Global Catheter Coatings Market to Reach $1.52 Billion by 2026: AMR

7 July 2020

Portland, OR, July 07, 2020 (GLOBE NEWSWIRE) -- According to the report published by Allied Market Research,the global catheter coatings market generated $918.9 million in 2018, and is estimated to reach $1.52 billion by 2026, registering a CAGR of 6.5% from 2019 to 2026. The report offers anextensive analysis of changing market dynamics, key winning strategies, business performance, major segments, and competitive scenarios.

Surge in number of patients affected from catheter-associated urinary tract infection (CAUTI)drivesthe growth of the global catheter coatings market.However,high cost associated with raw materialshinders the market growth. Furthermore,increasing population of aging people and rise in demand for better healthcare facilities is expected to create new growth opportunitiesfor the market player during the forecast period.

Request Sample Report at: https://www.alliedmarketresearch.com/request-sample/4200

Covid-19 scenario:

  • Several major manufacturers of catheter coatings across the globe have halted their production during Covid-19 pandemic due to disrupted supply of raw materials such as silicone and latex amid lockdown.
  • The demand for catheter coatings is likely to increase during the Covid-19 pandemic for manufacturing of urinarycathetersystems to treat the bedridden aging people suffering from catheter-associated urinary tract infection.

The report offers a detailed segmentation of the global catheter coatings market based onmaterial, type, and region.

Based on material, the polymer segment contributed to the largest share in 2018, accounting fornearly three-fifths of the total share, and is estimated to maintain its dominant position during the forecast period. In addition, it is estimated to portray the highest CAGR of 6.7% during the forecast period.The report also offers analysis of the metal segment.

Based on type, the hydrophilliccoatings segment accounted for the largest share in 2018, holding more than two-fifthsof the total share, and is expected to maintain the largest share throughout the forecast period. In addition, it is expected to register the highest CAGR of 7.3% from 2019 to 2026.The report provides analysis of segments such as drug-eluting coatings, anti-microbial coatings, and others.

Based on region, North Americacontributed the highest share, accounting formore than one-third of the total market sharein 2018, and will maintain its dominance throughout the forecast period.However,Asia-Pacific is expected to grow at the highest CAGR of 8.1% from 2019 to 2026.

For Purchase Enquiry at: https://www.alliedmarketresearch.com/purchase-enquiry/4200

Leading market players analyzed in the research include Biocoat Incorporated, B. Braun Melsungen AG,CuumedCatheter Medical Co., Ltd.,Covalon OEM Technologies, Lipocoat BV,Hydromer, Royal DSM, Polyone Corporation, Surmodics, Inc., and Specialty Coating Systems Inc.

Avenue Basic Plan | Library Access | 1 Year Subscription |

Sign up for Avenue subscription to access more than 12,000+ company profiles and 2,000+ niche industry market research reports at $699 per month, per seat. For a year, the client needs to purchase minimum 2 seat plan.

Avenue Library Subscription | Request for 14 days free trial of before buying:https://www.alliedmarketresearch.com/avenue/trial/starter

Get more information:https://www.alliedmarketresearch.com/library-access

Similar Reports:

Medical Device Coatings Market- Global Opportunity Analysis and Industry Forecast, 2017-2023

Urinary Self-Catheters Market - Global Opportunity Analysis and Industry Forecast, 2019–2026

Hemodialysis Catheter Market - Global Opportunity Analysis and Industry Forecast, 2017-2023

Catheters Market -Global Opportunity Analysis and Industry Forecast, 2018 - 2025

 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.

Contact:David Correa5933 NE Win Sivers Drive#205, Portland, OR 97220United StatesUSA/Canada (Toll Free): +1-800-792-5285, +1-503-894-6022, +1-503-446-1141UK: +44-845-528-1300Hong Kong: +852-301-84916India (Pune): +91-20-66346060Fax: +1(855)550-5975help@alliedmarketresearch.comWeb: https://www.alliedmarketresearch.comFollow Us on LinkedIn: https://www.linkedin.com/company/allied-market-research

Primary Logo