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Medical Grade Silicone Market Trends

Report ID: GMI5184
Published Date: Jun 2023
Report Format: PDF

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Medical Grade Silicone Market Trends

Rapid advancements in the dentistry sector will pave the path for industry progression. Silicone rubber is now being used in several dental procedures due to its excellent biocompatibility and tear resistance. In fact, modern silicone rubber materials used in dentistry have advanced formulations that offer precise replication of oral structures during the impression-making process. This contributes to better-fitting dental restorations and improved patient outcomes. Moreover, hydrophilic silicone rubber materials have also been developed, which can readily capture moisture and fluids present in the oral cavity.

Authors: Mariam Faizullabhoy , Pratiksha Kamthe

Frequently Asked Questions (FAQ) :

In 2022, the medical grade silicone industry was valued at USD 1.5 billion and will grow at 6.5% CAGR by 2032, attributed to the surging number of cosmetic and plastic surgeries globally.

The market size from the rubber segment will reach over USD 1.2 billion by 2032, driven by the high compatibility of medical grade silicone rubber with various sterilization methods.

North America industry size reached more than USD 295 million in 2022, attributed to the rising prevalence of cardiac arrests and diabetes in the region.

Leading industry players include Wacker Chemie AG, Primasil Silicones Limited, Elkem ASA, Shinu-Estu Chemical Co., Ltd., and Momentive (KCC Corporation), among others.