HOME Top Market Reports Medical Coating Market by Type (Hydrophilic and Hydrophobic coatings), Application (Medical Devices, Implants, Medical Equipment & Tools and Others) and Geography - Regional Trends & Forecast to 2019

Medical Coating Market by Type (Hydrophilic and Hydrophobic coatings), Application (Medical Devices, Implants, Medical Equipment & Tools and Others) and Geography - Regional Trends & Forecast to 2019

By: marketsandmarkets.com
Publishing Date: January 2015
Report Code: CH 3023

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Medical coatings are widely used in the healthcare industry to modify the surfaces of devices, equipment, and implants. Coating may be of different types according to the specifications required by the customers. Antimicrobial coatings are used to prevent the growth of micro-organisms on the surfaces. Lubricious coatings are used to lubricate the surface of medical products. Lubricating surfaces helps to reduce the static and kinetic friction between two surfaces which leads to easy insertion, thereby reducing trauma. Optical coatings are used on optical devices to change their properties such as reflecting properties. Pharmacological coatings contain pharmacological substances that are released to achieve specific pharmacological functions.

Growth of the medical products manufacturing market is the major driver of the medical coating market. Aging population and increasing life expectancy is fueling the demand for better healthcare in different regions. Moreover, increasing awareness about hospital acquired infections and increasing rate of minimal invasive surgeries are also driving the medical coatings market. Rising costs of raw materials and healthcare facilities is one of the inhibitors of the market. Regulatory approvals process is another important aspect of this industry. The medical device and coating manufacturers are looking for regions where the regulatory approval processes are fast and less complicated. This is the reason many U.S. based medical device manufacturers prefer to launch their products in the European region rather than in the U.S. region. Growing healthcare market in the developing regions along with the advancement in medical product designing is offering ample opportunity for the steady growth of the medical coatings market.

This report estimates the market size of medical coating in terms of value and volume, regionally and in end-user markets. The report provides a comprehensive review of the important drivers, challenges, and key issues in the market. This market is further segmented and forecasted for key regions, such as North America, Europe, Asia-Pacific, and RoW. Top players of the industry are profiled in detail with their recent developments and other strategic industry activities. The segmentation by type of medical coatings in terms of consumption and value for each region is also discussed in this report.

By Type:

  1. Hydrophilic Coatings
  2. Hydrophobic Coatings

By Application:

  1. Medical Devices
  2. Implants
  3. Medical Equipments & Tools
  4. Others (Drug Delivery)

By Geography:

  1. North America
    1. U.S.
    2. Canada
    3. Mexico
  2. Europe
    1. Germany
    2. France
    3. U.K.
    4. Italy
    5. Others
  3. Asia-Pacific
    1. China
    2. India
    3. Japan
    4. Others
  4. ROW
    1. Brazil
    2. Others

This report also includes the leading manufacturers’ profiles, such as DSM Biomedical (The Netherlands), Hydromer Inc. (U.S.), SurModics Inc. (U.S.), Biocoat Inc. (U.S.), AST Products Inc. (U.S.), Specialty Coatings Systems Inc. (U.S.), and others.

Table of Contents 
 
1 Introduction (Page No. - 10)
    1.1 Objectives of the Study
    1.2 Study Scope
    1.3 Stakeholders

2 Research Methodology (Page No. - 12)
    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 (Page No. - 22)

4 Premium Insights (Page No. - 25)

5 Market Overview (Page No. - 28)
    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 (Page No. - 38)
    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 Coating Market, By Type (Page No. - 47)
    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 Coating Market, By Application (Page No. - 60)
    8.1 Introduction
    8.2 Medical Devices
    8.3 Implants
    8.4 Medical Equipment and Tools
    8.5 Others

