Global Analysis on Medical Grade Silicone - Industry Size, Share, Growth, Trends, and Forecast 2016 – 2024
"Medical
Grade Silicone Market - Global Industry Analysis, Size, Share,
Growth, Trends, and Forecast 2016 - 2024"
The Report covers current Industries Trends, Worldwide Analysis,
Global Forecast, Review, Share, Size, Growth, Effect.
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Description-
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Global
Medical Grade Silicone Market: General Description
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. Medical Grade Silicone
include instruments with critical functions such as defibrillators,
heart pumps, and surgical reconstructive components which employ the
biocompatible and hydrophobic properties of silicone. It has gained
widespread acceptance because of its negligible levels of toxicity
and low risk of unfavorable biological reactions. Liquid silicone
rubber is a highly common variety owing to its high bacterial and
chemical resistance, excellent transparency, gas permeability,
clarity, elongation feature, superior dielectric strength, high
tensile strength, and ability to function in extreme temperatures.
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The
report offers a comprehensive evaluation of the global medical grade
silicone market. It does so via in-depth qualitative insights,
historical data, and verifiable projections about market size. The
projections featured in the report have been derived using proven
research methodologies and assumptions. By doing so, the research
report serves as a repository of analysis and information for every
facet of the global medical grade silicone market, including but not
limited to: Regional markets, technology, types, and applications.
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Global Medical Grade
Silicone Market: Drivers and Restraints
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. Lifestyle shifts and
changing concepts of beauty resulting in the rising incidence of
cosmetic and plastic surgeries are considered to be significant
drivers of the global medical grade silicone market. Modern food
habits often associated with cardiovascular diseases play a role as
well in the growth of the global medical grade silicone market.
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Global Medical Grade
Silicone Market: Key Segments
In terms of products, medical grade silicone is
divided into four categories: gels, medical adhesives, medical
coatings (hydrophilic or hydrophobic), and liquid silicone rubbers.
Based on application, the four segments of the medical grade silicone
market are: prosthetics, orthopedic components, medical devices, and
medical tapes. The former two are major applications, whereas the
latter two could be further distributed into the following
sub-segments: medical electronics and device assemblies, medical
tubes, catheters, medical rings and gaskets, and miscellaneous
accessories such as drugs, gels, and oral care products; and wound
care, drug delivery, personal hygiene, and component joining,
respectively. In terms of molding processes, the segments are liquid
injection molding, transfer molding, compression molding,
micro-molding, silicone to metal bonding, and silicone infused with
desiccant molding.
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Global Medical Grade
Silicone Market: Regional Analysis
The global medical grade silicone market has shown
a significant growth in 2015 and is expected to exhibit the same
trend during the forecast period. Asia Pacific is projected to be a
rapidly expanding market of medical grade silicone due to
applications such as prefilled syringes, prosthetics, surgical
implants, catheters, and medical tapes. North America and Europe are
major consumers thanks to the technological advancements and mounting
health concerns in these regions. The developmental activities in
Latin America and Middle East & Africa make them emerging regions
in the global medical grade silicone market.
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Global Medical Grade
Silicone Market: Companies Mentioned in the Report
Key players in the global medical grade silicone
market include Dow Corning, Wacker Chemie AG, Shin-Etsu Chemical Co.,
Ltd., Bluestar Silicones, 3M Company, Nusil Technology Llc, and
Applied Silicone Corporation.
The report offers a comprehensive evaluation of
the market. It does so via in-depth qualitative insights, historical
data, and verifiable projections about market size. The projections
featured in the report have been derived using proven research
methodologies and assumptions. By doing so, the research report
serves as a repository of analysis and information for every facet of
the market, including but not limited to: Regional markets,
technology, types, and applications.
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The study is a source of
reliable data on:
- Market segments and sub-segments
- Market trends and dynamics
- Supply and demand
- Market size
- Current trends/opportunities/challenges
- Competitive landscape
- Technological breakthroughs
- Value chain and stakeholder analysis
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The regional analysis
covers:
- North America (U.S. and Canada)
- Latin America (Mexico, Brazil, Peru, Chile, and others)
- Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
- Eastern Europe (Poland and Russia)
- Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
- Middle East and Africa (GCC, Southern Africa, and North Africa)
The report has been compiled through extensive
primary research (through interviews, surveys, and observations of
seasoned analysts) and secondary research (which entails reputable
paid sources, trade journals, and industry body databases). The
report also features a complete qualitative and quantitative
assessment by analyzing data gathered from industry analysts and
market participants across key points in the industry’s value
chain.
A separate analysis of prevailing trends in the
parent market, macro- and micro-economic indicators, and regulations
and mandates is included under the purview of the study. By doing so,
the report projects the attractiveness of each major segment over the
forecast period.
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Highlights of the
report:
- A complete backdrop analysis, which includes an assessment of the parent market
- Important changes in market dynamics
- Market segmentation up to the second or third level
- Historical, current, and projected size of the market from the standpoint of both value and volume
- Reporting and evaluation of recent industry developments
- Market shares and strategies of key players
- Emerging niche segments and regional markets
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