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Medical Grade Silicone-Global Market Insights and Sales Trends 2024
Synopsis
Growing and aging population as well as increasing trends of home care and self-medication are fueling the medical grade silicone market.
The global Medical Grade Silicone market size is expected to reach US$ 661.6 million by 2029, growing at a CAGR of 5.3% from 2023 to 2029. The market is mainly driven by the significant applications of Medical Grade Silicone in various end use industries. The expanding demands from the Prosthetics (Limbs & Implants), Orthopedic Components, Medical Devices and Medical Tapes, are propelling Medical Grade Silicone market. Liquid Silicone, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Solid Silicone segment is estimated at % CAGR for the next seven-year period.
The global market for medical devices is estimated at US$ 603 billion in the year 2023, and will be growing at a CAGR of 5% during next six years. The global healthcare spending contributes to occupy 10% of the global GDP and is continuously rising in recent years due to the increasing health needs of the aging population, the growing prevalence of chronic and infectious diseases and the expansion of emerging markets. The medical devices market plays a significant role in the healthcare industry. The market is driven by several factors, including the increasing demand for advanced healthcare services globally, advancements in medical technology, growing geriatric population, rising healthcare expenditure, and increasing awareness about early disease diagnosis and treatment.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Medical Grade Silicone, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Medical Grade Silicone market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Medical Grade Silicone market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Medical Grade Silicone sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Medical Grade Silicone covered in this report include Dow Corning Corporation (US), Wacker Chemie AG (Germany), 3M Company (US), Shin-Etsu Chemical Co. Ltd. (Japan), Elkem Silicones, NuSil Technology LLC (US), Henkel AG & Co. (Germany), Momentive Performance Materials Inc. (US) and Specialty Silicone Fabricators, Inc. (US), etc.
The global Medical Grade Silicone market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Dow Corning Corporation (US)
Wacker Chemie AG (Germany)
3M Company (US)
Shin-Etsu Chemical Co. Ltd. (Japan)
Elkem Silicones
NuSil Technology LLC (US)
Henkel AG & Co. (Germany)
Momentive Performance Materials Inc. (US)
Specialty Silicone Fabricators, Inc. (US)
Zodiac Coating (Germany)
Global Medical Grade Silicone market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Medical Grade Silicone market, Segment by Type:
Liquid Silicone
Solid Silicone
Others
Global Medical Grade Silicone market, by Application
Prosthetics (Limbs & Implants)
Orthopedic Components
Medical Devices
Medical Tapes
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Medical Grade Silicone manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Medical Grade Silicone in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Growing and aging population as well as increasing trends of home care and self-medication are fueling the medical grade silicone market.
The global Medical Grade Silicone market size is expected to reach US$ 661.6 million by 2029, growing at a CAGR of 5.3% from 2023 to 2029. The market is mainly driven by the significant applications of Medical Grade Silicone in various end use industries. The expanding demands from the Prosthetics (Limbs & Implants), Orthopedic Components, Medical Devices and Medical Tapes, are propelling Medical Grade Silicone market. Liquid Silicone, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Solid Silicone segment is estimated at % CAGR for the next seven-year period.
The global market for medical devices is estimated at US$ 603 billion in the year 2023, and will be growing at a CAGR of 5% during next six years. The global healthcare spending contributes to occupy 10% of the global GDP and is continuously rising in recent years due to the increasing health needs of the aging population, the growing prevalence of chronic and infectious diseases and the expansion of emerging markets. The medical devices market plays a significant role in the healthcare industry. The market is driven by several factors, including the increasing demand for advanced healthcare services globally, advancements in medical technology, growing geriatric population, rising healthcare expenditure, and increasing awareness about early disease diagnosis and treatment.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Medical Grade Silicone, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Medical Grade Silicone market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Medical Grade Silicone market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Medical Grade Silicone sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Medical Grade Silicone covered in this report include Dow Corning Corporation (US), Wacker Chemie AG (Germany), 3M Company (US), Shin-Etsu Chemical Co. Ltd. (Japan), Elkem Silicones, NuSil Technology LLC (US), Henkel AG & Co. (Germany), Momentive Performance Materials Inc. (US) and Specialty Silicone Fabricators, Inc. (US), etc.
