Coatings Market for Medical Devices Industry by Application, Type, and Geography - Forecast and Analysis 2023-2027

Published: Oct 2023 Pages: 179 SKU: IRTNTR45208

Coatings Market For Medical Devices Industry Forecast 2023-2027

The coatings market for medical devices market size is forecast to increase by USD 3.9 billion, at a CAGR of 7.15% between 2022 and 2027. The market's expansion hinges on various factors, notably the heightened incidence of cancer, the imperative for cost reduction in drug exploration and advancement, and the escalating call for precision medicine. These facets collectively drive the trajectory of the market, fostering advancements in oncology diagnostics and treatments. With a growing emphasis on precision medicine, there's a parallel demand for innovative approaches that target specific molecular characteristics. This shift not only reflects the evolving landscape of healthcare but also underscores the urgency for streamlined drug discovery processes. As cancer cases continue to rise, the market responds by innovating cost-effective solutions while meeting the increasing demand for personalized therapeutic interventions.

What will be the Size of the Market During the Forecast Period?

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Market Segmentation

This market report extensively covers market segmentation by application (general surgery, cardiovascular, orthopedics, dentistry, and others), type (antimicrobial coating, drug-eluting coating, hydrophilic coating, and others), and geography (North America, Europe, APAC, Middle East and Africa, and South America). It also includes an in-depth analysis of drivers, trends, and challenges. Furthermore, the report includes historic market data from 2017 to 2021.

Market Dynamics and Customer Landscape

The market is driven by the increasing demand for high-quality healthcare solutions and the rising prevalence of pathogens and microbial factors. Key trends include advancements in nanotechnology-based products and a focus on thermal stability and dielectric properties for enhanced device performance. Challenges such as stringent regulatory requirements, technology licensing complexities, and the need for continuous innovation through mergers & acquisitions and strategic partnerships shape the landscape of this dynamic market. Achieving optimal dry-film lubricity and addressing diverse applications across neurology, orthopedics, general surgery, cardiovascular, dentistry, and gynecology remain pivotal in meeting evolving healthcare needs. Our researchers analyzed the data with 2022 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.

Key Market Driver

Growing demand for cardiovascular and orthopedic implants is one of the key factors driving the growth of the global coatings market for the industry. With the aging population, the demand for orthopaedic and cardiovascular implants has increased rapidly. Orthopedic joint replacement surgery includes knee and hip implants. For falls and arthrosis, orthopedic joint replacement is required. Osteoarthritis refers to joint inflammation due to cartilage degeneration, aging, genetics, or trauma. Orthopedic joint replacement implants are made of stainless steel, ceramic, or titanium with a coating of hydroxy hepatitis and ceramic materials.

Moreover, the demand for medical implants is increasing across the globe due to the rise in the number of patients suffering from cardiovascular, orthopedic, spinal cord, and dental diseases. The surging demand for implants will boost the growth of the market during the forecast period.

Significant Market Trends

Increased awareness of minimally invasive surgeries will fuel the global coatings market growth for the the industry. Minimally invasive surgery is becoming more popular in hospitals due to its advantages, such as smaller incisions, greater safety, less scarring, and faster recovery. Smaller incisions result in less skin and soft tissue damage, less risk of infection, and less blood loss. It is more comfortable than traditional surgery because the hospital stay is shorter. It takes two weeks to recover from minimally invasive surgery, while recovery from conventional surgery takes six to eight weeks. Minimally invasive surgery is on the rise due to its low cost, low chance of infection, and short recovery time.

Moreover, 3D printing technology in medical devices and implants is gaining importance due to its ability to manufacture devices matched to the patient's anatomy or patient's specific devices. This technology helps the patients to recover fast and decreases inpatient charges. The performance of devices is directly dependent on the functionality of the coatings applied to them. The increasing use of this recent technology is increasing the demand for device coatings to keep the tools, organs, and implants safe from corrosion, bacteria, and microbes, which is expected to boost the growth of the market during the forecast period.

Major Market Challenge

Stringent government regulations are the major challenge for the global coatings market growth for the medical devices industry. Governments and regulatory agencies impose strict regulations on coatings used in medical devices. Regulations vary by device, with higher-risk devices having stricter regulations. The US FDA has issued several regulations regarding the safety and efficacy of devices and coatings. 

