Medical Device Coating Materials Market Size, Share, Growth, Trends, and Global Industry Analysis: By Material (Ceramics, Polymers, and Metals), By Technology (Manually Operated Inhalers, Digitally Operated Inhalers), By Coating (Hydrophobic, Hydrophilic), By Applications (Orthopedic Devices, General Surgery Devices, Cardiovascular Devices, Neurology Devices, Dentistry Devices, and Others), and Region  

Medical Device Coating Materials Market size is valued at US$ 11.8 billion in 2022 and is poised to grow at a CAGR of 7.8% from 2023-29. The global market provides a detailed overview of the global medical device coating materials market, which can be segmented by material, technology, coating, and application. By material, the global medical device coating materials market has been segmented into Ceramics, Polymers, and Metals. The polymers segment is likely to be the largest and fastest growing in terms of type. It is used in medical devices, medical equipment & tools, protective clothing, and medical implants. Based on Technology, the global medical device coating materials market is segmented into Manually Operated Inhalers and Digitally Operated Inhalers. Among these, the Digitally Operated Inhalers segment is expected to have the fastest-growing market during the forecast period 2022-2028. Based on coating, the global medical device coating materials market is segmented into Hydrophobic, Hydrophilic. The Hydrophilic coating segment accounts for the largest share in 2021. Hydrophilic coatings are abrasion-resistant, lubricious, biocompatible, and non-thrombogenic in nature. Hence, this segment will dominate the global market further in the upcoming years. Based on the application, the segment has been segregated into Orthopedic Devices, General Surgery Devices, Cardiovascular Devices, Neurology Devices, Dentistry Devices, and Others. The General Surgery Devices segment is expected to dominate other global medical device coating materials market. Increasing advancements in medical device coating such as nanocoatings, will drive the global market growth at a significant rate in the forecasted years. Although, the stringent and time-consuming regulatory approval process is very challenging in the global medical device coating market. Medical devices need to do design verification tests, and regulatory bodies do not approve coatings of medical devices separately.

Medical Device Coating Materials Market Key Developments:

• In Sept 2021, Precision Coating announced merger with N2 biomedical to expand medical coatings platform.
• In April 2022, BioInteractions launched new medical device coating technology.