The global biocompatible coatings market size is projected to grow from USD 14.6 billion in 2022 to USD 29.7 billion by 2028, at a CAGR of 12.4%. This report provides a comprehensive analysis of the industry, including market size, share, biocompatible coatings market trends, drivers and constraints, competitive aspects, and prospects for future growth. The rapid growth of the healthcare industry, Rapid urbanization, population growth, and the increasing focus on hygiene and cleanliness drive the biocompatible coatings market. The biocompatible coatings market is divided into five key regions:Asia Pacific, Europe, North America, Europe, the Middle East & Africa, and South America. China and India, among other countries, are fastest growing biocompatible coatings market globally.
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Polymer segment is expected to account for the largest share in 2022.
Polymers provide versatility, allowing for the development of coatings with tailored properties such as biocompatibility, durability, flexibility, and resistance to wear and corrosion. These characteristics make polymer coatings suitable for a diverse range of medical devices and implants, including orthopedic implants, cardiovascular stents, surgical instruments, and drug delivery systems. advancements in polymer technology have enabled the development of biodegradable coatings. These coatings gradually dissolve or degrade over time, reducing the need for additional surgical interventions to remove the coating. Bioresorbable polymer coatings are particularly advantageous for implantable devices, as they can facilitate tissue healing and integration. The widespread adoption of polymer-based biocompatible coatings can be attributed to their compatibility with various fabrication techniques, cost-effectiveness, and well-established manufacturing processes. These factors make polymer coatings more accessible and easier to integrate into existing medical device production workflows.
Food & Beverage segment is expected to account for the largest share in 2022.
The food and beverage segment is a crucial component of the biocompatible coatings industry, and it plays a vital role in ensuring the safety, quality, and shelf life of food and beverage products. Food and beverage packaging serves as a protective barrier that safeguards products from external factors such as moisture, light, air, and contaminants. It helps prevent spoilage, maintain product freshness, and extend shelf life. Advanced packaging materials and technologies, including biocompatible coatings, are employed to ensure optimal product protection and preservation. the food and beverage packaging segment is driven by the need for product protection, safety, branding, convenience, sustainability, and regulatory compliance. Biocompatible coatings play a significant role in enhancing the safety, functionality, and aesthetics of packaging materials in this segment, meeting the evolving demands of both consumers and regulatory bodies.
Asia Pacific is expected to register highest CAGR during the forecast period.
Asia Pacific region has a large and rapidly growing population, along with increasing healthcare expenditure. This demographic trend drives the demand for medical devices, implants, and related technologies, which in turn fuels the need for biocompatible coatings. The region's rising middle class and improving healthcare infrastructure also contribute to the market growth.
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There is a growing focus on medical tourism in countries like India, Thailand, and Malaysia, where patients from other countries seek medical treatments. This trend further drives the demand for advanced medical devices and implants, which often require biocompatible coatings. the region's manufacturing capabilities and cost advantages attract global medical device manufacturers to establish production facilities in Asia Pacific countries. This factor supports the local production and consumption of biocompatible coatings, further contributing to market growth.
Biocompatible Coatings Companies
The major players in the global biocompatible coatings market are SurModics, Inc. (US), DSM Biomedical (US), Hydromer Inc. (US), Covalon Technologies Ltd. (Canada), and Hemoteq AG (Germany). These players opted for inorganic growth through mergers & acquisitions, agreements, and partnerships. For instance, in July 2021, SurModics, Inc. has acquired privately-held Vetex Medical Limited. The Galway, Ireland-based medical device developer and manufacturer has focused exclusively on venous clot removal solutions.
SurModics, Inc: SurModics, Inc. is a global provider of surface modification and in vitro diagnostic technologies. The company is headquartered in Eden Prairie, Minnesota, United States. SurModics has been operating for over four decades and has established itself as a leader in the field of biocompatible coatings and surface modification technologies. The company's core focus is on developing and commercializing innovative solutions that enhance the performance, biocompatibility, and functionality of medical devices. SurModics offers a broad portfolio of biocompatible coatings designed to address various applications and industries, including cardiovascular, ophthalmology, neurology, and in-vitro diagnostics. SurModics' biocompatible coatings provide functionalities such as lubricity, hydrophilicity, drug delivery, anti-thrombogenicity, and bioactive capabilities. These coatings are tailored to meet the specific requirements of medical devices, ensuring improved performance, reduced complications, and enhanced patient outcomes. SurModics collaborates with medical device manufacturers, pharmaceutical companies, and diagnostic testing laboratories to develop customized coating and surface modification solutions. The company's team of scientists and engineers work closely with customers to understand their specific needs and deliver innovative solutions that address their challenges.
