The report "Medical Coatings Market by Coating Type (Active, Passive), Material Type (Polymers, Metals), Application (Medical Devices, Medical Implants, Medical Equipment & Tools, Protective Clothing), And Region – Global Forecast To 2025", The global medical coatings market size is expected to grow from USD 6.0 billion in 2020 to USD 15.2 billion by 2025, at a CAGR of 20.5% during the forecast period. The major factor driving the medical coatings market is the increase in rising income levels in emerging economies, a growing percentage of the geriatric population, and increasing use of home healthcare facilities are the other major drivers for the market.
Get PDF brochure of the report:
https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=76047356
Browse 101 market data tables and 39 figures spread through 192 pages and in-depth TOC on "Medical Coatings Market
Passive medical to be the largest coating type segment.
The passive coatings segment accounts for the largest share of the overall market. Hydrophilic coatings are widely used on guidewires, catheters, and introducer sheaths to lower friction coefficient. These coatings have properties such as lubricity, durability, low friction coefficient, and low particulate count. Hydrophobic coatings are water- or fluid-repellent and hence suitable for medical equipment. Minimal invasion and easy insertion of medical devices in biological openings offered by the hydrophilic coatings and excellent water repellent properties exhibited by the hydrophobic coatings are responsible for the large market size of passive medial coatings.
Polymers to be the fastest-growing material type segment.
Polymer-based medical coatings are used in medical devices, medical equipment & tools, protective clothing, and medical implants. They are necessary to optimize durability and corrosion resistance while minimizing the coefficient of friction. Major subtypes of polymer coatings used on medical devices, medical implants, and other applications are fluoropolymers, silicone, parylene, and polyurethanes. Easy availability, low cost, optimum performance, multifunctionality, and low particulate technology are boosting the polymer-based medical coatings market.
Medical devices to be the fastest-growing application segment.
The medical coatings market is segmented based on application into medical devices, medical implants, medical equipment & tools, protective clothing, and others. The medical devices segment accounted for the largest market share in 2019. Increased use of medical devices in the emerging economies, such as China and India, has led to the high growth of the market. The pandemic has further increased the demand for medical devices, such as catheters, guidewires, endotracheal tubes, positive pressure breathing devices, in-vitro diagnostic devices, cannulas, ventilators, ventilator accessories, infusion pumps, respirators, and other devices.
APAC to grow with the fastest CAGR during the forecast period.
APAC is projected to lead the medical coatings market during the forecast period. The growing population, rising percentage of the geriatric population, augmenting healthcare investments, and increasing income levels in the region are the major drivers for the medical coatings market in the region. The healthcare industry in APAC has been experiencing positive transformations in the healthcare system in terms of healthcare infrastructure and public-private partnerships. These factors are also responsible for the highest CAGR of the market in the region.
Between 2019 and 2020, the medical coatings market has observed a high growth rate due to COVID-19 and the increased demand across the world. The demand for medical devices and supplies, such as ventilators, personal protective equipment (PPE), respirators, and protective clothing, is on the rise to combat COVID-19. This is propelling the demand for antimicrobial, anti-fog, hydrophilic, and hydrophobic coatings. However, the demand for medical coatings used on implants is expected to grow with CAGR less than that of medical devices. As an overall result of the impact on demand for different applications, the medical coatings market is expected to witness a positive impact in 2020.
The medical coatings market comprises major players such as DSM (Netherlands), Hydromer (US), Surmodics (US), Biocoat (US), AST Products (US), Covalon Technologies (Canada), Harland Medical Systems (US), Applied Medical Coatings (US), Freudenberg (US), and Merit Medical OEM (US).
Early buyers will receive 10% free customization on this report.
Don't miss out on business opportunities in the 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
About MarketsandMarkets
MarketsandMarkets is the largest market research firm worldwide in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications.
Contact:
Mr. Sanjay Gupta
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: 1-888-600-6441
[email protected]
The report "Polyurethane Market by Raw Material (MDI, TDI, Polyols), Product (Coatings, Adhesives & Sealants, Flexible & Rigid Foams, Elastomers), End User (Building & Construction, Automotive & Transportation, Bedding & Furniture) - Global Forecast to 2021", The market is driven by the increasing trend in manufacturing light weight & low carbon emitting vehicles and the improved living standards.
Get PDF brochure of the report: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=151784541 Browse 114 market data tables and 52 figures spread through 183 pages and in-depth TOC on “Polyurethane Market” Bedding & Furniture: Largest End-User of the Polyurethane MarketIn 2015, the bedding & furniture end-use industry accounted for the largest market share in terms of volume, followed by the building and construction, appliances & white goods and automotive & transportation end-users.
The growing urbanization and the improved living standards of the populations, increasing usage of low cost material in the insulation of buildings, and white goods drives the polyurethane market.
