Market Overview:
The global medical-grade liquid silicone rubber market is expected to grow at a CAGR of 7.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for medical-grade liquid silicone rubber from human body implants and medical devices applications. Additionally, the growing awareness about the benefits of using medical-grade liquid silicone rubber is also contributing to the growth of this market. However, volatility in raw material prices may restrain the growth of this market during the forecast period. On basis of type, limited exposure segment is projected to account for majority share in global medical-grade liquid silicone rubber market during forecast period owing its properties such as low toxicity and nonreactivity with other substances which make it ideal for use in short term applications such as tubing and seals etcetera .
Product Definition:
A silicone rubber that is used in medical devices and implants. It is important because it is biocompatible, meaning that it does not cause adverse reactions in the body, and it can be sterilized.
Limited Exposure:
The global market for limited exposure is expected to witness significant growth over the forecast period. Limited exposure in medical-grade liquid silicone rubber (LSR) market has been used extensively as a mold release agent and as an adhesion promoter in the manufacturing of medical devices and components.
Prolonged Exposure:
Prolonged exposure (PE) is a process to enhance the properties of liquid silicone rubber (LSR) by adding additives during processing. Prolonged exposure increases toughness and tensile strength, reduces relaxation time, improves surface finish & lubricity, and enhances adhesion.
The global prolonged exposure in medical-grade liquid silicone rubber market size was valued at USD 956.1 million in 2016.
Application Insights:
Liquid silicone rubber is used in the manufacturing of medical devices and human body implants. The demand for liquid silicone rubber in medical devices application segment accounted for over 45% of the overall market revenue share in 2017. This can be attributed to its high biocompatibility, low toxicity, excellent mechanical properties and flexibility which make it suitable for use as a coating material in various implantable medical devices such as stents, pacemakers etc.
The demand for liquid silicone rubber is increasing due to its applications as an adhesive medium that holds together organs inside a living body during surgery or any other procedure without causing harm to the organ itself or surrounding tissues.
Liquid silicone rubber has been observed to have potential use cases across all major industry verticals including healthcare & pharmaceuticals, food processing.
Regional Analysis:
North America was the leading global market in 2017. The region is expected to maintain its position throughout the forecast period owing to increasing R&D activities and high healthcare spending in U.S. In addition, rising number of product approvals from FDA is also anticipated to propel demand for liquid silicone rubber over the next eight years.
Asia Pacific medical-grade liquid silicone rubber market is projected to grow at a lucrative rate over the forecast period owing to rapid expansion of medical sector due primarily by increased birth rates and aging population especially in Japan, China, India, Australia.
Growth Factors:
- Increasing demand for medical devices and implants
- Rising prevalence of chronic diseases
- Growing number of surgical procedures
- Technological advancements in the medical device industry
- Rising healthcare expenditure
Scope Of The Report
Report Attributes
Report Details
Report Title
Medical-Grade Liquid Silicone Rubber Market Research Report
By Type
Limited Exposure, Prolonged Exposure, Permanent Contact
By Application
Human Body Implants, Medical Devices
By Companies
Dow Corning, Wacker Chemicals, Momentive, ShinEtsu, KCC Corporation, Guangdong Polysil, Shenzhen SQUARE Silicone, Jiangsu Tianchen
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
250
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Medical-Grade Liquid Silicone Rubber Market Report Segments:
The global Medical-Grade Liquid Silicone Rubber market is segmented on the basis of:
Types
Limited Exposure, Prolonged Exposure, Permanent Contact
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Human Body Implants, Medical Devices
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Dow Corning
- Wacker Chemicals
- Momentive
- ShinEtsu
- KCC Corporation
- Guangdong Polysil
- Shenzhen SQUARE Silicone
- Jiangsu Tianchen
Highlights of The Medical-Grade Liquid Silicone Rubber Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Limited Exposure
- Prolonged Exposure
- Permanent Contact
- By Application:
- Human Body Implants
- Medical Devices
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Medical-Grade Liquid Silicone Rubber Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Medical-grade liquid silicone rubber is a type of silicone that is specifically designed for medical applications. It is often used in surgical gloves and other medical devices, because it has a high level of elasticity and resilience.
Some of the key players operating in the medical-grade liquid silicone rubber market are Dow Corning, Wacker Chemicals, Momentive, ShinEtsu, KCC Corporation, Guangdong Polysil, Shenzhen SQUARE Silicone, Jiangsu Tianchen.
