Medical Coatings Market by Coating Type (Active, Passive), Material Type (Polymers, Metals), Application (Medical Devices, Medical Implants, Medical Equipment & Tools, Protective Clothing), and Region - Global Forecast to 2025
The rising income levels in emerging economies, a growing percentage of the geriatric population, and the increasing use of home healthcare facilities are driving the overall medical coatings market.
The global medical coatings market size is projected to grow from USD 6.0 billion in 2020 to USD 15.2 billion by 2025, at a CAGR of 20.5% during the forecast period. Medical coatings are an integral part of medical devices and medical implants as they provide required functional properties to the medical application. The major factors driving the market are the rising income levels in emerging economies, a growing percentage of the geriatric population, and the increasing use of home healthcare facilities.
Passive coatings to be the largest coating type segment.
The passive coatings segment accounts for the largest share of the overall market. Hydrophilic coatings are widely used on guidewires, catheters, and introducer sheaths to lower friction coefficient. These coatings have properties such as lubricity, durability, low friction coefficient, and low particulate count. Hydrophobic coatings are water- or fluid-repellent and hence suitable for medical equipment. Minimal invasion and easy insertion of medical devices in biological openings offered by the hydrophilic coatings and excellent water repellent properties exhibited by the hydrophobic coatings are responsible for the large market size of passive medial coatings.
Polymers to be the fastest-growing material type segment.
Polymer-based medical coatings are used in medical devices, medical equipment & tools, protective clothing, and medical implants. They are necessary to optimize durability and corrosion resistance while minimizing the coefficient of friction. Major subtypes of polymer coatings used on medical devices, medical implants, and other applications are fluoropolymers, silicone, parylene, and polyurethanes. Easy availability, low cost, optimum performance, multifunctionality, and low particulate technology are boosting the polymer-based medical coatings market.
Medical devices to be the fastest-growing application segment.
The medical coatings market is segmented based on application into medical devices, medical implants, medical equipment & tools, protective clothing, and others. The medical devices segment accounted for the largest market share in 2019. Increased use of medical devices in the emerging economies, such as China and India, has led to the high growth of the market. The pandemic has further increased the demand for medical devices, such as catheters, guidewires, endotracheal tubes, positive pressure breathing devices, in-vitro diagnostic devices, cannulas, ventilators, ventilator accessories, infusion pumps, respirators, and other devices.
APAC to grow with the fastest CAGR during the forecast period.
APAC is projected to lead the medical coatings market during the forecast period. The growing population, rising percentage of the geriatric population, increasing healthcare investments, and rising income levels in the region are the major drivers for the medical coatings market in the region. The healthcare industry in APAC has been experiencing positive transformations in the healthcare system in terms of healthcare infrastructure and public-private partnerships. These factors are also responsible for the highest CAGR of the market in the region.
Between 2019 and 2020, the medical coatings market has observed a high growth rate due to COVID-19 and the increased demand across the world. The demand for medical devices and supplies, such as ventilators, personal protective equipment (PPE), respirators, and protective clothing, is on the rise to combat COVID-19. This is propelling the demand for antimicrobial, anti-fog, hydrophilic, and hydrophobic coatings. However, the demand for medical coatings used on implants is expected to grow with CAGR less than that of medical devices. As an overall result of the impact on demand for different applications, the medical coatings market is expected to witness a positive impact in 2020.
In-depth interviews were conducted with chief executive officers (CEOs), marketing directors, other innovation and technology directors, and executives from various key organizations operating in the medical coatings market.
Research Coverage:
The market study covers the medical coatings market and its segments. It aims at estimating the market size and the growth potential of this market across different segments, such as coating type, material type, application, and region. The study also includes an in-depth competitive analysis of the key players in the market, along with their company profiles, key observations related to product and business offerings, recent developments, and key market strategies
Key Benefits of Buying the Report:
The report will help the leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall medical coatings market and the sub-segments. The stakeholders will be able to understand the competitive landscape and gain more insights to position their businesses better and plan suitable go-to-market strategies. It will also help stakeholders comprehend the pulse of the market and provide them with information on key market drivers, restraints, and opportunities.
The global medical coatings market size is projected to grow from USD 6.0 billion in 2020 to USD 15.2 billion by 2025, at a CAGR of 20.5% during the forecast period. Medical coatings are an integral part of medical devices and medical implants as they provide required functional properties to the medical application. The major factors driving the market are the rising income levels in emerging economies, a growing percentage of the geriatric population, and the increasing use of home healthcare facilities.
Passive coatings to be the largest coating type segment.
The passive coatings segment accounts for the largest share of the overall market. Hydrophilic coatings are widely used on guidewires, catheters, and introducer sheaths to lower friction coefficient. These coatings have properties such as lubricity, durability, low friction coefficient, and low particulate count. Hydrophobic coatings are water- or fluid-repellent and hence suitable for medical equipment. Minimal invasion and easy insertion of medical devices in biological openings offered by the hydrophilic coatings and excellent water repellent properties exhibited by the hydrophobic coatings are responsible for the large market size of passive medial coatings.
Polymers to be the fastest-growing material type segment.
Polymer-based medical coatings are used in medical devices, medical equipment & tools, protective clothing, and medical implants. They are necessary to optimize durability and corrosion resistance while minimizing the coefficient of friction. Major subtypes of polymer coatings used on medical devices, medical implants, and other applications are fluoropolymers, silicone, parylene, and polyurethanes. Easy availability, low cost, optimum performance, multifunctionality, and low particulate technology are boosting the polymer-based medical coatings market.
Medical devices to be the fastest-growing application segment.
The medical coatings market is segmented based on application into medical devices, medical implants, medical equipment & tools, protective clothing, and others. The medical devices segment accounted for the largest market share in 2019. Increased use of medical devices in the emerging economies, such as China and India, has led to the high growth of the market. The pandemic has further increased the demand for medical devices, such as catheters, guidewires, endotracheal tubes, positive pressure breathing devices, in-vitro diagnostic devices, cannulas, ventilators, ventilator accessories, infusion pumps, respirators, and other devices.
APAC to grow with the fastest CAGR during the forecast period.
APAC is projected to lead the medical coatings market during the forecast period. The growing population, rising percentage of the geriatric population, increasing healthcare investments, and rising income levels in the region are the major drivers for the medical coatings market in the region. The healthcare industry in APAC has been experiencing positive transformations in the healthcare system in terms of healthcare infrastructure and public-private partnerships. These factors are also responsible for the highest CAGR of the market in the region.
Between 2019 and 2020, the medical coatings market has observed a high growth rate due to COVID-19 and the increased demand across the world. The demand for medical devices and supplies, such as ventilators, personal protective equipment (PPE), respirators, and protective clothing, is on the rise to combat COVID-19. This is propelling the demand for antimicrobial, anti-fog, hydrophilic, and hydrophobic coatings. However, the demand for medical coatings used on implants is expected to grow with CAGR less than that of medical devices. As an overall result of the impact on demand for different applications, the medical coatings market is expected to witness a positive impact in 2020.
In-depth interviews were conducted with chief executive officers (CEOs), marketing directors, other innovation and technology directors, and executives from various key organizations operating in the medical coatings market.
- By Company Type - Tier 1: 25%, Tier 2: 50%, and Tier 3: 25%
- By Designation - C Level: 20%, D Level: 30%, Others: 50%
- By Region – Europe: 30%, APAC: 25%, North America: 20%, South America: 15%, Middle East & Africa: 10%
Research Coverage:
The market study covers the medical coatings market and its segments. It aims at estimating the market size and the growth potential of this market across different segments, such as coating type, material type, application, and region. The study also includes an in-depth competitive analysis of the key players in the market, along with their company profiles, key observations related to product and business offerings, recent developments, and key market strategies
Key Benefits of Buying the Report:
The report will help the leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall medical coatings market and the sub-segments. The stakeholders will be able to understand the competitive landscape and gain more insights to position their businesses better and plan suitable go-to-market strategies. It will also help stakeholders comprehend the pulse of the market and provide them with information on key market drivers, restraints, and opportunities.
