Middle East and Africa Medical Grade Silicone Market, By Type (Gels (Unreinforced Silicone Elastomers), Medical Adhesives, Medical Coatings, Liquid Silicone Rubbers (LSR), Others), Application (Prosthetics, Orthopedic Components, Medical Devices, Medical Tapes, Contact Lenses, Others), Country (Saudi Arabia, UAE, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2029
Market Analysis and Insights Middle East and Africa Medical Grade Silicone Market
The medical grade silicone market is expected to witness market growth at a rate of 4.1% in the forecast period of 2022 to 2029. Data Bridge Market Research report on medical grade silicone market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The increase in demand for the product for various industrial applications is escalating the growth of medical grade silicone market.
Medical grade silicone refers to a type of biocompatible material that is widely utilized for medical applications. Non-implantable, short term implantable, and long-term implantable are the three common type of this material. These are used in dental retainers, respiratory masks, menstrual cups, seal and gasket, tubes, implants for long and short term use, non-stick containers, syringe pistons and gel sheets for scar therapy, among others.
The surge in demand for disposable devices across the region acts as one of the major factors driving the growth of medical grade silicone market. The rise in the use in heart pumps, surgical reconstructive components, and use in defibrillators accelerate the market growth. The high usage of medical grade silicone in the production and orthopedics devices owing to its light weight and appearance, and rise in incidence of cosmetic and plant surgeries further influence the market. Additionally, increase in the awareness, surge in investments, rise in disposable income and changing concepts of beauty positively affect the medical grade silicone market. Furthermore, advancements and R&D initiatives in medical grade silicone materials and significant rise in the medical tourism industry extend profitable opportunities to the market players in the forecast period of 2022 to 2029.
On the other hand, fluctuating raw material prices and stringent and time-consuming regulatory policies are expected to obstruct the market growth. The stringent regulations are projected to challenge the medical grade silicone market in the forecast period of 2022-2029.
This medical grade silicone market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on medical grade silicone market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Middle East and Africa Medical Grade Silicone Market Scope and Market Size
The medical grade silicone market is segmented on the basis of type and application. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
- On the basis of type, the medical grade silicone market is segmented into gels (unreinforced silicone elastomers), medical adhesives, medical coatings, liquid silicone rubbers (LSR) and others. Others is further sub-segmented into APIs, excepients, foams, emulsions and dispersions, among others.
- On the basis of application, the medical grade silicone market is segmented into prosthetics, orthopedic components, medical devices, medical tapes, contact lenses and others. Prosthetics is further sub-segmented into limbs and implants. And others are further sub-segmented into drugs, topical gels, oral care products and surgical drapes, among others.
Middle East and Africa Reed Sensors Market Country Level Analysis
The medical grade silicone market is analyzed and market size insights and trends are provided by country, type and application as referenced above.
The countries covered in the Europe medical grade silicone market report are Germany, U.K., France, Italy, Spain, Netherlands, Russia, Switzerland, Turkey, Austria, Norway, Hungary, Lithuania, Ireland, Poland and Rest of Europe.
Germany dominates the Europe medical grade silicone market due to the technological advancements within the region.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Middle East and Africa Medical Grade Silicone Market Share Analysis
The medical grade silicone market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to medical grade silicone market.
Some of the major players operating in the medical grade silicone market report are Dow, 3M, Wacker Chemie AG, Shin-Etsu Chemical Co. Ltd., Avntor, Inc., Momentive, Trelleborg AB, PAUL HARTMANN AG, Wynca Group, STOCKWELL ELSTOMERIC, INC., Saint Gobain Performance Plastics, Apple Rubber Products, Simtec and Kibaru Manufacturing Sdn Bhd among others.