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When it comes to preserving various sorts of medical devices used in hospitals, medical device coating is critical. These coatings improve the performance and agility of medical devices while also protecting them from microbial and other disease assault. It also has outstanding dielectric characteristics, thermal stability, and dry-film lubricity, among other things. Increasing demand for hydrophilic lubricious coatings in several cardiovascular and urology catheters, sheaths, and short-term implanted devices as it induces biocompatibility, as well as rising occurrences of ischemic heart disease, chronic obstructive pulmonary disease, and acute lower respiratory infections in children due to rising pollution levels.
Covid-19 impact analysis
Top Impacting factors
Increasing government spending and the rising number of COVID-19 cases around the world will drive demand for ventilators, cardiovascular devices, catheters, sutures, guide wires, stents, syringes, mandrels, and other protective equipment used in the medical industry. The demand for minimally invasive operations has increased as the prevalence of arthritis, cancer, and cardiovascular disorders has increased, all of which require sophisticated surgical treatment. This has increased the demand for lightweight medical equipment that can navigate through complex procedures, such as intravascular catheters, guidewires, balloon angioplasty catheters, delivery sheaths, and implant delivery systems. These devices are routinely employed in the cerebrovascular, cardiovascular, and peripheral vascular systems during minimally invasive treatments. They frequently include hydrophilic and hydrophobic coatings to facilitate insertion into small circulatory regions while minimizing tissue injury. Medical coatings, as a result, play a significant role in increasing cost efficiency and reduced time consumption, and they are extremely attractive. Manufacturing medical coatings includes significant upfront and ongoing costs. There are a number of old or expired patents in this market, and medical coating developers can't make new coatings based on earlier patents to avoid paying royalties. As a consequence, in order to get access to outmoded technologies, upfront payments are required. This aspect is limiting the market's expansion.
Market Trends
New products launched
Key Benefits of the Report
Questions answered in the medical coatings Report
Medical Coatings Market Report Highlights
Aspects | Details |
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By Material |
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By Coating type |
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By Application |
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By Region |
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Key Market Players | Merit Medical Systems Inc.,, Hydromer Inc, Precision Coating Co. Inc.,, Freudenberg Medical LLC, Koninklijke DSM NV, Surmodics Inc., Endura Coatings, Biocoat Inc., Harland Medical Systems Inc.,, Materion Corp |
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