The global medical grade silicone market is expected to grow at a CAGR of 5.5% during the forecast period, to reach USD 3.2 billion by 2030 from USD 2.4 billion in 2018. The growth of this market is driven by the increasing demand for silicone products in various applications such as prosthetics and orthopedics, medical devices, medical tapes, and contact lenses. Silicone has been used extensively in these applications due to its excellent properties such as high elasticity, low friction coefficient, and high chemical resistance which make it an ideal material for these applications.
The global medical grade silicone market is segmented on the basis of type into gels, medical adhesives, medical coatings and elastomers; on the basis of application into prosthetics & orthopedic devices (including artificial joints), medical devices (including catheters), contact lenses; and on the basis of region into North America (US, Canada), Latin America (Mexico), Europe (Germany), Asia Pacific (China) and Middle East & Africa).
- The medical grade silicone market is expected to grow at a CAGR of 4.5% from 2017-2022.
- Increasing demand for silicone products in the medical sector is one of the major factors driving the growth of this market.
- Silicone products are used in various applications such as catheters, surgical gloves, and implants.
- The increasing number of joint replacements and other surgeries are also driving the growth of this market.
- Increasing awareness about silicone products among consumers is also a factor that will drive the growth of this market.
Industry Growth Insights published a new data on “Medical Grade Silicone Market”. The research report is titled “Medical Grade Silicone Market research by Types (Gels, Medical Adhesives, Medical Coatings, Elastomers), By Applications (Prosthetics & Orthopedic, Medical Devices, Medical Tapes, Contact Lenses), By Players/Companies Dow Corning (US), Wacker Chemie (Germany), Shin-Etsu Chemical (Japan), Momentive (US), Bluestar Silicones (France), 3M Company (US)”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Medical Grade Silicone Market Research Report
By Type
Gels, Medical Adhesives, Medical Coatings, Elastomers
By Application
Prosthetics & Orthopedic, Medical Devices, Medical Tapes, Contact Lenses
By Companies
Dow Corning (US), Wacker Chemie (Germany), Shin-Etsu Chemical (Japan), Momentive (US), Bluestar Silicones (France), 3M Company (US)
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
242
Number of Tables & Figures
170
Customization Available
Yes, the report can be customized as per your need.
Global Medical Grade Silicone Market Report Segments:
The global Medical Grade Silicone market is segmented on the basis of:
Types
Gels, Medical Adhesives, Medical Coatings, Elastomers
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
Prosthetics & Orthopedic, Medical Devices, Medical Tapes, Contact Lenses
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 (US)
- Wacker Chemie (Germany)
- Shin-Etsu Chemical (Japan)
- Momentive (US)
- Bluestar Silicones (France)
- 3M Company (US)
Highlights of The Medical Grade Silicone 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:
- Gels
- Medical Adhesives
- Medical Coatings
- Elastomers
- By Application:
- Prosthetics & Orthopedic
- Medical Devices
- Medical Tapes
- Contact Lenses
- 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 Silicone 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.
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- Correctly Positioning New Products
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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 silicone is a type of silicone that is specifically designed for medical applications. It has been tested and approved by the FDA for use in medical devices, and it is often used in products that are intended to be inserted into the body, such as implants and prosthetic limbs. Medical grade silicone is also used in products that are meant to be ingested, such as suppositories and capsules.
Some of the major players in the medical grade silicone market are Dow Corning (US), Wacker Chemie (Germany), Shin-Etsu Chemical (Japan), Momentive (US), Bluestar Silicones (France), 3M Company (US).
The medical grade silicone market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Medical Grade Silicone 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 Silicone 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 Silicone Market - Supply Chain
4.5. Global Medical Grade Silicone Market Forecast
4.5.1. Medical Grade Silicone Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Medical Grade Silicone Market Size (000 Units) and Y-o-Y Growth
4.5.3. Medical Grade Silicone Market Absolute $ Opportunity
5. Global Medical Grade Silicone 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 Silicone Market Size and Volume Forecast by Type
5.3.1. Gels
5.3.2. Medical Adhesives
5.3.3. Medical Coatings
5.3.4. Elastomers
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Medical Grade Silicone 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 Silicone Market Size and Volume Forecast by Application
6.3.1. Prosthetics & Orthopedic
6.3.2. Medical Devices
6.3.3. Medical Tapes
6.3.4. Contact Lenses
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Medical Grade Silicone 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 Silicone 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 Silicone 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 Silicone 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 Silicone Demand Share Forecast, 2019-2026
9. North America Medical Grade Silicone 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 Silicone 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 Silicone Market Size and Volume Forecast by Application
9.4.1. Prosthetics & Orthopedic
9.4.2. Medical Devices
9.4.3. Medical Tapes
9.4.4. Contact Lenses
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Medical Grade Silicone Market Size and Volume Forecast by Type
9.7.1. Gels
9.7.2. Medical Adhesives
9.7.3. Medical Coatings
9.7.4. Elastomers
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 Silicone Demand Share Forecast, 2019-2026
10. Latin America Medical Grade Silicone 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 Silicone 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 Silicone Market Size and Volume Forecast by Application
10.4.1. Prosthetics & Orthopedic
10.4.2. Medical Devices
10.4.3. Medical Tapes
10.4.4. Contact Lenses
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Medical Grade Silicone Market Size and Volume Forecast by Type
10.7.1. Gels
10.7.2. Medical Adhesives
10.7.3. Medical Coatings
10.7.4. Elastomers
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 Silicone Demand Share Forecast, 2019-2026
11. Europe Medical Grade Silicone 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 Silicone 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 Silicone Market Size and Volume Forecast by Application
11.4.1. Prosthetics & Orthopedic
11.4.2. Medical Devices
11.4.3. Medical Tapes
11.4.4. Contact Lenses
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Medical Grade Silicone Market Size and Volume Forecast by Type
11.7.1. Gels
11.7.2. Medical Adhesives
11.7.3. Medical Coatings
11.7.4. Elastomers
11.8. Bass 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 Silicone Demand Share, 2019-2026
12. Asia Pacific Medical Grade Silicone 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 Silicone 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 Silicone Market Size and Volume Forecast by Application
12.4.1. Prosthetics & Orthopedic
12.4.2. Medical Devices
12.4.3. Medical Tapes
12.4.4. Contact Lenses
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Medical Grade Silicone Market Size and Volume Forecast by Type
12.7.1. Gels
12.7.2. Medical Adhesives
12.7.3. Medical Coatings
12.7.4. Elastomers
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 Silicone Demand Share, 2019-2026
13. Middle East & Africa Medical Grade Silicone 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 Silicone 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 Silicone Market Size and Volume Forecast by Application
13.4.1. Prosthetics & Orthopedic
13.4.2. Medical Devices
13.4.3. Medical Tapes
13.4.4. Contact Lenses
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 Silicone Market Size and Volume Forecast by Type
13.7.1. Gels
13.7.2. Medical Adhesives
13.7.3. Medical Coatings
13.7.4. Elastomers
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 Silicone Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Medical Grade Silicone Market: Market Share Analysis
14.2. Medical Grade Silicone Distributors and Customers
14.3. Medical Grade Silicone Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Dow Corning (US)
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 Chemie (Germany)
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Shin-Etsu Chemical (Japan)
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Momentive (US)
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Bluestar Silicones (France)
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. 3M Company (US)
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. COMPANY7
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
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
