Medical Coatings Market Size

Medical Coatings Market size was over USD 5.17 billion in 2024 and is poised to exceed USD 17.23 billion by 2037, growing at over 9.7% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of medical coatings is evaluated at USD 5.6 billion.

The growth of the market can be attributed to the increasing awareness related to healthcare-associated infections (HCAI), and growing usage of minimally invasive surgical procedures globally. In 2018, robot-assisted surgeries accounted for more than 13% of all the general surgeries performed in the world, up from about 2% in the year 2012.

Along with these, rising demand for lightweight medical equipment that can navigate through complex procedures is also expected to drove market growth in the upcoming years. Furthermore, high requirement for quality healthcare, and escalating government expenditures in healthcare in developing nations are projected to offer lucrative opportunities to the market in the near future.

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of medical coatings is evaluated at USD 5.6 billion.

Medical Coatings Market size was over USD 5.17 billion in 2024 and is poised to exceed USD 17.23 billion by 2037, growing at over 9.7% CAGR during the forecast period i.e., between 2025-2037.

Asia Pacific industry is estimated to dominate majority revenue share by 2037, impelled by increasing number of hospitals, and growing investments to improve healthcare facilities in the region.

The major players in the market are Koninklijke DSM N.V., Biocoat Inc., Endura Coatings, Freudenberg Medical LLC, and others.

Medical Coatings Market Size