Medical Grade Silicone Market Size, Share & Trends Analysis Report By Product (Elastomers, Gels, Medical Adhesives, Medical Coatings, Foams), By Application (Prosthetics, Orthopedic, Contact Lens), By Region, And Segment Forecasts, 2025 - 2030

November 2024 | 100 pages | ID: MAA2ADBAB5EEN
Grand View Research, Inc.

Abstracts

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Medical Grade Silicone Market Growth & Trends

The global medical grade silicone market size is expected treach USD 922.7 million by 2030, growing at a CAGR of 7.4% from 2025 t2030, according ta report by Grand View Research, Inc. Rising demand for Medical Grade Silicone owing tits inherent thermal and chemical stability, hydrophobicity, resistance tsterilization method, and low surface tension is expected taugment the industry size over the forecast period.

The growing use of high consistency silicone elastomers due tvarious properties offered such as green strength, which is necessary tmaintain extruded profiles until vulcanized, is expected tincrease their demand in extrusion applications, which in turn is anticipated tstimulate the demand over the forecast period.

Silicone medical adhesives are used tfabricate medical devices, seal wounds, and affix medical devices including dressing, a patch tthe skin, and as a tape. The market is expected texhibit promising gains on account of high tourist numbers triggering medical tourism in the Asia Pacific, especially in India, South Korea, Thailand, Singapore, and Malaysia.

The global medical silicone coatings market accounted for 8% of the overall revenue share in 2024 and is expected twitness growth on account of high usage of the product in mandrels, catheters, hyptubes, stents, guide wires, sutures, and syringes. The growing geriatric population coupled with the rising obesity rates is anticipated tincrease the occurrences of cardiac diseases, which in turn is expected tstimulate the medical silicone demand.

Medical Grade Silicone Market Report Highlights

• Silicone elastomer is anticipated twitness significant revenue gain with a predicted CAGR of 7.7% from 2025 t2030 due tthe rising consumption of the product in the Liquid Silicone Rubber (LSR) and High Consistency Rubber (HCR) applications. LSR and HCR find application in pump diaphragms, hydrocephalic shunts, replacement finger joints, pacemaker lead coverings, and catheters.
• The North America medical grade silicone market dominated the global market and accounted for the largest revenue share of 44.0% in 2024
• Growing awareness regarding commercially available products, the adoption of enhanced surgical treatments, and increasing healthcare infrastructure are expected topen new avenues for medical products in the U.S., and therefore, augment the demand for medical silicone in the market
• The global medical silicone market is highly fragmented in nature and marked by the presence of numerous global and regional silicone producers. Due tend-user opportunities and fragmented nature of the market, the intensity of rivalry is expected tincrease in the next eight years.
• In February 2017, Wacker Chemie AG named Foster Corporation as an exclusive distributor of medical-grade silicone rubber for the company’s Silpuran line in the North America healthcare market tprovide services such as customer support, enhanced customer experience, and logistics in the region
• In November 2016, Dow Corning Corp. launched soft skin adhesive tbridge the gap between the company’s Pressure Sensitive Adhesives (PSAs) and gentle-adhesion SSAs

Contents

CHAPTER 1. METHODOLOGY AND SCOPE

1.1. Market Segmentation & Scope
1.2. Market Definition
1.3. Information Procurement
  1.3.1. Purchased Database
  1.3.2. GVR’s Internal Database
  1.3.3. Secondary Sources & Third-Party Perspectives
  1.3.4. Primary Research
1.4. Information Analysis
  1.4.1. Data Analysis Models
1.5. Market Formulation & Data Visualization
1.6. Data Validation & Publishing

CHAPTER 2. EXECUTIVE SUMMARY

2.1. Market Insights
2.2. Segmental Outlook
2.3. Competitive Outlook

CHAPTER 3. MEDICAL GRADE SILICONE MARKET VARIABLES, TRENDS & SCOPE

3.1. Global Medical Grade Silicone Market Outlook
3.2. Industry Value Chain Analysis
3.3. Technology Overview
3.4. Average Price Trend Analysis
3.5. Supply-Demand Gap Analysis, 2024
3.6. Regulatory Framework
  3.6.1. Policies and Incentive Plans
  3.6.2. Standards and Compliances
  3.6.3. Regulatory Impact Analysis
3.7. Market Dynamics
  3.7.1. Market Driver Analysis
  3.7.2. Market Restraint Analysis
  3.7.3. Industry Challenges
3.8. Porter’s Five Forces Analysis
  3.8.1. Supplier Power
  3.8.2. Buyer Power
  3.8.3. Substitution Threat
  3.8.4. Threat From New Entrant
  3.8.5. Competitive Rivalry
3.9. PESTEL Analysis
  3.9.1. Political Landscape
  3.9.2. Economic Landscape
  3.9.3. Social Landscape
  3.9.4. Technological Landscape
  3.9.5. Environmental Landscape
  3.9.6. Legal Landscape

