Medical Coatings Market by Type, Application and Geography - Regional Trends & Forecast to 2019

  • ID: 3093571
  • Report
  • Region: Global
  • 164 Pages
  • Markets and Markets
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The global medical coatings market demand, by value, is estimated to reach around $13.23 billion by 2019.

FEATURED COMPANIES

  • Abbott Laboratories
  • AST Products Inc.
  • Biocoat Inc.
  • Covalon Technologies Ltd.
  • Hydromer Inc.
  • Royal DSM
  • MORE
Medical Coatings Market by Type (Hydrophilic and Hydrophobic coatings), Application (Medical Devices, Implants, Medical Equipment & Tools and Others) and Geography - Regional Trends & Forecast to 2019

The medical coatings market was estimated around $9.1 billion in 2013, with the high share of around 70% held by North America and Europe together. The global medical coatings market by value is projected to grow at a CAGR of 6.5% from 2014 to 2019. The high growth is forecasted to be in the Asia-Pacific due to rise of medical device manufacturing in the region. Europe is estimated to have the second highest growth around 6.37% from 2014 to 2019.

Advancements in medical device designing have led to improvement of existing medical devices as well as introduction of new technologies. These devices are made of metals such as stainless steel, aluminum or ceramic such as bioglass or alumina. Not all these materials are compatible when in contact with tissues and body fluids and can cause complications, for instance, infection and blood clots. Coatings help to remove these difficulties. Some coatings help to make the device biocompatible while others help to prevent microbial infections. It may also be hydrophilic or hydrophobic according to the requirement. Coatings also help to reduce static and kinetic friction between two different surfaces. Based on properties, medical coatings can be broadly classified into hydrophilic and hydrophobic coatings. However, there are other types of coatings such as antimicrobial, protective, optical, lubricious, pharmacological and so. The most commonly used chemistries in coatings are parylene, silicones, and fluoropolymers.

Coatings are widely used on surgical and institutional equipments, medical devices such as cardiovascular, optical, orthopaedic, endoscopic, radiology devices, implants, and even on drug delivery systems.

Coatings are used in a wide variety of medical devices and equipment. Surgical as well as institutional equipments use coatings. Orthopaedic devices, cardiovascular devices, optical devices, endoscopic devices, radiology devices as well as implants use different types of coatings. It can also find use in advanced applications, such as drug delivery and biological interactions. Coatings used for each application needs to be compatible with the substrate on which it is applied and should withstand the sterilization, cleaning, storage and other conditions in which the device might be used. Hence, before establishing a relationship with the coating manufacturer, especially in case of hydrophilic coatings, the client needs to work with the vendor to determine if the coating is appropriate for the specific device.

The medical coatings market is anticipated to show a high growth rate in the coming years. The market is innovation driven and investments are expected for new technology and product development. Besides large medical coating manufacturers, there are many medium and small sized manufacturers who focus significantly on research and development.

Currently, the medical coatings market is mainly concentrated in the North America while Asia-Pacific is expected to show high growth rate in future years. Advancement in medical device market along with growth of the medical care industry, especially in the developing regions, is driving the growth of the global medical coatings market.

DSM Biomedical (The Netherlands) and Hydromer Inc. (U.S.) are the important active players in the medical coatings market. These companies showed the highest strategy adoptions amongst other players in the medical coatings market from 2010 to 2014.
From 2010 to 2014, partnership, agreement, and collaboration was observed as the most important growth strategy adopted by the major medical coatings, accounting for a share of 64% of the total strategies adopted by the players. The other companies SurModics (U.S.), Covalon Technologies (U.S.), and Specialty Coatings Systems (U.S.) also contributed to the market activities in the global medical coatings market during the above mentioned period.

