Bioactive Coating Devices Market Size, Share, Growth, Trends, Production, Consumption, Revenue and Forecast 2020 to 2027

Published Date : Apr 2020 | No. of Pages : 200 Pages | Category : Chemical and Material

The global bioactive coating devices market is driven by Increasing number of bioactive coating medical devices used for surgeries and medical device implants are the major driver for the bioactive materials for coating.

Bioactive coatings on metallic implants facilitate joining between the prosthesis and the osseous tissue, and increase the long-term stability and integrity of the implant. These are thin films coated on medical devices to deter bacterial adhesion, improve core functionality of the device, and impart bioactivity along with biocompatibility to the device. One of the earliest successful bioactive coatings was that of heparin-modified surface of a polymer blood oxygenator component trademarked as Caemeda Affinity Blood Oxygenator, Trillium Affinity NT Blood Oxygenator, which received FDA approval.

Implantable devices containing thin films of bioactive molecules are rapidly gaining adoption in therapeutic areas of cardiology and orthopedic joint diseases – the two major sources of loss of quality of life and disability currently. Bioactive molecules and generic factors such as increasing incidence of systemic joint diseases, cardiovascular implant and support are driving the demand for bioactive coating devices across the globe. On the other hand, lack of research awareness, high requirement for funding for continued research, and less-developed research infrastructure in middle and low income countries among others are the restraints of market.

The global market for bioactive coating devices is segmented on the basis of product type, by medical application, by material, and by end-user.

On the basis of product type, the global market is classified into Anti-microbial coatings- also termed as self-fertilizing coatings. Antimicrobial coatings on textiles prevent the degradation of textile fibers, limit the incidence of bacteria, reduce the formation of odor following the microbial degradation of perspiration, and protect users by avoiding the transfer and spread of pathogens.

Hydrophilic coatings- This coating can be applied to many instruments such as catheters, canulas, and guidewires to prevent or at the very least reduce the amount of damage and inflammation they cause when being used on a patient.

Drug Eluting coating- They are statistically superior to bare-metal stents for the treatment of native coronary artery narrowings., and others (including Anti-thrombogenic coatings). Antimicrobial coatings are expected to grow gradually during the forecast period from 2014 to 2025 with maximum market share.

On the basis of medical application, the global bioactive coating devices market is classified into Stents, Cardiac assist devices, Electrosurgical tools, Cochlear and ocular implants, Mandrels and molds, Catheters, Elastomeric seals, Needles and epidural probes, Medical electronics. Metallic implants coated in hydroxyapatite have successfully been used in dental and orthopedic applications due to their well-documented promotion of direct bone apposition and osteoconductive properties.

On the basis of material, the global market is classified into Biological Materials, Carbon-Based Materials, Metals and Alloys, Polymers and Synthetic. This segment is projected to grow globally during forecast period.

On the basis of end-user, the global bioactive coating devices market is classified into Hospital, Diagnostics Centers, Ambulatory Surgical Centers, and Clinics. In the healthcare industry, hydroxyapatite has been widely used as a coating material to combine its sound biological properties with excellent mechanical properties of traditional metallic implant materials. Hospital end-user segment is projected to account for maximum market share due to requirement of advanced healthcare infrastructure and surgical devices.

Geographically, the global market is segmented into regions namely North America, Latin America, Western Europe, Eastern Europe, Asia Pacific, Japan, Middle East and Africa. North America accounts for the largest share in bioactive coating devices market due to high purchasing power. Asia Pacific is expected to account for the second largest share in global market due to low grade medical devices that get affected by the highly concentrated chemical, adulteration in metals used to prepare medical devices, and less developed research infrastructure.

Key Players

DSM Biomedical, Hydromer Inc., SurModics Inc., Biocoat Inc., AST Products Inc., Specialty Coatings Systems Inc., and others.

Segmentation

Bioactive Coating Devices Market By Product Type

  • Anti-microbial coatings
  • Hydrophilic coatings
  • Drug eluting coating
  • Others

Bioactive Coating Devices Market By Medical Application

  • Stents
  • Electrosurgical tools
  • Cochlear and ocular implants
  • Mandrels and molds
  • Catheters
  • Others

Bioactive Coating Devices Market By End-user

  • Hospital
  • Diagnostics Centers
  • Others

The above information is provided for the following regions and countries:

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Spain
  • Asia Pacific
    • Japan
    • China
    • India
  • Latin America
    • Mexico
    • Brazil
  • Middle East and Africa
    • Saudi Arabia
    • South Africa

The Bioactive Coating Devices market research report covers definition, classification, product classification, product application, development trend, product technology, competitive landscape, industrial chain structure, industry overview, national policy and planning analysis of the industry, the latest dynamic analysis, etc., and also includes major. The study includes drivers and restraints of the global market. It covers the impact of these drivers and restraints on the demand during the forecast period. The report also highlights opportunities in the market at the global level.

The report provides size (in terms of volume and value) of Bioactive Coating Devices market for the base year 2019 and the forecast between 2020 and 2027. Market numbers have been estimated based on form and application. Market size and forecast for each application segment have been provided for the global and regional market.

This report focuses on the global Bioactive Coating Devices market status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Bioactive Coating Devices market development in United States, Europe and China.

It is pertinent to consider that in a volatile global economy, we haven’t just conducted Bioactive Coating Devices market forecasts in terms of CAGR, but also studied the market based on key parameters, including Year-on-Year (Y-o-Y) growth, to comprehend the certainty of the market and to find and present the lucrative opportunities in market.

In terms of production side, this report researches the Bioactive Coating Devices capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and type.

In terms of consumption side, this report focuses on the consumption of Bioactive Coating Devices by regions (countries) and application.

