Coatings for Medical Devices: Market Research Report

March 2018 | 227 pages | ID: C9C8D4EA03CEN
Global Industry Analysts, Inc

Abstracts

This report analyzes the worldwide markets for Coatings for Medical Devices in US$.

The report provides separate comprehensive analytics for the US, Canada, Japan, Europe, Asia-Pacific, Latin America, and Rest of World. Annual estimates and forecasts are provided for the period 2016 through 2024.

Also, a five-year historic analysis is provided for these markets. Market data and analytics are derived from primary and secondary research.

Company profiles are primarily based on public domain information including company URLs. The report profiles 61 companies including many key and niche players such as -

• AdvanSource Biomaterials Corp.
• AeonClad Coatings, LLC
• Allvivo Vascular, Inc.
• Armoloy of Connecticut, Inc.
• AST Products, Inc.
• Biocoat, Inc.

Contents

I. INTRODUCTION, METHODOLOGY & PRODUCT DEFINITIONS

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

Coatings – Indispensable in Medical Devices
Current and Future Analysis
US Leads Medical Devices Market, Dominates Medical Device Coatings Sales
Developing Economies Turbo Charge Market Growth
Market for Bioactive Coating Devices- An Insight
Healthcare Economics and its Impact on Medical Device Spending
Impact of Stringent Regulations
Active Coatings – Improving Hemocompatibility of Devices
Major Applications of Hemocompatible Coatings
Select Hemocompatible Devices/Coating Technologies

2. MARKET TRENDS AND ISSUES

Sustained Demand for Medical Devices Augurs Well for Market Growth
Increasing Adoption of Medical Implants Fuels Demand

Table 1. Select Musculoskeletal Conditions - Percentage Breakdown by Age Group (includes corresponding Graph/Chart)

Orthopedic Implant Coatings

Table 2. Global Knee and Hip Implants Market (2017E): Percentage Share Breakdown of Revenues by Category(includes corresponding Graph/Chart)

Therapeutic Coatings for Implants
Drug-Eluting Stents: A Key Application Area
Biodegradable DES Coatings
Aging Population: An Indirect Growth Driver

Table 3. Percentage Growth of 65+ Population in North America, Europe, Asia, and Latin America (includes corresponding Graph/Chart)

Table 4. Global Population Statistics for the 65+ Age Group (2016) (includes corresponding Graph/Chart)

Table 5. Comparison of Aging Population by Country (1980, 2015 & 2050): Percentage Share of Population Aged Above-65 Years of the Overall Population for Select Countries (includes corresponding Graph/Chart)

Table 6. Life Expectancy for Select Countries in Number of Years: 2016 (includes corresponding Graph/Chart)

Focus on Reducing Hospital Stays Lends Traction
Rising Incidence of Hospital Acquired Infections Boost Demand
Growing Awareness of Minimally Invasive Surgeries Spurs Adoption
Awareness Programs: Key to Success
Collaboration between Medical Device Producers and Coating Providers – A Critical Factor
Anti-Microbial Coatings Gain Preference Over Antibiotics
Bacterial Growth & Contamination: An Ever Present Issue
Innovation – Key to Market Growth
Rising Demand for Anti-Microbial Coated Catheters
The Criticality of Choice of Anti-Microbial Ingredients
Silver-based Microbial Coatings Witness Strong Usage
Novel Coatings on the Anvil Set to Transform the Area of Orthopedic Implant Coatings
Growing Usage of Hydrophilic Surface Coatings Spurs Demand
Graphene Coatings – A High Potential Product
PTFE Regains Lost Glory as A Preferred Coating for Medical Devices
Parylene Coatings in Medical Devices – The Present State and Future Prospects
Nanocoatings Poised to Make Rapid Gains
Nanotechnology Potential in Coatings: Yet to be Fully Explored
Nanotechnology Coatings in Medical Devices – Present and Emerging Applications
Multi-Functional Coatings: A One-for-All Approach against Device-Induced Infection
Aqueous-based Coatings Win Over Solvent-Based Coatings
Smart Coatings Still in Nascent Stages
Titanium Coatings in Structural Implants: Improving Strength & Reducing Friction
Impact of Ceramic Materials on Medical Device Coatings Market
Patents on Coatings Enhance Value of Medical Devices
Innovations: Inspiring Development of Novel Coatings
Researchers Develop Light-Activated Antimicrobial Material to Control Hospital Acquired Infections
Anti-fouling Coating for Endoscopes Promises Clear View for Operating Surgeons
Naturally Occurring Biomaterials as Coating for Preventing Bacterial Growth
New Fungi-Killing Coating for Rubber Surfaces Shows Promise
New Slippery Antimicrobial Coating Prevents Bacterial Biofilm Formation
TLP – A New Surface Coating from Harvard for Repelling Bacteria and Preventing Clots
microRESIST Antimicrobial Parylene from SCS Expands Utility of Parylene
Multi-Layer Surface Coat Promises Protection against Multiple Infection Causing Agents
Clot-busting As A Means to Combat HAIs – New Research Finding
New Coating Helps Host Cells Win the 'Race-for-Surface' Battle against Bacteria
Quick-Med Technologies Secures NSF Grant for Developing Antimicrobial Coatings
Novel Nanocomposite Coatings
Coated Devices to Aid in Preventing Device Rejection by Immune System

