growth
Mounting Demand for Multiple Medical Devices Post-Pandemic and Growing Cases of Chronic Diseases are Expected t%li%Boost the Market Growth
Restraint
Ascending Prices of Raw Materials may Restrain the Market Growth
Key Players
- DSM Corporation
- Merit Medical Systems Inc.
- Freudenberg Medical
- SurModics Inc.
- Specialty Coating Systems Inc.
- Precision Coating Company Inc.
- Covalon Technologies Ltd.
- Harland Medical Systems
- Sono-Tek Corp.
- Biocoat Incorporated
- Hydromer Inc.
- Allviv%li%Vascular Inc.
- Medical Surface Inc.
- Medicoat
- Kisc%li%Ltd.
- Other Prominent Players (Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence, SWOT Analysis)
- North America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAG.R – United States and Canada
- Latin America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – Mexico, Argentina, Brazil and Rest of Latin America
- Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United Kingdom, France, Germany, Italy, Spain, Belgium, Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia, Turkey and Rest of Europe
- Asia Pacific Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – India, China, South Korea, Japan, Malaysia, Indonesia, New Zealand, Australia and Rest of APAC
- Middle East and Africa Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – North Africa, Israel, GCC, South Africa and Rest of MENA
- Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
- Provision of market value (USD Billion) data for each segment and sub-segment
- Indicates the region and segment that is expected t%li%witness the fastest growth as well as t%li%dominate the market
- Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
- Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
- Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
- The current as well as the future market outlook of the industry with respect t%li%recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
- Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis
- Provides insight int%li%the market through Value Chain
- Market dynamics scenario, along with growth opportunities of the market in the years t%li%come
- 3-month post-sales analyst support.
1. EXECUTIVE SUMMARY
1.1.Regional Market Share
1.2. Business Trends
1.3. Medical Device Coatings Market: COVID-19 Outbreak
1.4.Regional Trends
1.5. Segmentation Snapshot
2. RESEARCH METHODOLOGY
2.1. Research Objective
2.2.Research Approach
2.3.Data Sourcing and Methodology
2.4. Primary Research
2.5. Secondary Research
2.5.1.Paid Sources
2.5.2. Public Sources
2.6.Market Size Estimation and Data Triangulation
3. MARKET CHARACTERISTICS
3.1. Market Definition
3.2.Medical Device Coatings Market: COVID-19 Impact
3.3.Key Segmentations
3.4. Key Developments
3.5. Allied Industry Data
4. MEDICAL DEVICE COATINGS MARKET – INDUSTRY INSIGHTS
