The global medical grade coatings market is expected to grow at a CAGR of 5.5% during the forecast period, from 2021 to 2030. The growth of this market is attributed to the increasing demand for medical grade coatings in various applications such as general surgery, cardiology, neurology, gynaecology and orthopaedics.
The global medical grade coatings market by type is segmented into by material (PTFE, PVDF, silicone), formulation (water-based and solvent-based) and application (general surgery, cardiovascular, neurology). The water-based segment accounted for the largest share in 2018 owing to its low toxicity level and easy availability. Silicone was the second largest segment owing to its high durability and resistance against chemicals. Parylene was also a major contributor due to its high chemical resistance properties which make it suitable for use in various applications such as general surgery or cardiology.
North America accounted for the largest share of this market in 2018 due to higher adoption rates of new technologies among healthcare providers in this region coupled with increased awareness about safety standards among patients who are willing to pay more for quality products that are safe for their health. Europe followed North America with a significant share owing mainly due to stringent regulations on product quality coupled with an increase in government funding towards research & development activities related with medical devices which has led manufacturers towards developing innovative products that comply with these regulations.
Some Of The Growth Factors Of This Market:
- The growth of the medical grade coatings market is driven by factors such as increasing demand for high-quality and safe products in the healthcare industry, growing awareness about the benefits of using these products, and rising investments in research and development activities for developing new products with improved properties.
- Increasing demand for high-quality and safe products in the healthcare industry is one of the major drivers that are expected to fuel growth in this market during the forecast period from 2017 to 2022.This factor can be attributed mainly due to increasing awareness among consumers about health hazards associated with low-quality or unsafe products used in hospitals or other healthcare facilities, which has led them towards demanding higher quality standards from manufacturers across all industries including medical grade coatings manufacturers as well.
Industry Growth Insights published a new data on “Medical Grade Coatings Market”. The research report is titled “Medical Grade Coatings Market research by Types (By Material, PTFE, PVDF, Silicone, Parylene, Metals, Others (FEP, PFA, etc.), By Formulation, Water-Based, Solvent-Based), By Applications (General Surgery, Cardiovascular, Neurology, Gynaecology, Orthopaedics, Dentistry, Others (Ophthalmology, Paediatrics, etc.)), By Players/Companies DowDupont Inc, Royal DSM, Surmodics Inc, Hydromer Inc, Biocoat Inc, Precision Coating Co. Inc, AST Products Inc, Covalon Technologies Ltd, Harland Medical Systems Inc, Specialty Coatings Systems Inc, Medicoat Ag, Aculon Inc, Medtronic”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Medical Grade Coatings Market Research Report
By Type
By Material, PTFE, PVDF, Silicone, Parylene, Metals, Others (FEP, PFA, etc.), By Formulation, Water-Based, Solvent-Based
By Application
General Surgery, Cardiovascular, Neurology, Gynaecology, Orthopaedics, Dentistry, Others (Ophthalmology, Paediatrics, etc.)
By Companies
DowDupont Inc, Royal DSM, Surmodics Inc, Hydromer Inc, Biocoat Inc, Precision Coating Co. Inc, AST Products Inc, Covalon Technologies Ltd, Harland Medical Systems Inc, Specialty Coatings Systems Inc, Medicoat Ag, Aculon Inc, Medtronic
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
235
Number of Tables & Figures
165
Customization Available
Yes, the report can be customized as per your need.
Global Medical Grade Coatings Market Report Segments:
The global Medical Grade Coatings market is segmented on the basis of:
Types
By Material, PTFE, PVDF, Silicone, Parylene, Metals, Others (FEP, PFA, etc.), By Formulation, Water-Based, Solvent-Based
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
General Surgery, Cardiovascular, Neurology, Gynaecology, Orthopaedics, Dentistry, Others (Ophthalmology, Paediatrics, etc.)
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:
- DowDupont Inc
- Royal DSM
- Surmodics Inc
- Hydromer Inc
- Biocoat Inc
- Precision Coating Co. Inc
- AST Products Inc
- Covalon Technologies Ltd
- Harland Medical Systems Inc
- Specialty Coatings Systems Inc
- Medicoat Ag
- Aculon Inc
- Medtronic
Highlights of The Medical Grade Coatings 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:
- By Material
- PTFE
- PVDF
- Silicone
- Parylene
- Metals
- Others (FEP, PFA, etc.)
- By Formulation
- Water-Based
- Solvent-Based
- By Application:
- General Surgery
- Cardiovascular
- Neurology
- Gynaecology
- Orthopaedics
- Dentistry
- Others (Ophthalmology, Paediatrics, etc.)
- 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 Medical Grade Coatings 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?
Medical grade coatings are a type of coating that is used on medical devices to protect them from the environment and from contact with human skin. Medical grade coatings are made of materials that have been specifically chosen for their ability to resist damage from chemicals, water, and other elements.
Some of the major companies in the medical grade coatings market are DowDupont Inc, Royal DSM, Surmodics Inc, Hydromer Inc, Biocoat Inc, Precision Coating Co. Inc, AST Products Inc, Covalon Technologies Ltd, Harland Medical Systems Inc, Specialty Coatings Systems Inc, Medicoat Ag, Aculon Inc, Medtronic.
