Single User License: $2750
Member Price: FREE
Use code SUMMER at checkout for 50% OFF
Already a member? Login to access this report free.
Report Highlights
The global market for medical device coatings is estimated to increase from $5.8 billion in 2022 to reach $9.7 billion by 2027, at a compound annual growth rate (CAGR) of 10.9% from 2022 through 2027.
Report Includes
- 53 data tables and 13 additional tables
- An overview of the global markets outlook for medical device coatings
- Analyses of global market trends, with data from 2021, 2022, estimation of 2023, and projections of compound annual growth rates (CAGRs) through 2027
- Highlights of the market opportunities, and major issues and trends affecting the medical industry and estimation of the market size by type, material, region, and application
- Detailed description of different types of coatings such as hydrophilic coatings, antimicrobial coatings, drug-eluting coatings and anti-thrombogenic coatings, and discussion on the product innovations within the medical industry
- Insight into the recent industry structure, regulations and policies, pipeline products, and the vendor landscape of the market leading participants
- Company profiles of the leading global players, including DSM, PPG Industries, Specialty Coating Systems Inc., SurModics, Inc., and PPG Industries
Report Scope
The medical device coatings market is segmented into the follow categories:
- Type: Antimicrobial coatings, hydrophilic coatings, drug-eluting coatings, anti-thrombogenic coatings, and others.
- Material: Polymers, metals, ceramics, and others.
- Application: General surgery, cardiovascular devices, orthopedics, radiology, dentistry, neurology, gynecology, and others.
- Region: North America, Europe, Asia-Pacific (APAC), and the Rest of the World.
Report Synopsis
| Report Metrics | Details | ||||||
|---|---|---|---|---|---|---|---|
| Base year considered | 2021 | ||||||
| Forecast period considered | 2022-2027 | ||||||
| Base year market size | $5.3 billion | ||||||
| Market size forecast | $9.7 billion | ||||||
| Growth rate | CAGR of 10.9% for the forecast period of 2022-2027 | ||||||
| Units considered | $ Millions | ||||||
| Segments covered | application, material, type, and region | ||||||
| Regions covered | North America, Europe, Asia-Pacific, and Rest of the World | ||||||
| Companies studied |
|
||||||
Frequently Asked Questions (FAQs)
Analyst Credentials
BCC Research Team possesses expertise and experience in life and physical science domains. They specialize in offering valuable business insights, including industry analysis, competitor intelligence, strategic and financial analysis, and opportunity assessment. The team has in-depth knowledge of various sectors, including healthcare, biotechnology, pharmaceuticals, IT, automation, advanced materials, and energy. They are proficient in qualitative and quantitative market intelligence providing clients with actionable insights. With a vast understanding of the competitive landscape, the team can support clients in making data-driven decisions to help them achieve a competitive edge in their respective markets.
Report Highlights
The global market for medical device coating reached $7.1 billion in 2016 and should reach $7.9 billion in 2021, with a compound annual growth rate (CAGR) of 2.2%.
Report Includes
- An overview of the global markets for medical device coatings and related technologies.
- Analyses of global market trends, with data from 2015, 2016, projections of compound annual growth rates (CAGRs) through 2021.
- Information on the specific drivers, trends, and challenges for different segments of the market.
- Valuable insight into future trends, details on products, and information on coating manufacturers who supply the materials, the medical device companies that use them and the members of the healthcare industry that influence purchases.
- Details pertaining to technologies, including alloy, ceramic, combination, energy-absorbing, energy-emitting, micro and nano, protective polymer, and surface treatment.
- Relevant patent analysis.
Report Highlights
The global medical device coating market reached about $6.1 billion in 2013. This market is expected to grow to $6.3 billion in 2014 and $9 billion in 2019, with a compound annual growth rate (CAGR) of 7.3% from 2014 to 2019.
Report Includes
- An overview of the global markets for medical device coatings and related technologies.
- Analyses of global market trends, with data from 2013, estimates for 2014, and projections of compound annual growth rates (CAGRs) through 2019.
- Information on the specific drivers, trends, and challenges for different segments of the market.
- Valuable insight into future trends, details on products, and information on coating manufacturers who supply the materials, the medical device companies which use it and the members of the healthcare that influence purchases.
- Details pertaining to technologies including alloy, ceramic, combination, energy-absorbing, energy-emitting, micro and nano, protective polymer, and surface treatment.
- Comprehensive profiles of major players in the industry.
Report Highlights
The global medical device coating market reached $4.8 billion in 2010 and $5.4 billion in 2011. The market is expected to grow from $5.7 billion in 2012 to nearly $8 billion in 2017, a five-year compound annual growth rate (CAGR) of 6.7%.