4.1.Industry Segmentation
4.2. COVID-19 overview on world economy
4.3. Industry ecoCoating Type Channel analysis
4.4. Innovation & Sustainability
5. MACROECONOMIC INDICATORS
6. RECENT DEVELOPMENTS
7.MARKET DYNAMICS
7.1. Introduction
7.2.Growth Drivers
7.3.Market Opportunities
7.4. Market Restraints
7.5.Market Trends
8. MARKET ANALYSIS
8.1. Porters Five Forces
8.2. PEST Analysis
8.2.1. Political
8.2.2.Economic
8.2.3.Social
8.2.4.Technological
9. MEDICAL DEVICE COATINGS MARKET
9.1. Overview
9.2.Historical Analysis (2016-2021)
9.2.1. Market Size, Y-o-Y Growth (%) and Market Forecast
10. MEDICAL DEVICE COATINGS MARKET SIZE & FORECAST 2022A-2032F
10.1.Overview
10.2. Key Findings
10.3. Market Segmentation
10.3.1. By Coating Type
10.3.1.1.Hydrophilic Coatings
10.3.1.1.1.By Value (USD Million) 2022-2032F
10.3.1.1.2. Market Share (%) 2022-2032F
10.3.1.1.3. Y-o-Y Growth (%) 2022-2032F
10.3.1.2. Antimicrobial Coatings
10.3.1.2.1. By Value (USD Million) 2022-2032F
10.3.1.2.2.Market Share (%) 2022-2032F
10.3.1.2.3.Y-o-Y Growth (%) 2022-2032F
10.3.1.3. Drug-Eluting Coatings
10.3.1.3.1. By Value (USD Million) 2022-2032F
10.3.1.3.2.Market Share (%) 2022-2032F
10.3.1.3.3.Y-o-Y Growth (%) 2022-2032F
10.3.1.4. Anti-Thrombogenic Coatings
10.3.1.4.1.By Value (USD Million) 2022-2032F
10.3.1.4.2. Market Share (%) 2022-2032F
10.3.1.4.3. Y-o-Y Growth (%) 2022-2032F
10.3.1.5. Others
10.3.1.5.1. By Value (USD Million) 2022-2032F
10.3.1.5.2.Market Share (%) 2022-2032F
10.3.1.5.3. Y-o-Y Growth (%) 2022-2032F
10.3.2.By Material
10.3.2.1. Metals
10.3.2.1.1. By Value (USD Million) 2022-2032F
10.3.2.1.2.Market Share (%) 2022-2032F
10.3.2.1.3.Y-o-Y Growth (%) 2022-2032F
10.3.2.2.Ceramics
10.3.2.2.1.By Value (USD Million) 2022-2032F
10.3.2.2.2. Market Share (%) 2022-2032F
10.3.2.2.3. Y-o-Y Growth (%) 2022-2032F
10.3.2.3.Polymers
10.3.2.3.1.By Value (USD Million) 2022-2032F
10.3.2.3.2. Market Share (%) 2022-2032F
10.3.2.3.3.Y-o-Y Growth (%) 2022-2032F
10.3.3.By Application
10.3.3.1. General Surgery
10.3.3.1.1. By Value (USD Million) 2022-2032F
10.3.3.1.2.Market Share (%) 2022-2032F
10.3.3.1.3.Y-o-Y Growth (%) 2022-2032F
10.3.3.2.Cardiovascular Devices
10.3.3.2.1.By Value (USD Million) 2022-2032F
10.3.3.2.2. Market Share (%) 2022-2032F
10.3.3.2.3.Y-o-Y Growth (%) 2022-2032F
10.3.3.3.Orthopedics
10.3.3.3.1.By Value (USD Million) 2022-2032F
10.3.3.3.2.Market Share (%) 2022-2032F
10.3.3.3.3.Y-o-Y Growth (%) 2022-2032F
10.3.3.4.Dentistry
10.3.3.4.1. By Value (USD Million) 2022-2032F
10.3.3.4.2.Market Share (%) 2022-2032F
10.3.3.4.3.Y-o-Y Growth (%) 2022-2032F
10.3.3.5.Neurology
10.3.3.5.1. By Value (USD Million) 2022-2032F
10.3.3.5.2.Market Share (%) 2022-2032F
10.3.3.5.3.Y-o-Y Growth (%) 2022-2032F
10.3.3.6.Gynecology
10.3.3.6.1.By Value (USD Million) 2022-2032F
10.3.3.6.2. Market Share (%) 2022-2032F