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FEATURED COMPANIES

  • Abbott Laboratories
  • AST Products Inc.
  • Biocoat Inc.
  • Covalon Technologies Ltd.
  • Hydromer Inc.
  • Royal DSM
  • MORE
1 Introduction
1.1 Objectives of the Study
1.2 Study Scope
1.3 Stakeholders

2 Research Methodology
2.1 Secondary Data
2.1.1 Key Data From Secondary Sources
2.2 Primary Data
2.2.1 Key Data From Primary Sources
2.2.2 Key Industry Insights
2.2.3 Breakdown of Primaries
2.3 Market Size Estimation
2.3.1 Bottom-Up Approach
2.3.2 Top-Down Approach
2.4 Market Breakdown & Data Triangulation
2.5 Judgemental Forecasting
2.6 Research Assumptions and Limitations
2.6.1 Assumptions
2.6.2 Limitations

3 Executive Summary

4 Premium Insights

5 Market Overview
5.1 Introduction
5.2 Market Segmentation
5.2.1 By Type
5.2.2 By Application
5.2.3 By Region
5.3 Market Dynamics
5.3.1 Drivers
5.3.1.1 Rise in World Population, Income Level, and Awareness
5.3.1.2 High Growth in the Implantable Device Market
5.3.1.3 Increase in Demand of Single Use Disposable Products
5.3.1.4 Rising Awareness About Hospital Acquired Infections(HAI)
5.3.2 Restraints
5.3.2.1 Rising Costs
5.3.2.2 Low Shelf Life
5.3.3 Opportunities
5.3.3.1 Multifunctional Coatings
5.3.3.2 Growing Healthcare Market in Emerging Regions
5.3.3.3 Advancement in the Medical Device and Equipment Markets
5.3.4 Challenges
5.3.4.1 Stringent and Time Consuming Regulatory Policies
5.3.4.2 Variations in Regulations Across Countries

6 Industry Trends
6.1 Introduction
6.2 Value Chain Analysis
6.3 Porter’s Five Forces Analysis
6.3.1 Bargaining Power of Suppliers
6.3.2 Bargaining Power of Buyers
6.3.3 Threat of Substitutes
6.3.4 Threat of New Entrants
6.3.5 Intensity of Rivalry
6.4 Pest Analysis
6.4.1 Political Factors
6.4.2 Economic Factors
6.4.3 Social Factors
6.4.4 Technological Factors

7 Medical Coatings Market, By Type
7.1 Introduction
7.2 Hydrophilic Coatings
7.3 Hydrophobic Coatings
7.3.1 By Substrates
7.3.1.1 Metals
7.3.1.1.1 Silver
7.3.1.1.2 Titanium
7.3.1.2 Ceramics
7.3.1.3 Polymers
7.3.1.3.1 PTFE
7.3.1.3.2 PVDF
7.3.2 By Chemistry
7.3.2.1 Silicone
7.3.2.2 Parylene

8 Medical Coatings Market, By Application
8.1 Introduction
8.2 Medical Devices
8.3 Implants
8.4 Medical Equipment and Tools
8.5 Others

9 Regional Analysis
9.1 Introduction
9.2 North America
9.2.1 the U.S.
9.2.2 Canada
9.2.3 Mexico
9.3 Europe
9.3.1 Germany
9.3.2 France
9.3.3 the U.K.
9.3.4 Italy
9.3.5 Rest of Eu
9.4 Asia-Pacific
9.4.1 China
9.4.2 India
9.4.3 Japan
9.4.4 Rest of APAC
9.5 ROW
9.5.1 Brazil
9.5.2 Rest of ROW

10 Competitive Landscape
10.1 Overview
10.2 Competitive Situation and Trends
10.2.1 Agreements, Collaboration & Partnerships
10.2.2 Expansions
10.2.3 New Product Launch