Moreover, the medical device industries must fulfill the required regulations to enter the market. In addition, every country has made some rules and regulations for medical device manufacturers to enter the market. These regulations are the major challenge for OEMs to remain in the market. With the increasing number of cases, the regulations for the use of coatings in devices are expected to become more stringent. Thus, stringent regulations imposed on coatings used in devices may impede market growth during the forecast period.

Key Market Customer Landscape

The medical device coating market report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.

Market Customer Landscape

Who are the Major Market Players?

Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

Advanced Plating Technologies: The company offers coatings such as biocompatible duplex gold plating and electrolytic and electroless nickel plating for the medical device industry.

The medical device coating market report also includes detailed analyses of the competitive landscape of the market and information about 15 market companies, including:

  • Applied Medical Coatings LLC
  • AST Products Inc.
  • Biocoat Inc.
  • Covalon Technologies Ltd.
  • Endura Coatings
  • Freudenberg SE
  • Harland Medical Systems Inc.
  • HTI Technologies Inc.
  • Hydromer Inc.
  • Katahdin Industries
  • KISCO Ltd.
  • Koninklijke DSM NV
  • Materion Corp.
  • Medical Surface Inc.
  • Medicoat AG

Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.

What is the Fastest-Growing Segments in the Market Players?

The market is a diverse and dynamic sector that caters to a wide range of applications across various medical fields. Key components such as ventilators, catheters, cardiovascular devices, guide wires, sutures, syringes, and mandrels benefit significantly from advanced coatings. One of the critical aspects driving the demand for medical device coatings is the rising geriatric population and the subsequent need for early disease detection. Coatings play a crucial role in enhancing the performance of devices used in non-invasive treatments and ensuring high-quality healthcare standards are met. In the medical sector, coatings are designed to combat pathogens and microbial factors, providing devices with thermal stability, dielectric properties, and dry-film lubricity. These attributes are particularly important in applications related to neurology, orthopedics, general surgery, cardiovascular, dentistry, and gynecology.

The market share growth by the general surgery segment will be significant during the forecast period. The demand for surgeries is rising due to certain driving factors, such as the aging population, increasing birth rate, and advances in medical technologies. 

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The general surgery segment was valued at USD 2.40 billion in 2017 and continue to grow by 2021. Increased demand for surgery leads to increased use of medical devices such as forceps, spatulas, retractors, clamps, suction tubes, and needle holders, which are basic requirements for performing surgery. In addition, it uses advanced and expensive surgical instruments and surgical robots that require special coatings. Moreover, in the medical field, various types of devices are used for bariatric surgery, biopsy, cosmetic, endoscopy, gynecology, hernia repair, non-vascular stents, and surgical energy. The increased emphasis on early detection of diseases such as cancer is one of the factors driving the increase in surgical procedures, increasing the demand for coatings on common surgical instruments. Such factors will increase the market growth during the forecast period.

Which are the Key Regions for the Market?

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North America is estimated to contribute 37% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period. The market in this region is expected to grow significantly during the forecast period, owing to rising demand from the medical industry. The aging population, technological advances, and growing awareness of minimally invasive surgery are the major factors driving the market demand in these regions.

North America accounts for the largest share of total medical device sales. Demand for hydrophilic and antimicrobial coatings is expected to increase during the forecast period. Moreover, increased awareness about healthy lifestyles among the population has resulted in people undergoing regular tests and check-ups, which has increased hospital visits and surgeries, thereby increasing the demand for coatings for medical devices in the region. Such factors will increase the market growth in this region during the forecast period.

Segment Overview

The market report forecasts market growth by revenue at global, regional & country levels and provides a market growth analysis of the latest trends and growth opportunities from 2017 to 2027. 

  • Application Outlook 
    • General surgery
    • Cardiovascular
    • Orthopedics
    • Dentistry
    • Others
  • Type Outlook 
    • Antimicrobial coating
    • Drug-eluting coating
    • Hydrophilic coating
    • Others
  • Region Outlook 
    • North America
      • The U.S.
      • Canada
    • Europe
      • The U.K.
      • Germany
      • France
      • Rest of Europe
    • APAC
      • China
      • India
    • South America
      • Chile
      • Argentina
      • Brazil
    • Middle East & Africa
      • Saudi Arabia
      • South Africa
      • Rest of the Middle East & Africa

Market Analyst Overview

The market is experiencing significant growth attributed to factors such as the rising demand for ventilators, catheters, cardiovascular devices, guide wires, sutures, and syringes driven by the increasing geriatric population and focus on early disease detection. Advancements in non-invasive treatments, thermal stability, dielectric properties, and dry-film lubricity are enhancing medical sector offerings, ensuring high-quality healthcare. However, challenges like Hospital-acquired Infections (HAIs) and contaminated devices necessitate antimicrobial properties and hydrophilic coatings for devices like pacemakers to minimize risks like pneumonia and catheter-associated urinary tract infections.

