Medical Grade Silicone Market
Medical Grade Silicone Market Study by Gels, Adhesives, Coatings, and Liquid Silicone Rubbers for Prosthetics, Orthopaedic Components, Medical Tapes, and Medical Devices from 2023 to 2033
Analysis of Medical Grade Silicone Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Medical Grade Silicone Market Outlook (2023 to 2033)
Based on the analysis by Fact.MR, the global medical-grade silicone market is estimated to be valued at US$ 2.0 billion in 2023 and it is expected to grow at a CAGR of 5.8% to reach US$ 3.5 billion by the end of 2033.
Silicone, a certified polymer widely used in the medical sector, is playing a pivotal role in the production of diverse medical devices. Its remarkable properties, including sustainability, durability, and longevity, are driving its high adoption within the medical industry. Growing requirements from sectors such as scuba gear manufacturing and baby bottle production are expected to further bolster the market growth of medical-grade silicone.
| Report Attributes | Details |
|---|---|
| Medical Grade Silicone Market Size (2022A) | US$ 1.9 Billion |
| Estimated Market Value (2023E) | US$ 2.0 Billion |
| Forecasted Market Value (2033F) | US$ 3.5 Billion |
| Global Market Growth Rate (2023 to 2033) | 5.8% CAGR |
| United States Market Growth Rate (2023 to 2033) | 5.6% CAGR |
| Key Companies Profiled | 3M; Avantor; Dow Corning; DuPont; Elkem; Evonik; KCC Group; Momentive Performance Material; Shin-Etsu; Wacker- Chemie |
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Historic and Future Pathway Analysis for the Medical Grade Silicone Market
Medical grade silicone refers to a specialized type of silicone material that is specifically designed and manufactured for use in medical and healthcare applications. It is biocompatible, meaning it is safe for contact with the human body and does not cause adverse reactions. Medical-grade silicone possesses properties such as flexibility, elasticity, softness, and durability. It conforms to the shape of the body, withstands repetitive movements, and provides comfort to patients.
- Short Term (2023 to 2026): Advancements in medical technology and the rising prevalence of chronic diseases are driving the need for innovative medical devices that utilize medical-grade silicone. This includes applications such as prosthetics, catheters, wound dressings, respiratory masks, and surgical instruments. The short-term market growth is fueled by the growing demand for these medical devices
- Medium Term (2026 to 2029): Expansion of healthcare infrastructure and increasing healthcare expenditure in emerging markets contribute to the medium-term market growth of medical-grade silicone. As developing countries invest in improving healthcare facilities and infrastructure, the demand for medical devices and equipment, including those made with medical-grade silicone, is likely to increase.
- Long Term (2029 to 2033): Chronic diseases, such as cardiovascular diseases, diabetes, and orthopedic conditions, are on the rise globally. These conditions often require long-term medical treatments and interventions, including the use of medical devices and implants made with medical-grade silicone. The long-term growth of the medical-grade silicone market is driven by the sustained need for advanced medical solutions to manage and treat these chronic diseases.
On the back of the aforementioned facts, the medical grade silicone market is expected to grow at a CAGR of 5.8% during the forecast period from 2023 to 2033, According to the Fact.MR, a market research and competitive intelligence provider.
Market Dynamics Outlook
“Surging Demand for Medical Grade Silicone in Prosthetic & Orthopedic Applications”
As the global population ages and the incidence of chronic diseases rise, there is a growing need for prosthetic limbs and orthopedic implants that can enhance mobility and improve quality of life. Medical-grade silicone, with its ability to mimic human tissue properties, provides a comfortable fit and natural movement, making it highly suitable for prosthetic limbs and orthopedic applications.
The customization capabilities of medical-grade silicone play a vital role in meeting the specific needs of each patient. Prosthetic sockets are lined with silicone materials that offer cushioning and reduce pressure points, enhancing comfort and preventing skin irritation. Orthopaedic implants, such as joint replacements, are coated with medical grade silicone to promote better integration with surrounding tissues and minimize wear and friction.
