Lucintel's latest market report analyzed that medical device coating provides attractive opportunities in the neurology, orthopedic, general surgery, cardiovascular, dentistry, and gynecology applications. The medical device coating market is expected to reach $11.2 billion by 2028 with a CAGR of 9.4%. In this market, antimicrobial is the largest segment by product, whereas cardiovascular is largest by application.
Based on product, the medical device coating market is segmented into hydrophilic coatings, antimicrobial coatings, drug-eluting coatings, anti-thrombogenic coatings, and others. The antimicrobial segment accounted for the largest share of the market in 2023 and is expected to register the highest CAGR during the forecast period, due to the increasing use of these coatings on multiple gadgets owing to their affordable and compatible nature, rising demand for implantable device, and growing chances of healthcare infections.
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The Medical Device Coating Market is marked by the presence of several big and small players. Some of the prominent players offering medical device coating include SurModics, Sono-Tek, DSM, Hydromer, and Covalon Technologies.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link helpdesk@lucintel.com.
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