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DSM Biomedical: DSM Biomedical is a division of DSM, a global science-based company headquartered in the Netherlands. DSM Biomedical specializes in developing and manufacturing biomedical materials and technologies, with a focus on providing innovative solutions for the medical device and healthcare industries. The company offers a wide range of products and solutions that address various medical applications, including orthopedics, cardiovascular devices, dental applications, drug delivery systems, and wound care. DSM Biomedical's expertise lies in developing biocompatible materials, coatings, drug delivery systems, and regenerative solutions that enhance the performance, biocompatibility, and safety of medical devices. The company places a strong emphasis on sustainability and environmental responsibility. DSM Biomedical strives to develop materials and technologies that are eco-friendly and have minimal impact on the environment. This commitment aligns with the growing demand for sustainable solutions in the medical industry.
DEC 28 2020: Textured Soy Protein, also known as soy meat, or soya chunks is a defatted soy flour product, a by-product of extracting soybean oil.
It is often used as a meat analogue or meat extender.
It is quick to cook, with a protein content comparable to certain meats.
The analysts forecast the global textured soy protein market to exhibit a CAGR of 7.9% during the period 2019-2024.
By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: regional markets, product, and application.To Request A Sample Copy Of This Report @: https://www.radiantinsights.com/research/textured-soy-protein-market-2024/request-sampleGeographically, the global textured soy protein market is segmented into North America, Asia Pacific, Europe, Middle East & Africa and South America.
This report forecasts revenue growth at a global, regional & country level, and provides an analysis of the market trends in each of the sub-segments from 2019 to 2024.- North America (U.S., Canada, Mexico, etc.
Waterproofing admixture is a type of admixture which prevents the passage of water through hardened concrete under a pressure head.
Waterproofing admixture reduces the permeability of concrete hence making it waterproof.
Concrete waterproofing requires waterproofing admixture which consists of water-repellent or hydrophobic chemicals that are derived from soaps, vegetable oils, fatty acids and petroleum.
These materials when mixed with concrete form a water-repellent layer alongside pores in the concrete, thus increasing the water resistance.Integral waterproofing offers various advantages increased durability during backfill, resistance to delamination, and decomposition.
The demand for waterproofing admixtures is from new construction and also from maintenance and repair activities.
High versatility and wide application of the product creates a highly conducive environment for growth of the waterproofing admixture market.Get Sample Copy of this Report @ https://dataintelo.com/request-sample/?reportId=8198The Report entitled 2019-2025 Global Waterproofing Admixture Market Report explores the essential factors of the Waterproofing Admixture market considering such as industry situations, market demands, market players adopted business strategies and their growth scenario.
Market Research Future Published a Half-Cooked Research Report on Global Textile Coatings Market Research Report- Forecast to 2023Regional Analysis:For an Exhaustive Geographical Assessment, the Global Textile Coatings Market Share has been segmented into Asia Pacific, Europe, Latin America, North America, and the Middle East & Africa (MEA).
Asia Pacific is expected to hold the lion’s share of the market in the years to come.
The increasing demand for PU based Textile Coatings is prognosticated to drive the proliferation of the market in the foreseeable future.Competitive Dashboard:The important players studied for presenting a detailed segmental analysis of the Global Textile Coatings Market are Lubrizol Corporation (U.S.), Covestro AG (Germany), Huntsman International LLC (U.S.), Clariant AG (Switzerland), Solvay SA (Belgium), Formulated Polymer Products Ltd. (U.K), BASF SE (Germany), Sumitomo Chemical Company (Japan), Omnova Solutions Inc. (U.S.), and Tanatex B.V. (Netherlands).Get Free Sample @ https://www.marketresearchfuture.com/sample_request/5913Industry News:In May 2019, Covestro AG, Bayer's materials science division, has presented sustainable developments in Insqin technology designed for aqueous Textile Coatings and water-based polyurethane dispersion at Techtextil 2019.
