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Medical Device Coating Market Size, Share & Trends Analysis Report by Product (Hydrophilic, Antimicrobial), by Application (General Surgery, Cardiovascular), by Region, and Segment Forecasts, 2020 - 2027

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    Report

  • May 2020
  • Region: Global
  • Grand View Research
  • ID: 4031921
Medical Device Coating Market Growth & Trends

The global medical device coating market size is expected to reach USD 18.96 billion by 2027, expanding at a CAGR of 8.3% from 2020 to 2027. Rising demand for coatings to protect the surfaces of different medical devices, such as cardiovascular, neurovascular, and gynecological, is expected to drive the demand for medical device coating over the forecast period.

Increasing healthcare expenditures and greater attention towards early diagnosis by developing markets and construction of hospitals and clinics to cater to the growing Ischemic heart disease, respiratory infections, and coronavirus cases across the globe will augment demand for medical devices in the coming years. This is likely to have a positive impact on the market growth.

Technological innovations including introduction of antimicrobial micro RESIST technology for orthopedic implants and catheters, which eliminate microorganisms, will augment market growth over the forecast period. Furthermore, growing preference for implantable and non-implantable medical equipment, along with rising number of private and public hospitals, will fuel market growth in the coming years.

Antimicrobial coatings held the largest market share in 2019. This is attributed to their surface protection capabilities from microbes, including fungi, parasites, bacteria, and germs. Rising number of hospitals, along with increasing requirement for healthcare facilities, creates a need for sophisticated devices and equipment, which will augment the product demand.

Medical Device Coating Market Report Highlights
  • The cardiovascular application segment held the largest share of 26.4% in terms of revenue in 2019
  • The market in U.S. is anticipated to reach USD 5.95billion by 2027 owing to growing demand for medical device coatings from various applications
  • Asia Pacific is expected to expand at the fastest CAGR both in terms of volume and revenue over the forecast period
  • Major players have undertaken several strategies, such as merger & acquisition and product development, to expand their market reach and product portfolio.


