Medical Coating Market - Industry Size, Share, Growth & Forecast 2027 | UnivDatos

 

The increasing investment by various industry players as they are more focused on developing new measures to contain the spread of various infectious diseases. For instance, in 2019, the United States has a 9% prevalence of diagnosed infectious diseases while Brazil has the highest prevalence at 19%.  According to UnivDatos Market Insights (UMI)’ research report “global medical coating market”, the market is expected to witness growth with a CAGR of 8% during the forecast period 2021-2027F.

Furthermore, As of March 16, 2021, there have been almost 121 million cases of COVID-19 worldwide. The disease has impacted more than 210 countries and territories, with the United States confirming around one-fifth of all global cases. Therefore, it has become imperative to decipher the transmission chain of the virus which in turn will help in controlling the spread of this virus. Owing to these facts and some of the government mandates, many of the industry players are incorporating antimicrobial and antiviral coatings on the surfaces of the PPE kits to meet the stringent regulations pertaining to the health of the doctors and nurses. However, some of the restraints in the market include increasing raw material prices and the low shelf life of coating materials are impeding the growth of this market all over the world.

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Based on material type, the market is categorized into polymers, metals, and others. Among these, the polymers are expected to witness the highest CAGR during the forecast period as they are needed to optimize strength and corrosion resistance while minimizing the coefficient of friction. 

Based on application, the market is categorized into medical devices, medical implants, medical equipment and tools, protective clothing, and others. Among these, the medical devices are expected to witness the highest CAGR during the forecast period. The growth of this segment is mainly due to the rising prevalence of various diseases and the increased usage of different medical devices in emerging economies. 

North America to witness extensive growth

For a better understanding of the market adoption of the medical coating market, the market is analyzed based on its worldwide presence in the countries such as North America (United States, Canada, and Rest of North America), Europe (Germany, France, Italy, Spain, United Kingdom, and Rest of Europe), Asia-Pacific (China, Japan, India, Australia, and Rest of APAC), and Rest of World. North America constitutes a major market for the medical coating industry in 2020 owing to the presence of well-established market players and the rising geriatric population in the region.

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According to UnivDatos Market Insights (UMI)’, the key players with a considerable market share in the global medical coating market are Applied Medical Coatings, LLC., Dymax Corporation, Royal DSM, Abbott Laboratories, Biocoat Inc., AeonClad, Bayer Material Science LLC, Boston Scientific Corporation, Covalon Technologies Ltd.,  Amcor. Several M&A’s along with partnerships have been undertaken by these players to boost their presence in different regions. 

“Global Medical Coating Market” provides comprehensive qualitative and quantitative insights on the industry potential, key factors impacting sales and purchase decisions, hotspots, and opportunities available for the market players. Moreover, the report also encompasses the key strategic imperatives for success for competitors along with strategic factorial indexing measuring competitor's capabilities on different parameters. This will help companies in the formulation of go-to-market strategies and identifying the blue ocean for its offerings.      

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Market Segmentations:

1.     By Coating Type (Active Coatings and Passive Coatings)

2.     By Material Type (Polymers, Metals, and Others)

3.     By Application (Medical Devices, Medical implants, Medical Equipment and tools, Protective Clothing, and Others)

4.     By Region (North America, Europe, Asia-Pacific, Rest of the World)

5.     By Company (Applied Medical Coatings, LLC., Dymax Corporation, Royal DSM, Abbott Laboratories, Biocoat Inc AeonClad, Bayer Material Science LLC, Boston Scientific Corporation, Covalon Technologies Ltd., Amcor.) 

Key questions answered in the study:

1.     What are the current and future trends of the global medical coating industry?

2.     How the industry has been evolving in terms of coating type, material type, and application?

3.     How the competition has been shaping across the countries followed by their comparative factorial indexing?

4.     What are the key growth drivers and challenges for the global medical coating industry?

5.     What is the customer orientation, purchase behavior, and expectations from the global medical coating suppliers across various region and countries? 

Table of Content –

1.  MARKET INTRODUCTION

2.  RESEARCH METHODOLOGY OR ASSUMPTION

3.  MARKET SYNOPSIS

4.  EXECUTIVE SUMMARY

5.  GLOBAL MEDICAL COATING MARKET COVID-19 IMPACT

6.  GLOBAL MEDICAL COATING MARKET REVENUE, 2019-2027F

7.  MARKET INSIGHTS BY COATING TYPE

8.  MARKET INSIGHTS BY MATERIAL TYPE

9.  MARKET INSIGHTS BY APPLICATION

10. MARKET INSIGHTS BY REGION

11. MEDICAL COATING MARKET DYNAMICS

12. MEDICAL COATING MARKET OPPORTUNITIES

13. MEDICAL COATING MARKET TRENDS

14. LEGAL & REGULATORY FRAMEWORK

15. DEMAND AND SUPPLY SIDE ANALYSIS

16. VALUE CHAIN ANALYSIS

17. COMPETITIVE SCENARIO

18. COMPANY PROFILED

19. DISCLAIMER

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