Biocompatible Coating Market By Type (Antimicrobial, Hydrophilic, Others) , By Material (Polymer, Ceramic, Metal, Others) By End User (Healthcare, Medical Device, Others) : Global Opportunity Analysis and Industry Forecast, 2024-2033

July 2024 | 260 pages | ID: B04C19A21B31EN
Allied Market Research

US$ 2,655.00

E-mail Delivery (PDF), Online Subscription, Hard Copy Mail Delivery, CD-ROM Mail Delivery

Download PDF Leaflet

Accepted cards
Wire Transfer
Checkout Later
Need Help? Ask a Question
The biocompatible coating market was valued at $13.4 billion in 2023, and is projected t%li%reach $41.4 billion by 2033, growing at a CAGR of 12% from 2024 t%li%2033.

Biocompatible coatings are biomaterials that are applied t%li%medical devices, implants, and other healthcare-related materials t%li%ensure they are compatible with the biological environment of the human body. These coatings are designed t%li%minimize adverse reactions, such as inflammation or rejection, by promoting a harmonious interaction between the device and surrounding tissues. They enhance the performance and longevity of medical implants by imparting properties like anti-corrosion, anti-wear, and bioactivity, making them essential in advancing medical technology and improving patient outcomes.

The growth of the global biocompatible coating market is driven by surge in geriatric population and rise in prevalence of chronic diseases that are leading t%li%increased need for medical implants, such as orthopedic, dental, and cardiovascular devices, which require biocompatible coatings for safe and effective integration with the body. According t%li%the 2022 American Joint Replacement Registry (AJRR) annual report, approximately 2.8 million hip and knee procedures were carried out in the U.S. Moreover, rise in emphasis on reducing the risk of complications, such as infections and implant rejection, is driving the adoption of biocompatible coatings that improve the safety and compatibility of medical devices. Furthermore, the expansion of the pharmaceutical sector and surge in demand for drug delivery systems, which require biocompatible coatings t%li%ensure controlled release and stability of active pharmaceutical ingredients, contribute toward the market growth. Moreover, the growing trend toward developing biocompatible coatings with antimicrobial properties t%li%reduce the risk of infections associated with medical implants and devices is significantly fostering the market growth. These coatings, incorporating silver ions or other antimicrobial agents, are crucial in preventing postoperative complications. However, high cost associated with R&D of biocompatible coatings, especially those incorporating advanced materials like nanotechnology or bioactive substances, hampers the market growth. This is attributed t%li%the fact that developing coatings that are both biocompatible and durable is technically challenging. Issues such as ensuring consistent coating thickness, preventing degradation over time, and achieving the desired functional properties can limit the scalability and applicability of certain coatings. On the contrary, innovations in medical device design and manufacturing, including the development of minimally invasive procedures, are driving the demand for advanced biocompatible coatings that enhance the performance and durability of these devices. Such developments are expected t%li%offer lucrative opportunities for the market growth during the forecast period.

The global biocompatible coating industry is segmented int%li%type, material, end user, and region. On the basis of type, the market is fragmented int%li%antimicrobial, hydrophilic, and others. Depending on material, it is divided int%li%polymer, ceramic, metal, and others. As per end user, it is segregated int%li%healthcare, medical device, and others. Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

Key Findings

On the basis of type, the antimicrobial coatings segment is expected t%li%dominate the global market from 2024 t%li%2033.

Depending on material, polymers is anticipated t%li%emerge as a leading segment during the forecast period.

As per end user, the medical device segment is projected t%li%exhibit notable growth in the coming years.

Region wise, North America held the largest market share in terms of revenue in 2023, and is expected t%li%dominate the market during the forecast period.

Competition Analysis

Competitive analysis and profiles of the major players in the global biocompatible coating market include DSM Biomedical B.V., Surmodics, Inc., BASF SE, Covalon Technologies Ltd., Harland Medical Systems, LLC, Biocoat, Inc., BioInteractions Ltd., AST Products, Inc., PPG Industries, and Precision Coating Company, Inc. These major players have adopted various key development strategies such as business expansion, new product launches, and partnerships t%li%sustain the intense competition and gain a strong foothold in the global market.