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Table of Contents

Chapter 1. Methodology and Scope
1.1. Market Segmentation & Scope
1.2. Market Definition
1.3. Information Procurement
1.3.1. Purchased Database
1.3.2. Internal database
1.3.3. Secondary Sources & Third - Party Perspectives
1.3.4. Primary Research
1.4. Information Analysis
1.4.1. Data Analysis Models
1.5. Market Formulation & Data Visualization
Chapter 2. Executive Summary
2.1. Market summary
2.2. Segmental Outlook
Chapter 3. Market Variables, Trends, and Scope
3.1. Market Lineage Outlook
3.1.1. Global coating Market
3.1.2. Global Medical Device Coating Market
3.2. Penetration & Growth Prospect Mapping
3.3. Industry Value Chain Analysis
3.3.1. Raw Material Trends
3.3.2. Manufacturing Trends
3.4. Technology Overview
3.5. Regulatory Framework
3.6. Market Dynamics
3.6.1. Market Driver Analysis
3.6.2. Market Restraint Analysis
3.7. Business Environment Analysis: Medical Device Coating Market
3.7.1. Industry Analysis - Porter’s
3.7.1.1. Supplier Power
3.7.1.2. Buyer Power
3.7.1.3. Substitution Threat
3.7.1.4. Threat from New Entrant
3.7.1.5. Competitive Rivalry
3.7.2. PESTEL Analysis
3.7.2.1. Political Landscape
3.7.2.2. Environmental Landscape
3.7.2.3. Social Landscape
3.7.2.4. Technology Landscape
3.7.2.5. Economic Landscape
3.7.2.6. Legal Landscape
Chapter 4. Medical Device Coating Market: Product Estimates & Trend Analysis
4.1. Product movement analysis & market share, 2019 & 2027
4.2. Hydrophilic coatings
4.2.1. Global medical device coating market estimates and forecasts, by hydrophilic coatings, 2016 - 2027 (Kilotons) (USD Million)
4.3. Antimicrobial coatings
4.3.1. Global medical device coating market estimates and forecasts, by antimicrobial coatings, 2016 - 2027 (Kilotons) (USD Million)
4.4. Drug - eluting coatings
4.4.1. Global medical device coating market estimates and forecasts, by drug - eluting coatings, 2016 - 2027 (Kilotons) (USD Million)
4.5. Anti - thrombogenic coatings
4.5.1. Global medical device coating market estimates and forecasts, by anti - thrombogenic coatings, 2016 - 2027 (Kilotons) (USD Million)
4.6. Others
4.6.1. Global medical device coating market estimates and forecasts, by others, 2016 - 2027 (Kilotons) (USD Million)
Chapter 5. Medical Device Coating Market: Application Estimates & Trend Analysis
5.1. Application movement analysis & market share, 2019 & 2027
5.2. Neurology
5.2.1. Global medical device coating market estimates and forecasts, in neurology, 2016 - 2027 (Kilotons) (USD Million)
5.3. Orthopedics
5.3.1. Global medical device coating market estimates and forecasts, in orthopedics, 2016 - 2027 (Kilotons) (USD Million)
5.4. General surgery
5.4.1. Global medical device coating market estimates and forecasts, in general surgery, 2016 - 2027 (Kilotons) (USD Million)
5.5. Cardiovascular
5.5.1. Global medical device coating market estimates and forecasts, in cardiovascular, 2016 - 2027 (Kilotons) (USD Million)
5.6. Dentistry
5.6.1. global medical device coating market estimates and forecasts, in dentistry, 2016 - 2027 (Kilotons) (USD Million)
5.7. Gynecology
5.7.1. Global medical device coating market estimates and forecasts, in gynecology, 2016 - 2027 (Kilotons) (USD Million)
5.8. Others
5.8.1. Global medical device coating market estimates and forecasts, in others, 2016 - 2027 (Kilotons) (USD Million)
Chapter 6. Medical Device Coating Market: Regional Estimates & Trend Analysis
6.1. Regional movement analysis & market share, 2019 & 2027
6.2. North America
6.2.1. North America medical device coatings market estimates and forecast, 2016 - 2027 (Kilo Tons) (USD Million)
6.2.2. North America medical device coating market estimates and forecasts, by product, 2016 - 2027 (Kilo Tons) (USD Million)
6.2.3. North America Medical Device Coating Market estimates and forecasts, by application, 2016 - 2027 (Kilo Tons) (USD Million)
6.2.3.1. U.S.