The medical-grade liquid silicone rubber market is expected to grow at a compound annual growth rate of 7.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Medical-Grade Liquid Silicone Rubber Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Medical-Grade Liquid Silicone Rubber Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Medical-Grade Liquid Silicone Rubber Market - Supply Chain
4.5. Global Medical-Grade Liquid Silicone Rubber Market Forecast
4.5.1. Medical-Grade Liquid Silicone Rubber Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Medical-Grade Liquid Silicone Rubber Market Size (000 Units) and Y-o-Y Growth
4.5.3. Medical-Grade Liquid Silicone Rubber Market Absolute $ Opportunity
5. Global Medical-Grade Liquid Silicone Rubber Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Medical-Grade Liquid Silicone Rubber Market Size and Volume Forecast by Type
5.3.1. Limited Exposure
5.3.2. Prolonged Exposure
5.3.3. Permanent Contact
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Medical-Grade Liquid Silicone Rubber Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Medical-Grade Liquid Silicone Rubber Market Size and Volume Forecast by Application
6.3.1. Human Body Implants
6.3.2. Medical Devices
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Medical-Grade Liquid Silicone Rubber Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Medical-Grade Liquid Silicone Rubber Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Medical-Grade Liquid Silicone Rubber Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Medical-Grade Liquid Silicone Rubber Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Medical-Grade Liquid Silicone Rubber Demand Share Forecast, 2019-2026
9. North America Medical-Grade Liquid Silicone Rubber Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Medical-Grade Liquid Silicone Rubber Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Medical-Grade Liquid Silicone Rubber Market Size and Volume Forecast by Application
9.4.1. Human Body Implants
9.4.2. Medical Devices
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Medical-Grade Liquid Silicone Rubber Market Size and Volume Forecast by Type
9.7.1. Limited Exposure
9.7.2. Prolonged Exposure
9.7.3. Permanent Contact
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Medical-Grade Liquid Silicone Rubber Demand Share Forecast, 2019-2026
10. Latin America Medical-Grade Liquid Silicone Rubber Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Medical-Grade Liquid Silicone Rubber Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Medical-Grade Liquid Silicone Rubber Market Size and Volume Forecast by Application
10.4.1. Human Body Implants
10.4.2. Medical Devices
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Medical-Grade Liquid Silicone Rubber Market Size and Volume Forecast by Type
10.7.1. Limited Exposure
10.7.2. Prolonged Exposure
10.7.3. Permanent Contact
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Medical-Grade Liquid Silicone Rubber Demand Share Forecast, 2019-2026
11. Europe Medical-Grade Liquid Silicone Rubber Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Medical-Grade Liquid Silicone Rubber Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Medical-Grade Liquid Silicone Rubber Market Size and Volume Forecast by Application
11.4.1. Human Body Implants
11.4.2. Medical Devices
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Medical-Grade Liquid Silicone Rubber Market Size and Volume Forecast by Type
11.7.1. Limited Exposure
11.7.2. Prolonged Exposure
11.7.3. Permanent Contact
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Medical-Grade Liquid Silicone Rubber Demand Share, 2019-2026
12. Asia Pacific Medical-Grade Liquid Silicone Rubber Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Medical-Grade Liquid Silicone Rubber Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Medical-Grade Liquid Silicone Rubber Market Size and Volume Forecast by Application
12.4.1. Human Body Implants
12.4.2. Medical Devices
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Medical-Grade Liquid Silicone Rubber Market Size and Volume Forecast by Type
12.7.1. Limited Exposure
12.7.2. Prolonged Exposure
12.7.3. Permanent Contact
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Medical-Grade Liquid Silicone Rubber Demand Share, 2019-2026
13. Middle East & Africa Medical-Grade Liquid Silicone Rubber Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Medical-Grade Liquid Silicone Rubber Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Medical-Grade Liquid Silicone Rubber Market Size and Volume Forecast by Application
13.4.1. Human Body Implants
13.4.2. Medical Devices
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Medical-Grade Liquid Silicone Rubber Market Size and Volume Forecast by Type
13.7.1. Limited Exposure
13.7.2. Prolonged Exposure
13.7.3. Permanent Contact
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Medical-Grade Liquid Silicone Rubber Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Medical-Grade Liquid Silicone Rubber Market: Market Share Analysis
14.2. Medical-Grade Liquid Silicone Rubber Distributors and Customers
14.3. Medical-Grade Liquid Silicone Rubber Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Dow Corning
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Wacker Chemicals
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Momentive
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. ShinEtsu
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. KCC Corporation
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Guangdong Polysil
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Shenzhen SQUARE Silicone
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Jiangsu Tianchen
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
