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Global Biocompatible Coatings Market by Type (Antibacterial, hydrophilic), Material (Polymer, Ceramics, Metal), End-use Industry (Healthcare, Food & Beverage, Medical Devices), and Region (APAC, Europe, North America, MEA & SA) - Forecast to 2028

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    Report

  • 210 Pages
  • June 2023
  • Region: Global
  • Markets and Markets
  • ID: 5849328
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Emerging Economies to Offer Opportunities to Biocompatible Coating Manufacturers

The global biocompatible coatings market is projected to reach USD 29.7 billion by 2028 at a CAGR of 12.4% from USD 14.6 billion in 2022. The polymer, by material type segment is estimated to account for the largest share of the biocompatible coatings market in 2022.

Medical Devices application is estimated to register the highest CAGR during the forecast period

The medical device segment of the biocompatible coatings market is projected to register the highest CAGR during the forecast period. This segment encompasses a wide range of medical devices and implants that require biocompatible coatings to enhance their performance, functionality, and biocompatibility. The increasing prevalence of chronic diseases, the aging population, and advancements in medical technology drive the demand for medical devices and implants. Biocompatible coatings play a critical role in improving the biocompatibility of these devices, reducing the risk of adverse reactions, and enhancing their overall performance. Biocompatible coatings are used in various medical devices, including orthopedic implants, cardiovascular stents, dental implants, surgical instruments, catheters, and prosthetics. These coatings provide benefits such as reduced friction, improved wear resistance, enhanced biocompatibility, and controlled drug release, among others. They help improve the longevity and performance of medical devices, leading to better patient outcomes.

North America biocompatible coatings market is expected to account for largest share in 2022

North America is characterized by a robust healthcare industry, advanced medical technology, and stringent regulatory standards, which drive the demand for biocompatible coatings. The region is home to a large number of medical device manufacturers and healthcare institutions, fueling the adoption of biocompatible coatings in various medical applications. The increasing prevalence of chronic diseases, a rapidly aging population, and a focus on advanced healthcare solutions contribute to the demand for medical devices and implants, which require biocompatible coatings to enhance their biocompatibility and performance. The region witnesses significant research and development activities in the field of biocompatible coatings. Collaboration between academic institutions, research organizations, and industry players fosters innovation and the development of advanced coating technologies. Ongoing advancements in surface modification techniques, coating materials, and functionalization approaches further propel the growth of the biocompatible coatings market in North America.

US biocompatible coatings market is projected to account for largest share in 2022

The United States has a highly developed healthcare sector with advanced medical infrastructure and a large patient population. The country is known for its technological advancements and innovation in medical devices, implants, and healthcare solutions. As a result, there is a significant demand for biocompatible coatings to enhance the performance, biocompatibility, and safety of medical devices used in various healthcare settings.

The presence of major medical device manufacturers and research institutions in the United States contributes to the growth of the biocompatible coatings market. The country is home to many leading companies and research centers that focus on the development and commercialization of innovative medical devices and implants. These companies rely on biocompatible coatings to enhance the performance and biocompatibility of their products, driving the demand for such coatings in the US market.

The break-up of the profile of primary participants in the texture paint market:

  • By Company Type: Tier 1 - 39%, Tier 2 - 34%, and Tier 3 - 27%
  • By Designation: C Level - 30%, D Level - 30%, and Others - 40%
  • By Region: Asia-Pacific - 40%, North America - 20%, Europe - 20%, Middle East & Africa - 10%, and South America - 10%

Prominent companies includes SurModics, Inc. (US), DSM Biomedical (US), Hydromer Inc. (US), Covalon Technologies Ltd. (Canada), Hemoteq AG (Germany) and others.

Research Coverage

This research report provide detailed segmentation of biocompatible coatings market by type (Antibacterial, Hydrophilic, and Others), by material (Polymers, Ceramics, Metal and Others), by end-use industry (Healthcare, Food & Beverage, Medical Devices, and Others) and region (North America, Europe, Asia-Pacific, the Middle East & Africa, and South America). The report covers detailed information about the major factors, such as drivers, restraints, challenges, and opportunities, influencing the growth of the biocompatible coatings market. A thorough analysis of the major industry players has been conducted to provide insights into their business overview, products, finances; key strategies;. new product launches, mergers and acquisitions, and significant changes affecting the biocompatible coatings market. In order to better position their companies and develop effective go to market strategies, stakeholder will benefit from the competitive landscape and gaining additional insight from this report.