6.2.3.1.1. U.S. Medical Device Coating Market estimates and forecasts, 2016 - 2027 (Kilo Tons) (USD Million)
6.2.3.1.2. U.S. Medical Device Coating Market estimates and forecasts, by product, 2016 - 2027 (Kilo Tons) (USD Million)
6.2.3.1.3. U.S. Medical Device Coating Market estimates and forecasts, by application, 2016 - 2027 (Kilo Tons) (USD Million)
6.2.3.2. Canada
6.2.3.2.1. Canada medical device coating Market estimates and forecasts, 2016 - 2027 (Kilo Tons) (USD Million)
6.2.3.2.2. Canada medical device coating Market estimates and forecasts, by product, 2016 - 2027 (Kilo Tons) (USD Million)
6.2.3.2.3. Canada medical device coating market estimates and forecasts, by application, 2016 - 2027 (Kilo Tons) (USD Million)
6.2.3.3. Mexico
6.2.3.3.1. Mexico medical device coating market estimates and forecasts, 2016 - 2027 (Kilo Tons) (USD Million)
6.2.3.3.2. Mexico medical device coating market estimates and forecasts, by product, 2016 - 2027 (Kilo Tons) (USD Million)
6.2.3.3.3. Mexico medical device coating market estimates and forecasts, by application, 2016 - 2027 (Kilo Tons) (USD Million)
6.3. Europe
6.3.1. Europe medical device coating market estimates and forecasts, 2016 - 2027 (Kilo Tons) (USD Million)
6.3.2. Europe medical device coating market estimates and forecasts, by product, 2016 - 2027 (Kilo Tons) (USD Million)
6.3.3. Europe medical device coating market estimates and forecasts, by application, 2016 - 2027 (Kilo Tons) (USD Million)
6.3.3.1. Germany
6.3.3.1.1. Germany Medical Device Coating Market estimates and forecasts, 2016 - 2027 (Kilo Tons) (USD Million)
6.3.3.1.2. Germany Medical Device Coating Market estimates and forecasts, by product, 2016 - 2027 (Kilo Tons) (USD Million)
6.3.3.1.3. Germany Medical Device Coating Market estimates and forecasts, by application, 2016 - 2027 (Kilo Tons) (USD Million)
6.3.3.2. France
6.3.3.2.1. France Medical Device Coating Market estimates and forecasts, 2016 - 2027 (Kilo Tons) (USD Million)
6.3.3.2.2. France Medical Device Coating Market estimates and forecasts, by product, 2016 - 2027 (Kilo Tons) (USD Million)
6.3.3.2.3. France Medical Device Coating Market estimates and forecasts, by application, 2016 - 2027 (Kilo Tons) (USD Million)
6.3.3.3. U.K.
6.3.3.3.1. U.K. Medical Device Coating Market estimates and forecasts, 2016 - 2027 (Kilo Tons) (USD Million)
6.3.3.3.2. U.K. Medical Device Coating Market estimates and forecasts, by product, 2016 - 2027 (Kilo Tons) (USD Million)
6.3.3.3.3. U.K. Medical Device Coating Market estimates and forecasts, by application, 2016 - 2027 (Kilo Tons) (USD Million)
6.3.3.4. Italy
6.3.3.4.1. Italy Medical Device Coating Market estimates and forecasts, 2016 - 2027 (Kilo Tons) (USD Million)
6.3.3.4.2. Italy Medical Device Coating Market estimates and forecasts, by product, 2016 - 2027 (Kilo Tons) (USD Million)
6.3.3.4.3. Italy Medical Device Coating Market estimates and forecasts, by application, 2016 - 2027 (Kilo Tons) (USD Million)
6.3.3.5. Spain
6.3.3.5.1. Spain Medical Device Coating Market estimates and forecasts, 2016 - 2027 (Kilo Tons) (USD Million)
6.3.3.5.2. Spain Medical Device Coating Market estimates and forecasts, by product, 2016 - 2027 (Kilo Tons) (USD Million)
6.3.3.5.3. Spain Medical Device Coating Market estimates and forecasts, by application, 2016 - 2027 (Kilo Tons) (USD Million)
6.4. Asia Pacific
6.4.1. Asia Pacific Medical Device Coating Market estimates and forecasts, 2016 - 2027 (Kilo Tons) (USD Million)
6.4.2. Asia Pacific Medical Device Coating Market estimates and forecasts, by product, 2016 - 2027 (Kilo Tons) (USD Million)
6.4.3. Asia Pacific Medical Device Coating Market estimates and forecasts, by application, 2016 - 2027 (Kilo Tons) (USD Million)
6.4.3.1. China
6.4.3.1.1. China medical device coating market estimates and forecasts, 2016 - 2027 (Kilo Tons) (USD Million)
6.4.3.1.2. China medical device coating market estimates and forecasts, by product, 2016 - 2027 (Kilo Tons) (USD Million)
