Medical Grade Coating Market size was valued at US$ 11.84 Bn in 2022 and the total revenue is expected to grow at 6.4% through 2023 to 2029, reaching nearly US$ 18.29 Bn in the forecast period. The global Medical Grade Coating market report is a comprehensive analysis of the industry, market, and key players. The report has covered the market by demand and supply-side by segments. The global Medical Grade Coating market report also provides trends by market segments, Material, and investment with a competitive landscape.To know about the Research Methodology :- Request Free Sample Report
Medical Grade Coating Market Overview:
Medical grade coating is a polymer-based coating used in medical devices, medical tools, medical equipment, and medical clothes to provide a protective layer that avoids microbial contamination with the environment and to make the medical equipment free from corrosion and other harmful properties. The properties of the medical-grade coating are durability, low friction, lubrication, and low particulate count. This coating is used on devices like guide wires, catheters, cannula, Foley, dialyzer, nebulizer, blood infusion set, surgical equipment's, diagnostic equipment's, biomedical equipment, etc. These medical devices need protection to be effective in the environment and this is given by medical-grade coating. The medical-grade coating needs to be ideal for metals, glass, ceramics, plastic, silicon, rubber to stabilize them with physical and chemical properties. The medical-grade coating is mainly used to improve the device performance expand surface properties.Dynamics:
Medical devices are life-saving devices and the maintenance of these medical devices is important. To satisfy and increase the medical device performance and durability medical grade coating comes into play. Rising occurrence of heart diseases like ischemic heart diseases, chronic obstructive pulmonary diseases (COPD), respiratory diseases, major surgeries in cancer, blockage in blood veins is driving the growth of medical devices coating the market to preserve them from harmful properties of the environment. The demand for hydrophilic coating in urology catheters, sheaths is increasing as it increases the biocompatibility of the device. Additionally, the demand is rising in the healthcare industry due to increasing population level and rising disease around the world and early detection of chronic diseases efficient to maintain the medical device facility. Moreover, quality health care and non-invasive therapies are rising the expansion of the market and creating more opportunities for the growing companies to enter the market. The Companies are facing a challenge in regulatory approvals by the governing bodies in healthcare. As the regulatory agencies do not approve the coating of medical devices separately. As medical OEMs have a separate methodology for choosing a coating for medical devices. Various tests are performed by the manufacturing units before the coating application and the tests have to pass certain properties of medical devices to main the durability and effectiveness of the device as the medical device directly comes in contact with the body and its organs. The approvals by the regulatory agencies depend on the type of devices and it is time-consuming. Hence this factor acts as a challenge to the medical-grade coating market. Impact of COVID-19 The pandemic has adversely affected the medical-grade coating market due to the destruction of supply chain management in the medical-grade coating market. The raw material supply for coating like silicon, PTFE, PVDF, silicon, perylene, metal, from outside countries, is disrupting the manufacturing process and pulling the market expansion in the negative direction. However, the surging demand for medical equipment due to the COVID-19 pandemic is making a healthy impact on manufacturing industries.Segment Analysis:
By Material, the segment is divided into PTFE, PVDF, silicon, perylene, metal, and others. The sub-segment perylene is the most used material in the medical-grade coating market as it provides impeccable properties like the medical grade coating is spotless, stainless, highly untarnished, and sterile. The Flawless property of perylene drives the medical-grade coating market. By Type, the segment is categorized into a lubricant, antimicrobial, hydrophilic coating. The antimicrobial coating is a widely used medical grade coating as microbial contamination on medical tools can harm a patient's life when exposed to the medical tool or medical equipment. The market share of antimicrobial coating in the year 2021 was valued at 3.4 billion and is forecasted to reach 5.7 million by 2029 at a CAGR of 10.9% forecast period. Hydrophilic coating is the second dominating coating in the medical-grade coating market with 9.35 billion in 2021 with a CAGR of 5.4% in the forecast period. The coating is applied on medical devices to reduce the friction when it comes in contact with the human organ and to increase the lubrication. The hydrophilic coating is majorly employed in the medical device industry. By Application, the segment is divided