Additionally, technologies such as nanotechnology-based products, waterborne coatings, and UV radiation-cured coatings are revolutionizing the sector, addressing concerns like pollution and Volatile Organic Compounds (VOCs) while promoting non-invasive therapies and ensuring sterilization, storage, cleaning, and wettability. The focus remains on providing quality healthcare with biological tissue compatibility and anti-thrombogenic properties, driving partnerships, mergers & acquisitions, and technology licensing for innovative solutions across neurology, orthopedics, and other medical applications.

Market Scope

Report Coverage

Details

Page number

179

Base year

2022

Historic period

2017-2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 7.15%

Market growth 2023-2027

USD 3.9 billion

Market structure

Fragmented

YoY growth 2022-2023(%)

6.98

Regional analysis

North America, Europe, APAC, Middle East and Africa, and South America

Performing market contribution

North America at 37%

Key countries

US, China, India, Germany, and UK

Competitive landscape

 Leading companies, Market Positioning of companies, Competitive Strategies, and Industry Risks

Key companies profiled

Advanced Plating Technologies, Applied Medical Coatings LLC, AST Products Inc., Biocoat Inc., Covalon Technologies Ltd., Endura Coatings, Freudenberg SE, Harland Medical Systems Inc., HTI Technologies Inc., Hydromer Inc., Katahdin Industries, KISCO Ltd., Koninklijke DSM NV, Materion Corp., Medical Surface Inc., Medicoat AG, Merit Medical Systems Inc., N2 Biomedical LLC, Sono Tek Corp., and Surmodics Inc.

Market dynamics

Parent market analysis, Market forecasting, Market growth inducers and obstacles, market forecast, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period.

Customization purview

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What are the Key Data Covered in this Market Research Report?

  • CAGR of the market during the forecast period.
  • Detailed information on factors that will drive the growth of the coatings market for the medical devices industry between 2023 and 2027
  • Precise estimation of the market size and its contribution to the market in focus to the parent market
  • Accurate predictions about upcoming market trends and changes in consumer behavior
  • Growth of the market across North America, Europe, APAC, Middle East and Africa, and South America
  • A thorough market research and growth analysis of the market’s competitive landscape and detailed information about companies
  • Comprehensive market growth and forecasting analysis of factors that will challenge the growth of the market players

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1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Application
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by Type
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 13: Market segments
  • 3.3 Market size 2022
    • 3.4 Market outlook: Forecast for 2022-2027
      • Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
      • Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

    4 Historic Market Size

    • 4.1 Global coatings market for medical devices industry 2017 - 2021
      • Exhibit 18: Historic Market Size – Data Table on Global coatings market for medical devices industry 2017 - 2021 ($ billion)
    • 4.2 Application Segment Analysis 2017 - 2021
      • Exhibit 19: Historic Market Size – Application Segment 2017 - 2021 ($ billion)
    • 4.3 Type Segment Analysis 2017 - 2021
      • Exhibit 20: Historic Market Size – Type Segment 2017 - 2021 ($ billion)
    • 4.4 Geography Segment Analysis 2017 - 2021
      • Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ billion)
    • 4.5 Country Segment Analysis 2017 - 2021
      • Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ billion)

    5 Five Forces Analysis

    • 5.1 Five forces summary
      • Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
    • 5.2 Bargaining power of buyers
      • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
    • 5.3 Bargaining power of suppliers
      • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
    • 5.4 Threat of new entrants
      • Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027
    • 5.5 Threat of substitutes
      • Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027
    • 5.6 Threat of rivalry
      • Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027
    • 5.7 Market condition
      • Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