CHAPTER 4. MEDICAL GRADE SILICONE MARKET: PRODUCT OUTLOOK ESTIMATES & FORECASTS

4.1. Medical Grade Silicone Market: Product Movement Analysis, 2024 & 2030
  4.1.1. Elastomers
    4.1.1.1. Market Estimates and Forecast, 2018 - 2030 (Tons) (USD Million)
  4.1.2. Gels
    4.1.2.1. Market Estimates and Forecast, 2018 - 2030 (Tons) (USD Million)
  4.1.3. Medical Adhesives
    4.1.3.1. Market Estimates and Forecast, 2018 - 2030 (Tons) (USD Million)
  4.1.4. Medical Coatings
    4.1.4.1. Market Estimates and Forecast, 2018 - 2030 (Tons) (USD Million)
  4.1.5. Foams
    4.1.5.1. Market Estimates and Forecast, 2018 - 2030 (Tons) (USD Million)
  4.1.6. Others
    4.1.6.1. Market Estimates and Forecast, 2018 - 2030 (Tons) (USD Million)

CHAPTER 5. MEDICAL GRADE SILICONE MARKET: APPLICATION OUTLOOK ESTIMATES & FORECASTS

5.1. Medical Grade Silicone Market: Application Movement Analysis, 2024 & 2030
  5.1.1. Prosthetics
    5.1.1.1. Market Estimates and Forecast, 2018 - 2030 (Tons) (USD Million)
  5.1.2. Orthopedic Components
    5.1.2.1. Market Estimates and Forecast, 2018 - 2030 (Tons) (USD Million)
  5.1.3. Medical Devices
    5.1.3.1. Market Estimates and Forecast, 2018 - 2030 (Tons) (USD Million)
  5.1.4. Medical Tapes
    5.1.4.1. Market Estimates and Forecast, 2018 - 2030 (Tons) (USD Million)
  5.1.5. Oral Care Products
    5.1.5.1. Market Estimates and Forecast, 2018 - 2030 (Tons) (USD Million)
  5.1.6. Contact lenses
    5.1.6.1. Market Estimates and Forecast, 2018 - 2030 (Tons) (USD Million)
  5.1.7. Others
    5.1.7.1. Market Estimates and Forecast, 2018 - 2030 (Tons) (USD Million)

CHAPTER 6. MEDICAL GRADE SILICONE MARKET REGIONAL OUTLOOK ESTIMATES & FORECASTS

6.1. Regional Snapshot
6.2. Medical Grade Silicone Market: Regional Movement Analysis, 2024 & 2030
6.3. North America
  6.3.1. Market Estimates and Forecast, 2018 - 2030 (Tons) (USD Million)
  6.3.2. Market Estimates and Forecast, By Product, 2018 - 2030 (Tons) (USD Million)
  6.3.3. Market Estimates and Forecast, By Application, 2018 - 2030 (Tons) (USD Million)
  6.3.4. U.S.
    6.3.4.1. Market Estimates and Forecast, 2018 - 2030 (Tons) (USD Million)
    6.3.4.2. Market Estimates and Forecast, By Product, 2018 - 2030 (Tons) (USD Million)
    6.3.4.3. Market Estimates and Forecast, By Application, 2018 - 2030 (Tons) (USD Million)
6.4. Europe
  6.4.1. Market Estimates and Forecast, 2018 - 2030 (Tons) (USD Million)
  6.4.2. Market Estimates and Forecast, By Product, 2018 - 2030 (Tons) (USD Million)
  6.4.3. Market Estimates and Forecast, By Application, 2018 - 2030 (Tons) (USD Million)
  6.4.4. Germany
    6.4.4.1. Market Estimates and Forecast, 2018 - 2030 (Tons) (USD Million)
    6.4.4.2. Market Estimates and Forecast, By Product, 2018 - 2030 (Tons) (USD Million)
    6.4.4.3. Market Estimates and Forecast, By Application, 2018 - 2030 (Tons) (USD Million)
  6.4.5. France
    6.4.5.1. Market Estimates and Forecast, 2018 - 2030 (Tons) (USD Million)
    6.4.5.2. Market Estimates and Forecast, By Product, 2018 - 2030 (Tons) (USD Million)
    6.4.5.3. Market Estimates and Forecast, By Application, 2018 - 2030 (Tons) (USD Million)
6.5. Asia Pacific
  6.5.1. Market Estimates and Forecast, 2018 - 2030 (Tons) (USD Million)
  6.5.2. Market Estimates and Forecast, By Product, 2018 - 2030 (Tons) (USD Million)
  6.5.3. Market Estimates and Forecast, By Application, 2018 - 2030 (Tons) (USD Million)
  6.5.4. China
    6.5.4.1. Market Estimates and Forecast, 2018 - 2030 (Tons) (USD Million)
    6.5.4.2. Market Estimates and Forecast, By Product, 2018 - 2030 (Tons) (USD Million)
    6.5.4.3. Market Estimates and Forecast, By Application, 2018 - 2030 (Tons) (USD Million)
  6.5.5. India
    6.5.5.1. Market Estimates and Forecast, 2018 - 2030 (Tons) (USD Million)
    6.5.5.2. Market Estimates and Forecast, By Product, 2018 - 2030 (Tons) (USD Million)
    6.5.5.3. Market Estimates and Forecast, By Application, 2018 - 2030 (Tons) (USD Million)
6.6. Latin America
  6.6.1. Market Estimates and Forecast, 2018 - 2030 (Tons) (USD Million)
  6.6.2. Market Estimates and Forecast, By Product, 2018 - 2030 (Tons) (USD Million)
  6.6.3. Market Estimates and Forecast, By Application, 2018 - 2030 (Tons) (USD Million)
  6.6.4. Brazil
    6.6.4.1. Market Estimates and Forecast, 2018 - 2030 (Tons) (USD Million)
    6.6.4.2. Market Estimates and Forecast, By Product, 2018 - 2030 (Tons) (USD Million)
    6.6.4.3. Market Estimates and Forecast, By Application, 2018 - 2030 (Tons) (USD Million)
6.7. Middle East & Africa
  6.7.1. Market Estimates and Forecast, 2018 - 2030 (Tons) (USD Million)
  6.7.2. Market Estimates and Forecast, By Product, 2018 - 2030 (Tons) (USD Million)
  6.7.3. Market Estimates and Forecast, By Application, 2018 - 2030 (Tons) (USD Million)