9 Regional Analysis (Page No. - 73)
    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 (Page No. - 122)
     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 (Page No. - 131)
     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 ($Billion)
Table 6 Global Medical Coating Market Size , By Type, 2012–2019 (KT)
Table 7 Hydrophilic Coatings Market, By Region, 2012–2019 ($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 Coating 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($Billion)
Table 24 North America: Medical Coating Market Size, By  Coating Type, 2012–2019 (KT)
Table 25 North America: Medical Coatings Market Size, By Application, 2012–2019 ($Billion)
Table 26 North America: Medical Coating 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 ($Billion)
Table 36 Canada: Medical Coating Market Size, By Application, 2012–2019 (KT)
Table 37 Mexico: Medical Coatings  Market Size, By Type, 2012–2019 ($Billion)
Table 38 Mexico: Medical Coating  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 ($Billion)
Table 56 U.K.: Medical Coating Market Size, By Type, 2012–2019 (KT)
Table 57 U.K.: Medical Coating Market Size, By Application, 2012–2019 ($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 Coating Size, By Coatings Type, 2012–2019 (KT)
Table 75 China: Medical Coatings Market Size, By Application, 2012–2019 ($Billion)
Table 76 China: Medical Coating Market Size, By Application, 2012–2019 (KT)
Table 77 India: Medical Coatings Market Size, By Coatings Type, 2012–2019 ($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 ($Billion)
Table 92 ROW: Medical Coating Market Size, By Application, 2012–2019 (KT)
Table 93 ROW: Medical Coating Market Size, By Country, 2012–2019 ($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 ($Billion)
Figure 8 Medical Device is the Fastest-Growing Market for Medical Coatings
Figure 9 Global Medical Coating Market Size, By Fast-Growing Countries ($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

Medical coatings are used on medical devices and equipment to modify their surfaces and improve their performances. They are widely used on surgical and institutional equipment, medical devices such as cardiovascular, optical, orthopaedic, endoscopic, radiology devices, implants, and even on drug delivery systems. These coatings provide antimicrobial, protective, optical, lubricious, hydrophilic or hydrophobic properties to the applied surfaces. Factors such as application, working environment (sterilization, storing), compatibility between the substrate chemistry and coating chemistry as well as compatibility with body-fluids and tissues needs to be considered before a particular coating can be applied on a medical device. Device manufacturers work closely with the coating manufacturers to decide if the coating is suitable for its devices. Coating manufacturers, especially hydrophilic coating manufacturers often charge a license fee or royalty for its services.

The medical coating market is anticipated to show a steady growth rate in the coming years. The global medical coatings market demand, by value is estimated to reach around $13.23 billion by 2019.

Hydrophobic coatings were introduced in the market before 1940s and its market has matured into commodities while hydrophilic coatings market is still a specialty product. High level of technical knowledge is required while dealing with hydrophilic coatings.  Silicon, fluoropolymers, polyurethanes, parylenes are some of the common coating chemistries while metals (stainless steel, titanium, platinum, and nitinol), plastics, and ceramics are some of the common substrate chemistries for both, hydrophilic and hydrophobic types of coatings.

Advancement in medical technologies is leading to the use of more sophisticated devices and equipment in the medical care market. This is also increasing the demand for different types of medical coatings. Growth in medical care market, mainly in the developing region as well as increasing awareness for minimally-invasive surgeries and increase in hospital-acquired infections is driving the medical coatings market. Rising cost and uncertain regulatory scenario is inhibiting the growth of the market to some extent. Multi-functional coatings are expected to be the new trend in the medical coatings market.

Medical Coatings Market Share, by Region, 2013

Medical Coatings Market

Source: MarketsandMarkets Analysis

The U.S. holds the largest market for medical device manufacturing and thus is also the largest consumer for medical coatings, followed by Europe. Asia-Pacific and the RoW regions are showing a significant growth in the medical coatings market.

Medical coating companies focus keenly on research and development to provide innovative and high quality services to its customers. Besides, these companies also aggressively collaborated and venture with medical device companies to increase their presence in different regions. These two are the major strategies adopted by the companies to strengthen their position in the medical coatings market.

Some of the renowned companies in the medical coatings market are Royal DSM (Netherlands), Hydromer Inc.  (U.S.), SurModics inc.  (U.S.), Sono-Tek Corporation (U.S.), Biocoat Inc. (U.S.), AST Products Inc. (U.S.), and Specialty Coating Systems, Inc. (U.S.).

The report analyzes the market on the basis of medical coating types, penetration of medical coatings in important regions, and application market. It also covers the market behavior of leading producers, key developments, and strategies implemented to sustain and succeed in the market.

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