Catheter Coatings Market - Forecast(2021 - 2026)

Report Code: HCR 83730 Report Format: PDF + Excel (Delivery in 48 Hrs)

Catheter Coatings Market Overview                                                            

Catheter Coatings Market size is estimated to reach $1.5 billion by 2026, growing at a CAGR of 6.4% during the forecast period 2021-2026. Catheter Coatings are the catheters that have been coated with an additional substance. These coatings allow the catheters to pass through the body very easily. The coated catheters have a significant reduction in bacterial adhesion, compared to uncoated catheters. These coatings also bring attraction to temporary as well as permanently implanted medical devices. The rise in the adoption of hydrophilic coatings on medical devices, increase in the demand for coated latex rubber catheters in developed nations, growing prevalence of catheter-associated urinary tract infections, rise in the demand for cardiovascular and urology catheters, and an increase in the demand for coated catheters that allow intravascular drug delivery are the factors that are set to drive the growth of the Catheter Coatings Market for the period 2021-2026.

Catheter Coatings Market Report Coverage

The report: Catheter Coatings Market Forecast (2021-2026)”, by Industry ARC, covers an in-depth analysis of the following segments of the Catheter Coatings Market.

By Type: Hydrophilic Coatings, Anti-microbial Coatings, Drug-eluting Coatings, and Others.
By Material: Metal and Polymer.
By Geography: North America (U.S., Canada, and Mexico), Europe (Germany, UK, France, Italy, Spain, Russia, and Rest of Europe), Asia-Pacific (China, India, Japan, South Korea, Australia & New Zealand, and Rest of Asia-Pacific), South America (Brazil, Argentina, and Rest of South America) and Rest of World (Middle East and Africa).

Key Takeaways

  • Geographically, North American Catheter Coatings Market accounted for the highest revenue share in 2020 and is poised to dominate over the period 2021-2026 owing to the growing demand for coated latex rubber catheters.
  • The increase in the adoption of hydrophilic coatings on medical devices is driving the hydrophilic coatings segment.
  • The regulatory concerns in developed nations are one of the major restraining factors that reduce the growth of the Catheter Coatings Market.
  • Detailed analysis on the Strength, Weakness, and Opportunities of the prominent players operating in the market will be provided in the Catheter Coatings Market report.

Catheter Coatings Market Segment Analysis-By Type

The Catheter Coatings Market based on the Type can be further segmented into the Hydrophilic Coatings, Anti-microbial Coatings, Drug-eluting Coatings, and Others. The Hydrophilic Coatings segment held the largest share in 2020 and is also estimated to be the fastest growing segment with a CAGR of 7.2% over the period 2021-2026. This growth is owing to the factors such as the ability to reduce bacterial adhesion, facilitate aqueous interactions, and eliminate thrombosis. These coatings are biocompatible and durable and are the most used coatings for medical devices. These coatings are increasingly used for lower-cost catheter devices, which is driving the growth of the Catheter Coatings Market. The Drug-eluting segment held the second largest share in 2020 owing to its advantage of delivering an effective antirestenotic drug. These coatings have revolutionized the treatment of various diseases owing to its potential in decreasing the risk of late complications.

 Catheter Coatings Market Size, By Type, 2020-2026 (USD Million)

Catheter Coatings Market Segment Analysis-By Material

The Catheter Coatings Market based on the Material can be further segmented into Metal and Polymer. The Polymer segment held the largest share in 2020 and is also estimated to be the fastest growing segment with a CAGR of 6.7% over the period 2021-2026. This growth is owing to the factors such as growing demand for growing usage of polymers for surface coatings of central and cardiac catheters and rise in the advanced polymer product launches by the key players. The catheters coated with polymers allow intravascular drug delivery and also prevent the growth of microorganisms on the tissue surface, which is driving the growth of the Catheter Coatings Market. The Metal segment held the second largest share in 2020 owing to its anti-bacterial properties that prevent microbial growth on the surface of the catheters and its biocompatibility, which extends the usable life of the device.

Catheter Coatings Market Segment Analysis-By Geography

North America held the largest share with 32% of the overall market in 2020. The growth in this segment is owing to the factors such as increase in the demand for coated latex rubber catheters, rise in the demand for drug-eluting coatings, and growing prevalence of urinary incontinence. The rise in the adoption of hydrophilic coatings on medical devices is driving the growth of the Catheter Coatings Market. Asia-Pacific is estimated to be the fastest growing segment over the period 2021-2026. The growth in this segment is owing to the factors such as increase in the awareness about coated urinary self-catheters, rise in the adoption of antimicrobial coatings, and growing demand for intermittent catheters.