11 Company Profiles
11.1 Introduction
11.2 Royal DSM
11.2.1 Business Overview
11.2.2 Products and Services Offered
11.2.3 Key Strategy
11.2.4 Recent Developments
11.2.5 Royal DSM: SWOT Analysis
11.2.6 MNM View
11.3 Hydromer Inc.
11.3.1 Business Overview
11.3.2 Products and Services Offered
11.3.3 Key Strategy
11.3.4 Recent Developments
11.3.5 SWOT Analysis
11.3.6 MNM View
11.4 Surmodics Inc.
11.4.1 Business Overview
11.4.2 Products and Services Offered
11.4.3 Key Strategy
11.4.4 Recent Developments
11.4.5 Surmodics Inc.: SWOT Analysis
11.4.6 MNM View
11.5 AST Products Inc.
11.5.1 Business Overview
11.5.2 Products and Services Offered
11.5.3 Key Strategy
11.5.4 MNM View
11.6 Specialty Coating Systems Inc.
11.6.1 Business Overview
11.6.2 Products Offered
11.6.3 Key Strategy
11.6.4 Recent Developments
11.6.5 SWOT Analysis
11.6.6 MNM View
11.7 Covalon Technologies Ltd.
11.7.1 Business Overview
11.7.2 Products Offered
11.7.3 Key Strategy
11.7.4 Recent Developments
11.7.5 MNM View
11.8 Abbott Laboratories
11.8.1 Business Overview
11.8.2 Products Offered
11.8.3 Key Strategy
11.8.4 Recent Developments
11.8.5 MNM View
11.9 Biocoat Inc.
11.9.1 Business Overview
11.9.2 Products and Services Offered
11.9.3 Key Strategy
11.9.4 Recent Developments
11.9.5 SWOT Analysis
11.9.6 MNM View
11.10 Precision Coatings Co. Inc.
11.10.1 Business Overview
11.10.2 Products and Services Offered
11.10.3 Key Strategy
11.10.4 Recent Developments
11.10.5 MNM View
11.11 Harland Medical Systems Inc.
11.11.1 Business Overview
11.11.2 Products Offered
11.11.3 Key Strategy
11.11.4 MNM View

List of Tables (105 Tables)