The medical grade coatings market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Medical Grade Coatings Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Medical Grade Coatings Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Medical Grade Coatings Market - Supply Chain
4.5. Global Medical Grade Coatings Market Forecast
4.5.1. Medical Grade Coatings Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Medical Grade Coatings Market Size (000 Units) and Y-o-Y Growth
4.5.3. Medical Grade Coatings Market Absolute $ Opportunity
5. Global Medical Grade Coatings Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Medical Grade Coatings Market Size and Volume Forecast by Type
5.3.1. By Material
5.3.2. PTFE
5.3.3. PVDF
5.3.4. Silicone
5.3.5. Parylene
5.3.6. Metals
5.3.7. Others (FEP, PFA, etc.)
5.3.8. By Formulation
5.3.9. Water-Based
5.3.10. Solvent-Based
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Medical Grade Coatings Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Medical Grade Coatings Market Size and Volume Forecast by Application
6.3.1. General Surgery
6.3.2. Cardiovascular
6.3.3. Neurology
6.3.4. Gynaecology
6.3.5. Orthopaedics
6.3.6. Dentistry
6.3.7. Others (Ophthalmology, Paediatrics, etc.)
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Medical Grade Coatings Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Medical Grade Coatings Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Medical Grade Coatings Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Medical Grade Coatings Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Medical Grade Coatings Demand Share Forecast, 2019-2026
9. North America Medical Grade Coatings Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Medical Grade Coatings Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Medical Grade Coatings Market Size and Volume Forecast by Application
9.4.1. General Surgery
9.4.2. Cardiovascular
9.4.3. Neurology
9.4.4. Gynaecology
9.4.5. Orthopaedics
9.4.6. Dentistry
9.4.7. Others (Ophthalmology, Paediatrics, etc.)
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Medical Grade Coatings Market Size and Volume Forecast by Type
9.7.1. By Material
9.7.2. PTFE
9.7.3. PVDF
9.7.4. Silicone
9.7.5. Parylene
9.7.6. Metals
9.7.7. Others (FEP, PFA, etc.)
9.7.8. By Formulation
9.7.9. Water-Based
9.7.10. Solvent-Based
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Medical Grade Coatings Demand Share Forecast, 2019-2026
10. Latin America Medical Grade Coatings Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Medical Grade Coatings Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Medical Grade Coatings Market Size and Volume Forecast by Application
10.4.1. General Surgery
10.4.2. Cardiovascular
10.4.3. Neurology
10.4.4. Gynaecology
10.4.5. Orthopaedics
10.4.6. Dentistry
10.4.7. Others (Ophthalmology, Paediatrics, etc.)
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Medical Grade Coatings Market Size and Volume Forecast by Type
10.7.1. By Material
10.7.2. PTFE
10.7.3. PVDF
10.7.4. Silicone
10.7.5. Parylene
10.7.6. Metals
10.7.7. Others (FEP, PFA, etc.)
10.7.8. By Formulation
10.7.9. Water-Based
10.7.10. Solvent-Based
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Medical Grade Coatings Demand Share Forecast, 2019-2026
11. Europe Medical Grade Coatings Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Medical Grade Coatings Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Medical Grade Coatings Market Size and Volume Forecast by Application
11.4.1. General Surgery
11.4.2. Cardiovascular
11.4.3. Neurology
11.4.4. Gynaecology
11.4.5. Orthopaedics
11.4.6. Dentistry
11.4.7. Others (Ophthalmology, Paediatrics, etc.)
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Medical Grade Coatings Market Size and Volume Forecast by Type
11.7.1. By Material
11.7.2. PTFE
11.7.3. PVDF
11.7.4. Silicone
11.7.5. Parylene
11.7.6. Metals
11.7.7. Others (FEP, PFA, etc.)
11.7.8. By Formulation
11.7.9. Water-Based
11.7.10. Solvent-Based
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Medical Grade Coatings Demand Share, 2019-2026
12. Asia Pacific Medical Grade Coatings Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Medical Grade Coatings Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Medical Grade Coatings Market Size and Volume Forecast by Application
12.4.1. General Surgery
12.4.2. Cardiovascular
12.4.3. Neurology
12.4.4. Gynaecology
12.4.5. Orthopaedics
12.4.6. Dentistry
12.4.7. Others (Ophthalmology, Paediatrics, etc.)
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Medical Grade Coatings Market Size and Volume Forecast by Type
12.7.1. By Material
12.7.2. PTFE
12.7.3. PVDF
12.7.4. Silicone
12.7.5. Parylene
12.7.6. Metals
12.7.7. Others (FEP, PFA, etc.)
12.7.8. By Formulation
12.7.9. Water-Based
12.7.10. Solvent-Based
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Medical Grade Coatings Demand Share, 2019-2026
13. Middle East & Africa Medical Grade Coatings Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Medical Grade Coatings Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Medical Grade Coatings Market Size and Volume Forecast by Application
13.4.1. General Surgery
13.4.2. Cardiovascular
13.4.3. Neurology
13.4.4. Gynaecology
13.4.5. Orthopaedics
13.4.6. Dentistry
13.4.7. Others (Ophthalmology, Paediatrics, etc.)
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Medical Grade Coatings Market Size and Volume Forecast by Type
13.7.1. By Material
13.7.2. PTFE
13.7.3. PVDF
13.7.4. Silicone
13.7.5. Parylene
13.7.6. Metals
13.7.7. Others (FEP, PFA, etc.)
13.7.8. By Formulation
13.7.9. Water-Based
13.7.10. Solvent-Based
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Medical Grade Coatings Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Medical Grade Coatings Market: Market Share Analysis
14.2. Medical Grade Coatings Distributors and Customers
14.3. Medical Grade Coatings Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. DowDupont Inc
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Royal DSM
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Surmodics Inc
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Hydromer Inc
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Biocoat Inc
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Precision Coating Co. Inc
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. AST Products Inc
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Covalon Technologies Ltd
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Harland Medical Systems Inc
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Specialty Coatings Systems Inc
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Medicoat Ag
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Aculon Inc
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Medtronic
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
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