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Global Medical Grade Silicone Market 2018-2022

  • Published: Aug 2018
  • Pages: 111
  • SKU: IRTNTR23131
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The global medical grade silicone market size will grow by USD 165.58 million during 2018-2022. This industry research report provides a detailed analysis of the market based on application (prosthetics and orthopedic components, medical devices, medical tapes, and others) and geography (the Americas, APAC, and EMEA). The report analyzes the market’s competitive landscape and offers information on several medical grade silicone manufacturers including China National Chemical Corporation, DowDuPont, Momentive, Shin-Etsu Chemical, and Wacker Chemie.

Below are some of the key findings from this medical grade silicone market analysis report:

 Medical Grade Silicone Market

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Global medical grade silicone industry overview

Many vendors of medical grade silicone are shifting their manufacturing activities to developing countries because of factors such as the availability of raw materials, cost-effective labor, and low transportation costs. In the past few years, there has been a rapid growth in medical spending by consumers across the world, resulting in the rise in demand for prosthetics and orthopedic components. Moreover, medical tourism is gaining popularity owing to factors such as low treatment costs and the presence of skilled healthcare professionals in developing countries. These factors will result in the high demand for disposable medical device components, which will further drive the medical grade silicone market.

Technological advancements in robotic surgery is a key trend that will drive the growth of the global medical grade silicone market. Robotic surgery is likely to be universally affordable in the future and will enhance the outcome of complex surgeries. The use of medical grade silicone for producing prosthetics and orthopedic components for robotic surgery will positively impact the market to grow at a CAGR of more than 6% during the forecast period.

Top medical grade silicone companies covered in this report

The global medical grade silicone market is highly fragmented. To help clients improve their revenue shares in the market, this research report provides an analysis of the market’s competitive landscape and offers information on the products offered by various leading companies. Additionally, this medical grade silicone market analysis report provides key insights to help companies make informed business decisions.

The report offers a detailed analysis of several leading medical grade silicone companies, including:

  • China National Chemical Corporation
  • DowDuPont
  • Momentive
  • Shin-Etsu Chemical
  • Wacker Chemie

 Medical grade silicone market segmentation based on application

  • Prosthetics and orthopedic components
  • Medical devices
  • Medical tapes
  • Others

Prosthetics and orthopedic components segment held the largest medical grade silicone market share in 2017. The market share of this segment will increase further, and it will continue to dominate the market over the next five years.

Medical grade silicone market segmentation based on region

  • Americas
  • APAC
  • EMEA

The Americas accounted for the largest medical grade silicone market share in 2017. This region will witness a small increase in its market share and remain the market leader for the next five years. However, the APAC region is expected to witness the highest incremental growth over the forecast period.

Key highlights of the global medical grade silicone market for the forecast years 2018-2022:

  • CAGR of the market during the forecast period 2018-2022
  • Detailed information on factors that will accelerate the growth of the medical grade silicone market during the next five years
  • Precise estimation of the global medical grade silicone market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the medical grade silicone industry across the Americas, APAC, and EMEA
  • A thorough analysis of the market’s competitive landscape and detailed information on several vendors
  • Comprehensive details on factors that will challenge the growth of medical grade silicone companies

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PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

PART 03: RESEARCH METHODOLOGY

PART 04: MARKET LANDSCAPE

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

PART 05: MARKET SIZING

  • Market definition
  • Market sizing 2017
  • Market size and forecast 2017-2022

PART 06: FIVE FORCES ANALYSIS

  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

PART 07: MARKET SEGMENTATION BY APPLICATION

  • Segmentation by application
  • Comparison by application
  • Prosthetics and orthopedic components – Market size and forecast 2017-2022
  • Medical devices – Market size and forecast 2017-2022
  • Medical tapes – Market size and forecast 2017-2022
  • Others – Market size and forecast 2017-2022
  • Market opportunity by application

PART 08: CUSTOMER LANDSCAPE

PART 09: REGIONAL LANDSCAPE

  • Geographical segmentation
  • Regional comparison
  • Americas – Market size and forecast 2017-2022
  • EMEA – Market size and forecast 2017-2022
  • APAC – Market size and forecast 2017-2022
  • Market opportunity

PART 10: DECISION FRAMEWORK

PART 11: DRIVERS AND CHALLENGES

  • Market drivers
  • Market challenges

PART 12: MARKET TRENDS

  • Technological advances in robotic surgery
  • Increase in R&D activities
  • Increasing preference for vertical integration

PART 13: VENDOR LANDSCAPE

  • Overview
  • Landscape disruption
  • Competitive scenario

PART 14: VENDOR ANALYSIS

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • China National Chemical Corporation
  • DowDuPont
  • Momentive
  • Shin-Etsu Chemical
  • Wacker Chemie

PART 15: APPENDIX

  • List of abbreviations

Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

TechnavioINFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases
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TechnavioDATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts
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TechnavioREPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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