The global Hydrophilic Coatings market was valued at US$ 7939.6 million in 2020 and it is expected to reach US$ 11860 million by the end of 2027, growing at a CAGR of 5.8% during 2021-2027.
Hydrophilic coatings are coatings that exhibit water attracting properties by participating in hydrogen bonding with water. Hydrophilic coatings are wettable and lubricious and can be applied to a variety of surfaces and materials. These coatings are generally ionic and negatively charged which aides in the formation of hydrogen bonds with water. In medical devices, hydrophilic coatings are used to create lubricious surfaces which reduce the trauma and irritation caused by the insertion of a medical device into the body. Hydrophilic coatings also help prevent bacterial colonization of the medical device and thus help to reduce the possibility of infections.
Medical sector is expected to have the highest demand for hydrophilic coatings in the coming years owing to its requirement in medical devices. There has been a massive increase in the expenditure on high-end medical devices due to the continuous need for proper medical and healthcare facilities, increasing health awareness and ageing population.
Global Hydrophilic Coatings Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Hydrophilic Coatings Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027.
Key Companies profiled in this report are Aculon, Biocoat, Harland Medical Systems, Hydromer, DSM and more in terms of market share by sales, revenue, average pricing, product type, margins, recent developments etc.
Find more details at: https://www.themarketreports.com/report/global-hydrophilic-coatings-market-outlook
Segment by Type
Segment by Application
- Medical Devices
Table of Content:
1 Hydrophilic Coatings Market Overview
2 Hydrophilic Coatings Market Competition by Manufacturers
3 Hydrophilic Coatings Retrospective Market Scenario by Region
4 Global Hydrophilic Coatings Historic Market Analysis by Type
5 Global Hydrophilic Coatings Historic Market Analysis by Application
6 Key Companies Profiled
7 Hydrophilic Coatings Manufacturing Cost Analysis
8 Marketing Channel, Distributors and Customers
9 Hydrophilic Coatings Market Dynamics
10 Global Hydrophilic Coatings Market Forecast
11 Research Finding and Conclusion
12 Methodology and Data Source
13 Forecast by Type and by Application (2022-2027)
14 Research Finding and Conclusion
15 Methodology and Data Source
Company Name: The Market Reports
Contact Person: Shirish Gupta
Peter Barzilai is a high school pitcher and college rower turned longtime World News journalist. Peter has also written for Buzz Feed and Huffington Post and many other major publications, Peter Loves everything about sports and loves to write on trending topics and he is DailyFactsNTrends member since 2017.