Lucintel Forecasts the Global Medical Grade Silicone Market to Reach $2.2 billion by 2030
Lucintel Forecasts the Global Medical Grade Silicone Market to Reach $2.2 billion by 2030
Blog Article
According to a market report by Lucintel, the future of the global medical grade silicone market looks promising with opportunities in the prosthetics & implant, orthopaedics component, cardiovascular device, medical device, medical tape, and drug delivery system applications. The global medical grade silicone market is expected to reach an estimated $2.2 billion by 2030 from $1.6 billion in 2023, at a CAGR of 5.8% from 2024 to 2030. The major drivers for this market are growing demand for cosmetic and plastic surgery and rising demand for silicon based implantable device.
A more than 150-page report to understand trends, opportunity and forecast in medical grade silicone market to 2030 by type (gels, elastomers, medical adhesives, medical coatings, liquid silicone rubbers, foam, and others), application (prosthetics & implants, orthopaedics components, cardiovascular devices, medical devices, medical tapes, drug delivery systems, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that liquid silicone rubber is expected to witness the highest growth over the forecast period.
Within this market, medical device is expected to witness the highest growth over the forecast period.
Download sample by clicking on medical grade silicone market
North America is expected to witness the highest growth over the forecast period.
Dow Corning, Wacker Chemie, Shin-Etsu Chemical, Momentive, Bluestar Silicones, 3M Company, Elkem, Dupont, Stockwell Elastomerics, Primasil Silicones are the major suppliers in the medical grade silicone market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
Explore Our Latest Publications
Rice Grain Drone Market
Roof Inspection Drone Market
RTU Underwater Drone Market
Selfie Drone Market
Small Spy Drone Market
Smart Aerial Drone Market