The report provides insights on the following pointers:

  • Analysis of key drivers (Increasing demand for medical devices implants), restraints (High development and manufacturing cost), opportunity (Increasing healthcare expenditure) and challenges (stringent regulatory requirements).
  • Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product & service launches in the texture paint market.
  • Market Development: Comprehensive information about lucrative markets - the report analyses the texture paint market across varied regions.
  • Market Diversification: Exhaustive information about new products & services, untapped geographies, recent developments, and investments in the biocompatible coatings market.
  • Competitive Assessment: In-depth assessment of market shares, growth strategies and service offerings of leading players like SurModics, Inc. (US), DSM Biomedical (US), Hydromer Inc. (US), Covalon Technologies Ltd. (Canada), Hemoteq AG (Germany) and others. The report also helps stakeholders understand the pulse of the biocompatible coatings market and provides them information on key market drivers, restraints, challenges, and opportunities.

Table of Contents

1 Introduction
1.1 Study Objectives
1.2 Market Definition
1.3 Study Scope
1.3.1 Market Segmentation
1.3.2 Regional Scope
1.3.3 Years Considered
1.4 Currency Considered
1.5 Unit Considered
1.6 Limitations
1.7 Stakeholders
2 Research Methodology
2.1 Research Data
Figure 1 Biocompatible Coatings Market: Research Design
2.1.1 Secondary Data
2.1.1.1 Key Data from Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Primary Data Sources
2.1.2.2 Key Data from Primary Sources
2.1.2.3 Key Industry Insights
2.1.2.4 Breakdown of Primary Interviews
2.2 Market Size Estimation
2.2.1 Top-Down Approach
Figure 2 Biocompatible Coatings Market Size Estimation: Top-Down Approach
Figure 3 Biocompatible Coatings Market Size Estimation, by Value
Figure 4 Biocompatible Coatings Market Size Estimation, by Region
Figure 5 Biocompatible Coatings Market Size Estimation, by Material Type
Figure 6 Biocompatible Coatings Market Size Estimation, by End Use Industry
2.2.2 Bottom-Up Approach
Figure 7 Biocompatible Coatings Market Size Estimation: Bottom-Up Approach
2.3 Market Growth Forecast
2.3.1 Supply-Side Analysis
Figure 8 Methodology for Supply-Side Sizing of Biocompatible Coatings Market
Figure 9 Biocompatible Coatings Market: Supply-Side Forecast
2.3.2 Demand-Side Analysis
Figure 10 Biocompatible Coatings Market: Demand-Side Forecast
2.4 Factor Analysis
Figure 11 Biocompatible Coatings Market: Factor Analysis
2.5 Data Triangulation
Figure 12 Biocompatible Coatings Market: Data Triangulation
2.6 Research Assumptions
2.7 Research Limitations
2.8 Risk Analysis
2.9 Growth Forecast
2.10 Impact of Recession
3 Executive Summary
Table 1 Biocompatible Coatings Market Snapshot, 2022 vs. 2028
Figure 13 Asia-Pacific Biocompatible Coatings Market to Register Highest CAGR During Forecast Period
Figure 14 Medical Device End Use Industry to Register Highest CAGR During Forecast Period in Biocompatible Coatings Market
Figure 15 Polymer Biocompatible Coatings to Account for Largest Market Share During Forecast Period
Figure 16 North America Was Largest Biocompatible Coatings Market in 2022
4 Premium Insights
4.1 Attractive Opportunities for Players in Biocompatible Coatings Market
Figure 17 Emerging Economies to Offer Opportunities to Biocompatible Coating Manufacturers
4.2 Biocompatible Coatings Market, by Material Type
Figure 18 Polymer Biocompatible Coatings Segment to Account for Largest Market Share in 2028
4.3 Asia-Pacific: Biocompatible Coatings Market, by End Use Industry and Country
Figure 19 China and Food & Beverage Segments Accounted for Largest Market Shares
4.4 Biocompatible Coatings Market, Developed vs. Emerging Economies
Figure 20 Biocompatible Coatings Market to Register Higher CAGR in Emerging Economies
4.5 Biocompatible Coatings Market, by Country
Figure 21 India to Register Highest CAGR Between 2023 and 2028
5 Market Overview
5.1 Introduction
5.2 Market Dynamics
Figure 22 Drivers, Restraints, Opportunities, and Challenges in Biocompatible Coatings Market
5.2.1 Drivers
5.2.1.1 Increasing Demand for Medical Devices and Implants
5.2.1.2 Growing Awareness of Patient Safety
5.2.2 Restraints
5.2.2.1 High Development and Manufacturing Costs
5.2.3 Opportunities
5.2.3.1 Growing Focus on Infection Control
5.2.3.2 Increasing Healthcare Expenditure
5.2.4 Challenges
5.2.4.1 Stringent Regulatory Requirements
5.3 Porter's Five Forces Analysis