Additional benefits you will get with this purchase are:
  • Quarterly Update and* (only available with a corporate license, on listed price)
  • 5 additional Company Profile of client Choice pre- or Post-purchase, as a free update.
  • Free Upcoming Version on the Purchase of Five and Enterprise User License.
      • 16 analyst hours of support* (post-purchase, if you find additional data requirements upon review of the report, you may receive support amounting t%li%16 analyst hours t%li%solve questions, and post-sale queries)
    • 15% Free Customization* (in case the scope or segment of the report does not match your requirements, 15% is equivalent t%li%3 working days of free work, applicable once)
  • Free data Pack on the Five and Enterprise User License. (Excel version of the report)
  • Free Updated report if the report is 6-12 months old or older.
  • 24-hour priority response*
  • Free Industry updates and white papers.
Possible Customization with this report (with additional cost and timeline, please talk t%li%the sales executive t%li%know more)
    • Additional company profiles with specific t%li%client's interest
  • Expanded list for Company Profiles
  • Historic market data
Key Market Segments

By Type
  • Antimicrobial
  • Hydrophilic
  • Others
By Material
  • Polymer
  • Ceramic
  • Metal
  • Others
By End User
  • Healthcare
  • Medical Device
  • Others
By Region
  • North America
  • U.S.
  • Canada
  • Mexico
  • Europe
  • France
  • Germany
  • Italy
  • Spain
  • UK
  • Rest of Europe
  • Asia-Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Rest of Asia-Pacific
  • LAMEA
  • Brazil
  • South Africa
  • Saudi Arabia
  • Rest of LAMEA
  • Key Market Players
  • DSM Biomedical B.V.
  • Surmodics, Inc.
  • BASF SE
  • Covalon Technologies Ltd.
  • Harland Medical Systems, LLC
  • Biocoat, Inc.
  • BioInteractions Ltd.
  • AST Products, Inc.
  • PPG Industries
  • Precision Coating Company, Inc.
CHAPTER 1: INTRODUCTION

1.1. Report Description
1.2. Key Market Segments
1.3. Key Benefits
1.4. Research Methodology
  1.4.1. Primary Research
  1.4.2. Secondary Research
  1.4.3. Analyst Tools and Models

CHAPTER 2: EXECUTIVE SUMMARY

2.1. CXO Perspective

CHAPTER 3: MARKET LANDSCAPE

3.1. Market Definition and Scope
3.2. Key Findings
  3.2.1. Top Investment Pockets
  3.2.2. Top Winning Strategies
3.3. Porter's Five Forces Analysis
  3.3.1. Bargaining Power of Suppliers
  3.3.2. Threat of New Entrants
  3.3.3. Threat of Substitutes
  3.3.4. Competitive Rivalry
  3.3.5. Bargaining Power among Buyers
3.4. Market Dynamics
  3.4.1. Drivers
  3.4.2. Restraints
  3.4.3. Opportunities

CHAPTER 4: BIODEGRADABLE MICRO SCREWS MARKET, BY APPLICATION

4.1. Market Overview
  4.1.1 Market Size and Forecast, By Application
4.2. Orthopedic Surgeries
  4.2.1. Key Market Trends, Growth Factors and Opportunities
  4.2.2. Market Size and Forecast, By Region
  4.2.3. Market Share Analysis, By Country
4.3. Dental Implants
  4.3.1. Key Market Trends, Growth Factors and Opportunities
  4.3.2. Market Size and Forecast, By Region
  4.3.3. Market Share Analysis, By Country
4.4. Others
  4.4.1. Key Market Trends, Growth Factors and Opportunities
  4.4.2. Market Size and Forecast, By Region
  4.4.3. Market Share Analysis, By Country

CHAPTER 5: BIODEGRADABLE MICRO SCREWS MARKET, BY END USER

5.1. Market Overview
  5.1.1 Market Size and Forecast, By End User
5.2. Hospitals
  5.2.1. Key Market Trends, Growth Factors and Opportunities
  5.2.2. Market Size and Forecast, By Region
  5.2.3. Market Share Analysis, By Country
5.3. Dental Clinics
  5.3.1. Key Market Trends, Growth Factors and Opportunities
  5.3.2. Market Size and Forecast, By Region
  5.3.3. Market Share Analysis, By Country
5.4. ASCs
  5.4.1. Key Market Trends, Growth Factors and Opportunities
  5.4.2. Market Size and Forecast, By Region
  5.4.3. Market Share Analysis, By Country
5.5. Others
  5.5.1. Key Market Trends, Growth Factors and Opportunities
  5.5.2. Market Size and Forecast, By Region
  5.5.3. Market Share Analysis, By Country

