Spain Medical Device Coating Market Size & Outlook
Spain medical device coating market, 2018-2030 (US$M)
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Spain medical device coating market highlights
- The Spain medical device coating market generated a revenue of USD 341.0 million in 2022 and is expected to reach USD 625.7 million by 2030.
- The Spain market is expected to grow at a CAGR of 7.9% 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 341.0 million |
| Market revenue in 2030 | USD 625.7 million |
| Growth rate | 7.9% (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, Spain accounted for 2.6% 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 Europe, Germany medical device coating market is projected to lead the regional market in terms of revenue in 2030.
- Germany is the fastest growing regional market in Europe and is projected to reach USD 2,216.0 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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Spain 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 Spain 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.
The major cause of death among the Spanish population is cardiovascular diseases, whose prevalence has been growing since the past few years. This has led to the growth of investment in healthcare sector of the country.
Regulations regarding the use of coronary stents for cardiovascular treatment have been imposed by the Spanish government as a part of safety measures. This has positively impacted the market in the country.
The demand for medical devices used for cardiovascular treatment, including coronary stents, has increased in the country, which, in turn, has augmented the growth of Spain medical device coatings market.
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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 Spain medical device coating market , including forecasts for subscribers. This country databook contains high-level insights into Spain medical device coating market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Spain medical device coating market size, by product, 2018-2030 (US$M)
Spain Medical Device Coating Market Outlook Share, 2022 & 2030 (US$M)
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