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Opportunities in the North American Medical Device Coatings Market

  • September 2014
  • 82 pages
  • Frost & Sullivan
Report ID: 2390323

Summary

Table of Contents

Increasing Diseases, Infections, and Invasive Surgeries Steer Growth

This deliverable identifies the major industry drivers, restraints, technologies, and regulatory trends in the North American medical device coatings market. It provides an in-depth analysis of anti-microbial, drug eluting, lubricious, protective, and anti-thrombogenic coatings. Further analyzed are the key chemistries used in formulating each of these coatings. Competitive assessment, company profiles, and product matrices are provided at the total market level. Revenue forecasts are presented at both the market and segment level. The base year is 2013, and the forecast period ends in 2020.

Key Findings
-The North American medical device coatings market revenue was estimated at $ million in 2013 and is forecast to grow at a compound annual growth rate (CAGR) of % between 2013 and 2020.
-Anti-microbial coatings hold the largest share in the medical device coatings market followed by the drug-eluting coatings segment.
-The North American medical device coatings market revenue is forecast to reach $million by 2020.
-The anti-microbial coatings segment is expected to continue dominating the medical device coatings landscape with a CAGR of % between 2013 and 2020.
-The medical device coatings market is dynamic with market participants striving to develop high performing products at competitive prices.
-Working closely with device/equipment manufacturers remains critical for coating manufacturers to stay ahead of competition in the marketplace.
-Increasing incidence of hospital-acquired diseases along with rising cardiovascular disorders in North America steer the growth of coating segments such as anti-microbial and drug-eluting coatings.
-Advancements along developing nano-coatings and multifunctional coatings present growth opportunities.

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