CHAPTER 6: BIODEGRADABLE MICRO SCREWS MARKET, BY REGION

6.1. Market Overview
  6.1.1 Market Size and Forecast, By Region
6.2. North America
  6.2.1. Key Market Trends and Opportunities
  6.2.2. Market Size and Forecast, By Application
  6.2.3. Market Size and Forecast, By End User
  6.2.4. Market Size and Forecast, By Country
  6.2.5. U.S. Biodegradable Micro Screws Market
    6.2.5.1. Market Size and Forecast, By Application
    6.2.5.2. Market Size and Forecast, By End User
  6.2.6. Canada Biodegradable Micro Screws Market
    6.2.6.1. Market Size and Forecast, By Application
    6.2.6.2. Market Size and Forecast, By End User
  6.2.7. Mexico Biodegradable Micro Screws Market
    6.2.7.1. Market Size and Forecast, By Application
    6.2.7.2. Market Size and Forecast, By End User
6.3. Europe
  6.3.1. Key Market Trends and Opportunities
  6.3.2. Market Size and Forecast, By Application
  6.3.3. Market Size and Forecast, By End User
  6.3.4. Market Size and Forecast, By Country
  6.3.5. France Biodegradable Micro Screws Market
    6.3.5.1. Market Size and Forecast, By Application
    6.3.5.2. Market Size and Forecast, By End User
  6.3.6. Germany Biodegradable Micro Screws Market
    6.3.6.1. Market Size and Forecast, By Application
    6.3.6.2. Market Size and Forecast, By End User
  6.3.7. Italy Biodegradable Micro Screws Market
    6.3.7.1. Market Size and Forecast, By Application
    6.3.7.2. Market Size and Forecast, By End User
  6.3.8. Spain Biodegradable Micro Screws Market
    6.3.8.1. Market Size and Forecast, By Application
    6.3.8.2. Market Size and Forecast, By End User
  6.3.9. UK Biodegradable Micro Screws Market
    6.3.9.1. Market Size and Forecast, By Application
    6.3.9.2. Market Size and Forecast, By End User
  6.3.10. Rest of Europe Biodegradable Micro Screws Market
    6.3.10.1. Market Size and Forecast, By Application
    6.3.10.2. Market Size and Forecast, By End User
6.4. Asia-Pacific
  6.4.1. Key Market Trends and Opportunities
  6.4.2. Market Size and Forecast, By Application
  6.4.3. Market Size and Forecast, By End User
  6.4.4. Market Size and Forecast, By Country
  6.4.5. China Biodegradable Micro Screws Market
    6.4.5.1. Market Size and Forecast, By Application
    6.4.5.2. Market Size and Forecast, By End User
  6.4.6. Japan Biodegradable Micro Screws Market
    6.4.6.1. Market Size and Forecast, By Application
    6.4.6.2. Market Size and Forecast, By End User
  6.4.7. India Biodegradable Micro Screws Market
    6.4.7.1. Market Size and Forecast, By Application
    6.4.7.2. Market Size and Forecast, By End User
  6.4.8. South Korea Biodegradable Micro Screws Market
    6.4.8.1. Market Size and Forecast, By Application
    6.4.8.2. Market Size and Forecast, By End User
  6.4.9. Australia Biodegradable Micro Screws Market
    6.4.9.1. Market Size and Forecast, By Application
    6.4.9.2. Market Size and Forecast, By End User
  6.4.10. Rest of Asia-Pacific Biodegradable Micro Screws Market
    6.4.10.1. Market Size and Forecast, By Application
    6.4.10.2. Market Size and Forecast, By End User
6.5. LAMEA
  6.5.1. Key Market Trends and Opportunities
  6.5.2. Market Size and Forecast, By Application
  6.5.3. Market Size and Forecast, By End User
  6.5.4. Market Size and Forecast, By Country
  6.5.5. Brazil Biodegradable Micro Screws Market
    6.5.5.1. Market Size and Forecast, By Application
    6.5.5.2. Market Size and Forecast, By End User
  6.5.6. South Africa Biodegradable Micro Screws Market
    6.5.6.1. Market Size and Forecast, By Application
    6.5.6.2. Market Size and Forecast, By End User
  6.5.7. Saudi Arabia Biodegradable Micro Screws Market
    6.5.7.1. Market Size and Forecast, By Application
    6.5.7.2. Market Size and Forecast, By End User
  6.5.8. Rest of LAMEA Biodegradable Micro Screws Market
    6.5.8.1. Market Size and Forecast, By Application
    6.5.8.2. Market Size and Forecast, By End User