Table 1 Aging Population & High Growth of End Industry Segment is Driving the Market
Table 2 Rising Costs and Decreased Shelf Life of Device Pose as A Restraint for the Medical Coatings Market
Table 3 Multifunctional Coatings & Advancements in the Medical Designing Are the Major Opportunities for Growth of the Market
Table 4 Stringent & Uncertain Regulations in the U.S. Pose A Challenge for the Market
Table 5 Global Medical Coatings Market Size , By Type, 2012–2019 ($Billion)
Table 6 Global Medical Coatings Market Size , By Type, 2012–2019 (KT)
Table 7 Hydrophilic Coatings Market, By Region, 2012–2019 ($Billion)
Table 8 Hydrophilic Coatings Market, By Region, 2012–2019 (KT)
Table 9 Hydrophobic Coatings Market, By Region, 2012–2019 ($ Billion)
Table 10 Hydrophobic Coatings Market, By Region, 2012–2019 (KT)
Table 11 Global Medical Coatings Market, By Application, 2012–2019 ($ Billion)
Table 12 Global Medical Coatings Market, By Application, 2012–2019 (KT)
Table 13 Global Medical Devices market, By Region, 2012–2019 ($ Billion)
Table 14 Global Medical Devices Market, By Region, 2012–2019 (KT)
Table 15 Global Implants Market, By Region, 2012–2019 ($ Billion)
Table 16 Global Implants Market, By Region, 2012–2019 (KT)
Table 17 Global Medical Equipment and Tools Market, By Region, 2012–2019 ($ Billion)
Table 18 Global Medical Equipment and Tools Market, By Region, 2012–2019 (KT)
Table 19 Global Other Applications Market, By Region, 2012–2019 ($ Billion)
Table 20 Global Medical Equipment and Tools Market, By Region, 2012–2019 (KT)
Table 22 Medical Coatings Market Size, By Region, 2012–2019 (KT)
Table 23 North America: Medical Coatings Market Size, By Coating Type, 2012–2019($Billion)
Table 24 North America: Medical Coatings Market Size, By Coating Type, 2012–2019 (KT)
Table 25 North America: Medical Coatings Market Size, By Application, 2012–2019 ($Billion)
Table 26 North America: Medical Coatings Market Size, By Application, 2012–2019 (KT)
Table 27 North America: Medical Coatings Market Size, By Country, 2012–2019 ($Billion)
Table 28 North America: Medical Coatings Market Size, By Country, 2012–2019 (KT)
Table 29 U.S.: Medical Coatings Market Size, By Type, 2012–2019 ($Billion)
Table 30 U.S.: Medical Coatings Market Size, By Type, 2012–2019 (KT)
Table 31 U.S.: Medical Coatings Market Size, By Application, 2012–2019 ($Billion)
Table 32 U.S.: Medical Coatings Market Size, By Application, 2012–2019 (KT)
Table 33 Canada: Medical Coatings Market Size, By Type, 2012–2019 ($Billion)
Table 34 Canada: Medical Coatings Market Size, By Type, 2012–2019 (KT)
Table 35 Canada: Medical Coatings Market Size, By Application, 2012–2019 ($Billion)
Table 36 Canada: Medical Coatings Market Size, By Application, 2012–2019 (KT)
Table 37 Mexico: Medical Coatings Market Size, By Type, 2012–2019 ($Billion)
Table 38 Mexico: Medical Coatings Market Size, By Type, 2012–2019 (KT)
Table 39 Mexico: Medical Coatings Market Size, By Application, 2012–2019 ($Billion)
Table 40 Mexico: Medical Coatings Market Size, By Application, 2012–2019 (KT)
Table 41 Europe: Medical Coatings Market Size, By Type, 2012–2019 ($Billion)
Table 42 Europe: Medical Coatings Market Size, By Type, 2012–2019 (KT)
Table 43 Europe: Medical Coatings Market Size, By Application, 2012–2019 ($Billion)
Table 44 Europe: Medical Coatings Market Size, By Application, 2012–2019 (KT)
Table 45 Europe: Medical Coatings Market Size, By Country, 2012–2019 ($Billion)
Table 46 Europe: Medical Coatings Market Size, By Country, 2012–2019 (KT)
Table 47 Germany: Medical Coatings Market Size, By Type, 2012–2019 ($Billion)
Table 48 Germany: Medical Coatings Market Size, By Type, 2012–2019 (KT)
Table 49 Germany: Medical Coatings Market Size, By Application, 2012–2019 ($Billion)
Table 50 Germany: Medical Coatings Market Size, By Application, 2012–2019 (KT)
Table 51 France: Medical Coatings Market Size, By Type, 2012–2019 ($Billion)
Table 52 France: Medical Coatings Market Size, By Type, 2012–2019 (KT)
Table 53 France: Medical Coatings Market Size, By Application, 2012–2019 ($Billion)
Table 54 France: Medical Coatings Market Size, By Application, 2012–2019 (KT)
