Global Medical Grade Silicone Market is expected to reach USD 2.04 Billion by 2026 from USD 1.14 Billion in 2016 at a CAGR of 6.0%.

Medical grade silicone possess excellent conductivity, tensile strength, long life span, and thermal stability. Medical grade silicone application in healthcare and pharmaceutical industry drives the growth of medical grade silica market. Growing demand from Asia Pacific and the increasing application sectors such as implants, dental tools, drug delivery devices, prosthetics, syringes, and disposable medical devices fuel the demand growth of medical grade silicone market. Regulatory policies in different economies and high cost are the key factor restraining the growth of medical grade silicone market.

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