Global Medical Silicone Sheet Market

Report ID : 1332 | Published : 2022-08-01 | Pages: | Format: PDF/EXCEL

The market size of the Global Medical Silicone Sheet Market is predicted to show an 16.24% CAGR during the projected period.

A medical silicone sheet is used for purposes in medicine that have undergone biocompatibility testing. Medical silicone sheets come in three varieties: non-implantable, temporarily implanted, and permanently implantable. Tubes, dental retainers, long- and short-term implants, respiratory masks, non-stick containers, menstrual cups, syringe pistons, seals and gaskets, and gel sheets for scar healing are just a few goods that use them. The demand for sustainable wound care solutions has been sparked by the increase in accidents leaving patients with chronic wounds and associated lifetime psychological effects. One of the most promising products in the care of wounds and scars is the medical silicone sheet. One of the main reasons the healthcare industry chose to promote and use these treatments was the quicker healing time and high success rates. Prosthetics and orthopedics device demand is rising quickly, which is positively affecting market expansion. For the manufacture of orthopedic and prosthetic devices, silicone is the ideal material due to its lightweight and attractive appearance.

Strict and time-consuming regulatory criteria are predicted to impede the growth of the medical silicone sheet market. In addition, because of the rising need for thermoplastic elastomers (TPE) in the healthcare industry, it is projected that the demand for silicone elastomers will rise slowly. International regulations significantly constrain the expansion of the market for a medical silicone sheets. The fluctuating cost of raw materials significantly constrains the development of the global market for a medical silicone sheet.

Market Segmentation:

The Medical Silicone Sheet Market is segmented on the basis of Application and End-User. Based on Application, the market is segmented as Surgical wounds, Scar patches, Burn Treatment, and Others. Based on End-User, the market is segmented as Hospitals & Clinics, Ambulatory Surgical Center, and Homecare.

Based on Application, the burn treatment segment is accounted as a significant contributor to the Medical Silicone Sheet Market.

One of the most widespread uses for medical silicone sheets was burn therapy. The main contributing factors to demand in this market were the increased number of burn injuries resulting in chronic wounds and the high success rates for treating the wound.

One of the most significant problems the global healthcare sector is currently facing is the treatment of burn wounds. The invention of bandages and patches with a quicker healing process is the ultimate way to fight against burn scars, as grafting is not a remedy for every burn damage. One of the main factors boosting the segment over the forecast period is rising public knowledge of the numerous treatment options available for burn care. Increasing consumer readiness to spend more money and choose new, advanced burn care solutions is another factor speeding up the segment growth.

Based on end-user, the hospital segment is accounted as a significant contributor to the Medical Silicone Sheet Market.

The hospital & clinic will lead the end-user market in the forecast period and account for the major share of consumption. Hospitals must purchase the products in huge quantities due to the high number of accident instances that are recorded in the hospitals. As a result of sedentary lifestyles and an increase in bariatric procedures, which call for the use of wound care products to prevent surgical site infections, this segment is expected to develop. Additionally, NPWT and surgical wound care dressings are more appropriate for hospital use and impractical for home care. Additionally, hospitals are regarded as major purchasers of wound care products due to their established relationships with vendors.

The North America Medical Silicone Sheet Market holds a significant revenue share in the region.

North America will have a major share of the medical silicone sheet market. This region's medical silicone sheet market is expected to rise rapidly because of the growing demand for pre-filled syringes, prostheses, surgical implants, catheters, tapes, APIs, DDS, and other applications. Growing demand for end-use applications, as well as low manufacturing costs and a high economic growth rate, indicate a positive growth factor. These considerations encourage companies to improve their R&D strategy and expand in this sector. Market participants are always focused on this area in order to obtain market share and enhance revenues. Biocompatibility, hydrophobicity, pathogen resistance, low surface tension, and inherent thermal and chemical stability are projected to spur substantial growth in the demand for medical silicone sheets in the United States marketplace. Silicone is extensively employed in pharmaceutical formulations because of its anti-foaming properties, which is expected to enhance the medical silicone market in the United States throughout the projected period.

