India Medical Device Coating Market Size & Outlook
India medical device coating market, 2018-2030 (US$M)
Related Markets
India medical device coating market highlights
- The India medical device coating market generated a revenue of USD 354.8 million in 2022 and is expected to reach USD 733.1 million by 2030.
- The India market is expected to grow at a CAGR of 9.5% 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.
Medical device coating market data book summary
| Market revenue in 2022 | USD 354.8 million |
| Market revenue in 2030 | USD 733.1 million |
| Growth rate | 9.5% (CAGR from 2022 to 2030) |
| Largest segment | Anti-microbial coatings |
| Fastest growing segment | Hydrophilic coatings |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 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, India accounted for 2.7% of the global medical device coating market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China medical device coating market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 733.1 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Medical Device Coating Market Scope
Medical Device Coating Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
India 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 31.96% in 2022. Horizon Databook has segmented the India 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.
India is one of the fastest-growing markets in the region. The high growth is attributed to the increasing demand for antimicrobial coatings in medical devices in the country. India has a substantial percentage of population without access to safe and affordable medical assistance.
As a result, major rollouts to improve public health infrastructure are done by the government, which is expected to boost the demand for medical devices. This, in turn, is anticipated to positively impact the market growth in the coming years.
Moreover, rising demand for better healthcare facilities coupled with the rising number of hospitals in the country is likely to fuel the demand for medical device coatings over the forecast period.
Reasons to subscribe to India medical device coating market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of India medical device coating market databook
-
Our clientele includes a mix of medical device coating market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the India medical device coating market , including forecasts for subscribers. This country databook contains high-level insights into India medical device coating market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
India medical device coating market size, by product, 2018-2030 (US$M)
India Medical Device Coating Market Outlook Share, 2022 & 2030 (US$M)
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
