The global market for medical device coatings was valued at $5.8 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 10.9% to reach $9.7 billion by 2027.

Coatings are used to improve the biocompatibility of medical devices with the human body, reduce the risk of infection, prevent blood clotting, and improve the device’s durability and longevity. Types of medical device coatings, which are used in various applications (Table 1), include...