Also, the advancements in silicone technology have led to the development of innovative designs and features in prosthetic and orthopedic devices. For instance, silicone-based liners with specialized interfaces provide enhanced suspension and improved control for prosthetic limbs. These innovations, coupled with the superior properties of medical-grade silicone, have propelled its use in the field of prosthetics and orthopedics.
“High Cost of Raw Materials to Stumble the Market Growth of Medical Grade Silicone”
The use of medical-grade silicone is essential in various medical applications, including implants, prosthetics, medical devices, and healthcare equipment. However, the production of high-quality medical-grade silicone involves the utilization of specialized raw materials that comply with stringent regulatory standards.
Raw materials, such as silicones, polymers, and additives, often have elevated costs due to their unique properties, purity requirements, and compliance with strict medical regulations. Also, the manufacturing processes involved in producing medical-grade silicone involve complex procedures, further contributing to the overall cost.
High manufacturing costs lead to increased prices for medical devices and implants, making them less accessible and affordable for patients in need. It can also impact the profit margins of manufacturers, limiting their ability to invest in research and development, expand production, or introduce new products to the market.
The high cost of raw materials is likely to stumble the market growth trajectory of the medical grade silicone market.
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Country-wise Insights
What are the Factors Driving Medical Grade Silicone Demand across the U.S.?
The substantial size of the medical industry in the United States is a major driving force behind the market growth of medical-grade silicone. The medical sector encompasses a wide range of healthcare services, including hospitals, clinics, diagnostic laboratories, and medical device manufacturers, all of which heavily rely on medical-grade silicone for various applications.
- It is anticipated that by 2028 the US national healthcare expenditure will reach to US$ 6.2 trillion from US$ 4.3 trillion in 2021.
Silicone materials offer exceptional biocompatibility, durability, and flexibility, making them essential components in the manufacturing of medical devices such as catheters, prosthetics, surgical instruments, and wound care products.
The integration of silicone into advanced medical technologies, such as 3D printing, smart implants, and wearable devices, has opened up new avenues for the application of medical-grade silicone in the medical industry. These emerging technologies are driving innovation and creating opportunities for the development of novel silicone-based medical solutions.
This will contribute to the increasing adoption and market growth of medical-grade silicone in the United States.
Why China’s Medical Grade Silicone Market Is Flourishing?
China's strong manufacturing capabilities and cost advantages have made it an attractive destination for the production of medical-grade silicone. The country has a well-established infrastructure, a skilled workforce, and a robust supply chain, allowing for efficient production and cost-effective manufacturing processes. This has resulted in competitive pricing for medical-grade silicone products, both for domestic consumption and export.
Category-wise Insights
How the Growing Medical Devices Demand Drives the Medical Grade Silicone Market?
The development of innovative medical devices and equipment, such as catheters, wound dressings, respiratory masks, and various surgical instruments, relies heavily on medical-grade silicone. The material's unique properties play a crucial role in improving patient outcomes, enhancing comfort, and reducing the risk of complications. For instance,
- The global medical device industry was valued at over US$ 450 billion in 2022 and is expected to continue its run at a CAGR of more than 5.0% during 2022 to 2032.
As the medical industry expands, the demand for medical-grade silicone is expected to escalate.
How is Rubber Medical Grade Silicone Popularity Driving the Market Growth?
The exceptional biocompatibility of rubber medical grade silicone makes it a preferred choice for medical devices, implants, and components that come into direct contact with the human body. Its compatibility with human tissues minimizes the risk of adverse reactions, ensuring patient safety and comfort. This has led to increased adoption in areas such as prosthetics, catheters, respiratory masks, and dental applications.
Flexibility and durability are other features of rubber medical grade silicone that make it highly suitable for applications that require repeated flexing or movement. It can maintain its physical properties even under extreme conditions, such as temperature variations and exposure to sterilization methods. This makes it an ideal material for products like tubing, seals, gaskets, and valves, which are crucial components in medical equipment and systems. The rubber medical-grade silicone is expected to grow at a CAGR of 6.4% during the forecast period.
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Eminent Player’s Key Stratagems
Leading companies in the medical-grade silicone sector are utilizing various approaches like research and development (R&D) and expanding their production capabilities to foster worldwide market growth.
