Medical Device Coatings Market: Growing medical device industry in the various regions will boost the global market, Says ZMR

The medical device coatings are being used majorly in the healthcare industry as it helps improve or modify the surface characteristics of the medical devices, implants, or equipment. The coatings in short help enhance the surface properties of the medical devices. Due to the increasing spread of contact diseases, there is a huge demand for the medical device coatings in the healthcare sector. As the medical devices come in contact with the human body, there is a high demand for increasing the over- utility period of these devices in order to reduce the spread of various infection-related diseases. As per the study, the global medical device coatings market was priced about USD 8.1 Billion in 2015 which is anticipated to generate about USD 11.8 Billion by 2021 along with a growth CAGR of about 7.8% from 2016 to 2021.

The growing medical device industry in the various regions is expected to propel the global medical device coatings market growth. The other factors expected to boost the global market is the technological advancements along with the increasing demand for reduced invasive procedures. The fluctuating raw material prices, as well as the stringent government rules and regulations for the companies, are expected to restrain the growth of the global market. In addition to all this, the demand for the nano-coatings is likely to open new gates for the medical device coatings in the coming years.

The global medical device coatings market is bifurcated based on the end-user, and product. The end-user industry is divided into general surgery, neurology, orthopedics, gynecology, cardiovascular, dentistry, and others. The product segment is categorized into drug eluting coatings, anti-microbial coatings, hydrophilic coatings, anti-thrombogenic coatings, and other coatings.

Recently, in the preclinical studies, AMSilk has found out the reduced immunity-related side effects of the silicone breast implants when coated with spider silk-based coatings.

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Some of the leading players in global medical device coatings market include Royal DSM N.V., Hydromer Inc., BioCoat Inc., Covalon Technologies Ltd., Coatings2Go LLC, SurModics Inc., Harland Medical Systems Inc., Precision Coating Company Inc., Merit Medical Systems Inc., Hemoteq AG, PPG Industries Inc., and Sono-Tek Corporation.

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