Medical Device Coating Market Will Grow With CAGR Of 2.74% | Top Key Players: Hydromer, Materion, Surmodics, Sono-Tek, Abbott Laboratories

The Medical Device Coating Market 2021 Report (133 Pages) provides the current market size, forecasts for the next five years, opportunities, key drivers and constraints, industry trends, new product approvals/launches, price analysis, and a competitive landscape. Medical Device Coating Market Reports also provide market segment insights and Covid-19 impact.

The global Medical Device Coating market was valued at 7057.31 Million USD in 2020 and will grow with a CAGR of 2.74% from 2020 to 2027, based on a newly published report.

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Key Players: Hydromer, Materion, Surmodics, Sono-Tek, Abbott Laboratories, Royal DSM, Specialty Coating Systems, Parlex Corp, Kane Biotech, Precision Coating, N8 Medical, Biocoat, AST Products, TheraSyn Pharmaceuticals

Short Details of Medical Device Coating Market Report

Medical Device Coating is perhaps as important to the success of a medical procedure as the type of equipment used to perform the operation. When a medical device is not working properly or causes harm to the patient’s body in some way, a more severe risk to the health and, hopefully, survival can be present. The coatings that are used to protect the patient’s body from potential harm or to mitigate potential health hazards are, thus, just as important as the design of this medical device itself. Without good protective coatings, serious problems can result; serious issues that could compromise a person’s life, future health, or even the security of one’s family.

Market Dynamics

The high prevalence of hospital-acquired infections and infections caused due to use of catheters is expected to propel the growth of the global medical device coating market. For instance, according to the United States Centers for Disease Control (CDC), it is estimated that hospital-acquired infections account for about 1.7 million infections, among which 99,000 associated deaths each year in the U.S. Moreover, the launch of new products is also expected to propel the growth of the market over the forecast period. For instance, in November 2019, MilliporeSigma launched its Partick COAT excipient, a new functional material designed for immediate release film coating applications.

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By Types:

• Dry Lubricants Coating
• Adhesive Coating
• Super-Hydrophilic Coating

By Applications:

• Implants Medical Device
• Non-Implants Medical Device

Region-Wise Classification of the Medical Device Coating Market:

• The Middle East and Africa (Turkey, GCC Countries, Egypt, South Africa)
• North America (United States, Mexico, and Canada)
• South America (Brazil etc.)
• Europe (Germany, Russia, UK, Italy, France, etc.)
• Asia-Pacific (Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia)

Key Indicators Analysed

Analysis of Market Players and Competitors: The report provides a thorough analysis of the market’s competitive landscape and detailed information, along with company profile, product specifications, capacity/sales, revenue, price, total profit 2016-2027 & Covers key players in the industry, including sales. Comprehensive details of vendors and key market vendors’ growth-challenging factors.

Global and Regional Market Analysis: The report includes global and regional market conditions and outlook for 2016-2027. In addition, the report provides details of the breakdown for each region and country covered in the report. Identify its sales, volume, and revenue forecasts. Detailed analysis by type and application.

Market Trends: Key market trends include intensifying competition and ongoing innovation.

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