CHAPTER 7. COMPETITIVE LANDSCAPE

7.1. Recent Developments & Impact Analysis, By Key Market Participants
7.2. Vendor Landscape
  7.2.1. Company Categorization
  7.2.2. List Of Key Distributors and Channel Partners
  7.2.3. List Of Potential Customers/End Users
7.3. Competitive Dynamics
  7.3.1. Competitive Benchmarking
  7.3.2. Strategy Mapping
  7.3.3. Heat Map Analysis
7.4. Company Profiles/Listing
  7.4.1. Momentive Performance Materials Inc.
    7.4.1.1. Participant’s Overview
    7.4.1.2. Financial Performance
    7.4.1.3. Product Benchmarking
    7.4.1.4. Strategic Initiatives
  7.4.2. Trelleborg AB
    7.4.2.1. Participant’s Overview
    7.4.2.2. Financial Performance
    7.4.2.3. Product Benchmarking
    7.4.2.4. Strategic Initiatives
  7.4.3. China National Bluestar (Group) Co. Ltd.
    7.4.3.1. Participant’s Overview
    7.4.3.2. Financial Performance
    7.4.3.3. Product Benchmarking
    7.4.3.4. Strategic Initiatives
  7.4.4. 3M Company
    7.4.4.1. Participant’s Overview
    7.4.4.2. Financial Performance
    7.4.4.3. Product Benchmarking
    7.4.4.4. Strategic Initiatives
  7.4.5. Henkel AG & Co. KGaA
    7.4.5.1. Participant’s Overview
    7.4.5.2. Financial Performance
    7.4.5.3. Product Benchmarking
    7.4.5.4. Strategic Initiatives
  7.4.6. KCC Corporation
    7.4.6.1. Participant’s Overview
    7.4.6.2. Financial Performance
    7.4.6.3. Product Benchmarking
    7.4.6.4. Strategic Initiatives
  7.4.7. Elkem Silicones
    7.4.7.1. Participant’s Overview
    7.4.7.2. Financial Performance
    7.4.7.3. Product Benchmarking
    7.4.7.4. Strategic Initiatives
  7.4.8. Dow Corning Corporation
    7.4.8.1. Participant’s Overview
    7.4.8.2. Financial Performance
    7.4.8.3. Product Benchmarking
    7.4.8.4. Strategic Initiatives
  7.4.9. Zodiac Coatings SAS
    7.4.9.1. Participant’s Overview
    7.4.9.2. Financial Performance
    7.4.9.3. Product Benchmarking
    7.4.9.4. Strategic Initiatives
  7.4.10. Wacker Chemie AG.
    7.4.10.1. Participant’s Overview
    7.4.10.2. Financial Performance
    7.4.10.3. Product Benchmarking
    7.4.10.4. Strategic Initiatives