10.3.3.6.3. Y-o-Y Growth (%) 2022-2032F
10.3.3.7.Others
10.3.3.7.1.By Value (USD Million) 2022-2032F
10.3.3.7.2. Market Share (%) 2022-2032F
10.3.3.7.3. Y-o-Y Growth (%) 2022-2032F
11.NORTH AMERICA MEDICAL DEVICE COATINGS MARKET SIZE & FORECAST 2022A-2032F
11.1.Overview
11.2. Key Findings
11.3. Market Segmentation
11.3.1.By Coating Type
11.3.2. By Material
11.3.3. Application
11.4.Country
11.4.1. United States
11.4.2.Canada
12. EUROPE MEDICAL DEVICE COATINGS MARKET SIZE & FORECAST 2022A-2032F
12.1. Overview
12.2. Key Findings
12.3. Market Segmentation
12.3.1. By Coating Type
12.3.2.By Material
12.3.3.Application
12.4. Country
12.4.1.Germany
12.4.2. United Kingdom
12.4.3. France
12.4.4. Italy
12.4.5. Spain
12.4.6. Russia
12.4.7. Rest of Europe (BENELUX, NORDIC, Hungary, Turkey & Poland)
13. ASIA MEDICAL DEVICE COATINGS MARKET SIZE & FORECAST 2022A-2032F
13.1. Overview
13.2. Key Findings
13.3. Market Segmentation
13.3.1. By Coating Type
13.3.2.By Material
13.3.3.Application
13.4. Country
13.4.1.India
13.4.2. China
13.4.3. South Korea
13.4.4. Japan
13.4.5. Rest of APAC
14. MIDDLE EAST AND AFRICA MEDICAL DEVICE COATINGS MARKET SIZE & FORECAST 2022A-2032F
14.1.Overview
14.2. Key Findings
14.3. Market Segmentation
14.3.1. By Coating Type
14.3.2.By Material
14.3.3.Application
14.4. Country
14.4.1.Israel
14.4.2. GCC
14.4.3. North Africa
14.4.4. South Africa
14.4.5. Rest of Middle East and Africa
15. LATIN AMERICA MEDICAL DEVICE COATINGS MARKET SIZE & FORECAST 2022A-2032F
15.1.Overview
15.2. Key Findings
15.3. Market Segmentation
15.3.1. By Coating Type
15.3.2.By Material
15.3.3.Application
15.4. Country
15.4.1.Mexico
15.4.2. Brazil
15.4.3. Rest of Latin America
16. COMPETITIVE LANDSCAPE
16.1. Company market share, 2021
16.2. Key player overview
16.3. Key stakeholders
17. COMPANY PROFILES
17.1.DSM Corporation
17.1.1.Company Overview
17.1.2. Financial Overview
17.1.3. Key Product; Analysis
17.1.4.Company Assessment
17.1.4.1.Product Portfolio
17.1.4.2. Key Clients
17.1.4.3. Market Share
17.1.4.4. Recent News & Development (Last 3 Yrs.)
17.1.4.5. Executive Team
17.2. Merit Medical Systems Inc.
17.3. Freudenberg Medical
17.4. SurModics Inc.
17.5. Specialty Coating Systems Inc.
17.6. Precision Coating Company Inc.
17.7. Covalon Technologies Ltd.
17.8. Harland Medical Systems
17.9. Sono-Tek Corp.
17.10. Biocoat Incorporated
17.11.Hydromer Inc.
17.12. Allvivo Vascular Inc.
17.13. Medical Surface Inc.
17.14. Medicoat
17.15. Kisco Ltd.
17.16. Other Prominent Players
18. APPENDIX
19. CONSULTANT RECOMMENDATION
1.1.Regional Market Share
1.2. Business Trends
1.3. Medical Device Coatings Market: COVID-19 Outbreak
1.4.Regional Trends
1.5. Segmentation Snapshot
2. RESEARCH METHODOLOGY
2.1. Research Objective
2.2.Research Approach
2.3.Data Sourcing and Methodology
2.4. Primary Research
2.5. Secondary Research
