European Medical Grade Silicone Market Size, Share, Growth, Analysis and Forecast 2023-2030

The European Medical Grade Silicone market is anticipated to grow significantly at a CAGR of 5.7% over the forecast period. The UK, Germany, France, Italy, Spain, and the Rest of Europe are the key economies that contribute to the growth of the European Medical Grade Silicone market over the forecast period. The key aspect that drives the growth of the European Medical Grade Silicone market includes the well-established chemical sector across the region. As per the European Chemical Industry Council (CEFIC), Europe is the second-largest producer of chemicals across the globe. Thus, the rising chemical industry is expected to provide ample opportunities and in turn, enhance the growth of the market in the region.

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Further, the rising prevalence of CVDs also creates scope for market growth over the forecast period. European regions including UK, Spain, Germany, France, Italy, Sweden, and other EU countries have a huge pool of CVD patients that creates scope for the growth of the market. Due to the massive population of CVD, CHD, stroke, and the rise in the adoption of drugs as well as substantial implantable devices, the market is projected to grow considerably during the forecast period across the region. The region also has a quality healthcare system coupled with cohesive government policies, that are driving the market in the region. Hence, a well-established healthcare sector is also likely to considerably support the market growth.

European Medical Grade Silicone Market - Segmentation

By Form

Gels
Medical Adhesives
Medical Coatings
Elastomers

By Application

Medical Devices
Medical Tapes
Oral Care
Prosthetics & Orthopedic
Contact Lenses
Others

A full report of European Medical Grade Silicone Market is available at: https://www.omrglobal.com/industry-reports/europe-medical-grade-silicone-market

European Medical Grade Silicone Market- Segment by Region

Europe

Germany
United Kingdom
France
Spain
Italy
Rest of Europe

Company Profiles

3M Co.
Bluestar Silicones (Elkem Group)
DOW Corning Corp.
Henkel AG & Co. KGaA
Momentive Performance Materials Inc.
Royal DSM NV
Trelleborg AB
Wacker Chemie AG

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