-- According to Stratistics MRC, the Global Medical Grade Silicone Market is accounted for $1.13 billion in 2016 and is expected to reach $1.84 billion by 2023 growing at a CAGR of 7.2% during the forecast period. Huge growth of application is orthopedic components and medical devices are some of the key factors favouring the market growth. However, strict government regulations and escalating raw material cost are hampering the market. Increasing healthcare in developing countries provides ample of opportunities for the market growth.
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By Application, Prosthetics and Orthopedic segments are expected to witness huge growth during the forecast period owing to their physical properties of chemical inertness, elasticity and skin-like texture. By Form, Gels segment commanded the largest market share attributed to growing usage of this product in medical applications. Silicone gel has tested to be extremely useful for scar treatment and cause 86% decrease in texture, 84% decrease in color, and 68% decrease in the height of scars.
North America commanded the largest market share due to the presence of technology advancement and medical grade silicone built-up companies in this region. Asia Pacific is expected to grow at a fastest CAGR owing to the fast growing infrastructure that provides ample of opportunities for medical grade silicone market growth in the region.
Some of the key players in Medical Grade Silicone market include 3M Company, Saint-Gobain Performance Plastics, Royal DSM, Henkel AG & Co., DOW Corning Corporation, Specialty Silicone Fabricators, Inc., Polymer Science, Inc., Nusil Technology LLC, Zodiac Coating, Primasil Silicones Limited, Wacker Chemie AG, Bioplexus, Stockwell Elastomerics Inc., Momentive Performance Materials Inc. and Wynca Group.
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Applications Covered:
Orthopedic Components
Contact Lenses
Medical Devices
Prosthetics
Medical Tapes
Other Applications
Forms Covered:
Medical Adhesives
Elastomers
Gels
Medical Coatings
Other Forms
Regions Covered:
North America
US
Canada
Mexico
Europe
Germany
France
Italy
UK
Spain
Rest of Europe
Asia Pacific
Japan
China
India
Australia
New Zealand
South Korea
Rest of Asia Pacific
outh America
Argentina
Brazil
Chile
Rest of South America
Middle East & Africa
Saudi Arabia
UAE
Qatar
South Africa
Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
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Major Points From The Table Of Contents:
Executive Summary
Preface
Market Trend Analysis
Porters Five Force Analysis
Global Medical Grade Silicone Market, By Application
Global Medical Grade Silicone Market, By Form
Global Medical Grade Silicone Market, By Geography
Key Developments
Company Profiling
List Of Tables:
Table 1 Global Medical Grade Silicone Market Outlook, By Region
Table 2 Global Medical Grade Silicone Market Outlook, By Application
Table 3 Global Medical Grade Silicone Market Outlook, By Orthopedic Components
Table 4 Global Medical Grade Silicone Market Outlook, By Contact Lenses
Table 5 Global Medical Grade Silicone Market Outlook, By Medical Devices
Table 6 Global Medical Grade Silicone Market Outlook, By Medical Tubes
Table 7 Global Medical Grade Silicone Market Outlook, By Catheters
Table 8 Global Medical Grade Silicone Market Outlook, By Medical Electronics, Device Assemblies & Fittings
Table 9 Global Medical Grade Silicone Market Outlook, By Medical Rings and Gaskets
Table 10 Global Medical Grade Silicone Market Outlook, By Miscellaneous Accessories
Table 11 Global Medical Grade Silicone Market Outlook, By Prosthetics
Table 12 Global Medical Grade Silicone Market Outlook, By Implants
Table 13 Global Medical Grade Silicone Market Outlook, By Limbs
Table 14 Global Medical Grade Silicone Market Outlook, By Medical Tapes
Table 15 Global Medical Grade Silicone Market Outlook, By Personal Hygiene
Table 16 Global Medical Grade Silicone Market Outlook, By Wound Care
Table 17 Global Medical Grade Silicone Market Outlook, By Component Joining
Table 18 Global Medical Grade Silicone Market Outlook, By Drug Delivery
Table 19 Global Medical Grade Silicone Market Outlook, By Other Applications
Table 20 Global Medical Grade Silicone Market Outlook, By Topical Gels
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