They are implementing inorganic tactics, such as collaboration and mergers & acquisitions, to enhance their production capacity and establish a foothold in untapped markets. These strategies play a vital role in enabling companies to stay ahead of the competition, meet evolving customer requirements, and take advantage of emerging prospects.
For example :
- In 2021, 3M launched a new 3M silicone adhesive to improve medical devices intended for people with fragile skin. The company launched a new class of silicone adhesives that balances strength, flexibility, and comfort.
- In 2021, DuPont increased research and development spending to around US$ 618 million. The company’s goal is to gain 30% of its sales from new products and 25% from existing products
- In 2021, Elkem announced a strategic investment plan to unlock new specialty silicone supply for customers in Europe, the Middle East and Africa (EMEA) and the Americas. The company will invest around US$ 39.0 Mn to upgrade its silicone upstream plant in Roussillon, France
- In 2021, Momentive Performance Material announced acquisition of KCC Corporation’s Silicone business, to strengthen its global capabilities in advanced silicone based products.
Fact.MR has provided detailed information about the price points of key manufacturers of medical grade silicone positioned across regions, sales growth, production capacity, and speculative technological expansion, in the recently published report.
Segmentation of Medical Grade Silicone Industry Research
-
By Product Type:
- Rubber
- Liquid Silicone Rubber (LSR)
- High Consistency Rubber (HCR)
- Flurosilicone Silicone Rubber (FSR)
- Room Temperature Vulcanize (RTV)
- Adhesives
- Gels
- Fluids
- Rubber
-
By Application:
- Implants Manufacturing
- Device Component Production
- Medical Tape Production
- Menstrual Cups & Discs Production
- Scuba Gear Manufacturing
- Baby Bottle Production
- Others
-
By Region:
- North America
- Latin America
- Europe
- East Asia
- South Asia & Oceania
- Middle East & Africa
Table of Content
- 1. Market - Executive Summary
- 2. Market Overview
- 3. Market Background and Foundation Data
- 4. Global Demand (Kilo Tons) Analysis and Forecast
- 5. Global Market - Pricing Analysis
- 6. Global Market Value (US$ million) Analysis and Forecast
- 7. Global Market Analysis and Forecast, By Product Type
- 7.1. Rubber
- 7.1.1. Liquid Silicone Rubber (LSR)
- 7.1.2. High Consistency Rubber (HCR)
- 7.1.3. Flurosilicone Silicone Rubber (FSR)
- 7.1.4. Room Temperature Vulcanize (RTV)
- 7.2. Adhesives
- 7.3. Gels
- 7.4. Fluids
- 7.1. Rubber
- 8. Global Market Analysis and Forecast, By Application
- 8.1. Implants Manufacturing
- 8.2. Device Component Production
- 8.3. Medical Tape Production
- 8.4. Menstrual Cups & Discs Production
- 8.5. Scuba Gear Manufacturing
- 8.6. Baby Bottle Production
- 8.7. Others
- 9. Global Market Analysis and Forecast, By Region
- 9.1. North America
- 9.2. Latin America
- 9.3. Europe
- 9.4. East Asia
- 9.5. South Asia & Oceania
- 9.6. Middle East & Africa
- 10. North America Market Analysis and Forecast
- 11. Latin America Market Analysis and Forecast
- 12. Europe Market Analysis and Forecast
- 13. East Asia Market Analysis and Forecast
- 14. South Asia & Oceania Market Analysis and Forecast
- 15. Middle East & Africa Market Analysis and Forecast
- 16. Country-level Market Analysis and Forecast
- 17. Market Structure Analysis
- 18. Competition Analysis
- 18.1. 3M
- 18.2. Avantor
- 18.3. Dow Corning
- 18.4. DuPont
- 18.5. Elkem
- 18.6. Evonik
- 18.7. KCC Corp
- 18.8. Momentive Performance Material
- 18.9. Shin-Etsu
- 18.10. Wacker-Chemie
- 18.11. Other Prominent Players
