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Bioactive Coating Devices Market Segmentation By Product Type (Hydrophilic Coatings, Anti-Microbial Coatings, Drug Eluting Coating and Others); By Material (Carbon-Based Materials, Biological Materials, Polymers and Synthetic and Metals and Alloys); By End User (Diagnostics Centers, Hospital, Clinics and Ambulatory Surgical Centers) - Global Demand Analysis & Opportunity Outlook 2027

Buy Now Report ID: 674 | Published Date: Feb 10, 2023

Market Segmentation

Our in-depth analysis segmented the global bioactive coating devices market in the following segments:

By Product Type:

  • Hydrophilic Coatings
  • Anti-microbial Coatings
  • Drug Eluting Coating
  • Others

By Material:

  • Carbon-Based Materials
  • Biological Materials
  • Polymers and Synthetic
  • Metals and Alloys

By End User:

  • Diagnostics Centers
  • Hospital
  • Clinics
  • Ambulatory Surgical Centers

By Region

Global bioactive coating devices market is further classified on the basis of region as follows:

  • North America (United States, Canada), Market size, Y-O-Y growth Market size, Y-O-Y growth & Opportunity Analysis, Future forecast & Opportunity Analysis
  • Latin America (Brazil, Mexico, Argentina, Rest of LATAM), Market size, Y-O-Y growth, Future forecast & Opportunity Analysis
  • Europe (U.K., Germany, France, Italy, Spain, Hungary, BENELUX (Belgium, Netherlands, Luxembourg), NORDIC (Norway, Denmark, Sweden, Finland), Poland, Russia, Rest of Europe), Market size, Y-O-Y growth, Future forecast & Opportunity Analysis
  • Asia-Pacific (China, India, Japan, South Korea, Malaysia, Indonesia, Taiwan, Hong Kong, Australia, New Zealand, Rest of Asia-Pacific), Market size, Y-O-Y growth, Future forecast & Opportunity Analysis
  • Middle East and Africa (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa), Market size, Y-O-Y growth, Future forecast & Opportunity Analysis

Bioactive Coating Devices Market Graph


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Bioactive Coating Devices Market Graph
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Market Size and Forecast

The rising application of the bioactive coating medical devices for the surgeries is anticipated to boost the growth of the global bioactive coating devices market during the forecast period. Thus, the global bioactive coating devices market is anticipated to attain significant CAGR during the forecast period.

The global bioactive coating devices market can be segmented on the basis of product type, material, end-user and region. On the basis of product type, it is sub-segmented into hydrophilic coatings, anti-microbial coatings, drug eluting coating and others. The anti-microbial coatings are anticipated to showcase significant growth during the forecast period. The anti-microbial coatings prevent the growth of the micro-organisms on the medical devices which increases the shelf life of the devices. On the basis of material, it sub-segmented into carbon-based materials, biological materials, polymers and synthetic and metals and alloys. On the basis of end-user, it is sub-segmented into diagnostics centers, hospital, clinics and ambulatory surgical centers. The hospitals is the largest sub-segment for the end-user segment during the forecast period. The presence of the highly developed healthcare infrastructure in the hospitals coupled with the presence of the expensive equipment is anticipated to be the major reason for the growth of the sub-segment during the forecast period.

By region, global bioactive coating devices market is segmented into North America, Asia-Pacific, Latin America, Europe, Middle East and Africa. North America is anticipated to hold the largest market share for the global bioactive coating devices market during the forecast period. The high disposable income of the population in the region is encouraging towards high spending on bioactive coating devices which in turn is anticipated to boost the growth of the global bioactive coating devices market in the region. For instance according to US census bureau, the total estimated average earning of the population was USD 60,309 whereas in 2017 it is estimated to grew to 61,372. Asia-Pacific region is anticipated to be the fastest developing region for the global bioactive coating devices market. The low grade medical devices gets easily affected by chemicals and also adulteration in chemicals. This is anticipated to be the major factor increasing the demand for the bioactive coating devices in the region.

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Growth Drivers and Challenges

Market-Growth-Drivers

The increasing demand for the medical implants is anticipated to be the major growth driver for the global bioactive coating devices market during the forecast period. Additionally, the increase of the therapeutic coatings for the implants is expected to propel the demand of the bioactive coating. The increasing trend of the using orthopedic implant coatings for surgical procedures in hospitals, clinics and others is also driving the bioactive coating devices market across the globe. The increasing bacterial growth and contamination of medical devices is predicted to fuel the market growth of the global bioactive coating devices market during the forecast period.

The high cost associated with bioactive coating devices coupled with the lack of research funding for developing enhanced product is expected to hinder the market growth of the global bioactive coating devices market during the forecast period.


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Top Featured Companies Dominating The Market

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    • DSM Biomedical
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
    • Hydromer Inc.
    • SurModics Inc.
    • Biocoat Inc.
    • AST Products Inc.
    • Specialty Coatings Systems Inc.

In-the-news

In The News


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Global Economic Impact

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Despite Inflation & Fearing Recession, Businesses Across the Globe Expected to Do Better in 2023:

In 2023, market players might incur losses due to huge gap in currency translation followed by contracting revenues, shrinking profit margins & cost pressure on logistics and supply chain.
Controlling Inflation has become the first priority for global economies from last quarter of 2022 and to be followed in 2023. With skewed economic situations, rise in interest rate by governments to control spending and inflation, spiked oil and gas prices, high inflation, geo-political issues including U.S. & China trade war, Russia-Ukraine conflict to intensify the global economic issues.
The interest rates in the U.S. may be less sensitive in 2023 as compared to 2022; sigh of relief for businesses. Positive business sentiments, healthy business balance sheets, growth in construction spending (private construction value in 2022 stood at $1,429.2 billion, 11.7 percent (±1.0 percent) above the $1,279.5 billion spent in 2021, Residential construction in 2022 was $899.1 billion, up by 13.3 percent (±2.1 percent) from $793.7 billion in 2021, non-residential construction touched $530.1 billion, 9.1 percent (±1.0 percent) above the $485.8 billion in 2021.) showcases minimal impact of recession in the country.
Similarly, spiked spending in the European and major Asia economics including, India, China & Japan to showcase less impact on the global demand.


Author Credits:  Radhika Gupta, Shivam Bhutani


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