Table 55 U.K.: Medical Coatings Market Size, By Type, 2012–2019 ($Billion)
Table 56 U.K.: Medical Coatings Market Size, By Type, 2012–2019 (KT)
Table 57 U.K.: Medical Coatings Market Size, By Application, 2012–2019 ($Billion)
Table 58 U.K.: Medical Coatings Market Size, By Application, 2012–2019 (KT)
Table 59 Italy: Medical Coatings Market Size, By Type, 2012–2019 ($Billion)
Table 60 Italy: Medical Coatings Market Size, By Type, 2012–2019 (KT)
Table 61 Italy: Medical Coatings Market Size, By Application, 2012–2019 ($Billion)
Table 62 Italy: Emission Control Catalyst Market Size, By Application, 2012–2019 (KT)
Table 63 Rest of EU: Medical Coatings Market Size, By Type, 2012–2019 ($Billion)
Table 64 Rest of EU: Medical Coatings Market Size, By Type, 2012–2019 (KT)
Table 65 Rest of EU: Medical Coatings Market Size, By Application, 2012–2019 ($Billion)
Table 66 Rest of EU: Medical Coatings Market Size, By Application, 2012–2019 (KT)
Table 67 Asia-Pacific: Medical Coatings Market Size, By Coating Type, 2012–2019 ($Billion)
Table 68 Asia-Pacific: Medical Coatings Market Size, By coatings Type, 2012–2019 (KT)
Table 69 Asia-Pacific: Medical Coatings Market Size, By Application, 2012–2019 ($Billion)
Table 70 Asia-Pacific: Medical Coatings Market Size, By Application, 2012–2019 (KT)
Table 71 Asia-Pacific: Medical Coatings Market Size, By Country, 2012–2019 ($Billion)
Table 72 Asia-Pacific: Emission Control Catalyst Market Size, By Country, 2012–2019 (KT)
Table 73 China: Medical Coatings Market Size, By Coatings Type, 2012–2019 ($Billion)
Table 74 China: Medical Coatings Size, By Coatings Type, 2012–2019 (KT)
Table 75 China: Medical Coatings Market Size, By Application, 2012–2019 ($Billion)
Table 76 China: Medical Coatings Market Size, By Application, 2012–2019 (KT)
Table 77 India: Medical Coatings Market Size, By Coatings Type, 2012–2019 ($Billion)
Table 78 India: Medical Coatings Market Size, By coatings Type, 2012–2019 (KT)
Table 79 India: Medical Coatings Market Size, By Application, 2012–2019 ($Billion)
Table 80 India: Medical Coatings Market Size, By Application, 2012–2019 (KT)
Table 81 Japan: Medical Coatings Market Size, By Coatings Type, 2012–2019 ($Billion)
Table 82 Japan: Medical Coatings Market Size, By Coatings Type, 2012–2019 (KT)
Table 83 Japan: Medical Coatings Market Size, By Application, 2012–2019 ($Billion)
Table 84 Japan: Medical Coatings Market Size, By Application, 2012–2019 (KT)
Table 85 Rest of APAC: Medical Coatings Market Size, By Coatings Type, 2012–2019 ($Billion)
Table 86 Rest of APAC: Medical Coatings Market Size, By Coatings Type, 2012–2019 (KT)
Table 87 Rest of APAC: Medical Coatings Market Size, By Application, 2012–2019 ($Billion)
Table 88 Rest of APAC: Medical Coatings Market Size, By Application, 2012–2019 (KT)
Table 89 ROW: Medical Coatings Market Size, By Coatings Type, 2012–2019 ($Billion)
Table 90 ROW: Medical Coatings Market Size, By Coatings Type, 2012–2019 (KT)
Table 91 ROW: Medical Coatings Market Size, By Application, 2012–2019 ($Billion)
Table 92 ROW: Medical Coatings Market Size, By Application, 2012–2019 (KT)
Table 93 ROW: Medical Coatings Market Size, By Country, 2012–2019 ($Billion)
Table 94 ROW: Emission Control Catalyst Market Size, By Country, 2012–2019 (‘000 Ounce)
Table 95 Brazil: Medical Coatings Market Size, By Coatings Type, 2012–2019 ($Billion)
Table 96 Brazil: Medical Coatings Market Size, By Coatings Type, 2012–2019 (KT)
Table 97 Brazil: Medical Coatings Size, By Application, 2012–2019 ($Billion)
Table 98 Brazil: Medical Coatings Market Size, By Application, 2012–2019 (KT)
Table 99 Rest of ROW: Medical Coatings Market Size, By Coatings Type, 2012–2019 ($Billion)
Table 100 Rest of ROW: Medical Coatings Market Size, By Coatings Type, 2012–2019 (KT)
Table 101 Rest of ROW: Medical Coatings Market Size, By Application, 2012–2019 ($Billion)
Table 102 Rest of ROW: Medical Coatings Market Size, By Application, 2012–2019 (KT)
Table 103 Agreements, Collaboration & Partnerships, 2010–2014
Table 104 Expansions, 2010–2014
Table 105 New Product Launch, 2010–2014