6.4.3.1.3. China medical device coating market estimates and forecasts, by application, 2016 - 2027 (Kilo Tons) (USD Million)
6.4.3.2. India
6.4.3.2.1. India medical device coating market estimates and forecasts, 2016 - 2027 (Kilo Tons) (USD Million)
6.4.3.2.2. India medical device coating market estimates and forecasts, by product, 2016 - 2027 (Kilo Tons) (USD Million)
6.4.3.2.3. India medical device coating market estimates and forecasts, by application, 2016 - 2027 (Kilo Tons) (USD Million)
6.4.3.3. Japan
6.4.3.3.1. Japan medical device coating market estimates and forecasts, 2016 - 2027 (Kilo Tons) (USD Million)
6.4.3.3.2. Japan medical device coating market estimates and forecasts, by product, 2016 - 2027 (Kilo Tons) (USD Million)
6.4.3.3.3. Japan medical device coating market estimates and forecasts, by application, 2016 - 2027 (Kilo Tons) (USD Million)
6.4.3.4. South Korea
6.4.3.4.1. South Korea medical device coating market estimates and forecasts, 2016 - 2027 (Kilo Tons) (USD Million)
6.4.3.4.2. South Korea medical device coating market estimates and forecasts, by product, 2016 - 2027 (Kilo Tons) (USD Million)
6.4.3.4.3. South Korea medical device coating market estimates and forecasts, by application, 2016 - 2027 (Kilo Tons) (USD Million)
6.4.3.5. ASEAN
6.4.3.5.1. ASEAN medical device coating market estimates and forecasts, 2016 - 2027 (Kilo Tons) (USD Million)
6.4.3.5.2. ASEAN medical device coating market estimates and forecasts, by product, 2016 - 2027 (Kilo Tons) (USD Million)
6.4.3.5.3. ASEAN medical device coating market estimates and forecasts, by application, 2016 - 2027 (Kilo Tons) (USD Million)
6.5. Central and South America
6.5.1. Central and South AmericaMedical Device Coating Market estimates and forecasts, 2016 - 2027 (Kilo Tons) (USD Million)
6.5.2. Central and South America Medical Device Coating Market estimates and forecasts, by product, 2016 - 2027 (Kilo Tons) (USD Million)
6.5.3. Central and South America Medical Device Coating Market estimates and forecasts, by application, 2016 - 2027 (Kilo Tons) (USD Million)
6.5.3.1. Brazil
6.5.3.1.1. Brazil medical device coating market estimates and forecasts, 2016 - 2027 (Kilo Tons) (USD Million)
6.5.3.1.2. Brazil medical device coating market estimates and forecasts, by product, 2016 - 2027 (Kilo Tons) (USD Million)
6.5.3.1.3. Brazil medical device coating market estimates and forecasts, by application, 2016 - 2027 (Kilo Tons) (USD Million)
6.5.3.2. Argentina
6.5.3.2.1. Argentina medical device coating market estimates and forecasts, 2016 - 2027 (Kilo Tons) (USD Million)
6.5.3.2.2. Argentina medical device coating market estimates and forecasts, by product, 2016 - 2027 (Kilo Tons) (USD Million)
6.5.3.2.3. Argentina medical device coating market estimates and forecasts, by application, 2016 - 2027 (Kilo Tons) (USD Million)
6.5.3.3. Chile
6.5.3.3.1. Chile medical device coating market estimates and forecasts, 2016 - 2027 (Kilo Tons) (USD Million)
6.5.3.3.2. Chile medical device coating market estimates and forecasts, by product, 2016 - 2027 (Kilo Tons) (USD Million)
6.5.3.3.3. Chile medical device coating market estimates and forecasts, by application, 2016 - 2027 (Kilo Tons) (USD Million)
6.6. Middle East & Africa
6.6.1. Middle East & Africa medical device coating market estimates and forecasts, 2016 - 2027 (Kilo Tons) (USD Million)
6.6.2. Middle East & Africa medical device coating market estimates and forecasts, by product, 2016 - 2027 (Kilo Tons) (USD Million)
6.6.3. Middle East & Africa medical device coating market estimates and forecasts, by application, 2016 - 2027 (Kilo Tons) (USD Million)
6.6.3.1. Saudi Arabia
6.6.3.1.1. Saudi Arabia medical device coating market estimates and forecasts, 2016 - 2027 (Kilo Tons) (USD Million)
6.6.3.1.2. Saudi Arabia medical device coating market estimates and forecasts, by product, 2016 - 2027 (Kilo Tons) (USD Million)
6.6.3.1.3. Saudi Arabia medical device coating market estimates and forecasts, by application, 2016 - 2027 (Kilo Tons) (USD Million)
