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    Home > Coatings News > Paints and Coatings Market > The global medical coatings market will reach US$15.15 billion by 2021.

    The global medical coatings market will reach US$15.15 billion by 2021.

    • Last Update: 2020-09-01
    • Source: Internet
    • Author: User
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    A new study published recently by Marketsand Markets, a research firm, points out that with the increasing global demand for medical facilities and increased awareness of the risk of infection transmission in medical facilities, the growing trend in demand for medical
    coatings
    is evident. Data show that the global medical coatings market will reach 15.15 billion U.S. dollars by 2021, with a compound annual growth rate of 7.04 percent.
    medical coatings are generally divided into two types:
    water-based
    and hydrophobic coatings. Depending on the performance requirements of the medical facility, the two types of coatings can be used alone or jointly. Hydromassage coatings are widely used in a variety of catheters, guides and other medical equipment, so that it has a lower coefficient of friction, better lubricity and durability.
    applications of medical coatings include: plastic surgery equipment, cardiovascular medical equipment, optical equipment, endoscopes, radiation medical equipment and so on. At present, a variety of new coatings have been developed to reduce friction with biological tissues in the above-mentioned medical facilities, and the above-mentioned new coatings have excellent coating, wetting, adhesion, wear resistance and flatness.
    , North America is currently the world's largest market for medical coatings and will continue until 2021. The European medical coatings market is growing slightly faster than the North American region, while the Asia-Pacific region will have the highest growth rate, but its market share is still lower than that of North America and Europe. The United States, Germany, China and Japan are both major manufacturers of medical products and major consumers of medical coatings, while China and India will be the main players in promoting the development of the global medical coatings market.
    companies involved in the medical coatings market worldwide include Royal DSM (Netherlands), Hydromer Inc. (U.S.), Surmodics Inc. (U.S.), AST Products Inc. (U.S.), Covalon Technologies Ltd. (Canada), Abbott Laboratories (U.S.), Precision Coatings Inc. (U.S.) etc.
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