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    Medical Grade Silicone Market | Covid-19 Impact Analysis

    Medical Grade Silicone Market | Covid-19 Impact Analysis

    Medical Grade Silicone Market | Covid-19 Impact Analysis
    Report code - SRHL160 Delivery - 2 Weeks
    Medical Grade Silicone Market Size, Share, Trend, Forecast, & Competitive Analysis.
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    Medical Grade Silicone Market Insights

    Medical Grade Silicone Market is likely to witness an impressive CAGR of 7.2% during the forecast period. Growing healthcare industry and the fast-growing prosthetics and orthopedic applications drive the medical grade silicone market globally.

    Medical grade silicones are enormously malleable to differences in terms of application, property, and state. They can be manufactured with preferred properties, such as rigid solid form to little viscosity liquid form, by changing the chain length and chemical structure. Silicone gels are increasingly being employed in the healthcare industry for various medical applications, which range from very soft gels for prosthetic and implant applications, to very gluey gels for topical and transdermal wound upkeep applications. Silicone gels find use to help thwart scars in freshly healed wounds and also reduce protuberant immature scars.

    Medical Grade Silicone Market - Snapshot

    Growth

    7.2% for the next five years

    Major Application Type

    Prosthetics and the orthopedic

    Region with the highest demand

    Asia-Pacific

    Key Players

    DOW Corning Corporation, Wacker Chemie AG, The 3M Company, Shin-Etsu Chemical Co. Ltd., Nusil Technology LLC, Henkel AG & Co., Momentive Performance Materials Inc., Specialty Silicone Fabricators, Inc., Wynca Group, and Primasil Silicones Limited.

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    Market Share Analysis

    Medical Grade Silicone Market Share: By Application Type

    Based on the application type, the market is segmented as prosthetics, orthopedic components, medical devices, medical tapes, contact lenses, and others. The prosthetics and the orthopedic segments are the largest and the fastest-growing segments, owing to their remarkable properties, such as flexibility, elasticity, and elevated-thermal stability.

    Medical Grade Silicone Market Share: By Region

    In terms of regions, Asia-Pacific is expected to dominate the medical grade silicone market in the coming five years. China and India are the growth engines of the region. The market is driven by the growing awareness about healthcare and the growth in prosthetics and orthopedic applications. North America and Europe are also expected to offer sizeable growth opportunities during the forecast period.

    Medical Grade Silicone Market: Key Players

    Some of the medical grade silicone manufacturers are DOW Corning Corporation, Wacker Chemie AG, The 3M Company, Shin-Etsu Chemical Co. Ltd., Nusil Technology LLC, Henkel AG & Co., Momentive Performance Materials Inc., Specialty Silicone Fabricators, Inc., Wynca Group, and Primasil Silicones Limited.

     

    Market Scope & segmentation

    Medical Grade Silicone is a silicone type that is biocompatibility tested and is used in a number of medical applications.

    Medical Grade Silicone is available in different forms such as gels, medical adhesives, elastomers, and many others. Prosthetics, medical devices, medical tapes, and other are the application options where medical grade silicone is used.

    This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

    Medical Grade Silicone Market Report - Features

    Market Segmentation

    3

    Regions Covered

    4

    Countries/Sub-Regions Covered

    15

    No. of Figures & Tables

    >150

    Company Profiles

    10

     

    The medical grade silicone market is segmented into the following categories. 

    Medical Grade Silicone Market Size, Share & Forecast, by Form Type:

    • Gels
      • (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
      • (Form Type Analysis: Soft Skin Adhesives (SSAS))
    • Medical Adhesives
      • (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
      • (Form Type Analysis: Pressure Sensitive Adhesives (PSAS))
    • Medical Coatings
      • (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
      • (Form Type Analysis: Hydrophilic and Hydrophobic)
    • Elastomers
      • (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
      • (Form Type Analysis: Liquid Silicone Rubber (LSR) and High Consistency Rubber (HCR))
    • Others
      • (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
      • (Form Type Analysis: Apis, Excipients, Foams, Emulsions, Dispersions, and Others)

    Medical Grade Silicone Market Size, Share & Forecast, by Application Type:

    • Prosthetics
      • (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
      • (Application Type Analysis: Limbs and Implants)
    • Orthopedic Components (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Medical Devices
      • (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
      • (Application Type Analysis: Medical Electronics, Device Assemblies & Fittings, Medical Tubes, Medical Rings and Gaskets, Catheters, and Miscellaneous Accessories)
    • Medical Tapes
      • (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
      • (Application Type Analysis: Wound Care, Drug Delivery, Personal Hygiene, and Component Joining)
    • Contact Lenses (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Others
      • (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
      • (Application Type Analysis: Topical Gels, Surgical Drapes, and Oral Care Products)

    Medical Grade Silicone Market Size, Share & Forecast, by Region:

    • North America (Country Analysis: the USA, Canada, and Mexico) 
    • Europe (Country Analysis: Germany, France, the UK, Russia, and Rest of Europe)
    • Asia-Pacific (Country Analysis: China, Japan, India, and Rest of Asia-Pacific)
    • Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)

     

    Research Methodology

    This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both the qualitative and quantitative insights.

     

    Report Features

    This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:

    • Market structure: Overview, industry life cycle analysis, supply chain analysis
    • Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
    • Market trend and forecast analysis
    • Market segment trend and forecast
    • Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
    • Attractive market segments and associated growth opportunities
    • Emerging trends
    • Strategic growth opportunities for the existing and new players
    • Key success factors

     

    Report Customization Options

    With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

    Company Profiling

    • Detailed profiling of additional market players (up to 3 players)
    • SWOT analysis of key players (up to 3 players)

    Market Segmentation

    • Current market segmentation of any one of the form types by application type.  

    Competitive Benchmarking

    • Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances

    Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at [email protected]


    General Frequently Asked Questions (FAQs)

    What is Medical Grade Silicone?

    Medical Grade Silicone is a silicone type that is biocompatibility tested and is used in a number of medical applications. Medical Grade Silicone is available in different forms such as gels, medical adhesives, elastomers, and many others. Prosthetics, medical devices, medical tapes, and others are the application options where medical grade silicone is used.

    What will be the CAGR of the Medical Grade Silicone Market?

    Medical Grade Silicone Market is likely to witness an impressive CAGR of 7.2% during the forecast period. Growing healthcare industry and the fast-growing prosthetics and orthopedic applications drive the medical grade silicone market globally.

    Which country/region is expected to remain the largest Medical Grade Silicone Market?

    In terms of regions, Asia-Pacific is expected to dominate the medical grade silicone market in the coming five years.

    Who are the key players in the Medical Grade Silicone Market?

    Some of the medical grade silicone manufacturers are DOW Corning Corporation, Wacker Chemie AG, The 3M Company, Shin-Etsu Chemical Co. Ltd., Nusil Technology LLC, Henkel AG & Co., Momentive Performance Materials Inc., Specialty Silicone Fabricators, Inc., Wynca Group, and Primasil Silicones Limited.

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