Buyers of the report will have access to verified market figures, including global market size in terms of revenue and volume. As part of production analysis, the authors of the report have provided reliable estimations and calculations for global revenue and volume by Type segment of the global Bioactive Coating Devices market. These figures have been provided in terms of both revenue and volume for the period 2016 to 2027. Additionally, the report provides accurate figures for production by region in terms of revenue as well as volume for the same period. The report also includes production capacity statistics for the same period.

With regard to production bases and technologies, the research in this report covers the production time, base distribution, technical parameters, research and development trends, technology sources, and sources of raw materials of major Bioactive Coating Devices market companies.

Regarding the analysis of the industry chain, the research of this report covers the raw materials and equipment of Bioactive Coating Devices market upstream, downstream customers, marketing channels, industry development trends and investment strategy recommendations. The more specific analysis also includes the main application areas of market and consumption, major regions and Consumption, major Chinese producers, distributors, raw material suppliers, equipment providers and their contact information, industry chain relationship analysis.

The research in this report also includes product parameters, production process, cost structure, and data information classified by region, technology and application. Finally, the paper model new project SWOT analysis and investment feasibility study of the case model.

Overall, this is an in-depth research report specifically for the Bioactive Coating Devices industry. The research center uses an objective and fair way to conduct an in-depth analysis of the development trend of the industry, providing support and evidence for customer competition analysis, development planning, and investment decision-making. In the course of operation, the project has received support and assistance from technicians and marketing personnel in various links of the industry chain.

Bioactive Coating Devices 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 Bioactive Coating Devices market.

Prominent players in the market are predicted to face tough competition from the new entrants. However, some of the key players are targeting to acquire the startup companies in order to maintain their dominance in the global market. For a detailed analysis of key companies, their strengths, weaknesses, threats, and opportunities are measured in the report by using industry-standard tools such as the SWOT analysis. Regional coverage of key companies is covered in the report to measure their dominance. Key manufacturers of Bioactive Coating Devices market are focusing on introducing new products to meet the needs of the patrons. The feasibility of new products is also measured by using industry-standard tools.

Key companies are increasing their investments in research and development activities for the discovery of new products. There has also been a rise in the government funding for the introduction of new Bioactive Coating Devices market. These factors have benefited the growth of the global market for Bioactive Coating Devices. Going forward, key companies are predicted to benefit from the new product launches and the adoption of technological advancements. Technical advancements have benefited many industries and the global industry is not an exception.

New product launches and the expansion of already existing business are predicted to benefit the key players in maintaining their dominance in the global market for Bioactive Coating Devices. The global market is segmented on the basis of region, application, en-users and product type. Based on region, the market is divided into North America, Europe, Asia-Pacific, Latin America and Middle East and Africa (MEA).

In this study, the years considered to estimate the market size of Bioactive Coating Devices are as follows:

History Year: 2016-2019

Base Year: 2019

Estimated Year: 2020

Forecast Year 2020 to 2027

Reasons to Purchase this Report:

- Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and policy aspects
- Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
- Market value USD Million and volume Units Million data for each segment and sub-segment
- Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
- Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players

Research Methodology:

In-depth interviews and discussions were conducted with several key market participants and opinion leaders to compile the research report.

This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.

Market Size Estimation

Top-down and bottom-up approaches are used to estimate and validate the global market size for company, regional division, product type and application (end users).

The market estimations in this report are based on the selling price (excluding any discounts provided by the manufacturer, distributor, wholesaler or traders). Market share analysis, assigned to each of the segments and regions are achieved through product utilization rate and average selling price.

Major manufacturers & their revenues, percentage splits, market shares, growth rates and breakdowns of the product markets are determined through secondary sources and verified through the primary sources.

All possible factors that influence the markets included in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. The market size for top-level markets and sub-segments is normalized, and the effect of inflation, economic downturns, and regulatory & policy changes or others factors are accounted for in the market forecast. This data is combined and added with detailed inputs and analysis from Vision Research Reports and presented in this report.

Market Breakdown and Data Triangulation

After complete market engineering with calculations for market statistics; market size estimations; market forecasting; market breakdown; and data triangulation. Extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at. In the complete market engineering process, both top-down and bottom-up approaches were extensively used, along with several data triangulation methods, to perform market estimation and market forecasting for the overall market segments and sub-segments listed in this report.

Secondary Sources

Secondary Sources occupies approximately 25% of data sources, such as press releases, annual reports, Non-Profit organizations, industry associations, governmental agencies and customs data, and so on. This research study includes secondary sources; directories; databases such as Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), TRADING ECONOMICS, and avention; Investing News Network; statista; Federal Reserve Economic Data; annual reports; investor presentations; and SEC filings of companies.

Primary Sources

 In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include product manufacturers (and their competitors), opinion leaders, industry experts, research institutions, distributors, dealer and traders, as well as the raw materials suppliers and producers, etc.

The primary sources from the demand side include industry experts such as business leaders, marketing and sales directors, technology and innovation directors, supply chain executive, end users (product buyers), and related key executives from various key companies and organizations operating in the global market.

The study objectives of this report are:

  • To analyze and study the global market capacity, production, value, consumption, status (2016-2019) and forecast (2020-2027);
  • Focuses on the key manufacturers, to study the capacity, production, value, market share and development plans in future.
  • Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
  • To define, describe and forecast the market by type, application and region.
  • To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
  • To identify significant trends and factors driving or inhibiting the market growth.
  • To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
  • To strategically analyze each submarket with respect to individual growth trend and their contribution to the market
  • To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
  • To strategically profile the key players and comprehensively analyze their growth strategies.

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