Competitive Landscape

Some of the major key players in the Medical Silicone Sheet Market are CVS Health, ScarAway, Lando Biomaterials Company, Aliver, Smith & Nephew, Fortune Medical Instrument, Australian Health Industry Co. Pty Ltd., Hans Biomed Corp, Winner Medical, Molnlycke Health Care, Renhe Group, Shandong Huangshengtang Pharmaceutical, Lubrizol, Haerbin Qianbaina, Trelleborg, Elkem, Gurido, Krucasano, and Henitar.

Chapter 1. Methodology and Scope

1.1. Research Methodology

1.2. Research Scope & Assumptions

Chapter 2. Executive Summary

Chapter 3. Global Medical Silicone Sheet Market Snapshot

Chapter 4. Global Medical Silicone Sheet Market Variables, Trends & Scope

4.1. Market Segmentation & Scope

4.2. Drivers

4.3. Challenges

4.4. Trends

4.5. Investment and Funding Analysis

4.6. Industry Analysis – Porter’s Five Forces Analysis

4.7. Competitive Landscape & Market Share Analysis

4.8. Impact of Covid-19 Analysis

Chapter 5. Market Segmentation 1: By Application Estimates & Trend Analysis

5.1. By Application & Market Share, 2020 & 2030

5.2. Market Size (Value US$ Mn) & Forecasts and Trend Analyses, 2020 to 2030 for the following By Application:

5.2.1. Surgical wounds

5.2.2. Scar patch

5.2.3. Burn treatment

5.2.4. Others

Chapter 6. Market Segmentation 2: By End-user Estimates & Trend Analysis

6.1. By End-user & Market Share, 2020 & 2030

6.2. Market Size (Value US$ Mn) & Forecasts and Trend Analyses, 2020 to 2030 for the following By End-user:

6.2.1. Hospitals & clinics

6.2.2. Ambulatory Surgical Center

6.2.3. Homecare

Chapter 7. Medical Silicone Sheet Market Segmentation 3: Regional Estimates & Trend Analysis

7.1. North America

7.1.1. North America Medical Silicone Sheet Market revenue (US$ Million) estimates and forecasts By Application, 2020-2030