1 INTRODUCTION
1.1 OBJECTIVES OF THE STUDY
1.2 MARKET DEFINITION
1.3 MARKET SCOPE
1.3.1 MEDICAL COATINGS MARKET SEGMENTATION
1.3.2 REGIONS COVERED
1.3.3 YEARS CONSIDERED FOR THE STUDY
1.4 CURRENCY
1.5 UNIT CONSIDERED
1.6 STAKEHOLDERS
1.7 LIMITATIONS
1.8 SUMMARY OF CHANGES
2 RESEARCH METHODOLOGY
2.1 RESEARCH DATA
FIGURE 1 MEDICAL COATINGS MARKET: RESEARCH DESIGN
2.1.1 SECONDARY DATA
2.1.1.1 Key data from secondary sources
2.1.2 PRIMARY DATA
2.1.2.1 Key data from primary sources
2.1.2.2 Key industry insights
2.1.2.3 Breakdown of primary interviews
2.2 MARKET SIZE ESTIMATION
2.2.1 BOTTOM-UP APPROACH
FIGURE 2 MEDICAL COATINGS MARKET: BOTTOM-UP APPROACH
2.2.2 TOP-DOWN APPROACH
FIGURE 3 MEDICAL COATINGS MARKET: TOP-DOWN APPROACH
2.3 DATA TRIANGULATION
FIGURE 4 MEDICAL COATINGS MARKET: DATA TRIANGULATION
2.3.1 MEDICAL COATINGS MARKET ANALYSIS THROUGH PRIMARY INTERVIEWS
FIGURE 5 MEDICAL COATINGS MARKET ANALYSIS THROUGH SECONDARY SOURCES
FIGURE 6 MEDICAL COATINGS MARKET ANALYSIS
2.4 LIMITATIONS
2.5 ASSUMPTIONS
3 EXECUTIVE SUMMARY
FIGURE 7 PASSIVE COATINGS SEGMENT TO LEAD THE MARKET
FIGURE 8 POLYMERS TO BE THE LEADING MATERIAL TYPE OF MEDICAL COATINGS
FIGURE 9 MEDICAL DEVICES SEGMENT WAS LARGEST APPLICATION OF MEDICAL COATINGS IN 2019
FIGURE 10 NORTH AMERICA WAS THE LARGEST MEDICAL COATINGS MARKET IN 2019
4 PREMIUM INSIGHTS
4.1 ATTRACTIVE OPPORTUNITIES IN MEDICAL COATINGS MARKET
FIGURE 11 GROWTH OF MEDICAL DEVICE SECTOR TO DRIVE MEDICAL COATINGS MARKET
4.2 MEDICAL COATINGS MARKET SIZE, BY COATING TYPE
FIGURE 12 PASSIVE COATINGS TO DOMINATE THE MARKET
FIGURE 13 POLYMERS SEGMENT TO DOMINATE MEDICAL COATINGS MARKET
4.3 MEDICAL COATINGS MARKET, BY APPLICATION
FIGURE 14 MEDICAL DEVICES TO BE THE LARGEST SEGMENT
4.4 NORTH AMERICA: MEDICAL COATINGS MARKET, BY APPLICATION AND COUNTRY, 2019
FIGURE 15 US AND MEDICAL DEVICES SEGMENT ACCOUNTED FOR LARGEST SHARES
4.5 MEDICAL COATINGS MARKET, BY MAJOR COUNTRIES
FIGURE 16 INDIA TO REGISTER HIGHEST CAGR BETWEEN 2020 AND 2025
5 MARKET OVERVIEW
5.1 MARKET DYNAMICS
FIGURE 17 DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES IN MEDICAL COATINGS MARKET
5.1.1 DRIVERS
5.1.1.1 Growth in population, income levels, and health awareness
FIGURE 18 INCREASING GERIATRIC POPULATION TO DRIVE MEDICAL COATINGS MARKET
FIGURE 19 GROWING GDP TO INCREASE HEALTHCARE INVESTMENTS
5.1.1.2 Increasing use of minimally invasive surgical procedures
5.1.1.3 Rising demand for home healthcare
5.1.1.4 Rapid spread of COVID-19 and high risk of HAIs
5.1.2 RESTRAINTS
5.1.2.1 High upfront costs and increasing raw material prices
5.1.2.2 Low shelf life of coatings
5.1.3 OPPORTUNITIES
5.1.3.1 Emergence of nanotechnology and growing market for multifunctional coatings
5.1.3.2 Complex design of medical devices demanding atomic layer deposition
5.1.4 CHALLENGES
5.1.4.1 Stringent and time-consuming regulatory approval process
5.1.4.2 Variations in regulations across countries
5.2 TECHNOLOGY ANALYSIS
5.3 TARIFFS AND REGULATIONS
5.4 COVID-19 IMPACT
5.5 AVERAGE SELLING PRICE ANALYSIS
5.6 CASE STUDY ANALYSIS
5.7 VALUE CHAIN ANALYSIS
FIGURE 20 OVERVIEW OF MEDICAL COATINGS VALUE CHAIN
5.7.1 RAW MATERIAL SUPPLIERS
5.7.2 MANUFACTURERS
5.7.3 DEVICE MANUFACTURERS
5.7.4 CONTRACT MANUFACTURERS
5.7.5 VALUE ADDITION
5.7.6 REGULATORY BODIES
5.7.7 INDUSTRIAL AND INSTITUTIONAL R&D
5.7.8 HEALTHCARE PROVIDERS
5.8 PORTER’S FIVE FORCES ANALYSIS
FIGURE 21 PORTER’S FIVE FORCES ANALYSIS OF MEDICAL COATINGS MARKET
5.8.1 BARGAINING POWER OF SUPPLIERS
5.8.2 BARGAINING POWER OF BUYERS
5.8.3 THREAT OF SUBSTITUTES
5.8.4 THREAT OF NEW ENTRANTS
5.8.5 INTENSITY OF RIVALRY
6 MEDICAL COATINGS MARKET, BY TYPE
6.1 INTRODUCTION
6.2 MEDICAL COATINGS MARKET, BY COATING TYPE
FIGURE 22 PASSIVE COATINGS TO ACCOUNT FOR LARGER MARKET SHARE
TABLE 1 MEDICAL COATINGS MARKET SIZE, BY COATING TYPE, 2018–2025 (KILOTON)
TABLE 2 MEDICAL COATINGS MARKET SIZE , BY COATING TYPE, 2018–2025 (USD MILLION)
6.2.1 ACTIVE COATINGS
TABLE 3 MEDICAL COATINGS MARKET SIZE, BY ACTIVE COATING TYPE, 2018–2025 (KILOTON)
TABLE 4 MEDICAL COATINGS MARKET SIZE, BY ACTIVE COATING TYPE, 2018–2025 (USD MILLION)
6.2.1.1 Antimicrobial coatings
6.2.1.1.1 Used to prevent microbial infection on medical devices
6.2.1.2 Others
6.2.1.2.1 Antithrombogenic coatings
6.2.1.2.2 Drug-eluting coatings
6.2.1.2.3 Anti-fog coatings
6.2.2 PASSIVE COATINGS
TABLE 5 MEDICAL COATINGS MARKET SIZE, BY PASSIVE COATING TYPE, 2018–2025 (KILOTON)
TABLE 6 MEDICAL COATINGS MARKET SIZE, BY PASSIVE COATING TYPE, 2018–2025 (USD MILLION)
6.2.2.1 Hydrophilic coatings/lubricious hydrophilic coatings
6.2.2.1.1 Increasing awareness of minimally invasive procedures to drive the demand for hydrophilic medical coatings
6.2.2.2 Hydrophobic coatings
6.2.2.2.1 Excellent water resistance of these coatings to fuel the market
6.3 MEDICAL COATINGS MARKET, BY MATERIAL TYPE
FIGURE 23 POLYMERS TO ACCOUNT FOR LARGEST MARKET SHARE
TABLE 7 MEDICAL COATINGS MARKET SIZE , BY MATERIAL TYPE, 2018–2025 (KILOTON)
TABLE 8 MEDICAL COATINGS MARKET SIZE, BY MATERIAL TYPE, 2018–2025 (USD MILLION)
6.3.1 POLYMERS
6.3.1.1 Fluoropolymers
6.3.1.1.1 PTFE
6.3.1.1.1.1 Has low friction release and resistance to heat and chemicals
6.3.1.1.2 PVDF
6.3.1.1.2.1 Highly durable and chemical-resistant
6.3.1.1.3 Others
6.3.1.2 Parylene
6.3.1.2.1 Transparent with a coefficient of friction similar to PTFE
6.3.1.3 Silicones
6.3.1.3.1 Biocompatibility of silicones to drive their use in medical applications
6.3.1.4 Others
6.3.2 METALS
6.3.2.1 Silver
6.3.2.1.1 Used as an antimicrobial coating
6.3.2.2 Titanium
6.3.2.2.1 Generally used in implant applications due to its biocompatibility
6.3.2.3 Others
6.3.3 OTHERS
7 MEDICAL COATINGS MARKET, BY SUBSTRATE TYPE
7.1 INTRODUCTION
7.2 MEDICAL COATINGS, BY SUBSTRATE TYPE
7.2.1 METALS
7.2.1.1 Titanium
7.2.1.2 Stainless steel
7.2.1.3 Others
7.2.2 CERAMICS
7.2.3 POLYMERS
7.2.3.1 Fluoropolymers
7.2.3.2 Silicone
7.2.3.3 Other polymers
7.2.4 COMPOSITES
7.2.5 GLASS
8 MEDICAL COATINGS MARKET, BY APPLICATION
8.1 INTRODUCTION
FIGURE 24 MEDICAL DEVICES SEGMENT TO ACCOUNT FOR LARGEST MARKET SHARE
TABLE 9 MEDICAL COATINGS MARKET, BY APPLICATION, 2018–2025 ( KILOTON)
TABLE 10 MEDICAL COATINGS MARKET, BY APPLICATION, 2020–2025 (USD MILLION)
8.2 MEDICAL DEVICES
8.2.1 INCREASING DEMAND FOR MINIMALLY INVASIVE SURGICAL PROCEDURES TO BOOST THE MARKET
8.3 MEDICAL IMPLANTS
8.3.1 ORTHOPEDIC IMPLANTS
8.3.1.1 Coatings offer lubricity and fatigue strength to orthopedic implants
8.3.2 DENTAL IMPLANTS
8.3.2.1 Dental implants coated with hydroxyapatite (HAP) stimulate bone healing
8.3.3 CARDIOVASCULAR IMPLANTS
8.3.3.1 Nanomaterial coatings are used for stents
8.4 MEDICAL EQUIPMENT & TOOLS
8.4.1 SURGICAL EQUIPMENT & TOOLS
8.4.1.1 Coatings offer antimicrobial and other functional properties to surgical tools
8.4.2 INSTITUTIONAL EQUIPMENT
8.4.2.1 Hydrophobic coatings are used for this equipment
