Coatings Market for Medical Devices Industry Research 2020-2024 | COVID-19 Market Planning and Recovery Analysis | Technavio

LONDON--(BUSINESS WIRE)--Dec 29, 2020--

The coatings market for the medical devices industry is expected to grow by USD 4.98 billion during 2020-2024, according to Technavio. The report offers a detailed analysis of the impact of the COVID-19 pandemic on the coatings market for medical devices in optimistic, probable, and pessimistic forecast scenarios.

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Technavio has announced its latest market research report titled Global Coatings Market for Medical Devices Industry 2020-2024 (Graphic: Business Wire)

Enterprises will go through the Response, Recovery, and Renew phases. Download a Free Sample Report on COVID-19

The coatings market for the medical devices industry will witness a neutral impact during the forecast period owing to the widespread growth of the COVID-19 pandemic. As per Technavio’s pandemic-focused market research, market growth is likely to increase as compared to 2019.

With the continuing spread of the novel coronavirus pandemic, organizations across the globe are gradually flattening their recessionary curve by leveraging technology. Many businesses will go through response, recovery, and renewal phases. Building business resilience and enabling agility will aid organizations to move forward in their journey out of the COVID-19 crisis towards the next normal.

This post-pandemic business planning research will aid clients to:

• Adjust their strategic planning to move ahead once business stability kicks in.
• Build resilience by making effective resource and investment choices for individual business units, products, and service lines.
• Conceptualize scenario-based planning to mitigate future crisis situations.

Download the Post-Pandemic Business Planning Structure.Click here

Key Considerations for Market Forecast:

• Impact of lockdowns, supply chain disruptions, demand destruction, and change in customer behavior
• Optimistic, probable, and pessimistic scenarios for all markets as the impact of pandemic unfolds
• Pre- as well as post-COVID-19 market estimates
• Quarterly impact analysis and updates on market estimates

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Related Report onMaterialsIndustries:

Global Medical Coatings Market - The medical coatings market is segmented by material (polymers and metals), coatings (passive and active), application (medical equipment, medical implants, and others), and geography (North America, Europe, APAC, South America, and MEA). Click Here to Get an Exclusive Free Sample Report

Global Waterborne Coatings Market - The waterborne coatings market is segmented by product (water-soluble paints, emulsion latex coatings, and water-based alkyd coatings), end-user (architecture, automotive, general, wood, and others), and geography (APAC, Europe, North America, MEA, and South America). Click Here to Get an Exclusive Free Sample Report

Major Three Coatings Market For Medical Devices Industry Participants:

Biocoat Inc.

Biocoat Inc. operates the business in the Unified segment. The company offers coatings with Hydak coating technology for medical devices.

Endura Coatings

Endura Coatings operates the business in the Unified segment. The company offers medical device coatings for cannulas, guide wires, blister packaging, and others.

Freudenberg Medical LLC

Freudenberg Medical LLC operates the business in the Unified segment. The company offers elastomeric coating and lubricious coating for medical device surfaces.

If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extract FREE! Get report snapshot here to get detailed market share analysis of market participants during COVID-19 lockdown:https://www.technavio.com/report/coatings-market-for-medical-devices-industry-analysis

Coatings Market For Medical Devices Industry 2020-2024: Segmentation

Coatings market for medical devices industry is segmented as below:

• Type
  • Antimicrobial Coating
  • Drug-eluting Coating
  • Hydrophilic Coating
  • Others
• Application
  • General Surgery
  • Cardiovascular
  • Orthopedics
  • Dentistry
  • Other End-users
• Geography
  • North America
  • Europe
  • APAC
  • MEA
  • South America

The coatings market for the medical devices industry is driven by the growing demand for cardiovascular and orthopedic implants. In addition, other factors such as increasing hospital-associated infections are expected to trigger the coatings market for the medical devices industry toward witnessing a CAGR of almost 8% during the forecast period.

Get more insights about the global trends impacting the future of the coatings market for the medical devices industry, Request Free Sample @https://www.technavio.com/talk-to-us?report=IRTNTR45208

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

• Vendors covered
• Vendor classification
• Market positioning of vendors
• Competitive scenario

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KEYWORD:

INDUSTRY KEYWORD: MEDICAL DEVICES HEALTH

SOURCE: Technavio Research

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PUB: 12/29/2020 08:50 AM/DISC: 12/29/2020 08:50 AM

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