HOME Press Releases Medical Coating Market worth $13.23 Billion by 2019



Medical Coating Market worth $13.23 Billion by 2019


The report 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” defines and segments the medical coating market with an analysis and forecast of value by type, such as hydrophilic and hydrophobic. Along with this, the value and volumes of medical coatings by application and region are also discussed in the report.

      Request Sample      Request Sample

Browse 105 market data tables and 50 figures spread through 166 pages and in-depth TOC on “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”
http://www.marketsandmarkets.com/Market-Reports/medical-coatings-market-76047356.html
Early buyers will receive 10% customization on reports.

The report also identifies the driving and restraining factors for medical coatings market with an analysis of drivers, restraints, opportunities, and strengths. The market is segmented and the value has been forecasted on the basis of important regions, such as Asia-Pacific, North America, Europe, and Rest of the World (RoW). Further, the market is segmented and the demand and value are forecasted on the basis of various key applications of medical coatings, such as medical devices, implants, medical equipments & tools, and other applications.

Aging population-key market for medical coatings

The medical coating market is segmented into two types: hydrophilic and hydrophobic coatings. These types have application specific demands that are differentiated by cost, and efficiency. These coatings may be used in combinations on medical products as required or individually.

Aging population is increasing the demand of healthcare facilities. As life expectancy increase in different countries, the demand for better healthcare facilities increases. Better healthcare facilities demands advanced and patient friendly methods. All these factors drive the demand for medical coatings.

Medical coating market value to reach $13.23 Billion by 2019

The market for medical coating, in terms of value, is projected to reach $13.23 Billion by 2019, witnessing a CAGR of 6.50% between 2014 and 2019. In terms of value, North America dominated the medical coatings market in 2013 and is expected to register a steady CAGR by 2019. High medical products manufacturing in the North American region leads to high consumption of medical coatings in the region. Due to rising medical products manufacturing in the region, the medical coatings market is projected to witness a high growth rate in Asia Pacific. The medical coating market in Europe is projected to register a steady growth in coming decade due to aging population and improvement in medical facilities in many countries. The medical coatings market in RoW is expected to show slow growth rate as the region does not manufacture many medical devices.

North America and Europe together are expected to account for around 70% of the medical coatings market, in terms of value, by 2019

North America is the largest market for medical coatings currently and the same is expected to continue till 2019. The European market is expected to show slightly higher growth rate than North America. The Asia-Pacific market is expected to show the highest growth rate but the market is currently lower than North America and Europe. The U.S., Germany, China, and Japan are the hub of medical products manufacturing in the world and are the major consumers of medical coatings.

About MarketsandMarkets

MarketsandMarkets is world’s No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.

M&M’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

Contact:
Mr. Rohan

North - Dominion Plaza,
17304,Preston Road,
Suite 800, Dallas, TX 75252
Tel: +1-888-600-6441
Email: sales@marketsandmarkets.com

Connect Us

Follow us on LinkedIn  Follow us on Facebook   Follow us on Twitter 
Live Chat Support


US : 1-888-600-6441

Search reports