Report Highlights
- The global medical device coatings market will increase from an estimated $4.2 billion in 2008 to $4.7 billion in 2009. It should reach $7.5 billion in 2014, a compound annual growth rate (CAGR) of 9.9%.
- The NAFTA region has the largest share of the market with an estimated $2.1 billion in sales in 2008. This is expected to increase to $2.4 billion in 2009 and $3.9 billion in 2014, for a CAGR of 10.2%.
- The European Union has the second largest share of the market and is expected to generate $1.1 billion in 2008. This should increase slightly in 2009 and reach $2.0 billion in 2014, for a CAGR of 10.6%.
Report Highlights
- The value of worldwide sales for all categories of coatings and surface treatment processes used in manufacturing medical devices reached $2.96 billion in 2005.
- Fueled by an explosive growth in high-value combination products, such as arterial stents and antimicrobial-coated catheters, the global medical device coatings business will experience an average annual growth rate (AAGR) of 12.4%, reaching worldwide sales of $5.31 billion by 2010.
- The swift acceptance of drug-eluting stents as a "gold standard" treatment by surgeons around the globe suggests that the demand for other coated versions of existing medical devices will be equally swift. Our analysis further suggests that there will be a correspondingly swift acceptance of new coated devices as they are introduced.
Related Reports
Global Markets and Advanced Technologies for Paints and Coatings
The global market for paints and coatings was valued at $194.0 billion in 2023. The market is expected to grow from $203.8 billion in 2024 and should reach $263.2 billion by 2029, at a compound annual growth rate (CAGR) of 5.2% from 2024 to 2029.
Plastics for Healthcare Packaging
The global market value of plastics for healthcare packaging is expected to grow from $32.1 billion in 2023 and should reach $46.1 billion by the end of 2028, at a compound annual growth rate (CAGR) of 7.5% during the forecast period of 2023 to 2028.
Medical Plastics: Global Markets
The global market for medical plastics is estimated to increase from $25.6 billion in 2023 to reach $41.2 billion by 2028, at a compound annual growth rate (CAGR) of 10.0% from 2023 through 2028.
Global Healthcare Interoperability Solutions Market
The global market for healthcare interoperability solutions is expected to increase from $3.4 billion in 2023 to $6.1 billion by the end of 2028, with a compound annual growth rate (CAGR) of 12.7% during the forecast period of 2023-2028.
Recent Reports
Radiotherapy, Radiopharmaceuticals and Nuclear Medicine: Global Markets
The global market for radiation therapy products and radiopharmaceuticals is expected to grow from $17.5 billion in 2024 and is projected to reach $31.3 billion by the end of 2029, at a compound annual growth rate (CAGR) of 12.3% during the forecast period of 2024 to 2029.
Routine Health Screening Market
The global market for routine health screening is expected to grow from $59.7 billion in 2024 and is projected to reach $82.9 billion by the end of 2029, at a compound annual growth rate (CAGR) of 6.8% during the forecast period of 2024 to 2029.
Elder Care Services and Assistive Devices: Global Markets
The global market for elder care services and assistive devices is expected to grow from $868.2 billion in 2024 and is projected to reach $1.1 trillion by the end of 2029, at a compound annual growth rate (CAGR) of 5.8% during the forecast period of 2024 to 2029.
Direct-to-Consumer Testing Industry: Global Markets
The global market for direct-to-consumer (DTC) testing is estimated to increase from $1.6 billion in 2023 to reach $3.2 billion by 2029, at a compound annual growth rate (CAGR) of 12.5% from 2024 through 2029.
Health and Medical Insurance Providers: Global Markets
The global market for health and medical insurance providers is expected to grow from $2.2 trillion in 2023 to $3.4 trillion by the end of 2028, at a compound annual growth rate (CAGR) of 8.9% during the forecast period of 2023 to 2028.
Become A Member
BCC Research offers a comprehensive library of reports, granting members unlimited access to data, insights, and market intelligence for informed business decisions, while actively supporting members in their evolving journeys and prioritizing high-quality, relevant topics based on continuous engagement with the research community.
Find Out MoreCustom Consulting
BCC Research emphasizes the importance of organizations leveraging highly customized market insights aligned with specific strategic business objectives through direct engagement with primary sources and proprietary forecasting models for profitable decision-making in maximizing growth opportunities and minimizing risks.
Customize NowScorecard
The Venture Scorecard provides commercialization offices and decision makers with expert analysis, offering strategic insights crucial for aligning objectives with market realities at various stages of commercializing new products or evaluating investment opportunities, from opportunity assessment to growth planning.
Find Out MoreInnovation Spotlight
Our industry experts offer strategic guidance to maximize the market potential of commercialized products, patents, and IP by providing insights into market trends, competitive dynamics, and effective positioning, using the Innovation Spotlight service for enhanced exposure to thought leaders and the wider community.
Find Out More