(EMAILWIRE.COM, December 11, 2019 ) The report "Medical Coatings Market by Type (Hydrophilic and Hydrophobic Coating), Application (Medical Devices, Implants, Medical Equipment & Tools), and Region (Asia-Pacific, Central & Eastern Europe, North America, Western Europe and RoW) - Global Forecast to 2021", The global medical coatings market is projected to reach USD 15.15 Billion by 2021 at CAGR of 7.04% from 2016 to 2021. This high growth is fueled by increasing awareness about healthcare facilities and healthcare acquired infections globally.

Download PDF brochure of the Report @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=76047356

Hydrophilic Coatings-key coating type for medical coatings

The medical coatings 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. Hydrophilic coatings are widely used on medical products such as; guide wires, catheters, and introducer sheaths to lower the friction coefficient. The demand for hydrophilic coatings is high due to properties such as lubricity, durability, low friction coefficient, and low particulate count.

Medical Devices: Major application of the medical coatings market

Medical devices broadly include orthopedic devices, cardiovascular devices, optical devices, endoscopic devices, radiological devices, and others. Several new coating technologies are being developed for application to these devices, to reduce the friction between the device and the tissue, and provide good surface coverage, wetting, uniform adhesion, wear-resistance and coating homogeneity. The developing medical coatings market in China and India is projected to boost the global medical device coatings market.

Don't miss out on business opportunities in Medical Coatings Market. Speak to Our Analyst and gain crucial industry insights that will help your business grow. https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=76047356

Browse in-depth TOC on “Medical Coatings Market”
151 - Market Data Tables
42 - Figures
175 - Pages

North America and Europe together are expected to account for around 70% of the medical coatings market, in terms of value, by 2021

North America is the largest market for medical coatings currently and the trend is expected to continue till 2021. The European medical coatings market is expected to show a slightly higher growth rate than the North American market. The Asia-Pacific market is expected to show the highest growth rate but the market share is currently lower than that in North America and Europe. The U.S., Germany, China, and Japan are the manufacturing hubs of medical products in the world and are major consumers of medical coatings.

Companies such as Royal DSM (Netherlands), Hydromer Inc. (U.S.), Surmodics Inc. (U.S.), AST Products Inc. (U.S.), and Covalon Technologies Ltd. (Canada), Abbott Laboratories (U.S.), Precision Coatings Inc. (U.S.) are the dominant market players in the global medical coatings market.

Get this report @ https://www.marketsandmarkets.com/Purchase/purchase_reportNew.asp?id=76047356

Bundle Reports:
• Hydrophilic Coating Market
• Medical Adhesive Market
• Medical Plastics Market
• Medical Tubing Market
Get Special Pricing on Bundle Reports: https://www.marketsandmarkets.com/RequestBundleReport.asp?id=76047356

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

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. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledge Store” 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.

Contact Information:
MarketsandMarkets™
Mr. Shelly Singh
Tel: 1-888-600-6441
Email us


----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results