    6 Market Segmentation by Application

    • 6.1 Market segments
      • Exhibit 30: Chart on Application - Market share 2022-2027 (%)
      • Exhibit 31: Data Table on Application - Market share 2022-2027 (%)
    • 6.2 Comparison by Application
      • Exhibit 32: Chart on Comparison by Application
      • Exhibit 33: Data Table on Comparison by Application
    • 6.3 General surgery - Market size and forecast 2022-2027
      • Exhibit 34: Chart on General surgery - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 35: Data Table on General surgery - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 36: Chart on General surgery - Year-over-year growth 2022-2027 (%)
      • Exhibit 37: Data Table on General surgery - Year-over-year growth 2022-2027 (%)
    • 6.4 Cardiovascular - Market size and forecast 2022-2027
      • Exhibit 38: Chart on Cardiovascular - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 39: Data Table on Cardiovascular - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 40: Chart on Cardiovascular - Year-over-year growth 2022-2027 (%)
      • Exhibit 41: Data Table on Cardiovascular - Year-over-year growth 2022-2027 (%)
    • 6.5 Orthopedics - Market size and forecast 2022-2027
      • Exhibit 42: Chart on Orthopedics - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 43: Data Table on Orthopedics - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 44: Chart on Orthopedics - Year-over-year growth 2022-2027 (%)
      • Exhibit 45: Data Table on Orthopedics - Year-over-year growth 2022-2027 (%)
    • 6.6 Dentistry - Market size and forecast 2022-2027
      • Exhibit 46: Chart on Dentistry - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 47: Data Table on Dentistry - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 48: Chart on Dentistry - Year-over-year growth 2022-2027 (%)
      • Exhibit 49: Data Table on Dentistry - Year-over-year growth 2022-2027 (%)
    • 6.7 Others - Market size and forecast 2022-2027
      • Exhibit 50: Chart on Others - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 51: Data Table on Others - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 52: Chart on Others - Year-over-year growth 2022-2027 (%)
      • Exhibit 53: Data Table on Others - Year-over-year growth 2022-2027 (%)
    • 6.8 Market opportunity by Application
      • Exhibit 54: Market opportunity by Application ($ billion)
      • Exhibit 55: Data Table on Market opportunity by Application ($ billion)

    7 Market Segmentation by Type

    • 7.1 Market segments
      • Exhibit 56: Chart on Type - Market share 2022-2027 (%)
      • Exhibit 57: Data Table on Type - Market share 2022-2027 (%)
    • 7.2 Comparison by Type
      • Exhibit 58: Chart on Comparison by Type
      • Exhibit 59: Data Table on Comparison by Type
    • 7.3 Antimicrobial coating - Market size and forecast 2022-2027
      • Exhibit 60: Chart on Antimicrobial coating - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 61: Data Table on Antimicrobial coating - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 62: Chart on Antimicrobial coating - Year-over-year growth 2022-2027 (%)
      • Exhibit 63: Data Table on Antimicrobial coating - Year-over-year growth 2022-2027 (%)
    • 7.4 Drug-eluting coating - Market size and forecast 2022-2027
      • Exhibit 64: Chart on Drug-eluting coating - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 65: Data Table on Drug-eluting coating - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 66: Chart on Drug-eluting coating - Year-over-year growth 2022-2027 (%)
      • Exhibit 67: Data Table on Drug-eluting coating - Year-over-year growth 2022-2027 (%)
    • 7.5 Hydrophilic coating - Market size and forecast 2022-2027
      • Exhibit 68: Chart on Hydrophilic coating - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 69: Data Table on Hydrophilic coating - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 70: Chart on Hydrophilic coating - Year-over-year growth 2022-2027 (%)
      • Exhibit 71: Data Table on Hydrophilic coating - Year-over-year growth 2022-2027 (%)
    • 7.6 Others - Market size and forecast 2022-2027
      • Exhibit 72: Chart on Others - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 73: Data Table on Others - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 74: Chart on Others - Year-over-year growth 2022-2027 (%)
      • Exhibit 75: Data Table on Others - Year-over-year growth 2022-2027 (%)
    • 7.7 Market opportunity by Type
      • Exhibit 76: Market opportunity by Type ($ billion)
      • Exhibit 77: Data Table on Market opportunity by Type ($ billion)

    8 Customer Landscape

    • 8.1 Customer landscape overview
      • Exhibit 78: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    9 Geographic Landscape