- 19. Assumptions & Acronyms Used
- 20. Research Methodology
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List Of Table
Table 01. Global Market Value (US$ million), By Region, 2018 to 2022
Table 02. Global Market Value (US$ million) and Forecast By Region, 2023 to 2033
Table 03. Global Market Volume (Kilo Tons), By Region, 2018 to 2022
Table 04. Global Market Volume (Kilo Tons) and Forecast By Region, 2023 to 2033
Table 05. Global Market Value (US$ million), By Product Type, 2018 to 2022
Table 06. Global Market Value (US$ million) and Forecast By Product Type, 2023 to 2033
Table 07. Global Market Volume (Kilo Tons), By Product Type, 2018 to 2022
Table 08. Global Market Volume (Kilo Tons) and Forecast By Product Type, 2023 to 2033
Table 09. Global Market Value (US$ million), By Application, 2018 to 2022
Table 10. Global Market Value (US$ million) and Forecast By Application, 2023 to 2033
Table 11. Global Market Volume (Kilo Tons), By Application, 2018 to 2022
Table 12. Global Market Volume (Kilo Tons) and Forecast By Application, 2023 to 2033
Table 13. North America Market Value (US$ million), By Country, 2018 to 2022
Table 14. North America Market Value (US$ million) and Forecast By Country, 2023 to 2033
Table 15. North America Market Volume (Kilo Tons), By Country, 2018 to 2022
Table 16. North America Market Volume (Kilo Tons) and Forecast By Country, 2023 to 2033
Table 17. North America Market Value (US$ million), By Product Type, 2018 to 2022
Table 18. North America Market Value (US$ million) and Forecast By Product Type, 2023 to 2033
Table 19. North America Market Volume (Kilo Tons), By Product Type, 2018 to 2022
Table 20. North America Market Volume (Kilo Tons) and Forecast By Product Type, 2023 to 2033
Table 21. North America Market Value (US$ million), By Application, 2018 to 2022
Table 22. North America Market Value (US$ million) and Forecast By Application, 2023 to 2033
Table 23. North America Market Volume (Kilo Tons), By Application, 2018 to 2022
Table 24. North America Market Volume (Kilo Tons) and Forecast By Application, 2023 to 2033
Table 25. Latin America Market Value (US$ million), By Country, 2018 to 2022
Table 26. Latin America Market Value (US$ million) and Forecast By Country, 2023 to 2033
Table 27. Latin America Market Volume (Kilo Tons), By Country, 2018 to 2022
Table 28. Latin America Market Volume (Kilo Tons) and Forecast By Country, 2023 to 2033
Table 29. Latin America Market Value (US$ million), By Product Type, 2018 to 2022
Table 30. Latin America Market Value (US$ million) and Forecast By Product Type, 2023 to 2033
Table 31. Latin America Market Volume (Kilo Tons), By Product Type, 2018 to 2022
Table 32. Latin America Market Volume (Kilo Tons) and Forecast By Product Type, 2023 to 2033
Table 33. Latin America Market Value (US$ million), By Application, 2018 to 2022
Table 34. Latin America Market Value (US$ million) and Forecast By Application, 2023 to 2033
Table 35. Latin America Market Volume (Kilo Tons), By Application, 2018 to 2022
Table 36. Latin America Market Volume (Kilo Tons) and Forecast By Application, 2023 to 2033
Table 37. Europe Market Value (US$ million), By Country, 2018 to 2022
Table 38. Europe Market Value (US$ million) and Forecast By Country, 2023 to 2033
Table 39. Europe Market Volume (Kilo Tons), By Country, 2018 to 2022
Table 40. Europe Market Volume (Kilo Tons) and Forecast By Country, 2023 to 2033
Table 41. Europe Market Value (US$ million), By Product Type, 2018 to 2022
Table 42. Europe Market Value (US$ million) and Forecast By Product Type, 2023 to 2033
Table 43. Europe Market Volume (Kilo Tons), By Product Type, 2018 to 2022
