Medical Grade Silicone Market Size - By Form (Gel, Rubber, Foam, Sheet, Block), By Application (Respiratory Devices, Medical Device Components, Implants, Orthopedic Forms)- Global Forecast (2023-2032)

Description

List of Tables

Global Medical Grade Silicone Market size will expand significantly through 2032. Surging prevalence of chronic disorders such as cancer, heart attack, diabetes, and others has increased the need for medical devices, increasing the demand for medical grade silicone. According to the New York State Department of Health, heart diseases claim around 697,000 lives in the U.S. every year, accounting for one in every five deaths.

Moreover, rising awareness of the benefits of medical grade silicone could further contribute to industry growth. Medical-grade silicone's biocompatibility, flexibility, softness, durability, and ease of sterilization make it a valuable material in a wide range of medical applications. From implants and prosthetics to wound dressings and medical tubing, silicone contributes to improved patient comfort, safety, and treatment outcomes, leading to industry growth.

The overall medical grade silicone market is categorized based on form, application, and region.

Based on form, industry share from gel segment will grow at over 7% CAGR from 2023 to 2032. Silicone gels are known for their durability and longevity. They are resistant to degradation and can maintain their physical properties over an extended period. This durability makes them suitable for long-term use in medical devices, implants, or external applications that require sustained performance and reliability. Moreover, high availability of these gels in various textures, from very soft gels used in prosthetics and implants to very sticky gels used in wound treatment, favors their adoption.

In terms of application, the industry value from the orthopedic products segment will amass exponential gains through 2032. Growing incidence of orthopedic disorders such as degenerative bone disease has increased product adoption. As per the CDC, around 4.2% of men and 18.8% of women 50 years of age and over suffer from osteoporosis of the lumbar spine or femur neck in the U.S. alone. Moreover, rising investments in orthopedic equipment will further supplement segment growth.

Europe medical grade silicone market size will be worth over USD 750 million by 2032. The region is home to major market players such as Wacker Chemie AG and others emphasizing product innovations. Moreover, the rising prevalence of chronic disorders such as heart disease, cancer, and others has increased the need for medical devices in the region, stimulating the demand for medical grade silicone.

Product Code: 5184

Chapter 1 Methodology & Scope

1.1 Market definition
1.2 Base estimates & calculations
1.3 Forecast calculation
1.4 Data Validation
1.5 COVID-19 impact analysis at regional level
1.6 Data Sources
- 1.6.1 Secondary
  - 1.6.1.1 Paid sources
  - 1.6.1.2 Public sources
- 1.6.2 Primary

Chapter 2 Executive Summary

2.1 Medical grade silicone industry 360 degree synopsis, 2018 - 2032 (USD Million)
2.2 Business trends
2.3 Regional trends
2.4 Form trends
2.5 Application trends

Chapter 3 Medical Grade Silicone Industry Insights

3.1 Industry ecosystem analysis
3.2 Industry impact forces
- 3.2.1 Growth drivers
  - 3.2.1.1 Surging demand for medical grade silicon in prosthetics & orthopedic application
  - 3.2.1.2 Growing healthcare expenditure globally
  - 3.2.1.3 Increasing technological advancements in dentistry sector
  - 3.2.1.4 Rising number of cosmetic and plastic surgeries
- 3.2.2 Industry pitfalls & challenges
  - 3.2.2.1 High cost of raw materials
3.3 Growth potential analysis
- 3.3.1 By form
- 3.3.2 By end-use
3.4 COVID- 19 impact analysis
3.5 Regulatory landscape
- 3.5.1 U.S.
- 3.5.2 Europe
3.6 Technology landscape
- 3.6.1 Recent technological advancements in medical grade silicone
3.7 Porter's analysis
3.8 PESTEL analysis

Chapter 4 Competitive Landscape, 2022

4.1 Introduction
4.2 Company matrix analysis, 2022
4.3 Competitive dashboard, 2022
4.4 Company market share analysis, 2022
4.5 Vendor matrix analysis, 2022
4.6 Competitive analysis of major market players
4.7 Competitive positioning matrix
4.8 Strategic outlook matrix

Chapter 5 Medical Grade Silicone Market Size and Forecast, By Form (USD Million)

5.1 Key trends, by form
5.2 Gel
5.3 Rubber
5.4 Foam
5.5 Sheet
5.6 Block
5.7 Others

Chapter 6 Medical Grade Silicone Market Size and Forecast, By Application (USD Million)

6.1 Key trends, by application
6.2 Respiratory devices
6.3 Medical device components
6.4 Implants
6.5 Orthopedic products
6.6 Others

Chapter 7 Medical Grade Silicone Market Size and Forecast, By Region (USD Million)

7.1 Key trends, by region
7.2 North America
- 7.2.1 U.S.
- 7.2.2 Canada
7.3 Europe
- 7.3.1 Germany
- 7.3.2 UK
- 7.3.3 France
- 7.3.4 Italy
- 7.3.5 Spain
- 7.3.6 Russia
7.4 Asia Pacific
- 7.4.1 China
- 7.4.2 India
- 7.4.3 Japan
- 7.4.4 Australia
7.5 Latin America
- 7.5.1 Brazil
- 7.5.2 Mexico
- 7.5.3 Argentina
7.6 Middle East & Africa
- 7.6.1 South Africa
- 7.6.2 Saudi Arabia
- 7.6.3 UAE

Chapter 8 Company Profiles

8.1 Avantor Inc.
8.2 BioPlexus, LLC,
8.3 Dongguan City Betterly New Materials Co., Ltd.
8.4 Primasil Silicones Limited
8.5 Shinu-Estu Chemical Co., Ltd.
8.6 F. STOCKWELL ELASTOMERICS, INC.
8.7 Wacker Chemie AG
8.8 DuPont
8.9 Momentive (KCC Corporation)
8.10 Elkem ASA