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Premium Report Details
Base Year: 2022
Companies covered: 10
Tables & Figures: 282
Countries covered: 21
Pages: 160
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Tablet Coating Market
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Tablet Coating Market Size
Tablet Coating Market size was valued at around USD 831.7 million in 2022 and is expected to grow at a CAGR of 5.8% from 2023 to 2032. The growth of this industry is attributed to the factors such as growing pharmaceutical industries, increasing demand for biopharmaceuticals, increasing adoption of orphan drugs, and rising demand for nutraceuticals.
Tablet coating is the method of applying coating materials to the surface of a tablet to obtain desirable pre-formulation qualities over the uncoated kind. The growth of the pharmaceutical sector and the associated R&D activities are expected to drive market growth. The growing geriatric population and the subsequently increasing prevalence of chronic diseases among this age group are expected to propel market growth.