List of Figures (50 Figures)

Figure 1 Research Methodology
Figure 2 Bottom-Up Approach
Figure 3 Top-Down Approach
Figure 4 Data Triangulation
Figure 5 Assumptions of Research Study
Figure 6 Limitations of Research Study
Figure 7 Global Medical Coatings Penetration Level of Countries, Market Size ($Billion)
Figure 8 Medical Device is the Fastest-Growing Market for Medical Coatings
Figure 9 Global Medical Coatings Market Size, By Fast-Growing Countries ($Billion)
Figure 10 Global Medical Coatings Market Size ($Billion)
Figure 11 Most of the Countries With High CAGR Are From Asia-Pacific
Figure 12 Implants Accounts for the Second Largest Size Given By Value
Figure 13 North America Registers the Largest Market Size for Both the Types in 2013
Figure 14 Major Applications to Register A High Demand in Asia-Pacific
Figure 15 Market Segmentation of Medical Coatings, By Type
Figure 16 Market Segmentation of Medical Coatings, By Application
Figure 17 Market Segmentation of Medical Coatings, By Region
Figure 18 Rise in Population & Growing Demand for Implantable Devices and Single Use Disposable Products to Drive the Market
Figure 19 Rise in World Population and Increasing Life Expectancy Have Been Driving the Medical Coatings Market Indirectly
Figure 20 Value Chain Analysis (2013) : Direct Distribution is the Most Preferred Strategy Followed By Most of the Players
Figure 21 Porter’s Five Forces Analysis (2013): Medium Threat From Substitutes & Medium Entry Barriers Leading to High Growth
Figure 22 Hydrophilic Coatings Have the Largest Market Size in the Medical Coatings Market (2013-2019)
Figure 23 Rise in Income and Population Driving the Hydrophilic Coatings Market in Asia-Pacific Region (2013-2019)
Figure 24 North America Followed By Europe Lead the Hydrophobic Coatings Market (2014-2019)
Figure 25 Medical Coatings Overview: By Types, Substrates, and Chemistries
Figure 26 Medical Devices Hold the Largest Share of the Medical Coatings Market (2014-2019)
Figure 27 Rise in Minimal Invasive Surgeries Driving the Growth of Medical Device Coatings Market (2014-2019)
Figure 28 Dental and Orthopedic Implants to Grow Fastest in Asia-Pacific (2013-2019)
Figure 29 Asia-Pacific is Anticipated to the Show the Highest Growth for Medical Equipment and Tools (2014-2019)
Figure 30 Other Applications to Grow Fastest in Asia-Pacific (2014-2019)
Figure 31 Regional Snapshot (2013): Asia-Pacific will Be the New Hot Spot
Figure 32 China Showing the Highest Growth Rate Among Major Companies for Medical Coatings
Figure 33 Demand Will Be Driven By Rising Healthcare Market
Figure 34 Asia-Pacific Market Snapshot—Growth in Medical Devices Manufacturing Driving the Market
Figure 35 Partnership, Agreement, and Collaboration is the Major Strategy Adopted By Leading Companies to Hold Their Market Share
Figure 36 Expansion is the Key Strategy Adopted By Companies and 2012 Was the Most Active Year
Figure 37 Battle for Market Share: Expansion Was the Key Strategy
Figure 38 Royal DSM: Business Overview
Figure 39 Hydromer Inc.: Business Overview
Figure 40 Hydromer Inc.: SWOT Analysis
Figure 41 Surmodics Inc.: Business Overview
Figure 42 AST Products Inc.: Business Overview
Figure 43 Specialty Coatings Systems Inc.: Business Overview
Figure 44 Specialty Coatings Systems Inc.: SWOT Analysis
Figure 45 Covalon Technologies Ltd.: Business Overview
Figure 46 Abbott Laboratories: Business Overview
Figure 47 Biocoat Inc.: Business Overview
Figure 48 Biocoat Inc.: SWOT Analysis
Figure 49 Precision Coatings Co. Inc.: Business Overview
Figure 50 Harland Medical Systems Inc.: Business Overview
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- AST Products Inc.
- Abbott Laboratories
- Biocoat Inc.
- Covalon Technologies Ltd.
- Harland Medical Systems Inc.
- Hydromer Inc.
- Precision Coatings Co. Inc.
- Royal DSM
- Specialty Coating Systems Inc.
- Surmodics Inc.
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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