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U.S. Silicones in Medical Devices Markets
Frost & Sullivan, Jan 2007, Pages: 34
This Frost & Sullivan research service on the U.S Medical Silicone Market provides a detailed analysis in terms of forecasts by product types. This study reviews the principal drivers and restraints and examines the future potential for silicones in medical devices. In this research, Frost & Sullivan's expert analyst thoroughly examines the following application types: short term and long term devices.
The following technologies are covered in this research:
- Elastomeric technology
- Resin-in-polymer technology
- Room temperature vulcanizing (RTV)
Market Overview
Advanced Performance Properties Provide Greater Opportunities for Silicone
With changes in legislation such as the removal of ban on silicone implants, the U.S. medical silicones market has been witnessing significant transformation for past few years. 'The market is also poised for steady growth in future years owing to the superior properties of silicone compared to other polymers used in implants,' notes the analyst of this research service.
These high performance properties include the ability to withstand a wider range of temperature and high resistance to water and many other chemicals. Moreover, their high tear and tensile strength properties make silicones extremely flexible. Silicones are also tasteless, odourless, and bacterial resistant, exhibiting superior compatibility to human body. All these factors make silicones highly biocompatible and bio durable when compared to other materials.
Technological Improvements and Increasing Requirements in Healthcare Present Product Innovation Opportunities
The medical silicone market, a niche market, is at present facing challenges such as increasing energy costs and new technological developments as the medical device industry continues to witness improvement of product designs in terms of patient comfort, functionality, ergonomics, and styling. With regard to fabrication of medical devices, silicone with its range of benefits such as high degree of biocompatibility, considerable mechanical characteristics, and chemical and temperature resistance is capable of meeting the increasing material requirements of medical device fabricators.
However, with changing requirements in the healthcare industry, product innovation provides opportunities for the growth in the medical silicones market. 'Although the long history of successful use of silicones in medical devices has helped position it well in this market, the industry is highly driven by safety regulations and policies, hence, investment in medical engineering is paramount to remain competitive,' explains the analyst.
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