Medical Coatings Market Scenario
Medical coatings market is propelled by various factors such as increasing use of minimally invasive surgical procedures, rapid spread of COVID-19 & high risk of HAIs and rising demand for home healthcare. Furthermore, growth in population, income levels, and health awareness is also one of the factor propelling the growth of medical coatings market. However, complications and risk associated with medical coatings is one of the major factor expected to hamper the global growth of the market.
Medical Coatings Market Segmentation
The Medical Coatings market is segmented by Coating Type, Material Type, Application and Geography. The Coating Type studied in the report are Active coatings (Antimicrobial Coatings and Others) and Passive coatings (Hydrophilic Coatings and Hydrophobic Coatings). Furthermore, the Material Type comprises of Polymers (Fluoropolymers, Polyurethanes, Silicone, Parylene and Others), Metals (Silver and Others) and others. Moreover, the Application include Medical Devices, Medical Implants, Medical Equipment & Tools (Surgical Tools and Medical Equipment’s), Protective Clothing and Others. Additionally, the Global Medical Coatings Market is studied for the key regions such as, North America, Europe, Asia Pacific and Rest of the World.
Medical Coatings Market by Geography
Based on geography, the Medical Coatings market is studied across the countries of key regions such as, North America, Europe, Asia Pacific and RoW. Among all the regions, the North America is anticipated to hold the major share of the global Medical Coatings market. Major drivers include favorable healthcare resources, along with the rising frequency of cardio-metabolic disorders, quickly growing COVID- 19 positive cases, increasing adoption of advanced surgical treatments, and growing healthcare infrastructure in the North American region.
Medical Coatings Market Key Players
Some of the major players operating in the global Medical Coatings market includes DSM, Surmodics, Inc., Hydromer, Inc, Biocoat Inc, Specialty Coating Systems Inc., Ast Products Inc., Medicoat Ag, Mctec, Sono-Tek Corp., Precision Coating Co. Inc., Applied Medical Coatings, Freudenberg Medical, Harland Medical Systems, Hangzhou Kangsheng, Materion, Ppg Industries Inc. and Wright Coating Technologies. Many companies in this market are focusing on the research & development of novel nanotechnology-based coatings and various coating technologies, such as UV radiation cured and waterborne, owing to various regulations over VOC emissions.
Medical Coatings Market Report Key Benefits