Table 44. Europe Market Volume (Kilo Tons) and Forecast By Product Type, 2023 to 2033
Table 45. Europe Market Value (US$ million), By Application, 2018 to 2022
Table 46. Europe Market Value (US$ million) and Forecast By Application, 2023 to 2033
Table 47. Europe Market Volume (Kilo Tons), By Application, 2018 to 2022
Table 48. Europe Market Volume (Kilo Tons) and Forecast By Application, 2023 to 2033
Table 49. East Asia Market Value (US$ million), By Country, 2018 to 2022
Table 50. East Asia Market Value (US$ million) and Forecast By Country, 2023 to 2033
Table 51. East Asia Market Volume (Kilo Tons), By Country, 2018 to 2022
Table 52. East Asia Market Volume (Kilo Tons) and Forecast By Country, 2023 to 2033
Table 53. East Asia Market Value (US$ million), By Product Type, 2018 to 2022
Table 54. East Asia Market Value (US$ million) and Forecast By Product Type, 2023 to 2033
Table 55. East Asia Market Volume (Kilo Tons), By Product Type, 2018 to 2022
Table 56. East Asia Market Volume (Kilo Tons) and Forecast By Product Type, 2023 to 2033
Table 57. East Asia Market Value (US$ million), By Application, 2018 to 2022
Table 58. East Asia Market Value (US$ million) and Forecast By Application, 2023 to 2033
Table 59. East Asia Market Volume (Kilo Tons), By Application, 2018 to 2022
Table 60. East Asia Market Volume (Kilo Tons) and Forecast By Application, 2023 to 2033
Table 61. South Asia & Oceania Market Value (US$ million), By Country, 2018 to 2022
Table 62. South Asia & Oceania Market Value (US$ million) and Forecast By Country, 2023 to 2033
Table 63. South Asia & Oceania Market Volume (Kilo Tons), By Country, 2018 to 2022
Table 64. South Asia & Oceania Market Volume (Kilo Tons) and Forecast By Country, 2023 to 2033
Table 65. South Asia & Oceania Market Value (US$ million), By Product Type, 2018 to 2022
Table 66. South Asia & Oceania Market Value (US$ million) and Forecast By Product Type, 2023 to 2033
Table 67. South Asia & Oceania Market Volume (Kilo Tons), By Product Type, 2018 to 2022
Table 68. South Asia & Oceania Market Volume (Kilo Tons) and Forecast By Product Type, 2023 to 2033
Table 69. South Asia & Oceania Market Value (US$ million), By Application, 2018 to 2022
Table 70. South Asia & Oceania Market Value (US$ million) and Forecast By Application, 2023 to 2033
Table 71. South Asia & Oceania Market Volume (Kilo Tons), By Application, 2018 to 2022
Table 72. South Asia & Oceania Market Volume (Kilo Tons) and Forecast By Application, 2023 to 2033
Table 73. MEA Market Value (US$ million), By Country, 2018 to 2022
Table 74. MEA Market Value (US$ million) and Forecast By Country, 2023 to 2033
Table 75. MEA Market Volume (Kilo Tons), By Country, 2018 to 2022
Table 76. MEA Market Volume (Kilo Tons) and Forecast By Country, 2023 to 2033
Table 77. MEA Market Value (US$ million), By Product Type, 2018 to 2022
Table 78. MEA Market Value (US$ million) and Forecast By Product Type, 2023 to 2033
Table 79. MEA Market Volume (Kilo Tons), By Product Type, 2018 to 2022
Table 80. MEA Market Volume (Kilo Tons) and Forecast By Product Type, 2023 to 2033
Table 81. MEA Market Value (US$ million), By Application, 2018 to 2022
Table 82. MEA Market Value (US$ million) and Forecast By Application, 2023 to 2033
Table 83. MEA Market Volume (Kilo Tons), By Application, 2018 to 2022
Table 84. MEA Market Volume (Kilo Tons) and Forecast By Application, 2023 to 2033
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List Of Figures
Figure 01. Global Market Value (US$ million) and Volume (Kilo Tons) Forecast, 2023 to 2033
Figure 02. Global Market Absolute $ Opportunity (US$ million), 2023 to 2033
