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Medical Grade Silicone Market Size
- Report ID: GMI5184
- Published Date: Jun 2023
- Report Format: PDF
Medical Grade Silicone Market Size
Medical Grade Silicone Market size was worth USD 1.5 billion in 2022. Driven by the growing number of cosmetic and plastic surgeries globally, the industry could exhibit a 6.5% CAGR by 2032.
Cosmetic and plastic surgeries have gained immense traction owing to the rising inclination of people towards improving their appearance through minimally invasive cosmetic procedures. As per the International Society of Aesthetic Plastic Surgery, over 1.9 million liposuction procedures were performed, in 2021, globally. As per the Centers for Medicare & Medicaid Services, in 2021, the overall healthcare spending in the U.S. witnessed a spike of 2.7%, reaching USD 4.3 trillion.
| Report Attribute | Details |
|---|---|
| Base Year: | 2022 |
| Medical Grade Silicone Market Size in 2022: | USD 1.5 Billion |
| Forecast Period: | 2023 to 2032 |
| Forecast Period 2023 to 2032 CAGR: | 6.5% |
| 2032 Value Projection: | USD 2.7 Billion |
| Historical Data for: | 2018 to 2022 |
| No. of Pages: | 132 |
| Tables, Charts & Figures: | 153 |
| Segments covered: | Form, Application and Region |
| Growth Drivers: |
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| Pitfalls & Challenges: |
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Frequently Asked Questions (FAQ) :
Medical Grade Silicone Market Scope