8.5 PROTECTIVE CLOTHING
8.5.1 RAPID SPREAD OF COVID-19 DRIVING THE CONSUMPTION OF PROTECTIVE CLOTHING
8.6 OTHERS
9 MEDICAL COATINGS MARKET, BY REGION
9.1 INTRODUCTION
FIGURE 25 MEDICAL COATINGS MARKET IN INDIA TO REGISTER THE HOGHEST CAGR
TABLE 11 MEDICAL COATINGS MARKET SIZE, BY REGION, 2018–2025 (KILOTON)
TABLE 12 MEDICAL COATINGS MARKET SIZE, BY REGION, 2018–2025 (USD MILLION)
9.2 NORTH AMERICA
FIGURE 26 NORTH AMERICA: MEDICAL COATINGS MARKET SNAPSHOT
TABLE 13 NORTH AMERICA: MEDICAL COATINGS MARKET SIZE, BY COUNTRY, 2018–2025 (KILOTON)
TABLE 14 NORTH AMERICA: MEDICAL COATINGS MARKET SIZE, BY COUNTRY, 2018–2025 (USD MILLION)
TABLE 15 NORTH AMERICA: MEDICAL COATINGS MARKET SIZE, BY APPLICATION, 2018–2025 (KILOTON)
TABLE 16 NORTH AMERICA: MEDICAL COATINGS MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION)
9.2.1 US
9.2.1.1 Advancements in medical technology to propel the market
TABLE 17 US: MEDICAL COATINGS MARKET SIZE, BY APPLICATION, 2018–2025 (KILOTON)
TABLE 18 US: MEDICAL COATINGS MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION)
9.2.2 CANADA
9.2.2.1 Rising exports to boost the demand for medical coatings
TABLE 19 CANADA: MEDICAL COATINGS MARKET SIZE, BY APPLICATION, 2018–2025 (KILOTON)
TABLE 20 CANADA: MEDICAL COATINGS MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION)
9.2.3 MEXICO
9.2.3.1 Growth in domestic production activities to drive the market
TABLE 21 MEXICO: MEDICAL COATINGS MARKET SIZE, BY APPLICATION, 2018–2025 (KILOTON)
TABLE 22 MEXICO: MEDICAL COATINGS MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION)
9.3 EUROPE
FIGURE 27 EUROPE: MEDICAL COATINGS MARKET SNAPSHOT
TABLE 23 EUROPE: MEDICAL COATINGS MARKET SIZE, BY COUNTRY, 2018–2025 (KILOTON)
TABLE 24 EUROPE: MEDICAL COATINGS MARKET SIZE, BY COUNTRY, 2018–2025 (USD MILLION)
TABLE 25 EUROPE: MEDICAL COATINGS MARKET SIZE, BY APPLICATION, 2018–2025 (KILOTON)
TABLE 26 EUROPE: MEDICAL COATINGS MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION)
9.3.1 GERMANY
9.3.1.1 Innovations in medical technology to drive the market
TABLE 27 GERMANY: MEDICAL COATINGS MARKET SIZE, BY APPLICATION, 2018–2025 (KILOTON)
TABLE 28 GERMANY: MEDICAL COATINGS MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION)
9.3.2 FRANCE
9.3.2.1 Presence of a well-established medical device manufacturing industry to boost the market
TABLE 29 FRANCE: MEDICAL COATINGS MARKET SIZE, BY APPLICATION, 2018–2025 (KILOTON)
TABLE 30 FRANCE: MEDICAL COATINGS MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION)
9.3.3 UK
9.3.3.1 Government initiatives for collaborative developments in medical technology to drive the market
TABLE 31 UK: MEDICAL COATINGS MARKET SIZE, BY APPLICATION, 2018–2025 (KILOTON)
TABLE 32 UK: MEDICAL COATINGS MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION)
9.3.4 ITALY
9.3.4.1 Fourth-largest medical technology market in Europe
TABLE 33 ITALY: MEDICAL COATINGS MARKET SIZE, BY APPLICATION, 2018–2025 (TON)
TABLE 34 ITALY: MEDICAL COATINGS MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION)
9.3.5 RUSSIA
9.3.5.1 Rising demand for minimally invasive procedures to spur the market
TABLE 35 RUSSIA: MEDICAL COATINGS MARKET SIZE, BY APPLICATION, 2018–2025 (TON)
TABLE 36 RUSSIA: MEDICAL COATINGS MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION)
9.3.6 SPAIN
9.3.6.1 Among the largest consumers of medical coatings in the region
TABLE 37 SPAIN: MEDICAL COATINGS MARKET SIZE, BY APPLICATION, 2018–2025 (TON)
TABLE 38 SPAIN: MEDICAL COATINGS MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION)
9.3.7 REST OF EUROPE
TABLE 39 REST OF EUROPE: MEDICAL COATINGS MARKET SIZE, BY APPLICATION, 2018–2025 (TON)
TABLE 40 REST OF EUROPE: MEDICAL COATINGS MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION)
9.4 APAC
FIGURE 28 APAC: MEDICAL COATINGS MARKET SNAPSHOT
TABLE 41 APAC: MEDICAL COATINGS MARKET SIZE, BY COUNTRY, 2018–2025 (KILOTON)
TABLE 42 APAC: MEDICAL COATINGS MARKET SIZE, BY COUNTRY, 2018–2025 (USD MILLION)
TABLE 43 APAC: MEDICAL COATINGS MARKET SIZE, BY APPLICATION, 2018–2025 (KILOTON)
TABLE 44 APAC: MEDICAL COATINGS MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION)
9.4.1 CHINA
9.4.1.1 Third-largest medical device manufacturing market globally
TABLE 45 CHINA: MEDICAL COATINGS MARKET SIZE, BY APPLICATION, 2018–2025 (KILOTON)
TABLE 46 CHINA: MEDICAL COATINGS MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION)
9.4.2 JAPAN
9.4.2.1 Increasing percentage of geriatric population to drive the market
TABLE 47 JAPAN: MEDICAL COATINGS MARKET SIZE, BY APPLICATION, 2018–2025 (KILOTON)
TABLE 48 JAPAN: MEDICAL COATINGS MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION)
9.4.3 SOUTH KOREA
9.4.3.1 Continuous R&D activities to fuel the medical device market
TABLE 49 SOUTH KOREA: MEDICAL COATINGS MARKET SIZE, BY APPLICATION, 2018–2025 (TON)
TABLE 50 SOUTH KOREA: MEDICAL COATINGS MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION)
9.4.4 INDIA
9.4.4.1 Creation of medical device cluster projects to enhance the demand for medical coatings
TABLE 51 INDIA: MEDICAL COATINGS MARKET SIZE, BY APPLICATION, 2018–2025 (TON)
TABLE 52 INDIA: MEDICAL COATINGS MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION)
9.4.5 AUSTRALIA
9.4.5.1 Increased life expectancy to indirectly fuel the demand for medical devices
TABLE 53 AUSTRALIA: MEDICAL COATINGS MARKET SIZE, BY APPLICATION, 2018–2025 (TON)
TABLE 54 AUSTRALIA: MEDICAL COATINGS MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION)
9.4.6 REST OF APAC
TABLE 55 REST OF APAC: MEDICAL COATINGS MARKET SIZE, BY APPLICATION, 2018–2025 (TON)
TABLE 56 REST OF APAC: MEDICAL COATINGS MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION)
9.5 SOUTH AMERICA
TABLE 57 SOUTH AMERICA: MEDICAL COATINGS MARKET SIZE, BY COUNTRY, 2018–2025 (KILOTON)
TABLE 58 SOUTH AMERICA: MEDICAL COATINGS MARKET SIZE, BY COUNTRY, 2018–2025 (USD MILLION)
TABLE 59 SOUTH AMERICA: MEDICAL COATINGS MARKET SIZE, BY APPLICATION, 2018–2025 (KILOTON)
TABLE 60 SOUTH AMERICA: MEDICAL COATINGS MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION)
9.5.1 BRAZIL
9.5.1.1 Increasing domestic production of medical devices to drive the market
TABLE 61 BRAZIL: MEDICAL COATINGS MARKET SIZE, BY APPLICATION, 2018–2025 (KILOTON)
TABLE 62 BRAZIL: MEDICAL COATINGS MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION)
9.5.2 ARGENTINA
9.5.2.1 Increasing risk of non-communicable diseases to boost the demand
TABLE 63 ARGENTINA: MEDICAL COATINGS MARKET SIZE, BY APPLICATION, 2018–2025 (TON)
TABLE 64 ARGENTINA: MEDICAL COATINGS MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION)
9.5.3 REST OF SOUTH AMERICA
TABLE 65 REST OF SOUTH AMERICA: MEDICAL COATINGS MARKET SIZE, BY APPLICATION, 2018–2025 (TON)
TABLE 66 REST OF SOUTH AMERICA: MEDICAL COATINGS MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION)
9.6 MIDDLE EAST AND AFRICA