Table 2 Biocompatible Coatings Market: Impact of Porter's Five Forces
Figure 23 Porter's Five Forces Analysis of Biocompatible Coatings Market
5.3.1 Threat of New Entrants
5.3.2 Threat of Substitutes
5.3.3 Bargaining Power of Buyers
5.3.4 Bargaining Power of Suppliers
5.3.5 Intensity of Competitive Rivalry
5.4 Key Stakeholders and Buying Criteria
5.4.1 Key Stakeholders in Buying Process
Figure 24 Influence of Stakeholders on Buying Process
Table 3 Influence of Stakeholders on Buying Process for Top 2 End Use Industries (%)
5.4.2 Buying Criteria
Figure 25 Key Buying Criteria for Biocompatible Coatings
Table 4 Key Buying Criteria for Biocompatible Coatings
5.5 Macroeconomic Indicators
5.5.1 Introduction
5.5.2 Trends and Forecasts of GDP
Table 5 GDP Percentage Change of Key Countries, 2020-2028
5.6 Trends and Forecasts of Global Healthcare Industry
Figure 26 Healthcare Tech Investment, 2011-2021
5.7 Technology Analysis
5.8 Case Study Analysis
5.9 Pricing Analysis
Figure 27 Average Price Competitiveness in Biocompatible Coatings Market, by Region, 2022
Figure 28 Average Price Competitiveness in Biocompatible Coatings Market, by Material Type, 2022
Figure 29 Average Price Competitiveness in Biocompatible Coatings Market, by End Use Industry, 2022
5.10 Trade Data Statistics
Table 6 Country-Wise Export Data, 2020-2022 (Ton)
Table 7 Country-Wise Import Data, 2020-2022 (Ton)
Table 8 Country-Wise Export Data, 2020-2022 (USD Thousand)
Table 9 Country-Wise Import Data, 2020-2022 (USD Thousand)
5.11 Global Economic Scenario Affecting Market Growth
5.11.1 Impact of Slowdown/Recession
5.11.1.1 Russia-Ukraine War
5.11.1.2 Recession in Europe
5.11.1.3 Energy Crisis in Europe
5.11.1.4 Recession Impact on Asia-Pacific
5.12 Value Chain Analysis
5.13 Ecosystem Analysis and Interconnected Markets
Table 10 Biocompatible Coatings Market: Role of Companies in Ecosystem
Figure 30 Paints & Coatings Market: Ecosystem Analysis
5.14 Trends/Disruptions Impacting Buyers/Customers
Figure 31 Revenue Shift in Biocompatible Coatings Market
5.15 Patent Analysis
5.15.1 Methodology
5.15.2 Publication Trends
Figure 32 Number of Patents Published, 2018-2023
5.15.3 Top Applicants
Figure 33 Patents Published by Major Players, 2018-2022
5.15.4 Jurisdiction
Figure 34 Patents Published, by Jurisdiction, 2018-2022
Table 11 Recent Patents by Companies
5.16 Tariff and Regulatory Landscape
5.16.1 Regulatory Bodies, Government Agencies, and Other Organizations
Table 12 North America: Regulatory Bodies, Government Agencies, and Other Organizations
Table 13 Europe: Regulatory Bodies, Government Agencies, and Other Organizations
Table 14 Middle East & Africa: Regulatory Bodies, Government Agencies, and Other Organizations
Table 15 Asia-Pacific: Regulatory Bodies, Government Agencies, and Other Organizations
5.17 Regulatory Landscape and Standards
5.17.1 Legislative and Regulatory Policy Update
5.17.1.1 Industrial Surface Coating Regulation Update
5.17.1.2 VOC Regulations
5.17.1.3 HAP Regulations
Table 16 Internationally Recognized Test Methods for Biocompatible Coatings
5.18 Key Conferences and Events in 2023
Table 17 Biocompatible Coatings Market: Key Conferences and Events
6 Biocompatible Coatings Market, by Material Type
6.1 Introduction
Figure 35 Polymer Biocompatible Coatings to Register Highest CAGR During Forecast Period
Table 18 Biocompatible Coatings Market, by Material Type, 2021-2022 (Kiloton)
Table 19 Biocompatible Coatings Market, by Material Type, 2023-2028 (Kiloton)
Table 20 Biocompatible Coatings Market, by Material Type, 2021-2022 (USD Million)
Table 21 Biocompatible Coatings Market, by Material Type, 2023-2028 (USD Million)
6.2 Polymer
6.2.1 Minimizes Adverse Reactions and Promotes Favorable Interactions with Biological Systems
Table 22 Polymer Biocompatible Coatings Market, by Region, 2021-2022 (Kiloton)
Table 23 Polymer Biocompatible Coatings Market, by Region, 2023-2028 (Kiloton)
Table 24 Polymer Biocompatible Coatings Market, by Region, 2021-2022 (USD Million)
Table 25 Polymer Biocompatible Coatings Market, by Region, 2023-2028 (USD Million)
6.3 Ceramic
6.3.1 Shows Excellent Mechanical Strength in High-Performance Applications
Table 26 Ceramic Biocompatible Coatings Market, by Region, 2021-2022 (Kiloton)
Table 27 Ceramic Biocompatible Coatings Market, by Region, 2023-2028 (Kiloton)
Table 28 Ceramic Biocompatible Coatings Market, by Region, 2021-2022 (USD Million)
Table 29 Ceramic Biocompatible Coatings Market, by Region, 2023-2028 (USD Million)
6.4 Metal
6.4.1 Exhibits Superior Wear Resistance and Improved Long-Term Performance
Table 30 Metal Biocompatible Coatings Market, by Region, 2021-2022 (Kiloton)
