Medical Grade Silicone Market Projected to Reach at $1600 million by 2022


Posted December 15, 2018 by bhaktidi12

Global Medical Grade Silicone Market Report 2018 explores future trends for supply, demand and market growth rate, market size, prices, trading, competition and value chain

 
Global Medical Grade Silicone Market Overview:

According to Market Analyst, Global Medical Grade Silicone Market is projected to grow at a healthy growth rate from 2018 to 2022.

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With the slowdown in world economic growth, the Medical Grade Silicone industry has also suffered a certain impact, but still maintained a relatively optimistic growth, the past four years, Medical Grade Silicone market size to maintain the average annual growth rate of 6.15% from 995 million $ in 2014 to 1190 million $ in 2017, Market analysts believe that in the next few years, Medical Grade Silicone market size will be further expanded, we expect that by 2022, The market size of the Medical Grade Silicone will reach 1600 million $.

Medical grade silicone is used in implantable and disposable medical devices which require high performance and safety standards when in contact with the human body. The growing need for disposable devices has led to an increased demand for medical grade silicone. Liquid rubber silicone, for instance, is utilized in sealing membranes, electric connectors, seals, and infant care products such as bottle nipples, besides several other medical applications. Modern food habits often associated with cardiovascular diseases play a role as well in the growth of the global medical grade silicone market.

The Global Medical Grade Silicone Market can be segmented into Type, Application and geography. On the Basis of Type, Market can be segmented into Gels, Medical Adhesives, Medical Coatings, Liquid Silicone Rubbers, Others. Silicone gel is increasingly being used in various medical applications which range from very soft gels for prosthetic and implant applications, to very sticky gels for topical and transdermal wound care applications.

On the Basis of Application, Market is sub segmented into Prosthetics (limbs & implants), Orthopedic Components , Medical Devices, Medical Tapes, Others. The prosthetics and orthopedics segment is witnessing new technological developments such as CAD/CAM dentistry that is used to improve the design and creation of dental restorations especially dental prostheses, including crowns, crown lays, veneers, and orthodontic appliances.

Regionally, North America is the worlds largest consumer of medical grade silicones and is expected to continue to experience high growth, in terms of value and volume.

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The Market is segmented and projected on the basis of major key player’s:

1 Dow Corning Corporation

2 Wacker Chemie Ag

3 3M Company

4 Shin-Etsu Chemical Co. Ltd.

5 Bluestar Silicones (Elkem Group)

6 Nusil Technology Llc

7 Henkel Ag & Co.

8 Momentive Performance Materials Inc.

9 Specialty Silicone Fabricators, Inc.

10 Zodiac Coating

11 Royal Dsm

12 Wynca Group

The Market is segmented and projected on the basis of major Region Segmentation

1 North America Country (United States, Canada)

2 South America

3 Asia Country (China, Japan, India, Korea)

4 Europe Country (Germany, UK, France, Italy)

5 Other Country (Middle East, Africa, GCC)

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Key Questions Answered in this Report:

1 What will the market size be in 2022?

2 What is driving this market??

3 What are the challenges to market growth?

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

5 What are the market opportunities and threats faced by the key players?

TABLE OF CONTENTS

1 Industry Overview of Medical Grade Silicone

2 Global Medical Grade Silicone Competition Analysis by Players

3 Company (Top Players) Profiles

4 Global Medical Grade Silicone Market Size by Type and Application (2013-2018)

5 North America Medical Grade Silicone Development Status and Outlook

6 Europe Medical Grade Silicone Development Status and Outlook

7 China Medical Grade Silicone Development Status and Outlook

8 Rest of Asia Pacific Medical Grade Silicone Development Status and Outlook

9 Central & South America Medical Grade Silicone Development Status and Outlook

10 Middle East & Africa Medical Grade Silicone Development Status and Outlook

11 Market Forecast by Regions, Type and Application (2018-2022)

12 Medical Grade Silicone Market Dynamics

13 Market Effect Factors Analysis

14 Research Finding/Conclusion

15 Appendix

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Issued By https://www.businessindustryreports.com/
Country India
Categories Medical
Tags global medical grade silicone market , medical grade silicone
Last Updated December 15, 2018