Medical Coatings Market Will Showcase Neutral Impact During 2020-2024 | Growth in Geriatric Population to Boost Market Growth | Technavio
Technavio has been monitoring the medical coatings market and it is poised to grow by USD 5.69 billion during 2020-2024, progressing at a CAGR of over 7% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
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Technavio has announced its latest market research report titled Global Medical Coatings Market 2020-2024 (Graphic: Business Wire).
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The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. AST Products Inc., Biocoat Inc., Curtiss-Wright Corp., Hydromer Inc., KISCO Ltd., Koninklijke DSM NV, Medicoat AG, PPG Industries Inc., Precision Coating Co. Inc., and Surmodics Inc. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
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Growth in the geriatric population has been instrumental in driving the growth of the market. However, stringent government regulations might hamper the market growth.
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Medical Coatings Market 2020-2024: Segmentation
Medical Coatings Market is segmented as below:
Material
Polymers
Metals
Coatings
Passive
Active
Application
Medical Equipment
Medical Implants
Others
Geography
North America
Europe
APAC
South America
MEA
Medical Coatings Market 2020-2024: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The medical coatings market report covers the following areas:
Medical Coatings Market Size
Medical Coatings Market Trends
Medical Coatings Market Industry Analysis
This study identifies the growing preference for MIS and non-invasive techniques as one of the prime reasons driving the Medical Coatings Market growth during the next few years.
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.
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Medical Coatings Market 2020-2024: Key Highlights
CAGR of the market during the forecast period 2020-2024
Detailed information on factors that will assist medical coatings market growth during the next five years
Estimation of the medical coatings market size and its contribution to the parent market
Predictions on upcoming trends and changes in consumer behavior
The growth of the medical coatings market
Analysis of the market’s competitive landscape and detailed information on vendors
Comprehensive details of factors that will challenge the growth of medical coatings market vendors
Table of Contents:
Executive Summary
Market Landscape
Market ecosystem
Market characteristics
Value chain analysis
Market Sizing
Market definition
Market segment analysis
Market size 2019
Market outlook: Forecast for 2019 - 2024
Five Forces Analysis
Five forces analysis
Bargaining power of buyers
Bargaining power of suppliers
Threat of new entrants
Threat of substitutes
Threat of rivalry
Market condition
Market Segmentation by Application
Market segments
Comparison by Application
Medical equipment - Market size and forecast 2019-2024
Medical implants - Market size and forecast 2019-2024
Others - Market size and forecast 2019-2024
Market opportunity by Application
Market Segmentation by Material
Market segments
Comparison by Material
Polymers - Market size and forecast 2019-2024
Metals - Market size and forecast 2019-2024
Market opportunity by Material
Market Segmentation by Coating
Market segments
Comparison by Coating
Passive - Market size and forecast 2019-2024
Active - Market size and forecast 2019-2024
Market opportunity by Coating
Customer Landscape
Overview
Geographic Landscape
Geographic segmentation
Geographic comparison
North America - Market size and forecast 2019-2024
Europe - Market size and forecast 2019-2024
APAC - Market size and forecast 2019-2024
South America - Market size and forecast 2019-2024
MEA - Market size and forecast 2019-2024
Key leading countries
Market opportunity by geography
Market drivers
Market challenges
Market trends
Vendor Landscape
Competitive scenario
Vendor landscape
Landscape disruption
Industry risks
Vendor Analysis
Vendors covered
Market positioning of vendors
AST Products Inc.
Biocoat Inc.
Curtiss-Wright Corp.
Hydromer Inc.
KISCO Ltd.
Koninklijke DSM NV
Medicoat AG
PPG Industries Inc.
Precision Coating Co. Inc.
Surmodics Inc.
Appendix
Scope of the report
Currency conversion rates for US$
Research methodology
List of abbreviations
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Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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