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Ongoing Study Offers Key Foresights on Expansion of Silastic Implant Market During 2018-2028

05-23-2018 07:08 AM CET | Health & Medicine

Press release from: Future Market Insights

Ongoing Study Offers Key Foresights on Expansion of Silastic

Need for Silastic Implant Surgery

Silastic implant are used in a surgery conducted to treat dysfunction of the joints and the joints gets rupture due to facture, arthritis or accidents. In silastic implants a substance made from silicone is inserted into the joint which is unmovable and its function as a spacer and makes the joint moveable. The substances used in silastic implant is made of polymeric rubber substances and is flexible like rubber. The materials used in silastic implants are silicone rubber, which is made from implants silicone gels used to fill the shell. The silicone used can be sanitary silicone, glazing silicone, neutral care silicone. The silastic implants are also performed in males and females wherein there is defect in the reproductive organs. Silastic implants are also used in knee replacement surgeries and also to replace a joint. Silastic implants are also used in breast surgery. Silastic implants are beneficial in orthopedic surgery as the joint is not moveable and it cause flexibility of the joints. The silastic implants are new types of implants becoming popular among the orthopedic surgeons.

Patients with Successful Silastic Implants with Post-Traumatic Stiffness of Finger Joints

From the following year from 2013 to 2016, many patients have replaced finger joints. Of those patients who had finger replacement were reviewed on how they felt after the implant and the success rate of the implant was checked. It came to the notice that many of the patients were satisfied with the silastic implant surgeries .The joint which was not able to move had started moving and their anxiety level also reduced. The success rate also depended on the deformity they had for so many years. They could move the joint easily and did not faced difficulty in moving the joint, but regular checkups were important.
Factors Driving the Silastic Implant Market

The global market for silastic implant is driven by increasing incidences of accidental fractures, accidents, joint replacements, etc. Growing number of silastic implants procedures is another factor driving the demand for silastic implants across the globe. Availability of reimbursement policies for implants is a preliminary factor increasing penetration of these products in the matured markets. However, emerging countries do not have definite reimbursement policies for silastic implants, which restricts the market growth. Technological advancements in silastic implants is an important factor fueling the growth of the silastic implants market. For instance, new materials are used in silastic implants, which have change the diagnostic ways of silastic implant. Silastic implants play a very important role in curing the damage to the organs, if it is done at right time.

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Ortho Silastic Implants Segment has Significant Market Share

Significant portion of the market has been covered by prosthetic silastic implants, ortho salistic implants, and breast silastic implants. Ortho silastic implants holds largest revenue share. This is due to higher incidence of accidents and fractures. Moreover, the awareness towards prognosis of Ortho Salistic Implants is on higher side for accidents, arthritis pains, and deformity in the joints which lead to strong positioning of these segments in overall market. Technologically advanced materials used for silastic implants of bones and joints is the main reason why ortho silastic implants have the more market share.

Silastic Implants are Mostly Conducted in Hospitals

Hospitals and diagnostics laboratory segments use a strong position in the market due to invasive nature of the silastic implants market. These end users share significant portion of revenue in the overall market. However, continuing growth of silastic implants and higher sensitivity and specificity of silastic surgeries will provide remarkable growth opportunities for the silastic market in outpatient clinics and hospitals settings. Further, the growing trend of self-diagnostic & hospitals as prognostic approach would flourish the growth of the market.

Regional Market Outlook

Geographically, the global silastic implants market is segmented into five key regions viz. North America, Latin America, Eastern Europe, Western Europe, Asia Pacific, Japan and the Middle East & Africa. North America will continue to dominate the global market due to the availability of advanced technologies and more number of laboratory developed tests. Europe is expected to hold second large market share in the global silastic implants market due to growing prevalence of chronic diseases.

Competition Outlook of Silastic Markets

Examples of some of the players identified in the global silastic implants market are Allergan, Arion Laboratories, Cereplas, Establishments Labs, GC Aesthetic etc. Majority of silastic implants are available as laboratory-developed tests. The hospitals which provide full silastic implants are Breach Candy hospitals, Apollo Groups of Hospitals, John Hopkins Hospital. Silastic implants testing varies at the regional level owing to variations in terms of available technologies used in laboratory developed silastic implants. However, silastic implants offers a global opportunity to its manufacturers, as these are the common tests perform globally.
Key Data Points Covered in the Report

The report covers exhaustive analysis on:

Silastic implants market by test type, end user and region
Regional level market analysis of North America, Latin America, Eastern Europe, Western Europe,Asia Pacific Excluding Japan, Japan, Middle East & Africa by test type, end user segments and country
Silastic Implants MARKET Dynamics & Opportunity Assessment
Historical Actual Market Size, 2013 - 2017
Silastic Implants Market Size & Forecast 2018 - 2028
Silastic Implants Agents Current Trends/Issues/Challenges
Competition & Companies involved

Report Highlights:

Shifting industry dynamics
In-depth market segmentation
Historical, current and projected industry size, recent industry trends
Key Competition landscape, market structure, regulatory scenario
Epidemiology outlook for diseases
Economical spending, regional healthcare outlook, consumer healthcare expenditure
Availability of testing, cost of test, specificity and sensitivity of test kits
Strategies for key players and product offerings, channel strategies, regional foot print, channel footprint
Potential and niche segments/regions exhibiting promising growth
A neutral perspective towards market performance in terms of value and volume

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Market Segmentation

By Implant Type

Breast Silastic Implants
Ortho Silastic Implants
Prosthetic Silastic Implants

By End user

Hospitals
Diagnostics Laboratories

By Region

North America
Latin America
Eastern Europe
Western Europe
Asia Pacific Excluding Japan
Japan
Middle East & Africa

Research Methodology

The market sizing of silastic implants will be done by the adoption data triangulation approach. The demand-side approach will be followed to assess the actual market size of silastic implants. Secondary research will be done at the initial phase to identify the feasibility of the target products/technology categories and its respective segments, product and service offerings, equipment installed base in end-use facilities, adoption rate and future impact of new technologies. Additionally, per capita consumption among end users will be tracked at a granular level to obtain the most accurate information. Each piece of information will be eventually analyzed during the entire research project, which help build a strong base for the primary research information.

Primary research participants include demand-side respondents such as laboratory managers, procurement managers, research supervisors at academic and research institutes, as well as key opinion leaders in addition to supply-side respondents such as equipment and reagent manufacturers, custom solution and service providers who provide valuable insights on trends, research application of products and technologies, purchasing patterns, services offered and associated pricing.

ABOUT US:
Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services, which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights, an aerial view of the competitive framework, and future market trends.

CONTACT:
Future Market Insights
616 Corporate Way, Suite 2-9018,
Valley Cottage, NY 10989,
United States
T: +1-347-918-3531
F: +1-845-579-5705
Email: sales@futuremarketinsights.com
Website :www.futuremarketinsights.com

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