Get 25 % Discount - Medical Device Coatings

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Category: Philosophy and Psychology

Date Submitted: 09/13/2014 01:38 AM

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REPORT HIGHLIGHTS

The global medical device coating market reached $4.8 billion in 2010 and $5.4 billion in 2011. The market is expected to grow from $5.7 billion in 2012 to nearly $8 billion in 2017, a five-year compound annual growth rate (CAGR) of 6.7%.

The United States market for medical device coatings reached $2.7 billion in 2011, is expected to reach nearly $3 billion in 2012, and should total nearly $4.4 billion by 2017, a five-year CAGR of 8.1%.

The European Union market for medical device coatings reached $1.3 billion in 2011, is expected to reach $1.4 billion in 2012, and should surpass $2 billion in 2017, a five-year CAGR of 7.0%.

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INTRODUCTION

STUDY GOAL AND OBJECTIVES

This study examines the medical device coating and surface modification treatment industry, a global enterprise that BCC Research anticipates will reach nearly $8 billion by 2017. It describes the eight coating and surface treatment technologies that add value to more than 1,000 types of medical devices used in 19 healthcare areas. Forecasts for each healthcare area project demand from 2012 through 2017. In addition to global summaries, separate forecasts are provided for the United States, the European Union, other developed nations and the rest of the world.

REASONS FOR DOING THE STUDY

In the six years since BCC Research undertook its first comprehensive study of the medical device coatings and surface modification treatment industry, the business has responded to a shifting balance of driving and limiting forces originating from within and outside the healthcare and coating communities. During that time, the fast pace of technological advances that originally drove the industry has slowed.

While innovation continues, its focus has shifted away from new coating materials to improving products already in use. The regulatory environment likewise evolved. Requirements that were vague at the beginning of the new century formalized with the creation of a new U.S. Food...