Market Overview:
The global hydrophilic and hydrophobic coatings for medical market is expected to grow at a CAGR of 6.5% from 2018 to 2030. The growth in this market can be attributed to the increasing demand for minimally invasive surgeries, rising prevalence of chronic diseases, and technological advancements in the medical devices industry. The global hydrophilic coatings for medical market is segmented on the basis of type into hydrophilic and hydrophobic coatings. The hydrophobic coatings segment is expected to grow at a higher CAGR than the hydrophilic coating segment during the forecast period. This can be attributed to the growing demand for water-resistant medical devices such as catheters, balloons, guide wires, films, and others.
Product Definition:
A hydrophilic coating is a type of coating that causes a material to become more attracted to water. This is important for medical devices because it can help prevent them from becoming contaminated with bacteria and other organisms. A hydrophobic coating, on the other hand, causes a material to become less attracted to water, which can be useful in making sure that moisture doesn't cause damage or corrosion.
Hydrophilic:
Hydrophilic is a tendency of an object to take up or attract water. In comparison, hydrophobic is the tendency of an object to avoid taking up or attracting water. The two terms are often used interchangeably but there are differences between them. For instance, a protein that carries an amino acid side chain will tend to bind with water; this property can be termed hydrophilic as long as it does not bind with any other substance (such as oil).
Hydrophobic:
Hydrophobic coatings are used in the manufacturing of hydrophilic and hydrophobic coatings for medical. Hydrophobic coatings are also known as water repellents or wettables and comprise of a polymer base that is coated with an oil film to repel water.
Application Insights:
The others application segment accounted for the largest revenue share in 2017 and is anticipated to witness significant growth over the forecast period. The other applications include implants, stents, catheters, and balloons. Hydrophobic coatings are majorly used in catheters while hydrophilic coatings are used for balloon devices.
Balloon device coating is expected to be one of the fastest growing segments owing to increasing use of biodegradable products that decompose at a normal rate when they reach their destination or patient room. Balloon device coating finds various applications across different medical devices such as angioplasty equipment, cardiac pacemakers/implantable cardioverter-defibrillators (ICD), surgical tools including retractors & graspers and diagnostic imaging systems among others.
Regional Analysis:
Asia Pacific dominated the global market in 2017. This is attributed to increasing medical tourism and favorable government initiatives for the development of healthcare infrastructure. In addition, rising awareness regarding various advanced technologies such as hydrophilic coatings is expected to drive growth over the forecast period.
The Asia Pacific region comprises developing economies such as India, China, and Japan that are poised to witness rapid economic growth over the coming years. The growing population coupled with increased per capita income has led to an increase in demand for healthcare products including medical devices and equipment which will further boost industry expansion over the next eight years (2018-2027).
In 2016, North America accounted for a revenue share of more than 20% owing to high product adoption due mainly to technological advancements along with presence of major players operating within this region.
Growth Factors:
- Increasing demand for minimally invasive surgeries: The number of minimally invasive surgeries is increasing due to various benefits such as shorter hospital stays, reduced pain, and faster recoveries. This is driving the demand for medical coatings that can improve the performance of medical devices during these procedures.
- Growing use of coated stents in cardiovascular applications: Cardiovascular diseases are a leading cause of death worldwide. To prevent blockages in blood vessels, doctors often use stents – small metal tubes that are inserted into the body to keep arteries open. Coated stents have been shown to be more effective at preventing blockages than uncoated stents, making them a preferred choice for many physicians.
- Rising incidence of cancer: Cancer is becoming increasingly common around the world, and this is driving demand for better diagnostic tools and treatments including coatings that can improve their performance. For example, hydrophilic coatings can help reduce artifacts on X-rays used for diagnosing cancer, while hydrophobic coatings can help prevent tumors from metastasizing by reducing cell adhesion rates.
Scope Of The Report
Report Attributes
Report Details
Report Title
Hydrophilic and Hydrophobic Coatings for Medical Market Research Report
By Type
Hydrophilic, Hydrophobic
By Application
Catheters, Balloons, Guide Wires, Films, Others
By Companies
Aculon, Biocoat Inc., Formacoat, Jonsman Innovation ApS, Coatings2Go, Harland Medical Systems Inc., JenKem Technology, Hydromer, DSM, AdvanSource Biomaterials, Aculon, Nanoparticles Substrate
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
213
Number of Tables & Figures
150
Customization Available
Yes, the report can be customized as per your need.
Global Hydrophilic and Hydrophobic Coatings for Medical Market Report Segments:
The global Hydrophilic and Hydrophobic Coatings for Medical market is segmented on the basis of:
Types
Hydrophilic, Hydrophobic
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Catheters, Balloons, Guide Wires, Films, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Aculon
- Biocoat Inc.
- Formacoat
- Jonsman Innovation ApS
- Coatings2Go
- Harland Medical Systems Inc.
- JenKem Technology
- Hydromer
- DSM
- AdvanSource Biomaterials
- Aculon
- Nanoparticles Substrate
Highlights of The Hydrophilic and Hydrophobic Coatings for Medical Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Hydrophilic
- Hydrophobic
- By Application:
- Catheters
- Balloons
- Guide Wires
- Films
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Hydrophilic and Hydrophobic Coatings for Medical Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Hydrophilic coatings are those that attract water and hydrophobic coatings repel water. This is important for medical devices as they need to be able to move freely through the body without sticking or causing irritation.