Rigid Foam: The Fastest-growing Product Type Segment of the Polyurethane MarketRigid foam products based on polyurethane systems are estimated to grow at the highest CAGR from 2016 to 2021, in terms of volume.
The excellent properties of rigid foam products such as, easy availability, low cost, recyclability, and easy to use, are driving the demand for this segment.
However, India and Thailand are the fastest-growing markets for polyurethane in the region.The following factors are the main driving forces for the polyurethane market in the Asia-Pacific region:The increasing residential building & construction activities are driving the market in the Asia-Pacific region Growing automotive manufacturing activities are expected to drive the demand for polyurethane in the ASEAN countries Covestro AG (Germany), BASF SE (Germany), The Dow Chemical Company (U.S.), Wanhua Chemical Group Co. Ltd. (China), and Huntsman Corporation (U.S.) are the key players in the polyurethane market.
The Business Research Company published its Propylene Global Market Report 2020 which provides strategists, marketers and senior management with the critical information they need to assess the global propylene market.
The report covers the propylene market’s segments- by end-use industry into automotive, construction, packaging, textile, others.View Complete Report: https://www.thebusinessresearchcompany.com/report/propylene-global-market-reportPropylene Global Market Report 2020 is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies.
The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country.
It covers all the regions, key developed countries and major emerging markets.
The major regions included in the report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
The propylene market consists of sales of propylene gas and its related services used in various industry verticals such as automotive, construction, and packaging industries.
Asia-Pacific drug safety solutions and pharmacovigilance market is projected to register a substantial CAGR in the forecast period of 2019 to 2026.Drug safety and pharmacovigilance was introduced 170 years ago for detection, assessment, and understanding of the drug action.
The experiment was discovered by Sir James Simpson that chloroform was a powerful anesthetic and for safer use it can be applied in the clinical practices.
The cause of Hannah’s death was studied in order to understand what happened to Hannah as it was difficult to assess the cause of her death and it was assumed that probably lethal arrhythmia or pulmonary aspiration was the main reason leading to such unfavourable situation.
Additionally, in 1961, the U.S. FDA also prohibited false therapeutic indications of drugs.Also, in 1961, European Pharmacovigilance was established after the tragedy of thalidomide which caused an adverse drug reaction named as phocomelia.
In the U.S., ADRs are among the top 10 causes of death, and in the U.K., it was observed that ADRs may cause 5,700 deaths per year.Get More Insights about Asia-Pacific drug safety solutions and pharmacovigilance market, Request Sample @ https://www.databridgemarketresearch.com/request-a-sample/?dbmr=asia-pacific-drug-safety-solutions-and-pharmacovigilance-marketSegmentation: Asia-Pacific Drug Safety Solutions and Pharmacovigilance MarketAsia-Pacific drug safety solutions and pharmacovigilance market is segmented into three notable segments which are type, end user and distribution channel.· On the basis of type, the market is segmented into software and services· On the basis of end user, the market is segmented into hospitals, healthcare providers, pharmaceutical & biotechnology industries, KPOs/BPOs, contract research organizations (CROS) and others· On the basis of distribution channel, the market is segmented into direct sales and retail salesKnow more about this report https://www.databridgemarketresearch.com/reports/asia-pacific-drug-safety-solutions-and-pharmacovigilance-marketAsia-Pacific Drug Safety Solutions and Pharmacovigilance Market By Type (Software, Services), End Users (Biotechnology & Pharmaceuticals, Contract Research Organizations (CROS), Hospitals, KPOs/BPOs, Healthcare Providers), Distribution Channel (Direct Sales, Retail Sales), Country (China, Japan, South Korea, India, Australia, Singapore, Thailand, Malaysia, Indonesia, Philippines, Vietnam, Rest of Asia-Pacific) – Industry Trends and Forecast to 2026Competitive Analysis: Asia-Pacific Drug Safety Solutions and Pharmacovigilance MarketSome of the major players operating in Asia-Pacific drug safety solutions and pharmacovigilance market are Pharmaceutical Product Development, LLC, Drug Safety Solutions Limited, C3i, Worldwide Clinical Trials, Bioclinica, United Biosource LLC, Ennov, AB Cube, Covance Inc., Accenture, PRA Health Sciences, Inc., Ergomed, IQVIA, Genpact, Cognizant, Parexel International Corporation, ArisGlobal, ICON plc, Oracle, Syneos Health among others.Get Access Report @ https://www.databridgemarketresearch.com/checkout/buy/singleuser/asia-pacific-drug-safety-solutions-and-pharmacovigilance-marketRecent DevelopmentsIn November 2019, Oracle launched safety-reporting platform in China with dMed Biopharmaceuticals.
The company will provide pharmacovigilance systems to Chinese drug makers and clinical research organisations (CROs).