3. PRODUCT OVERVIEW

4. PRODUCT INNOVATIONS/INTRODUCTIONS

Covalon Technologies Unveils Centaur Low Particulate Lubricious Coating
Specialty Coating Systems to Launch PrecisionCoat BT
Trelleborg Displays Range of Coated Fabrics for Medical Applications
Hydromer Launches New Ultra-Hydrophilic Coatings for Medical Devices
Encapson to Launch Sono-Coat for Ultrasound-guided Needles and Catheters
Biotectix Introduces Amplicoat Electro-conductive Polymer Coating

5. RECENT INDUSTRY ACTIVITY

AdvanSource Biomaterials Inks alliance with Medibrane
CVD Equipment to Expand Corrosion Resistant Coating Services
Encapson Raises Series B Financing to Support Sono- Coat Introduction
CVD Equipment Purchases Assets of Tantaline
Hydromer Inks Two Separate Medical Coating Services Agreements
DSM Biomedical Recalls Roadrunner UniGlide Hydrophilic Wire Guides
Whitford Obtains ISO 13485 Certification for Medical Coatings Facility
DSM Biomedical and Vention Medical Team Up for Coating Services
KISCO Acquires Specialty Coating Systems
Precision Coating Takes Over Boyd Coatings Research
Orchid Inks Deal to Acquire Chinese Assets of Cam Bioceramics
AdvanSource Biomaterials Inks Multi-Year Supply Deal with a Leading Imaging Technology Provider
Orchid Takes Over Alhenia
Freudenberg Medical Acquires Hemoteq
Tyber Medical Secures License for BioTy Coating
Whitford Establishes New Medical Coatings Group
Boyd Coatings Announces Capability to Coat PTFE on Nitinol Medical Devices

6. FOCUS ON SELECT PLAYERS

AdvanSource Biomaterials Corp. (USA)
AeonClad Coatings, LLC (USA)
Allvivo Vascular, Inc. (USA)
Armoloy of Connecticut, Inc. (USA)
AST Products, Inc. (USA)
Biocoat, Inc. (USA)
Carmeda AB (Sweden)
Covalon Technologies Ltd. (Canada)
Hemoteq AG (Germany)
Hydromer, Inc. (USA)
Materion Corporation (USA)
N2 Biomedical (USA)
N8 Medical, Inc. (USA)
Precision Coating Co., Inc. (USA)
Royal DSM (The Netherlands)
Specialty Coating Systems, Inc. (USA)
SurModics, Inc. (USA)

7. GLOBAL MARKET PERSPECTIVE

Table 7. World Recent Past, Current and Future Analysis for Medical Device Coatings by Geographic Region - US, Canada, Japan, Europe, Asia-Pacific (excluding Japan), Latin America and Rest of World Markets Independently Analyzed with Annual Sales Figures in US$ Million for Years 2016 through 2024 (includes corresponding Graph/Chart)

Table 8. World Historic Review for Medical Device Coatings by Geographic Region - US, Canada, Japan, Europe, Asia-Pacific (excluding Japan), Latin America and Rest of World Markets Independently Analyzed with Annual Sales Figures in US$ Million for Years 2011 through 2015 (includes corresponding Graph/Chart)

Table 9. World 14-Year Perspective for Medical Device Coatings by Geographic Region - Percentage Breakdown of Dollar Sales for US, Canada, Japan, Europe, Asia-Pacific (excluding Japan), Latin America and Rest of World Markets for Years 2011, 2017 & 2024 (includes corresponding Graph/Chart)

III. MARKET

1. THE UNITED STATES

A. Market Analysis
Current and Future Analysis
Medical Devices Market: An Overview
Impact of Medical Device Excise Tax
Aging Population & Rise in Implant Procedures Augur Well for Coatings Market