Table 31 Metal Biocompatible Coatings Market, by Region, 2023-2028 (Kiloton)
Table 32 Metal Biocompatible Coatings Market, by Region, 2021-2022 (USD Million)
Table 33 Metal Biocompatible Coatings Market, by Region, 2023-2028 (USD Million)
6.5 Others
Table 34 Other Biocompatible Coatings Market, by Region, 2021-2022 (Kiloton)
Table 35 Other Biocompatible Coatings Market, by Region, 2023-2028 (Kiloton)
Table 36 Other Biocompatible Coatings Market, by Region, 2021-2022 (USD Million)
Table 37 Other Biocompatible Coatings Market, by Region, 2023-2028 (USD Million)
7 Biocompatible Coatings Market, by Coating Type
7.1 Introduction
7.2 Antibacterial Coatings
7.3 Hydrophilic Coatings
7.4 Others
8 Biocompatible Coatings Market, by End Use Industry
8.1 Introduction
Figure 36 Medical Device to be Fastest-Growing End-use Industry During Forecast Period
Table 38 Biocompatible Coatings Market, by End Use Industry, 2021-2022 (Kiloton)
Table 39 Biocompatible Coatings Market, by End Use Industry, 2023-2028 (Kiloton)
Table 40 Biocompatible Coatings Market, by End Use Industry, 2021-2022 (USD Million)
Table 41 Biocompatible Coatings Market, by End Use Industry, 2023-2028 (USD Million)
8.2 Healthcare
8.2.1 Rise in Chronic Diseases and Aging Population to Drive Market
Table 42 Biocompatible Coatings Market in Healthcare End Use Industry, by Region, 2021-2022 (Kiloton)
Table 43 Biocompatible Coatings Market in Healthcare End Use Industry, by Region, 2023-2028 (Kiloton)
Table 44 Biocompatible Coatings Market in Healthcare End Use Industry, by Region, 2021-2022 (USD Million)
Table 45 Biocompatible Coatings Market in In Healthcare End Use Industry, by Region, 2023-2028 (USD Million)
8.3 Food & Beverage
8.3.1 Increasing Focus on Food Safety and Shelf Life Extension to Drive Market
Table 46 Biocompatible Coatings Market in Food & Beverage End Use Industry, by Region, 2021-2022 (Kiloton)
Table 47 Biocompatible Coatings Market in Food & Beverage End Use Industry, by Region, 2023-2028 (Kiloton)
Table 48 Biocompatible Coatings Market in Food & Beverage End Use Industry, by Region, 2021-2022 (USD Million)
Table 49 Biocompatible Coatings Market in Food & Beverage End Use Industry, by Region, 2023-2028 (USD Million)
8.4 Medical Device
8.4.1 Focus on Infection Control to Drive Market
Table 50 Biocompatible Coatings Market in Medical Device End Use Industry, by Region, 2021-2022 (Kiloton)
Table 51 Biocompatible Coatings Market in Medical Device End Use Industry, by Region, 2023-2028 (Kiloton)
Table 52 Biocompatible Coatings Market in Medical Device End Use Industry, by Region, 2021-2022 (USD Million)
Table 53 Biocompatible Coatings Market in Medical Device End Use Industry, by Region, 2023-2028 (USD Million)
8.5 Others
Table 54 Biocompatible Coatings Market in Other End Use Industries, by Region, 2021-2022 (Kiloton)
Table 55 Biocompatible Coatings Market in Other End Use Industries, by Region, 2023-2028 (Kiloton)
Table 56 Biocompatible Coatings Market in Other End Use Industries, by Region, 2021-2022 (USD Million)
Table 57 Biocompatible Coatings Market in Other End Use Industries, by Region, 2023-2028 (USD Million)
9 Biocompatible Coatings Market, by Region
9.1 Introduction
9.1.1 Recession Impact Analysis
Figure 37 North America to Dominate Biocompatible Coatings Market During Forecast Period
Table 58 Biocompatible Coatings Market, by Region, 2021-2022 (Kiloton)
Table 59 Biocompatible Coatings Market, by Region, 2023-2028 (Kiloton)
Table 60 Biocompatible Coatings Market, by Region, 2021-2022 (USD Million)
Table 61 Biocompatible Coatings Market by Region, 2023-2028 (USD Million)
9.2 Asia-Pacific
9.2.1 Impact of Recession on Asia-Pacific
Figure 38 Asia-Pacific: Biocompatible Coatings Market Snapshot
Table 62 Asia-Pacific: Biocompatible Coatings Market, by Country, 2021-2022 (Kiloton)
Table 63 Asia-Pacific: Biocompatible Coatings Market, by Country, 2023-2028 (Kiloton)
Table 64 Asia-Pacific: Biocompatible Coatings Market, by Country, 2021-2022 (USD Million)
Table 65 Asia-Pacific: Biocompatible Coatings Market, by Country, 2023-2028 (USD Million)
Table 66 Asia-Pacific: Biocompatible Coatings Market, by Material Type, 2021-2022 (Kiloton)
Table 67 Asia-Pacific: Biocompatible Coatings Market, by Material Type, 2023-2028 (Kiloton)
Table 68 Asia-Pacific: Biocompatible Coatings Market, by Material Type, 2021-2022 (USD Million)
Table 69 Asia-Pacific: Biocompatible Coatings Market, by Material Type, 2023-2028 (USD Million)
Table 70 Asia-Pacific: Biocompatible Coatings Market, by End Use Industry, 2021-2022 (Kiloton)