These developments are introduced for enabling biodegradable Textile Coatings.In May 2019, Archroma, a leader in specialty chemicals and sustainable solutions, has announced the launch of a break-through water-based textile coating binder named Appretan® NTR which is based on natural renewable ingredients.Market Synopsis:Textile Coatings are gaining momentum and witnessing rising applications across major end-use industries.
The assessment offered by Market Research Future (MRFR) has revealed that the Global Textile Coatings Market is poised to register a steady CAGR across the projection period 2017 to 2023.
These coatings are also extensively used in the automotive sector for the manufacturing of upholstery.
Depth Sensing Market - Synopsisglobal Depth Sensing market is poised to reach the valuation of USD 7.43 BN by 2023, registering 11.64% CAGR throughout the forecast periodThe global depth sensing market is growing rapidly, primarily due to the increasing applications in gaming applications and the rise in demand for enhanced security and surveillance systems among end-users.
Applications of this technology are growing in some of the burgeoning industries such as automotive, electronics, defense, and healthcare, among others.Over the past couple of years, depth sensing technology has garnered massive popularity due to the increasing integration of depth-sensing techniques in smartphones to enable facial detection, recognition, and authentication.Get FREE Sample Depth Sensing Market Report @ https://www.marketresearchfuture.com/sample_request/6951Considering the significant traction, the market is garnering currently, Market Research Future (MRFR) in its recently published study analysis asserts that the global Depth Sensing market is poised to reach the valuation of USD 7.43 BN by 2023, registering 11.64% CAGR throughout the forecast period (2017 – 2023).
In 2017, the market garnered a value of USD 3.87 BN, which indicates that the market is expected to witness over double-fold growth in just six years.Additional factors that are supporting the growth of the market include the considerable investments in the research and development activities to foster product development and launches.
Also, due to the increase in IoT-based solutions, the demand for depth sensing is expected to surge in the recent future.On the flipside, factors such as the high costs of the depth sensors and the necessity of perfect angle for stereo depth-sensing technology are some impeding the growth of the market growth.Major Players:Key players leading the global depth sensing market include Intel (US), Texas Instruments (US), Qualcomm (US), Infineon Technologies (Germany), Stereolabs (US), Creative Technology (Singapore), PMD technologies AG (Germany), Sony Depthsensing Solutions (Belgium), Espros Photonics Corporation (Switzerland), BECOM Bluetechnix GmbH (Austria), Aquifi (US), Melexis (Belgium), Nerian Vision Technologies (Germany), Tower Semiconductor (Israel), Occipital (US), Vrmagic Holding AG (Germany), Sunny Optical Technology (China), ASUSTeK Computer (Taiwan), PrimeSense (Israel), and LIPS Corporation (Taiwan) among others.Industry/ Innovation/ Related NewsMay 21, 2019 - Magik Eye Inc. (the US), the leading company involved in developing 3D sensor technology and has a family of 3D depth sensing solutions that support a wide range of applications for smartphones, robotics and surveillance presented its new technology Invertible Light™ at the 2019 Embedded Vision Summit.Invertible Light is a new approach for depth sensing that enables the smallest, fastest and most power-efficient 3D sensing.
Invertible Light aims to transform 3D sensing in the coming age of robotics and machine vision for the masses, replacing traditional methods such as Structured Light, Time of Flight, and Stereo Scoping Imaging.Global Depth Sensing Market - SegmentsFor a better understanding, the analysis is segmented into five key dynamics:By Component : Camera Lens Module, Sensors, and IlluminatorBy Type : Active and Passive Depth SensingBy Technology : Stereo Vision, Time-of-Flight, and Structured LightBy Vertical : Automotive, Consumer Electronics, Industrial and Medical among others.By Region : Asia Pacific, North America, Europe, and the Rest-of-the-World.Global Depth Sensing Market - Competitive AnalysisHighly competitive, the depth sensing market appears to be fragmented due to the presence of several well-established players.
These players incorporate strategic initiatives such as acquisition, collaboration, partnership, expansion, and product/ technology launch in order to maintain their positions and to gain a competitive advantage in this market.These players focus on new product development initiatives and geographical expansion.