2.5.1.Paid Sources
2.5.2. Public Sources
2.6.Market Size Estimation and Data Triangulation
3. MARKET CHARACTERISTICS
3.1. Market Definition
3.2.Medical Device Coatings Market: COVID-19 Impact
3.3.Key Segmentations
3.4. Key Developments
3.5. Allied Industry Data
4. MEDICAL DEVICE COATINGS MARKET – INDUSTRY INSIGHTS
4.1.Industry Segmentation
4.2. COVID-19 overview on world economy
4.3. Industry ecoCoating Type Channel analysis
4.4. Innovation & Sustainability
5. MACROECONOMIC INDICATORS
6. RECENT DEVELOPMENTS
7.MARKET DYNAMICS
7.1. Introduction
7.2.Growth Drivers
7.3.Market Opportunities
7.4. Market Restraints
7.5.Market Trends
8. MARKET ANALYSIS
8.1. Porters Five Forces
8.2. PEST Analysis
8.2.1. Political
8.2.2.Economic
8.2.3.Social
8.2.4.Technological
9. MEDICAL DEVICE COATINGS MARKET
9.1. Overview
9.2.Historical Analysis (2016-2021)
9.2.1. Market Size, Y-o-Y Growth (%) and Market Forecast
10. MEDICAL DEVICE COATINGS MARKET SIZE & FORECAST 2022A-2032F
10.1.Overview
10.2. Key Findings
10.3. Market Segmentation
10.3.1. By Coating Type
10.3.1.1.Hydrophilic Coatings
10.3.1.1.1.By Value (USD Million) 2022-2032F
10.3.1.1.2. Market Share (%) 2022-2032F
10.3.1.1.3. Y-o-Y Growth (%) 2022-2032F
10.3.1.2. Antimicrobial Coatings
10.3.1.2.1. By Value (USD Million) 2022-2032F
10.3.1.2.2.Market Share (%) 2022-2032F
10.3.1.2.3.Y-o-Y Growth (%) 2022-2032F
10.3.1.3. Drug-Eluting Coatings
10.3.1.3.1. By Value (USD Million) 2022-2032F
10.3.1.3.2.Market Share (%) 2022-2032F
10.3.1.3.3.Y-o-Y Growth (%) 2022-2032F
10.3.1.4. Anti-Thrombogenic Coatings
10.3.1.4.1.By Value (USD Million) 2022-2032F
10.3.1.4.2. Market Share (%) 2022-2032F
10.3.1.4.3. Y-o-Y Growth (%) 2022-2032F
10.3.1.5. Others
10.3.1.5.1. By Value (USD Million) 2022-2032F
10.3.1.5.2.Market Share (%) 2022-2032F
10.3.1.5.3. Y-o-Y Growth (%) 2022-2032F
10.3.2.By Material
10.3.2.1. Metals
10.3.2.1.1. By Value (USD Million) 2022-2032F
10.3.2.1.2.Market Share (%) 2022-2032F
10.3.2.1.3.Y-o-Y Growth (%) 2022-2032F
10.3.2.2.Ceramics
10.3.2.2.1.By Value (USD Million) 2022-2032F
10.3.2.2.2. Market Share (%) 2022-2032F
10.3.2.2.3. Y-o-Y Growth (%) 2022-2032F
10.3.2.3.Polymers
10.3.2.3.1.By Value (USD Million) 2022-2032F
10.3.2.3.2. Market Share (%) 2022-2032F
10.3.2.3.3.Y-o-Y Growth (%) 2022-2032F
10.3.3.By Application
10.3.3.1. General Surgery
10.3.3.1.1. By Value (USD Million) 2022-2032F
10.3.3.1.2.Market Share (%) 2022-2032F
10.3.3.1.3.Y-o-Y Growth (%) 2022-2032F
10.3.3.2.Cardiovascular Devices
10.3.3.2.1.By Value (USD Million) 2022-2032F
10.3.3.2.2. Market Share (%) 2022-2032F
10.3.3.2.3.Y-o-Y Growth (%) 2022-2032F
10.3.3.3.Orthopedics
10.3.3.3.1.By Value (USD Million) 2022-2032F
10.3.3.3.2.Market Share (%) 2022-2032F
10.3.3.3.3.Y-o-Y Growth (%) 2022-2032F
10.3.3.4.Dentistry
10.3.3.4.1. By Value (USD Million) 2022-2032F
10.3.3.4.2.Market Share (%) 2022-2032F
