Absolute Markets Insights

Plasma Sprayed Coatings for Medical Use Market Estimated to Reach USD 3212.04 Mn by 2022 – Application, Analysis of Top Players Like APS Materials, Inc. (APS), CAM Bioce

The author of the report analyzed that the Global Plasma Sprayed Coatings for Medical Use Market accounted for US$ 2009.69 million in 2017

 

Pune, India -- (SBWIRE) -- 05/15/2018 -- Plasma sprayed coatings applied on implant surfaces have the ability to improve clinical outcomes for patients undergoing implantation. To achieve this, there is a need for implants that guarantee improved implant functionality, longevity and performance. However, low investments in the research and development could pose a challenge for such technological innovations. Implants coated using plasma sprayed technique are cost-effective and the materials used are non-polluting. This cost-effectiveness associated with plasma sprayed coating techniques along with the non-polluting nature of materials used could provide substantial growth opportunities for the Plasma Sprayed Coatings for Medical Use market in the future years.

The author of the report analyzed that the Global Plasma Sprayed Coatings for Medical Use Market accounted for US$ 2009.69 million in 2017. Plasma sprayed coatings on dental and orthopedic implants surfaces enables rapid osseointegration. High deposition rates, ease of operation, low cost and low substrate temperatures associated with plasma sprayed method makes it the most widely used commercial technique for coating implant surfaces.

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Plasma Sprayed Coatings is basically the spraying of molten or heat softened material onto a surface to provide a coating. Material in the form of powder is injected into a very high temperature plasma flame, where it is rapidly heated and accelerated to a high velocity. The hot material impacts on the substrate surface and rapidly cools forming a coating. This plasma spray process carried out correctly is called a "cold process" (relative to the substrate material being coated) as the substrate temperature can be kept low during processing avoiding damage, metallurgical changes and distortion to the substrate material.

The key business strategies such as M&A, affiliations, collaborations, and contracts adopted by the major players are also recognized and analyzed in the plasma sprayed coatings for medical use market report. For each company, the report recognizes their manufacturing base, competitors, product type, application and specification, pricing, and gross margin.

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Titanium Anticipated to be the Dominant Segment During the Forecast Period, 2018-2026
Among plasma sprayed coatings type, titanium has been a dominant segment in terms of revenue for the last few years and is expected to continue the trend during the forecast period. Implants sprayed with titanium give rise to a high value of surface roughness leading to a good interaction between the tissue and implant.
Rising Number of Hip and Knee Replacement Operations Is Expected to Drive the Market in North America
North America is anticipated to be the fastest growing region in plasma sprayed coatings for medical use market. There is a high incidence of joint replacements conducted in the United States, with over one million total hip and knee replacements being performed each year.

Plasma Sprayed Coatings for Medical Use Market is Fragmented with the Presence of Global and Regional Players
include APS Materials, Inc. (APS), CAM Bioceramics B.V, Oerlikon Metco, CERAMED, DOT GmbH, Eurocoating, CTS Exactech, Inc., BOC (A Member of Linde Group), IHI IonbondAG, Medicoat, Orchid, and Vivid Inc. among others. In 2013, CTS Ohio opened a new coating facility for roll coating.

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Plasma Sprayed Coatings for Medical Use Market – By Type
Titanium
Ceramic
Cobalt-chrome (Co-Cr)

Plasma Sprayed Coatings for Medical Use Market – By Application
Orthopedic Implants
Dental Implants

Plasma Sprayed Coatings for Medical Use Market – By Region
North America
Europe
Asia Pacific
Middle East and Africa
Latin America