Figure 03. Global Market Value (US$ million) and Volume (Kilo Tons) By Region, 2023 & 2033
Figure 04. Global Market Y-o-Y Growth Rate By Region, 2023 to 2033
Figure 05. Global Market Value (US$ million) and Volume (Kilo Tons) By Product Type, 2023 & 2033
Figure 06. Global Market Y-o-Y Growth Rate By Product Type, 2023 to 2033
Figure 07. Global Market Value (US$ million) and Volume (Kilo Tons) By Application, 2023 & 2033
Figure 08. Global Market Y-o-Y Growth Rate By Application, 2023 to 2033
Figure 09. North America Market Value (US$ million) and Volume (Kilo Tons) Forecast, 2023 to 2033
Figure 10. North America Market Absolute $ Opportunity (US$ million), 2023 to 2033
Figure 11. North America Market Value (US$ million) and Volume (Kilo Tons) By Country, 2023 & 2033
Figure 12. North America Market Y-o-Y Growth Rate By Country, 2023 to 2033
Figure 13. North America Market Value (US$ million) and Volume (Kilo Tons) By Product Type, 2023 & 2033
Figure 14. North America Market Y-o-Y Growth Rate By Product Type, 2023 to 2033
Figure 15. North America Market Value (US$ million) and Volume (Kilo Tons) By Application, 2023 & 2033
Figure 16. North America Market Y-o-Y Growth Rate By Application, 2023 to 2033
Figure 17. North America Market Attractiveness Analysis By Country, 2023 to 2033
Figure 18. North America Market Attractiveness Analysis By Product Type, 2023 to 2033
Figure 19. North America Market Attractiveness Analysis By Application, 2023 to 2033
Figure 20. Latin America Market Value (US$ million) and Volume (Kilo Tons) Forecast, 2023 to 2033
Figure 21. Latin America Market Absolute $ Opportunity (US$ million), 2023 to 2033
Figure 22. Latin America Market Value (US$ million) and Volume (Kilo Tons) By Country, 2023 & 2033
Figure 23. Latin America Market Y-o-Y Growth Rate By Country, 2023 to 2033
Figure 24. Latin America Market Value (US$ million) and Volume (Kilo Tons) By Product Type, 2023 & 2033
Figure 25. Latin America Market Y-o-Y Growth Rate By Product Type, 2023 to 2033
Figure 26. Latin America Market Value (US$ million) and Volume (Kilo Tons) By Application, 2023 & 2033
Figure 27. Latin America Market Y-o-Y Growth Rate By Application, 2023 to 2033
Figure 28. Latin America Market Attractiveness Analysis By Country, 2023 to 2033
Figure 29. Latin America Market Attractiveness Analysis By Product Type, 2023 to 2033
Figure 30. Latin America Market Attractiveness Analysis By Application, 2023 to 2033
Figure 31. Europe Market Value (US$ million) and Volume (Kilo Tons) Forecast, 2023 to 2033
Figure 32. Europe Market Absolute $ Opportunity (US$ million), 2023 to 2033
Figure 33. Europe Market Value (US$ million) and Volume (Kilo Tons) By Country, 2023 & 2033
Figure 34. Europe Market Y-o-Y Growth Rate By Country, 2023 to 2033
Figure 35. Europe Market Value (US$ million) and Volume (Kilo Tons) By Product Type, 2023 & 2033
Figure 36. Europe Market Y-o-Y Growth Rate By Product Type, 2023 to 2033
Figure 37. Europe Market Value (US$ million) and Volume (Kilo Tons) By Application, 2023 & 2033
Figure 38. Europe Market Y-o-Y Growth Rate By Application, 2023 to 2033
Figure 39. Europe Market Attractiveness Analysis By Country, 2023 to 2033
Figure 40. Europe Market Attractiveness Analysis By Product Type, 2023 to 2033
Figure 41. Europe Market Attractiveness Analysis By Application, 2023 to 2033
Figure 42. East Asia Market Value (US$ million) and Volume (Kilo Tons) Forecast, 2023 to 2033
Figure 43. East Asia Market Absolute $ Opportunity (US$ million), 2023 to 2033
Figure 44. East Asia Market Value (US$ million) and Volume (Kilo Tons) By Country, 2023 & 2033
Figure 45. East Asia Market Y-o-Y Growth Rate By Country, 2023 to 2033