TABLE 67 MIDDLE EAST & AFRICA: MEDICAL COATINGS MARKET SIZE, BY COUNTRY, 2018–2025 (KILOTON)
TABLE 68 MIDDLE EAST & AFRICA: MEDICAL COATINGS MARKET SIZE, BY COUNTRY, 2018–2025 (USD MILLION)
TABLE 69 MIDDLE EAST & AFRICA: MEDICAL COATINGS MARKET SIZE, BY APPLICATION, 2018–2025 (KILOTON)
TABLE 70 MIDDLE EAST & AFRICA: MEDICAL COATINGS MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION)
9.6.1 SAUDI ARABIA
9.6.1.1 Government initiatives for healthcare industry to drive the market
TABLE 71 SAUDI ARABIA: MEDICAL COATINGS MARKET SIZE, BY APPLICATION, 2018–2025 (TON)
TABLE 72 SAUDI ARABIA: MEDICAL COATINGS MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION)
9.6.2 SOUTH AFRICA
9.6.2.1 Investments by global medical device companies to drive the medical coatings market
TABLE 73 SOUTH AFRICA: MEDICAL COATINGS MARKET SIZE, BY APPLICATION, 2018–2025 (TON)
TABLE 74 SOUTH AFRICA: MEDICAL COATINGS MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION)
9.6.3 UAE
9.6.3.1 Diversification of economy to propel the demand for medical coatings
TABLE 75 UAE: MEDICAL COATINGS MARKET SIZE, BY APPLICATION, 2018–2025 (TON)
TABLE 76 UAE: MEDICAL COATINGS MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION)
9.6.4 REST OF MIDDLE EAST & AFRICA
TABLE 77 REST OF MIDDLE EAST & AFRICA: MEDICAL COATINGS MARKET SIZE, BY APPLICATION, 2018–2025 (TON)
TABLE 78 REST OF MIDDLE EAST & AFRICA: MEDICAL COATINGS MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION)
10 COMPETITIVE LANDSCAPE
10.1 OVERVIEW
FIGURE 29 COMPANIES ADOPTED INVESTMENT & EXPANSION AS THE KEY GROWTH STRATEGY BETWEEN 2016 AND 2020
10.2 COMPETITIVE LEADERSHIP MAPPING, 2019
10.2.1 VISIONARY LEADERS
10.2.2 INNOVATORS
10.2.3 DYNAMIC DIFFERENTIATORS
10.2.4 EMERGING COMPANIES
FIGURE 30 MEDICAL COATINGS MARKET: COMPETITIVE LEADERSHIP MAPPING, 2019
10.3 COMPETITIVE BENCHMARKING
FIGURE 31 PRODUCT PORTFOLIO ANALYSIS OF TOP PLAYERS IN MEDICAL COATINGS MARKET
10.3.1 BUSINESS STRATEGY EXCELLENCE
FIGURE 32 BUSINESS STRATEGY EXCELLENCE OF TOP PLAYERS IN MEDICAL COATINGS MARKET
10.4 MARKET RANKING OF KEY PLAYERS
10.5 MARKET SHARE ANALYSIS
10.6 COMPETITIVE SITUATION & TRENDS
10.6.1 PARTNERSHIP
TABLE 79 PARTNERSHIP (2016–2020)
10.6.2 NEW PRODUCT DEVELOPMENT
TABLE 80 NEW PRODUCT DEVELOPMENT (2016–2020)
10.6.3 MERGER & ACQUISITION
TABLE 81 MERGER & AQUISITION (2016–2020)
10.6.4 AGREEMENT & COLLABORATION
TABLE 82 AGREEMENT & COLLABORATION (2016–2020)
10.6.5 INVESTMENT & EXPANSION
TABLE 83 INVESTMENT & EXPANSION (2016–2020)
11 COMPANY PROFILES
(Business Overview, Products Offered, Recent Developments, SWOT Analysis, MnM View)*
11.1 HYDROMER
FIGURE 33 HYDROMER: COMPANY SNAPSHOT
FIGURE 34 HYDROMER: SWOT ANALYSIS
11.2 DSM
FIGURE 35 DSM: COMPANY SNAPSHOT
TABLE 84 WALLET SHARE OF END-USE MARKET FOR DSM
FIGURE 36 DSM: SWOT ANALYSIS
11.3 SURMODICS
FIGURE 37 SURMODICS: COMPANY SNAPSHOT
FIGURE 38 SURMODICS: SWOT ANALYSIS
11.4 BIOCOAT
FIGURE 39 BIOCOAT INC.: SWOT ANALYSIS
11.5 AST PRODUCTS INC.
11.6 COVALON TECHNOLOGIES LTD.
11.7 FREUDENBERG MEDICAL
11.8 MERIT MEDICAL OEM
11.9 HARLAND MEDICAL SYSTEMS INC.
11.10 APPLIED MEDICAL COATINGS
11.11 OTHERS
11.11.1 APPLIED MEMBRANE TECHNOLOGIES
11.11.2 A&A COATINGS
11.11.3 CALICO COATINGS
11.11.4 COATINGS2GO
11.11.5 CURTISS WRIGHT CORPORATION
11.11.6 ENCAPSON
11.11.7 ENDURA COATINGS
11.11.8 HTI TECHNOLOGIES
11.11.9 MATERION CORPORATION
11.11.10 MEDICOAT
11.11.11 MILLER-STEPHENSON
11.11.12 PRECISION COATING TECHNOLOGY & MANUFACTURING
11.11.13 SPECIALTY COATINGS SYSTEMS
11.11.14 SURFACE TECHNOLOGY
11.11.15 WHITFORD
*Details on Business Overview, Products Offered, Recent Developments, SWOT Analysis, MnM View might not be captured in case of unlisted companies.
12 ADJACENT/RELATED MARKETS
12.1 INTRODUCTION
12.2 LIMITATION
12.3 PAINTS & COATINGS ECOSYSTEM AND INTERCONNECTED MARKET
12.4 CATHETERS
12.4.1 MARKET DEFINITION
12.4.2 MARKET OVERVIEW
12.4.3 CATHETERS MARKET, BY RESIN TYPE
TABLE 85 CATHETERS MARKET, BY TYPE, 2018–2025 (USD MILLION)
12.4.3.1 Cardiovascular Catheters
TABLE 86 CARDIOVASCULAR CATHETERS MARKET, BY TYPE, 2018–2025 (USD MILLION)
12.4.3.1.1 Electrophysiology Catheters
12.4.3.1.1.1 Electrophysiology catheters dominate the cardiovascular catheters market
12.4.3.1.2 Angiography Catheters
12.4.3.1.2.1 Benefits of angiography have supported the demand for related catheters
12.4.3.1.3 Balloon Catheters
12.4.3.1.3.1 Demand for balloon catheters is expected to inflate in the APAC
12.4.3.1.4 IVUS/OCT Catheters
12.4.3.1.4.1 Penetration of market products is higher in Japan as compared to the US and Europe
12.4.3.1.5 Guiding Catheters
12.4.3.1.5.1 Rising number of interventional and angiography procedures will drive market growth
12.4.3.2 Intravenous Catheters
TABLE 87 INTRAVENOUS CATHETERS MARKET, BY TYPE, 2018–2025 (USD MILLION)
12.4.3.2.1 Central Venous Catheters
TABLE 88 CENTRAL VENOUS CATHETERS MARKET, BY TYPE, 2018–2025 (USD MILLION)
12.4.3.2.2 Peripherally Inserted Central Catheters
12.4.3.2.2.1 PICCs dominate the central venous catheters market
12.4.3.2.3 Non-tunneled central catheters
12.4.3.2.3.1 Non-tunneled catheters are mainly used for short-term access
12.4.3.2.4 Skin-tunneled Central Catheters
12.4.3.2.4.1 Skin-tunneled catheters are used for long-term access and feature a low infection risk
12.4.3.2.5 Implantable Ports
12.4.3.2.5.1 High convenience and minimized risk of infection has supported the adoption of implantable ports
12.4.3.2.6 Peripheral Catheters
12.4.3.2.6.1 Large usage of these devices is the key driver of market growth
12.4.3.2.7 Midline Peripheral Catheters
12.4.3.2.7.1 The use of midline peripheral catheters has declined in recent years
12.4.3.3 Urological Catheters
TABLE 89 UROLOGICAL CATHETERS MARKET, BY TYPE, 2018–2025 (USD MILLION)
12.4.3.3.1 Urinary Catheters
TABLE 90 URINARY CATHETERS MARKET, BY TYPE, 2018–2025 (USD MILLION)
TABLE 91 URINARY CATHETERS MARKET, BY TYPE, 2018–2025 (MILLION UNITS)
12.4.3.3.2 Indwelling/Foley Catheters
12.4.3.3.2.1 Indwelling/Foley catheters dominate the urinary catheters market
12.4.3.3.3 Intermittent Catheters
12.4.3.3.3.1 Intermittent catheters will grow at the highest CAGR during the forecast period
12.4.3.3.4 External Catheters
12.4.3.3.4.1 Minimized risk of damage to the urethra and infections drive the market for external catheters
12.4.3.4 Dialysis Catheters
TABLE 92 DIALYSIS CATHETERS MARKET, BY TYPE, 2018–2025 (USD MILLION)
12.4.3.4.1 Peritoneal Dialysis Catheters
12.4.3.4.1.1 Development of new approaches for PD catheter placement is driving their adoption
12.4.3.4.2 Hemodialysis Catheters
12.4.3.4.2.1 Hemodialysis catheters can be used for the long-term if fistulas and grafts are unsuccessful
12.4.3.5 Specialty Catheters
TABLE 93 SPECIALTY CATHETERS MARKET, BY TYPE, 2018–2025 (USD MILLION)
12.4.3.5.1 Pressure & Hemodynamic Monitoring Catheters
12.4.3.5.1.1 Benefits such as continuous monitoring capabilities and a wide range of applications are driving segmental growth
