Europe Medical Device Coating Market Size & Outlook
Europe medical device coating market, 2018-2030 (US$M)
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Europe medical device coating market highlights
- The Europe medical device coating market generated a revenue of USD 3,741.1 million in 2022.
- The market is expected to grow at a CAGR of 8.3% from 2023 to 2030.
- In terms of segment, anti-microbial coatings was the largest revenue generating product in 2022.
- Hydrophilic coatings is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, Germany is expected to register the highest CAGR from 2023 to 2030.
Europe data book summary
| Market revenue in 2022 | USD 3,741.1 million |
| Market revenue in 2030 | USD 7,087.3 million |
| Growth rate | 8.3% (CAGR from 2022 to 2030) |
| Largest segment | Anti-microbial coatings |
| Fastest growing segment | Hydrophilic coatings |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Hydrophilic coatings, Anti-microbial coatings, Drug-eluting Coatings, Anti-thrombogenic coatings |
| Key market players worldwide | Surmodics Inc, DSM, Covalon Technologies Ltd, Materion Corp, SONO-Tek Corporation, Hydromer, Infinity biotech |
Other key industry trends
- In terms of revenue, Europe region accounted for 29.0% of the global medical device coating market in 2022.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 5,477.2 million by 2030.
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Medical Device Coating Market Scope
Medical Device Coating Market Companies
| Name | Profile | # Employees | HQ | Website |
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Europe medical device coating market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to medical device coating market will help companies and investors design strategic landscapes.
Anti-microbial coatings was the largest segment with a revenue share of 31.74% in 2022. Horizon Databook has segmented the Europe medical device coating market based on hydrophilic coatings, anti-microbial coatings, drug-eluting coatings, anti-thrombogenic coatings covering the revenue growth of each sub-segment from 2018 to 2030.
An increase in health concerns in the countries of Europe has propelled the demand for medical devices. The Europe medical device coating market is expected to grow due to an increase in the demand for medical devices across the European region.
Factors such as increase in cardiovascular health concerns, investments across healthcare sector, effective treatments for cardiovascular diseases, and imposed government regulations have boosted the demand for devices such as coronary stents in the region.
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Our clientele includes a mix of medical device coating market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe medical device coating market , including forecasts for subscribers. This continent databook contains high-level insights into Europe medical device coating market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Europe medical device coating market size, by country, 2018-2030 (US$M)
Europe Medical Device Coating Market Outlook Share, 2022 & 2030 (US$M)
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