Table 71 Asia-Pacific: Biocompatible Coatings Market, by End Use Industry, 2023-2028 (Kiloton)
Table 72 Asia-Pacific: Biocompatible Coatings Market, by End Use Industry, 2021-2022 (USD Million)
Table 73 Asia-Pacific: Biocompatible Coatings Market, by End Use Industry, 2023-2028 (USD Million)
9.2.2 China
9.2.2.1 Increased Spending on Healthcare to Drive Market
9.2.3 Japan
9.2.3.1 Focus on Technological Advancements in Healthcare Industry to Drive Market
9.2.4 India
9.2.4.1 Growing Healthcare Industry to Drive Market
9.2.5 South Korea
9.2.5.1 Increasing Healthcare Expenditure to Drive Market
9.2.6 Rest of Asia-Pacific
9.3 North America
9.3.1 Impact of Recession on North America
Figure 39 North America: Biocompatible Coatings Market Snapshot
Table 74 North America: Biocompatible Coatings Market, by Country, 2021-2022 (Kiloton)
Table 75 North America: Biocompatible Coatings Market, by Country, 2023-2028 (Kiloton)
Table 76 North America: Biocompatible Coatings Market, by Country, 2021-2022 (USD Million)
Table 77 North America: Biocompatible Coatings Market, by Country, 2023-2028 (USD Million)
Table 78 North America: Biocompatible Coatings Market, by Material Type, 2021-2022 (Kiloton)
Table 79 North America: Biocompatible Coatings Market, by Material Type, 2023-2028 (Kiloton)
Table 80 North America: Biocompatible Coatings Market, by Material Type, 2021-2022 (USD Million)
Table 81 North America: Biocompatible Coatings Market, by Material Type, 2023-2028 (USD Million)
Table 82 North America: Biocompatible Coatings Market, by End Use Industry, 2021-2022 (Kiloton)
Table 83 North America: Biocompatible Coatings Market, by End Use Industry, 2023-2028 (Kiloton)
Table 84 North America: Biocompatible Coatings Market, by End Use Industry, 2021-2022 (USD Million)
Table 85 North America: Biocompatible Coatings Market, by End Use Industry, 2023-2028 (USD Million)
9.3.2 US
9.3.2.1 Advancements in Medical Technology and Food & Beverage Industry to Drive Market
9.3.3 Canada
9.3.3.1 Demand from Medical Devices and Consumer Goods to Drive Market
9.3.4 Mexico
9.3.4.1 Demand from Consumer Goods Industry to Drive Market
9.4 Europe
9.4.1 Impact of Recession on Europe
Figure 40 Europe: Biocompatible Coatings Market Snapshot
Table 86 Europe: Biocompatible Coatings Market, by Country, 2021-2022 (Kiloton)
Table 87 Europe: Biocompatible Coatings Market, by Country, 2023-2028 (Kiloton)
Table 88 Europe: Biocompatible Coatings Market, by Country, 2021-2022 (USD Million)
Table 89 Europe: Biocompatible Coatings Market, by Country, 2023-2028 (USD Million)
Table 90 Europe: Biocompatible Coatings Market, by Material Type, 2021-2022 (Kiloton)
Table 91 Europe: Biocompatible Coatings Market, by Material Type, 2023-2028 (Kiloton)
Table 92 Europe: Biocompatible Coatings Market, by Material Type, 2021-2022 (USD Million)
Table 93 Europe: Biocompatible Coatings Market, by Material Type, 2023-2028 (USD Million)
Table 94 Europe: Biocompatible Coatings Market, by End Use Industry, 2021-2022 (Kiloton)
Table 95 Europe: Biocompatible Coatings Market, by End Use Industry, 2023-2028 (Kiloton)
Table 96 Europe: Biocompatible Coatings Market, by End Use Industry, 2021-2022 (USD Million)
Table 97 Europe: Biocompatible Coatings Market, by End Use Industry, 2023-2028 (USD Million)
9.4.2 Germany
9.4.2.1 Growing Healthcare and Consumer Goods Industries to Drive Market
9.4.3 France
9.4.3.1 Growing Healthcare Expenditure to Drive Market
9.4.4 UK
9.4.4.1 Strict Regulatory Compliance Requirements to Drive Market
9.4.5 Italy
9.4.5.1 Booming Healthcare Industry to Drive Demand
9.4.6 Rest of Europe
9.5 Middle East & Africa
9.5.1 Impact of Recession on Middle East & Africa
Figure 41 Middle East & Africa: Biocompatible Coatings Market Snapshot
Table 98 Middle East & Africa: Biocompatible Coatings Market, by Country, 2021-2022 (Kiloton)
Table 99 Middle East & Africa: Biocompatible Coatings Market, by Country, 2023-2028 (Kiloton)
Table 100 Middle East & Africa: Biocompatible Coatings Market, by Country, 2021-2022 (USD Million)
Table 101 Middle East & Africa: Biocompatible Coatings Market, by Country, 2023-2028 (USD Million)
Table 102 Middle East & Africa: Biocompatible Coatings Market, by Material Type, 2021-2022 (Kiloton)
Table 103 Middle East & Africa: Biocompatible Coatings Market, by Material Type, 2023-2028 (Kiloton)
Table 104 Middle East & Africa: Biocompatible Coatings Market, by Material Type, 2021-2022 (USD Million)
Table 105 Middle East & Africa: Biocompatible Coatings Market, by Material Type, 2023-2028 (USD Million)
Table 106 Middle East & Africa: Biocompatible Coatings Market, by End Use Industry, 2021-2022 (Kiloton)