12.4.3.5.2 Temperature Monitoring Catheters
12.4.3.5.2.1 Accuracy and need for vital sign monitoring have driven demand for temperature monitoring catheters
12.4.3.5.3 Intrauterine Insemination Catheters
12.4.3.5.3.1 IUI catheters are commonly used in infertility cases and for sonohysterography
12.4.3.5.4 Other Specialty Catheters
12.4.3.6 Neurovascular Catheters
12.4.3.6.1 Rising incidence of neurological disorders is driving the market for neurovascular catheters
12.4.4 CATHETERS MARKET, BY END USER
TABLE 94 CATHETERS MARKET, BY END USER, 2018–2025 (USD MILLION)
12.4.4.1 Hospitals
12.4.4.1.1 High patient inflow and procedural volumes make hospitals the largest end users of catheters
12.4.4.2 Long-term care facilities
12.4.4.2.1 Growing demand for long-term care supports the growth of this end-user segment
12.4.4.3 Diagnostic Imaging centers
12.4.4.3.1 Efficiency, convenience, and affordability of imaging centers drive the growth of this end-user segment
12.4.4.4 Other end users
12.4.5 CATHETERS MARKET, BY REGION
TABLE 95 CATHETERS MARKET, BY REGION, 2018–2025 (USD MILLION)
12.4.5.1 North America
12.4.5.2 Europe
12.4.5.3 APAC
12.4.5.4 ROW
12.5 ACTIVE IMPLANTABLE MEDICAL DEVICE MARKET
12.5.1 MARKET DEFINITION
12.5.2 MARKET OVERVIEW
12.5.3 ACTIVE IMPLANTABLE MEDICAL DEVICE MARKET, BY PRODUCT TYPE
TABLE 96 GLOBAL ACTIVE IMPLANTABLE MEDICAL DEVICES MARKET SIZE, BY PRODUCT, 2015–2022 (USD MILLION)
12.5.3.1 Implantable cardioverter defibrillators
TABLE 97 GLOBAL IMPLANTABLE CARDIOVERTER DEFIBRILLATORS MARKET SIZE, BY PRODUCT TYPE, 2015–2022 (USD MILLION)
12.5.3.1.1 Transvenous Implantable Cardioverter Defibrillators
TABLE 98 GLOBAL TRANSVENOUS IMPLANTABLE CARDIOVERTER DEFIBRILLATORS MARKET SIZE, BY PRODUCT TYPE, 2015-2022 (USD MILLION)
12.5.3.1.1.1 Biventricular Implantable Cardioverter Defibrillators (ICDs)/Cardiac Resynchronization Therapy Defibrillators (CRT-Ds)
12.5.3.1.1.2 Dual-Chamber Implantable Cardioverter Defibrillators
12.5.3.1.1.3 Single-Chamber Implantable Cardioverter Defibrillators
12.5.3.1.2 Subcutaneous Implantable Cardioverter Defibrillators
12.5.3.2 Implantable cardiac pacemakers
12.5.3.3 Ventricular assist devices
12.5.3.4 Implantable heart monitors/Insertable loop recorders
12.5.3.5 Neurostimulators
TABLE 99 NEUROSTIMULATORS MARKET SIZE, BY PRODUCT TYPE, 2015-2022 (USD MILLION)
12.5.3.5.1 Spinal cord stimulators
12.5.3.5.2 Deep brain stimulators
12.5.3.5.3 Sacral nerve stimulators
12.5.3.5.4 Vagus nerve stimulators
12.5.3.5.5 Gastric electrical stimulators
12.5.3.5.6 Implantable hearing devices
TABLE 100 IMPLANTABLE HEARING DEVICES MARKET SIZE, BY PRODUCT TYPE, 2015-2022 (USD MILLION)
12.5.3.5.6.1 Active hearing Implants
12.5.3.5.6.2 Passive hearing implants
12.5.4 ACTIVE IMPLANTABLE MEDICAL DEVICE MARKET, BY REGION
TABLE 101 GLOBAL ACTIVE IMPLANTABLE MEDICAL DEVICES MARKET SIZE, BY REGION, 2015–2022 (USD MILLION)
12.5.4.1 NORTH AMERICA
12.5.4.2 EUROPE
12.5.4.3 ASIA-PACIFIC
12.5.4.4 LATIN AMERICA
12.5.4.5 MIDDLE EAST AND AFRICA
13 APPENDIX
13.1 DISCUSSION GUIDE
13.2 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
13.3 AVAILABLE CUSTOMIZATIONS
13.4 RELATED REPORTS
13.5 AUTHOR DETAILS
1.1 OBJECTIVES OF THE STUDY
1.2 MARKET DEFINITION
1.3 MARKET SCOPE
1.3.1 MEDICAL COATINGS MARKET SEGMENTATION
1.3.2 REGIONS COVERED
1.3.3 YEARS CONSIDERED FOR THE STUDY
1.4 CURRENCY
1.5 UNIT CONSIDERED
1.6 STAKEHOLDERS
1.7 LIMITATIONS
1.8 SUMMARY OF CHANGES
2 RESEARCH METHODOLOGY
2.1 RESEARCH DATA
FIGURE 1 MEDICAL COATINGS MARKET: RESEARCH DESIGN
2.1.1 SECONDARY DATA
2.1.1.1 Key data from secondary sources
2.1.2 PRIMARY DATA
2.1.2.1 Key data from primary sources
2.1.2.2 Key industry insights
2.1.2.3 Breakdown of primary interviews
2.2 MARKET SIZE ESTIMATION
2.2.1 BOTTOM-UP APPROACH
FIGURE 2 MEDICAL COATINGS MARKET: BOTTOM-UP APPROACH
2.2.2 TOP-DOWN APPROACH
FIGURE 3 MEDICAL COATINGS MARKET: TOP-DOWN APPROACH
2.3 DATA TRIANGULATION
FIGURE 4 MEDICAL COATINGS MARKET: DATA TRIANGULATION
2.3.1 MEDICAL COATINGS MARKET ANALYSIS THROUGH PRIMARY INTERVIEWS
FIGURE 5 MEDICAL COATINGS MARKET ANALYSIS THROUGH SECONDARY SOURCES
FIGURE 6 MEDICAL COATINGS MARKET ANALYSIS
2.4 LIMITATIONS
2.5 ASSUMPTIONS
3 EXECUTIVE SUMMARY
FIGURE 7 PASSIVE COATINGS SEGMENT TO LEAD THE MARKET
FIGURE 8 POLYMERS TO BE THE LEADING MATERIAL TYPE OF MEDICAL COATINGS
FIGURE 9 MEDICAL DEVICES SEGMENT WAS LARGEST APPLICATION OF MEDICAL COATINGS IN 2019
FIGURE 10 NORTH AMERICA WAS THE LARGEST MEDICAL COATINGS MARKET IN 2019
4 PREMIUM INSIGHTS
4.1 ATTRACTIVE OPPORTUNITIES IN MEDICAL COATINGS MARKET
FIGURE 11 GROWTH OF MEDICAL DEVICE SECTOR TO DRIVE MEDICAL COATINGS MARKET
4.2 MEDICAL COATINGS MARKET SIZE, BY COATING TYPE
FIGURE 12 PASSIVE COATINGS TO DOMINATE THE MARKET
FIGURE 13 POLYMERS SEGMENT TO DOMINATE MEDICAL COATINGS MARKET
4.3 MEDICAL COATINGS MARKET, BY APPLICATION
FIGURE 14 MEDICAL DEVICES TO BE THE LARGEST SEGMENT
4.4 NORTH AMERICA: MEDICAL COATINGS MARKET, BY APPLICATION AND COUNTRY, 2019
FIGURE 15 US AND MEDICAL DEVICES SEGMENT ACCOUNTED FOR LARGEST SHARES
4.5 MEDICAL COATINGS MARKET, BY MAJOR COUNTRIES
FIGURE 16 INDIA TO REGISTER HIGHEST CAGR BETWEEN 2020 AND 2025
5 MARKET OVERVIEW
5.1 MARKET DYNAMICS
FIGURE 17 DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES IN MEDICAL COATINGS MARKET
5.1.1 DRIVERS
5.1.1.1 Growth in population, income levels, and health awareness
FIGURE 18 INCREASING GERIATRIC POPULATION TO DRIVE MEDICAL COATINGS MARKET
FIGURE 19 GROWING GDP TO INCREASE HEALTHCARE INVESTMENTS
5.1.1.2 Increasing use of minimally invasive surgical procedures
5.1.1.3 Rising demand for home healthcare
5.1.1.4 Rapid spread of COVID-19 and high risk of HAIs
5.1.2 RESTRAINTS
5.1.2.1 High upfront costs and increasing raw material prices
5.1.2.2 Low shelf life of coatings
5.1.3 OPPORTUNITIES
5.1.3.1 Emergence of nanotechnology and growing market for multifunctional coatings
5.1.3.2 Complex design of medical devices demanding atomic layer deposition
5.1.4 CHALLENGES
5.1.4.1 Stringent and time-consuming regulatory approval process
5.1.4.2 Variations in regulations across countries
5.2 TECHNOLOGY ANALYSIS
5.3 TARIFFS AND REGULATIONS
5.4 COVID-19 IMPACT
5.5 AVERAGE SELLING PRICE ANALYSIS
5.6 CASE STUDY ANALYSIS
5.7 VALUE CHAIN ANALYSIS
FIGURE 20 OVERVIEW OF MEDICAL COATINGS VALUE CHAIN
5.7.1 RAW MATERIAL SUPPLIERS
5.7.2 MANUFACTURERS
5.7.3 DEVICE MANUFACTURERS
5.7.4 CONTRACT MANUFACTURERS
5.7.5 VALUE ADDITION
5.7.6 REGULATORY BODIES
5.7.7 INDUSTRIAL AND INSTITUTIONAL R&D
5.7.8 HEALTHCARE PROVIDERS
5.8 PORTER’S FIVE FORCES ANALYSIS
FIGURE 21 PORTER’S FIVE FORCES ANALYSIS OF MEDICAL COATINGS MARKET
5.8.1 BARGAINING POWER OF SUPPLIERS
5.8.2 BARGAINING POWER OF BUYERS
5.8.3 THREAT OF SUBSTITUTES
5.8.4 THREAT OF NEW ENTRANTS
5.8.5 INTENSITY OF RIVALRY
6 MEDICAL COATINGS MARKET, BY TYPE
6.1 INTRODUCTION