into a medical device, implant, medical equipment, tool, others. Medical Device Coating is dominating the medical-grade coating market. The market share of medical device coating in the year 2021 was valued at 10.01 billion and is expected to grow at a CAGR of 8.5% in the forecast period. Rising demand for medical pieces of equipment like cardiovascular devices, neurology, orthopaedics, general surgery, dentistry, gynaecology Ophthalmology, etc. is driving the growth of the mmarket due to modern technologies and developing health care systems around the world. Medical equipment is second dominating in the medical-grade coating market as the equipment are used in surgery and antimicrobial coating and hydrophilic coating on medical equipment are necessary to avoid friction and microbial contamination to the human body.Medical Grade Coating Market Regional Insights:
North America is driving the health care industry due to the high facilities provided by the country's government and private organizations. The revenue generated by the medical device coating market in North America was 43.2% in 2021. This factor has accelerated the healthcare industry. Moreover, a rapid increase in the pandemic due to COVID-19 has risen the use of surgeries. The post-COVID 19 complication has also given a positive impact on healthcare industries as patients are suffering from the adverse effect of steroidal treatment given in COVID-19 crises. Asia Pacific is expected to grow at a high CAGR of 9.4% in the forecast period due to the rising geriatric population and demand for construction in the hospital industry. The unhealthy lifestyle is giving rise to chronic and incurable diseases like diabetes, obesity, heart failures, cancers, and skin-related issues like fungal infection, etc are driving the medical device market, and hence it becomes necessary to increase the durability of medical equipment and devices. Henceforth, the above-mentioned factor is responsible for the growth of the health grade coating market. The objective of the report is to present a comprehensive analysis of the global market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding the global Medical Grade Coating market dynamics, structure by analyzing the market segments and project the global market size. Clear representation of competitive analysis of key players by Grade, price, financial position, Grade portfolio, growth strategies, and regional presence in the global Medical Grade Coating market make the report investor’s guide.Medical Grade Coating Market Scope: Inquire before buying
Global Medical Grade Coating Market Report Coverage Details Base Year: 2022 Forecast Period: 2023-2029 Historical Data: 2018 to 2022 Market Size in 2022: US $ 11.84 Bn. Forecast Period 2023 to 2029 CAGR: 6.4% Market Size in 2029: US $ 18.29 Bn. Segments Covered: by Material PTEE PVDF Silicon Parylene Metal Other by Type Lubricant Antimicrobial Hydrophilic Coating by Application Medical Device Implant Medical Equipment’s Tools Other Medical Grade Coating Market, by Region
Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC) Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe) North America (United States, Canada and Mexico) Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) South America (Brazil, Argentina Rest of South America)Medical Grade Coating Market Key Players
1. SurModics, 2. The DECC Company 3. Hangzhou Kangsheng Medical Equipments Co., Ltd. 4. Yangzhou Fuda Medical Devices Co., Ltd. 5. Precision Coating Co., Inc. 6. Donwell Company, Inc. 7. Merit Medical Systems, Inc. 8. Harland Medical Systems 9. Applied Medical Coatings, LLC. 10. Dymax Corporation 11. Raleigh Coatings 12. Abbott Laboratories 13. Biocoat Inc AeonClad 14. Bayer Material Science LLC 15. Boston Scientific Corporation 16. Covalon Technologies Ltd. 17. Endura Coatings Ltd 18. Specialty Coating Systems Inc. 19. TheraSyn Pharmaceuticals Inc. Frequently Asked Questions: 1. Which region has the largest share in Global Medical Grade Coating Market? Ans: Asia Pacific region held the highest share in 2022. 2. What is the growth rate of Global Medical Grade Coating Market? Ans: The Global Medical Grade Coating Market is growing at a CAGR of 6.4% during forecasting period 2023-2029. 3. What is scope of the Global Medical Grade Coating market report? Ans: Global Medical Grade Coating Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period. 4. Who are the key players in Global Medical Grade Coating market? Ans: The important key players in the Global Medical Grade Coating Market are – SurModics,, The DECC Company, Hangzhou Kangsheng Medical Equipments Co., Ltd., Yangzhou Fuda Medical Devices Co., Ltd., Precision Coating Co., Inc., Donwell Company, Inc., Merit Medical Systems, Inc., Harland Medical Systems, Applied Medical Coatings, LLC., Dymax Corporation, Raleigh Coatings, Abbott Laboratories, Biocoat Inc AeonClad, Bayer Material Science LLC, Boston Scientific Corporation, Covalon Technologies Ltd., Endura Coatings Ltd, Specialty Coating Systems Inc. 5. What is the study period of this market? Ans: The Global Medical Grade Coating Market is studied from 2022 to 2029.
