NEW YORK , Oct. 17, 2024 /PRNewswire/ -- Report with market evolution powered by AI - The Global Medical Coatings Market size is estimated to grow by USD 5.07 billion from 2024-2028, according to Technavio.
The market is estimated to grow at a CAGR of over 5.7% during the forecast period. Growing geriatric population is driving market growth, with a trend towards technological advancements in medical coatings .
However, stringent government regulations poses a challenge - Key market players include Advanced Plating Technologies, Applied Medical Coatings LLC, AST Products Inc., Biocoat Inc., Covalon Technologies Ltd.
, Endura Coatings, Formacoat LLC, Freudenberg and Co. KG, Harland Medical Systems Inc., Hydromer Inc.
, Katahdin Industries, KISCO Ltd., Koninklijke DSM NV, Materion Corp., Medicoat AG, Merit Medical Systems Inc.
, Miller Stephenson Inc., Para-Coat Technologies Inc., Surgical Coatings LLC, and Surmodics Inc.
. AI-Powered Market Evolution Insights. Our comprehensive market report ready with the latest trends, growth opportunities, and strategic analysis- View your snapshot now Key Market Trends Fueling Growth The medical coatings market is witnessing significant advancements as researchers, surgeons, and Original Equipment Manufacturers (OEMs) explore the effectiveness of various medical coatings.
Notable developments include hydroxyapatite biocompatible coatings for orthopedic implants , lubricious coatings for guidewires , drug-eluting coatings for stents, and antimi.