7.1.2. North America Medical Silicone Sheet Market revenue (US$ Million) estimates and forecasts By End-user, 2020-2030

7.1.3. North America Medical Silicone Sheet Market revenue (US$ Million) estimates and forecasts by country, 2020-2030

7.2. Europe

7.2.1. Europe Medical Silicone Sheet Market revenue (US$ Million) By Application, 2020-2030

7.2.2. Europe Medical Silicone Sheet Market revenue (US$ Million) By End-user, 2020-2030

7.2.3. Europe Medical Silicone Sheet Market revenue (US$ Million) by country, 2020-2030

7.3. Asia Pacific

7.3.1. Asia Pacific Medical Silicone Sheet Market revenue (US$ Million) By Application, 2020-2030

7.3.2. Asia Pacific Medical Silicone Sheet Market revenue (US$ Million) By End-user, 2020-2030

7.3.3. Asia Pacific Medical Silicone Sheet Market revenue (US$ Million) by country, 2020-2030

7.4. Latin America

7.4.1. Latin America Medical Silicone Sheet Market revenue (US$ Million) By Application, (US$ Million)

7.4.2. Latin America Medical Silicone Sheet Market revenue (US$ Million) By End-user, (US$ Million)

7.4.3. Latin America Medical Silicone Sheet Market revenue (US$ Million) by country, 2020-2030

7.5. Middle East & Africa

7.5.1. Middle East & Africa Medical Silicone Sheet Market revenue (US$ Million) By Application, (US$ Million)

7.5.2. Middle East & Africa Medical Silicone Sheet Market revenue (US$ Million) By End-user, (US$ Million)

7.5.3. Middle East & Africa Medical Silicone Sheet Market revenue (US$ Million) by country, 2020-2030

Chapter 8. Competitive Landscape

8.1. Major Mergers and Acquisitions/Strategic Alliances

8.2. Company Profiles

8.2.1. ScarAway

8.2.2. CVS Health

8.2.3. Aliver,

8.2.4. Smith & Nephew

8.2.5. Lando Biomaterials Company

8.2.6. Australian Health Industry Co. Pty Ltd.

8.2.7. Fortune Medical Instrument

8.2.8. Molnlycke Health Care

8.2.9. Hans Biomed Corp

8.2.10. Winner Medical

8.2.11. Shandong Huangshengtang Pharmaceutical

8.2.12. Renhe Group

8.2.13. Haerbin Qianbaina

8.2.14. Lubrizol

8.2.15. Elkem

8.2.16. Trelleborg

8.2.17. Krucasano

8.2.18. Gurido

8.2.19. Henitar

8.2.20. Other Prominent Players

Segmentation of Medical Silicone Sheet Market-

By Application

  • Surgical wounds
  • Scar patch
  • Burn treatment
  • Others

By End-User

  • Hospitals & clinics
  • Ambulatory Surgical Center
  • Homecare

By Region-

North America-

  • The US
  • Canada
  • Mexico

Europe-

  • Germany
  • The UK
  • France
  • Italy
  • Spain
  • Rest of Europe

Asia-Pacific-

  • China
  • Japan
  • India
  • South Korea
  • South East Asia
  • Rest of Asia Pacific

Latin America-

  • Brazil
  • Argentina
  • Rest of Latin America

 Middle East & Africa-

  • GCC Countries
  • South Africa
  • Rest of Middle East and Africa

InsightAce Analytic follows a standard and comprehensive market research methodology focused on offering the most accurate and precise market insights. The methods followed for all our market research studies include three significant steps – primary research, secondary research, and data modeling and analysis - to derive the current market size and forecast it over the forecast period. In this study, these three steps were used iteratively to generate valid data points (minimum deviation), which were cross-validated through multiple approaches mentioned below in the data modeling section.

Through secondary research methods, information on the market under study, its peer, and the parent market was collected. This information was then entered into data models. The resulted data points and insights were then validated by primary participants.

Based on additional insights from these primary participants, more directional efforts were put into doing secondary research and optimize data models. This process was repeated till all data models used in the study produced similar results (with minimum deviation). This way, this iterative process was able to generate the most accurate market numbers and qualitative insights.

Secondary research

The secondary research sources that are typically mentioned to include, but are not limited to:

  • Company websites, financial reports, annual reports, investor presentations, broker reports, and SEC filings.
  • External and internal proprietary databases, regulatory databases, and relevant patent analysis
  • Statistical databases, National government documents, and market reports
  • Press releases, news articles, and webcasts specific to the companies operating in the market

The paid sources for secondary research like Factiva, OneSource, Hoovers, and Statista

Primary Research:

Primary research involves telephonic interviews, e-mail interactions, as well as face-to-face interviews for each market, category, segment, and subsegment across geographies

The contributors who typically take part in such a course include, but are not limited to: 

  • Industry participants: CEOs, CBO, CMO, VPs, marketing/ type managers, corporate strategy managers, and national sales managers, technical personnel, purchasing managers, resellers, and distributors.
  • Outside experts: Valuation experts, Investment bankers, research analysts specializing in specific markets
  • Key opinion leaders (KOLs) specializing in unique areas corresponding to various industry verticals
  • End-users: Vary mainly depending upon the market

Data Modeling and Analysis:

In the iterative process (mentioned above), data models received inputs from primary as well as secondary sources. But analysts working on these models were the key. They used their extensive knowledge and experience about industry and topic to make changes and fine-tuning these models as per the product/service under study.

The standard data models used while studying this market were the top-down and bottom-up approaches and the company shares analysis model. However, other methods were also used along with these – which were specific to the industry and product/service under study.

To know more about the research methodology used for this study, kindly contact us/click here.

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16.24% CAGR during the projected period

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