The global Medical Grade Silicone market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Dow Corning Corporation (US)
Wacker Chemie AG (Germany)
3M Company (US)
Shin-Etsu Chemical Co. Ltd. (Japan)
Elkem Silicones
NuSil Technology LLC (US)
Henkel AG & Co. (Germany)
Momentive Performance Materials Inc. (US)
Specialty Silicone Fabricators, Inc. (US)
Zodiac Coating (Germany)
Global Medical Grade Silicone market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Medical Grade Silicone market, Segment by Type:
Liquid Silicone
Solid Silicone
Others
Global Medical Grade Silicone market, by Application
Prosthetics (Limbs & Implants)
Orthopedic Components
Medical Devices
Medical Tapes
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Medical Grade Silicone manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Medical Grade Silicone in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Medical Grade Silicone Market Overview
1.1 Medical Grade Silicone Product Overview
1.2 Medical Grade Silicone Market Segment by Type
1.2.1 Liquid Silicone
1.2.2 Solid Silicone
1.2.3 Others
1.3 Global Medical Grade Silicone Market Size by Type
1.3.1 Global Medical Grade Silicone Market Size Overview by Type (2018-2029)
1.3.2 Global Medical Grade Silicone Historic Market Size Review by Type (2018-2023)
1.3.3 Global Medical Grade Silicone Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Medical Grade Silicone Sales Breakdown by Type (2018-2023)
1.4.2 Europe Medical Grade Silicone Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Medical Grade Silicone Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Medical Grade Silicone Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Medical Grade Silicone Sales Breakdown by Type (2018-2023)
2 Global Medical Grade Silicone Market Competition by Company
2.1 Global Top Players by Medical Grade Silicone Sales (2018-2023)
2.2 Global Top Players by Medical Grade Silicone Revenue (2018-2023)
2.3 Global Top Players by Medical Grade Silicone Price (2018-2023)
2.4 Global Top Manufacturers Medical Grade Silicone Manufacturing Base Distribution, Sales Area, Product Type
2.5 Medical Grade Silicone Market Competitive Situation and Trends
2.5.1 Medical Grade Silicone Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Medical Grade Silicone Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Medical Grade Silicone as of 2022)
2.7 Date of Key Manufacturers Enter into Medical Grade Silicone Market
2.8 Key Manufacturers Medical Grade Silicone Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Medical Grade Silicone Status and Outlook by Region
3.1 Global Medical Grade Silicone Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Medical Grade Silicone Historic Market Size by Region
3.2.1 Global Medical Grade Silicone Sales in Volume by Region (2018-2023)
3.2.2 Global Medical Grade Silicone Sales in Value by Region (2018-2023)
3.2.3 Global Medical Grade Silicone Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Medical Grade Silicone Forecasted Market Size by Region
3.3.1 Global Medical Grade Silicone Sales in Volume by Region (2024-2029)
3.3.2 Global Medical Grade Silicone Sales in Value by Region (2024-2029)
3.3.3 Global Medical Grade Silicone Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Medical Grade Silicone by Application
4.1 Medical Grade Silicone Market Segment by Application
4.1.1 Prosthetics (Limbs & Implants)
4.1.2 Orthopedic Components
4.1.3 Medical Devices
4.1.4 Medical Tapes
4.1.5 Others
4.2 Global Medical Grade Silicone Market Size by Application
4.2.1 Global Medical Grade Silicone Market Size Overview by Application (2018-2029)
4.2.2 Global Medical Grade Silicone Historic Market Size Review by Application (2018-2023)
4.2.3 Global Medical Grade Silicone Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Medical Grade Silicone Sales Breakdown by Application (2018-2023)