Table 107 Middle East & Africa: Biocompatible Coatings Market, by End Use Industry, 2023-2028 (Kiloton)
Table 108 Middle East & Africa: Biocompatible Coatings Market, by End Use Industry, 2021-2022 (USD Million)
Table 109 Middle East & Africa: Biocompatible Coatings Market, by End Use Industry, 2023-2028 (USD Million)
9.5.2 Saudi Arabia
9.5.2.1 Government Investments in Healthcare Industry to Drive Market
9.5.3 UAE
9.5.3.1 Medical Tourism to Drive Market
9.5.4 Rest of Middle East & Africa
9.6 South America
9.6.1 Impact of Recession on South America
Figure 42 South America: Biocompatible Coatings Market Snapshot
Table 110 South America: Biocompatible Coatings Market, by Country, 2021-2022 (Kiloton)
Table 111 South America: Biocompatible Coatings Market, by Country, 2023-2028 (Kiloton)
Table 112 South America: Biocompatible Coatings Market, by Country, 2021-2022 (USD Million)
Table 113 South America: Biocompatible Coatings Market, by Country, 2023-2028 (USD Million)
Table 114 South America: Biocompatible Coatings Market, by Material Type, 2021-2022 (Kiloton)
Table 115 South America: Biocompatible Coatings Market, by Material Type, 2023-2028 (Kiloton)
Table 116 South America: Biocompatible Coatings Market, by Material Type, 2021-2022 (USD Million)
Table 117 South America: Biocompatible Coatings Market, by Material Type, 2023-2028 (USD Million)
Table 118 South America: Biocompatible Coatings Market, by End Use Industry, 2021-2022 (Kiloton)
Table 119 South America: Biocompatible Coatings Market, by End Use Industry, 2023-2028 (Kiloton)
Table 120 South America: Biocompatible Coatings Market, by End Use Industry, 2021-2022 (USD Million)
Table 121 South America: Biocompatible Coatings Market, by End Use Industry, 2023-2028 (USD Million)
9.6.2 Brazil
9.6.2.1 Demand for Medical Devices to Drive Market
9.6.3 Argentina
9.6.3.1 Focus on Sustainability and Environmental Conservation to Drive Market
9.6.4 Rest of South America
10 Competitive Landscape
10.1 Overview
Table 122 Strategies Adopted by Key Biocompatible Coatings Market Players (2018-2022)
10.2 Company Evaluation Matrix, 2022
10.2.1 Stars
10.2.2 Pervasive Players
10.2.3 Emerging Leaders
10.2.4 Participants
Figure 43 Biocompatible Coatings Market: Company Evaluation Matrix, 2022
10.3 Startup/SME Evaluation Matrix, 2022
10.3.1 Progressive Companies
10.3.2 Starting Blocks
10.3.3 Responsive Companies
10.3.4 Dynamic Companies
Figure 44 Biocompatible Coatings Market: Company Evaluation Matrix for Startups/SMEs, 2022
10.4 Competitive Benchmarking
Table 123 Biocompatible Coatings Market: Key Startups/SMEs
Table 124 Biocompatible Coatings Market: Key Company Footprint
Table 125 Biocompatible Coatings Market: Startup/SME Footprint
10.5 Market Share Analysis
Figure 45 Biocompatible Coatings Market Share Analysis for Key Players (2022)
Table 126 Biocompatible Coatings Market: Degree of Competition, 2022
10.6 Market Ranking Analysis
Figure 46 Ranking of Leading Players in Biocompatible Coatings Market, 2022
10.7 Revenue Analysis
Figure 47 Revenue Analysis of Top 5 Players, 2018-2022
10.8 Competitive Scenario
10.8.1 Market Evaluation Framework
Table 127 Strategic Developments, by Company
Table 128 Highest Adopted Strategies
Table 129 Number of Growth Strategies Adopted by Key Companies
10.8.2 Market Evaluation Matrix
Table 130 Company End Use Industry Footprint
Table 131 Company Region Footprint
Table 132 Company Overall Footprint
10.9 Strategic Developments
Table 133 Biocompatible Coatings Market: Deals, 2018-2023
11 Company Profiles
11.1 Key Players
(Business Overview, Products/Solutions/Services Offered, Recent Developments, Analyst's View (Key Strengths/Right to Win, Strategic Choices Made, Weakness/Competitive Threats)*
11.1.1 Surmodics, Inc.
Table 134 Surmodics, Inc.: Company Overview
Figure 48 Surmodics, Inc.: Company Snapshot
Table 135 Surmodics, Inc.: Products/Services/Solutions Offered
Table 136 Surmodics, Inc.: Deals
11.1.2 DSM Biomedical
Table 137 DSM Biomedical: Company Overview
Figure 49 DSM Biomedical: Company Snapshot
Table 138 DSM Biomedical: Products/Services/Solutions Offered
Table 139 DSM Biomedical: Deals
11.1.3 Hydromer, Inc.
Table 140 Hydromer, Inc.: Company Overview
Figure 50 Hydromer, Inc.: Company Snapshot
Table 141 Hydromer, Inc.: Products/Services/Solutions Offered
Table 142 Hydromer, Inc.: Deals
11.1.4 AST Products, Inc.
Table 143 AST Products, Inc.: Company Overview
Table 144 AST Products, Inc.: Products/Services/Solutions Offered
11.1.5 Biocoat Incorporated
Table 145 Biocoat Incorporated: Company Overview
