Medical Grade Coatings Market: Report Description
This study on the medical grade coatings market offers an eight-year forecast for the global medical grade coatings market from 2019 to 2027. This study of the medical grade coatings market considers 2018 as the base year with market values estimated for 2019 and a forecast developed for the duration of 2019 to 2027. The Compound Average Growth Rate (CAGR) in the medical grade coatings market study has been represented from 2019 to 2027.
This medical grade coatings market study covers various perspectives of the market, including market dynamics, value chain analysis, competition analysis, regional and segmental growth comparison, and macro-economic and industry growth analysis, along with segment-level projections in a comprehensive manner. As per the findings of the study and perspectives of industry participants, the global medical grade coatings market is projected to grow at a CAGR of 6.4% between 2019 and 2027, in terms of value. The growing healthcare industry and the high demand for medical devices are some of the factors positively impacting the uptake of medical grade coatings in the global market.
Medical grade coatings range from lubrication and anti-microbial liquids to water-resistant polymer. Each type of medical grade coatings are used on medical devices for many applications. Many types of medical grade coatings are used on medical devices such as lubricants, hydrophilic, hydrophobic, anti-microbial, and drug-eluting, among others. Lubricant coatings are used on medical devices that require extra assistance in besting inserted into the biological opening or other medical devices. Hydrophilic surface coatings are used on many medical devices such as tubes, as these require more wettability in order to properly function with body tissues and fluids. Antimicrobial coatings are used on medical devices that come in contact with sensitive bodily fluids such as blood or urine. These devices need to be sanitized with antimicrobial coatings to prevent the infection from external bacteria spreading into the body.
Medical Grade Coatings Market: Global Industry Analysis 2013-2017 and Opportunity Assessment 2019-2027Buy Now
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