Transparency Market Research has added a New Report On "Medical Device Coatings Market - Global Industry Size, Market Share, Trends, Analysis And Forecasts 2012 - 2018".
Albany, NY -- (SBWIRE) -- 10/23/2012 -- Medical device coatings are widely used to augment product surface function and to improve performance. Coatings help in reducing friction between devices and tissues, and provide excellent surface coverage, wetting, uniform adhesion, wear-resistance and coating homogeneity.
Many medical devices require non-stick coatings over moulded, electrical insulation, biocompatible, or other finishes. The global medical device coatings market will increase from $4.7 billion in 2009 to $7.5 billion in 2014, with a compound annual growth rate (CAGR) of 9.9%. The implant device market will exceed $50 billion by 2015. Microelectronic medical implants was worth $15.4 billion in 2010, with pacemakers being the most well known of these devices.
Read More: Medical Device Coatings Market
Some of the major factors driving the medical device coatings market are growth in medical industries as well as the growth in emerging economies. Factors such as products ageing, low shelf life and rising costs are restraining the growth of this market.
Types of Medical Device Coatings
- Dry film lubricants coatings prevent premature wear and increase equipment dependability for components and mechanisms of life support systems exposed to repetitious cycling
- Adhesive coatings aid in the over moulding assembly of equipment used in surgical applications.
- Temperature sensitive coatings applied to examination tools improve the patient's comfort during a check-up or physical.
- Autoclavable coatings are intended to solve other problems such as High PH resistance, Dry Film Lubricants, etc., but are also capable of withstanding the high temperatures of repeated autoclave cleaning.
Browse More Market Reports On Chemical and Materials Market
This research report analyzes the Medical Device Coatings market depending on various segments and major geographies. This detailed study includes trend analysis, market numbers, industry growth drivers and restraints along with the future market projections. This market research report includes analysis of current developments, Porter’s five force analysis and detailed profiles of top industry players. Report also discusses the importance of macro and minor factors important for existing market players and new entrants.
Major Geographies analyzed under this study are North America, Europe, Asia-Pacific and ROW. Some of the major players in this market are Angiotech, Carmeda, Sono-Tek, Surmodics and others.
Inquire before Buying OR Buy your copy of this report @:
About Transparency Market Research
Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. We are privileged with highly experienced team of Analysts, Researchers, and Consultants, who use proprietary data sources and various tools and techniques to gather, and analyze information.
Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.
For more Information Visit us On:
90 Sate Street, Suite 700
Albany, NY 12207
USA - Canada Toll Free: 866-552-3453