Medical Grade Silicone Market 2019 Global Industry Growth, Trends, Share and Demands Research Repor

Medical Grade Silicone Market Global Size, Share, Growth Factors by Top Brands, Leading Regions, Emerging Trends and Forecast to 2023

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Medical Grade Silicone Market 2018

Market 2019 Size, Share, Qualitative Research and Competitive Strategy 2023 Market Overview: Medical Grade Silicone is the biocompatible material used in the manufacturing of various medical devices owing to their healing capability, improving appearance of scars, and comforting properties. These silicones are classified into three categories namely non-implantable, short-term implantable, and long-term implantable.

The medical grade silicone is extensively used in the manufacturing of medical devices such as feeding tubes, drains, catheters, medical electronic devices and assemblies, and seals & gaskets due to its superior properties such as heat resistance, flexibility, low chemical reactivity, and low toxicity. Some of the substantial and underlying market drivers identified in this market are growing geriatric population, cosmetic & plastic surgeries, medical implants, and increasing number of cardiovascular diseases.

The use of silicone coatings on scalpel blade reduces friction and gives a smoother cut, which may drive the market growth for minimally invasive surgeries. The product is also used in soft contact lenses, which are easier to adjust and more comfortable than the rigid gas permeable lenses. These contact lenses are made of silicone hydrogel to provide more oxygen to the eyes. Medical grade silicones are used in hydrocephalic shunts, antacid formulation, and topical formulations such as excipients. Furthermore, the demand for medical grade silicone in orthopedics and prosthetics is growing owing to increasing instances of sports injuries and accidents. The prosthetics and orthopedic are the most lucrative applications of the medical grade silicone on account of the technological development such as CAD/CAM dentistry (computer-aided design and computer-aided manufacturing) for enhancing the design and dental restoration. The U.S. Food and Drug Administration (FDA) regulates silicone as safe to be used in pharmaceuticals and certain food under Center for Drug Evaluation and Research (CDER) and Center for Food Safety and Nutrition (CFSAN) respectively, which in turn will witness demand for medical grade silicone in the fore coming years.

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Medical Grade Silicone Market 2018

Top Key Players: • 3M • Saint-Gobain Performance Plastics • Henkel AG & Co. KGaA • Nusil Technology LLC • Henkel AG & Co. KGaA • Polymer Science, • Applied Silicone Corporation Enquiry of the Report: https://www.marketresearchfuture.com/enquiry/5767

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Medical Grade Silicone Market 2018 Regional Analysis The global medical grade silicone market is segmented into five regions North America, Asia Pacific, Europe, Latin America, and the Middle East & Africa.

North America is the dominant region in the global medical grade silicone market in terms of both value and volume due to the technological advancements, growing elderly population, increased chronic diseases, and improved quality of healthcare facilities. This region is expected to remain dominant due to growing awareness about the product availability and the high disposable income over the review period.

The Asia Pacific is the fastest emerging region in the medical grade silicone market due to the increasing demand for the medical grade silicone products across countries such as China, India, Japan, and Australia.

Europe is one of the largest pharmaceutical regions and is likely to showcase a considerable growth in the medical grade silicone due to the extensive use of these products in surgeries and other medical procedures.

The growing use of medical devices in GCC countries is likely to propel the market growth during the review period.

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Medical Grade Silicone Market 2018 Application & Major Players in this Research: Segmentation

The global Medical Grade Silicone market is segmented on the basis of the type, application, and region.

On the basis of the type, the global Medical Grade Silicone market is segmented into ground Medical Grade Silicone (GCC) and precipitated Medical Grade Silicone (PCC).

The global Medical Grade Silicone market is segmented by its application into paper, paints & coatings, plastics, adhesives & sealants, water treatment, construction, and others.

Geographically, the global Medical Grade Silicone market is spanned across five regions namely Asia Pacific, North America, Europe, Latin America, and the Middle East & Africa.

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