Some of the major companies in the hydrophilic and hydrophobic coatings for medical market are Aculon, Biocoat Inc., Formacoat, Jonsman Innovation ApS, Coatings2Go, Harland Medical Systems Inc., JenKem Technology, Hydromer, DSM, AdvanSource Biomaterials, Aculon, Nanoparticles Substrate.
The hydrophilic and hydrophobic coatings for medical market is expected to register a CAGR of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Hydrophilic and Hydrophobic Coatings for Medical Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Hydrophilic and Hydrophobic Coatings for Medical Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Hydrophilic and Hydrophobic Coatings for Medical Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Hydrophilic and Hydrophobic Coatings for Medical Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Hydrophilic and Hydrophobic Coatings for Medical Market Size & Forecast, 2018-2028
4.5.1 Hydrophilic and Hydrophobic Coatings for Medical Market Size and Y-o-Y Growth
4.5.2 Hydrophilic and Hydrophobic Coatings for Medical Market Absolute $ Opportunity
Chapter 5 Global Hydrophilic and Hydrophobic Coatings for Medical Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Hydrophilic and Hydrophobic Coatings for Medical Market Size Forecast by Type
5.2.1 Hydrophilic
5.2.2 Hydrophobic
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Hydrophilic and Hydrophobic Coatings for Medical Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Hydrophilic and Hydrophobic Coatings for Medical Market Size Forecast by Applications
6.2.1 Catheters
6.2.2 Balloons
6.2.3 Guide Wires
6.2.4 Films
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Hydrophilic and Hydrophobic Coatings for Medical Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Hydrophilic and Hydrophobic Coatings for Medical Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Hydrophilic and Hydrophobic Coatings for Medical Analysis and Forecast
9.1 Introduction
9.2 North America Hydrophilic and Hydrophobic Coatings for Medical Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Hydrophilic and Hydrophobic Coatings for Medical Market Size Forecast by Type
9.6.1 Hydrophilic
9.6.2 Hydrophobic
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Hydrophilic and Hydrophobic Coatings for Medical Market Size Forecast by Applications
9.10.1 Catheters
9.10.2 Balloons
9.10.3 Guide Wires
9.10.4 Films
9.10.5 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Hydrophilic and Hydrophobic Coatings for Medical Analysis and Forecast
10.1 Introduction
10.2 Europe Hydrophilic and Hydrophobic Coatings for Medical Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Hydrophilic and Hydrophobic Coatings for Medical Market Size Forecast by Type
10.6.1 Hydrophilic
10.6.2 Hydrophobic
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Hydrophilic and Hydrophobic Coatings for Medical Market Size Forecast by Applications
10.10.1 Catheters
10.10.2 Balloons
10.10.3 Guide Wires
10.10.4 Films
10.10.5 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Hydrophilic and Hydrophobic Coatings for Medical Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Hydrophilic and Hydrophobic Coatings for Medical Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Hydrophilic and Hydrophobic Coatings for Medical Market Size Forecast by Type
11.6.1 Hydrophilic
11.6.2 Hydrophobic
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Hydrophilic and Hydrophobic Coatings for Medical Market Size Forecast by Applications
11.10.1 Catheters
11.10.2 Balloons
11.10.3 Guide Wires
11.10.4 Films
11.10.5 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Hydrophilic and Hydrophobic Coatings for Medical Analysis and Forecast
12.1 Introduction
12.2 Latin America Hydrophilic and Hydrophobic Coatings for Medical Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Hydrophilic and Hydrophobic Coatings for Medical Market Size Forecast by Type
12.6.1 Hydrophilic
12.6.2 Hydrophobic
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Hydrophilic and Hydrophobic Coatings for Medical Market Size Forecast by Applications
12.10.1 Catheters
12.10.2 Balloons
12.10.3 Guide Wires
12.10.4 Films
12.10.5 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Hydrophilic and Hydrophobic Coatings for Medical Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Hydrophilic and Hydrophobic Coatings for Medical Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Hydrophilic and Hydrophobic Coatings for Medical Market Size Forecast by Type
13.6.1 Hydrophilic
13.6.2 Hydrophobic
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Hydrophilic and Hydrophobic Coatings for Medical Market Size Forecast by Applications
13.10.1 Catheters
13.10.2 Balloons
13.10.3 Guide Wires
13.10.4 Films
13.10.5 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Hydrophilic and Hydrophobic Coatings for Medical Market: Competitive Dashboard
14.2 Global Hydrophilic and Hydrophobic Coatings for Medical Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Aculon
14.3.2 Biocoat Inc.
14.3.3 Formacoat
14.3.4 Jonsman Innovation ApS
14.3.5 Coatings2Go
14.3.6 Harland Medical Systems Inc.
14.3.7 JenKem Technology
14.3.8 Hydromer
14.3.9 DSM
14.3.10 AdvanSource Biomaterials
14.3.11 Aculon
14.3.12 Nanoparticles Substrate
