Physical Vapor Deposition Market Size, Share & Trends Analysis Report By Category, By Application (Medical Equipment, Solar Products, Data Storage) By Region, And Segment Forecasts, 2020 - 2027
The global physical vapor deposition market size is expected to reach USD 30.3 billion by 2027, expanding at a CAGR of 6.1%. The rising sales of electronic goods in the emerging economies such as China, India, and Thailand is expected to surge the demand for memory chips, thereby driving the growth for physical vapor deposition technology over the coming years.
The demand for physical vapor deposition coatings is anticipated to grow significantly on account of their ability to improve product appearance and durability. The coatings do not require any process medium which makes it an environmentally friendly process that provides appealing, durable, and bright finishes on a wide variety of industrial and consumer components.
The demand for physical vapor deposition in the medical equipment industry is growing owing to the rising demand for wear-resistant and bio-compatible thin film coatings in various types of medical devices, including orthopedic plants, stents, pacemakers, medical pressure sensors, orthodontic appliances, dental instruments, and surgical instruments.
Constructive regulatory support for encouraging domestic level private investment in Mexico is likely to boost the semiconductor industry, thereby stimulating market growth of physical vapor deposition over the forecast period. In addition, increased spending on research and development by medical device manufacturers in U.S. is expected to further propel PVD market growth over the coming years.
Further key findings from the report suggest: • PVD equipment is expected to witness a CAGR of 5.8% from 2020 to 2027 on account of the rising demand for tool coating applications in automotive components, decorative coatings, and large dies and broaches
• The data storage application segment accounted for 23.6% of the revenue share in 2019 owing to rising demand for electronic data storage devices in consumer devices, commercial IT applications, computers, and the emerging spectrum of IoT applications
• The cutting tools application segment is expected to witness a CAGR of 4.7% from 2020 to 2027 as they are preferred in sharp edges and cutting applications such as end-milling, grooving, threading, and drilling
• Asia Pacific accounted for 46.4% of the revenue share in 2019 owing to the rising demand for flash memory and DRAM in the consumer and communication applications in China, South Korea, and India
• Companies are involved in extensive research and development activities along with mergers and acquisitions with the leading manufacturers and distributors to strengthen their presence in the emerging economies.
Our reports have been used by over 10K customers, including:
Report Scope The report focuses on select drugs (antimicrobials), environment treatment (disinfectants, sterilization systems etc.) and provisions in medical devices (e.g., catheters, patient ventilation devices, sterile IV filters) that prevent the occurrence of nosocomial infections. Within each type of treatment,...
The implementation of track and trace solutions and technologies is an important strategy adopted by many manufacturing companies and regulatory bodies in recent years. The global track and trace solutions market is projected to reach USD 7.3 billion by 2026 from USD 4.1 billion in 2021, at a CAGR of 12.1% during the forecast period. Growth...
In terms of revenue, the global USB Devices market was valued at US$ 30869.1 million in 2019 and it is projected to reach US$ 59266.8 million by 2027; it is expected to grow at a CAGR of 8.7% during the forecast period from 2020 to 2027. Universal serial bus (USB) or USB key or USB stick devices store data in flash memory with a USB-integrated...
175 pages •
By The Business Research Company
• Apr 2021
Major players in the ultrasound devices and equipment market are GE Healthcare, Siemens Healthineers, Philips Healthcare, Mindray Medical International Ltd and Fujifilm Holdings Corporation. The global ultrasound systems devices and equipment market is expected to grow from $8.43 billion in 2020 to $9.35 billion in 2021 at a compound...
175 pages •
By The Business Research Company
• Jun 2021
Major players in the microbiology diagnostics devices and equipment market are Becton Dickinnson and Company, Biomerieux, Danaher, Thermo Fisher Scientific, Abbott Laboratories, Bio-Rad Laboratories Inc., Bruker Corporation, Neogen Corporation, Merck KGaA, Charles River Laboratories International Inc, Don Whitley Scientific Limited, Quidel...
The global bone growth stimulator market size is projected to reach USD 1.5billion by 2026 from USD 1.1billion in 2021, at a CAGR of 5.8% during the forecast period. The growing patient preference for non-invasive and minimally invasive surgical treatments, the rising prevalence of target conditions, and the growing number of sports and accident-related...
The global medical device connectivity market is projected to reach USD 4.9billion by 2026 from USD 1.7billion in 2021, at a CAGR of 24.4%.Growth in this market is majorly driven by the increasing healthcare cost, the importance of integrating increasingly complex data sets, the growing adoption of electronic medical records and the implementation...
The global IoT medical devices market is projected to reach USD 94.2 billion by 2026 from USD 26.5 billion in 2021, at a CAGR of 28.9% during the forecast period. The growth of this market is majorly attributed to the need for cost-containment in healthcare delivery, rising focus on active patient engagement & patient-centric care delivery...
The global medical device contract manufacturing market is estimated to reach USD 113.3 billion in 2026 from USD 65.9 billion in 2021, at a CAGR of 11.5% during the forecast period. The key factors driving the growth of the medical device contract manufacturing market include the overall growth of the medical devices market, mainly due to...
The global diagnostic imaging market is projected to reach USD 35.0 billion by 2026 from USD 26.6 billion in 2020, at a CAGR of 5.7% from 2021 to 2026. The growth of this market is primarily driven by the increasing demand for early disease diagnosis and widening scope of clinical applications, rapidly growing geriatric population and the...
Medical Technology Density
Medical Devices Sales
You can change your Cookie Settings at any time but parts of our site will not function correctly without them.