1. Preface 1.1. Market Definition and Key Research Objectives 1.2. Research Highlights 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Types 2.3.2. Primary Research 2.3.2.1. Data from Primary Types 2.3.2.2. Breakdown of Primary Types 3. Executive Summary: Global Medical Grade Coating Market Size, by Market Value (US$ Mn) 3.1. Global Market Segmentation 3.2. Global Market Segmentation Share Analysis, 2022 3.2.1. Global 3.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 3.3. Geographical Snapshot of the Medical Grade Coating Market 3.4. Geographical Snapshot of the Medical Grade Coating Market, By Manufacturer share 4. Global Medical Grade Coating Market Overview, 2022-2029 4.1. Market Dynamics 4.1.1. Drivers 4.1.1.1. Global 4.1.1.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.2. Restraints 4.1.2.1. Global 4.1.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.3. Opportunities 4.1.3.1. Global 4.1.3.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.4. Challenges 4.1.4.1. Global 4.1.4.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.5. Industry Trends and Emerging Technologies 4.1.6. Porters Five Forces Analysis 4.1.6.1. Threat of New Entrants 4.1.6.2. Bargaining Power of Buyers/Consumers 4.1.6.3. Bargaining Power of Suppliers 4.1.6.4. Threat of Substitute Grades 4.1.6.5. Intensity of Competitive Rivalry 4.1.7. Value Chain Analysis 4.1.8. Technological Roadmap 4.1.9. Regulatory landscape 4.1.10. Impact of the Covid-19 Pandemic on the Global Medical Grade Coating Market 5. Supply Side and Demand Side Indicators 6. Global Medical Grade Coating Market Analysis and Forecast, 2022-2029 6.1. Global Medical Grade Coating Market Size & Y-o-Y Growth Analysis. 7. Global Medical Grade Coating Market Analysis and Forecasts, 2022-2029 7.1. Market Size (Value) Estimates & Forecast By Material, 2022-2029 7.1.1. PTEE 7.1.2. PVDF 7.1.3. Silicon 7.1.4. Parylene 7.1.5. Metal 7.1.6. Other 7.2. Market Size (Value) Estimates & Forecast By Type, 2022-2029 7.2.1. Lubricant 7.2.2. Antimicrobial 7.2.3. Hydrophilic Coating 7.3. Market Size (Value) Estimates & Forecast By Application, 2022-2029 7.3.1. Medical Device 7.3.2. Implant 7.3.3. Medical Equipment’s 7.3.4. Tools 7.3.5. Other 8. Global Medical Grade Coating Market Analysis and Forecasts, By Region 8.1. Market Size (Value) Estimates & Forecast By Region, 2022-2029 8.1.1. North America 8.1.2. Europe 8.1.3. Asia-Pacific 8.1.4. Middle East & Africa 8.1.5. South America 9. North America Medical Grade Coating Market Analysis and Forecasts, 2022-2029 9.1.1. PTEE 9.1.2. PVDF 9.1.3. Silicon 9.1.4. Parylene 9.1.5. Metal 9.1.6. Other 9.2. Market Size (Value) Estimates & Forecast By Type, 2022-2029 9.2.1. Lubricant 9.2.2. Antimicrobial 9.2.3. Hydrophilic Coating 9.3. Market Size (Value) Estimates & Forecast By Application, 2022-2029 9.3.1. Medical Device 9.3.2. Implant 9.3.3. Medical Equipment’s 9.3.4. Tools 9.3.5. Other 10. North America Medical Grade Coating Market Analysis and Forecasts, By Country 10.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 10.1.1. US 10.1.2. Canada 10.1.3. Mexico 11. U.S. Medical Grade Coating Market Analysis and Forecasts, 2022-2029 11.1. Market Size (Value) Estimates & Forecast By Material’s, 2022-2029 11.2. Market Size (Value) Estimates & Forecast By Type, 2022-2029 11.3. Market Size (Value) Estimates & Forecast By Application, 2022-2029 12. Canada Medical Grade Coating Market Analysis and Forecasts, 2022-2029 12.1. Market Size (Value) Estimates & Forecast By Material’s, 2022-2029 12.2. Market