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Global Coatings Market for Medical Devices Industry 2017-2021

Global Coatings Market for Medical Devices Industry 2017-2021

About Coatings for Medical Devices Industry

Medical devices are used during surgeries and as medical implants. Medical implants are used to replace a damaged, missing, or infected biological structures. Coatings are applied on medical devices to overcome challenges such as corrosion and bacterial and fungal growth. Coatings are made of materials such as polymers, metals, and ceramics. The most common processes that are being used for coating medical devices are dip coating, spray coating, reel-to-reel coating, robotic coating, brush coating, and spin coating.

Technavio’s analysts forecast the global coatings market for medical devices industry to grow at a CAGR of 8.04% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global coatings market for medical devices industry for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • Europe
  • ROW
Technavio's report, Global Coatings Market for Medical Devices Industry 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Covestro
  • Materion
  • Royal DSM
  • Sono-Tek
  • Surmodics
Other prominent vendors
  • AST Products
  • Biocoat
  • Covalon Technologies
  • Freudenberg Medical
  • Harland Medical Systems
  • Hemoteq
  • Hydromer
  • Merit Medical Systems
  • N2 Biomedical
  • Precision Coating Company
  • Specialty Coating Systems
Market driver
  • Growing demand for cardiovascular and orthopedic implants
  • For a full, detailed list, view our report
Market challenge
  • High cost of surgical procedures involving medical devices
  • For a full, detailed list, view our report
Market trend
  • Growing medical device industry
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?


Press Release

Technavio Announces the Publication of its Research Report – Global Coatings Market for Medical Devices Industry 2017-2021

Technavio recognizes the following companies as the key players in the global coatings market for medical devices industry: Covestro, Materion, Royal DSM, Sono-Tek, and Surmodics.

Other Prominent Vendors in the market are: AST Products, Biocoat, Covalon Technologies, Freudenberg Medical, Harland Medical Systems, Hemoteq, Hydromer, Merit Medical Systems, N2 Biomedical, Precision Coating Company, and Specialty Coating Systems.

Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is growing medical device industry. With the rising demand for medical devices in the healthcare industry, new coatings have been developed for medical devices, which include antimicrobial, drug-eluting, and lubricious coatings.”

According to the report, one driver in the market is growing demand for cardiovascular and orthopedic implants. Medical implants are medical devices or tissues that are placed inside the body permanently or temporarily to replace the damaged or diseased part. Implants can be removed after repair of the bone or tissue. The demand for medical implants is increasing across the globe due to the rise in the number of patients suffering from cardiovascular, orthopedic, spinal cord, and dental diseases. With the increase in the aging population and rising obesity-related problems, the demand for orthopedic and cardiovascular medical devices is rising at a significant rate.

Further, the report states that one challenge in the market is high cost of surgical procedures involving medical devices. More than 80% of the medical devices and coatings market is dominated by the US, Europe, Australia, and Japan, due to the technological advancements in these countries. As they are the major manufacturers of the medical devices, the cost is also decided by them. Developing countries such as China, India, South Africa, Indonesia, and Mexico cannot afford the high cost of surgical procedures and implants using these medical devices.

Companies Mentioned

Covestro, Materion, Royal DSM, Sono-Tek, Surmodics, AST Products, Biocoat, Covalon Technologies, Freudenberg Medical, Harland Medical Systems, Hemoteq, Hydromer, Merit Medical Systems, N2 Biomedical, Precision Coating Company, and Specialty Coating Systems.

