Research
Nester published a report titled “Medical
Coatings Market: Global Demand Analysis & Opportunity
Outlook 2031” which delivers
detailed overview of the global medical coatings market in terms of
market segmentation by type, application, and by region.
Further,
for the in-depth analysis, the report encompasses the industry growth
indicators, restraints, supply and demand risk, along with detailed discussion
on current and future market trends that are associated with the growth of the
market.
The
global medical coatings market is estimated to occupy a large amount of revenue
by growing at a CAGR of ~20% during the forecast
period, i.e., 2022 – 2031, ascribing to the rising awareness regarding
healthcare-associated infections (HCAIs), and increasing usage of minimally
invasive surgical procedures conducted worldwide. Along with these, growing
demand for lightweight medical equipment, and mounting requirement for quality
healthcare are also expected to drive the growth of the market in the upcoming
years.
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The
market is segmented by type and application. Based on type, the anti-microbial
segment is anticipated to acquire the largest share during the forecast period
in view of the high compatibility of this coating with a variety of materials, including
carbon fiber, plastic and metal. Additionally, by application, the medical
device segment is projected to observe notable growth over the forecast period
attributing to the increasing usage of medical devices in developing countries,
such as China and India.
Geographically,
the global medical coatings market is segmented into five major regions, namely
North America, Europe, Latin America, Asia Pacific, and the Middle East &
Africa. Asia Pacific is evaluated to witness noteworthy growth in the market
during the forecast period attributing to the escalating number of hospitals,
and surging adoption of advanced surgical treatments in the region. Moreover,
the market in North America is assessed to acquire the largest share over the
forecast period on the back of the strong footprint of market players, and high
healthcare expenditure in the region.
The
research is global in nature and covers detailed analysis on the market in
North America (U.S., Canada), Europe (U.K., Germany, France, Italy, Spain,
Hungary, Belgium, Netherlands & Luxembourg, NORDIC [Finland, Sweden,
Norway, Denmark], Poland, Turkey, Russia, Rest of Europe), Latin America
(Brazil, Mexico, Argentina, Rest of Latin America), Asia-Pacific (China, India,
Japan, South Korea, Indonesia, Singapore, Malaysia, Australia, New Zealand,
Rest of Asia-Pacific), Middle East and Africa (Israel, GCC [Saudi Arabia, UAE,
Bahrain, Kuwait, Qatar, Oman], North Africa, South Africa, Rest of Middle East
and Africa). In addition, analysis comprising market size, Y-O-Y growth &
opportunity analysis, market players’ competitive study, investment opportunities,
demand for future outlook etc. has also been covered and displayed in the
research report.
Browse full Report summary: - https://www.researchnester.com/reports/medical-coatings-market/3897
Rising
Utilization of Minimally Invasive Surgeries Globally to Drive Market Growth
The
growing number of cases of diseases, such as cancer, arthritis and cardiovascular
disorders, that require complex surgical treatment, is predicted to raise the
demand for minimally invasive procedures. It is anticipated to boost the
consumption of lightweight medical devices, that often have medical coating for
easy insertion into narrow vascular areas. This in turn is assessed to drive
significant market growth in the near future.
However, volatility
in the costs of raw materials is expected to operate as key restraint to the
growth of the global medical coatings market over the forecast period.
This
report also provides the existing competitive scenario of some of the key
players of the global medical coatings market which includes company profiling
of Koninklijke DSM N.V., Biocoat Inc., Endura Coatings, Freudenberg Medical
LLC, Harland Medical Systems Inc., Hydromer Inc., Materion Corp., Merit Medical
Systems Inc., Precision Coating Co. Inc., Surmodics Inc., and others. The
profiling enfolds key information of the companies which encompasses business
overview, products and services, key financials and recent news and
developments. On the whole, the report depicts detailed overview of the global medical
coatings market that will help industry consultants, equipment manufacturers,
existing players searching for expansion opportunities, new players searching
possibilities and other stakeholders to align their market centric strategies
according to the ongoing and expected trends in the future.
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Report Sample@ https://www.researchnester.com/sample-request-3897
Research Nester is a leading service provider for
strategic market research and consulting. We aim to provide unbiased,
unparalleled market insights and industry analysis to help industries,
conglomerates and executives to take wise decisions for their future marketing
strategy, expansion and investment etc. We believe every business can expand to
its new horizon, provided a right guidance at a right time is available through
strategic minds. Our out of box thinking helps our clients to take wise
decision in order to avoid future uncertainties.
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