In this study, silver-strontium doped hydroxyapatite (AgSr-HA)/chitosan composite coatings were deposited on stainless steel (SS) substrate via electrophoretic deposition (EPD) technique. The EPD parameters such as the concentration of Ag Sr-HA particles in the suspension, applied voltage and deposition time were optimized on by the Taguchi Design of Experiment (DoE) approach. DOE approach elucidated that the “best” coating was obtained at; the deposition voltage of 20V, deposition time of 7 minutes, and at 5 g/L of Ag Sr-HA particles in the suspension. The optimum coatings were characterized by using scanning electron microscopy (SEM) and energy dispersive X-ray (EDX) spectroscopy. SEM images confirmed the deposition of chitosan/Ag Sr-HA on the SS substrate. The wettability studies indicated the hydrophilic nature of the chitosan/Ag Sr-HA coatings, which confirmed the suitability of the developed coatings for orthopedic applications. The average surface roughness of the chitosan/Ag Sr-HA coatings was in a suitable range for the attachment of bone marrow stromal cells. Chitosan/Ag Sr-HA coatings showed a potent antibacterial effect against the Gram-Positive and Gram-negative bacteria.