Medical Device Coatings Market Size is USD 11.09 Billion at a CAGR of 8.6% by 2028

Growth in the surgical device market and rising usage of minimally invasive surgical procedures are key factors driving market growth

The global Medical Device Coatings Market size is expected to reach USD 21.32 billion in 2028 and register a revenue CAGR of 8.6% over the forecast period, according to a latest report by Reports and Data. Increasing prevalence of acute lower respiratory infections, cardiovascular diseases, and obstructive pulmonary disease is driving the demand for medical equipment and this is expected to contribute significantly to market revenue growth. Also, changing dietary patterns and sedentary lifestyle are factors resulting in rising prevalence of chronic diseases and boosting demand for devices such as syringes, catheters, ventilators, and other medical devices. Increasing demand for minimally invasive surgical procedures and expansion of the surgical device market are expected to drive market revenue growth during the forecast period.

Medical Device Coatings Market Growth:

The global medical device coatings market is expected to grow due to increasing demand for advanced and innovative medical devices, the growing prevalence of chronic diseases, and the increasing aging population. The growing demand for minimally invasive procedures, which require medical devices with specialized coatings, is also expected to drive market growth. Additionally, the increasing focus on reducing healthcare costs and improving patient outcomes is expected to drive the demand for medical device coatings. However, the high cost of coating processes and stringent regulatory requirements may act as a restraint to the market's growth.

Get a sample of the report https://www.reportsanddata.com/sample-enquiry-form/3380

Top Companies: Materion Corp., PPG Industries, Inc., Covalon Technologies Ltd., Specialty Coating Systems, Inc., Biocoat, Incorporated, Hydromer, Inc., Royal DSM, Sono-Tek Corporation, SurModics, Inc., and Precision Coating Company, Inc.

Comments

Post a Comment

Popular posts from this blog

Commercial Windows Market Growth Factors, Applications, Regional Analysis and Trend Forecast 2032

  rapid expansion in the global building sector is another factor driving market revenue growth. The global Commercial Windows Market size was USD 3.33 Billion in 2022 and is expected to reach USD 4.54 Billion in 2032, and register a rapid revenue CAGR of 3.5 % during the forecast period. Rapid expansion in the global construction sector, increasing awareness about advantages of natural light and ventilation, and rising demand for energy-efficient and sustainable building solutions are major factors driving market revenue growth. There is an increasing need for Energy-Efficient Windows that can assist lower energy expenses and carbon emissions due to increasing worries about environmental deterioration and energy usage. Demand for sustainable building solutions, particularly commercial windows, is rising by increasing emphasis on Green Building certification schemes such as Leadership in Energy and Environmental Design (LEED) and Building Research Establish...
Read more

Atomized Ferrosilicon Market 2028: Analysis of Key Trends, Drivers, and Opportunities Across Regions

  increasing demand for atomized ferrosilicon in the Asia-Pacific region, particularly in China and India The Atomized Ferrosilicon Market showed a significant robustness in 2020 and is expected to maintain a steady revenue CAGR over the forecast period, driven by increasing demand for building and sealing materials, welding materials, and growing infrastructure requirements worldwide. Ferrosilicon, an iron-silicon alloy, has a wide range of applications in the building, manufacturing, and architecture sectors. Although, heavy media losses in practical operation are restraining the market growth. Metallurgy processing is the largest segment of the global Atomized Ferrosilicon Market, and Asia Pacific is the largest revenue-generating region. The market has a few competitors or participants, which is an opportunity for start-ups if they offer superior and more evolved products. The report provides historical data points and forecasts for revenue growth at a global, regional, and ...
Read more

Growing need for eco-friendly packaging materials in the packaging sector, as well as a strong sense of demand for abaca fiber in the textile industry.

  The global  Abaca Fiber Market  size was USD 556.64 Million in 2022 and is expected to register a revenue CAGR of 15% over the forecast period, according to the latest report by Reports and Data. The demand for abaca fiber in the packaging sector is on the rise due to the increasing need for eco-friendly packaging materials. Abaca fiber is a biodegradable, compostable, and renewable alternative to plastic and other non-biodegradable materials, making it an excellent option for creating bags, containers, and other packaging materials. As the focus on sustainability continues to grow, abaca fiber is becoming an increasingly popular choice for those seeking environmentally-friendly packaging solutions. Get a sample of the report: https://www.reportsanddata.com/sample-enquiry-form/5963 Top Lading Players: Catanduanes Fibers Estate Corporation, KenDor Textiles, Syncot Plc, Raffia Tapes & Labels Pvt. Ltd., Suzano S.A., International Fibers Group, Yusen Associates...
Read more