Report : Middle East & Africa Medical Device Coating Market Forecast to 2028 – COVID-19 Impact and Regional Analysis – by Device Material Type (Polymer, Metal, and Others), Devices (Medical Equipment and Tools, Medical Devices, Medical Implant, and Others), Coating (Hydrophilic Coating, Anti-Microbial Coating, Drug-Eluting Coating, Anti-Thrombogenic Coating, and Others), and Application (Infection Diseases, General Surgery, Orthopedic, Neurology, and Others)
At 6.8% CAGR, the Middle East & Africa Medical Device Coating Market is projected to be worth US$ 581.12 million by 2028, says Business Market Insights
According to Business Market Insights’ research, the Middle East & Africa medical device coating market was valued at US$ 392.10 million in 2022 and is expected to reach US$ 581.12 million by 2028, registering a CAGR of 6.8% from 2022 to 2028. Increasing R&D activities and innovation in medical device coating materials and increasing product launches and product developments are the critical factors attributed to the Middle East & Africa medical device coating market expansion.
Medical device coatings range from lubrications to antimicrobials to water-repellent polymers and can be customized according to the device’s type. Intense R&D activities brings to the surface some innovative coated surgical devices. The coating binds water molecules creating a thin hydration barrier that deters microbes from binding and proliferation. These coatings are expected to not harm the tissues and eliminate the implant-associated infections. The parylene, medical-grade polytetrafluoroethylene (PTFE), and albumin coatings are advantageous over traditional titanium nitride and physical vapor deposition (PVD) coatings. Such research and development activities in medical device coatings are likely to propel the Middle East & Africa medical device coating market growth.
On the contrary, complications associated with medical device coatings and frequent product recalls hurdles the growth of Middle East & Africa medical device coating market.
- Based on material type, the Middle East & Africa medical device coating market is segmented into polymers, metals, and others. The metals segment held 49.9% market share in 2022, amassing US$ 195.49 million. It is projected to garner US$ 281.52 million by 2028 to expand at 6.3% CAGR during 2022–2028.
- Based on devices, the Middle East & Africa medical device coating market is segmented into medical equipment and tools, medical devices, medical implants, and others. The medical devices segment held 40.2% market share in 2022, amassing US$ 157.51 million. It is projected to garner US$ 234.41 million by 2028 to expand at 6.9% CAGR during 2022–2028.
- Based on coating, the Middle East & Africa medical device coating market is segmented into hydrophilic coatings, anti-microbial coatings, drug-eluting coatings, anti-thrombogenic coatings, and others. The hydrophilic coating segment held 33.3% market share in 2022, amassing US$ 130.61 million. It is projected to garner US$ 194.51 million by 2028 to expand at 6.9% CAGR during 2022–2028.
- Based on application, the Middle East & Africa medical device coating market is segmented into infectious diseases, neurology, orthopedics, general surgery, and others. The others segment held 30.0% market share in 2022, amassing US$ 117.47 million. It is projected to garner US$ 177.32 million by 2028 to expand at 7.1% CAGR during 2022–2028.
- Based on country, the Middle East & Africa medical device coating market is segmented into Saudi Arabia, South Africa, the UAE, and the Rest of Middle East & Africa. Our regional analysis states that Saudi Arabia captured 35.7% market share in 2022. It was assessed at US$ 139.92 million in 2022 and is likely to hit US$ 212.48 million by 2028, exhibiting a CAGR of 7.2% during the forecast period.
Key players dominating the Middle East & Africa medical device coating market are Covalon Technologies Ltd, Harland Medical Systems Inc, Hydromer Inc, Kisco Ltd, Koninklijke DSM NV, and Surmodics Inc, among others.
- In 2022, Harland Medical Systems, Inc. announced the release of the CTS1100 Coating Thickness Testing System at MD&M West. As a testing system, the CTS1100 allows medical device manufacturers to accurately and easily Middle East & Africasure coating thickness on their devices.
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