openPR Logo
Press release

Covid-19 Impact on Medical Grade Silicone Rubber Market

Medical Grade Silicone Rubber Market: Introduction

• Medical grade silicone rubber contains polymers of different chain lengths. It always comprises a principal silicon oxygen chain and an organic moiety bound to the silicon. Properties of medical grade silicone rubber vary greatly, depending on the organic groups and chemical structure.
• The main ingredients of medical grade silicone rubbers are unique raw silicone rubber gum and high-purity silica. Medical grade silicone rubber is utilized in instruments with critical functions, such as defibrillators, heart pumps, and surgical reconstructive components, which employ the biocompatible and hydrophobic properties of silicone.
• In terms of product, the global medical grade silicone rubber market can be segmented into liquid silicone rubber and high consistency rubber. The liquid silicone rubber segment is expected to expand at a significant pace during forecast period owing to its various beneficial properties, such as high bacterial and chemical resistance, excellent transparency, superior dielectric strength, and ability to function in extreme temperatures.

Key Drivers of Medical Grade Silicone Rubber Market

• Rise in demand for medical grade silicone rubber from various medical applications such as disposables, catheters, surgical instruments, prosthetics and implants, and drug delivery systems is expected to augment the market. Medical grade silicone rubbers possess fine hydrophobic and electrical properties, good chemical stability and flame retardancy, and superior resistance to heat and cold. These properties make them ideal for medical applications such as disposables, catheters, surgical instruments, prosthetics and implants, and drug delivery systems.
• Increase in global healthcare expenditure is projected to boost the consumption of medical grade silicone rubber during the forecast period. Healthcare spending is rising across the globe due to an increase in awareness about healthcare and a rise in the demand for advanced healthcare services. Additionally, consistent rise in patient population due to an increase in the number of road accidents and chronic diseases is expected to fuel the need for surgeries, which in turn is boosting the demand for medical grade silicone rubber in surgical instrument applications.

Request Sample
https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=80337

Restraints of Medical Grade Silicone Rubber Market

• Volatility in prices of raw materials is projected to hamper the global medical grade silicone rubber market. Raw materials such as silicone rubbers, silicone rubber gum, and high-purity silica are used in the preparation of clear encapsulation materials. Prices of these raw materials are fluctuating, as the supply chain has been disrupted due to the COVID-19 pandemic. Demand for these raw materials is witnessing volatility, which in turn significantly affects their prices.
• Dearth of universal directives pertaining to applications of medical grade silicone rubber is also likely to hamper the market in the near future. Every country has different directives and legislations pertaining to the use of medical grade silicone rubber. Companies find it difficult to comply with these country-wise directives and legislations. This can discourage investment in the medical grade silicone rubber market and subsequently, restrain the market.

More Trending Reports
https://www.prnewswire.com/news-releases/emergence-as-popular-restorative-material-use-in-dentistry-to-drive-glass-ionomer-cement-market-notes-tmr-study-301352030.html

COVID-19 Impact on Medical Grade Silicone Rubber Market

• Market players operating in the medical grade silicone rubber market are primarily tier I and tier II manufacturers and suppliers. Manufacture and supply chain facilities of these manufacturers have spread across various countries in Asia Pacific, Europe, North America, Latin America, and Middle East & Africa. Several players have halted their production output for the last few months due to the COVID-19 pandemic. The pandemic has negatively impacted the demand and supply chain of these materials. Thus, demand for medical grade silicone rubber is expected to decline in 2020.

Request Covid19 analysis on this market
https://www.transparencymarketresearch.com/sample/sample.php?flag=covid19&rep_id=80337

Asia Pacific to Hold Major Share of Global Medical Grade Silicone Rubber Market

• In terms of region, the global medical grade silicone rubber market can be split into North America, Asia Pacific, Europe, Middle East & Africa, and Latin America
• Asia Pacific is expected to hold a significant share of the global market during the forecast period owing to a rise in the demand for advanced healthcare services. Increase in spending on healthcare infrastructure and reimbursement coverage is projected to boost the medical devices sector in the region, which in turn is projected to drive the demand for medical grade silicone rubber in Asia Pacific.
• Rise in disposable income, increase in per capita healthcare spending in China, India, Japan and other countries in Southeast Asia are major factors augmenting the market for medical grade silicone rubber in these countries
• The market in North America is also expected to expand at a significant pace during the forecast period owing to the presence of well-developed healthcare infrastructure in the region

Prominent Players Operating in Medical Grade Silicone Rubber Market

Major players operating in the global medical grade silicone rubber market are adopting various organic and inorganic growth strategies such as joint ventures, mergers & acquisitions, expansion, collaborations, new product launches, strategic alliances, and research and development to increase their regional presence and business operations. Key players operating in the market include;
• Dow Corning
• Wacker Chemie AG
• Momentive Performance Materials Inc.
• KCC Corporation
• Elkem Silicones
• Shin-Etsu Chemical Co., Ltd.
• NuSil Technology LLC
• Wynca Group
• Primasil
• Saint-Gobain Performance Plastics

Buy Now
https://www.transparencymarketresearch.com/checkout.php?rep_id=80337<ype=S

About Us

Transparency Market Research is a next-generation market intelligence provider, offering fact-based solutions to business leaders, consultants, and strategy professionals.

