Medical Grade Silicone Global Market Research Sources & Application Analysis 2017 & Forecast 2023
ReportsWeb.com published “Medical Grade Silicone Global Market” from its database. This report Strategic recommendations in key business segments based on the market estimations. This report Supply chain trends mapping the latest technological advancement
(EMAILWIRE.COM, October 18, 2017 ) According to Publisher, the Global Medical Grade Silicone Market is accounted for $1.13 billion in 2016 and is expected to reach $1.84 billion by 2023 growing at a CAGR of 7.2% during the forecast period. Huge growth of application is orthopedic components and medical devices are some of the key factors favouring the market growth. However, strict government regulations and escalating raw material cost are hampering the market. Increasing healthcare in developing countries provides ample of opportunities for the market growth.
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By Application, Prosthetics and Orthopedic segments are expected to witness huge growth during the forecast period owing to their physical properties of chemical inertness, elasticity and skin-like texture. By Form, Gels segment commanded the largest market share attributed to growing usage of this product in medical applications. Silicone gel has tested to be extremely useful for scar treatment and cause 86% decrease in texture, 84% decrease in color, and 68% decrease in the height of scars.
North America commanded the largest market share due to the presence of technology advancement and medical grade silicone built-up companies in this region. Asia Pacific is expected to grow at a fastest CAGR owing to the fast growing infrastructure that provides ample of opportunities for medical grade silicone market growth in the region.
Some of the key players in Medical Grade Silicone market include 3M Company, Saint-Gobain Performance Plastics, Royal DSM, Henkel AG & Co., DOW Corning Corporation, Specialty Silicone Fabricators, Inc., Polymer Science, Inc., Nusil Technology LLC, Zodiac Coating, Primasil Silicones Limited, Wacker Chemie AG, Bioplexus, Stockwell Elastomerics Inc., Momentive Performance Materials Inc. and Wynca Group.
Applications Covered:
-Orthopedic Components
-Contact Lenses
-Medical Devices
-Prosthetics
-Medical Tapes
-Other Applications
Forms Covered:
-Medical Adhesives
-Elastomers
-Gels
-Medical Coatings
-Other Forms
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Regions Covered:
-North America
US
Canada
Mexico
-Europe
Germany
France
Italy
UK
Spain
Rest of Europe
-Asia Pacific
Japan
China
India
Australia
New Zealand
South Korea
Rest of Asia Pacific
-South America
Argentina
Brazil
Chile
Rest of South America
-Middle East & Africa
Saudi Arabia
UAE
Qatar
South Africa
Rest of Middle East & Africa
Company Profiling
9.1 3M Company
9.2 Saint-Gobain Performance Plastics
9.3 Royal DSM
9.4 Henkel AG & Co.
9.5 DOW Corning Corporation
9.6 Specialty Silicone Fabricators, Inc.
9.7 Polymer Science, Inc.
9.8 Nusil Technology LLC
9.9 Zodiac Coating
9.10 Primasil Silicones Limited
9.11 Wacker Chemie AG
9.12 Bioplexus
9.13 Stockwell Elastomerics Inc.
9.14 Momentive Performance Materials Inc.
9.15 Wynca Group
For more information about this report: http://www.reportsweb.com/medical-grade-silicone-global-market-outlook-2017-2023
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By Application, Prosthetics and Orthopedic segments are expected to witness huge growth during the forecast period owing to their physical properties of chemical inertness, elasticity and skin-like texture. By Form, Gels segment commanded the largest market share attributed to growing usage of this product in medical applications. Silicone gel has tested to be extremely useful for scar treatment and cause 86% decrease in texture, 84% decrease in color, and 68% decrease in the height of scars.
North America commanded the largest market share due to the presence of technology advancement and medical grade silicone built-up companies in this region. Asia Pacific is expected to grow at a fastest CAGR owing to the fast growing infrastructure that provides ample of opportunities for medical grade silicone market growth in the region.
Some of the key players in Medical Grade Silicone market include 3M Company, Saint-Gobain Performance Plastics, Royal DSM, Henkel AG & Co., DOW Corning Corporation, Specialty Silicone Fabricators, Inc., Polymer Science, Inc., Nusil Technology LLC, Zodiac Coating, Primasil Silicones Limited, Wacker Chemie AG, Bioplexus, Stockwell Elastomerics Inc., Momentive Performance Materials Inc. and Wynca Group.
Applications Covered:
-Orthopedic Components
-Contact Lenses
-Medical Devices
-Prosthetics
-Medical Tapes
-Other Applications
Forms Covered:
-Medical Adhesives
-Elastomers
-Gels
-Medical Coatings
-Other Forms
Inquire before Buying at http://www.reportsweb.com/inquiry&RW00011117719/buying
Regions Covered:
-North America
US
Canada
Mexico
-Europe
Germany
France
Italy
UK
Spain
Rest of Europe
-Asia Pacific
Japan
China
India
Australia
New Zealand
South Korea
Rest of Asia Pacific
-South America
Argentina
Brazil
Chile
Rest of South America
-Middle East & Africa
Saudi Arabia
UAE
Qatar
South Africa
Rest of Middle East & Africa
Company Profiling
9.1 3M Company
9.2 Saint-Gobain Performance Plastics
9.3 Royal DSM
9.4 Henkel AG & Co.
9.5 DOW Corning Corporation
9.6 Specialty Silicone Fabricators, Inc.
9.7 Polymer Science, Inc.
9.8 Nusil Technology LLC
9.9 Zodiac Coating
9.10 Primasil Silicones Limited
9.11 Wacker Chemie AG
9.12 Bioplexus
9.13 Stockwell Elastomerics Inc.
9.14 Momentive Performance Materials Inc.
9.15 Wynca Group
For more information about this report: http://www.reportsweb.com/medical-grade-silicone-global-market-outlook-2017-2023
Contact Information:
ReportsWeb.com
Rajat Sahni
Tel: +1-646-491-9876
Email us
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ReportsWeb.com
Rajat Sahni
Tel: +1-646-491-9876
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results