Table 146 Biocoat Incorporated: Products/Services/Solutions Offered
11.1.6 Biointeractions Limited
Table 147 Biointeractions Limited: Company Overview
Table 148 Biointeractions Limited: Products/Services/Solutions Offered
11.1.7 Freudenberg Medical
Table 149 Freudenberg Medical: Company Overview
Table 150 Freudenberg Medical: Products/Services/Solutions Offered
11.1.8 Covalon Technologies Ltd.
Table 151 Covalon Technologies Ltd.: Company Overview
Table 152 Covalon Technologies Ltd.: Products/Services/Solutions Offered
11.1.9 Aculon, Inc
Table 153 Aculon, Inc.: Company Overview
Table 154 Aculon, Inc.: Products/Services/Solutions Offered
11.1.10 Applied Medical Coatings
Table 155 Applied Medical Coatings: Company Overview
Table 156 Applied Medical Coatings: Products/Services/Solutions Offered
11.2 Other Key Players
11.2.1 Advansource Biomaterials Corporation
Table 157 Advansource Biomaterials Corporation: Company Overview
Table 158 Advansource Biomaterials Corporation: Products/Services/ Solutions Offered
11.2.2 Surface Solutions Group, LLC
Table 159 Surface Solutions Group, LLC: Company Overview
Table 160 Surface Solutions Group, LLC: Products/Services/Solutions Offered
11.2.3 Lincotek Medical
Table 161 Lincotek Medical: Company Overview
Table 162 Lincotek Medical: Products/Services/Solutions Offered
11.2.4 Poly-Med, Inc.
Table 163 Poly-Med, Inc.: Company Overview
Table 164 Poly-Med, Inc.: Products/Services/Solutions Offered
11.2.5 Precision Coating Company, Inc.
Table 165 Precision Coating Company, Inc.: Company Overview
Table 166 Precision Coating Company, Inc.: Products/Services/Solutions Offered
11.2.6 Specialty Coating Systems, Inc.
Table 167 Specialty Coating Systems, Inc.: Company Overview
Table 168 Specialty Coating Systems, Inc.: Products/Services/Solutions Offered
11.2.7 Hemoteq AG
Table 169 Hemoteq AG: Company Overview
Table 170 Hemoteq AG: Products/Services/Solutions Offered
11.2.8 Harland Medical Systems
Table 171 Harland Medical Systems: Company Overview
Table 172 Harland Medical Systems: Products/Services/Solutions Offered
11.2.9 Isurtec
Table 173 Isurtec: Company Overview
Table 174 Isurtec: Products/Services/Solutions Offered
11.2.10 Whitford Corporation
Table 175 Whitford Corporation: Company Overview
Table 176 Whitford Corporation: Products/Services/Solutions Offered
11.2.11 Miller-Stephenson
Table 177 Miller-Stephenson: Company Overview
Table 178 Miller-Stephenson: Products/Services/Solutions Offered
11.2.12 Endura Coatings
Table 179 Endura Coatings: Company Overview
Table 180 Endura Coatings: Products/Services/Solutions Offered
11.2.13 Applied Membrane Technology
Table 181 Applied Membrane Technology: Company Overview
Table 182 Applied Membrane Technology: Products/Services/Solutions Offered
11.2.14 Coatings2Go
Table 183 Coatings2Go: Company Overview
Table 184 Coatings2Go: Products/Services/Solutions Offered
11.2.15 Formacoat, LLC
Table 185 Formacoat, LLC: Company Overview
Table 186 Formacoat, LLC: Products/Services/Solutions Offered
*Details on Business Overview, Products/Solutions/Services Offered, Recent Developments, Analyst's View (Key Strengths/Right to Win, Strategic Choices Made, Weakness/Competitive Threats)* Might Not be Captured in Case of Unlisted Companies
12 Adjacent and Related Markets
12.1 Introduction
12.1.1 Hydrophilic Coatings Market Limitations
12.2 Hydrophilic Coatings Market Definition
12.3 Hydrophilic Coatings Market Overview
12.3.1 Hydrophilic Coatings Market Analysis, by Substrate
Table 187 Hydrophilic Coatings Market, by Substrate, 2018-2021 (USD Million)
Table 188 Hydrophilic Coatings Market, by Substrate, 2022-2027 (USD Million)
Table 189 Hydrophilic Coatings Market, by Substrate, 2018-2021 (Kiloton)
Table 190 Hydrophilic Coatings Market, by Substrate, 2022-2027 (Kiloton)
12.3.2 Hydrophilic Coatings Market Analysis, by End-user
Table 191 Hydrophilic Coatings Market, by End-user, 2018-2021 (USD Million)
Table 192 Hydrophilic Coatings Market, by End-user, 2022-2027 (USD Million)
Table 193 Hydrophilic Coatings Market, by End-user, 2018-2021 (Kiloton)
Table 194 Hydrophilic Coatings Market, by End-user, 2022-2027 (Kiloton)
12.3.3 Hydrophilic Coatings Market Analysis, by Region
Table 195 Hydrophilic Coatings Market, by Region, 2018-2021 (USD Million)
Table 196 Hydrophilic Coatings Market, by Region, 2022-2027 (USD Million)
Table 197 Hydrophilic Coatings Market, by Region, 2018-2021 (Kiloton)
Table 198 Hydrophilic Coatings Market, by Region, 2022-2027 (Kiloton)
13 Appendix
13.1 Discussion Guide
13.2 KnowledgeStore: The Subscription Portal
13.3 Customization Options

