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Medical Device Coatings Market is Expected to Witness the Highest Growth Globally in Coming Years 2018-2026

MDCs are necessarily used in all medical devices to avoid infections, minimize the friction during procedures, and many more vital purposes. In addition, they improve the durability of the medical equipment and offer tremendous thermal stability.

Medical Device Coatings Market
Medical Device Coatings Market

According to a new report published by Allied Market Research, titled, “Medical Device Coatings (MDC) Market by Coating, Material, and Device Type: Global Opportunity Analysis and Industry Forecast, 2017-2023,”

Medical device coatings (MDCs) are materials that offer surgeons, physicians, and healthcare professionals improved maneuverability required during surgical intervention. In addition, they reduce the trauma subjected to blood vessels during surgery and decrease thrombogenicity in patients. Orthopedic implants coated with medical coating are an ideal surface structure for safe, fast, and durable bone integration.

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The metals MDC materials segment occupied the highest share in MDC materials market in 2016, owing to their usage applicability and availability in medical & clinical settings. The hydrophobic coating segment witnessed the highest growth rate in 2016, and is anticipated to dominate the market during the forecast period.

COVID-19 Impact Analysis:

1) The COVID-19 impact on the Medical Device Coatings Market is unpredictable and is expected to remain in force till the fourth quarter of 2021.

2) The COVID-19 outbreak forced governments across the globe to implement strict lockdowns and banned import-export of nonessential items for most of 2021. This led to sudden fall in the availability of important raw materials.

3) Moreover, nationwide lockdowns forced manufacturing facilities to partially or completely shut their operations.

4) Adverse impacts of the COVID-19 pandemic have resulted in delays in activities and initiatives regarding development of reliable and innovative drone analytics systems globally.

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Key Benefits for Stakeholders

  • This report entails a detailed quantitative analysis along with the current global Medical Device Coatings Market trends from 2017 to 2023 to identify the prevailing opportunities along with the strategic assessment.
  • The Medical Device Coatings Market forecast is studied from 2017 to 2023.
  • The Medical Device Coatings Market size and estimations are based on a comprehensive analysis of key developments in the endoscopic retrograde cholangiopancreatography industry.
  • A qualitative analysis based on innovative products facilitates strategic business planning.
  • The development strategies adopted by the key market players are enlisted to understand the competitive scenario of the Medical Device Coatings Market.

🎅🎄(𝑪𝒉𝒓𝒊𝒔𝒕𝒎𝒂𝒔 𝒂𝒏𝒅 𝑵𝒆𝒘 𝒚𝒆𝒂𝒓 𝒔𝒂𝒍𝒆 𝑼𝒑 𝒕𝒐 25% 𝒅𝒊𝒔𝒄𝒐𝒖𝒏𝒕 𝙩𝒊𝒍𝒍 15 𝑱𝒂𝒏𝒖𝒂𝒓𝒚 2022)🎄🎅

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The Major Key Players Are:

The major companies profiled in the report include Surmodics, Inc., Covalon Technologies Ltd., Royal DSM, Hydromer. Inc., Precision Coatings Co. Inc., AST Products Inc., Abbott Laboratories, Biocoat Inc., Specialty Coating Systems, Inc. and Harland Medical Systems, Inc.

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About Us

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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