Table 10. North American Elderly Population by Age Group: 1975-2050 (includes corresponding Graph/Chart)

Table 11. Breakdown of US Population by Age Group (2016) (In Million) (includes corresponding Graph/Chart)

Increasing Incidence of Arthritis Aids Growth in Implant Procedures

Table 12. % of Population Diagnosed with Arthritis by Age Group (includes corresponding Graph/Chart)

Table 13. Primary Hip and Knee Replacement Procedures in the US - Percentage Breakdown by Age Group (includes corresponding Graph/Chart)

Table 14. Knee Replacements in the US (2010-2013): Number of Procedures (in ‘000s) (includes corresponding Graph/Chart)

Table 15. Hip Replacements in the US (2010-2013): Number of Procedures (in ‘000s) (includes corresponding Graph/Chart)

Rising Osteoporosis Cases: Increased Demand for Implants

Table 16. Osteoporosis Population in the US: 2002, 2005, 2008 & 2012 (includes corresponding Graph/Chart)

Table 17. Breakdown of Osteoporotic Fractures by Site in the US (includes corresponding Graph/Chart)

Hospital-Acquired Infections – A Serious Concern in the US
Medicare Curtails Reimbursement for HAIs
Reimbursement Cuts Prompt Manufacturers to Focus on Antimicrobial Products
Rising Demand for Dialysis Catheters with Antimicrobial Coatings
Growth Opportunities in Medical Device Nanocoatings Market
Product Innovations/Introductions
Strategic Corporate Developments
Key Players
B. Market Analytics

Table 18. US Recent Past, Current and Future Analysis for Medical Device Coatings Market - Analyzed with Annual Sales Figures in US$ Million for Years 2016 through 2024 (includes corresponding Graph/Chart)

Table 19. US Historic Review for Medical Device Coatings Market - Analyzed with Annual Sales Figures in US$ Million for Years 2011 through 2015 (includes corresponding Graph/Chart)

2. CANADA

A. Market Analysis
Current and Future Analysis
Aging Population, Arthritis Fuel Demand for Knee Implants

Table 20. Percentage Distribution of Canadian Population by Age Group: 2016(includes corresponding Graph/Chart)

Table 21. Hip and Knee Replacement Related Hospitalizations and Surgeries in Canada (2009-2010 to 2014-2015) (includes corresponding Graph/Chart)

Product Introduction
Covalon Technologies Ltd. – A Canadian Coatings Company
B. Market Analytics

Table 22. Canadian Recent Past, Current and Future Analysis for Medical Device Coatings Market - Analyzed with Annual Sales Figures in US$ Million for Years 2016 through 2024 (includes corresponding Graph/Chart)

Table 23. Canadian Historic Review for Medical Device Coatings Market - Analyzed with Annual Sales Figures in US$ Million for Years 2011 through 2015 (includes corresponding Graph/Chart)

3. JAPAN

A. Market Analysis
Current and Future Analysis
Medical Device Market: An Insight
B. Market Analytics

Table 24. Japanese Recent Past, Current and Future Analysis for Medical Device Coatings Market - Analyzed with Annual Sales Figures in US$ Million for Years 2016 through 2024 (includes corresponding Graph/Chart)

Table 25. Japanese Historic Review for Medical Device Coatings Market - Analyzed with Annual Sales Figures in US$ Million for Years 2011 through 2015 (includes corresponding Graph/Chart)

4. EUROPE

A. Market Analysis
Current and Future Analysis
Medical Devices Market: A Brief Overview
Aging Population: An Influencing Factor

Table 26. Population Breakup by Age Group for EU-28 Countries: 2016 (as a Percentage of Total Population) (includes corresponding Graph/Chart)

B. Market Analytics

Table 27. European Recent Past, Current and Future Analysis for Medical Device Coatings by Geographic Region - France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets Independently Analyzed with Annual Sales Figures in US$ Million for Years 2016 through 2024 (includes corresponding Graph/Chart)

Table 28. European Historic Review for Medical Device Coatings by Geographic Region - France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets Independently Analyzed with Annual Sales Figures in US$ Million for Years 2011 through 2015 (includes corresponding Graph/Chart)

Table 29. European 14-Year Perspective for Medical Device Coatings by Geographic Region - Percentage Breakdown of Dollar Sales for France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets for Years 2011, 2017 & 2024 (includes corresponding Graph/Chart)