4.3.2 Europe Medical Grade Silicone Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Medical Grade Silicone Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Medical Grade Silicone Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Medical Grade Silicone Sales Breakdown by Application (2018-2023)
5 North America Medical Grade Silicone by Country
5.1 North America Medical Grade Silicone Historic Market Size by Country
5.1.1 North America Medical Grade Silicone Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Medical Grade Silicone Sales in Volume by Country (2018-2023)
5.1.3 North America Medical Grade Silicone Sales in Value by Country (2018-2023)
5.2 North America Medical Grade Silicone Forecasted Market Size by Country
5.2.1 North America Medical Grade Silicone Sales in Volume by Country (2024-2029)
5.2.2 North America Medical Grade Silicone Sales in Value by Country (2024-2029)
6 Europe Medical Grade Silicone by Country
6.1 Europe Medical Grade Silicone Historic Market Size by Country
6.1.1 Europe Medical Grade Silicone Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Medical Grade Silicone Sales in Volume by Country (2018-2023)
6.1.3 Europe Medical Grade Silicone Sales in Value by Country (2018-2023)
6.2 Europe Medical Grade Silicone Forecasted Market Size by Country
6.2.1 Europe Medical Grade Silicone Sales in Volume by Country (2024-2029)
6.2.2 Europe Medical Grade Silicone Sales in Value by Country (2024-2029)
7 Asia-Pacific Medical Grade Silicone by Region
7.1 Asia-Pacific Medical Grade Silicone Historic Market Size by Region
7.1.1 Asia-Pacific Medical Grade Silicone Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Medical Grade Silicone Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Medical Grade Silicone Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Medical Grade Silicone Forecasted Market Size by Region
7.2.1 Asia-Pacific Medical Grade Silicone Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Medical Grade Silicone Sales in Value by Region (2024-2029)
8 Latin America Medical Grade Silicone by Country
8.1 Latin America Medical Grade Silicone Historic Market Size by Country
8.1.1 Latin America Medical Grade Silicone Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Medical Grade Silicone Sales in Volume by Country (2018-2023)
8.1.3 Latin America Medical Grade Silicone Sales in Value by Country (2018-2023)
8.2 Latin America Medical Grade Silicone Forecasted Market Size by Country
8.2.1 Latin America Medical Grade Silicone Sales in Volume by Country (2024-2029)
8.2.2 Latin America Medical Grade Silicone Sales in Value by Country (2024-2029)
9 Middle East and Africa Medical Grade Silicone by Country
9.1 Middle East and Africa Medical Grade Silicone Historic Market Size by Country
9.1.1 Middle East and Africa Medical Grade Silicone Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Medical Grade Silicone Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Medical Grade Silicone Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Medical Grade Silicone Forecasted Market Size by Country
9.2.1 Middle East and Africa Medical Grade Silicone Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Medical Grade Silicone Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Dow Corning Corporation (US)
10.1.1 Dow Corning Corporation (US) Company Information
10.1.2 Dow Corning Corporation (US) Introduction and Business Overview
10.1.3 Dow Corning Corporation (US) Medical Grade Silicone Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Dow Corning Corporation (US) Medical Grade Silicone Products Offered
10.1.5 Dow Corning Corporation (US) Recent Development
10.2 Wacker Chemie AG (Germany)
10.2.1 Wacker Chemie AG (Germany) Company Information
10.2.2 Wacker Chemie AG (Germany) Introduction and Business Overview
10.2.3 Wacker Chemie AG (Germany) Medical Grade Silicone Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Wacker Chemie AG (Germany) Medical Grade Silicone Products Offered
