According to FutureWise analysis the market for bioactive coating devices in 2023 is US$ 0.33 billion, and is expected to reach US$ 0.65 billion by 2031 at a CAGR of 8.70%.
Bioactive coatings are thin films coated on medical devices to inhibit bacterial adhesion, enhance core functionality, increase bioactivity, and improve biocompatibility. They are most commonly used on implantable devices. The bioactive coatings include bio ceramics, extracellular matrix proteins, biological peptides, growth factors, and antimicrobial peptides. In order to reduce bacterial adhesion and prosthetic infections, these coatings are widely used in implantable orthopedic prosthetic devices. There is currently research underway on the development of other bioactive coatings that contain nitric oxide, antibiotics, and silver, among others. In developed markets, advances in material science and cell biology are important factors that increase product penetration. In healthcare facilities, medical coatings are mainly used to modify various surfaces of devices, medical equipment, and implants. Medical devices are used intensively and regularly, which results in wearing out, an increase in infections, the development of microbes, and an increase in friction and corrosion.
FutureWise Market Research has instantiated a report that provides an intricate analysis of Bioactive Coating Devices Market trends that shall affect the overall market growth. Furthermore, it includes detailed information on the graph of profitability, SWOT analysis, market share and regional proliferation of this business. Moreover, the report offers insights on the current stature of prominent market players in the competitive landscape analysis of this market.
According to the research study conducted by FutureWise research analysts, the Bioactive Coating Devices Market is anticipated to attain substantial growth by the end of the forecast period. The report explains that this business is predicted to register a noteworthy growth rate over the forecast period. This report provides crucial information pertaining to the total valuation that is presently held by this industry and it also lists the segmentation of the market along with the growth opportunities present across this business vertical.