Medical Coating Market Analysis On Development Factors To 2026

Posted by Rajkumar on March 14th, 2019

Medical devices are susceptible to various kind of microbial infection such as bacterial, viral, and fungal infection resulting into health care-associated infections in patients. Medical coating is considered as a covering applied on the medical devices including implants or any kind of equipment to prevent formation of biofilm or to alter physical properties such as lubrication. The increasing cases of infection occurring through medical devicesn is propelling demand for medical coating for the devices in the market. According to European Centre for Disease Prevention and Control, in 2015, around 8.3% of patients staying in intensive care unit for more than two days were detected with at least one health care-associated infections, which suggests the importance of proper coating for the medical usables. Medical coating has wide applications in orthopaedics, cardiology, neurology, ophthalmology, cosmetic surgery, drug delivery system, and many more. Increasing global population, health issues, and growth in number of healthcare centres are expected to drive growth of the medical coating market over the forecast period.

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Medical Coating Market - Drivers

Increasing Demands for implantable devices and alteration from conventional operational practice to minimally invasive medical procedure act as significant drivers for growth of the medical coating market. Increasing global population with healthcare issues and increasing awareness regarding advancement of medical treatments are propelling demand for implantable devices such as dental implants, orthopaedic implants, neurostimulator device, and breast implants. According to American Association of Orthopaedic Surgeons report, 2014, in U.S. around 4.5 million people are with artificial hip and 6.7 million people with artificial knee in 2010. According to Mayo Foundation for Medical Education and Research, around 370000 Americans receive cardiac pacemakers annually. These data shows only small segment of implantable device and likewise increases use will also increase chances of microbial infection, which can be avoided by using medical coating. This is expected to drive growth of the medical coating market over the forecast period.

Medical Coating Market - Competitors

Key players operating in medical coating market include Freudenberg Medical Europe GmbH, Surmodics Inc., Hydromer Inc., Precision Coatings Co. Inc., AST Products Inc., Abbott Laboratories, Biocoat Inc., Covalon Technologies Ltd., Harland Medical Systems Inc., and Specialty Coating Systems Inc.

Medical Coating Market - Taxonomy

By Coating Types:

• Hydrophobic Surface Coating

• Hydrophilic Surface Coating

By Chemical Used:

• Silicon

• Fluropolymers

• Parylene

By Application:

• Medical Device

• Medical Implants

• Medical Equipments and Tools

• Other Applications

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