Medical coatings refer to thin layers of materials applied to medical devices or implants to modify their surface properties, enhance performance, and improve biocompatibility. These coatings serve various purposes such as reducing friction, preventing corrosion, enabling drug delivery, promoting tissue integration, and inhibiting bacterial adhesion. They play a critical role in medical device manufacturing, ensuring the safety, efficacy, and longevity of implants and equipment used in healthcare settings.
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The global medical coatings market size is projected 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 factors driving the market are the rising income levels in emerging economies, a growing percentage of the geriatric population, and the increasing use of home healthcare facilities.
North America is the most important market for medical coatings, accounting for more than 40% of the global market. Growing demand for biocompatible and antimicrobial products, as well as increased investments in healthcare infrastructure, are driving growth in the region. Furthermore, the presence of established and innovative manufacturers in the region is propelling the medical coatings market forward. The region’s key countries are the United States, Canada, and Mexico.
Medical Coatings Market Segments:
Based on coating type:
- Active coatings
- Passive coatings
Based on material type:
- Polymers
- Metals
- Others
Based on the application:
- Medical Devices
- Medical Implants
- Medical Equipment & Tools
- Protective Clothing
- Others
The major players in the medical coatings market include 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). These players have adopted various growth strategies to expand their presence in the market further. New product launch, agreement & collaboration, merger & acquisition, partnership, and investment & expansion have been the leading strategies adopted by the major players in the last five years to strengthen their competitiveness and broaden their customer base in the global medical coatings market.
Hydromer is the largest player operating in the medical coatings market. The company offers a wide range of medical coatings for various applications, such as stents, dental implants, orthopedic devices, tunneling catheter fixation, pacemaker fixation, ocular catheter fixation, and other medical device applications. The company has adopted partnership, agreement, and investment & expansion strategies to broaden its product portfolio and maintain its position in the market.
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DSM is one of the largest producers of medical coatings in the world. The company offers a wide range of medical coatings. It has a portfolio that suits various medical device applications such as introducer sheaths, guidewires, access systems, guiding catheters, diagnostic catheters, balloon catheters, thrombectomy devices, aspiration catheters, neurovascular catheters, stent delivery systems, stent-graft delivery systems, heart valve delivery systems, foley catheters, and intermittent catheters. In recent years, DSM has adopted partnership as a key business strategy to strengthen its position in the market and maintain its leading position in the medical coatings market.
In January 2016, DSM Biomedical partnered with Vention Medical, a global integrated solutions partner. The partnership offers integration of development, testing, and application of DSM’s ComfortCoat coating into the catheter manufacturing process. This development eliminates the need to transfer finished products to another supplier for development and coating application services.