Size (Value) Estimates & Forecast By Type, 2022-2029 12.3. Market Size (Value) Estimates & Forecast By Application, 2022-2029 13. Mexico Medical Grade Coating Market Analysis and Forecasts, 2022-2029 13.1. Market Size (Value) Estimates & Forecast By Material’s, 2022-2029 13.2. Market Size (Value) Estimates & Forecast By Type, 2022-2029 13.3. Market Size (Value) Estimates & Forecast By Application, 2022-2029 14. Europe Medical Grade Coating Market Analysis and Forecasts, 2022-2029 14.1. Market Size (Value) Estimates & Forecast By Material’s, 2022-2029 14.2. Market Size (Value) Estimates & Forecast By Type, 2022-2029 14.3. Market Size (Value) Estimates & Forecast By Application, 2022-2029 15. Europe Medical Grade Coating Market Analysis and Forecasts, By Country 15.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 15.1.1. U.K 15.1.2. France 15.1.3. Germany 15.1.4. Italy 15.1.5. Spain 15.1.6. Sweden 15.1.7. CIS Countries 15.1.8. Rest of Europe 16. U.K Medical Grade Coating Market Analysis and Forecasts, 2022-2029 16.1. Market Size (Value) Estimates & Forecast By Material’s, 2022-2029 16.2. Market Size (Value) Estimates & Forecast By Type, 2022-2029 16.3. Market Size (Value) Estimates & Forecast By Application, 2022-2029 17. France Medical Grade Coating Market Analysis and Forecasts, 2022-2029 17.1. Market Size (Value) Estimates & Forecast By Material’s, 2022-2029 17.2. Market Size (Value) Estimates & Forecast By Type, 2022-2029 17.3. Market Size (Value) Estimates & Forecast By Application, 2022-2029 18. Germany Medical Grade Coating Market Analysis and Forecasts, 2022-2029 18.1. Market Size (Value) Estimates & Forecast By Material’s, 2022-2029 18.2. Market Size (Value) Estimates & Forecast By Type, 2022-2029 18.3. Market Size (Value) Estimates & Forecast By Application, 2022-2029 19. Italy Medical Grade Coating Market Analysis and Forecasts, 2022-2029 19.1. Market Size (Value) Estimates & Forecast By Material’s, 2022-2029 19.2. Market Size (Value) Estimates & Forecast By Type, 2022-2029 19.3. Market Size (Value) Estimates & Forecast By Application, 2022-2029 20. Spain Medical Grade Coating Market Analysis and Forecasts, 2022-2029 20.1. Market Size (Value) Estimates & Forecast By Material’s, 2022-2029 20.2. Market Size (Value) Estimates & Forecast By Type, 2022-2029 20.3. Market Size (Value) Estimates & Forecast By Application, 2022-2029 21. Sweden Medical Grade Coating Market Analysis and Forecasts, 2022-2029 21.1. Market Size (Value) Estimates & Forecast By Material’s, 2022-2029 21.2. Market Size (Value) Estimates & Forecast By Type, 2022-2029 21.3. Market Size (Value) Estimates & Forecast By Application, 2022-2029 22. CIS Countries Medical Grade Coating Market Analysis and Forecasts, 2022-2029 22.1. Market Size (Value) Estimates & Forecast By Material’s, 2022-2029 22.2. Market Size (Value) Estimates & Forecast By Type, 2022-2029 22.3. Market Size (Value) Estimates & Forecast By Application, 2022-2029 23. Rest of Europe Medical Grade Coating Market Analysis and Forecasts, 2022-2029 23.1. Market Size (Value) Estimates & Forecast By Material’s, 2022-2029 23.2. Market Size (Value) Estimates & Forecast By Type, 2022-2029 23.3. Market Size (Value) Estimates & Forecast By Application, 2022-2029 24. Asia Pacific Medical Grade Coating Market Analysis and Forecasts, 2022-2029 24.1. Market Size (Value) Estimates & Forecast By Material’s, 2022-2029 24.2. Market Size (Value) Estimates & Forecast By Type, 2022-2029 24.3. Market Size (Value) Estimates & Forecast By Application, 2022-2029 25. Asia Pacific Medical Grade Coating Market Analysis and Forecasts, by Country 25.