Global Catheter Coatings Market, By Type (Metal, Polymer, Latex Rubber, Plastic, Others), Coating Type (Hydrophilic Coatings, Drug-eluting Coatings, Anti-microbial Coatings and Others), Applications (Medical, Research, Others), Country (U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia- Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, UAE, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028.
Market Analysis and Insights: Global Catheter Coatings Market
Global catheter coatings market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses the market to account from USD 1023.82 million in 2020 to USD 1642.93 million by 2028 growing at a CAGR of 6.09% in the above-mentioned forecast period.
The catheter is basically a cylindrical-shaped medical equipment that is inserted into the body of the patient to deliver fluid or drugs that can eliminate harmful substances from the body. They are coated with materials/catheter coatings to prevent the encrustation and infections, and to also reduce friction among the tissues in the body and allows the catheter to easily pass through the body. They are used for diagnosis and therapeutic purposes in several medical applications such as cardiac electrophysiology, angioplasty and neurosurgery.
The prevalence of catheter-associated urinary tract infection and the catheters among geriatric population are primarily driving the growth of the catheter coatings market. On the other hand, the high costs of raw materials might restrain the overall growth of the market. Another impactful reason for the increased usage of catheter coatings has been the untapped potential of emerging markets and the increasing advancements by the market players which is estimated to generate new opportunities within the forecast period. However, the factor such as the time-consuming regulatory approvals is projected to be major challenge for the market’s growth.
This catheter coatings market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on Data Bridge Market Research catheter coatings market contact us for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Catheter Coatings Market Scope and Market Size
Catheter coatings market is segmented on the basis of type, coating type and applications. The growth amongst these segments will help you analyse meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
- On the basis of type, the catheter coatings market is bifurcated into metal, polymer, latex rubber, plastic and others.
- On the basis of coating type, the market is segmented into hydrophilic coatings, drug-eluting coatings, anti-microbial coatings and others.
- On the basis of applications, the market is segmented into medical, research and others.
Catheter Coatings Market Country Level Analysis
Catheter coatings market is analysed and market size insights and trends are provided by type, coating type and applications as referenced above.
The countries covered in the catheter coatings market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the catheter coatings market due to the prevalence of urinary incontinence, increasing aging population and the availability of advanced healthcare system in the region. Asia-Pacific is expected to grow at the fastest rate in the forecast period of 2021 to 2027 due to the presence of high population base and growing awareness regarding the urinary self-catheter.
The country section of the catheter coatings market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Healthcare Infrastructure growth Installed base and New Technology Penetration
Catheter coatings market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment’s, installed base of different kind of products for catheter coatings market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the catheter coatings market. The data is available for historic period 2010 to 2019.
Competitive Landscape and Catheter Coatings Market Share Analysis
Catheter coatings market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to catheter coatings market.
The major players covered in the catheter coatings market report are B. Braun Melsungen AG, Surmodics Inc, DSM, Hydromer, Specialty Coating Systems Inc, Cuumed Catheter Medical Co. Ltd, LipoCoat, Covalon Technologies Ltd, Allegro Medical Supplies Inc, Mitsubishi Electric Corporation, ACP COMPOSITES INC, Polygon company, Composiflex, ENDURA, Harland Medical Systems Inc, TIODIZE Co., Inc, Formacoat, Rose Medical, and General Magnaplate Corporation among other domestic and global players. Market share data is available for Global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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