South Africa Medical Device Coating Market Size & Outlook
South Africa medical device coating market, 2018-2030 (US$M)
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South Africa medical device coating market highlights
- The South Africa medical device coating market generated a revenue of USD 45.9 million in 2022 and is expected to reach USD 75.6 million by 2030.
- The South Africa market is expected to grow at a CAGR of 6.4% 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 45.9 million |
| Market revenue in 2030 | USD 75.6 million |
| Growth rate | 6.4% (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, South Africa accounted for 0.4% 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 Middle East & Africa, UAE medical device coating market is projected to lead the regional market in terms of revenue in 2030.
- UAE is the fastest growing regional market in Middle East & Africa and is projected to reach USD 146.5 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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South Africa 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 31.15% in 2022. Horizon Databook has segmented the South Africa 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.
South Africa medical device coatings market is expected to witness significant growth over the forecast period. The increasing number of initiatives by various governments in the region for the enhancement of public healthcare infrastructure is expected to augment the demand for medical device coating over the forecast period.
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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 country-level data and insights on the South Africa medical device coating market , including forecasts for subscribers. This country databook contains high-level insights into South Africa medical device coating market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Africa medical device coating market size, by product, 2018-2030 (US$M)
South Africa Medical Device Coating Market Outlook Share, 2022 & 2030 (US$M)
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