10.3.3.4.3.Y-o-Y Growth (%) 2022-2032F
10.3.3.5.Neurology
10.3.3.5.1. By Value (USD Million) 2022-2032F
10.3.3.5.2.Market Share (%) 2022-2032F
10.3.3.5.3.Y-o-Y Growth (%) 2022-2032F
10.3.3.6.Gynecology
10.3.3.6.1.By Value (USD Million) 2022-2032F
10.3.3.6.2. Market Share (%) 2022-2032F
10.3.3.6.3. Y-o-Y Growth (%) 2022-2032F
10.3.3.7.Others
10.3.3.7.1.By Value (USD Million) 2022-2032F
10.3.3.7.2. Market Share (%) 2022-2032F
10.3.3.7.3. Y-o-Y Growth (%) 2022-2032F
11.NORTH AMERICA MEDICAL DEVICE COATINGS MARKET SIZE & FORECAST 2022A-2032F
11.1.Overview
11.2. Key Findings
11.3. Market Segmentation
11.3.1.By Coating Type
11.3.2. By Material
11.3.3. Application
11.4.Country
11.4.1. United States
11.4.2.Canada
12. EUROPE MEDICAL DEVICE COATINGS MARKET SIZE & FORECAST 2022A-2032F
12.1. Overview
12.2. Key Findings
12.3. Market Segmentation
12.3.1. By Coating Type
12.3.2.By Material
12.3.3.Application
12.4. Country
12.4.1.Germany
12.4.2. United Kingdom
12.4.3. France
12.4.4. Italy
12.4.5. Spain
12.4.6. Russia
12.4.7. Rest of Europe (BENELUX, NORDIC, Hungary, Turkey & Poland)
13. ASIA MEDICAL DEVICE COATINGS MARKET SIZE & FORECAST 2022A-2032F
13.1. Overview
13.2. Key Findings
13.3. Market Segmentation
13.3.1. By Coating Type
13.3.2.By Material
13.3.3.Application
13.4. Country
13.4.1.India
13.4.2. China
13.4.3. South Korea
13.4.4. Japan
13.4.5. Rest of APAC
14. MIDDLE EAST AND AFRICA MEDICAL DEVICE COATINGS MARKET SIZE & FORECAST 2022A-2032F
14.1.Overview
14.2. Key Findings
14.3. Market Segmentation
14.3.1. By Coating Type
14.3.2.By Material
14.3.3.Application
14.4. Country
14.4.1.Israel
14.4.2. GCC
14.4.3. North Africa
14.4.4. South Africa
14.4.5. Rest of Middle East and Africa
15. LATIN AMERICA MEDICAL DEVICE COATINGS MARKET SIZE & FORECAST 2022A-2032F
15.1.Overview
15.2. Key Findings
15.3. Market Segmentation
15.3.1. By Coating Type
15.3.2.By Material
15.3.3.Application
15.4. Country
15.4.1.Mexico
15.4.2. Brazil
15.4.3. Rest of Latin America
16. COMPETITIVE LANDSCAPE
16.1. Company market share, 2021
16.2. Key player overview
16.3. Key stakeholders
17. COMPANY PROFILES
17.1.DSM Corporation
17.1.1.Company Overview
17.1.2. Financial Overview
17.1.3. Key Product; Analysis
17.1.4.Company Assessment
17.1.4.1.Product Portfolio
17.1.4.2. Key Clients
17.1.4.3. Market Share
17.1.4.4. Recent News & Development (Last 3 Yrs.)
17.1.4.5. Executive Team
17.2. Merit Medical Systems Inc.
17.3. Freudenberg Medical
17.4. SurModics Inc.
17.5. Specialty Coating Systems Inc.
17.6. Precision Coating Company Inc.
17.7. Covalon Technologies Ltd.
17.8. Harland Medical Systems
17.9. Sono-Tek Corp.
17.10. Biocoat Incorporated
17.11.Hydromer Inc.
17.12. Allvivo Vascular Inc.
17.13. Medical Surface Inc.
17.14. Medicoat
17.15. Kisco Ltd.
17.16. Other Prominent Players
18. APPENDIX
19. CONSULTANT RECOMMENDATION
