Medical Grade Silicone Industry Insights, Trends, Outlook

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Medical Grade Silicone Market- Global Industry
Insight, Trends, Outlook, and Opportunity
Analysis 2017-2025

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REPORT DESCRIPTION
Medical Grade Silicone Market Overview

• Medical grade silicones are specially produced
  silicones that show compatibility with living
  tissue. Silicones have properties such as, heat
  resistance, flexibility, high gas permeability
  low chemical reactivity, and low toxicity, which
  makes them an ideal choice for use in medical
  devices and other related products. Medical grade
  silicones are used in hydrocephalic shunts,
  topical formulations as excipients, transdermal
  drug delivery systems as adhesives, and antacid
  formulations. The use of medical grade silica in
  healthcare and pharmaceutical industry is the
  major driver for the growth of medical grade
  silica market. The regulatory policies in
  different economies and high cost are the key
  restraints for medical grade silicone market.
• Medical Grade Silicone Market Taxonomy
• Based on product type, the medical grade silicon
  market is segmented into
• Elastomers
• High Consistency Rubber
• Liquid Silicone Rubber
• Gels

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REPORT DESCRIPTION

• Based on application, the medical grade silicon
  market is segmented into
• Contact Lenses
• Medical Devices
• Medical Electronics, Device Assemblies Fittings
• Medical Rings and Gaskets
• Catheters
• Medical Tubes
• Miscellaneous Accessories
• Bottles
• Masks
• Trays
• Others
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REPORT DESCRIPTION
Medical Grade Silicone -Market Outlook North
America region is projected to be the largest
market and it is expected to retain its dominance
due to presence of medical grade manufacturers,
high quality products requirement, and
technological advancement. After the misuse of
industrial grade silicone in breast implants by
Poly Implant Prosthese, European Union adopted
Regulation (EU) 2017/745 and Regulation (EU)
2017/746 on medical devices, which are effective
from April 5 2017. These stringent regulations
are expected to play an important role in
European medical grade silica market. Increasing
per capita income, health awareness, ageing
population, and increasing awareness for
preventive healthcare is boosting the growth of
medical grade silicone market in Asia Pacific.
According to India Brand Equity Foundation, a
trust established by the Department of Commerce,
Ministry of Commerce and Industry, Government of
India (IBEF), the Indian medical devices market
is estimated to reach US 10 Billion by 2025
while the healthcare sector is expected to reach
US 280 billion by 2020. This is expected to
propel the growth of medical grade silicone
market in India. To Get Discount on this Report
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