Used extensively in biomedical applications due to its biocompatibility and non-toxic nature, it serves as a coating material for medical devices to reduce protein adsorption and prevent bacterial adhesion. In drug delivery systems, it is employed to enhance the stability and solubility of therapeutic agents, improving their efficacy. Additionally, it is utilized in surface modification of nanoparticles to prolong circulation time in the bloodstream. Its hydrophilic properties make it suitable for use in hydrogels and wound dressings, promoting moisture retention and healing. In the field of diagnostics, it is applied as a stabilizer for bioassays and imaging agents, ensuring accurate and reliable results.