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Report Overview
The global biocompatible coating market was valued at USD 16.63 Billion in 2024 driven by the increasing incidence of surgical procedures across the globe. The market is expected to grow at a CAGR of 12.70% during the forecast period 2025-2034 and attain a market value of USD 54.97 Billion by 2034.
2024
Base Year
2018-2024
Historical Year
2025-2034
Forecast Year
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According to the World Health Organization (WHO), cardiovascular diseases are the top global cause of death, affecting around 17.9 million lives annually.
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One of the major market trends is an increase in partnerships between affluent companies. For instance, in March 2022 , DSM Biomedical and Svelte Medical Systems partnered to develop DISCREET Bioresorbable Coating Technology for SLENDER IDS® and DIRECT RX® Bioresorbable Coated Drug-Eluting Stent Systems.
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In February 2024 , FDA released draft guidance for metallic and calcium phosphate coatings on orthopedic implants. Changes adopted by regulatory authorities is expected to boost the market value in the forecast period.
Competitive Landscape
Koninklijke DSM N.V., founded in 1902, is a multinational corporation operating in the health and nutrition sector. The company, with its headquarters in Heerlen, the Netherlands, is also a manufacturer of pharmaceuticals, industrial chemicals, and nutritional ingredients for food products.
Hydromer Inc, a polymer company, was founded in 1980 and has its headquarters in North Carolina, the United States. It extensively conducts research and development activities to boost the usage of polymer for commercial usage in the cosmetics, medical and other commercial sectors.
Biocoat Inc., founded in 1991 and based in Pennsylvania, the United States, is a manufacturer of biocompatible coatings. The company provides its custom-engineered products to equipment manufacturers and contract-based providers.
Other biocompatible coating market players include Specialty Coating Systems Inc., SurModics, Inc., AST Products Inc., Harland Medical Systems Inc, Kisco Ltd., and Orion Industries, Ltd., among others.
Drugs Biocompatible Coating Drugs Market Report Snapshots
Drugs Biocompatible Coating Drugs Market Size
Drugs Biocompatible Coating Drugs Companies
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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