CHAPTER 7: COMPETITIVE LANDSCAPE

7.1. Introduction
7.2. Top Winning Strategies
7.3. Product Mapping of Top 10 Player
7.4. Competitive Dashboard
7.5. Competitive Heatmap
7.6. Top Player Positioning, 2023

CHAPTER 8: COMPANY PROFILES

8.1. Johnson And Johnson
  8.1.1. Company Overview
  8.1.2. Key Executives
  8.1.3. Company Snapshot
  8.1.4. Operating Business Segments
  8.1.5. Product Portfolio
  8.1.6. Business Performance
  8.1.7. Key Strategic Moves and Developments
8.2. Stryker Corporation.
  8.2.1. Company Overview
  8.2.2. Key Executives
  8.2.3. Company Snapshot
  8.2.4. Operating Business Segments
  8.2.5. Product Portfolio
  8.2.6. Business Performance
  8.2.7. Key Strategic Moves and Developments
8.3. Smith And Nephew Plc
  8.3.1. Company Overview
  8.3.2. Key Executives
  8.3.3. Company Snapshot
  8.3.4. Operating Business Segments
  8.3.5. Product Portfolio
  8.3.6. Business Performance
  8.3.7. Key Strategic Moves and Developments
8.4. Medtronic Plc
  8.4.1. Company Overview
  8.4.2. Key Executives
  8.4.3. Company Snapshot
  8.4.4. Operating Business Segments
  8.4.5. Product Portfolio
  8.4.6. Business Performance
  8.4.7. Key Strategic Moves and Developments
8.5. Zimmer Biomet Holdings, Inc.
  8.5.1. Company Overview
  8.5.2. Key Executives
  8.5.3. Company Snapshot
  8.5.4. Operating Business Segments
  8.5.5. Product Portfolio
  8.5.6. Business Performance
  8.5.7. Key Strategic Moves and Developments
8.6. Bioretec Ltd
  8.6.1. Company Overview
  8.6.2. Key Executives
  8.6.3. Company Snapshot
  8.6.4. Operating Business Segments
  8.6.5. Product Portfolio
  8.6.6. Business Performance
  8.6.7. Key Strategic Moves and Developments
8.7. CONMED Corporation.
  8.7.1. Company Overview
  8.7.2. Key Executives
  8.7.3. Company Snapshot
  8.7.4. Operating Business Segments
  8.7.5. Product Portfolio
  8.7.6. Business Performance
  8.7.7. Key Strategic Moves and Developments
8.8. OsteoMed
  8.8.1. Company Overview
  8.8.2. Key Executives
  8.8.3. Company Snapshot
  8.8.4. Operating Business Segments
  8.8.5. Product Portfolio
  8.8.6. Business Performance
  8.8.7. Key Strategic Moves and Developments
8.9. KLS Martin Group
  8.9.1. Company Overview
  8.9.2. Key Executives
  8.9.3. Company Snapshot
  8.9.4. Operating Business Segments
  8.9.5. Product Portfolio
  8.9.6. Business Performance
  8.9.7. Key Strategic Moves and Developments
8.10. Arthrex, Inc.
  8.10.1. Company Overview
  8.10.2. Key Executives
  8.10.3. Company Snapshot
  8.10.4. Operating Business Segments
  8.10.5. Product Portfolio
  8.10.6. Business Performance
  8.10.7. Key Strategic Moves and Developments


More Publications