10.2.5 Wacker Chemie AG (Germany) Recent Development
10.3 3M Company (US)
10.3.1 3M Company (US) Company Information
10.3.2 3M Company (US) Introduction and Business Overview
10.3.3 3M Company (US) Medical Grade Silicone Sales, Revenue and Gross Margin (2018-2023)
10.3.4 3M Company (US) Medical Grade Silicone Products Offered
10.3.5 3M Company (US) Recent Development
10.4 Shin-Etsu Chemical Co. Ltd. (Japan)
10.4.1 Shin-Etsu Chemical Co. Ltd. (Japan) Company Information
10.4.2 Shin-Etsu Chemical Co. Ltd. (Japan) Introduction and Business Overview
10.4.3 Shin-Etsu Chemical Co. Ltd. (Japan) Medical Grade Silicone Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Shin-Etsu Chemical Co. Ltd. (Japan) Medical Grade Silicone Products Offered
10.4.5 Shin-Etsu Chemical Co. Ltd. (Japan) Recent Development
10.5 Elkem Silicones
10.5.1 Elkem Silicones Company Information
10.5.2 Elkem Silicones Introduction and Business Overview
10.5.3 Elkem Silicones Medical Grade Silicone Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Elkem Silicones Medical Grade Silicone Products Offered
10.5.5 Elkem Silicones Recent Development
10.6 NuSil Technology LLC (US)
10.6.1 NuSil Technology LLC (US) Company Information
10.6.2 NuSil Technology LLC (US) Introduction and Business Overview
10.6.3 NuSil Technology LLC (US) Medical Grade Silicone Sales, Revenue and Gross Margin (2018-2023)
10.6.4 NuSil Technology LLC (US) Medical Grade Silicone Products Offered
10.6.5 NuSil Technology LLC (US) Recent Development
10.7 Henkel AG & Co. (Germany)
10.7.1 Henkel AG & Co. (Germany) Company Information
10.7.2 Henkel AG & Co. (Germany) Introduction and Business Overview
10.7.3 Henkel AG & Co. (Germany) Medical Grade Silicone Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Henkel AG & Co. (Germany) Medical Grade Silicone Products Offered
10.7.5 Henkel AG & Co. (Germany) Recent Development
10.8 Momentive Performance Materials Inc. (US)
10.8.1 Momentive Performance Materials Inc. (US) Company Information
10.8.2 Momentive Performance Materials Inc. (US) Introduction and Business Overview
10.8.3 Momentive Performance Materials Inc. (US) Medical Grade Silicone Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Momentive Performance Materials Inc. (US) Medical Grade Silicone Products Offered
10.8.5 Momentive Performance Materials Inc. (US) Recent Development
10.9 Specialty Silicone Fabricators, Inc. (US)
10.9.1 Specialty Silicone Fabricators, Inc. (US) Company Information
10.9.2 Specialty Silicone Fabricators, Inc. (US) Introduction and Business Overview
10.9.3 Specialty Silicone Fabricators, Inc. (US) Medical Grade Silicone Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Specialty Silicone Fabricators, Inc. (US) Medical Grade Silicone Products Offered
10.9.5 Specialty Silicone Fabricators, Inc. (US) Recent Development
10.10 Zodiac Coating (Germany)
10.10.1 Zodiac Coating (Germany) Company Information
10.10.2 Zodiac Coating (Germany) Introduction and Business Overview
10.10.3 Zodiac Coating (Germany) Medical Grade Silicone Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Zodiac Coating (Germany) Medical Grade Silicone Products Offered
10.10.5 Zodiac Coating (Germany) Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Medical Grade Silicone Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Medical Grade Silicone Industrial Chain Analysis
11.4 Medical Grade Silicone Market Dynamics
11.4.1 Medical Grade Silicone Industry Trends
11.4.2 Medical Grade Silicone Market Drivers
11.4.3 Medical Grade Silicone Market Challenges
11.4.4 Medical Grade Silicone Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Medical Grade Silicone Distributors
12.3 Medical Grade Silicone Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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