Figure 46. East Asia Market Value (US$ million) and Volume (Kilo Tons) By Product Type, 2023 & 2033
Figure 47. East Asia Market Y-o-Y Growth Rate By Product Type, 2023 to 2033
Figure 48. East Asia Market Value (US$ million) and Volume (Kilo Tons) By Application, 2023 & 2033
Figure 49. East Asia Market Y-o-Y Growth Rate By Application, 2023 to 2033
Figure 50. East Asia Market Attractiveness Analysis By Country, 2023 to 2033
Figure 51. East Asia Market Attractiveness Analysis By Product Type, 2023 to 2033
Figure 52. East Asia Market Attractiveness Analysis By Application, 2023 to 2033
Figure 53. South Asia & Oceania Market Value (US$ million) and Volume (Kilo Tons) Forecast, 2023 to 2033
Figure 54. South Asia & Oceania Market Absolute $ Opportunity (US$ million), 2023 to 2033
Figure 55. South Asia & Oceania Market Value (US$ million) and Volume (Kilo Tons) By Country, 2023 & 2033
Figure 56. South Asia & Oceania Market Y-o-Y Growth Rate By Country, 2023 to 2033
Figure 57. South Asia & Oceania Market Value (US$ million) and Volume (Kilo Tons) By Product Type, 2023 & 2033
Figure 58. South Asia & Oceania Market Y-o-Y Growth Rate By Product Type, 2023 to 2033
Figure 59. South Asia & Oceania Market Value (US$ million) and Volume (Kilo Tons) By Application, 2023 & 2033
Figure 60. South Asia & Oceania Market Y-o-Y Growth Rate By Application, 2023 to 2033
Figure 61. South Asia & Oceania Market Attractiveness Analysis By Country, 2023 to 2033
Figure 62. South Asia & Oceania Market Attractiveness Analysis By Product Type, 2023 to 2033
Figure 63. South Asia & Oceania Market Attractiveness Analysis By Application, 2023 to 2033
Figure 64. MEA Market Value (US$ million) and Volume (Kilo Tons) Forecast, 2023 to 2033
Figure 65. MEA Market Absolute $ Opportunity (US$ million), 2023 to 2033
Figure 66. MEA Market Value (US$ million) and Volume (Kilo Tons) By Country, 2023 & 2033
Figure 67. MEA Market Y-o-Y Growth Rate By Country, 2023 to 2033
Figure 68. MEA Market Value (US$ million) and Volume (Kilo Tons) By Product Type, 2023 & 2033
Figure 69. MEA Market Y-o-Y Growth Rate By Product Type, 2023 to 2033
Figure 70. MEA Market Value (US$ million) and Volume (Kilo Tons) By Application, 2023 & 2033
Figure 71. MEA Market Y-o-Y Growth Rate By Application, 2023 to 2033
Figure 72. MEA Market Attractiveness Analysis By Country, 2023 to 2033
Figure 73. MEA Market Attractiveness Analysis By Product Type, 2023 to 2033
Figure 74. MEA Market Attractiveness Analysis By Application, 2023 to 2033
Know thy Competitors
Competitive landscape highlights only certain players
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- FAQs -
What is the Global Medical Grade Silicone Market Size Reported by Fact.MR for 2023?
The global medical-grade silicone market is estimated to be valued at US$ 2.0 billion in 2023.
What are the Regions Included in the Medical Grade Silicone Market Study?
The regions included in the medical grade silicone market study include North America, Latin America, Middle East & Africa, South Asia & Oceania, East Asia, and Europe.
Who are the Major Players Operating in the Medical Grade Silicone Market?
Prominent players in the market 3M, Avantor, Dow Corning, DuPont, Elkem, Evonik, KCC Group, Momentive Performance Material, Shin-Etsu and Wacker-Chemie
What is the Estimated Valuation of the Medical Grade Silicone Market in 2033?
The market is expected to reach a valuation of US$ 3.5 billion in 2033.
What Value CAGR did the Medical Grade Silicone Market Exhibit Over the Last Five Years?
The historic growth rate of the medical-grade silicone market was 4.5% from 2018-2022.
Medical Grade Silicone Market