Executive Summary

Companies Mentioned

  • Aculon, Inc.
  • Advansource Biomaterials Corporation
  • Applied Medical Coatings
  • Applied Membrane Technology
  • AST Products, Inc.
  • Biocoat Incorporated
  • Biointeractions Limited
  • Coatings2Go
  • Covalon Technologies Ltd.
  • DSM Biomedical
  • Endura Coatings
  • Formacoat, LLC
  • Freudenberg Medical
  • Harland Medical Systems
  • Hemoteq AG
  • Hydromer, Inc.
  • Isurtec
  • Lincotek Medical
  • Miller-Stephenson
  • Poly-Med, Inc.
  • Precision Coating Company, Inc.
  • Specialty Coating Systems, Inc.
  • Surface Solutions Group, LLC
  • Surmodics, Inc.
  • Whitford Corporation

Methodology

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Table Information

Report AttributeDetails
No. of Pages210
PublishedJune 2023
Forecast Period2022 - 2028
Estimated Market Value ( USD ) in 2022 $ 14.6 Billion
Forecasted Market Value ( USD ) by 2028 $ 29.7 Billion
Compound Annual Growth Rate12.4%
Regions CoveredGlobal
No. of Companies Mentioned25

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About the Market

The Biocompatible Coating market is a subset of the Medical Device Coatings market, which is focused on the development of coatings that are compatible with the human body. These coatings are used to protect medical devices from corrosion, wear, and other environmental factors. They also provide a barrier between the device and the body, reducing the risk of infection. Biocompatible coatings are designed to be non-toxic and non-irritating, and can be used on a variety of medical devices, including implants, catheters, and stents. Biocompatible coatings are typically made from polymers, such as polyurethanes, polyethylene, and polypropylene. These coatings can be applied to medical devices using a variety of methods, including spraying, dipping, and electroplating. Some companies in the Biocompatible Coating market include SurModics, Inc., Specialty Coating Systems, Inc., and Advanced Coating Technologies, Inc. Show Less Read more

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