Global Medical Grade Silicone Market Size & Outlook
Global medical grade silicone market, 2018-2030 (US$M)
Related Markets
Global medical grade silicone market highlights
- The global medical grade silicone market generated a revenue of USD 5,565.5 million in 2024 and is expected to reach USD 7,046.0 million by 2030.
- The market is expected to grow at a CAGR (2025 - 2030) of 4% by 2030.
- In terms of segment, automatic accounted for a revenue of USD 2,825.1 million in 2024.
- Automatic is the most lucrative mode of operation segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2024.
- Country-wise, China is expected to register the highest CAGR from 2025 to 2030.
Global data book summary
| Market revenue in 2024 | USD 5,565.5 million |
| Market revenue in 2030 | USD 7,046.0 million |
| Growth rate | 4% (CAGR from 2025 to 2030) |
| Largest segment | Automatic |
| Fastest growing segment | Automatic |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Semi Automatic, Automatic |
Other key industry trends
- In terms of revenue, the North America accounted for 15.4% of the global medical grade silicone market in 2024.
- By country, the China is projected to lead the global market in terms of revenue in 2030.
- By country, China is the fastest growing regional market and is projected to reach USD 1,297.3 million by 2030.
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Medical Grade Silicone Market Scope
Medical Grade Silicone Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global medical grade silicone market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to medical grade silicone market will help companies and investors design strategic landscapes.
Automatic was the largest segment with a revenue share of 50.76% in 2024. Horizon Databook has segmented the Global medical grade silicone market based on semi automatic, automatic covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Medical Grade Silicone Mode Of Operation Outlook (Revenue, USD Million, 2018-2030)
- Semi Automatic
- Automatic
- Global Medical Grade Silicone Machine Outlook (Revenue, USD Million, 2018-2030)
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Horizon Databook provides a detailed overview of global-level data and insights on the Global medical grade silicone market , including forecasts for subscribers. This global databook contains high-level insights into Global medical grade silicone market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global medical grade silicone market size, by regions, 2018-2030 (US$M)
Top 10 countries: Medical grade silicone market size, 2024 (US$M)
Global medical grade silicone market share, by mode of operation, 2024 & 2030 (%, US$M)
Medical grade silicone market: Opportunity assessment by country
Global medical grade silicone market, by region, 2024 (US$M)
Related regional statistics
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