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Healthcare

Medical Device Coatings  

Report Code: HLC049A, Published: April 2006

 

Click here for an updated version:  HLC049B

 
 

REPORT HIGHLIGHTS

  • The value of worldwide sales for all categories of coatings and surface treatment processes used in manufacturing medical devices reached $2.96 billion in 2005.
  • Fueled by an explosive growth in high-value combination products, such as arterial stents and antimicrobial-coated catheters, the global medical device coatings business will experience an average annual growth rate (AAGR) of 12.4%, reaching worldwide sales of $5.31 billion by 2010.
  • The swift acceptance of drug-eluting stents as a "gold standard" treatment by surgeons around the globe suggests that the demand for other coated versions of existing medical devices will be equally swift. Our analysis further suggests that there will be a correspondingly swift acceptance of new coated devices as they are introduced.

Report Code: HLC049A, Published: April 2006, Analyst: Jim Wilson

 
 

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