6.2 MEDICAL COATINGS MARKET, BY COATING TYPE
FIGURE 22 PASSIVE COATINGS TO ACCOUNT FOR LARGER MARKET SHARE
TABLE 1 MEDICAL COATINGS MARKET SIZE, BY COATING TYPE, 2018–2025 (KILOTON)
TABLE 2 MEDICAL COATINGS MARKET SIZE , BY COATING TYPE, 2018–2025 (USD MILLION)
6.2.1 ACTIVE COATINGS
TABLE 3 MEDICAL COATINGS MARKET SIZE, BY ACTIVE COATING TYPE, 2018–2025 (KILOTON)
TABLE 4 MEDICAL COATINGS MARKET SIZE, BY ACTIVE COATING TYPE, 2018–2025 (USD MILLION)
6.2.1.1 Antimicrobial coatings
6.2.1.1.1 Used to prevent microbial infection on medical devices
6.2.1.2 Others
6.2.1.2.1 Antithrombogenic coatings
6.2.1.2.2 Drug-eluting coatings
6.2.1.2.3 Anti-fog coatings
6.2.2 PASSIVE COATINGS
TABLE 5 MEDICAL COATINGS MARKET SIZE, BY PASSIVE COATING TYPE, 2018–2025 (KILOTON)
TABLE 6 MEDICAL COATINGS MARKET SIZE, BY PASSIVE COATING TYPE, 2018–2025 (USD MILLION)
6.2.2.1 Hydrophilic coatings/lubricious hydrophilic coatings
6.2.2.1.1 Increasing awareness of minimally invasive procedures to drive the demand for hydrophilic medical coatings
6.2.2.2 Hydrophobic coatings
6.2.2.2.1 Excellent water resistance of these coatings to fuel the market
6.3 MEDICAL COATINGS MARKET, BY MATERIAL TYPE
FIGURE 23 POLYMERS TO ACCOUNT FOR LARGEST MARKET SHARE
TABLE 7 MEDICAL COATINGS MARKET SIZE , BY MATERIAL TYPE, 2018–2025 (KILOTON)
TABLE 8 MEDICAL COATINGS MARKET SIZE, BY MATERIAL TYPE, 2018–2025 (USD MILLION)
6.3.1 POLYMERS
6.3.1.1 Fluoropolymers
6.3.1.1.1 PTFE
6.3.1.1.1.1 Has low friction release and resistance to heat and chemicals
6.3.1.1.2 PVDF
6.3.1.1.2.1 Highly durable and chemical-resistant
6.3.1.1.3 Others
6.3.1.2 Parylene
6.3.1.2.1 Transparent with a coefficient of friction similar to PTFE
6.3.1.3 Silicones
6.3.1.3.1 Biocompatibility of silicones to drive their use in medical applications
6.3.1.4 Others
6.3.2 METALS
6.3.2.1 Silver
6.3.2.1.1 Used as an antimicrobial coating
6.3.2.2 Titanium
6.3.2.2.1 Generally used in implant applications due to its biocompatibility
6.3.2.3 Others
6.3.3 OTHERS
7 MEDICAL COATINGS MARKET, BY SUBSTRATE TYPE
7.1 INTRODUCTION
7.2 MEDICAL COATINGS, BY SUBSTRATE TYPE
7.2.1 METALS
7.2.1.1 Titanium
7.2.1.2 Stainless steel
7.2.1.3 Others
7.2.2 CERAMICS
7.2.3 POLYMERS
7.2.3.1 Fluoropolymers
7.2.3.2 Silicone
7.2.3.3 Other polymers
7.2.4 COMPOSITES
7.2.5 GLASS
8 MEDICAL COATINGS MARKET, BY APPLICATION
8.1 INTRODUCTION
FIGURE 24 MEDICAL DEVICES SEGMENT TO ACCOUNT FOR LARGEST MARKET SHARE
TABLE 9 MEDICAL COATINGS MARKET, BY APPLICATION, 2018–2025 ( KILOTON)
TABLE 10 MEDICAL COATINGS MARKET, BY APPLICATION, 2020–2025 (USD MILLION)
8.2 MEDICAL DEVICES
8.2.1 INCREASING DEMAND FOR MINIMALLY INVASIVE SURGICAL PROCEDURES TO BOOST THE MARKET
8.3 MEDICAL IMPLANTS
8.3.1 ORTHOPEDIC IMPLANTS
8.3.1.1 Coatings offer lubricity and fatigue strength to orthopedic implants
8.3.2 DENTAL IMPLANTS
8.3.2.1 Dental implants coated with hydroxyapatite (HAP) stimulate bone healing
8.3.3 CARDIOVASCULAR IMPLANTS
8.3.3.1 Nanomaterial coatings are used for stents
8.4 MEDICAL EQUIPMENT & TOOLS
8.4.1 SURGICAL EQUIPMENT & TOOLS
8.4.1.1 Coatings offer antimicrobial and other functional properties to surgical tools
8.4.2 INSTITUTIONAL EQUIPMENT
8.4.2.1 Hydrophobic coatings are used for this equipment
8.5 PROTECTIVE CLOTHING
8.5.1 RAPID SPREAD OF COVID-19 DRIVING THE CONSUMPTION OF PROTECTIVE CLOTHING
8.6 OTHERS
9 MEDICAL COATINGS MARKET, BY REGION
9.1 INTRODUCTION
FIGURE 25 MEDICAL COATINGS MARKET IN INDIA TO REGISTER THE HOGHEST CAGR
TABLE 11 MEDICAL COATINGS MARKET SIZE, BY REGION, 2018–2025 (KILOTON)
TABLE 12 MEDICAL COATINGS MARKET SIZE, BY REGION, 2018–2025 (USD MILLION)
9.2 NORTH AMERICA
FIGURE 26 NORTH AMERICA: MEDICAL COATINGS MARKET SNAPSHOT
TABLE 13 NORTH AMERICA: MEDICAL COATINGS MARKET SIZE, BY COUNTRY, 2018–2025 (KILOTON)
TABLE 14 NORTH AMERICA: MEDICAL COATINGS MARKET SIZE, BY COUNTRY, 2018–2025 (USD MILLION)
TABLE 15 NORTH AMERICA: MEDICAL COATINGS MARKET SIZE, BY APPLICATION, 2018–2025 (KILOTON)
TABLE 16 NORTH AMERICA: MEDICAL COATINGS MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION)
9.2.1 US
9.2.1.1 Advancements in medical technology to propel the market
TABLE 17 US: MEDICAL COATINGS MARKET SIZE, BY APPLICATION, 2018–2025 (KILOTON)
TABLE 18 US: MEDICAL COATINGS MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION)
9.2.2 CANADA
9.2.2.1 Rising exports to boost the demand for medical coatings
TABLE 19 CANADA: MEDICAL COATINGS MARKET SIZE, BY APPLICATION, 2018–2025 (KILOTON)
TABLE 20 CANADA: MEDICAL COATINGS MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION)
9.2.3 MEXICO
9.2.3.1 Growth in domestic production activities to drive the market
TABLE 21 MEXICO: MEDICAL COATINGS MARKET SIZE, BY APPLICATION, 2018–2025 (KILOTON)
TABLE 22 MEXICO: MEDICAL COATINGS MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION)
9.3 EUROPE
FIGURE 27 EUROPE: MEDICAL COATINGS MARKET SNAPSHOT
TABLE 23 EUROPE: MEDICAL COATINGS MARKET SIZE, BY COUNTRY, 2018–2025 (KILOTON)
TABLE 24 EUROPE: MEDICAL COATINGS MARKET SIZE, BY COUNTRY, 2018–2025 (USD MILLION)
TABLE 25 EUROPE: MEDICAL COATINGS MARKET SIZE, BY APPLICATION, 2018–2025 (KILOTON)
TABLE 26 EUROPE: MEDICAL COATINGS MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION)
9.3.1 GERMANY
9.3.1.1 Innovations in medical technology to drive the market
TABLE 27 GERMANY: MEDICAL COATINGS MARKET SIZE, BY APPLICATION, 2018–2025 (KILOTON)
TABLE 28 GERMANY: MEDICAL COATINGS MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION)
9.3.2 FRANCE
9.3.2.1 Presence of a well-established medical device manufacturing industry to boost the market
TABLE 29 FRANCE: MEDICAL COATINGS MARKET SIZE, BY APPLICATION, 2018–2025 (KILOTON)
TABLE 30 FRANCE: MEDICAL COATINGS MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION)
9.3.3 UK
9.3.3.1 Government initiatives for collaborative developments in medical technology to drive the market
TABLE 31 UK: MEDICAL COATINGS MARKET SIZE, BY APPLICATION, 2018–2025 (KILOTON)
TABLE 32 UK: MEDICAL COATINGS MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION)
9.3.4 ITALY
9.3.4.1 Fourth-largest medical technology market in Europe
TABLE 33 ITALY: MEDICAL COATINGS MARKET SIZE, BY APPLICATION, 2018–2025 (TON)
TABLE 34 ITALY: MEDICAL COATINGS MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION)
9.3.5 RUSSIA
9.3.5.1 Rising demand for minimally invasive procedures to spur the market
TABLE 35 RUSSIA: MEDICAL COATINGS MARKET SIZE, BY APPLICATION, 2018–2025 (TON)
TABLE 36 RUSSIA: MEDICAL COATINGS MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION)
9.3.6 SPAIN
9.3.6.1 Among the largest consumers of medical coatings in the region
TABLE 37 SPAIN: MEDICAL COATINGS MARKET SIZE, BY APPLICATION, 2018–2025 (TON)
TABLE 38 SPAIN: MEDICAL COATINGS MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION)
9.3.7 REST OF EUROPE
TABLE 39 REST OF EUROPE: MEDICAL COATINGS MARKET SIZE, BY APPLICATION, 2018–2025 (TON)