Our reports are single-point solutions for businesses to grow, evolve, and mature. Our real-time data collection methods along with ability to track more than one million high growth niche products are aligned with your aims. The detailed and proprietary statistical models used by our analysts offer insights for making right decision in the shortest span of time. For organizations that require specific but comprehensive information we offer customized solutions through adhoc reports. These requests are delivered with the perfect combination of right sense of fact-oriented problem solving methodologies and leveraging existing data repositories.

TMR believes that unison of solutions for clients-specific problems with right methodology of research is the key to help enterprises reach right decision.

US Office Contact

90 State Street, Suit e 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: https://www.transparencymarketresearch.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Covid-19 Impact on Medical Grade Silicone Rubber Market here

News-ID: 2393094 • Views: 159

More Releases from Transparency Market Research

Photo Emulsion Market - Global Industry Report, 2031
Albany, NY - Europe Photo Emulsion Market: Introduction Transparency Market Research delivers key insights on the photo emulsion market in Europe. In terms of revenue, the photo emulsion market in Europe is estimated to expand at a CAGR of 5.4% during the forecast period, owing to numerous factors regarding which TMR offers thorough insights and forecasts in its report on the photo emulsion market in Europe. The fluctuation in raw material prices
Strategic Analysis of the Global Gusseted Poly Mailers Market, Forecast to 2030
Gusseted Poly Mailers Market: An Overview A gusseted poly mailer is a flat poly mailer with an expandable bottom that is ideal for less fragile and bulkier shipments like books, clothing, shoes, soft toys, documents, and pharmaceuticals. It is lightweight and has ultra-tough strength with enhanced durability and moisture resistance. The multi-layered polyethylene reduces the chances of puncture and tear thereby adding to its product characteristics. The peel and seal gusseted poly
Masking Tapes Market - India Industry Report, 2031
Albany, NY - India Masking Tapes Market: Introduction Transparency Market Research delivers key insights on the masking tapes market in India. In terms of revenue, the masking tapes market in India is estimated to expand at a CAGR of 5.1% during the forecast period, owing to numerous factors regarding which TMR offers thorough insights and forecast in its report on the masking tapes market in India. The emissions of volatile organic compounds
Polylactic Acid Market To Increase at Steady Growth Rate
Polylactic Acid (PLA) Market: Overview Polylactic acid has risen in industry attention on the back of growing popularity of bioplastics. Vast range of use of PLA plastics in commercial and industrial applications are key to increasing investments in the PLA market. polylactic acid is derived from renewable resources such as sugarcane and corn starch. PLA has been used in the production of plastic films, plastic bottles, automotive parts, and most prominently

All 5 Releases


More Releases for Medical

Medical Tourism Business
Medical Tourism businesses are experiencing sudden whoop in the industry. It is because of the availability of great procedures, technologies, infrastructure, and medicines required. It is projected that the Medical Tourism sector will progress to $8.2-9 Billion by 2025. In the market data, it clearly shows, the demand for healthcare services is rapidly growing, and it is potential for the business to enter the market. As the modern trends, awareness,
Medical Defibrillator(Monophasic)
Asynchronizer:External defibrillator Charging time:At 360J less than 10 sec Paddle configuration:Reusable extermal adult and pediatric paddles Operates from the mains (AC) and with its intemal Lead-acid battery Jiangsu Medwish Network Technology Co., Ltd. is located in Jiangsu, China. It is in a beautiful, clean and convenient environment. We are a professional manufacturer engaged in the research, development, production, sales and export of medical equipment. At the same time, we have a professional foreign
Global Embolization Particle Market 2019 - Sirtex Medical, Merit Medical, Cook M …
The global "Embolization Particle Market" report delivers a comprehensive and systematic framework of the Embolization Particle market at a global level that includes all the key aspects related to it. The data is collected from different sources allied to the global Embolization Particle market and the research team meticulously analyze the gathered data with the help of various analytical tools and present their opinion based on analysis and calculations. The
Global Tracheostomy Tube (Tracheotomy Tube) Market 2018 - Medtronic, Teleflex Me …
The Global Tracheostomy Tube (Tracheotomy Tube) Industry 2018 Market Research Report is a professional and in-depth study on the current state of the Tracheostomy Tube (Tracheotomy Tube) industry. Firstly, Tracheostomy Tube (Tracheotomy Tube) Market report provides a basic overview of the Tracheostomy Tube (Tracheotomy Tube) industry including definitions, classifications, applications and Tracheostomy Tube (Tracheotomy Tube) industry chain structure. Global Tracheostomy Tube (Tracheotomy Tube) Market analysis is provided for the international market
Medical Power Market Medical Power Market
This report studies Medical Power in Global market, especially in North America, China, Europe, Southeast Asia, Japan and India, with production, revenue, consumption, import and export in these regions, from 2012 to 2016, and forecast to 2022. Request for discount @ https://www.researchtrades.com/discount/1445183 This report focuses on top manufacturers in global market, with production, price, revenue and market share for each manufacturer, covering Astrodyne TDI (US) CUI Inc. (US) Delta Electronic, Inc (TW) Excelsys
Medical Ventilators – Medical Devices Pipeline Assessment, 2017
ReportBazzar has released its latest research-based report entitled ‘Medical Ventilators’ market. This report provides a holistic approach to the market growth with a detailed and precise analysis of the overall competitive scenario of the Medical Ventilators market. The report also provides a detailed analysis of key trends and latest technologies, playing a prominent role in the Medical Ventilators market growth. It takes into account aspects such as drivers, restraints, challenges, and