Research and Markets (http://www.researchandmarkets.com/research/7kz9cr/global_medical) has announced the addition of the "Global Medical Device Coatings Market 2012-2016" report to their offering.

The analysts forecast the Global Medical Device Coatings market to grow at a CAGR of 8.55 percent over the period 2012-2016. One of the key factors contributing to this market growth is the increased awareness of minimally invasive surgeries. The Global Medical Device Coatings Market has also been witnessing an increased use of super hydrophilic coating in medical devices. However, the regulation for medical devices varies across countries and could pose a challenge to the growth of this market.

The key vendors dominating this space include Hydromer Inc., Materion Corp., Surmodics Inc., and Sono-Tek Corp.

The other vendors mentioned in the report are Abbott Laboratories, Angiotech Pharmaceuticals Inc., Bayer Material Science LLC, Biocoat Inc., Boston Scientific Corp., Carmeda AB, Cook Medical Inc., Cordis Corp., Covalon Technologies Ltd., Covidien Plc, CR Bard, DePuy Inc., EIS Optics Ltd., Endura Coatings Ltd., Ionbond AG, Jotec GmbH, Kane Biotech Inc., Medi-Solve Coatings LLC, Medtronic Inc., N8 Medical Inc, Parker Medical Systems, Parlex Corp., Precision Coating Company Inc., Royal DSM N.V., Specialty Coating Systems Inc., Spectranectics Corp., Stryker Corp., and TheraSyn Pharmaceuticals Inc.

Commenting on the report, an analyst from the Healthcare team said: Medical devices that require excellent water attraction and optical clarity have super-hydrophilic coatings. Super-hydrophilic coatings are increasingly being preferred by medical device manufacturers for use on their products because these coatings have several advantages. This type of coating is used on catheters that require lubrication when inserted in percutaneous trans-luminal coronary angioplasty surgery and for stent placement. Hence, the growing popularity of super-hydrophilic coatings is a new trend that is expected to have a strong impact on the market.

For more information visit http://www.researchandmarkets.com/research/7kz9cr/global_medical

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Sector: Medical Devices