Catheter Coatings Market Drivers

Rise in the demand for Hydrophilic Coatings

The hydrophilic coatings are designed to reduce the friction as the catheter is inserted with the intention to reduce the risk of urethral damage. Moreover, manual lubrication is not required for the hydrophilic coatings catheters as they are more sterile and are less likely to cause infection, which is one of the major factors that is driving the growth of the Catheter Coatings Market.

Increase in the Adoption of Coatings on Medical Devices in Developed Nations

The coatings on medical devices are increasingly being adopted in developed nations to reduce friction between medical devices and blood vessels. Hydrophilic coatings also offer physicians greater maneuverability and result in less trauma to blood vessels for patients. Moreover, these coatings effectively allow blood to wick over the implanted, which is propelling the growth of the Catheter Coatings Market.

Catheter Coatings Market Challenges

Major Regulatory Concerns

The strict regulations by regulatory bodies in some developed nations is one of the major factors that is estimated to reduce the growth of the Catheter Coatings Market. The regulations on metallic coatings and absence of Food and Drug Administration (FDA) guidance on antimicrobial coating techniques has further limited the demand for antimicrobial coating on medical devices.

Catheter Coatings Market Landscape:

Product launches, mergers and acquisitions, joint ventures, and geographical expansions are key strategies adopted by players in the Catheter Coatings Market. Key companies of this market are ROYAL DSM, Surmodics Inc, Hydromer, Polyone Corporation, Toray Industries Inc, Mitsubishi Rayon Co Ltd, Composiflex Inc, Biocoat Incorporated, Covalon OEM Technologies, and Icotec AG among others.

Relevant Titles

Medical Coatings Market - Forecast (2021 - 2026)

Report Code: CMR 0675

Balloon Catheter Market - Industry Analysis, Market Size, Share, Trends, Application Analysis, Growth And Forecast 2021 - 2026

Report Code: HCR 91664

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1. Catheter Coatings Market - Overview
    1.1 Definitions and Scope
2. Catheter Coatings Market - Executive Summary
    2.1 Market Revenue and Key Trends by Company
    2.2 Key trends by Type
    2.3 Key trends by Material
    2.4 Key trends by Geography
3. Catheter Coatings Market – Comparative Analysis
    3.1 Product Benchmarking – Key Companies
    3.2 Financial Analysis – Key Companies
    3.3 Market Value Split by Key Companies
    3.4 Patent Analysis – Key Companies
    3.5 Pricing Analysis
4. Catheter Coatings Market - Startup Companies Scenario Premium
    4.1 Key Startup Company Analysis by
        4.1.1 Investment
        4.1.2 Revenue
        4.1.3 Venture Capital and Funding Scenario
5. Catheter Coatings Market – Industry Market Entry Scenario Premium Premium
    5.1 Regulatory Framework Overview
    5.2 New Business and Ease of Doing business index
    5.3 Case Studies of Successful Ventures
6. Catheter Coatings Market Forces
    6.1 Market Drivers
    6.2 Market Constraints/Challenges
    6.3 Porters five force model
        6.3.1 Bargaining power of suppliers
        6.3.2 Bargaining powers of customers
        6.3.3 Threat of new entrants
        6.3.4 Rivalry among existing players
        6.3.5 Threat of substitutes
7. Catheter Coatings Market – Strategic Analysis
    7.1 Value Chain Analysis
    7.2 Opportunities Analysis
    7.3 Market Life Cycle
8. Catheter Coatings Market – By Type(Market Size –$Million/$Billion)
    8.1 Hydrophilic Coatings
    8.2 Anti-microbial Coatings
    8.3 Drug-eluting Coatings
    8.4 Others
9. Catheter Coatings Market – By Material(Market Size –$Million/$Billion)
    9.1 Metal
    9.2 Polymer
10. Catheter Coatings Market - By Geography(Market Size –$Million/$Billion)
    10.1 North America
        10.1.1 U.S.
        10.1.2 Mexico
        10.1.3 Canada
    10.2 Europe
        10.2.1 U.K.
        10.2.2 France
        10.2.3 Germany
        10.2.4 Italy
        10.2.5 Spain
        10.2.6 Russia
        10.2.7 Rest of Europe
    10.3 Asia Pacific
        10.3.1 China
        10.3.2 India
        10.3.3 Japan
        10.3.4 South Korea
        10.3.5 Australia & New Zealand
        10.3.6 Rest of APAC
    10.4 South America
        10.4.1 Brazil
        10.4.2 Argentina
        10.4.3 Rest of South America
    10.5 Rest of the World
        10.5.1 Middle East
        10.5.2 Africa
11. Catheter Coatings Market - Entropy
12. Catheter Coatings Market – Industry/Segment Competition Landscape Premium
    12.1 Market Share Analysis
        12.1.1 Global Market Share – Key Companies
        12.1.2 Market Share by Region – Key companies
        12.1.3 Market Share by Countries – Key Companies
        12.1.4 Best Practices for Companies
13. Catheter Coatings Market – Key Company List by Country Premium Premium
14. Catheter Coatings Market Company Analysis
    14.1 Company 1
    14.2 Company 2
    14.3 Company 3
    14.4 Company 4
    14.5 Company 5
    14.6 Company 6
    14.7 Company 7
    14.8 Company 8
    14.9 Company 9
    14.10 Company 10
"*Financials for private companies would be provided on a best efforts basis”.

