Japan Medical Device Coating Market Size & Outlook
Japan medical device coating market, 2018-2030 (US$M)
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Japan medical device coating market highlights
- The Japan medical device coating market generated a revenue of USD 445.6 million in 2022 and is expected to reach USD 853.2 million by 2030.
- The Japan market is expected to grow at a CAGR of 8.5% 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 445.6 million |
| Market revenue in 2030 | USD 853.2 million |
| Growth rate | 8.5% (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, Japan accounted for 3.5% 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.
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Medical Device Coating Market Scope
Medical Device Coating Market Companies
| Name | Profile | # Employees | HQ | Website |
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Japan 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 32.32% in 2022. Horizon Databook has segmented the Japan 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.
Medical device coating market in Japan is expected to witness high growth over the forecast period on account of increasing demand from various applications including general surgery, cardiovascular, and orthopedics.
Rising prevalence of diseases among the aging population has resulted in an increase in the demand for medical devices and advance healthcare system in the country. This is expected to drive the demand for medical device coating in Japan over the forecast period.
According to health policy studies of the Organization for Economic Co-operation and Development (OECD), Japan has the highest life expectancy of 83.9 years among OECD countries. This implies a higher risk of COVID-19 for elderly citizens in Japan with the current global death rate rising sharply among patients over 60 years.
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Horizon Databook provides a detailed overview of country-level data and insights on the Japan medical device coating market , including forecasts for subscribers. This country databook contains high-level insights into Japan medical device coating market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Japan medical device coating market size, by product, 2018-2030 (US$M)
Japan Medical Device Coating Market Outlook Share, 2022 & 2030 (US$M)
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