6.6.3.2. UAE
6.6.3.2.1. UAE medical device coating market estimates and forecasts, 2016 - 2027 (Kilo Tons) (USD Million)
6.6.3.2.2. UAE medical device coating market estimates and forecasts, by product, 2016 - 2027 (Kilo Tons) (USD Million)
6.6.3.2.3. UAE medical device coating market estimates and forecasts, by application, 2016 - 2027 (Kilo Tons) (USD Million)
6.6.3.3. South Africa
6.6.3.3.1. South Africa medical device coating market estimates and forecasts, 2016 - 2027 (Kilo Tons) (USD Million)
6.6.3.3.2. South Africa medical device coating market estimates and forecasts, by product, 2016 - 2027 (Kilo Tons) (USD Million)
6.6.3.3.3. South Africa medical device coating market estimates and forecasts, by application, 2016 - 2027 (Kilo Tons) (USD Million)
Chapter 7. Competitive Landscape
7.1. Key Global Players & Recent Developments & Their Impact on The Industry
7.2. Key Company/Competition Categorization (Key innovators, Market leaders, Emerging players)
7.3. Vendor Landscape
7.3.1. List of key Distributors and Channel Partners
7.3.2. Key Potential Customers
7.4. Public Companies
7.4.1. Company Market Position Analysis
7.4.2. Competitive Dashboard Analysis
7.5. Private Companies
7.5.1. List of Key Emerging Companies/Technology Disruptors/Innovators
7.5.2. Geographical Presence
Chapter 8. Company Profiles
8.1. SurModics, Inc.
8.1.1. Company Overview
8.1.2. Financial Performance
8.1.3. Product Benchmarking
8.1.4. Strategic Initiatives
8.2. Sono - Tek Corporation
8.2.1. Company Overview
8.2.2. Financial Performance
8.2.3. Product Benchmarking
8.2.4. Strategic Initiatives
8.3. Hydromer, Inc.
8.3.1. Company Overview
8.3.2. Financial Performance
8.3.3. Product Benchmarking
8.4. Materion Corp
8.4.1. Company Overview
8.4.2. Financial Performance
8.4.3. Product Benchmarking
8.4.4. Strategic Initiatives
8.5. Royal DSM N.V.
8.5.1. Company Overview
8.5.2. Financial Performance
8.5.3. Product Benchmarking
8.5.4. Strategic Initiatives
8.6. Specialty Coating Systems, Inc.
8.6.1. Company Overview
8.6.2. Financial Performance
8.6.3. Product Benchmarking
8.6.4. Strategic Initiatives
8.7. Precision Coating Co., Inc.
8.7.1. Company overview
8.7.2. Financial performance
8.7.3. Product benchmarking
8.7.4. Strategic Initiatives
8.8. Coatings2Go, LLC
8.8.1. Company overview
8.8.2. Financial performance
8.8.3. Product benchmarking
8.9. Harland Medical Systems, Inc.
8.9.1. Company overview
8.9.2. Financial performance
8.9.3. Product benchmarking
8.9.4. Strategic Initiatives
8.10. Merit Medical Systems, Inc.
8.10.1. Company overview
8.10.2. Financial performance
8.10.3. Product benchmarking
8.10.4. Strategic Initiatives
8.11. PPG Industries, Inc.
8.11.1. Company overview
8.11.2. Financial performance
8.11.3. Product benchmarking
8.11.4. Strategic Initiatives
8.12. Biocoat, Inc.
8.12.1. Company overview
8.12.2. Financial performance
8.12.3. Product benchmarking
8.12.4. Strategic Initiatives
8.13. Hemoteq AG
8.13.1. Company overview
8.13.2. Financial performance
8.13.3. Product benchmarking
8.13.4. Strategic Initiatives
8.14. Covalon Technologies Ltd.
8.14.1. Company overview
8.14.2. Financial performance
8.14.3. Product benchmarking
8.15. AST Products, Inc.
8.15.1. Company overview
8.15.2. Financial performance
8.15.3. Product benchmarking
8.15.4. Strategic Initiatives
8.16. Bayer AG
8.16.1. Company overview
8.16.2. Financial performance
8.16.3. Product benchmarking
8.16.4. Strategic Initiatives

Companies Mentioned

  • SurModics, Inc.
  • Sono - Tek Corporation
  • Hydromer, Inc.
  • Materion Corp
  • Royal DSM N.V.
  • Specialty Coating Systems, Inc.
  • Precision Coating Co., Inc.
  • Coatings2Go, LLC
  • Harland Medical Systems, Inc.
  • Merit Medical Systems, Inc.
  • PPG Industries, Inc.
  • Biocoat, Inc.
  • Hemoteq AG
  • Covalon Technologies Ltd.
  • AST Products, Inc.
  • Bayer AG

Methodology

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