In the medical coating industry, business is booming. Every day more and more investments are being made into new drugs that require a protective coating to keep them from degrading as they go through chemical processes in the body. To keep up with the demand for these coatings, companies have a lot of pressure to innovate and stay ahead of current trends. But, for those who work in this industry already, it can be challenging to stay ahead of all these changes. So here are the top seven medical coating trends in 2023.
1. Nanoscience will produce better coatings
The level of nanotechnology in the medical industry is increasing rapidly, and the coating industry has followed suit. While it was first only used for particular applications, it is now used to produce many different coatings.
Some coatings produced using nanotechnology include those that can be extremely thin and have high durability and other layers that use nanoparticles to help protect drugs during manufacturing processes.
2. Factory-scale coating production
Manufacturing in a medical coating factory is becoming more and more similar to that in other manufacturing facilities. Companies are now using automated processes to coat products and create consistent results at all times. To speed up the process, companies will also increase these plants’ size.
Many of the larger companies in this industry are based in China, where they can take advantage of low labor costs and large factories that can quickly produce large batches of products. Some smaller companies have started reconfiguring their factories to focus on specific products instead of being at war over market share.
3. AI will start to be used in all areas of the production process
Most companies use automation for every production process to stay competitive and produce a quality product. However, that doesn’t mean that every company uses standard, off-the-shelf software from any one company. Instead, this industry embraces the new software based on artificial intelligence (AI). For example, companies like Yitu are developing software that will allow them to “learn” from how other products are made and then do a better job of creating the same product independently. That is expected to help companies improve their products and speed up production.
4. New nanomaterial coatings will replace traditional ingredients
Many different types of coatings are used in this industry, but some nano-level materials will be growing in popularity. That’s because they can be incorporated into many kinds of coating to provide benefits like better drug release or enhanced potency. Companies have begun using these new materials to reduce their costs and improve the properties of their products.
Some materials used in these coatings include graphene and carbon nanotubes, which can improve certain drugs’ strength, elasticity, and stability. These materials can also decrease the energy and time required to create a product.
5. More people will be entering the coating industry
Although this industry is relatively small compared to other sectors, that isn’t expected to stop it from growing over the next five years. There are more doctor-in-training programs worldwide now than ever, so more students are learning about drug delivery and how it can be improved. That means more people will learn about coating production, and more companies will begin to invest in these new technologies that can help them improve their products.
6. This industry will reach $12.3 billion in economic impact
The global drug delivery coating industry is expected to experience solid growth over the next few years, mainly due to the increasing demand for coatings. In 2014, this industry had a total economic impact of $7.3 billion and was expected to reach $12.3 billion by 2019. Furthermore, the global offset printing market has experienced an almost 20 percent annual compound annual growth rate over the past few years, which means there is still a lot of room for this market to grow even more during the next five years.
7. Many new types of coating will be developed
Many different types of coating can protect a drug from exposure to the environment and specific chemical processes. Because of this, a lot of research is being done in this industry to create coatings used for custom drug delivery and bioengineering.
This industry has been developing for several years, but it is expected to continue seeing steady growth over the next five years. Most of this growth will happen in China because they already have a dominant presence in the market, and their research efforts are focused mainly on industrial biotech applications such as disease detection, gene therapy, and regenerative medicine.
in summary, the coating industry is vital in the pharmaceutical industry because it acts as a “wrapper” around a drug to protect it from its surrounding environment. The coatings are usually made through electrodeposition on various surfaces like metals, plastics, and glasses.