Global Medical Coatings market report, size, share, trends and forecast to 2028

Stratistics MRC, the Global Medical Coatings Market is accounted for $4.41 billion in 2022 and is expected to reach $8.62 billion by 2028 growing at a CAGR of 11.8% during the forecast period.

Medical coatings should be sterilizable on all substrates, including metals, glass, plastic, silicone rubber, and the majority of other substrate types. Medical coatings are extensively utilised to develop device performance and product surface functionality. Additionally, coatings contribute to wetting, surface covering, and coating homogeneity while lowering friction among tissues and devices.

Any surgical procedure performed through a small slit rather than a large breach is referred to as minimally invasive surgery. Minimally Invasive Surgery (MIS) has become increasingly popular over the past 20 years, and there is still plenty of space for expansion. The emergence of MIS procedures was largely aided by the convergence of multiple technologies, particularly those from the digital and electronic industries, which allowed device manufacturers to build more precise, less expensive, and simpler to use devices for a wider range of processes.

By geography, Asia Pacific is projected to have the highest CAGR over the forecast period, owing to rising residents, increasing percentage of the geriatric population, developing healthcare investments, and growing income levels in the region are the main drivers for the medical coatings market in this region. Positive changes in the infrastructure of the healthcare system and public-private partnerships have been made in the Asia Pacific region's healthcare sector.

Some of the key players profiled in the Medical Coatings Market include Hydromer, Specialty Coating Systems Inc., Abbott, Endura Coatings, Merit Medical Systems, Inc., Covalon Technologies Ltd, Medicoat AG, Surmodics Inc., Biocoat Incorporated., Koninklijke DSM N.V., AST Products, Inc., Precision Coating Company Inc., Harland Medical Systems, Inc., Bayer AG, DuPont, Medtronic PLC, N2 Biomedical and Olympus Corporation.

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By Types:
• Hydrophilic
• Anti-Microbial
• Anti-Thrombogenic
• Drug-Eluting
• Lubricants
• Other Types

By Substrate Types:
• Polymer
• Metals
• Ceramics
• Glass
• Composite
• Silicone
• Parylene
• Fluoropolymer
• Other Substrate Types

By Coating Types:
• Active Coatings
• Passive Coatings
• Other Coating Types

By Applications :
• Medical Equipment & Tools
• Medical Device
• Protective Clothing
• Medical Implants
• Cardiovascular
• Urology and Gastroenterology
• Surgical Instruments
• Other Applications

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● Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
● Competitive Benchmarking
● Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

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