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Comprehensive Medical device coatings Market Insights: Forecasting Size, Growth, and Competitive Trends from 2025 to 2034

03-25-2025 05:48 AM CET | Health & Medicine

Press release from: The Business Research Company

Medical device coatings

Medical device coatings

Which drivers are expected to have the greatest impact on the over the medical device coatings market's growth?
The increasing demand for minimally invasive surgical procedures is expected to boost the growth of the medical device coatings market moving forward. These procedures are driven by advancements in medical technology, including better imaging systems, precision instruments, and innovative medical device coatings, all of which enhance surgical accuracy, shorten recovery times, and reduce patient complications. Medical device coatings play a key role in minimally invasive surgeries by providing lubricity, biocompatibility, and antimicrobial properties, which reduce friction, minimize tissue damage, and lower the risk of infections, thereby improving the safety and efficiency of these procedures. For example, in September 2023, the International Society of Aesthetic Plastic Surgery, based in Lebanon, reported an 11.2% overall increase in procedures performed by plastic surgeons in 2022, with over 14.9 million surgical and 18.8 million non-surgical procedures conducted worldwide. As a result, the growing demand for minimally invasive surgical procedures is driving the growth of the medical device coatings market.

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What is the future CAGR of the medical device coatings market, and how will it impact industry expansion?
The medical device coatings market has expanded significantly, growing from $12.21 billion in 2024 to $13.24 billion in 2025 at a CAGR of 8.5%. Growth factors include rising demand for antimicrobial coatings, increased need for minimally invasive surgeries, more startups developing medical device coatings, heightened emphasis on infection prevention, and the increasing prevalence of cancer.

The medical device coatings market is expected to grow substantially, reaching $18.16 billion by 2029 at a CAGR of 8.2%. Growth in this sector is attributed to the increasing demand for smart coatings, a rising emphasis on personalized medicine, a growing elderly population worldwide, improvements in durable medical device coatings, and a heightened prevalence of chronic illnesses. Key trends in this market include continued technological advancements, further developments in medical technology, strategic research collaborations, frequent product launches, and the widespread adoption of hydrophilic coatings.

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What are the most significant trends transforming the medical device coatings market today?
In the medical device coatings market, companies are developing hydrophilic medical device coatings to enhance device performance by improving lubricity, reducing friction, and ensuring biocompatibility. Hydrophilic coatings are surface treatments applied to medical devices to improve their ease of use and patient comfort. For instance, in October 2023, Surmodics Inc., a US-based company specializing in medical device coatings, launched Preside hydrophilic coatings. These coatings are designed to improve the performance of neurovascular, coronary, and peripheral vascular devices by offering low friction and low particulate generation, essential for navigating challenging vascular pathways while meeting increasing regulatory demands for particulate reduction.

Which key market segments comprise the medical device coatings market and drive its revenue growth?
The medical device coatings market covered in this report is segmented -

1) By Product: Hydrophilic Coatings, Antimicrobial Coatings, Drug-Eluting Coatings, Anti-Thrombogenic Coatings
2) By Material Type: Fluoropolymer, Silicone, Parylene, Metals
3) By Application: Medical Devices, Medical Implants, Medical Equipment And Tools, Protective Clothing
4) By End-User: General Surgery, Neurology, Cardiovascular, General Surgery, Gynecology, Dentistry, Other End Users

Subsegments:
1) By Hydrophilic Coatings: Polymer-Based Hydrophilic Coatings, Silicone-Based Hydrophilic Coatings, Hydrogel Coatings
2) By Antimicrobial Coatings: Silver-Based Coatings, Copper-Based Coatings, Polymer-Based Antimicrobial Coatings
3) By Drug-Eluting Coatings: Antiproliferative Drug Coatings, Anti-Inflammatory Drug Coatings, Antibiotic Drug Coatings
4) By Anti-Thrombogenic Coatings: Heparin-Based Coatings, Non-Heparin-Based Coatings, Polymer-Based Anti-Thrombogenic Coatings

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What regions are at the forefront of medical device coatings market expansion?
North America was the largest region in the medical device coatings market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the medical device coatings market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Who are the leading players fueling growth in the medical device coatings market?
Major companies operating in the medical device coatings market are Abbott Laboratories, PPG Industries Inc., Royal DSM N.V., Materion Corp., Merit Medical Systems Inc., Freudenberg Medical Europe GmbH, Specialty Coating Systems Inc., Surmodics Inc., Precision Coating Co. Inc., Sono-Tek Corporation, Biocoat Inc., Covalon Technologies Ltd., Harland Medical Systems Inc., Kisco Ltd., Coatings2Go LLC, Hemotek Medical Inc., AST Products Inc., Medical Surface Inc., Hydromer Inc., Allvivo Vascular Inc.

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What Is Covered In The Medical device coatings Global Market Report?

•Market Size Forecast: Examine the medical device coatings market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the medical device coatings market for a structured understanding.
•Key Players Overview: Analyze major players in the medical device coatings market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the medical device coatings market.
•Segment Contributions: Evaluate how different segments drive overall growth in the medical device coatings market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the medical device coatings market.
•Industry Challenges: Identify potential risks and obstacles affecting the medical device coatings market.
•Competitive Landscape: Review strategic developments in the medical device coatings market, including expansions, agreements, and new product launches.

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