    • 9.1 Geographic segmentation
      • Exhibit 79: Chart on Market share by geography 2022-2027 (%)
      • Exhibit 80: Data Table on Market share by geography 2022-2027 (%)
    • 9.2 Geographic comparison
      • Exhibit 81: Chart on Geographic comparison
      • Exhibit 82: Data Table on Geographic comparison
    • 9.3 North America - Market size and forecast 2022-2027
      • Exhibit 83: Chart on North America - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 84: Data Table on North America - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 85: Chart on North America - Year-over-year growth 2022-2027 (%)
      • Exhibit 86: Data Table on North America - Year-over-year growth 2022-2027 (%)
    • 9.4 Europe - Market size and forecast 2022-2027
      • Exhibit 87: Chart on Europe - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 88: Data Table on Europe - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 89: Chart on Europe - Year-over-year growth 2022-2027 (%)
      • Exhibit 90: Data Table on Europe - Year-over-year growth 2022-2027 (%)
    • 9.5 APAC - Market size and forecast 2022-2027
      • Exhibit 91: Chart on APAC - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 92: Data Table on APAC - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 93: Chart on APAC - Year-over-year growth 2022-2027 (%)
      • Exhibit 94: Data Table on APAC - Year-over-year growth 2022-2027 (%)
    • 9.6 Middle East and Africa - Market size and forecast 2022-2027
      • Exhibit 95: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 96: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 97: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
      • Exhibit 98: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
    • 9.7 South America - Market size and forecast 2022-2027
      • Exhibit 99: Chart on South America - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 100: Data Table on South America - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 101: Chart on South America - Year-over-year growth 2022-2027 (%)
      • Exhibit 102: Data Table on South America - Year-over-year growth 2022-2027 (%)
    • 9.8 US - Market size and forecast 2022-2027
      • Exhibit 103: Chart on US - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 104: Data Table on US - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 105: Chart on US - Year-over-year growth 2022-2027 (%)
      • Exhibit 106: Data Table on US - Year-over-year growth 2022-2027 (%)
    • 9.9 Germany - Market size and forecast 2022-2027
      • Exhibit 107: Chart on Germany - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 108: Data Table on Germany - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 109: Chart on Germany - Year-over-year growth 2022-2027 (%)
      • Exhibit 110: Data Table on Germany - Year-over-year growth 2022-2027 (%)
    • 9.10 China - Market size and forecast 2022-2027
      • Exhibit 111: Chart on China - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 112: Data Table on China - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 113: Chart on China - Year-over-year growth 2022-2027 (%)
      • Exhibit 114: Data Table on China - Year-over-year growth 2022-2027 (%)
    • 9.11 UK - Market size and forecast 2022-2027
      • Exhibit 115: Chart on UK - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 116: Data Table on UK - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 117: Chart on UK - Year-over-year growth 2022-2027 (%)
      • Exhibit 118: Data Table on UK - Year-over-year growth 2022-2027 (%)
    • 9.12 India - Market size and forecast 2022-2027
      • Exhibit 119: Chart on India - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 120: Data Table on India - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 121: Chart on India - Year-over-year growth 2022-2027 (%)
      • Exhibit 122: Data Table on India - Year-over-year growth 2022-2027 (%)
    • 9.13 Market opportunity by geography
      • Exhibit 123: Market opportunity by geography ($ billion)
      • Exhibit 124: Data Tables on Market opportunity by geography ($ billion)

    10 Drivers, Challenges, and Trends

    • 10.1 Market drivers
      • 10.2 Market challenges
        • 10.3 Impact of drivers and challenges
          • Exhibit 125: Impact of drivers and challenges in 2022 and 2027
        • 10.4 Market trends

          11 Vendor Landscape

          • 11.1 Overview
            • 11.2 Vendor landscape
              • Exhibit 126: Overview on Criticality of inputs and Factors of differentiation
            • 11.3 Landscape disruption
              • Exhibit 127: Overview on factors of disruption
            • 11.4 Industry risks
              • Exhibit 128: Impact of key risks on business

