iCrowd Newswire
18 May 2022, 00:32 GMT+10
The Allied Market Research published a report on Medical Device Coating Market 2021-2030, Interesting fact and figures (CAGR, Global Size, Shares and Revenue with Business Growth Support and Market Value and Volume with Supply Demand Scenario and Pipeline Projects). The global medical device coating market was valued at $7,280 million in 2020 and is projected to reach $12,705 million by 2030 registering a CAGR of 6.8% from 2021 to 2030.
Download Report Sample with Industry Insights @ https://www.alliedmarketresearch.com/request-sample/2603
Drivers, restraints, and opportunities-
The fact that antimicrobial properties of medical device coatings can help prevent the spread of HAIs drives the global medical device coating market. On the other hand, strict government implications in this field impede the growth to some extent. However, factors such as advancement & emergence of novel medical devices, increase in demand for implantable devices, and surge in disposable income of the global population are expected to create lucrative opportunities in the industry.
The metals segment to lead the trail-
On the basis of material type, the metals segment generated the highest share in 2020, holding more than three-fourths of the global medical device coating market. The same segment is also expected to cite the fastest CAGR of 7.4% from 2021 to 2030. This is attributed to biocompatibility and surface modification qualities.
The hydrophilic segment to maintain the lion's share-
On the basis of coatings type, the hydrophilic segment accounted for the highest market share in 2020, generating more than four-fifths of the global medical device coating market. The same segment is also anticipated to cite the fastest CAGR of 7.1% from 2021 to 2030, due to its non-thrombogenic nature and resistance to abrasion.
Major key players operating in the medical device coating market include, AST Products, Inc., Bayer Ag, Biocoat Incorporated, Covalon Technologies Ltd., Harland Medical Services, Hydromer Inc, Kisco Ltd., Precision Coating, Surmodics Inc., and Royal DSM.
North America to dominate by 2030-
On the basis of region, North America contributed to the major market share in terms of revenue 2020, holding around one-third of the global medical device coating market, owing to rise in cases of hospital acquired infections (HAI) in the region. Asia-Pacific, however, is projected to cite the fastest CAGR of 7.8% from 2021 to 2030, due to surge in enhanced surgical practices and technological advancements in the province.
Key Findings Of The Study
For More Information: https://www.alliedmarketresearch.com/medical-device-coatings-market
About Us:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
Tags: Medical Device Coating Market share, Medical Device Coating Market Research Report, Medical Device Coating Market Trends, Medical Device Coating Market Size, Medical Device Coating Market
See Campaign: https://www.alliedmarketresearch.com/medical-device-coatings-market
David Correa 5933 NE Win Sivers Drive #205, Portland, OR 97220 United States USA/Canada (Toll Free): +1-800-792-5285, +1-503-894-6022, +1-503-446-1141 UK: +44-845-528-1300 Hong Kong: +852-301-84916 India (Pune): +91-20-66346060 Fax: +1(855)550-5975 [email protected] Web: https://www.alliedmarketresearch.com
Tags:PR-Wirein, Financial Content, iCN Internal Distribution, Research Newswire, EnglishGet a daily dose of International Technology news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to International Technology.
More InformationBASTROP, Texas: In a surprising turn at Elon Musk's X platform, CEO Linda Yaccarino announced she is stepping down, just months after...
CULVER CITY, California: TikTok is preparing to roll out a separate version of its app for U.S. users, as efforts to secure a sale...
By Saurabh Joshi Gadchiroli (Maharashtra) [India], July 12 (ANI): The Gadchiroli Police have set up 71 libraries across the district...
Superball Keno is a fun and exciting game that many players enjoy. You can play it for real money at Red Dog Casino. This review explains...
Bhopal (Madhya Pradesh) [India], July 11 (ANI): Madhya Pradesh Chief Minister Mohan Yadav distributed free bicycles to class 6th and...
BEIRUT, July 10 (Xinhua) -- China's continued development has not only brought profound benefits to its own people but also offered...
BASTROP, Texas: In a surprising turn at Elon Musk's X platform, CEO Linda Yaccarino announced she is stepping down, just months after...
CULVER CITY, California: TikTok is preparing to roll out a separate version of its app for U.S. users, as efforts to secure a sale...
Varanasi (Uttar Pradesh) [India], July 12 (ANI): Ahead of the first Monday of the holy month of Sawan, security arrangements have been...
New Delhi [India], July 12 (ANI): Prime Minister Narendra Modi on Saturday distributed over 51,000 appointment letters to newly appointed...
Ramban(Jammu and Kashmir) [India], July 12 (ANI): Four people lost their lives and two others sustained injuries in a road accident...
New Delhi [India], July 12 (ANI): Prime Minister Narendra Modi is set to distribute more than 51,000 appointment letters to newly appointed...