LIST OF TABLES

1.Global CATHETER COATINGS MARKET, BY MATERIAL TYPE Market 2019-2024 ($M)
1.1 PLASTIC Market 2019-2024 ($M) - Global Industry Research
1.2 LATEX RUBBER Market 2019-2024 ($M) - Global Industry Research
1.3 POLYTETRAFLUOROETHYLENE PTFE COATED LATEX Market 2019-2024 ($M) - Global Industry Research
1.4 SILVER-ALLOY COATED CATHETERS Market 2019-2024 ($M) - Global Industry Research
1.5 SILICONE Market 2019-2024 ($M) - Global Industry Research
1.6 SILICONE-ELASTOMER COATED LATEX Market 2019-2024 ($M) - Global Industry Research
1.7 HYDROPHILIC POLYMER COATED LATEX Market 2019-2024 ($M) - Global Industry Research
2.Global CATHETER COATINGS MARKET, BY MATERIAL TYPE Market 2019-2024 (Volume/Units)
2.1 PLASTIC Market 2019-2024 (Volume/Units) - Global Industry Research
2.2 LATEX RUBBER Market 2019-2024 (Volume/Units) - Global Industry Research
2.3 POLYTETRAFLUOROETHYLENE PTFE COATED LATEX Market 2019-2024 (Volume/Units) - Global Industry Research
2.4 SILVER-ALLOY COATED CATHETERS Market 2019-2024 (Volume/Units) - Global Industry Research
2.5 SILICONE Market 2019-2024 (Volume/Units) - Global Industry Research
2.6 SILICONE-ELASTOMER COATED LATEX Market 2019-2024 (Volume/Units) - Global Industry Research
2.7 HYDROPHILIC POLYMER COATED LATEX Market 2019-2024 (Volume/Units) - Global Industry Research
3.North America CATHETER COATINGS MARKET, BY MATERIAL TYPE Market 2019-2024 ($M)
3.1 PLASTIC Market 2019-2024 ($M) - Regional Industry Research
3.2 LATEX RUBBER Market 2019-2024 ($M) - Regional Industry Research
3.3 POLYTETRAFLUOROETHYLENE PTFE COATED LATEX Market 2019-2024 ($M) - Regional Industry Research
3.4 SILVER-ALLOY COATED CATHETERS Market 2019-2024 ($M) - Regional Industry Research
3.5 SILICONE Market 2019-2024 ($M) - Regional Industry Research
3.6 SILICONE-ELASTOMER COATED LATEX Market 2019-2024 ($M) - Regional Industry Research
3.7 HYDROPHILIC POLYMER COATED LATEX Market 2019-2024 ($M) - Regional Industry Research
4.South America CATHETER COATINGS MARKET, BY MATERIAL TYPE Market 2019-2024 ($M)
4.1 PLASTIC Market 2019-2024 ($M) - Regional Industry Research
4.2 LATEX RUBBER Market 2019-2024 ($M) - Regional Industry Research
4.3 POLYTETRAFLUOROETHYLENE PTFE COATED LATEX Market 2019-2024 ($M) - Regional Industry Research
4.4 SILVER-ALLOY COATED CATHETERS Market 2019-2024 ($M) - Regional Industry Research
4.5 SILICONE Market 2019-2024 ($M) - Regional Industry Research
4.6 SILICONE-ELASTOMER COATED LATEX Market 2019-2024 ($M) - Regional Industry Research
4.7 HYDROPHILIC POLYMER COATED LATEX Market 2019-2024 ($M) - Regional Industry Research
5.Europe CATHETER COATINGS MARKET, BY MATERIAL TYPE Market 2019-2024 ($M)
5.1 PLASTIC Market 2019-2024 ($M) - Regional Industry Research
5.2 LATEX RUBBER Market 2019-2024 ($M) - Regional Industry Research
5.3 POLYTETRAFLUOROETHYLENE PTFE COATED LATEX Market 2019-2024 ($M) - Regional Industry Research
5.4 SILVER-ALLOY COATED CATHETERS Market 2019-2024 ($M) - Regional Industry Research
5.5 SILICONE Market 2019-2024 ($M) - Regional Industry Research
5.6 SILICONE-ELASTOMER COATED LATEX Market 2019-2024 ($M) - Regional Industry Research
5.7 HYDROPHILIC POLYMER COATED LATEX Market 2019-2024 ($M) - Regional Industry Research
6.APAC CATHETER COATINGS MARKET, BY MATERIAL TYPE Market 2019-2024 ($M)
6.1 PLASTIC Market 2019-2024 ($M) - Regional Industry Research
6.2 LATEX RUBBER Market 2019-2024 ($M) - Regional Industry Research
6.3 POLYTETRAFLUOROETHYLENE PTFE COATED LATEX Market 2019-2024 ($M) - Regional Industry Research
6.4 SILVER-ALLOY COATED CATHETERS Market 2019-2024 ($M) - Regional Industry Research
6.5 SILICONE Market 2019-2024 ($M) - Regional Industry Research
6.6 SILICONE-ELASTOMER COATED LATEX Market 2019-2024 ($M) - Regional Industry Research
6.7 HYDROPHILIC POLYMER COATED LATEX Market 2019-2024 ($M) - Regional Industry Research
7.MENA CATHETER COATINGS MARKET, BY MATERIAL TYPE Market 2019-2024 ($M)
7.1 PLASTIC Market 2019-2024 ($M) - Regional Industry Research
7.2 LATEX RUBBER Market 2019-2024 ($M) - Regional Industry Research
7.3 POLYTETRAFLUOROETHYLENE PTFE COATED LATEX Market 2019-2024 ($M) - Regional Industry Research
7.4 SILVER-ALLOY COATED CATHETERS Market 2019-2024 ($M) - Regional Industry Research
7.5 SILICONE Market 2019-2024 ($M) - Regional Industry Research
7.6 SILICONE-ELASTOMER COATED LATEX Market 2019-2024 ($M) - Regional Industry Research
7.7 HYDROPHILIC POLYMER COATED LATEX Market 2019-2024 ($M) - Regional Industry Research

