North America Medical Coatings Market

North America Medical Coatings Market Size and Growth (2023-2028)

The North America Medical Coatings Market is valued at 4.7 billion USD in 2022. The market is expected to grow at a CAGR of 7.4% over the forecast period to reach 7.3 billion USD in 2028

Medical device components and electronics require protection in order to be effective. Electrical charges, humidity, body fluids, and corrosion can make life-saving devices useless and ineffective. Medical coatings must be suitable for most types of substrates, including metals, glass, plastics, ceramics, and silicone rubber, and must be sterilizable on all substrates. Medical device coatings are used significantly to enhance the quality of instruments and increase the function of the material surface. in addition, coatings help to minimize friction between tissues and devices and provide wetting, layer coverage, and coating homogeneity.

NORTH AMERICA MEDICAL COATINGS MARKET REPORT COVERAGE:

Market Segmentation:

On the Basis of Type:

• Hydrophilic coating
• Hydrophobic coating

The demand for hydrophilic coatings is expected to grow at a high CAGR from 2022 to 2027. In addition, there are other types of coatings based on their performance and purposes, such as antimicrobial, defensive, optical, lubricating, pharmacological, and so on. And on the basis of Application, the market is medical devices, Implants, medical equipment & tools. Medical devices gained the largest market share in 2018 and are expected to grow to the fastest CAGR from 2022 to 2027. such coatings are primarily used in medical devices such as surgical, mechanical, orthopedic, endoscopic, and radiological devices. Coatings used for various applications must be consistent with the surface on which they are mounted and must be able to withstand sterilization, washing, and other conditions.

North America Medical Coatings Market Geographical Analysis:

North America held the largest share of medical coatings and is projected to continue its rule in the forecast period due to better lifestyles among the population in the country. North America dominated the market in 2019, owing to the increasing age of people and the government's concentrated commitment to providing quality healthcare facilities.

North America Medical Coatings Market-By Country:

• United States

•  Canada.

North America Medical Coatings Market-Key Players:

• Royal DSM (Netherlands)
• Hydromer inc. (u.s.)
• Surmodics Inc. (u.s.)
• Ast products inc. (u.s.)
• Covalon technologies ltd. (Canada)
• Abbott Laboratories (u.s.)
• Precision coatings inc. (u.s.)