Medical Grade Silicone Market 2028 By Form, Application and Geography | The Insight Partners

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Medical Grade Silicone Market Forecast to 2028 - Covid-19 Impact and Global Analysis - by Form (Gels, Medical Adhesives, Medical Coatings, Elastomers, Others); Application (Prosthetics, Orthopedic components, Medical devices, Medical Tapes, Contact lenses, Others) and Geography

Report Code: TIPRE00004867 | No. of Pages: 150 | Category: Chemicals and Materials | Status: Upcoming

MARKET INTRODUCTION


Medical grade silicones are silicones used in medical appliances and are often tested for biocompatibility. They are also used in the tubing, drains, feeding tubes, catheters, seals & gaskets, syringe pistons, and sex toys. The medical grade silicones are grouped into three categories, namely, non-implantable, short, and medium term implantable. Class V and VI approved materials are considered as medical grade. Generally, these medical grade silicones are class VI certified. Medical grade silicones are explicitly designed, manufactured, and purified to meet the precise requirement of the healthcare industry.

Market Dynamics


Rapid shifts in lifestyle and changing concepts of beauty, which gives heat to the incidence of cosmetic and plastic surgeries are significant drivers of global medical grade silicone market. Extensive application of these medical grade silicone in the healthcare and pharmaceutical industry also drives the growth of the market. However, stringent regulatory policies and time-consuming approval process restrain the market. Growing healthcare markets in emerging countries is an opportunity for the growth of the market in the future.

Market Scope


The "Global Medical Grade Silicone Market Analysis to 2028" is a specialized and in-depth study of the chemical and material industry with a special focus on the global market trend analysis. The report aims to provide an overview of the medical grade silicone market with detailed market segmentation by type, application, and geography. The global the medical grade silicone market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading the medical grade silicone players and offers key trends and opportunities in the market.

Market Segmentation


The global medical grade silicone market is segmented on the basis of type, application, and geography. On the basis of type, the market classify into gels, medical adhesives, medical coatings, elastomers and others. The market on the basis of application is bifurcated into prosthetics, orthopedic components, medical devices, medical tapes, contact lenses and others.

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REGIONAL FRAMEWORK


The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the medical grade silicone market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The medical grade silicone market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting medical grade silicone market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the medical grade silicone market in these regions.

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MARKET PLAYERS


The reports cover key developments in the medical grade silicone market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from medical grade silicone market are anticipated to lucrative growth opportunities in the future with the rising demand for medical grade silicone in the global market. Below mentioned is the list of few companies engaged in the medical grade silicone market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the medical grade silicone market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
  • Dow Corning Corporation
  • 3M Company
  • Wacker Chemie AG
  • Shin-Etsu Chemical Co. Ltd.
  • NuSil Technology LLC
  • Henkel AG & Co.
  • Specialty Silicone Fabricators, Inc.
  • Applied Silicone Corporation
  • Zodiac Coating
  • Blue star Silicones
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

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The List of Companies

1. Dow Corning Corporation (US)
2. 3M Company (US)
3. Wacker Chemie AG (Germany)
4. Shin-Etsu Chemical Co. Ltd. (Japan)
5. NuSil Technology LLC (US)
6. Henkel AG and Co. (Germany)
7. Specialty Silicone Fabricators, Inc. (US)
8. Applied Silicone Corporation
9. Zodiac Coating (Germany)
10. Bluestar Silicones
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