inclination of population towards minimally invasive medical procedures is a major factor driving
the growth of the medical coating market. According to American Society of Plastic Surgeons
(ASPS), cosmetic procedures continues to grow over the last year and there is shift in the type of
procedure patients choose from conventional medical practice to preferable use of minimally
invasive medical procedure. In the U.S., minimally invasive cosmetic procedures performed in 2015
has increased by 2% as compared to 2014 as per ASPS.
Advancements in technology such as target specific drug delivery system plays an important role in
driving growth of the medical coating market. In 2017, Precision Coatings Co. Inc., a leading player
in Fluropolymers applicator collaborated with DCHN LLC, specialised in anodic coating and
printing expert, to combine their expertise to provide best in class medical coating service.
Moreover, the key players adopt merger and acquisition strategies to thrive into the medical coating
market. For instance, in 2011, Kensey Nash Corporation, a medical device company, acquired
Nerites Corporation, a developer of medical adhesive and anti-fouling coating. The acquisition is
intended to explore Nerites anti-fouling technology for preventing bacterial biofilm formation.
For More Information @ https://www.coherentmarketinsights.com/ongoing-insight/medical-
coating-market-1673
Medical Coating Market - Restraints
The global medical coating market is restrained by time-consuming regulatory approvals and low
shelf life. Advancement in medical device, equipment or implantable devices propel the demand for
medical coating, which is strictly monitored by regulatory organisations such as FDA.
Medical Coating Market - Competitors
Key players operating in medical coating market include Freudenberg Medical Europe GmbH,
Surmodics Inc., Hydromer Inc., Precision Coatings Co. Inc., AST Products Inc., Abbott
Laboratories, Biocoat Inc., Covalon Technologies Ltd., Harland Medical Systems Inc., and
Specialty Coating Systems Inc.
Medical Coating Market - Taxonomy
By Coating Types
•Hydrophobic Surface Coating
•Hydrophilic Surface Coating
By Chemical Used
•Silicon
•Fluropolymers
•Parylene
By Application
•Medical Device
•Medical Implants
•Medical Equipments and Tools
•Other Applications
By End User