Pune, India -- (SBWire) -- 08/06/2018 --Global Medical Grade Silicone Market report provides key information about the industry, including invaluable facts and figures, expert opinions and the emerging technology across the globe. Medical Grade Silicone industry Report also calculate the market size, the report considers the revenue generated from the sales of This Report and technologies by various application segments.
Secondly the study, besides estimating the Medical Grade Silicone market potential till 2025, analyses on who can be the market leaders and what partnerships would help them to capture the market share. Medical Grade Silicone report gives an overview about the dynamics of the market, by discussing various aspects such as drivers, restraints, Porter's 5 forces, value chain, customer acceptance and investment scenario.
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Global Medical Grade Silicone Market is expected to reach USD 1.85 billion by 2025, from USD 1.15 billion in 2017 growing at a CAGR of 6.3% during the forecast period of 2018 to 2025. The upcoming market report contains data for historic years 2015 & 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.
Major Market Competitors/Players:
- DOW Corning Corporation,
- Wacker Chemie AG,
- 3M,
- Shin-Etsu Chemical Co. Ltd.,
- Bluestar Silicones (Elkem Group),
- Nusil Technology LLC,
- Henkel AG & Co.,
- Momentive Performance Materials Inc.,
- Specialty Silicone Fabricators, Inc.,
- Zodiac Coating,
- Royal DSM,
- Wynca Group,
- Primasil Silicones Limited,
- Donatelle,
- Kibaru Manufacturing Sdn Bhd,
- Albright Technologies,
- FMI LLC, Vesta Inc.,
- Simtec Silicone Parts,
- Shenzhen Kanglibang Science and Technology Co., Ltd.,
- Finesse Medical Ltd.,
- Polymer Science, Inc.,
- Bioplexus,
- Saint-Gobain Performance Plastics, Stockwell Elastomerics Inc.
- Among others
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Competitive Analysis:
Global Medical Grade Silicone Market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of medical grade silicone market for global, Europe, North America, Asia Pacific and South America.
Global Medical Grade Silicone Market, By Form (Gels, Medical Adhesives, Medical Coatings, Elastomers, Others), By Application (Prosthetics, Orthopedic Components, Medical Devices, Medical Tapes, Contact Lenses, Others), By Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa)– Industry Trends and forecast to 2025
Major Market Drivers and Restraints:
- Increasing innovations in implantable medical devices sector
- Improvement of healthcare infrastructure in developing nation
- Higher properties of silicone elastomers
- Use of TPE as an alternative to medical silicone
- Variations in regulations across countries
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Market Segmentation:
- The global medical grade silicone market is segmented based on form, application and geographical segments.
- Based on form, the global medical grade silicone market is segmented into gels, medical adhesives, medical coatings, elastomers and others. Elastomers are further segmented into liquid silicone rubber (LSR) and high consistency rubber (HCR). Medical coatings are further segmented into hydrophilic and hydrophobic.
- On the basis of application, the global medical grade silicone market is classified into prosthetics, orthopedic components, medical devices, medical tapes, contact lenses and others. Medical devices are further segmented into medical electronics, device assemblies & fittings, medical tubes, medical rings and gaskets, catheters and miscellaneous accessories. Medical tapes are further segmented into wound care, drug delivery, personal hygiene and component joining.
- Based on geography, the global medical grade silicone market report covers data points for 28 countries across multiple geographies namely North America & South America, Europe, Asia-Pacific and, Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa and, Brazil among others.
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Medical Grade Silicone Market 2018: Increasing Demand for Centralized Management Boost the Market Growth Projected Till 2025
Global Medical Grade Silicone Market is expected to reach USD 1.85 billion by 2025, from USD 1.15 billion in 2017 growing at a CAGR of 6.3% during the forecast period of 2018 to 2025.