TABLE 40 REST OF EUROPE: MEDICAL COATINGS MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION)
9.4 APAC
FIGURE 28 APAC: MEDICAL COATINGS MARKET SNAPSHOT
TABLE 41 APAC: MEDICAL COATINGS MARKET SIZE, BY COUNTRY, 2018–2025 (KILOTON)
TABLE 42 APAC: MEDICAL COATINGS MARKET SIZE, BY COUNTRY, 2018–2025 (USD MILLION)
TABLE 43 APAC: MEDICAL COATINGS MARKET SIZE, BY APPLICATION, 2018–2025 (KILOTON)
TABLE 44 APAC: MEDICAL COATINGS MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION)
9.4.1 CHINA
9.4.1.1 Third-largest medical device manufacturing market globally
TABLE 45 CHINA: MEDICAL COATINGS MARKET SIZE, BY APPLICATION, 2018–2025 (KILOTON)
TABLE 46 CHINA: MEDICAL COATINGS MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION)
9.4.2 JAPAN
9.4.2.1 Increasing percentage of geriatric population to drive the market
TABLE 47 JAPAN: MEDICAL COATINGS MARKET SIZE, BY APPLICATION, 2018–2025 (KILOTON)
TABLE 48 JAPAN: MEDICAL COATINGS MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION)
9.4.3 SOUTH KOREA
9.4.3.1 Continuous R&D activities to fuel the medical device market
TABLE 49 SOUTH KOREA: MEDICAL COATINGS MARKET SIZE, BY APPLICATION, 2018–2025 (TON)
TABLE 50 SOUTH KOREA: MEDICAL COATINGS MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION)
9.4.4 INDIA
9.4.4.1 Creation of medical device cluster projects to enhance the demand for medical coatings
TABLE 51 INDIA: MEDICAL COATINGS MARKET SIZE, BY APPLICATION, 2018–2025 (TON)
TABLE 52 INDIA: MEDICAL COATINGS MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION)
9.4.5 AUSTRALIA
9.4.5.1 Increased life expectancy to indirectly fuel the demand for medical devices
TABLE 53 AUSTRALIA: MEDICAL COATINGS MARKET SIZE, BY APPLICATION, 2018–2025 (TON)
TABLE 54 AUSTRALIA: MEDICAL COATINGS MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION)
9.4.6 REST OF APAC
TABLE 55 REST OF APAC: MEDICAL COATINGS MARKET SIZE, BY APPLICATION, 2018–2025 (TON)
TABLE 56 REST OF APAC: MEDICAL COATINGS MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION)
9.5 SOUTH AMERICA
TABLE 57 SOUTH AMERICA: MEDICAL COATINGS MARKET SIZE, BY COUNTRY, 2018–2025 (KILOTON)
TABLE 58 SOUTH AMERICA: MEDICAL COATINGS MARKET SIZE, BY COUNTRY, 2018–2025 (USD MILLION)
TABLE 59 SOUTH AMERICA: MEDICAL COATINGS MARKET SIZE, BY APPLICATION, 2018–2025 (KILOTON)
TABLE 60 SOUTH AMERICA: MEDICAL COATINGS MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION)
9.5.1 BRAZIL
9.5.1.1 Increasing domestic production of medical devices to drive the market
TABLE 61 BRAZIL: MEDICAL COATINGS MARKET SIZE, BY APPLICATION, 2018–2025 (KILOTON)
TABLE 62 BRAZIL: MEDICAL COATINGS MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION)
9.5.2 ARGENTINA
9.5.2.1 Increasing risk of non-communicable diseases to boost the demand
TABLE 63 ARGENTINA: MEDICAL COATINGS MARKET SIZE, BY APPLICATION, 2018–2025 (TON)
TABLE 64 ARGENTINA: MEDICAL COATINGS MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION)
9.5.3 REST OF SOUTH AMERICA
TABLE 65 REST OF SOUTH AMERICA: MEDICAL COATINGS MARKET SIZE, BY APPLICATION, 2018–2025 (TON)
TABLE 66 REST OF SOUTH AMERICA: MEDICAL COATINGS MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION)
9.6 MIDDLE EAST AND AFRICA
TABLE 67 MIDDLE EAST & AFRICA: MEDICAL COATINGS MARKET SIZE, BY COUNTRY, 2018–2025 (KILOTON)
TABLE 68 MIDDLE EAST & AFRICA: MEDICAL COATINGS MARKET SIZE, BY COUNTRY, 2018–2025 (USD MILLION)
TABLE 69 MIDDLE EAST & AFRICA: MEDICAL COATINGS MARKET SIZE, BY APPLICATION, 2018–2025 (KILOTON)
TABLE 70 MIDDLE EAST & AFRICA: MEDICAL COATINGS MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION)
9.6.1 SAUDI ARABIA
9.6.1.1 Government initiatives for healthcare industry to drive the market
TABLE 71 SAUDI ARABIA: MEDICAL COATINGS MARKET SIZE, BY APPLICATION, 2018–2025 (TON)
TABLE 72 SAUDI ARABIA: MEDICAL COATINGS MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION)
9.6.2 SOUTH AFRICA
9.6.2.1 Investments by global medical device companies to drive the medical coatings market
TABLE 73 SOUTH AFRICA: MEDICAL COATINGS MARKET SIZE, BY APPLICATION, 2018–2025 (TON)
TABLE 74 SOUTH AFRICA: MEDICAL COATINGS MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION)
9.6.3 UAE
9.6.3.1 Diversification of economy to propel the demand for medical coatings
TABLE 75 UAE: MEDICAL COATINGS MARKET SIZE, BY APPLICATION, 2018–2025 (TON)
TABLE 76 UAE: MEDICAL COATINGS MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION)
9.6.4 REST OF MIDDLE EAST & AFRICA
TABLE 77 REST OF MIDDLE EAST & AFRICA: MEDICAL COATINGS MARKET SIZE, BY APPLICATION, 2018–2025 (TON)
TABLE 78 REST OF MIDDLE EAST & AFRICA: MEDICAL COATINGS MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION)
10 COMPETITIVE LANDSCAPE
10.1 OVERVIEW
FIGURE 29 COMPANIES ADOPTED INVESTMENT & EXPANSION AS THE KEY GROWTH STRATEGY BETWEEN 2016 AND 2020
10.2 COMPETITIVE LEADERSHIP MAPPING, 2019
10.2.1 VISIONARY LEADERS
10.2.2 INNOVATORS
10.2.3 DYNAMIC DIFFERENTIATORS
10.2.4 EMERGING COMPANIES
FIGURE 30 MEDICAL COATINGS MARKET: COMPETITIVE LEADERSHIP MAPPING, 2019
10.3 COMPETITIVE BENCHMARKING
FIGURE 31 PRODUCT PORTFOLIO ANALYSIS OF TOP PLAYERS IN MEDICAL COATINGS MARKET
10.3.1 BUSINESS STRATEGY EXCELLENCE
FIGURE 32 BUSINESS STRATEGY EXCELLENCE OF TOP PLAYERS IN MEDICAL COATINGS MARKET
10.4 MARKET RANKING OF KEY PLAYERS
10.5 MARKET SHARE ANALYSIS
10.6 COMPETITIVE SITUATION & TRENDS
10.6.1 PARTNERSHIP
TABLE 79 PARTNERSHIP (2016–2020)
10.6.2 NEW PRODUCT DEVELOPMENT
TABLE 80 NEW PRODUCT DEVELOPMENT (2016–2020)
10.6.3 MERGER & ACQUISITION
TABLE 81 MERGER & AQUISITION (2016–2020)
10.6.4 AGREEMENT & COLLABORATION
TABLE 82 AGREEMENT & COLLABORATION (2016–2020)
10.6.5 INVESTMENT & EXPANSION
TABLE 83 INVESTMENT & EXPANSION (2016–2020)
11 COMPANY PROFILES
(Business Overview, Products Offered, Recent Developments, SWOT Analysis, MnM View)*
11.1 HYDROMER
FIGURE 33 HYDROMER: COMPANY SNAPSHOT
FIGURE 34 HYDROMER: SWOT ANALYSIS
11.2 DSM
FIGURE 35 DSM: COMPANY SNAPSHOT
TABLE 84 WALLET SHARE OF END-USE MARKET FOR DSM
FIGURE 36 DSM: SWOT ANALYSIS
11.3 SURMODICS
FIGURE 37 SURMODICS: COMPANY SNAPSHOT
FIGURE 38 SURMODICS: SWOT ANALYSIS
11.4 BIOCOAT
FIGURE 39 BIOCOAT INC.: SWOT ANALYSIS
11.5 AST PRODUCTS INC.
11.6 COVALON TECHNOLOGIES LTD.
11.7 FREUDENBERG MEDICAL
11.8 MERIT MEDICAL OEM
11.9 HARLAND MEDICAL SYSTEMS INC.
11.10 APPLIED MEDICAL COATINGS
11.11 OTHERS
11.11.1 APPLIED MEMBRANE TECHNOLOGIES
11.11.2 A&A COATINGS
11.11.3 CALICO COATINGS
11.11.4 COATINGS2GO
11.11.5 CURTISS WRIGHT CORPORATION
11.11.6 ENCAPSON
11.11.7 ENDURA COATINGS
11.11.8 HTI TECHNOLOGIES
11.11.9 MATERION CORPORATION
11.11.10 MEDICOAT
11.11.11 MILLER-STEPHENSON
11.11.12 PRECISION COATING TECHNOLOGY & MANUFACTURING
11.11.13 SPECIALTY COATINGS SYSTEMS
11.11.14 SURFACE TECHNOLOGY
11.11.15 WHITFORD
*Details on Business Overview, Products Offered, Recent Developments, SWOT Analysis, MnM View might not be captured in case of unlisted companies.
