UK Medical Device Coating Market Size & Outlook, 2022-2030
UK medical device coating market, 2018-2030 (US$M)
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UK medical device coating market highlights
- The UK medical device coating market generated a revenue of USD 498.4 million in 2022 and is expected to reach USD 906.5 million by 2030.
- The UK market is expected to grow at a CAGR of 7.8% 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 498.4 million |
| Market revenue in 2030 | USD 906.5 million |
| Growth rate | 7.8% (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, UK accounted for 3.9% 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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UK 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 UK 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.
Investments in healthcare sector by the UK government for health-tech initiatives has increased the scope of growth of medical device market in the country. For instance, in September 2020, the UK government provided USD 37.46 million in funding for health-tech initiatives.
U-care, project led by Heriot-Watt University along with universities of Bath & Edinburg, will be provided with USD 7.14 million for providing therapy for bacterial diseases and viruses in particular regions of the body. Such initiatives are anticipated to fuel the demand for medical device coatings in the country.
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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 UK medical device coating market , including forecasts for subscribers. This country databook contains high-level insights into UK medical device coating market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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UK medical device coating market size, by product, 2018-2030 (US$M)
UK Medical Device Coating Market Outlook Share, 2022 & 2030 (US$M)
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