Innovations in Protective Coatings for Medical Devices (Technical Insights)
Increasing concerns about HAI drive the adoption of in-vivo medical Implant Coatings
LONDON, Jan. 5, 2015 /PRNewswire/ -- This Research Service titled "Innovations in Protective Coatings for Medical Devices", aims at providing an overview of protective coatings on implants. It classifies the types of coating based on applications. The RS analyses the current market and technology trends, technological innovations and their impact in the market. A detailed technology roadmap is also developed that will help understand the adoption of protective coatings for implants. An overview of drivers and challenges faced by the industry and the scope of emerging technologies and their opportunities are also explained in this research service.
Research Scope
With the rise of world population, increase in awareness of health related issues and increased access to healthcare, the medical device industry is drastically in the expanding curve. The global revenue generated by medical device manufacturing companies is over $ billion, and more than $billion in 2013 is accounted to US-based medical device companies. The medical implants market is driven by an increase in health needs of old age people, varying lifestyle, trauma care, and advancement in medical technologies. According to the WHO (World Health Organization), there are more than million old age people in the world, out of which million are from developing countries. Increase in demand for orthopedic, cardiovascular, ophthalmic and orthodontic implants is expected in medical devices sector. However, high cost of treatment and proportional increase in failure of implants are major challenges facing this industry. This scenario signifies the importance of protective coatings for implants, which will increase the life of an implant by protecting it against a host of response issues.
Hence, this research service's prime focus would be on various types of protective coatings on medical implants used in-vivo.
This research service will cover the following key points related to protective coatings for in-vivo implants:
-Technology overview, technology capability, and value chain analysis of protective coatings.
-Industry trends and assessment of emerging innovations and their market significance to stakeholders.
-Key market drivers and challenges that will impact large-scale adoption of coatings of implants across application sectors.
-Demand side analysis of protective coatings focusing on end consumer needs.
-Emerging opportunities in the field of protective coatings and their evaluation.
-Key patents–both granted and in the application status–related to protective coatings on implants.
-Contacts of key stakeholders in the industry.
Key Findings
1 US demand for implantable medical devices is forecasted to be around $52 billion in 2015 and the market is expected to grow around the rate of% annually for the next years. Orthopedic implants will remain the largest and one of the fastest growing segment. Cardiac pacing devices will lead gains among cardiovascular implants. Other implants expected to do well include neuro stimulators and drug implants. The implant market will have a huge impact on the protective coating market.
2 Protective coating industries will be more productive and emerging in the North American region. Diverse developments will also be seen in Europe after North America. The Asia Pacific countries may not see much significant growth in terms of technology development as US or European countries; but developments in Japan and China will contribute significantly to the rise of the technology. Nevertheless, in the future, there is huge market potential for these technologies developed in North America and Europe in the APAC region.
3 Stakeholder initiatives, especially collaborations will take a major step in the advancement of protective coating technologies. Across globe, technology advancements from research institutes, academia and medical device manufacturers help in increasing the adoption of protective coatings. Also, there is increase in number of government funded research consortiums in the European region.
4 From passivation coatings to anti-thrombogenic coatings to dental implants or neurovascular implants productive innovations are being implemented across the globe. More developments are in the pipeline for patents. ISO and ASTM are developing more standards for the upcoming industry trends in protective coatings.
5 By 2020, the protective coating industry shall see a massive surge in developments and a whole range of improved biocompatible and durable implant devices for orthopaedic, orthodontic, and cardiac applications ready to be commercialized across the world.
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