4A. FRANCE

Market Analysis

Table 30. French Recent Past, Current and Future Analysis for Medical Device Coatings Market - Analyzed with Annual Sales Figures in US$ Million for Years 2016 through 2024 (includes corresponding Graph/Chart)

Table 31. French Historic Review for Medical Device Coatings Market - Analyzed with Annual Sales Figures in US$ Million for Years 2011 through 2015 (includes corresponding Graph/Chart)

4B. GERMANY

A. Market Analysis
Current and Future Analysis
Healthcare Market: An Overview
Strategic Corporate Development
Hemoteq Ag – A Key Player
B. Market Analytics

Table 32. German Recent Past, Current and Future Analysis for Medical Device Coatings Market - Analyzed with Annual Sales Figures in US$ Million for Years 2016 through 2024 (includes corresponding Graph/Chart)

Table 33. German Historic Review for Medical Device Coatings Market - Analyzed with Annual Sales Figures in US$ Million for Years 2011 through 2015 (includes corresponding Graph/Chart)

4C. ITALY

Market Analysis

Table 34. Italian Recent Past, Current and Future Analysis for Medical Device Coatings Market - Analyzed with Annual Sales Figures in US$ Million for Years 2016 through 2024 (includes corresponding Graph/Chart)

Table 35. Italian Historic Review for Medical Device Coatings Market - Analyzed with Annual Sales Figures in US$ Million for Years 2011 through 2015 (includes corresponding Graph/Chart)

4D. THE UNITED KINGDOM

A. Market Analysis
Current and Future Analysis
Healthcare Market: An Insight
B. Market Analytics

Table 36. UK Recent Past, Current and Future Analysis for Medical Device Coatings Market - Analyzed with Annual Sales Figures in US$ Million for Years 2016 through 2024 (includes corresponding Graph/Chart)

Table 37. UK Historic Review for Medical Device Coatings Market - Analyzed with Annual Sales Figures in US$ Million for Years 2011 through 2015 (includes corresponding Graph/Chart)

4E. SPAIN

Market Analysis

Table 38. Spanish Recent Past, Current and Future Analysis for Medical Device Coatings Market - Analyzed with Annual Sales Figures in US$ Million for Years 2016 through 2024 (includes corresponding Graph/Chart)

Table 39. Spanish Historic Review for Medical Device Coatings Market - Analyzed with Annual Sales Figures in US$ Million for Years 2011 through 2015 (includes corresponding Graph/Chart)

4F. RUSSIA

Market Analysis

Table 40. Russian Recent Past, Current and Future Analysis for Medical Device Coatings Market - Analyzed with Annual Sales Figures in US$ Million for Years 2016 through 2024 (includes corresponding Graph/Chart)

Table 41. Russian Historic Review for Medical Device Coatings Market - Analyzed with Annual Sales Figures in US$ Million for Years 2011 through 2015 (includes corresponding Graph/Chart)

4G. REST OF EUROPE

A. Market Analysis
Current and Future Analysis
Product Launches
Strategic Corporate Developments
Select Players
B. Market Analytics

Table 42. Rest of Europe Recent Past, Current and Future Analysis for Medical Device Coatings Market - Analyzed with Annual Sales Figures in US$ Million for Years 2016 through 2024 (includes corresponding Graph/Chart)

Table 43. Rest of Europe Historic Review for Medical Device Coatings Market - Analyzed with Annual Sales Figures in US$ Million for Years 2011 through 2015 (includes corresponding Graph/Chart)

5. ASIA-PACIFIC

A. Market Analysis
Current and Future Analysis
Improving Healthcare Infrastructure Offers Significant Growth Opportunities
B. Market Analytics

Table 44. Asia-Pacific Recent Past, Current and Future Analysis for Medical Device Coatings by Region - China, India and Rest of Asia-Pacific Markets Independently Analyzed with Annual Sales Figures in US$ Million for Years 2016 through 2024 (includes corresponding Graph/Chart)

Table 45. Asia-Pacific Historic Review for Medical Device Coatings by Region - China, India and Rest of Asia-Pacific Markets Independently Analyzed with Annual Sales Figures in US$ Million for Years 2011 through 2015 (includes corresponding Graph/Chart)

Table 46. Asia-Pacific 14-Year Perspective for Medical Device Coatings by Region - Percentage Breakdown of Dollar Sales for China, India and Rest of Asia-Pacific Markets for Years 2011, 2017 & 2024 (includes corresponding Graph/Chart)

