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Medical Coatings Market Trends

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Report ID: 3897
Published Date: Aug 21, 2024
Report Format: PDF, PPT

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Medical Coatings Market Trends

Growth Drivers

Increasing Awareness Associated with Healthcare-Related Infections (HCAI)
Growing Usage of Minimally Invasive Surgical Procedures Globally

Challenges

Fluctuation in the Prices of Raw Materials

Medical Coatings Market: Key Insights

Base Year	2023
Forecast Year	2024-2036
CAGR	9.7%
Base Year Market Size (2023)	USD 4.71 billion
Forecast Year Market Size (2036)	USD 15.69 billion
Regional Scope	North America (U.S., and Canada) Asia Pacific (Japan, China, India, Indonesia, Malaysia, Australia, South Korea, Rest of Asia Pacific) Europe (UK, Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe) Latin America (Mexico, Argentina, Brazil, Rest of Latin America) Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)

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Browse Key Market Insights with Data Illustration:

Medical Device Coating Market Size & Share, Growth Report 2036

Author Credits: Radhika Pawar

Report ID: 3897
Published Date: Aug 21, 2024
Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of medical coatings is assessed at USD 5.08 billion.

Medical Coatings Market size was valued at USD 4.71 billion in 2023 and is anticipated to reach USD 15.69 billion by 2036, registering around 9.7% CAGR during the forecast period i.e., between 2024-2036. The market growth is driven by increasing awareness associated with healthcare-related infections (HCAI), and growing usage of minimally invasive surgical procedures globally.

Asia Pacific industry is likely to account for largest revenue share by 2036, 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.

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