Medical Device Coating Market Report 2025 by Delvens offers comprehensive market insights, empowering businesses with a competitive edge. It includes detailed estimates for numerous segments and sub-segments, providing valuable strategic guidance.
The global Medical Device Coating Market size is projected to reach a CAGR of 19.4% and Forecast to 2030.
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Medical device coatings (MDCs) are substances that enhance the mobility and performance of a medical device. MDCs are utilized to prevent surfaces of several medical devices, such as dentistry, neurology, and others. Their use results in proper sanitation, corrosion resistance and biocompatibility. Their use reduces thrombogenicity, allergic reactions and trauma to blood vessels. In addition, medical device coatings exhibit different types of properties such as these coatings can be hydrophilic or hydrophobic in nature.
The medical device coating market is witnessing significant growth and is expected to continue its upward trajectory in the coming years. The increasing demand for medical devices with advanced functionalities, coupled with the rising prevalence of chronic diseases and the growing geriatric population, is driving the demand for innovative and reliable medical device coatings. Additionally, technological advancements in coating materials and manufacturing processes are enabling the development of advanced coatings with enhanced properties such as biocompatibility, anti-microbial properties, and improved durability.
Competitive Landscape
· AST Products, Inc.
· Bayer Ag
· Biocoat Incorporated
· Covalon Technologies Ltd.
· Harland Medical Services
· Hydromer Inc
· Kisco Ltd.
· Precision Coating
· Surmodics Inc.
· Royal DSM
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Furthermore, these coatings are used for various kinds of medical devices such as general surgery devices, cardiovascular devices, orthopaedic devices, dental implants, neurology devices, gynaecology devices and others.
North America to Dominate the Market
North America dominated the market for medical device coating with the largest revenue share.
This is attributed to favourable healthcare resources, along with the rising frequency of cardiometabolic disorders, such as Pulmonary Embolism (PE) and Deep Vein Thrombosis (DVT). Moreover, the high adoption of advanced surgical treatments, and rising healthcare infrastructure in the U.S. are expected to boost the demand for medical device coating in the coming years.
Recent Developments:
April 2022- Biocoat Inc., a manufacturer of hydrophilic biomaterials coatings and coating equipment for medical devices, announced its expansion into hydrophilic dip coatings. The company is set to design, develop, and deliver the dip coating technology to coat medical devices.
March 2022 - DSM Biomedical, a global player in biomaterials, and Svelte Medical Systems, a highly deliverable balloon expandable stents manufacturer, collaborated for the development of DISCREET Bioresorbable Coating Technology used with SLENDER IDS and DIRECT RX Bioresorbable Coated Drug-Eluting Stent (DES) Systems.
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Reasons to Acquire
Increase your understanding of the market for identifying the most suitable strategies and decisions based on sales or revenue fluctuations in terms of volume and value, distribution chain analysis, market trends and factors.
Gain authentic and granular data access for Medical Device Coating Market to understand the trends and the factors involved in changing market situations.
Qualitative and quantitative data utilization to discover arrays of future growth from the market trends of leaders to market visionaries and then recognize the significant areas to compete in the future.
In-depth analysis of the changing trends of the market by visualizing the historic and forecast year growth patterns.
In addition to the market data for Medical Device Coating Market, Delvens offers client-centric reports and customized according to the company’s specific demand and requirement.
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Delvens is a strategic advisory and consulting company headquartered in New Delhi, India. The company holds expertise in providing syndicated research reports, customized research reports and consulting services. Delvens qualitative and quantitative data is highly utilized by each level from niche to major markets, serving more than 1K prominent companies by assuring to provide the information on country, regional and global business environment. We have a database for more than 45 industries in more than 115+ major countries globally.
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