5A. CHINA

A. Market Analysis
Current and Future Analysis
Healthcare Market – A Brief Overview

Table 47. Chinese Medical Devices Market (2015): Percentage Breakdown of Share by Category (includes corresponding Graph/Chart)

Strategic Corporate Development
B. Market Analytics

Table 48. Chinese Recent Past, Current and Future Analysis for Medical Device Coatings Market - Analyzed with Annual Sales Figures in US$ Million for Years 2016 through 2024 (includes corresponding Graph/Chart)

Table 49. Chinese Historic Review for Medical Device Coatings Market - Analyzed with Annual Sales Figures in US$ Million for Years 2011 through 2015 (includes corresponding Graph/Chart)

5B. INDIA

A. Market Analysis
Current and Future Analysis
Medical Devices Market – A Brief Overview
B. Market Analytics

Table 50. Indian Recent Past, Current and Future Analysis for Medical Device Coatings Market - Analyzed with Annual Sales Figures in US$ Million for Years 2016 through 2024 (includes corresponding Graph/Chart)

Table 51. Indian Historic Review for Medical Device Coatings Market - Analyzed with Annual Sales Figures in US$ Million for Years 2011 through 2015 (includes corresponding Graph/Chart)

5C. REST OF ASIA-PACIFIC

Market Analysis

Table 52. Rest of Asia-Pacific Recent Past, Current and Future Analysis for Medical Device Coatings Market - Analyzed with Annual Sales Figures in US$ Million for Years 2016 through 2024 (includes corresponding Graph/Chart)

Table 53. Rest of Asia-Pacific Historic Review for Medical Device Coatings Market - Analyzed with Annual Sales Figures in US$ Million for Years 2011 through 2015 (includes corresponding Graph/Chart)

6. LATIN AMERICA

A. Market Analysis
Current and Future Analysis
Medical Devices Market – A Brief Overview
B. Market Analytics

Table 54. Latin American Recent Past, Current and Future Analysis for Medical Device Coatings by Region - Brazil and Rest of Latin America Markets Independently Analyzed with Annual Sales Figures in US$ Million for Years 2016 through 2024 (includes corresponding Graph/Chart)

Table 55. Latin American Historic Review for Medical Device Coatings by Region - Brazil and Rest of Latin America Markets Independently Analyzed with Annual Sales Figures in US$ Million for Years 2011 through 2015 (includes corresponding Graph/Chart)

Table 56. Latin American 14-Year Perspective for Medical Device Coatings by Region - Percentage Breakdown of Dollar Sales for Brazil and Rest of Latin America Markets for Years 2011, 2017 & 2024 (includes corresponding Graph/Chart)

6A. BRAZIL

Market Analysis

Table 57. Brazilian Recent Past, Current and Future Analysis for Medical Device Coatings Market - Analyzed with Annual Sales Figures in US$ Million for Years 2016 through 2024 (includes corresponding Graph/Chart)

Table 58. Brazilian Historic Review for Medical Device Coatings Market - Analyzed with Annual Sales Figures in US$ Million for Years 2011 through 2015(includes corresponding Graph/Chart)

6B. REST OF LATIN AMERICA

Market Analysis

Table 59. Rest of Latin America Recent Past, Current and Future Analysis for Medical Device Coatings Market - Analyzed with Annual Sales Figures in US$ Million for Years 2016 through 2024 (includes corresponding Graph/Chart)

Table 60. Rest of Latin America Historic Review for Medical Device Coatings Market - Analyzed with Annual Sales Figures in US$ Million for Years 2011 through 2015 (includes corresponding Graph/Chart)

7. REST OF WORLD

A. Market Analysis
Current and Future Analysis
Lack of Significant Domestic Device Manufacture Impacts Size and Growth of African Coatings Market
B. Market Analytics

Table 61. Rest of World Recent Past, Current and Future Analysis for Medical Device Coatings Market - Analyzed with Annual Sales Figures in US$ Million for Years 2016 through 2024 (includes corresponding Graph/Chart)

Table 62. Rest of World Historic Review for Medical Device Coatings Market - Analyzed with Annual Sales Figures in US$ Million for Years 2011 through 2015 (includes corresponding Graph/Chart)

IV. COMPETITIVE LANDSCAPE

Total Companies Profiled: 61 (including Divisions/Subsidiaries - 64)
The United States (44)
Canada (3)
Japan (1)
Europe (15)
  Germany (3)
  The United Kingdom (5)
  Rest of Europe (7)
Asia-Pacific (Excluding Japan) (1)