LIST OF FIGURES

1.US Catheter Coatings Market Revenue, 2019-2024 ($M)
2.Canada Catheter Coatings Market Revenue, 2019-2024 ($M)
3.Mexico Catheter Coatings Market Revenue, 2019-2024 ($M)
4.Brazil Catheter Coatings Market Revenue, 2019-2024 ($M)
5.Argentina Catheter Coatings Market Revenue, 2019-2024 ($M)
6.Peru Catheter Coatings Market Revenue, 2019-2024 ($M)
7.Colombia Catheter Coatings Market Revenue, 2019-2024 ($M)
8.Chile Catheter Coatings Market Revenue, 2019-2024 ($M)
9.Rest of South America Catheter Coatings Market Revenue, 2019-2024 ($M)
10.UK Catheter Coatings Market Revenue, 2019-2024 ($M)
11.Germany Catheter Coatings Market Revenue, 2019-2024 ($M)
12.France Catheter Coatings Market Revenue, 2019-2024 ($M)
13.Italy Catheter Coatings Market Revenue, 2019-2024 ($M)
14.Spain Catheter Coatings Market Revenue, 2019-2024 ($M)
15.Rest of Europe Catheter Coatings Market Revenue, 2019-2024 ($M)
16.China Catheter Coatings Market Revenue, 2019-2024 ($M)
17.India Catheter Coatings Market Revenue, 2019-2024 ($M)
18.Japan Catheter Coatings Market Revenue, 2019-2024 ($M)
19.South Korea Catheter Coatings Market Revenue, 2019-2024 ($M)
20.South Africa Catheter Coatings Market Revenue, 2019-2024 ($M)
21.North America Catheter Coatings By Application
22.South America Catheter Coatings By Application
23.Europe Catheter Coatings By Application
24.APAC Catheter Coatings By Application
25.MENA Catheter Coatings By Application
26.TORAY INDUSTRIES INC., Sales /Revenue, 2015-2018 ($Mn/$Bn)
27.QUATRO COMPOSITE LCC, Sales /Revenue, 2015-2018 ($Mn/$Bn)
28.ACP COMPOSITES, INC., Sales /Revenue, 2015-2018 ($Mn/$Bn)
29.MITSUBISHI RAYON CO. LTD., Sales /Revenue, 2015-2018 ($Mn/$Bn)
30.VERMONT COMPOSITES, INC., Sales /Revenue, 2015-2018 ($Mn/$Bn)
31.ROYAL DSM, Sales /Revenue, 2015-2018 ($Mn/$Bn)
32.ICOTEC AG, Sales /Revenue, 2015-2018 ($Mn/$Bn)
33.POLYONE POLYMERS INDIA PVT. LTD, Sales /Revenue, 2015-2018 ($Mn/$Bn)
34.COMPOSIFLEX INC, Sales /Revenue, 2015-2018 ($Mn/$Bn)
35.POLYGON COMPANY, Sales /Revenue, 2015-2018 ($Mn/$Bn)