12 ADJACENT/RELATED MARKETS
12.1 INTRODUCTION
12.2 LIMITATION
12.3 PAINTS & COATINGS ECOSYSTEM AND INTERCONNECTED MARKET
12.4 CATHETERS
12.4.1 MARKET DEFINITION
12.4.2 MARKET OVERVIEW
12.4.3 CATHETERS MARKET, BY RESIN TYPE
TABLE 85 CATHETERS MARKET, BY TYPE, 2018–2025 (USD MILLION)
12.4.3.1 Cardiovascular Catheters
TABLE 86 CARDIOVASCULAR CATHETERS MARKET, BY TYPE, 2018–2025 (USD MILLION)
12.4.3.1.1 Electrophysiology Catheters
12.4.3.1.1.1 Electrophysiology catheters dominate the cardiovascular catheters market
12.4.3.1.2 Angiography Catheters
12.4.3.1.2.1 Benefits of angiography have supported the demand for related catheters
12.4.3.1.3 Balloon Catheters
12.4.3.1.3.1 Demand for balloon catheters is expected to inflate in the APAC
12.4.3.1.4 IVUS/OCT Catheters
12.4.3.1.4.1 Penetration of market products is higher in Japan as compared to the US and Europe
12.4.3.1.5 Guiding Catheters
12.4.3.1.5.1 Rising number of interventional and angiography procedures will drive market growth
12.4.3.2 Intravenous Catheters
TABLE 87 INTRAVENOUS CATHETERS MARKET, BY TYPE, 2018–2025 (USD MILLION)
12.4.3.2.1 Central Venous Catheters
TABLE 88 CENTRAL VENOUS CATHETERS MARKET, BY TYPE, 2018–2025 (USD MILLION)
12.4.3.2.2 Peripherally Inserted Central Catheters
12.4.3.2.2.1 PICCs dominate the central venous catheters market
12.4.3.2.3 Non-tunneled central catheters
12.4.3.2.3.1 Non-tunneled catheters are mainly used for short-term access
12.4.3.2.4 Skin-tunneled Central Catheters
12.4.3.2.4.1 Skin-tunneled catheters are used for long-term access and feature a low infection risk
12.4.3.2.5 Implantable Ports
12.4.3.2.5.1 High convenience and minimized risk of infection has supported the adoption of implantable ports
12.4.3.2.6 Peripheral Catheters
12.4.3.2.6.1 Large usage of these devices is the key driver of market growth
12.4.3.2.7 Midline Peripheral Catheters
12.4.3.2.7.1 The use of midline peripheral catheters has declined in recent years
12.4.3.3 Urological Catheters
TABLE 89 UROLOGICAL CATHETERS MARKET, BY TYPE, 2018–2025 (USD MILLION)
12.4.3.3.1 Urinary Catheters
TABLE 90 URINARY CATHETERS MARKET, BY TYPE, 2018–2025 (USD MILLION)
TABLE 91 URINARY CATHETERS MARKET, BY TYPE, 2018–2025 (MILLION UNITS)
12.4.3.3.2 Indwelling/Foley Catheters
12.4.3.3.2.1 Indwelling/Foley catheters dominate the urinary catheters market
12.4.3.3.3 Intermittent Catheters
12.4.3.3.3.1 Intermittent catheters will grow at the highest CAGR during the forecast period
12.4.3.3.4 External Catheters
12.4.3.3.4.1 Minimized risk of damage to the urethra and infections drive the market for external catheters
12.4.3.4 Dialysis Catheters
TABLE 92 DIALYSIS CATHETERS MARKET, BY TYPE, 2018–2025 (USD MILLION)
12.4.3.4.1 Peritoneal Dialysis Catheters
12.4.3.4.1.1 Development of new approaches for PD catheter placement is driving their adoption
12.4.3.4.2 Hemodialysis Catheters
12.4.3.4.2.1 Hemodialysis catheters can be used for the long-term if fistulas and grafts are unsuccessful
12.4.3.5 Specialty Catheters
TABLE 93 SPECIALTY CATHETERS MARKET, BY TYPE, 2018–2025 (USD MILLION)
12.4.3.5.1 Pressure & Hemodynamic Monitoring Catheters
12.4.3.5.1.1 Benefits such as continuous monitoring capabilities and a wide range of applications are driving segmental growth
12.4.3.5.2 Temperature Monitoring Catheters
12.4.3.5.2.1 Accuracy and need for vital sign monitoring have driven demand for temperature monitoring catheters
12.4.3.5.3 Intrauterine Insemination Catheters
12.4.3.5.3.1 IUI catheters are commonly used in infertility cases and for sonohysterography
12.4.3.5.4 Other Specialty Catheters
12.4.3.6 Neurovascular Catheters
12.4.3.6.1 Rising incidence of neurological disorders is driving the market for neurovascular catheters
12.4.4 CATHETERS MARKET, BY END USER
TABLE 94 CATHETERS MARKET, BY END USER, 2018–2025 (USD MILLION)
12.4.4.1 Hospitals
12.4.4.1.1 High patient inflow and procedural volumes make hospitals the largest end users of catheters
12.4.4.2 Long-term care facilities
12.4.4.2.1 Growing demand for long-term care supports the growth of this end-user segment
12.4.4.3 Diagnostic Imaging centers
12.4.4.3.1 Efficiency, convenience, and affordability of imaging centers drive the growth of this end-user segment
12.4.4.4 Other end users
12.4.5 CATHETERS MARKET, BY REGION
TABLE 95 CATHETERS MARKET, BY REGION, 2018–2025 (USD MILLION)
12.4.5.1 North America
12.4.5.2 Europe
12.4.5.3 APAC
12.4.5.4 ROW
12.5 ACTIVE IMPLANTABLE MEDICAL DEVICE MARKET
12.5.1 MARKET DEFINITION
12.5.2 MARKET OVERVIEW
12.5.3 ACTIVE IMPLANTABLE MEDICAL DEVICE MARKET, BY PRODUCT TYPE
TABLE 96 GLOBAL ACTIVE IMPLANTABLE MEDICAL DEVICES MARKET SIZE, BY PRODUCT, 2015–2022 (USD MILLION)
12.5.3.1 Implantable cardioverter defibrillators
TABLE 97 GLOBAL IMPLANTABLE CARDIOVERTER DEFIBRILLATORS MARKET SIZE, BY PRODUCT TYPE, 2015–2022 (USD MILLION)
12.5.3.1.1 Transvenous Implantable Cardioverter Defibrillators
TABLE 98 GLOBAL TRANSVENOUS IMPLANTABLE CARDIOVERTER DEFIBRILLATORS MARKET SIZE, BY PRODUCT TYPE, 2015-2022 (USD MILLION)
12.5.3.1.1.1 Biventricular Implantable Cardioverter Defibrillators (ICDs)/Cardiac Resynchronization Therapy Defibrillators (CRT-Ds)
12.5.3.1.1.2 Dual-Chamber Implantable Cardioverter Defibrillators
12.5.3.1.1.3 Single-Chamber Implantable Cardioverter Defibrillators
12.5.3.1.2 Subcutaneous Implantable Cardioverter Defibrillators
12.5.3.2 Implantable cardiac pacemakers
12.5.3.3 Ventricular assist devices
12.5.3.4 Implantable heart monitors/Insertable loop recorders
12.5.3.5 Neurostimulators
TABLE 99 NEUROSTIMULATORS MARKET SIZE, BY PRODUCT TYPE, 2015-2022 (USD MILLION)
12.5.3.5.1 Spinal cord stimulators
12.5.3.5.2 Deep brain stimulators
12.5.3.5.3 Sacral nerve stimulators
12.5.3.5.4 Vagus nerve stimulators
12.5.3.5.5 Gastric electrical stimulators
12.5.3.5.6 Implantable hearing devices
TABLE 100 IMPLANTABLE HEARING DEVICES MARKET SIZE, BY PRODUCT TYPE, 2015-2022 (USD MILLION)
12.5.3.5.6.1 Active hearing Implants
12.5.3.5.6.2 Passive hearing implants
12.5.4 ACTIVE IMPLANTABLE MEDICAL DEVICE MARKET, BY REGION
TABLE 101 GLOBAL ACTIVE IMPLANTABLE MEDICAL DEVICES MARKET SIZE, BY REGION, 2015–2022 (USD MILLION)
12.5.4.1 NORTH AMERICA
12.5.4.2 EUROPE
12.5.4.3 ASIA-PACIFIC
12.5.4.4 LATIN AMERICA
12.5.4.5 MIDDLE EAST AND AFRICA
13 APPENDIX
13.1 DISCUSSION GUIDE
13.2 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
13.3 AVAILABLE CUSTOMIZATIONS
13.4 RELATED REPORTS
13.5 AUTHOR DETAILS
The report “Medical Coatings Market by Type (Hydrophilic and Hydrophobic Coatings), Application (Medical Devices, Implants, Medical Equipment & Tools and Others) and Geography - Regional Trends & Forecast to 2019” defines and segments the medical coatings market with an analysis and forecast of value by type, such as hydrophilic and hydrophobic. Along with this, the value and volumes of medical coatings by application and region are also discussed in the report.
Medial Coating Market report estimates the market size of medical coatings in terms of value and volume, regionally and in end-user markets. The report provides a comprehensive review of the important drivers, challenges, and key issues in the market.
Some the Prominent players in the global "Medial Coating Market" are:
- DSM Biomedical (Netherlands),
- Hydromer Inc. (U.S.)
- SurModics Inc. (U.S.)
- Biocoat Inc. (U.S.)
- AST Products Inc. (U.S.)
- Specialty Coatings Systems Inc. (U.S.) Etc..
The report also identifies the driving and restraining factors for medical coatings market with an analysis of drivers, restraints, opportunities, and strengths. The market is segmented and the value has been forecasted on the basis of important regions, such as Asia-Pacific, North America, Europe, and Rest of the World (RoW). Further, the market is segmented and the demand and value are forecasted on the basis of various key applications of medical coatings, such as medical devices, implants, medical equipments & tools, and other applications.
Aging population-key market for medical coatings
The medical coatings market is segmented into two types: hydrophilic and hydrophobic coatings. These types have application specific demands that are differentiated by cost, and efficiency. These coatings may be used in combinations on medical products as required or individually.
Medical coatings market value to reach $13.23 Billion by 2019
The market for medical coatings, in terms of value, is projected to reach $13.23 Billion by 2019, witnessing a CAGR of 6.50% between 2014 and 2019. In terms of value, North America dominated the medical coatings market in 2013 and is expected to register a steady CAGR by 2019. High medical products manufacturing in the North American region leads to high consumption of medical coatings in the region.
North America and Europe together are expected to account for around 70% of the medical coatings market, in terms of value, by 2019.