  • Executive Summary
  • Scope of the report
  • Research Methodology
  • Introduction
    • Market outline
  • Market landscape
    • Market overview
      • Table Segmentation of global coatings market for medical devices industry 2017-2021
    • Market size and forecast
      • Table Global coatings market for medical devices industry 2016 and 2021 ($ billions)
      • Table Market forecast: Global coatings market for medical devices industry 2016-2021
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by product type
    • Global coatings market for medical devices industry by type
      • Table Global coatings market for medical devices industry by type 2016 (% share by revenue)
      • Table Global coatings market for medical devices industry by type 2021 (% share by revenue)
      • Table Global coatings market for medical devices industry by type 2016 and 2021 ($ billions)
    • Global antimicrobial coatings market for medical devices industry
      • Table Global antimicrobial coatings market for medical devices industry 2016 and 2021 ($ billions)
      • Table Market forecast: Global antimicrobial coatings market for medical devices industry 2016-2021
      • Table Deaths in a year due to HAIs
    • Global drug-eluting coatings market for medical devices industry
      • Table Global drug-eluting coatings market for medical devices industry 2016 and 2021 ($ billions)
      • Table Market forecast: Global drug-eluting coatings market for medical devices industry 2016-2021
    • Global hydrophilic coatings market for medical devices industry
      • Table Global hydrophilic coatings market for medical devices industry 2016 and 2021 ($ billions)
      • Table Market forecast: Global hydrophilic coatings market for medical devices industry 2016-2021
    • Global other coatings market for medical devices industry
      • Table Global other coatings market for medical devices industry 2016 and 2021 ($ billions)
      • Table Market forecast: Global others coating market for medical devices industry 2016-2021
  • Market segmentation by application
    • Global coatings market for medical devices industry by application
      • Table Global coatings market for medical devices industry by application 2016 (% share by revenue)
      • Table Global coatings market for medical devices industry by application 2021 (% share by revenue)
      • Table Global coatings market for medical devices industry by application 2016 and 2021
    • Global coatings market for medical devices industry in general surgery
      • Table Global coatings market for medical devices industry in general surgery 2016 and 2021 ($ billions)
      • Table Market forecast: Global coatings market for medical devices industry in general surgery 2016-2021
    • Global coatings market for medical devices industry in cardiovascular surgery
      • Table Global coatings market for medical devices industry in cardiovascular surgery 2016 and 2021 ($ billions)
      • Table Market forecast: Global coatings market for medical devices industry in cardiovascular surgery 2016-2021
    • Global coatings market for medical devices industry in orthopedics
      • Table Global coatings market for medical devices industry in orthopedics 2016 and 2021 ($ billions)
      • Table Market forecast: Global coatings market for medical devices industry in orthopedics 2016-2021
    • Global coatings market for medical devices industry in dentistry
      • Table Global coatings market for medical devices industry in dentistry 2016 and 2021 ($ billions)
      • Table Market forecast: Global coatings market for medical devices industry in dentistry 2016-2021
    • Global coatings market for medical devices industry in neurology
      • Table Global coatings market for medical devices industry in neurology 2016 and 2021 ($ billions)
      • Table Market forecast: Global coatings market for medical devices industry in neurology 2016-2021
    • Global coatings market for medical devices industry in others
      • Table Global coatings market for medical devices industry in others 2016 and 2021 ($ billions)
      • Table Market forecast: Global coatings market for medical devices industry in others 2016-2021
  • Market Geographical segmentation
    • Global coatings market for medical devices industry by geography
      • Table Global coatings market for medical devices industry by geography 2016 (% share by revenue)
      • Table Global coatings market for medical devices industry by geography 2021 (% share by revenue)
      • Table Global coatings market for medical devices industry by geography 2016 and 2021
    • Coatings market for medical devices industry in Americas
      • Table Coatings market for medical devices industry in Americas 2016 and 2021 ($ billions)
      • Table Market forecast: Coatings market for medical devices industry in Americas 2016-2021
    • Coatings market for medical devices industry in Europe
      • Table Coatings market for medical devices industry in Europe 2016 and 2021 ($ billions)
      • Table Market forecast: Coatings market for medical devices industry in Europe 2016-2021
    • Coatings market for medical devices industry in APAC
      • Table Coatings market for medical devices industry in APAC 2016 and 2021 ($ billions)
      • Table Market forecast: Coatings market for medical devices industry in APAC 2016-2021
    • Coatings market for medical devices industry in ROW
      • Table Coatings market for medical devices industry in ROW 2016 and 2021 ($ billions)
      • Table Market forecast: Coatings market for medical devices industry in ROW 2016-2021
  • Decision Framework
  • Drivers and Challenges
    • Market drivers
    • Market challenges
  • Market trends
    • Growing medical device industry
      • Table Global medical devices market 2016-2020 ($ billions)
    • Technological advancements in medical device industry
    • Increasing medical insurance policies
  • Vendor landscape
    • Competitive Landscape
      • Table Key vendors in global coatings market for medical devices industry 2016
    • Other prominent vendors
  • Key vendor analysis
    • Covestro
      • Table Covestro: Business segmentation by revenue 2016
      • Table Covestro: Geographical segmentation by revenue 2016
    • Materion
      • Table Materion: Business segmentation by revenue 2016
      • Table Materion: Geographical segmentation by revenue 2016
    • Royal DSM
      • Table Royal DSM: Business segmentation by revenue 2016
      • Table Royal DSM: Geographical segmentation by revenue 2016
    • Sono-Tek
      • Table Sono-Tek: Business segmentation 2016
      • Table Sono-Tek: Geographical segmentation by revenue 2016
    • Surmodics
      • Table Surmodics: Business segmentation by revenue 2016
      • Table Surmodics: Geographical segmentation by revenue 2016
  • Appendix
    • List of abbreviations
  • Explore Technavio

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