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Stock impact report

Medical Device Coating Market to Hit USD 24.25 Billion by 2030 due to Rising Incidence of Chronic Diseases and Stringent Regulatory Standards | by SNS Insider [Yahoo! Finance]

Sono-Tek Corporation (SOTK) 
NASDAQ:AMEX Investor Relations: sono-tek.com/investor-relations
Company Research Source: Yahoo! Finance
Pune, Dec. 05, 2023 (GLOBE NEWSWIRE) -- The Medical Device Coating Market , as per the SNS Insider report, reached a valuation of USD 13.20 billion in 2022 and is projected to reach USD 24.25 billion by 2030, experiencing a compound annual growth rate (CAGR) of 7.9% during the forecast period from 2023 to 2030. Market Overview Medical device coating plays a crucial role in enhancing the functionality, safety, and durability of various healthcare instruments. These coatings are meticulously designed to meet specific requirements, ensuring optimal performance and patient well-being. The primary objectives of these coatings include improving biocompatibility, preventing infections, enhancing lubricity, and ensuring the longevity of the devices. The selection of an appropriate coating is influenced by factors such as the device's intended use, the anatomical site of application, and the desired performance characteristics. Download E-PDF Brochure: https://www.snsinsider.com/sample- Show less Read more
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