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Medical Device Coatings Market- Global Industry Analysis, Size, Growth and Forecast 2014 - 2020

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Transparency Market
Research
Medical Device Coatings Market - Global Industry
Analysis, Size, Share, Growth, Trends and Forecast
2014 - 2020

Published Date
07-April-2015

102 Page Report

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Press Release

Asia Pacific to Drive Global Medical Device Coatings Market at
7.4% CAGR from 2014 to 2020 : TMR
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Medical Device Coatings Market

REPORT DESCRIPTION

Medical Device Coatings Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast
2014 - 2020
China has emerged as a major market for medical device coatings and has become the primary force driving
the global market, states Transparency Market Research in its recent report. The study, titled “Medical Device
Coatings Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020”, indicates
that developing at a healthy CAGR of 7.4% from 2014 to 2020, the global medical device coatings market is
likely to grow from US$6.63 billion in 2013 to US$10.93 billion by 2020.The alarming occurrence of epidemic
diseases, increasing awareness regarding hygiene, and expanding global population has fueled the growth of
the medical device coatings market. However, stringent government regulations and volatility of raw material
prices are likely to restrain this market over the next five years. On the basis of product, the medical device
coatings market is segmented into hydrophilic coatings, anti-microbial coatings, drug-eluting coatings, and
others such as anti-thrombogenic coatings. With a 40% share in 2013, anti-microbial coatings dominated the
medical device coatings market, while hydrophilic coatings are expected to be the most rapidly growing
product segment by the end of the forecast period.
Browse the full Medical Device Coatings Market - Global Industry Analysis, Size, Share, Growth,...

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