March 24, 2020

Medical Device Coatings on the Rise

Medical coatings range from lubrications to anti-microbial liquids to water repellent polymers, and each variety of coating is used on a multitude of devices for many different applications. Rising demand for medical devices owing to increasing government expenditures for the construction of hospitals and clinics, and the establishment of public health insurance will further aid industry expansion over the forecast period. However, increasing raw material price and healthcare costs.

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To a greater or lesser degree, coatings are used in medical devices required by healthcare providers worldwide, and across the full spectrum of medical specialties. The medical device coating business has become a valuable contributor to improving healthcare. However, coatings suppliers have entered a period of heightened uncertainty created by announced but yet unspecified changes in federal regulations that cover how new medical devices are evaluated prior to being permitted to be sold in the U.S., the largest and most profitable of the world’s healthcare markets.

Within the last decade, coated medical devices have come into their own as a distinct category of products that produce clinically recognizable improvements to medical treatments and surgical interventions. Coatings that enhance biocompatibility have improved the quality of implanted electronic devices and artificial joints. Antimicrobial-coated catheters and examining room surfaces have become front-line defenses against antibiotic-resistant infections.

“Although there are many billion-dollar giants, the medical device industry that produces coatings and coated products also relies heavily upon smaller companies,” said James Wilson, technology analyst. “That [medical device coatings] specialized area has become essential across nearly the full spectrum of healthcare products for large and small medical device manufacturers.”

Top companies operating in this research are

DIALAB GmbH, SurModics Inc., Sono-Tek Corp, DSM, Hydromer, Inc., Biocoat, Inc., Specialty Coating Systems, Inc., Covalon Technologies Ltd, Bayer, AST Products, Inc., Hemoteq AG

Source: adhesivesmag