            12 Vendor Analysis

            • 12.1 Vendors covered
              • Exhibit 129: Vendors covered
            • 12.2 Market positioning of vendors
              • Exhibit 130: Matrix on vendor position and classification
            • 12.3 Advanced Plating Technologies
              • Exhibit 131: Advanced Plating Technologies - Overview
              • Exhibit 132: Advanced Plating Technologies - Product / Service
              • Exhibit 133: Advanced Plating Technologies - Key offerings
            • 12.4 Applied Medical Coatings LLC
              • Exhibit 134: Applied Medical Coatings LLC - Overview
              • Exhibit 135: Applied Medical Coatings LLC - Product / Service
              • Exhibit 136: Applied Medical Coatings LLC - Key offerings
            • 12.5 AST Products Inc.
              • Exhibit 137: AST Products Inc. - Overview
              • Exhibit 138: AST Products Inc. - Product / Service
              • Exhibit 139: AST Products Inc. - Key offerings
            • 12.6 Biocoat Inc.
              • Exhibit 140: Biocoat Inc. - Overview
              • Exhibit 141: Biocoat Inc. - Product / Service
              • Exhibit 142: Biocoat Inc. - Key offerings
            • 12.7 Endura Coatings
              • Exhibit 143: Endura Coatings - Overview
              • Exhibit 144: Endura Coatings - Product / Service
              • Exhibit 145: Endura Coatings - Key offerings
            • 12.8 Freudenberg SE
              • Exhibit 146: Freudenberg SE - Overview
              • Exhibit 147: Freudenberg SE - Business segments
              • Exhibit 148: Freudenberg SE - Key news
              • Exhibit 149: Freudenberg SE - Key offerings
              • Exhibit 150: Freudenberg SE - Segment focus
            • 12.9 Harland Medical Systems Inc.
              • Exhibit 151: Harland Medical Systems Inc. - Overview
              • Exhibit 152: Harland Medical Systems Inc. - Product / Service
              • Exhibit 153: Harland Medical Systems Inc. - Key offerings
            • 12.10 HTI Technologies Inc.
              • Exhibit 154: HTI Technologies Inc. - Overview
              • Exhibit 155: HTI Technologies Inc. - Product / Service
              • Exhibit 156: HTI Technologies Inc. - Key offerings
            • 12.11 Hydromer Inc.
              • Exhibit 157: Hydromer Inc. - Overview
              • Exhibit 158: Hydromer Inc. - Business segments
              • Exhibit 159: Hydromer Inc. - Key offerings
              • Exhibit 160: Hydromer Inc. - Segment focus
            • 12.12 Katahdin Industries
              • Exhibit 161: Katahdin Industries - Overview
              • Exhibit 162: Katahdin Industries - Product / Service
              • Exhibit 163: Katahdin Industries - Key offerings
            • 12.13 KISCO Ltd.
              • Exhibit 164: KISCO Ltd. - Overview
              • Exhibit 165: KISCO Ltd. - Product / Service
              • Exhibit 166: KISCO Ltd. - Key offerings
            • 12.14 Koninklijke DSM NV
              • Exhibit 167: Koninklijke DSM NV - Overview
              • Exhibit 168: Koninklijke DSM NV - Business segments
              • Exhibit 169: Koninklijke DSM NV - Key news
              • Exhibit 170: Koninklijke DSM NV - Key offerings
              • Exhibit 171: Koninklijke DSM NV - Segment focus
            • 12.15 Materion Corp.
              • Exhibit 172: Materion Corp. - Overview
              • Exhibit 173: Materion Corp. - Business segments
              • Exhibit 174: Materion Corp. - Key offerings
              • Exhibit 175: Materion Corp. - Segment focus
            • 12.16 Merit Medical Systems Inc.
              • Exhibit 176: Merit Medical Systems Inc. - Overview
              • Exhibit 177: Merit Medical Systems Inc. - Business segments
              • Exhibit 178: Merit Medical Systems Inc. - Key offerings
              • Exhibit 179: Merit Medical Systems Inc. - Segment focus
            • 12.17 Surmodics Inc.
              • Exhibit 180: Surmodics Inc. - Overview
              • Exhibit 181: Surmodics Inc. - Business segments
              • Exhibit 182: Surmodics Inc. - Key news
              • Exhibit 183: Surmodics Inc. - Key offerings
              • Exhibit 184: Surmodics Inc. - Segment focus

            13 Appendix

            • 13.1 Scope of the report
              • 13.2 Inclusions and exclusions checklist
                • Exhibit 185: Inclusions checklist
                • Exhibit 186: Exclusions checklist
              • 13.3 Currency conversion rates for US$
                • Exhibit 187: Currency conversion rates for US$
              • 13.4 Research methodology
                • Exhibit 188: Research methodology
                • Exhibit 189: Validation techniques employed for market sizing
                • Exhibit 190: Information sources
              • 13.5 List of abbreviations
                • Exhibit 191: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              INFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases

              DATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts

              REPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape

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              coatings market for medical devices industry market

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              Key Questions Answered

              • What are the key global market and the regional market share?
              • What are the revenue-generating key market segments?
              • What are the key factors driving and challenging this market’s growth?
              • Who are the key market vendors and their growth strategies?
              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?

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