Medical Grade Silicone Market expected to be valued at USD 1.60 Billion by 2022, at a CAGR of 6.1%, during 2017–2022


Posted September 11, 2018 by armaan007

Medical Grade Silicone Market Global Analysis by Top Key Players Focusing on Growth Strategies and Upcoming Trends 2022

 
The Medical Grade Silicone Market is expected to grow from USD 1.10 Billion in 2016 and reach USD 1.60 Billion by 2022, at a CAGR of 6.1% between 2017 and 2022. The main objective of the study is to define, describe, and forecast the medical grade silicone market based on product form and application. The report strategically analyzes the market segments with respect to individual growth trends, growth prospects, and contribution to the total market. In the report, the market size is projected for segments, in terms of value and volume, with respect to five major regions (along with the countries), namely, North America, Europe, Asia Pacific, Middle East & Africa, and Latin America.

Request for free sample PDF: https://www.marketsandmarkets.com/pdfdownload.asp?id=36328567

Medical grade silicones are extremely adaptable to changes in terms of application, property, and state. They can be manufactured with preferred properties, such as rigid solid form to low viscosity liquid form by altering the chain length and chemical structure. Silicone gel is increasingly being used in the healthcare industry in medical applications, ranging from very soft gels for prosthetic and implant applications, to very sticky gels for topical and transdermal wound care applications. Silicone gels are used to help prevent scars in freshly healed wounds and also reduce prominent immature scars.

The medical grade silicone market has been segmented based on different applications such as prosthetics & orthopedic, medical tapes, medical electronics and device assemblies & fittings, medical tubes, catheters, medical accessories & tools, dental, and others. Prosthetics & orthopedic are the largest and fastest-growing application segments for medical grade silicone market. Medical grade silicones are used to manufacture prosthetics due to their physical properties of chemical inertness, thermal & dimensional stability, elasticity, flexibility, and skin-like texture. Medical grade silicone elastomers have been broadly used in the replacement of ailing small joints and other orthopedic components. The first orthopedic medical grade silicone were hand and foot implants.

Major players such as Dow Corning (US), Wacker Chemie AG (Germany), Shin-Etsu Chemical Co., Ltd. (Japan), Momentive (US), Bluestar Silicones (France), 3M Company (US) have adopted development strategies such as expansions, agreements & collaborations, and new product development to achieve growth in the Medical Grade Silicone Market.

Early buyers will receive 10% customization on this report.

For more details: https://www.prnewswire.com/news-releases/medical-grade-silicone-market-worth-160-billion-usd-by-2022-636953733.html

About MarketsandMarkets

MarketsandMarkets is the largest market research firm worldwide in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications.

Contact:
Mr. Rohan
Markets and Markets
UNIT no 802, Tower no. 7, SEZ
Magarpatta city, Hadapsar
Pune, Maharashtra 411013, India
1-888-600-6441
Email: [email protected]
-- END ---
Share Facebook Twitter
Print Friendly and PDF DisclaimerReport Abuse
Contact Email [email protected]
Issued By Marketsandmarkets
Country India
Categories Marketing
Tags medical grade silicone , medical grade silicone applications , medical grade silicone industry , medical grade silicone manufacturers , medical grade silicone market
Last Updated September 11, 2018