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 25.1.1. China 25.1.2. India 25.1.3. Japan 25.1.4. South Korea 25.1.5. Australia 25.1.6. ASEAN 25.1.7. Rest of Asia Pacific 26. China Medical Grade Coating Market Analysis and Forecasts, 2022-2029 26.1. Market Size (Value) Estimates & Forecast By Material’s, 2022-2029 26.2. Market Size (Value) Estimates & Forecast By Type, 2022-2029 26.3. Market Size (Value) Estimates & Forecast By Application, 2022-2029 27. India Medical Grade Coating Market Analysis and Forecasts, 2022-2029 27.1. Market Size (Value) Estimates & Forecast By Material’s, 2022-2029 27.2. Market Size (Value) Estimates & Forecast By Type, 2022-2029 27.3. Market Size (Value) Estimates & Forecast By Application, 2022-2029 28. Japan Medical Grade Coating Market Analysis and Forecasts, 2022-2029 28.1. Market Size (Value) Estimates & Forecast By Material’s, 2022-2029 28.2. Market Size (Value) Estimates & Forecast By Type, 2022-2029 28.3. Market Size (Value) Estimates & Forecast By Application, 2022-2029 29. South Korea Medical Grade Coating Market Analysis and Forecasts, 2022-2029 29.1. Market Size (Value) Estimates & Forecast By Material’s, 2022-2029 29.2. Market Size (Value) Estimates & Forecast By Type, 2022-2029 29.3. Market Size (Value) Estimates & Forecast By Application, 2022-2029 30. Australia Medical Grade Coating Market Analysis and Forecasts, 2022-2029 30.1. Market Size (Value) Estimates & Forecast By Material’s, 2022-2029 30.2. Market Size (Value) Estimates & Forecast By Type, 2022-2029 30.3. Market Size (Value) Estimates & Forecast By Application, 2022-2029 31. ASEAN Medical Grade Coating Market Analysis and Forecasts, 2022-2029 31.1. Market Size (Value) Estimates & Forecast By Material’s, 2022-2029 31.2. Market Size (Value) Estimates & Forecast By Type, 2022-2029 31.3. Market Size (Value) Estimates & Forecast By Application, 2022-2029 32. Rest of Asia Pacific Medical Grade Coating Market Analysis and Forecasts, 2022-2029 32.1. Market Size (Value) Estimates & Forecast By Material’s, 2022-2029 32.2. Market Size (Value) Estimates & Forecast By Type, 2022-2029 32.3. Market Size (Value) Estimates & Forecast By Application, 2022-2029 33. Middle East Africa Medical Grade Coating Market Analysis and Forecasts, 2022-2029 33.1. Market Size (Value) Estimates & Forecast By Material’s, 2022-2029 33.2. Market Size (Value) Estimates & Forecast By Type, 2022-2029 33.3. Market Size (Value) Estimates & Forecast By Application, 2022-2029 34. Middle East Africa Medical Grade Coating Market Analysis and Forecasts, by Country 34.1. Market Size (Value) Estimates & Forecast by Country, 2022-2029 34.1.1. South Africa 34.1.2. GCC Countries 34.1.3. Egypt 34.1.4. Nigeria 34.1.5. Rest of ME&A 35. South Africa Medical Grade Coating Market Analysis and Forecasts, 2022-2029 35.1. Market Size (Value) Estimates & Forecast By Material’s, 2022-2029 35.2. Market Size (Value) Estimates & Forecast By Type, 2022-2029 35.3. Market Size (Value) Estimates & Forecast By Application, 2022-2029 36. GCC Countries Medical Grade Coating Market Analysis and Forecasts, 2022-2029 36.1. Market Size (Value) Estimates & Forecast By Material’s, 2022-2029 36.2. Market Size (Value) Estimates & Forecast By Type, 2022-2029 36.3. Market Size (Value) Estimates & Forecast By Application, 2022-2029 37. Egypt Medical Grade Coating e Market Analysis and Forecasts, 2022-2029 37.1. Market Size (Value) Estimates & Forecast By Material’s, 2022-2029 37.2. Market Size (Value) Estimates & Forecast By Type, 2022-2029 37.3. Market Size (Value) Estimates & Forecast By Application, 2022-2029 38. Nigeria Medical Grade Coating Market Analysis and Forecasts, 2022-2029 38.1. Market Size (Value) Estimates & Forecast By Material’s, 2022-2029 38.2. Market Size (Value) Estimates & Forecast By Type, 2022-2029 38.3. Market Size (Value) Estimates & Forecast By Application, 2022-2029 39. Rest of ME&A Medical Grade Coating Market Analysis and Forecasts, 2022-2029 39.1. Market Size (Value) Estimates & Forecast By Material’s, 2022-2029 39.2. Market Size (Value) Estimates & Forecast By Type, 2022-2029 39.3. Market Size (Value) Estimates & Forecast By Application, 2022-2029 40. South America Medical Grade Coating Market Analysis and Forecasts, 2022-2029 40.1. Market Size (Value) Estimates & Forecast By Material’s, 2022-2029 40.2. Market Size (Value) Estimates & Forecast By Type, 2022-2029 40.3. Market Size (Value) Estimates & Forecast By Application, 2022-2029 41. South America Medical Grade Coating Market Analysis and Forecasts, by Country 41.1. Market Size (Value) Estimates & Forecast by Country, 2022-2029 41.1.1. Brazil 41.1.2. Argentina 41.1.3. Rest of South America 42. Brazil Medical Grade Coating Market Analysis and Forecasts, 2022-2029 42.1. Market Size (Value) Estimates & Forecast By Material’s, 2022-2029 42.2. Market Size (Value) Estimates & Forecast By Type, 2022-2029 42.3. Market Size (Value) Estimates & Forecast By Application, 2022-2029 43. Argentina Medical Grade Coating Market Analysis and Forecasts, 2022-2029 43.1. Market Size (Value) Estimates & Forecast By Material’s, 2022-2029 43.2. Market Size (Value) Estimates & Forecast By Type, 2022-2029 43.3. Market Size (Value) Estimates & Forecast By Application, 2022-2029 44. Rest of South America Medical Grade Coating Market Analysis and Forecasts, 2022-2029 44.1. Market Size (Value) Estimates & Forecast By Material’s, 2022-2029 44.2. Market Size (Value) Estimates & Forecast By Type, 2022-2029 44.3. Market Size (Value) Estimates & Forecast By Application, 2022-2029 45. Competitive Landscape 45.1. Geographic Footprint of Major Players in the Global Medical Grade Coating Market 45.2. Competition Matrix 45.2.1. Competitive Benchmarking of Key Players By Price, Presence, Market Share, Fiber Grades and R&D Investment 45.2.2. New Grade Launches and Grade Enhancements 45.2.3. Market Consolidation 45.2.3.1. M&A by Regions, Investment and Verticals 45.2.3.2. M&A, Forward Integration and Backward Integration 45.2.3.3. Partnership, Joint Ventures and Strategic Alliances/ Sales Agreements 45.3. Company Profile : Key Players 45.3.1. SurModics 45.3.1.1. Company Overview 45.3.1.2. Financial Overview 45.3.1.3. Geographic Footprint 45.3.1.4. Grade Portfolio 45.3.1.5. Business Strategy 45.3.1.6. Recent Developments 45.3.2. The DECC Company 45.3.3. Hangzhou Kangsheng Medical Equipments Co., Ltd. 45.3.4. Yangzhou Fuda Medical Devices Co., Ltd., 45.3.5. Precision Coating Co., Inc. 45.3.6. Donwell Company, Inc. 45.3.7. Merit Medical Systems, Inc. 45.3.8. Harland Medical Systems 45.3.9. Applied Medical Coatings LLC. 45.3.10. Dymax Corporation 45.3.11. Raleigh Coatings 45.3.12. Abbott Laboratories 45.3.13. Biocoat Inc AeonClad 45.3.14. Bayer Material Science LLC 45.3.15. Boston Scientific Corporation 45.3.16. Covalon Technologies Ltd. 45.3.17. Endura Coatings Ltd 45.3.18. Specialty Coating Systems Inc. 45.3.19. TheraSyn Pharmaceuticals Inc. 46. Primary Key Insights